Member Info for Wiscos

At this rate interest rates will be on their way down again very soon...

I thought the idea was to sell and make capital gains!

Don't worry, your patience and faith will be rewarded.

Maybe they're trying to reduce profits?

What a load of b*llocks. Times are very different, high interest rates will not reduce inflation - they will reduce household cash so will effectively increase the squeeze. It is not the 1980s and - while there may be a halt to house price rises - the shortage of supply and high rents will encourage buyers for many years to come. Government may well extend house-buying schemes as these are relatively cheap vote winners.

This has to be a great buy at the moment just like oil was a year ago. A historic div yield of about 12% or do, no debt, plenty of cash, houses selling well, house prices up a good slug balancing out building costs, no obvious sign that houses will no longer sell. Yes, volumes may suffer due to staff shortages but they can slow down land purchases for a while, and yes, dividend might drop to £2 a share. Oh dear! Inflation as good for this sp in the medium term as any other. Current sp should be £30 but so much manipulation by hedge funds, Blackrock, venture capitalists etc. Take the divs, hold and wait. And buy more shares at this price if you can...

Increased my holding by 54% today. There's no reason for the recent drops other than general UK market drops, the miserable economic situation and the global precipice. Great time to send a few cards and a squidgy pig.

And, sadly, let's not forget that the UK stock market is being shunned almost universally and shorted excessively. At least it means dividend yields on UK stocks are very high (for now) and can fall a long way before I can't live off it!

While it's cheaper to buy than rent, I doubt that demand will fall off a cliff. And general inflation will help to keep house prices high.

Nasty drop this morning so I'm buying back a good chunk of what I sold the other day. Obviously the world is a total mess but this is cheap again so...

The share price is getting silly, so I've bought more (and Barratt) today. Just gonna sit on these now, and live off the dividends. These may drop a not but the reality is that people can't afford not to buy cheapish houses when rents are so high and inflation will reduce the pain of a mortgage relatively quickly. The idiots at the central banks are the biggest risk. Increasing interest rates at present just makes people and governments even poorer and reduces investment - won't stop energy prices or wage demands...

Probably because the sp has crashed. Suggests they think it's a local low. Which is good rather than bad...

I think there's a good lesson there. Blackrock regularly manipulates share prices (used to be illegal but regulators have teeth made of marshmallows - brains too). If they are buying and helping the price down separately it will surely Ho back up at some time. Patience! Just keep taking the dividend. Just about the only inflation busting return out there!

Me too, just not enough! Bought back a little bit too quickly bit still made more on the drop than from the dividend. Still - dividends are real cash!

High Street business down - increases mostly linked to travel and airports.

This share is a wonderful buy right now. Where else can you get any downside of sp covered by dividend over 12-18 months with expected returns over 2+ years being at least 15-20%. Ignore the idiots talking it down to a 20+% yield!

No idea what their game is, but I'm certainly buying back stuff I sold at about 62p.

Yes, the reappearance of Simes20 was rather timely. Prices dropping like nobody's business at the moment so I've bought a few more back!

HL always pays my dividends promptly. Is it in your income account. It's usually a monthly sweep to transfer to your designated account but you can transfer immediately using the website or by phoning them.

And the price dropped a lot more on Friday... Makes no sense!