I think the market is just fed up with the cladding costs being increased year after year. And now that gilts are high, pension funds are simply investing less. We have to hope that cladding costs won't be increased anymore and that the lawsuit against Kingspan results in a good settlement.
Did I miss something? Or does the market no longer have confidence in it? Is everything better than 3 years ago? Only the gilts still need to go down by 1.5%, and that was 0.7% before Trump's attack. Time will tell
I am also positive, but because of Trump, oil is rising, and that means inflation again. But I am curious about the May figures regarding cladding issues.
Fantastic news! Indeed, the cash stress is gone, and it opens the door for the rest of the strategic plans. It will be interesting to see what new opportunities Watkin Jones will seize with this financial tailwind. Thanks for the update!
Has the sale of 'The Ard' been completed yet, and if not, what major sales from your pipeline are expected before September 30th to generate a profit this year?