Inland Homes Share Discussion Threads

[mallorca 9] 16/3/2020 14:32

QS99,

I will be sitting in the sun at every opportunity as I agree it can only help.

[qs99] 16/3/2020 13:13

mallorca, it is 8 degrees if you google it today in Madrid, so after your comment I think I'll beg to differ mate ......

[ekuuleus] 16/3/2020 11:41

with a number of deaths, the housing market may have spare capacity. House prices are substantially over valued compared to earnings. In addition, we may see an earning shock for those that survive so a double wammy for the housing sector.

Persimmion et al are VERY cyclical. Time to get my shorting account sorted.

BT et al are defensive and most of the dropped already cooked there. Can only see a 30% drop for BT from here but a 300% rise over next 3 years.

[spob] 16/3/2020 11:41

I think shell has too much debt

net liabilities are around 90 BILLION !

[crossing_the_rubicon] 16/3/2020 11:36

"It is a fact that the gov't are introducing emergency legislation tomorrow and these new powers will include the right to compulsory purchase land for mass burial sites. Legislation will also be introduced to speed up the time for funerals and cremations"

They'd better pay market rate.

[mallorca 9] 16/3/2020 11:34

QS99,

I so hope you're correct, although I know that you are not.

The warm weather doesn't seem to be helping them too much in Spain either.

[qs99] 16/3/2020 11:30

Sorry Mallorca, govt planning is for peak in April, maybe into May....summer months is a dip due to the warmer weather, wave 2 late in winter without a doubt IMO

[mallorca 9] 16/3/2020 11:28

Ekuuleus - thanks ,

BWM2 ….

I took a loss on Friday in selling INL …. about 20%.

I'll tell you what I've done with the proceeds so that I don't crystallise that loss …. I've bought Royal Dutch Shell.

It has fallen from £26 to today's £11 and I cannot possibly see Shell going bust.
When things recover , and they eventually will, I hope to make 100% plus on Shell and then come back to INL and see how that's looking.

[spob] 16/3/2020 11:25

bought back some more of my original holding this morning

47p

[mallorca 9] 16/3/2020 11:23

Guy's

I do not want to scaremonger ..

The facts are pretty consistant from country to country …

Circa 60% of the population will contract the virus,
1% of those will then die. Do the maths yourself.
I estimate circa 400k deaths in the UK and circa 1.8m deaths in the USA.
Trump will have to go into hiding from the mob that will be wanting to string him up.

It is a fact that the gov't are introducing emergency legislation tomorrow and these new powers will include the right to compulsory purchase land for mass burial sites. Legislation will also be introduced to speed up the time for funerals and cremations.

It is a fact that Italy is currently using churches to store bodies as the mortuaries are full.

The government is quite rightly pushing back to mass panic that will take place.

The peak months for deaths will be May, June July and August.

I am sorry but this IS all happening.

[skyship] 16/3/2020 11:13

Mallorca stated:

"There will be around 400k deaths in the UK."

That is just plain irresponsible scare-mongering - nothing more, nothing less.

There are c5000 deaths worldwide from Covid-19; and the new case rate in China & S.Korea has practically stopped completely.

The fear of course is that the disease might re-appear in Q4'20; but with every country working on a vaccine and human trials starting on a vaccine in the US just today; it has to be assumed/hoped that human resource and ingenuity will rapidly find the solution.

Clearly it has been right to sell everything as in a crash the good goes down with the bad; but talk of human carnage at that scale is just plain stupidity.

[bwm2] 16/3/2020 10:50

Mallorca9
With a heavy heart I sold on Friday as well

[spud] 16/3/2020 10:48

Currently more people have died of influenza than Coronavirus this year. Where are those headlines?

Just saying..

spud

[archie61] 16/3/2020 10:27

mally, i wouldn't believe too much what the mail on Sunday say!
I agree things will get worse though.

[muffster] 16/3/2020 10:12

Even cheaper debt to be offered to companies

[ekuuleus] 16/3/2020 09:53

mallorca 9 - I'm going to follow you. You are a star.

[spob] 16/3/2020 09:49

no matter how bad it seems right now

this is not a permanent situation

things will improve

the sun will shine again

and life will go on

[mallorca 9] 16/3/2020 09:46

spob,

all will soon be on lockdown.
The governments new emergency powers include compulsory land purchase for carrying out mass burials.
In Italy the bodies are piled up in churches as the mortuaries are full.
I don't think many get yet how bad this is.

[spob] 16/3/2020 09:41

most of those severly affected by corona will be retired

sad but true


most healthy working age people just suffer a horrible illness for a week or so and then recover

[mallorca 9] 16/3/2020 09:33

The problem is cashflow and workforce shortages.
This virus thing hasn't even got going yet.

There will be around 400k deaths in the UK.

[apatel21] 16/3/2020 09:30

Too much debtThis one could go bust if it gets really bad

[igbertsponk] 16/3/2020 09:03

£525k Cheap for Beaconsfield. INL are selling these without doing them up though.

[p1966] 14/3/2020 17:26

...and presumably dealings with housing associations (who have both the funds and a long term mandate) would be less affected?Again, good luck all.

[spud] 14/3/2020 16:38

I can't see why people would stop buying houses atm. Either way, good luck with yer future investments. spud