RE: she is struggling19 Jul 2021 11:57
150 under threat as the bear sentiment remains here on so-called "freedom day", carnage across the board this morning. Looks like the market has decided the government got it wrong (again), not helped by the serious inflation threat in the States (and here when people wake up to it) and weaker Chinese economy.
Having said that, other builders are reporting excellent results and still seeing plenty of demand for new homes, and 130 would equate to a yield of almost 6.5%, just based on the normal dividend. Reason enough to buy if it gets near that level, surely? K