I only came back to the house builders from Bp as I decided to trade my full holding in Bp and wouldn’t you believe it .that’s when it kept rising, every other time it dropped the next day but not when I decided to try and make a bit more cash
Sticking with the house builders has been a bit of a dissapointment considering everything else i have been watching has bagged or nearly doubled. I think sitting collecting dividends isn't always the best way to invest.
“as the struggling oil giant faces intense pressure to improve financiaalso”
They are hardly struggling when they made. £2.4bn last quarter and are going to buy another £750m of their company back. To date as the company stands they have bought back at least a third of the company.
Gyttersnipe, since you seem to be well informed than the rest of us when is this recession going to start? That way we can sell out in time as you can’t be just spouting recession like what the papers do with nothing to back it up!
I sold a chunk of mine to put in Taylor wimpey as the dividend is 9%. I had the calculator out and if both Psn and Tw rise from this point the same way they did last year Tw will be slightly more money and that’s not including the better dividend.
Christofer, I thought you were all in on BP? This share will come good it’s just going to take longer than we thought for house builders to recover. I ain’t too bothered as I get just shy of £13k a year in dividends so I’ll just keep taking that till it recovers.
The whole 1.5m homes was always an impossible task as even if there were enough buyers there is definitely not enough skilled trades to compete the figure.
RE: UK inflation soaring again...22 Jul 2025 10:31
I know what will help fix it, constantly complaining about all the feck ups. Nothing can be done till the next general election so just buckle up and enjoy the ride.
They were saying in 2021 that come 2025 Lloyds share would be 30p, I wouldn’t take any notice of their predictions. They also predicted BT to be about 60p in this full year.
BP has held the drops of the last few months a lot longer than I was expecting, I originally thought it would be a quick rise up as they are still making billions a year!