Member Info for stevebt

~" Double your money in 12-24 months sir."

As simple as that, it's wonder everyone isn't doing it.

I still think tomorrow will be a positive rns but I expect the share to drop as that’s how markets react to good news in todays climate.

Yes

There is no way on earth 1.5m homes are being built in the next five years. There isn’t enough.skilled workers. If they drop their figure down to 1m it may be more realistic?

Just been told today that the site I’m mostly on has 112 houses to do this year and all I’m hearing is about the amount of houses that are being built on sites within a 30mile radius

We will be ok as we are keep being told we have a special relationship with America.

Trump will add big tariffs on the uk and its Starmers fault for the election interference. Fair enough if they weren’t in power at the time but for a running government to admit it’s ok to interfere with another country’s election is very bad.

Chid, AI would be good at replacing MPs as decisions would be based on merit and not how good it makes them look.

Another option would be to outsource the mp’s jobs just as they do with britains workforce. We could drag them all together and tell them “. We are deciding to lay th off as we have found some people that can lie to us much cheaper in India”

According to one of Reeves ministers “she needs another six months “.

I wonder how bad we will be in that time, I did think the way gilts are going the government would change its direction but they are too arrogant to do that and prefer to crash the country!

It’s probably within the rules!

How can AI supercharge the economy when most jobs are manual labour, How is AI going to help those?

Yawnnnnnn!!

I don’t think it matters if it’s a positive rns as usually a firm give a trading statement and the market crashes its share.

People who were buying in at 0.09p and thinking they had a bargain and were even hyping the share don't seem to hype it anymore and are still at a good loss from that so called cheap price.

I'm expecting a placing but its a question of do you buy more when it happens??

Christofer I'm not far behind you as mine has droppped £92k and like yourself I did want to put a good lumper in BP and CARD. It will recover but who knows when??

GGG, I have only been buying shares since the start of covid but have followed Psn share for years as I work for them and the lads keep telling me ad they are all in the share scheme.

In 2008 Psn share crashed to £2.20 and I only noticed TW when it was around 25p, considering Tw was £4 peak before 2008 you would of thought TW would progress to that figure again but as far as I’m aware they did rights issues which brought their value down. Psn share rose far quicker than all the other house builders and I expect it may happen again.

From doing customer care for Psn I hear lots of complaints from clients about the houses but the one constant seems to be is that the houses from Psn are on average £40k cheaper than the rest.

It seems more likely that a builder with those savings will eventually out perform the rest?

GGG, I never expected the last drop to £9 and certainly didn’t expect this one but I see no reason why it won’t drop into the £9’s again the way the share is going. How ever if you’re holding for a lot of years a punt at today’s prices won’t hurt as long as you can handle a further drop.

House prices aren’t going down yet and people still need houses, once the banks allow people to borrow properly the share should progress.

I had hoped for £25 in two years time but I think that’s a bit of a dream now but it will go over that figure the question is how long??

I’m doing customer care today so have no way of asking what the new boiler regs are but can find out tomorrow, I very much doubt Psn will fit heat pumps as if they have to I presume they will go back to a tank in the loft system as they used it for years before switching to combi’s .

I personally haven’t seen the new spec design as it’s only just appeared and I haven’t been in any of the shells where they are fitted but I know it’s what their new spec will be.

Oops forgot, Crossley I hope you and your family had a great Christmas as well 😀

Psn had a mental Christmas hand over period as compared to last year and the site I’m on mainly has 72 houses so far to get completed for this year. It would not suprise me if Psn has pushed past its 11k target for homes for the year.

Psn are selling a lot to social housing companies and since they are spending millions they get huge discounts but it’s what anyone would expect.

The new spec for heating is already out in some of the houses and it still looks like a combi boiler system but it’s more environmental on reusing water.

The good thing with modern houses is they are well insulated so are hot all the time.

I haven’t spoken to sales in a while but a year ago sites were grinding to a halt and they aren’t now. It’s quiet at moment but that’s usual for January as they have been concentrating more on handovers for the Christmas period.

Roofer said “. If this gets back to 2£ I'll eat "Her indoors”. “.

A bit too much information!