Some heavyweight investors backing Yopa including the mighty Savills Jury still out.but going about it in the right way.In for a penny in for a pound .Not afraid of making a few board changes Bricks so far this August well down on fresh instructions compared to 2018 Its tough out there
Just a couple of posters who have some skin in the business.Maybe understand that having the Sword of Damocles hanging over your head is not conducive to conducting good business Lions led by donkeys with the very real prospect of another"Platt " type fiasco happening.
CWD is not a strong brand.The individual brands are more identifiable amongst the public The problem is that the BODS have added no value In fact the polar opposite So with a £90m debt to take on talk of an offer in excess of10p is fanciful at best
The point I am making is that sometimes its OK to take a breather. If you had stepped of the bus in 2007 from Bellway it wasn't until 2014 that the SP regained that lost ground Not saying that will be the case today Trees don't grow to heaven All the signs at the street fighting end are leading me to a point of caution.
Difficult to disagree.The numbers are compelling.Just as they were in April 2007 when the SP was 1690.Within 15 months down to 419.The Housing market disasembled quickly. Too many red flags with incentives at the Gate certainly enough to indicate cash is king for the time being .
Terrace Hill were mainly commercial and retail developers Almost accidental residential developers when there was a lull in those sectors Like Strictly I was invested myself prior to the reverse takeover Like James know some of the personalities at UANC .Again mainly commercial and retail.Elliott Bernerd of Chelsfield the breeding ground for UANC used to be my boss some years back He was like a human tornado weaving deals feeding the machine. He has mentored both the individuals who are the driving force of UANC who certainly have picked some fairy dust from him Robin Butler arrived at Chelsfield from what is now CBRE ironically the company that has bought TEF Not invested but what is evident from this diversion like Steve Morgan at Redrow is the importance of leadership at the top Still trying g to get to grips With Bellway as have no knowledge of those who run the ship and unfamiliar with their individual developments That really is my first port of call Keeping my powder dry.
Herein lies the rub.The options on strategic planning plays on mini villages in the Home Counties which might be 10 years from cradle to grave wont be showing in book values.They operate at a different level to just shoving a road in and working through the phases These guys are deal makers out of the top drawer
Have to agree with James UANC are a class act .Wouldn't be surprised if Sheffy rolls up there to spearhead a BTR division .Content to be sitting back and watching for the forseeable future with the majors Just feeling a bit nervy
€1.3rm in redundancy costs in 1st 6 months.They aren't shutting offices on the basis of lease lengths .The point is this is no tunaround but just a cost stripping exercise Revenue disappearing The market is poor anyway How you think the star players leaving helps matters when they are those that generate fees helps in a challenging market 6
Rumour mill is in overdrive that a further 250 offices are under threat Dont ignore the costs of getting rid of unwanted leases . You couldn't make it up .The BODS who have burned borowed money buying offices in now burning money closing them downow Further goodwill being eroded
This is one of the structural brackets holding my balcony on new build built by Linden Homes. They are all the same Still waiting for repairs. Unsafe and unusable the property is worthless. Massive failures by developers. 69 leaseholders held financial hostages because of Linden
No doubt more horror stories for @gallifordtry residents. I live in a #LindenHomes property with a roof held together with adhesive tape. @gallifordtry owe me £7350 and trying to get the money out of them - blood out of a stone. Absolute bunch of cheats
Jed The very fact you are actually asking that is concernig in itself CWD are part of a sector Two sides of the coin Events and management of change . Things change Substitute "research " for negativity However, sometimes the very best investments are those that you don't make !