Member Info for stevebt

Well i'm happy with todays rise as mine has went up abut £10k since yesterday. I asked Chatgpt what was causing the rise and it can't find anything apart from say sentiment has changed so are we nearing a sell point before anpother drop??

Forgot to say that if they did this people would have to start submitting tax returns to reclaim interest similar to self employed people and it would totally end cash in hand work on properties as everyone want a receipt to claim back in future

Stanley, How can they implement this as it will be hugely unfair to private buyers! Social housing or buy to let people will be claiming for interest payments and repairs.

Say you buy a house at £250k and put a £50k deposit down, If you sell your house in 20years and it’s sold for £500k do you pay capital gains on the extra £250k which isn’t a real figure. In reality with interest added the cost of the house would be about £430k then that’s not allowing for any repairs or upgrades to the property.

In reality there would be very little to tax.

Don’t worry as labour said at the last budget they wouldn’t be coming back for more in November.

If I was you I would just sit on your cash for a better drop, surely the amount kintbury have on a short in here will come to a point where they can exit and not loose any money so I would sit and wait until they start reducing their short. They will be looking for low £10’s so it’s a good buy in point with your money.

If it drops low enough are you putting your money back in here or in Wimpey for a much bigger dividend? I would of bought more Wimpey shares if I knew nothing would happen to the dividend next year.

Well if he thinks he should be sacked if he doesn’t meet the target you may as well say he’s gone now. I reckon it will be

Missed by around a third as if we were only managing 230k a year and production is dropping? They may even struggle to get to even 1mn homes over their term.

If by aggregated you mean hardcore etc most of the builders are using their own ad in crushed bricks etc, I know for a fact persimmon have crushing machines for this exact purpose.

All cements are ordered in ready mixed so it’s doubtful Tilcon or who ever is supplying the mortar will be using your friends supply chains.

The people doing the short will have a few past dividend payments to make

Nothng wrong with buying on ex day as you get the dividend that day in the discounted share price. I was tempted to sell a load today in anticipation for tomorrows drop. For how much the share has already dropped since this morning I wish I had of just pressed the sell button.

“Putting more money in peoples pockets,”. The governments

I did lots of customer care for persimmon home and constantly heard people complaing about them usig cheaper materials but a comparablle large 4 bedroom semi is at least £150k cheaper than say Story homes or Millers. Its like complainging your ford focus isn't as nice as your 7 series BMW..

Then there is the usual comment " I have put my life savings into the house"" cause no one else puts most of their savings into their property!

I do a lot of customer care in all the builders and the majority of complaints about sub standard work are really petty. I keep telling people that houses are hand build but people expect machine quality finishes which is just never going to happen.

The internet is responsible for a rise in complaints about everything and most people are just expecting compensation.

Just asked ChatGPT about unfilled gaps in Persimnmon from today’s range and it’s looking positive for no silly drops?

“My conclusion & caveats

• Conclusion: There is no strongly evident, large gap below £12 that looks like it’s still unfilled (at least on the daily chart).

• Caveats:

1. The resolution and scale of the chart may hide small gaps.”

I’d pick wimpey up to £1.80 then I’d bail and buy into Psn as in the long run Psn will go higher than wimpey.

They can’t manage to half the price of property as the land is still there so that would mean a house was free which just isn’t going to happen. If anything there may be a small drop but I even doubt that.

People always hope for big drops but it just isn’t going to happen even with a useless government, Sooner or later they will realise they need house growth due to all the businesses that work or supply goods is too big to ignore.

Would be nice to see £17 again, I think the way this country is going I’m going to have a long wait to see my hoped for £25 but I have plenty of time.

Price is due a drop next week as ex day is a week Thursday so it just depends on how much more than the dividend price the drop is?

They seriously have no idea what they are talking about, four years ago they had lloyds at being about 20p by now and BT was supposedly going to be 60P. If you're taking investment suggestion from them i dont think you will do well.

Uselessunvester, I thought the idea of a short was that you sold the shares then and there so they don’t own them anymore just the money they got for selling them. Add the 20o dividend in and that’s on average a pound a share loss at today’s prices.

Nothing to say it won’t drop further but it shows even the chartists get the timing wrong.