Member Info for stevebt

I think this will be lse top riser today.

Topher, This will be like shell and bp in 2020. A long hold but the returns will be worth it.

Probably a drop to allow the hedge funds to clear their shorts?

As easy as that, buy in watch the share rise then sell at the top. Simple’s, why don’t we all think of that.

Strictly, getting house back on par with 1992-2002 is totally different to modern times as in the 90’s it was still more expensive to buy than to rent and more rental properties were available.

I have said for a long time the government needs to bring in rent controls to stop these buy to let people pushing first time buyers out of the market. As rents are far more expensive than mortgages so in modern times most people are forced to buy. If rent controls were brought in and rents dropped below mortgages why would you rush to buy ?

I wonder what has caused the rise today, a nice surprise.

I really expected an RNS today after the recent rise.

Howaboutthatthen, I pleased I topped my isa up on the 6th at £12.20

There was no drop as I’m set to buy a load. Can they do this??

https://www.britishbulls.com/m/SignalPage.aspx?lang=en&Ticker=PSN.L

Nothing but rises, I have also been told Psn are gearing up for more work. Wether that is just for the June handovers I’m not sure but I will know by July if the busy period is going to continue for the rest of the year.

https://www.thisismoney.co.uk/money/mortgageshome/article-11937401/House-prices-rise-4-1-12-months-says-Zoopla.html

https://www.thisismoney.co.uk/money/mortgageshome/article-11945211/House-prices-ticked-slightly-March-average-property-adding-2-000-says-Halifax.html

https://www.thisismoney.co.uk/money/mortgageshome/article-11939519/How-exodus-landlords-forcing-renters-live-Airbnbs.html

Normbeef, Not bad timing as a million will set you back about £5k now.

Well that’s my capital gains limit maxed out for the year. I still have a little bit of capital gains loss from the sale of psn today but I think I may use that to get my tax down instead of using to trade something this year.

If you bought and held this share in the last three years you will be down unless you bought recently when it was 0.39p

Boxythefox, if you hold a short and ex day is due if you don’t close the short you owe the lender the dividend money.

No one can tell what will happen to recovery prices after the ex day drop but there is still three funds with a short on Psn and they were placed around the £12.60 mark so they must still be expecting a drop?
It’s guess work as to what will happen but some of the funds who chart have a better guess rate.

I wonder if the share will drop tomorrow as its the first day of the year to move new money into your isa.
The £6k capital gains limit is a bit bad as I won’t go over that as I’m not paying tax and I should max mine out tomorrow.
Here’s hoping for in the £11’s tomorrow as I can transfer more shares over into my isa and I’m selling some other share and buying more Psn while it’s still cheap.

Persimmon aren’t completing many unsold plots, they may build the shell up to roof height but most of the other 1st fix trades after that have been slowed down. There is an obvious amount of less sales so far in this quarter but there’s nothing to say once people adapt to the new mortgage rate that sales won’t pick up. They already had commitments to build for first two quarters so will need to see how well it picks up from July onwards.

I think once a new dividend strategy is announced for 2023 it may help the share but it’s obvious the interim dividend will be low due to first half sales?

Drrunner, If that’s the case can you not hold off selling till the 7th April as I have a big order to settle on the 6th. :-)

Final 60p dividend was to clear 2022 accounts, There is no mention any where on what the new dividend will be moving forward in 2023. Anyone who says what it is is either lying or guessing!