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Could be a buying opportunity, but not yet.
That deal was lousy timing, just before the credit crunch.
The market seems to have decided that CRST. Is the next likely target to be taken over.
I also moved to 100% cash selling Tw @ 207p after holding since 2009. And Bdev @ 767p. Both of these have made me a lot of money in the last 11 years - so difficult to decide to sell builders shares after all these years. Don’t expect to get back in for the spring divi, as for the big one in July, would it be prudent to pay this out in the uncertain circumstances that could still prevail then.
Bought some more this morning. Bdev and tw now my biggest holding in the sector. Was happy with the numbers from Bdev this morning. Strong management focused on quality and customer satisfaction and introducing new methods that reduce build-times and use semi-skilled labour to limit the effect of skill shortages. What’s not to like..
No, only on here very occasionally.
These court proceedings were started 8 months ago. Surely a reputable company would have reported it to shareholders immediately.
Been in this and Barrett’s and persimmon since the credit crunch and never sold a share. The capital gain has been spectacular, as a pensioner now its the income that matters, my dividends more than equal my state/private pensions combined. The credit crunch was the best thing ever-for me.
So what’s the goss on the “secret shareholder”.
Always felt there were murky waters here, which is why I was glad to get out at 12p and take the £8000 loss.
Right choice for my sanity anyway.
Got out of this crap outfit for 12p (40% loss) said at the time I felt things were only getting worse. As far as i’m Concerned this is the most ineptly run business ever. Shockingly there were more people buying today - some people deserve what they get.