Member Info for jamrock

I agree margins are going up and shortage of workers will keep demand for few available high. I am surprised Staffline have not come out and made some sort of announcement to help calm the market and stop the selling as a low price don’t help Staffline. It just enhances the chances of a takeover.

It was a magical rise on Friday so a pullback was inevitable but strongly see this rising sharply shortly.

https://m.youtube.com/watch?v=HpigBcerrXw
All the information shared pointing to a rise in Covid in the Uk and Europe.
I think it’s just a matter of time before the market sentiment changes. I would expect further updates soon from board and wouldn’t at all be surprised to see another acquisition possibly given our cash position. I definitely expect news on developments regarding talks about products being sold in Boots, Lloyds and new stores soon also. It’s in the companies interest now to try and get the share price up incase they do make an acquisition and need to raise funds etc.
I would also like to see Directors committing themselves and buying shares at these prices.
Good luck all and keep the info coming

Still no RNS who bought 1,5m shares!

Triumph 1
We get slaughtered for stating the obvious because it’s not in the interest of many to hear the truth. In 2020 in lockdown the government handed out money like confetti and didn’t think it was inflationary!.
The house prices have gone up over 50% in many cases in two years when no one was working as a result in many cases. This was always going to fuel inflation and unfortunately our children will be burdened for decades to come. I know loads of builders who demanded cash for jobs in lockdown to get the grants etc. A pathetic scheme that fuelled fraudulent claims which has been written off.
Anyway I hope the Government stop taxing the working class and focus on nearly non paying organisations such as McDonalds, Amazon, Facebook etc who send our money abroad and pay next to no tax.
Time for a real change to clear public debt and stop taxing already burdened citizens of the UK.
If they don’t then our children will struggle to afford there own homes given the cost of living.
Anyway I still think house prices will fall 10-20% which don’t help house builders or current home owners. I also think it will last for years not months and I expect repossessions to rise next year and job losses to increase

Nothing seems to move the shares. Not 2x 500,000 buys

At what point does Henry Spain have to declare who he’s buying for. I’d like there deep pockets at these prices

Wow!
Two huge buys

Property is a hedge against inflation!. If you recently bought at a high price and prices fall how does inflation help you?.
Until they come up with a formula that links property inflationary price rising bubbles to real inflation we will always have these cycles and conversations.
I just wonder how a qualified surveyor values a house last year for £200k and then this year for £180k and says they are qualified?. Sorry surveyors use rightmove and see what the average is in the street which is outdated because doesn’t account for those that have spent fortune renovating their homes.
Once again please let me be wrong and I’m so happy to be wrong but inflation as a result of cheap money and ultra low interest rates for years will cause a crash.
Guess what!. The goods news is the world will use the same formula next year to get us out of this mess that got us into it. Yes more cheap money and interest rates will fall to start the cycle all over again.
Just look how they got out of the 2008 mess.

We still ain’t broke 10p. Let’s get it over 10p

I just hope the rise is for real. In truth you never 100% know but this time it feels like it is with positive news

9.41p to sell and 9.49p to buy. Next to no spread. This could move quickly

Will it break 10p !

Well done investors. Good to see a positive story in a negative market

Inflation is currently 9%, Nurses have had a few percentage pay rise in ten years. Many needing food banks to help!. How will they afford a house?.

Taylor Wimpey shares currently 93p. Remind me how much they were 10 years ago when no inflationary worries. Don’t think inflation has helped the share price grow. Once inflation peaks and subsidies house builders will be fine but when will that be!.
Talk of energy black outs in winter so petrol and energy costs heading up again. This is a big inflationary factor which will cause the Bank of England to raise rates unfortunately. Sorry to paint a gloomy picture but it’s called a cycle in the housing market and we’ve peaked in prices and the bubble is deflating quickly.
Sometimes cash is king and at least it’s safe for now.
How many shares have risen in 2022!. Not a lot so I just say I hope I’m wrong but inflation kills growth in my opinion

What is crazy is people really thinking that property is a one way journey upwards. People buying today are likely to understand negative equality very quickly. Banks are only going to lend if the government guarantees loans to safeguard them. The government provided help to buy scheme and fooled many young first time buyers and helped push up prices which had led to inflationary pressures with more demand for materials etc and labour costs. If they start defaulting the government has a bigger problem with mortgage debts they guaranteed.

Sunbeam
Lost the plot. Lol. 2 year fixed rates moved to 6%. First time ain’t got a chance that’s why the government are panicking to help them.
The buy to let investors will flood the market when they realise the mortgage rates are nearly as high as the mortgage and then they are taxed on rental income.
If the government don’t help buy to let investors there’s a bigger problem if interest rates continue upwards.
Developers will be building for housing associations because ordinary people will not meet the criteria soon.
I do hope I’ve lost the plot and I’m wrong but it’s a mirror image of the 80s and history tells us what happened. Property is turning toxic and gone are the days of cheap money

The Covid cases are rising rapidly so our revenue will also. Surely we are overdue a rerate soon. So much cash in the bank. What does it take for the market realise how solid MHC is.

This will rise and expect more RNS news. Covid rising fast. This share will move higher but today’s fall was to be expected after yesterday’s performance. If you bought much higher then it’s wise to average down

I would also urge people not to just focus on today’s RNS and go through some of the past ones. GDR is making good progress and it rose to £1.60 on hype. Now it’s under 14p and actually has a product and ready to launch into the worlds largest market. Time will tell and I think my recent purchase will pay dividend in time. I’m not a day trader so happy to hold for longer term