Member Info for jamesmaggs

Tipped in the IC this week,grossly oversold,well covered on earnings,slipped a bit due to concerns over spending cuts on social housing. If they aint building them,they need to repair and maintain them and this lot are stacked with work!!

Well mate,its almost reached the stage i darent look! Everything in loss but holding everything waiting for takeovers,successful drug trials,oil and gas discoveries,dividends and a change in direction of the whole market. Work much busier for me now thank goodness,perhaps i should go for a listing on aim!!!! Anyway,all paper losses bought and paid for,kept a bit back for any surprise rights issues or open offers and have the odd risky dabble here and there but not going to run an open position for now,catch up soon bud and hope "real work" is going well for you.

Just received my divi credit today,a good reminder of why i,m heavily into these. Pretty much all shares i hold are well down at the moment but still a good time to buy in i,d say,plenty of work i,m told and know a few working for them who are buying and investing and i,m not ramping here as i dont do that kind of thing and even if i did,its not that "type" of share. Anyway,very reassuring that the divi is well covered,they,ve got plenty of work and that those in the know are buying in,i remember a guy who worked for george wimpey telling me the same when they were about 10p a share. Realistically, i reckon these are good for 40-45p but assuming the economy doesnt double dip and that this lot get into more lucrative projects in the long-awaited recovery,for those of us with a longer term view who knows,barratts,persimmon etc are also cheap but they dont pay this kind of yield,just my take,good luck all!!

Now fully-loaded in here again,looks like a good update and maybe when the news sinks in, we,ll be back over the magic 50+,difficult to tell but a snapshot view is they are at the least a decent investment,at best they,ll climb back up the cliff they recently fell off!!!!

Okay bud,i get it,will look at topping up monday,very little trade on that recently so will stand out a tad from the crowd.........p.s. no i havent sold noventa,even when they showed a profit recently!!!!

Wow, we,re back on here!!! Just saw the post after posting you back on cosalt! You and your big miners eh! On the subject of NVTA, i,m told that if they get the dual-listing, they are ISA-able,a query sage answered during my brief but surprisingly brief daliance on range resources recently. Well i had a good time with regal petroleum recently,averaging down to 41 and shifting the lot at 48 today and it scared me to death as i had 25k of them and had to get the broker on the phones to shift them in 1 go as they would only give a price in 10k,s or drop a penny for larger amounts on the bid,the joys of owning dodgy and illiquid shares! Anyway used the proceeds to average down on aviva to just over 3 and a half quid and dumped the remaining 750 quid on euronickel which are already down 15%, AKT,PYM,10K of each,cosalt 50k but might average down if they go to 5p! (did i say if!!!).....have a good weekend mate and let me know what your "little something" is, BBY is now my most regular haunt!!!

I asked the same question earlier on the balfour board mate,slugs came up with a credible explanation.

I dont know mate,watching winners and owning losers,yep i know that feeling! Did well on spice though and have managed to accumulate more ROK today and am playing with the usual ragtag of oilies,speckies,yielders and big ones too here and there. Actually sat on a 1500 quid noventa profit without selling,but i think that profit has faded away now,similarly my most recent cosalt excursion briefly showed a profit and i didnt sell,whats wrong with me!!!!! Anyway,i,m sure they,ll bear fruit one day as will my lovelife too! Taking a new project to badminton horse trials tomorrow so who knows eh! Glad work has picked up for you,me too on and off,have a great weekend too bud.

Sorry bud, one of my sellouts before they went up,how irritating as ever,wont let it happen on cosalt or mwana though!!! Hope you,re doing okay these days?

The way i see it,if they,re not building much these days,the repair and maintanance side should see them through and the divi is well covered so its worth holding on for the longterm and its quite reassuring seeing their vans all over the place too!!! good luck mate

Okay i,ve bought some more on the basis that even though the profit was at the lower end,it was still within and theres a difference of 4 and a half percent and a SP drop of 8+%,paid 35.244...whether i did the right thing,thats another matter but my gut feeling is we,ll be back in the 40,s soon at which point i,ll be in profit and if not then more divis for the longterm!!!

Have already got lots of these for the yield and recovery logterm,some in my ISA,others in the everyday account which i,m deliberating averaging down on at these prices but i can see the point you,re making on the short term,had a brief look at the statement but agree we,re not quite over-cooked yet,will speak to my broker in a bit and report back here

Bottom fishing time!!!

Found slugs on the old girl,he,s been at it with the banks again!!! Pretty much held up here despite the market nose-diving again,slowly slowly back to the 50,s then are we waiting beyond 55p??? max; welcome aboard the good ship spice,no real predictions,who can really tell but its defo a 50p share,might follow last year or whenever it was but may be worth keeping a few for the yield and longterm thereafter

Cheers for the link. Dropped my CNT,S just before close and topped up on aviva and glaxo,if it all goes to rat****,at least the divis are there,as here!!

Okay bud will do,whats your "homepage"? Also going to sit on the CNT,s, spoke to my broker and it seems a healthy situation with maybe another 10 or 15% in the tank,but the yield rise isnt enough to make them keepers for me beyond that. On the subject of bottom fishing,UKC? I had a big position that i (thankfully) thinned out at just under 60 last week but kept a few and now trying to work out whether they,re overdone again,or maybe i should just forget them,sell the CNT,s for 3.30 and buy some more aviva which seem cheap today,any thoughts?

No worries mate,catch up later

Back up now,seems a bit twitchy on the spread on low volumes, i,ve been stake-building on 38 ish entry points and have an overall average of 40.5 now incl costs mate. Due to the high yield, its one of the ones i dont sell any of,a bit like SDY, yielding and ISA-able and with good recovery prospects,if and when it gets going!!! O/T, my VOG are looking a bit down these days,i assume you,re still in them? CNT awaiting 3 quid then out,are you in them too bud?

So we,re thinking 60,s then!!!! Hmmm,now that would be nice and cant remember if it was last year or the year before but you,re right there was definately a seasonal climb,though i reckon 90 is a bit ambitious even for us eternal optimists!! Glad to see wolfie is prowling out there,we may need to swap a few further updates buddy!!

Covered 3 and a half on the divi,but you,ve just missed the latest one,huge forward order book,plenty of work,if buildings arnt being built they all need repair and maintainance which this lot are busy with and when it becomes fashionable to build again ,they,re ready to get stuck in. The directors recently bought in and dumped a few to cover the tax. In my opinion,a good recovery play with a great yield,well off the radar,ISA-able,well worth tucking away if thats your bag!