still think C D & R may take this private as early as Autumn. Surely 60p by months end
from a healthy and necessary fall.
never did anyone any harm
How much more can house prices rise? Anyway with migration and immigration to the inner cities greatly reduces, we will see a decline in demand for rental properties. This will be coupled with an increasingly aggressive policy to build news affordable homes, so much of it, sadly, on green belt.
so many terreced properties have been let out to migrant workers and the prices of these have rocketed as a result, so much of these have been bought with big mortgages and hence tight margins. If these margins are tested, we could see a big sell off, this would almost certainly cascade into the wider market. With the decline of the high street, we could also see urban floor space converted to cheap affordable accomodation. Generally speaking the UK now has a vey big debt problem and whilst we will see serious jobs growth next year when Covid is truly gone. So much of the new jobs will be "zero hours" hardly the type of jobs to sustain a " booming house market"
Madmick don't think house prices will double anywhere in the next 5 years. If anything, we will see a decade of very little house price growth and possibly even a crash. So much of the market was driven by the buy to let boom, whereby houses were let in many cases to migrant communities. With brexit this will slow down and coupled with the governments aggressive housebuilding program we could see an oversupply.
we'll have this conversation about 4:45pm. Anyway, hope all on this BB have a great Bank Holiday.
I'm jealous of anyone whom has a ''young chick''
''I have a lot of cash to invest''
''I have bought a lot of houses''
whatever next? '' I'm a ''sugar daddy'' to a lot of ''young chicks''
C D & R look for growth, this has potential with further investment. Reason enough
madmick. Because ''moneymakers'' think long term and are willing to invest. If C D & R took over this, it would not be the first company they turned around. Would not be too many years later that we would see this return to the stock market.
If there was no Covid and the SP recovered to about £1.20 over the course of the summer, then we would have seen a takeover of about £2 per share. With the dilution, but better capitalization, I cannot see anything less than £1.20 going through.
My goodness you keep on going on about an economic boom which is not going to happen. SIG will do well because CD & R will make sure all the issues that existed in the past are dealt with. It is good enough to get a seat on the board, but when you have nearly 30% of the shares, you can really steer the company in the right direction. If anything, we will see a recession in the coming years.
"mick" you go by the profile name " madmick62" I think the profile name "plonker 2021" would he more appropriate.
We must appreciate that in the US the markets haven risen on stimulus packages. In some cases like Hertz bankrupt companies have been bought back to life. This " stimulus" comes from somewhere and is highly vulnerable to rising interest rates which will cause a severe pullback. If inflation is too high and interest rates rise too sharply and coincide with the end of FED's bond buyback policy, then we will almost certainly see a crash.
In the UK we have a terrible debt problem coupled with brexit, tax rises are coming soon, we seldon, see a sustained stock market rally in these conditions. I therefore conclude, the market will be in correction territory from the autumn onwards.
Your first suggection about a correction in May is nowhere near as " mad" as your next suggestion that SP's will rocket for the next 4 years. They cannot because the world economy has been battered by covid and most companies have taken on a lot of debt which could strangle them when interest rates rise. Most companies have SP's " bloated" by the stimulus packages dished out by the FED, SIG is simply " jumping on the bandwagon" and will continue to rise for a few months because it is currently undervalued.
will it be broken today?
Only a crash next year when the FED stops pumping money into "trash corporate bonds"
TC101 lol.
Agree lovely day in garden, just picked up 18 bottles of Carlsberg Export for £10 from ASDA bargain, lovely beer.
with or without takeover rumours
As early as the Autumn, considering some of the "stimulus fed garbage" we currently have in the index, some of this index is " the living dead".