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madmick62
Posts: 158
Price: 49.56
No Opinion
RE: 50p30 Apr '21
I can't see it getting above 50p now until next year. I can though see it hitting 40p or less later this year.
Stop loss strongly advised for the fingers crossed holders out there.
I won't be buying anymore until September/October time.
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And after that it hit 65p. Or something like.
And you hang about on this one share criticising others and pedalling advice. Let me tell you boy, there's more than one share on offer and you ain't got a clue what any of the few on this board are up to. And I'm making money, and how I choose to do it is up to me.
So get yourself sorted.
You do your thing I'll do mine. Just because you're doing nothing don't mean everybody else is the same. Nice little tickle for me between Weds. and Friday. Bit of profit. And done my core average no harm.
I just twigged you're seeing your error on what's actually happened as against your prediction. Second part of that post you responded to
Raleigh
Posts: 1,722
Price: 56.05
No Opinion
RE: Predictions updateSun 12:13
"I've sold everything and will get back into the market October time."
OK.
"So far I've been spot on with my predictions. We've had the predicted top of the market in May and the correction has started."
Not OK. Untrue. Check out the FTSE All Share Index
"I've sold everything and will get back into the market October time."
OK.
"So far I've been spot on with my predictions. We've had the predicted top of the market in May and the correction has started."
Not OK. Untrue. Check out the FTSE All Share Index
The only view I take particular note of is the company's, to end December.
Whilst the evolving Covid-19 backdrop will continue to create uncertainty in the short term, more so in our EU markets than the UK, the strong demand across territories and sectors in the first four months of the year was encouraging and gives the Board increased confidence for the full year performance.
The momentum we have seen through March and April, together with improving visibility on the near-term order book, means that we now expect the Group to deliver an underlying operating profit in the first half, returning the Group to profitability earlier than expected.
Given the prevailing macro-economic uncertainties, we retain a cautious view of the second half at this stage. We do however continue to expect the second half to be both profitable and cash generative, and in light of the stronger than anticipated recent performance we now expect full year revenues to be slightly ahead of prior expectations, and profits also to be higher than previously expected."
I have never predicted a price.
26th. June 2001 10.01 AM
So much work to do, so few workers to do it
By Tom Lowe
The good news for construction is that post-lockdown there is now burgeoning demand. The bad news is that there are nowhere near enough people to do the work
Azad Azam is the founder of Design Plan Build (DPB), a £1.3m turnover contractor which builds mostly small housing schemes in London. Over the past six weeks he has been trying to increase his 16-strong workforce by 11 to take on a larger project than usual, a 47-home apartment scheme in Walthamstow. He had already priced his bid based on his expectations of how much it would cost to hire the extra workers, but the post-lockdown labour market had other ideas.
“We just can’t get them,” he says. “The prices that people are asking now, and the amount that we’ll need to pay to get people to leave where they’re working and come to us, makes it uneconomical”. Last week, he met the client and said that he would have to turn the job down because he could not get the resources. “There’s a massive, massive labour shortage,” he says.
It's only a UK snapshot. As against that, they're coming back. But presumably to their existing employers. So on balance the issue is extra demand. Maybe not a bad problem to have for Sig, provided they can fulfil orders now or in the future.
"The number of furloughed construction workers fell by 15% in March - 3% more than the national average. The latest HMRC data shows that there were around 196,000 workers in construction furloughed at the end of March, compared to over 230,000 at the end of February. Published 6 May 2021
…
"I've been asked to explain what's been going off in the last few days. It's a mystery to me. I can't see why the share price has started to recover."
Generally, when more shares are bought than sold the price goes up.
Senior NED bought some.
https://www.lse.co.uk/rns/WIX/wickes-group-plc-director-pdmr-shareholding-ilb062pt9y0ulxi.html
So that's him and the chairman at 2.50 - despite the in my view Travis sellers who don't want Wickes. They can only sell once.
I added quite a lot, with fingers crossed to be honest yesterday. Just to get me back closer to where I want to be. Then it went on. Watching like a hawk though for a couple days. Don't like doing that. But it's looking alright again.
Stops no good for me really. And if there is a shortage of shares, I do not want to be selling mine to feed the others.
January and February were as expected but sales took off at the beginning of March and have continued in April and May. This high level of demand is partly due to projects being delayed during lockdown periods, but mainly due to growth in RMI and major infrastructure projects.
“Will the surge in RMI continue? Our merchant customers are not expecting a slowdown, and we don’t envisage any short or medium-term let up, because homeowners have come to appreciate their homes more and living habits have changed.
https://www.buildingtalk.com/bmbi-strong-april-as-builders-merchants-sales-continue-to-bounce-back/
https://www.buildingtalk.com/bmbi-strong-april-as-builders-merchants-sales-continue-to-bounce-back/