RE: sage1 Nov 2013 20:09
Personally they fit my criteria very well. I'm not in this for quick turnarounds but instead for long term investment. I originally bought at 6p the week they rocketed to 12p. I sold some but then after further reading decided I'd re-buy at 12p this week. Historically new build housing margins have been very good on the right developments. Construction and housing is booming now in the south and this should bode well for MAR. Ultimately their risks going forwards are ensuring their supply chain is in line. Particularly materials as the big brick and block manufacturers are already showing signs of struggling with demand. The same goes with labour. In London it is difficult to keep good labour as trades will often walk if they know they can earn an extra £10 a shift on another site,