Member Info for Wiscos

All the brokers are a joke. To cut a price in half in one go is laughable, if it wasn't also ridiculous. All the brokers have hidden agendas. Ignore them. They have been proven to be wrong most of the time anyway.

All the brokers are totally hopeless. Nuts.

25.7p per share I think. On top of the interim dividend. Hard to believe the sp has dropped. Certainly nothing to do with the results!

Share buyback normal when sp depressed. Your comment makes little sense. Running a business is rather more involved than following a single mantra.

Hardly surprising results, but given the sp and improving outlook now that Saint Liz is saving us all, hoping this will recover a bit! And the rest of the sector!

Porsche chap consistently spouts negativity throughout these boards.

Bellway update positive for PSN and others, reflected in today's gains. Long way to go!

Mind you, Barratt was about 800p and for a long while over 600p. Persimmon was over £30 and well over £25 before the Covid crash. So hardly expensive now given house prices have risen in line with build cost. Nice rise today but this is just a tease and the message with these dividend rates has to be hold, hold, hold!

Agreed!

Ha ha! Not following my prediction so far! Hilarious. Wish I had some cash to invest!

Taylor Wimpey decent results this morning, with div up 12% ish. If there's any sense in the sp it should rise substantially today along all other builders (especially after yesterday's major falls).

Hello Upomega, I've been learning from my mistakes investing over the past 4 years now, and have made some dreadful mistakes. I go think you should be taking a longer term view... This share is cheap! Even if the dividends stay the same despite inflation, the yield is still fantastic and the company is unlikely to fail. Debt is zero and sp should rise over time. Who cares if the dividends are skewed a bit? You can always do some selling and buying back to convert income to capital. Anyway, selling every time a share drops a little is a sure fire path to disaster and exactly what the bots are trying to make you react to. Good luck! I bought a bit more today (and Barrett too).

Lovely rise recently from the ridiculous lows and as we get closer to next xd. Anyone know why property went so well yesterday (probably because interest rates less likely to go much higher), but then pulled back?

Another good week. I think those who have been lowering the price now see a nice rise as being more useful as they unwind shorts and watch profits roll in in their long positions. Rather pathetic but there you go. I'm still sitting in a paper loss but a year and a half's divs cover that and that's before any further sp rise. Even if the sp only rises with inflation from its current low point this is a fantastic share to hold. Interest rates increasingly unlikely to rise much.

Neither newspapers nor brokers can be trusted an inch. Private investors are fleeced every which way but if you stick to sensible principles and ignore the idiocy of broker estimates / forecasts or moronic journalists who are 23 years old with 1 gcse then all will be well. And remember - patience is key!

Nice move up over the last week or so. Barratt update / dividend declaration likely to be next catalyst IMHO other than the PM stuff. I think Truss would probably lead to a little bounce if she sticks to the Corporation tax commitment.

Interest rates aren't going to go much beyond 2-3%. Why? Government can't afford it (and neither can many other governments around the world), inflation will come down quickly next year or the world will end in a nuclear inferno, and with likely recession / depression the interest rates will plummet again to near zero. House rents are crazily high which is the main thing that supports house sale prices. This goldmine will look like oil shares in a year - a big bounceback from a seemingly terrible position.

Looks like I scared a few off! Ho ho! Nice rise... Rather a long way to go...

Agreed. Useless unprincipled crooks with kids doing the analysis and learning tricks rather than proper analytical tools. These shares (and there are many in the UK) will either be snapped up at discounts by private equity or will recover. The markets are - sadly - rigged to an extent I don't remember since before Big Bang...

Can't drop for ever if paying a healthy dividend. Insurance premiums will obviously rise so a great medium term investment. Really is time shorting was banned. What useful function does it fulfilling other than destroying companies and stealing shareholder value and giving it to greedy hedge funds?