Member Info for ilikehousebuilde

When a share moves significantly without any news like the HB's right now!

Hi thriller40,

Partly as a news trader I am wondering what news would propell this higher from here on, not taking into account possible broker upgrade/commentary?

Liberum raises PT to 790 from 745.

Going xdividend 6 may,any thoughts on sp movement till then?

Us treasuries bond was up (1.67%) yesterday!

Why would going ex divi make it go up!?

(1215 Gmt)
As investors are trying to make the most from the cyclicals/value rally, UBS has come up with it's favourite plays in Europe by countries:

UBS is "overweight" on:

Germany as it is their favoured cyclical bet
UK as it's coming off a 20-year low for relative valuations with a dividend yield 35% above Europe
Norway for its earnings momentum across all 12 markets and valuations are reasonable with the cyclically adjusted P/E in line with long-run averages.
They also upgrade Italy and Spain to "neutral", and turn "underweight" on Sweden, Finland and Denmark.

Here a list of buy-rated stocks by UBS which trade “on reasonable valuations” and have “positive earnings momentum:” Volkswagen , HeidelbergCement , Siemens , Royal Dutch Shell , Schroders and Taylor Wimpey .

(Stefano Rebaudo)

"Have We Learned Nothing From The Global Financial Crisis?" (1222 Gmt)
The fact that more money has been injected into equities over the past five months than in the last 12 years sure tells you something about the mood investors are in. ...

And with fears of a 'melt-up' creeping up, the fact that the UK housing market is booming to record highs can only be taken as another sign of the (irrational?) exuberance fuelling the 'buy-everything' rally. ...

"Have we learned nothing from the global financial crisis?," former Bank of England policymaker Andrew Sentance took on Twitter to ask.

"Then, loose monetary/financial policies led to excesses resulted in the crisis, including a massive house price bubble", he went on, adding that "History seems to repeating itself now as the housing market is pumped up by low interest rates".

Mortgage lender Halifax said house prices rose 6.5% in annual terms, taking the average house price to a record high 254,606 pounds, not bad during a global pandemic eh?

Hi johncut,
I really hope we get a pull back so I can get back in!On a technical level there is negative divergence on the daily all the way down to 5 min on the rsi.

just saw this,came out yesterday 13:37:
BofA Securities raises British house builder Bellway to "neutral" from "underperform" as it expects the company's land strategy to help it improve its margins.

Hi everyone,

Is there good discussion on UK stocks on Reddit?

FTSE 250 has now recouped all of its prepandemic losses!

Tw now leading HB's at +3.15 for the day?psn second.do you think this trend could continue for a few more days this week or it's a miracle we got this far and should close long positions now,is there any significant news that has propelled sp's this far or just catching up with precovid highs and it will continue till it gets there and even go a bit further,I am in PSN at 3112.

HB's are on fire today on a second consecutive day of gains lead by PSN up 2.8% at 8:43!newswise apart from lower bond yields and maybe the reopening trade which I would not have thought would affect HB's cause they were open through the lockdown,I can't see anything else right now.we are on the way to getting to that 10to 17 % upside you mentioned dimi123 for psn!

Hi dimi123,
Thanks for your insight! just wondering,why do you think PSN is fully priced?

Thanks nickylauda,if it came out 16:05 yesterday it did nt affect the sp yesterday is today's bullish performance because of that?I hope do

Berenberg raises price target from 1210 to 1270

Meanwhile, the latest survey from Nationwide showed house prices unexpectedly dipped in March ahead of the original deadline for the stamp duty holiday.

House prices fell 0.2% on the month following a 0.7% increase in February, and versus expectations for a 0.4% rise. On the year, prices jumped 5.7% in March following a 6.9% jump the month before and compared to expectations of a 6.4% increase.

tell me why PSN is leading the fallers on a second consecutive day?

On a second consecutive day I wonder why it's being punished?