Member Info for steve305

Could be mad.

or just down right foolish .

Your brave or very clever.

I presume you are one of those keyboard warriors that seem to be everywhere now a days.

i make that presumption based on the fact that you are obviously economically illiterate .

Although i am nicely in profit i am happy to hold for 2-3 years as most recessions are followed by an increase in the building sector.

the divi makes this a comfortable hold for me.

I am shocked at todays SP finish after what can only be described as excellent full year results.

but it appears that the BOD does not recognise that in the current financial situation that people are looking for income on their savings/investments.

by ignoring this the mr market has decided that there are better short term investments to be taken - ie guilts-bonds etc in fact almost anything .

if the BOD had given even a half a pence dividend the SP would have finished around the 40p mark today.

although i have great belief in this company i do believe that they have missed a trick today and even worse have allowed them selves to become a takeover target with the SP at such a pathetic low valuation.

I have took my second tranch today and doubled up so only one tranch left to invest if needed.

happy to just hold and take divi at these prices.

Too many people have been burnt by this stock and will never buy back in.

sentiment is a powerful indicator of a stocks projection .

and this is on a very negative decline.

so so many mountains to climb for this stock in the current climate that i cannot see a lot of sp. increase in the near future, and much better stocks available at this present time.

good luck i hope the divi is maintained for you as there is little else to look forward too in the next couple of years.

no offence meant to current investors just an honest opinion.

Amateur .

They also said back in november that everything was ok and the divi was safe.

can't believe a word they say.

Safest stock on the market imho more or less inflation proof.

With today's inflation figures out and the BOE interest rates set to keep rising times are going to get much tougher over the next 18 months. this can only mean more and more people will be needing the services of MONY.

the markets and the country are a mess but MONY is inflation proof in this environment a strong buy in my opinion.

What has happened to the buyback no buying at all for days ???

Having a go at £34 now not surprising as the future looks very promising for wtb.

can see me holding this for years .

Peel hunt- there job is not to drive the sp higher but to get as many shares for the money as possible, just as our job is to get them as cheap as possible.

in my opinion they are doing what they are being paid to do.

as for the amount they are buying well they can't buy what's not for sale can they.

The inevitable pullback finally happens always have to wean out the weeds. So that the garden can flourish ??

more likely he is sick of having to deal with the constant seesawing of the regulator ofcom.
and unions it must be like trying to push water uphill.

lol in fairness he/she was right as it did retreat about 5% but back up now and can only see it getting stronger as the year goes on.
ex divi soon but would not be surprised for it to recover that drop very quickly.

unhooked i understand your frustration but i do believe that you will see a rerating of this stock in the near future.
the progress of this company is being held back by the decline in the the overall negative sentiment to the house building sector this will change and lets face it the dividend is more than enough to keep share holders happy while they wait for the inevitable rerate of this stock. jmho

results were at the higher end of analysists estimates just as the company had stated.
and with the economy - interest rates- and inflation putting households under increasing pressure i can only see mony services being in more demand over the next 12-24 months.
in fact i used the sight only last week for my car insurance after being quoted a 28% increase on my policy with saga saved myself £200 happy days.

got my 3yrs renewal quote this week with no claims and the same car they quoted me a increase of 28% on my policy.
this led me to money supermarket where i got a quote with the AA at a 19% discount to the policy i have had for the last 3 yrs with saga.
i contacted saga to see what they were prepared to offer but they could not get within £200 of the AA quote. so its buy buy to saga from me . 28% increase !!! shocking.