Sig Share Discussion Threads

[zho] 06/6/2021 12:24

Britain's construction sector is growing at its fastest rate in almost seven years amid a surge in residential work and commercial building.

The closely watched construction purchasing managers' index showed output growth in May hit the highest level since September 2014, at a reading of 64.2.

This was up from 61.6 in April, and the fourth consecutive month of construction growth – any reading above 50 indicates expansion.

[magpiecrow] 01/6/2021 12:58

Found 4,775 results:










Why delete all your posts unless the noose is tightening

[zho] 01/6/2021 07:42

Healthy looking TU from Wickes (WIX) this morning:

"Group Sales have continued to perform strongly, with total like for like growth in the 21 weeks to 22nd May 45.7% ahead year on year, 23.1% on a two year basis against the equivalent period in 2019."

[zho] 30/5/2021 14:19

Good news or bad?

"Travis Perkins Plc has told customers to prepare for higher prices of its building materials, the Times reported.

"The U.K. building-goods supplier expects cement prices to increase 15%, chipboard 10% and paint 5%, the Times said. The warning follows a Bank of England forecast that inflation will rise above its 2% target, breaching 2.5% by the end of the year before tailing off."

[bigbigdave] 29/5/2021 07:41

Don't see any chart resistance to 90p.

[zho] 28/5/2021 08:26

Yesterday's Uncrossing Trade was for 19.4 million shares (1.64% of the company) at 60.3p, followed by a late buy of 8.5 million (0.72%).

Possibly related to SHI's inclusion in the MSCI Index?

[its the oxman] 27/5/2021 22:47

Been a good recovery play so far, hopefully co has finally sorted itself out and plenty more to come.

[the juggler] 25/5/2021 10:10

Plenty of room here for another 50% rise in a relatively short time. It’s been a fantastic investment for me as I took the plunge at sub 20p last year. I have topped up twice since and I’m not disappointed.
It’s a good business and is supplying an essential product to the 5-star housebuilders across the UK.

[trinid2] 25/5/2021 09:30

Looking at the weekly,

I have a resistance line marked out @60 but the weekly looks like its about to smash it and go beyond !!

Looking good but patience is defo required

[ayl30] 25/5/2021 09:00

Always is, need some momentum to get over it. Patience!

[queenbreguet] 25/5/2021 08:56

Seems to be resistance at 60p

[hotchillideals] 22/5/2021 20:52

https://www.telegraph.co.uk/business/2021/05/22/builders-hit-brick-shortage-spiralling-prices/?WT.mc_id=tmgliveapp_androidshare_AxLpK7NXwT5J 

[hotchillideals] 22/5/2021 20:51

Builders hit by brick shortage and spiralling pricesIndustry insiders are reporting steep price increases, with cement costs as much as 30pc higherByOliver Gill, CHIEF BUSINESS CORRESPONDENT22 May 2021 • 6:00pmHomeowners are facing a rise in the cost of renovation projects as builders are hit by a shortage of bricks, timber and cement.Shortages of vital construction materials mean that the industry is facing the biggest rise in prices for two and a half decades.The price of timber has risen by more than 400pc over the last year, with copper almost doubling in price during the same period.Gareth Belsham from property developer Naismiths said: "Suppliers of key materials like steel and timber are struggling to keep up with surging demand and this is driving prices ever skyward."Britain is in the grip of a housebuilding boom as it emerges from the pandemic with the Bank of England predicting the economy will grow at its fastest rate since the Second World War. The Federation of Master Builders (FMB) said that more than nine in 10 of its members have repo8rted steep price increases, with cement prices as much as 30pc higher and 50pc for timber. The Office for National Statistics said on Friday that inflation in the construction industry is at its highest level since records began 25 years ago.Brian Berry, chief executive at the FMB, warned that the price increases risked hampering the sector's post-pandemic recovery.He said: "The steep rise in material prices is a particular concern for local builders. The issue is widespread, impacting timber, steel, plastic, insulation and cement, to name but a few."Global supply chain difficulties and high demand are causing longer lead-in times for projects. Consumers need to be aware that the cost of their building projects may change because of this pressure."

[bigbigdave] 20/5/2021 10:10

We are reigniting growth, through our expertise, service, and proximity. One of the key strategic pillars which helps us to deliver on this is building valuable partnerships. You can read more about how we’re doing that here

[ayl30] 19/5/2021 08:30

Things looking good for further price rise today, seems to have some momentum behind it on another wise down day

[bigbigdave] 18/5/2021 09:21

Breakout and next leg up on the chart

[zho] 18/5/2021 07:56

FORTerra ("a leading UK producer of manufactured masonry products") TU this morning:

"Stronger than expected trading in the first four months of the year" ....

"it is now anticipated that the Group's performance for the year will be materially ahead of the Board's previous expectations".

[peteret] 17/5/2021 16:20

Bought some more at 52.Load up before its 2 late.

[jc77777] 13/5/2021 16:37

Schools gone back.. he’s bullying other kids for 16p worth of pocket money

[bobbybullet] 12/5/2021 20:38

Haha. Glad he's gone

[claret dragon] 12/5/2021 19:08

Where's Thomas?

[hamhamham1] 12/5/2021 18:33

All good thanks, patience is the hardest bit, but give it a couple of years and it's easy money.

[skinny] 12/5/2021 12:11

RSI banging it's head on 80.

[zico01] 10/5/2021 09:04

Indeed an excellent start to the week.
Chart indicating a slight resistance at around 62p,then a gap up to 90p.The share price will start to move up a lot quicker once we've consolidated at around 62p.