RE: Berkeley20 Jun 2018 10:46
But this is TW board not BKG. We all knew that the high profile property prices mainly in London were and are preventing sales and that effects profit. With the negative markets and the uncertainty with Brexit this has crippled BKG and some other high profile London builders as the interest is just not there for now, even the huge amount of foreign buyers have dropped especially in London.
BKG are one of the most interested company building very expensive properties in London so that's the reason for less sales and less profit. and that's old news. This has least effected TW with their sales in the SE and south well on target together with North of the Thames, TW can not build fast enough ATM and selling off plan too.
Great time to buy more at this price as far as I can see, I have, and if they fall lower I will have another punt and buy more.
So I for one am very content for the wait for recovery as it will happen sooner rather than later. Most House builders are down ATM. If you think its all doom and gloom with house builders why are you on this board ??? sell what you have and invest elsewhere, maybe Netflix as you seem to like them.