Member Info for Crossley

If you’re reading the rns on a phone here, I find this an easier read?

easyJet PLC - Results for the 12 months ending 30 September 2024 #EZJ https://www.voxmarkets.co.uk/rns/announcement/65b2fb8b-c662-4d3f-b673-6a5d923efadd #voxmarkets undefined

That would put them on par with Amazon or Alphabet for MCap

Pavriko,

Did you post that as a positive, or negative?

One buy as opposed to four a year ago

CGT ?

He means Her Majesty, another 3.5b gone and down below 11/% now

Morning again Armani,

Thought I’d pick your brain, if you don’t mind, on your moving from here to Wimps?

Is it, as you purely see the dividend as better protected due to TW’s div policy? Seems like a defensive move within the sector to me, and probably a shrewd one at the moment. Particularly, if you think, like I, that the dividend here for 2025 looks in danger of being cut? Certainly more so than TW. Cash burn appears to be worse here. The book value is lower too. Although, historically, that’s nothing new.

I’d be interested in your thoughts. Think I’m convincing myself now

Have the best of weekends

Go on. Go on then. You can do it. You know you want to….

Thanks for the response Armani.

I personally couldn’t believe Bellway’s share price uplift the day of results. As I posted on their forum on the day.Sold not long before results at £28.51, as thought they’d be poor. Bit early, but looks ok now. Vistry, makes me uneasy with their model. Do not like the set up with the fixed price. Can’t predict what’s going to happen ( such as cost inflation). Greg, says there’s enough in the margins. Can’t see how that can be when they work on tighter margins than the rest of the sector. Doesn’t add up to me. Looking like it’s going to be a little warmer here. Hoping for 3.2 degrees. Glad there’s no sea breeze as the wind chill factor would be horrendous. Enjoy

Afternoon Sparhawk,

I just stumbled upon reading the figures after getting a prod from my VOX app. Liked what I read. I shall look into bats before taking a leap then. Thanks for that, appreciated

Ps, I’ve been looking at getting into IMB after their latest. Looks good. Was hoping for a pull back yesterday/today but not happening. May just have to take the plunge. Thoughts, if any?

Afternoon out there Armani. Hope it’s a lovely day. Freezing here!

The third left in PSN is my last remaining holding in the sector. So, only around 7% of the original investment, sector wise. I shall be looking to moving the monies back in, something similar to what I did just after the Truss fiasco. Just need the timing again. 2025 looks tough. Although, thinking of leaving Barratt’s alone this time, RDW has gone.

So TW, BWY & PSN only, in that order. Can’t make a case for CRST or VTY.

Interested in your views?

Sold two thirds of my holdings when I was boring everyone with the margins. Wish I’d sold the lot now. One third will be back in if it hits £11.70. The other, I’ll wait and see.I'm still nervous about the dividend. There is not enough funds to sustain it. Well, that’s my view anyway. Good luck Denby. Could be worse, could be in Vistry. Still think that can drop around another 20%, especially if they’ve not finished with the bad news. If Greg does go it’ll go lower, can’t really see that happening though. We will see

My goodness Porsche. A far more interesting read than your usual, predictable attack.

Anyway, I’ve got to say, I’m no economist, unlike, apparently, this latest tw*t to add to the, ever growing list of, Starmer, Reeves (who couldn’t manage to fill in her own tax return and paid someone for the service) and last and certainly not least Rayner….

More now from Darren Jones, the chief secretary to the Treasury, who is reacting to news that inflation has risen to 2.3%.

He claimed it is "good news" that inflation is "stable and close to [Labour's] target" of 2%.

Inflation is stable, it's around target, and the key driver of inflation statistics today is that expected increase in the energy price cap set by the regulator Ofgem.

CPI rises from 1.7% to 2.3%, missing consensus, when it was predicted at 2.2%

Core CPI (that doesn’t include energy prices) rises from 3.2% to 3.3%, when it had been predicted to fall to 3.1%. Guess, he didn’t bother looking at that then?

Afternoon,

You’re just repeating everything that’s already been said!

You’re missing the whole point. The reason this was highlighted was because sontospike said he was going to retire, draw 12570 for drawdown, sell his flat and bank the proceeds. I was trying to point out that if he did, he wouldn’t have to pay tax on the first £6000 of interest received while the monies was in the bank. How someone can have approximately £135000 sitting in a bank account accruing interest and be on the breadline, I’m not sure. That must be small change to yourself then shatter?

Vistry,

One profit warning, then another in quick succession. Then at the weekend with the article of Greg having interests in other firms within the sector, that have association with Vistry. His dual role within the company. The way Vistry’s model works, Lower margins, and up front sales, they could be even more susceptible to build cost inflation than the rest of the sector. Trapped in the headlights, so to speak. Imagine if one more hiccup pops out. No saying it will, but if it does, and it’s not inconceivable, what might happen then?

From the mouth of Greg himself…£1bn capital return to shareholders over three years.” Not happening

Morning AP.

That’s your personal savings allowance. £1000 for standard rate tax payer, £500 for higher. Going back to the original post, it’s a handy way to build up your tax free earnings for the year, especially when you sell down an asset, while taking the time to get into an ISA wrapper. Particularly if you do not wish to risk your asset, and not pay tax. Here’s the gov. website if unaware. As I said, if your tax code is 1257 like most, your eligible for the £5000 + £1000…..

https://www.gov.uk/apply-tax-free-interest-on-savings

Morning,

When you fill in your tax return, Your allowed your personal allowance:£12570. Then you’re allowed a starting rate(under savings interest from banks etc.) £5000

Then you have an allowance of £1000 in basic rate band at nil rate.

So, so long as you’ve got income of £12570 or less you are allowed to earn £6000 in interest tax free on top of your £12570. If you go over the £12570 then it starts to reduce. Eg: if you’ve earned £14570 the rate drops to £4000.

I’ve been using this for a couple of years as I fixed some mortgages on low rate. So basically playing mortgage rates against savings rates for 5-10 years but do not want to risk the capital, as I'll need to pay the mortgages off, eventually. As a landlord I also get the £1000 allowance for that. So, for the last few years, I’ve been ‘taking’ £19570 and paid no tax. Hope that helps

Morning Zak. I presumed you’d finally sold up all your individual shares, moved into funds and left for good after a lengthy lay off. I take it you’re still clinging onto these in the hope of a better exit point?

Hope all is well, best regards

Convenient you picked three over two Porsche. Although, predictably not surprising

But, looking at the FTSE’s one month chart(-3.5%) against NWG (+10%). Plus ahead of BARC and way ahead of LLOY for the month too. Looking strong to me. A small leg up on the FTSE and a four will surely be seen