RE: So my 50/60p prediction came true!12 Apr 2022 15:23
During the resent investor meeting the Chairman was asked about his intentions to purchase shares. His Response was to say he intended to purchase shares As soon as he was able to do so.
Now the results are out the closed period has gone so no excuses. The recent drop would have been a perfect opportunity to buy in and restore confidence. After all Henry Spain bought shares a lot higher recently so unless the Directors are unable to for other reasons I would hold them to there comments at the investors meeting.
RE: House Builders are on Solid Foundations12 Apr 2022 12:06
They will tighten lending to cool inflation. Then have no choice to drop interest rates quickly to get the market moving again to try a head off recession. Seen it all in every downturn. What other formula is there to tackle inflation!. House prices falling is the aim of the government to help first time buyers. The best way to achieve the objective would be to reduce capital gains and then landlords would sell and create more supply than demand then the prices fall and real aim achieved. It’s simple really
Lord Paul These went to 7p on a wing and a prayer. We now know that facts and figures and they’re at 2p. Fundamentals are getting stronger and products ready to launch any day soon. New members to the board who will want to prove their worth. Also as I always say I’m long term and don’t really worry about short term swings. All great growth stories have wild swings but with MHC the long term I see as upwards. Once I beat my return on a bank account over the year I’m happy. I’d sooner invest I a company that is growing and making money with potential than a company that is rising in hope. There’s a lot of them on the stock market. Most importantly know your own personal time frame. I’m in for years so hopefully I will see a good return over years
RE: So my 50/60p prediction came true!11 Apr 2022 19:05
I will be amazed if that 180,000 unknown transaction is not a Director or something to do with Henry Spain investments. This more than explains the drop but given the prices at the time it’s clear it was a buy and all the recent purchases via Henry Sp as in have come through unknown. I expect an announcement soon if I’m correct. If I’m wrong then someone has placed a large buy.