Member Info for cm45

No I don't.sorry,, but my assumption is that they are below the radar. So may only move up on press cover, deals, and results reports. Could drift a bit meantime. But their land wholesale activity may produce regular newsflow. Seems very little downside to me.

I agree with your analysis Josh and wonder if you have run your sliderule over Henry Boot? Similar to Inl in some ways. Overlooked, and assets heavily undervalued. Maybe more wholesale than retail if you get my drift.

This from the announcement to be made 'Our Construction business is winning a strong level of new work at margins reflecting the improving market, and continues to make good progress in closing out legacy contracts. The challenges of cost and availability of labour and materials are continuing to moderate across all our businesses.' Seems to be in line with private investor views and at odds with Liberums market view!!

Due next week I think. More sells than buys but price well up. Maybe someone well informed about results ahead of announcement??

Weird isn't it? High sales volumes across the sector in the last 10 days. Maybe institutions banking profits as we head to calendar year end. Not sure the proceeds are reinvested. Where oil? No. Retail. No. Engineers no. Finance no.Biotechs. Maybe. But I think a lot may be held in cash,and will come back in to this sector after the drop. I can't dig out a sector with a better upside,/downside aspect??

Very quiet board!! Investec now covering from 21 Oct with target of 800p - uplift15%+. Looking forward to the usual seasonal boost in trade which should move the sp towards the tp.....

I agree. Hard to understand. I think many of us expected it to hit 80p with such good results but the delay and flimsy excuse given didn't help. But not all of this fall is down to Liberum. Proportionately more sales than other builders and not coming back like the others today. Puzzling.

Lucky to get out of TW and INL just vbefore the drop and will use some of the cash to double up here. Maybe today depending on momentum... Looks cheap in my view.

Yes, I got out too, right at the bell @ 70.3. Just didnt like the look of such h avy sales volumes and what that m y imply...

You are right that these 'teenage scribblers' as I think Nigel Lawson called them, are often wet behind the ears and gave undue influence on share s because if the city's herd instinct. Only last week, 5 major houses including Investec, tipped Meggit strongly. The following day they dropped 30%! And they are a 3bn company. I had the same experience with Tate and Lyle. Strongly tipped just before the sweetener debacle that wiped their shares. And what Liberum failed to say is what sector they prefer to builders. If you sell you don't want your money in cash. I see this as a good buying point emerging for the sector but I see better value in Bovis and Bellway than Tw. Tw are up 765% and if they go much higher they can build a house on Mars for Matt Damon!! BoL to all investors here though. And I never have a mental problem re-entering at a lower point. I rather enjoy it. And a profit isn't a profit until it's on the bank right?

Tw. Has more buys than sells. Cant see another builder with an 8:1 sell/buy ratio. Can you??

Too many big sales going through today. Someone knows something about this that I dont. Watch this space....

Ptec announced yesterday that they expect to complete before end Nov. But its not over til the fat lady sings.... Delays make me nervous.

My reasoning which may be faulty is that it takes fi's not pi's to move the sp. And if fi's like the story, the price should be close to the offer. In my too many years investing I have never seen such a big gap between the sp and cash offer. Maybe you have? Ptec said yesterday that Plus deal should be done by end November. Another 4 weeks slippage potentially. Something isn't right here... That's all.

If a deal looks too good to be true it usually is, which is why I haven't bought Plus to pocket the 50p a share. Holders on that bb believe that if the deal fails their shares will go back up again to the frothy heights they were at before. But then if big players believed that, the gap would close, Israeli tax notwithstanding.

350k gone thru at 73.6. Hmm Buy on rumour sell on result?

Wouldn't be surprised to see ptec sp rise if Plus500 falls through. Regulatory issues that gave rise to Plus500 selling out on the cheap may be tough to fix without damaging the business model. Just my thoughts. Plus 500 still trading way below the offer price...

I was in TW too but looking at the numbers there looks to be better value in the sector. Telford, bovis,Berkeley for example. Tw is active in Spain which is depressed and in the US where builders are over rated. I like Telford's focus on Stratford east London. But we will each come to different conclusions of course.

V encouraging but sp muted. Much priced in already. Consented plots down y on y? Just timing I guess...

Ah, so is Thursday the new nominated Results day - subject to delay?