Member Info for OnFire238

The oil price will have an effect on the costs of running machinery, but the potential issues are much, much wider than that. Material price rises and, probably by far the largest weighing factor is the negative effect to the mortgage market, brought about by inflation and loss of confidence

Less than 2% of Britain's land is occupied by buildings, under 12% is covered by any sort of infrastructure.

There's a hell of a lot of land left to build new homes on, if the incentives are there

I seem to remember a certain SB on this board not so long ago with a strong sentiment of avoid. You can never trust these forums but occasionally it is wise to listen to those who have been around the block. Thank you

BDEV no longer trades. BTRW is the new ticker for the combined Barratt Redrow group.

It's not in Persimmon's control to dop the share price, that's the market action following XD

For me this is a definite add at this price. Provides me with a nice and steady defensive stock to balance the portfolio. Looking back at the most recent results this has tipped into a great value buy now for a long-term hold for which I would guess as being in the years category

You never know what news might come out that causes these to rapidly rise or fall in the short-term. Based on post CC times they are low and you don't need to time the bottom to still get a bargain. Based on recent updates from house builders the prices will likely stay at the lower end for the next few months at least, regardless of any bull days. Short-term that 5% savings rate might be the winner but if you are looking years or decades ahead the combination of divis (even if cut and re-instated), and SP rebound will far outstrip that in my opinion .

The pay date is 3rd November so within a couple of working days after that

He will get the divi however on his purchase as it went ex today - probably the main reason for the drop. I do wonder if the news that £40m of homes needing to be knocked down also adding to the drop though

Healthy £50k purchase by the CFO. As Peter Lynch once said, insiders sell for all kinds of reasons but they only buy for one good reason.

GLA

Strong headwinds at the moment - food inflation, cost of living and continued poor weather to name a few. These things are all temporary and will subside. The excellent locations of the restaurants will remain however and I'm backing management to steer the company through this year. Despite the share price hammering since buying into this, nothing fundamental about the business model and growth strategy has changed. The year end update in October will probably not be much better but as long as the business still has immediate cash I'm not going to be worried. GLA

'PSN look like they are offering to pay a mortgage for 10 months which is a great idea'

I've noticed Avant homes also offering to pay the first 12-months mortgage payments, whilst also going with the marketing angle that a new-build is more energy efficient and saves money in the long-run. I think we'll see more HBs follow suit with the mortgage offers

Was to be expected and will probably be reflected across the board for the house builders for H1 2023. As we move through the next half year I think we'll see a continuing improvement/acceptance of the new mortgage conditions, easing cost of living effects and possibly government incentives for first time buyers. GLA, keep the long-term view

"trading in line with the Board's expectations"

The market these days always takes that as a big negative. Never understood why

From the FT:
The purchase of almost £5mn of shares last week by Baker Estates, a company owned by Vistry chief executive Greg Fitzgerald and John Dunningham, is a sign that its boss also thinks there is money to be made. The buys take their combined stake to 1.94 per cent

Overall the message was that the business is prepared well for the economic turbulence, and adjustments can be made which I would assume they will have to. I largely based my investment here on the experience of the management team and they will have seen similar conditions before. This will continue to grow nicely under the radar for a a few more years I think. GLA

Easy way to remember this is replace the word EX with the word NO

A US equity firm swept in for Biffa yesterday. Certainly could happen here too

Sounds very basic but you are right - they are on time.

Read and watch reviews of Flixbus, Megabus, BlahBlah Bus. Not reliable, not same level of attentive customer service from driver, often use replacement unbranded coaches. Might be a couple of quid cheaper but if people don't trust you then they won't return

The global cost-of-living increases will continue to make coach and bus travel more appealing. From where I live it’s about six to eight times cheaper to take NEX to London than the train. That's massive. The recent railway strikes, staffing problems across European airports and fuel price increases will all drive people to more bus and coach journeys.

There are competitors who will also want a slice of the action. However, looking at many blogs, vlogs, reviews it is clear that NEX at least are clear leaders in terms of quality and customer perception. With all the contracted revenue in Europe and the US, you can trust that they will operate to a high standard to keep them for a long time.

People will always want to travel, and a well branded company offering many cheaper, greener, and comfortable ways to do so will prosper. The growth prospects for a profitable company in expanding global markets, for me, make this too good an opportunity to not buy into long-term. I'm buying in and will add more going into the winter