Member Info for Crossley

Lower yes. Hoping it comes in slightly below the 4.8% forecast

Afternoon

Good for you Steve. Amazing isn’t it. All of todays upside coming from 1:30 with the US inflation data. The markets are so fickle aren’t they? Let’s hope our inflation figures are as equally encouraging tomorrow. All eyes on 7am and fingers crossed

See the inflation data is in over the pond!

Morning RM

Thanks for that. Let’s hope it’s does shift even though it’s expected. Agree, this should go back to HB’s although I think you’ll see that sector start to tick up now.Not a bounce. Just look at PHNX update. We shall see

Hello again RM

Yeah, let’s hope that inflation drops a little. I remember the data coming out of the US last October. Previous 6.3, forecast 6.5, actual 6.6%. The result, all indexes dropped by around 3% that lunch time. Spent a fair chunk at 1:30pm that afternoon.

I’ve not long been back in and had a quick look at RDW update. I’ll read in more depth tomorrow but It looks like their cancellation rate due to peoples in the lower chain pulling has affected them. With an average selling price of 471k and CRST @ 433k, I believe, does that not worry you a little? I much admit Reg, CRST is not one I particularly follow. Thought you might know better than I, Is that a geographical thing on Crests part, the 433k average?

Best of luck to you next Thursday

Morning gents/ladies

Strictly, I’m currently sitting in a van travelling to site for the second day to help my brother in law build a summer house in someone’s garden! Won’t be home until tonight.

I apologies for not being there when you reached out to me yesterday. You’ve put so much time into me over this last 16 months or so and for that I’ll always be eternally grateful. If you wish me to contact you personally over the weekend then that is something I can, and would, willingly do. Although judging from your last paragraph it appears it may not be for you? I still have your details

I do hope your well!

FFO, a stellar attempt! I think todays post is as important as anything IMO. Interesting handle, did you purposely build that around FFO? Like it

RM, morning. May I just say, all this if it ain’t fixed stuff….

If I remember correctly, I replied to your first post here, along the lines of PSN having further to fall ‘cuz it was too expensive to start with. Cannot remember how long ago that was but it certainly seems long, long ago. Revisiting my last sentence to you, I don’t think you’ll ever invest in anything other than CRST because of the PBV. Where has this strategy got you? A small dividend and flat performance. I’m not saying it won’t perform going forward but so far? While all around, missed opportunities. What will you do if it goes sour?

If any of the above is inaccurate then my apologies.

Anyway, back to trannys, erections and back gardens

Have a good day all

Morning Steve and morning Slow

I’d echo that Steve. LGen is my largest holding. Must tighter trading range than say here. Bought and sold many times in the past but now being in retirement for my fourth year I’m looking for stability at the age of 55. Since retirement, bought initially 18 months ago @£2.42 but now averaging £1.91, including dividends. If the 5% increase is implemented in ‘24 ( there’s no reason why it shouldn’t ) then the 20.62p dividend will do me nicely. For me, once inflation subsides, Lgen will return to fair value in the £2.65 to £2.80 range. The figures look especially disappointing the last couple of years as Lgen got a bit ahead of itself in 2021 in relation to the FTSE.

Steve, on these boards I take note mostly of Strictly for HB’s. For LGen, in my opinion, you can’t go wrong with reading Casapinos musings on LGen.

Hope that’s of some help

Regards

Hello again RM,

That’s a fair point and one I won’t argue with.

If you’re bringing that percentage of debt to assets into the equation I think it’s a struggle? Best of luck with the search.

Have a good evening

Afternoon RM

Not sure where the value is there?

You’ll not find in that sector.

Banking for PBV. Barclays, NatWest etc?

Afternoon all

Good performance from PSN this week.

Mick, May I ask, a quick glance at your history. You’ve posted on four forums in the last month. At least three you’ve admitted not being invested in. With the absence of posting anywhere else, what do you actually invest in? If you don’t mind me asking. A genuine question

Have a great weekend all

Morning Ladies/Gents

Hope we are all well!

"my portfolio/pension pot is looking a bit sad at the moment with the shares and funds in decline"

I’ve only really started logging extensive portfolio performance since the start of 2022 now with more time on my hands.

For 2022 I showed a net loss including dividends of -3.03%

YTD for ‘23 is showing +8.09%. Only buy FTSE shares. No funds currently. I was wandering, should I be happy with these figures, pretty average or not to good? Took a bit of a battering these last five weeks as I’m sure we all have.

LGen is my largest holding

TIA and have pleasant day

Well, I’m in. Took a minute to crank the computer up but £1.74. That minute cost 1%.

Best of luck going forward all

Sorry. Yes, correct Steve!

They’ve paid 80p for 2023 with 60/20p ex dividend dates in April/October. That’s 8.25% for this year on the close of £9.78. No guarantee next year will be the same though?

That’ll take £255 million in dividend payments

Https://www.persimmonhomes.com/corporate/investors/financial-calendar/

Definitely not!

Not having it…

Search engine:

mps retirement fund shuns uk eqities, then- businesstelegraph.co.uk….

Readable link to FT article…..

https://www.ft.com/content/93c3eae3-a1a3-4ff0-8ffe-16fe9a47ca6c

Thanks Liam

Not many safe places at the moment!

Best of luck for the following few months I guess?

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