In line with expectations. About as good as it gets I suppose. Dividend cut. No immediate cavalry on the horizon but the management IMO are doing a pretty good job of managing the situation they, the sector and indeed the country are in. I look forward (sort of) to the podcast.
Perhaps more worrying is the whole of the stock market. It looks like it could be turning into a full blown crisis. Hunts more socialist than capitalist as indeed are the majority of the incompetent Tories. His cutting of CG allowance is straight out of the socialists handbook and he says he is trying to help drive up investment. I see Arthur Laffer thinks hes a fool too |
I think over the last 18 months IBST has shown a fairly remarkable resilience. It bodes well if/when the upturn comes. I would have been worried about a Labour govt but they just surely CANT be any worse than the totally useless current incumbents. |
Closing the week at a 6 month high, didn't see that coming but I presume it reflects a tinge of optimism in the HB sector.
Another pound and I will be back in the blue.... |
Tipped by Midas |
Clearly you aren't ! |
Clearly you aren't ! |
I'm speechless! |
Im surprised that there have been no comments. |
bloody hell revenue - 21%. Tin hat day |
Yep - Wednesday I think it is |
TU next week , let us hope for some green shoots. |
Porsche
I suspect you could regret the PHNX - junk - comment. Hope so anyway - Ive bought quite a few recently so one of us will have egg on our faces. The 11% yield will help ease the pain if its on mine but so far the capital growth is fair too (though granted Im only a recent holder). Brave chap if you are still short imo.
I also bought a few more IBST last week. I have a bit of faith in them (medium term). Good co. and I hope to benefit from a change of sentiment in the housing market - they will. Not getting over excited by today's activity but it may - hopefully be a small sign that things are awakening. Certainly some positive sounds over the last few days. |
Ah the angry man is back, with complete certainty in what he writes.... |
Lower than they were 12 years ago…utter basket case U.K. capital destructive dross share like all the building related stuff….see 2008/2013 period for where that sector is going, had some great seriously profitable shorts on junk like Phnx and Psmn over last 12 months but missed this, gutted. |
In fact its a bit like shorting a stock. Profiting out of a company's demise. Its against the the whole raison d'etre of investing in a business. Or at least it was before the whole world turned into a mad house of hedge funds, private equity and asset strippers where profit is the only morality and purpose for existence |
Bought a small amount. |
edmund
Yep aware of that but its a strange world where some of us can celebrate the fact that there are higher numbers of people out of work because it makes us wealthier. |
scruff1, full employment means strong wage pressure and hiring difficulties. The economy needs a balance, especially with high inflation and record goverment debt. A rise in unemployment means lower wage pressure on inflation. |
Certainly is ch4. Even the Russia/Ukraine war isnt worth a mention currently it appears |
There is too much instability in the world right now. |
Not really reassuring. Basically treading water in the hope that things will improve - at some point in the future. Its beginning to look like the whole market is teetering on the edge imo. Bad as things are its hard to see where the improvement is going to come. When even unemployment is being seen as a positive we are in a twisted world |
No long term chart to look back on for even rough guidance. |
Don't like to see a share price drop ahead of a TU. Especially to an 8 yr low. |
Don't like to see a share price drop ahead of a TU. |
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