I’ve top sliced this morning as happy with my profits but if it falls back a bit I’m back in heavy but the profits in a short time space to good to resist. Over time whether it takes a bit longer or not it heads to 20p though
DGR1980 It also recently dropped to just over 80p intra day. The macro economics are against all house builders and my opinion stands. I hope inflation falls off a cliff and and interest rates falls and Taylor Wimpy flys. Unfortunately whilst inflation has grown at slower pace in America the fed will still raise rates in December so I expect a reality check. However the rise is great news for holders and if we believe Dividends will be kept then fantastic. I truly truly wish every investor well but I’m happy with my recent investments elsewhere. In fact I recently doubled my money in a few weeks elsewhere so happy elsewhere for now. Good luck all
Thought I’d remind us why we should stay the course with MHC. After reading the results again I still conclude it’s a company with so much potential. Penny is exited about the four quarter so give us something to be exited about
Stt1 I agree with you 100%. Taylor Wimpy shares have crashed from highs of over £2.50 down to 83p and because they’ve bounced to £1.03p people forget the losers who invested much higher. I’m so happy they have gone up and really hope they continue and always said I hope I’m wrong but I truly see a housing crash on a scale not seen before. The shares may rise If markets believe interest rates will fall significantly in 6 months but I just see other factors such as cost of living, rising energy and more companies laying off workers all having an impact and mostly higher interest rates. The shares have bounced and I wish it higher for long term holders but for me the risks are becoming more riskier with new data every day. Once again I wish it higher but my opinion stands and I’ll be staying around to face the music either but good luck all.
That late sale took us back down. I’m in for long term but am definitely dissatisfied with share performance because it’s generating so much cash. Other shares flying even though there cash positions are in a terrible state. I’m confident we will have our time soon enough
I’m still here and gone nowhere. Good luck to those that hold it but nothing has changed and unless inflation drops i and house prices stabilise I’ll stick to staying clear. But I hope I’m wrong and glad to wish holders well
The opening sell at 775,000 was at 8.23 and just after that a 50,000 at 1.6p so that’s why I feel it was a buy but hopefully we get clarification. Either way it’s naughty delaying the notification of it.
My opinion is it was a buy but I would also guess it could well be Directors buy maybe. Just may be or someone connected to the company. If this is the case it would have to be disclosed so we will soon find out.
The good news no cut in dividends. I truly think the government do not realise the impact of a slowdown in the housing market for the Uk economy and they will have to act as the slowdown becomes more visible
I’m invested in QBT but I honestly don’t know how to value it without news and updates on the technology side. I like others check daily for updates but nothing forthcoming which is disappointing and the share just fluctuates daily. I really do worry about the volatility in the crypto space and the energy to produce one which is I believe in and invested in Qbt but look at Bitcoin and others near collapse of lately. What is the use of a Bitcoin and how do you truly value something as a asset but then how do you value a diamond,gold bar or a Rolex for example!. I truly hope QBT delivers and the lack of updates is not helping. I knew the risks and rewards when investing so only invest what you can afford to lose but if they get it right the rewards could be huge
Was t was saying for long time 10p or below was very cheap. Happy to hold long term. Still a good price and remember the recent purchase prices from Directors.
The sooner news lands the better. We need some news to change perception on MHC. Strange a company with so much cash but the markets don’t seem to care. A company like Cineworld can fly 200% in a day as it did a few weeks ago with loads of debt. The mind boggles 100%