focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
This is probably due to the rebalancing of the MSCI UK index. WJG drops out so trackers have to sell. Same thing happened to KETL (combined with a poorly received RNS) and to AVCT. My portfolio has taken a hammering today! Now the forced sellers are gone, I hope for better tomorrow!
A huge uncrossing trade at the end of the day, quite a bit more than the volume traded through the day, and some big late reported trades, which I guess were the sells dragging the price down through the day.
Looking at the large buys coming in and SP faltering it looks like a classic tree shake to me. Time to hold IMHO. GLA
Let's face it the pressure on housing is not going to ease with net immigration running at around a third of a million per annum.
social rent increase :-)
Capping social rent to 7%
Blimey, I'm back in profit
Finally some investors are buying in... £1 here we come..
Watkin Jones yesterday (Thursday) received planning approval on appeal to a mixed use development including 366 residential units, commercial and community uses. It’s a big deal and I’m surprised it’s not been the subject of an RNS.
steadily rising everyday, surprised the big boys haven't bought in recently they need to get off the golf course and get investing.
With ease, and still an attractive dividend return at £1.
I would have thought this should at least get to £1 this week without breaking sweat.
should reach your 140p and surpass soon , this is a massive over reaction
I need 140 to meet my average - hopefully by year end. There's so much going to this company and future should be sound so long as they carefully cost every forward project - inflation is horrific in so many sectors............. GLA
need some big buys today to keep the upward trend, looking good at the moment though this could be happy days this week.
Looks like its going to be a Rishi coronation, so the recovery should gather pace next week.
https://www.msn.com/en-gb/money/other/one-of-wales-oldest-construction-firms-jehu-collapses-into-administration-with-104-jobs-lost/ar-AA13eGdi?ocid=msedgntp&cvid=19553b73dd184a6f97a7b896a7a0b49f
Thought this interesting, South Wales and Bristol firm with 85 years history and 100 million in contracts with local authorities and housing associations gone bang. Blaming 25% uplift in contracts they agreed fixed prices for.
Just shows how dangerous not hedging against price increases can be for these firms,
So have I
I have bought in here today. I fancy the prospects of the BTR sector to do well over the long term.
With luck and sanity, Rishi becomes leader. Being the only politican qualified to be a chancellor , his new regime should do wonders for strenghtening sterling, inflation should drop and things look better.
One can dream sanity previals and I can spell properly!!
Starting to come down from the recent highs caused by the mini budget. This should feed through into lower rates for mortgage deals, which jumped alarmingly in the market panic. A new, more astute PM and Chancellor should help cement this - unless BoE decide to hike interest rates to reduce inflation without any regard for the wider economy, which looks to be heading into a sharp recession. Their mandate only extends to inflation though - in retrospect an over-simplification, and one due for a rapid overhaul.
handsome dividend due too, so very nice as recovery kicks in
i suspect we are due tr1 and i did like the reread of the progressive note issued
agree, now there is plenty of value here and i fully expect this to recover