Member Info for Taverham

i think the headline cash offer looks very low for a company that consists of amec, foster wheeler and wood. admittedly there is debt but the engineering expertise is world class even if the bod and the finance dept is ****e.

Asimple , you are doing a diservice to Richard Tice- unlike most politicians he has run a business and so what if his party's policies will make life harder for him to make money - that is to be admired not derided. Ultimately you will need to make a choice at the enxt election and you might find that hard.

As I read things , this 'loss' of profit is a one off. Moreover it is US only and that division was relatively small until recently. Assuming they explain it as such we will be back above £10. I have added 3 times today already.

@Bamps, it is clear from your summary of the future that Greatland will not need anything from red Setter but should there prove to be a commercially viable resource there , then would that potentially be any detriment to GGP? Also in your view , at what stage will they know whether they can 'go it alone'?

Finally, do you think their success generally improves sentiment for the region?

Great post @Asimple . So if we have a system , where I buy a house in the next couple of months and pay sdlt but then in say 3 years decide to sell up and move , I then pay a further 1% on its sale value , but if i stayed put for 5 years that 1% would be reduced?

Surely that makes no sense - to be fair if someone, like myself is about to pay 1% [roughly] sdlt on purchase now I ought to be exempt from the new tax for 5 or 10 years , as I have already paid?

did the think tank think about that?

Kirsty Allsop said somewhere; 'she should stop flying kites as it is damaging the market'. Spot on. We have already had, removal of stamp duty averaging when you buy more than a single property, second home buyer stamp duty increase, increased council tax for second homes in some areas, increased council tax for empty homes and 5% general council tax increases. Add to that list the following options being considered;

1. Increase in council tax bands i.e above 'H'

2. Increase in council tax rates in south of england

3. CGT on primary residence above a certain value - this is a tax on inflation ffs.

4. Annual levy on properties above £500k

And to cap it all, as the gilt market rates are now way above Liz Truss' disastrous levels mortgages will be going up.

All of that means slumping house sales- simple.

CPI doesn't include council tax or owner occupier costs hence RPI is a better measure and it is 4.8%

Divi lifted was the bright spot for me - rest was OK .

RPI now 4.8% wow and they cut interest rates last meeting in a desperate attempt to help our failing overnment

@triumph - correct it is pure equity but not really a downsize as my wife wanted some land - which I didn't, as it happens.

@Asimple, almost correct.The house we sold was significantly more than the figure you suggest. Cash split and went into bank accounts in my name and my wifes and the interest I recieved, added to my other income push me to the figure you have calculated.

One example of how this government is shooting itself in the foot is ourselves. We sold up and moved into rented 2 years ago because my wife wanted a different sort of property and have now found that house, offer accepted. But just as the legal work is starting we hear about the genius property tax and are now seriously thinking of moving overseas. That's a big decision BUT why would we pay amount of stamp duty , only to be hit witha property tax shortly after? Lots of others will now be revisiting their property plans,even if they had already swallowed the IHT issues. If the government lose me overseas, i won't be paying the £38k income tax i paid last year or the sixfigure Stamp duty I am about to pay, and I am one of thousands.

Asimple,listening to Jane Foley on R4 around 618 am the property tax is quite different. The idea is an annual charge of 0.81% , i.e £4050 pa on a £500k property , which is the min people pay for a 2 bed victorian terrace , wher I live in Oxford. Of course many larger properties , currently occupied by widows or widowers valued at around £1.5m , will find themselves paying £12k p.a. i.e 1.5X the state pension, on top of the £5k annual council tax. So those demographic will likely sell up. The consequence will be a dynamic market where house prices fall to the levels enjoyed in france imho.

Target raised to 100p by deutche bank

RNS is a bit dull but increasing cash returns by 40% to shareholders might lift sp a few pence.

If WSBN have success then GGP can only benefit as they will need a processing plant and that could provide opportunities. If they go their own way , having another miner nearby will help in all sorts of ways with the supply chain imv. So good news here too.

It dipped so I added. Might take a few days/weeks before the market sees this the way I do.

This could easily become another Greatland and as it is only 15kms from their processing plant it doesn't need a huge deposit to be economically viable. I have bought in today and if it dips will add.

@Sageman, I don't think spedie is ramping gold - noone on here will have the slightest effect on POG whatever they say. Speedie is an enthusiast and nothing more imv. His posts like yours are always worth a read.

Two stocks worth a look imv - Wizz - will benefit from peace deal in ukraine and lower oil price - look for a quick in and out.

JD Sports - growth company but the market is overlooking that because in last couple of years cash flows have gone on acquistions - could easily double within 12 months. DYOR folks.