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I tried to buy £300 worth yesterday but I only managed to get about £130 filled with the rest still as pending orders! I hope they get filled today, but I am not sure why my small amount wasn't filled yesterday...
Manfor - why do you think it would test the 2008 lows?
Do you understand how vastly different the situation is for the large home builders from 2008 compared to now? Their land bank, cash in bank, forward sales, margins and total ability to stay afloat?
It’s very likely that the house builders will not complete on as many homes as they had forecasted for 2023. However, these companies are nowhere near the crisis issue that they were in during 2008.
Personally, I will continue to average down because I see huge value in these house builders and when the economy and market does turn, which it will, they will rise fast.
The big builders with cash ready to spend are still buying land, but now have the power to get better value for it. They are also looking at smaller companies which they can purchase too.
DYOR
TW has one of the best, if not the best landbank within the new home industry which they purchased with great value during the pandemic. They also have a very good balance sheet and a good order book.
Demand is still outstrips supply, and there is a housing crisis where many more new homes are needed.
The big new build companies are not in the same position they were in in 2007. I remain very confident in TW as a solid company that will provide solid returns.
Shawz007 - I have been in here from £1.20 and have averaged down and down and down, but my average is still very high, so I would love nothing more than for this to be at 90p - £1. But why do you keep saying these silly statements "90p at 3pm" all the time???
Just got £1,000 worth but bloody hell it was hard to buy!
I sold my stake in KNB and put it here.
so gutted I sold yesterday. :(
Sold some ARB about bought in here at 61.90 as it was not letting me buy for about 5min!!!
I firmly believe the Mcap should be far higher than £9m.
GLA
I just got my £500 worth, but had to pay 4.16p for them...
Been trying to get £500 worth for the last 10min but it's not letting me. Grrrr.
It has been very hard for me to get a small amount of these this morning...
GLA
HL eventually let me sell...
I have been trying to sell my holdings this morning on HL but it's not letting me.. anyone know what's going on?
Stephostocks - I also just got some on HL at 2.80 too... I was really wanting to get in at 2.50 - 2.55... Happy though :-)
Would be great if I proofread my last comment before posting... oops!
I tried to top up for the last 10min but couldn't get a thing on HL... Seems I missed a chance this morning of grabbing them at a great price...
GLA