Strange how all the trolls have gone very quiet today! |
As expected, the BoE cuts base rate by 0.25% |
Jugs,
Strange the village idiot 'Sikhthetech' hasn't answered your question, it's normally full of it's self, lol!
Imv, BoE will cut by 0.25bps today.
Do you know when the UK is going to suffer a house price crash?
Sikhthetech has been predicting a UK house price crash for over 6 years, lol, just lol! |
BoE interest rate meeting tomorrow |
Sikhthetech,
I qoute you...
"It doesn't cover the c£2m holding at 168p, does it?
30% down from 168p is c£600k loss 6% up on 200k is c£12k profit
Only c£588k down then." END.
Do I go into the detail like you? No, in no way whatsoever
I just told you to sell your dog TLY at 41p and 14p. You didn't listen and your dog went to 3.8p on the bid, lol! I don't know, nor do I care what your investment value is and at what price as you are an irrelevance.
Sikhthetech, Tell me, when is your each and every year for the last six year's UK house price crash going to happen, lol, just lol!
You are not credible. |
But it wasn't ever going to a pound was it?, I don't tell you about every purchase I make, why should I? considering my largest holding was purchased at 30-37p where does £1.50 come in exactly? your very forgetful old chap, I have told you before that my entire holding has been paid for from dividends alone, Tw owe me nothing & have cost me nothing, that is the benefit of holding shares long term & taking all the dividends. I haven't bought any shares over £1.50 for years,your memory is appalling I bet you wake up each day & ask yourself which shares your invested in???? I can assure you I do not have any other Id's, why would I need to when I'm always right? |
Jug, You're a multi-id BS and it has been proven many times.
You said you'll load up if share price goes under 100p, was bought all the way down from 170p, 10k at a time, 20k at 111p and then changed your post to 200k because you thought the share price had turned.
You obviously need 150p just to break even
Becky,
"tracking your every investment decision, lol! It's a pity it didn't listen to you or I regarding his dog TLY"
Hypocrite. So you're tracking my every investments. Web of lies and deceit.
chuckle sisters. |
Jugs,
Sikhthetech must love you... tracking your every investment decision, lol! It's a pity it didn't listen to you or I regarding his dog TLY, lol!
Well over 6 years on and the village idiot has consistently been wrong year after year, lol, just lol!
Sikhthetech is not credible. |
Jugears
"the current profit on these covers any loses on my small purchases below 1.50"
It doesn't cover the c£2m holding at 168p, does it?
30% down from 168p is c£600k loss 6% up on 200k is c£12k profit
Only c£588k down then.
If you going to post your holding then at least be consistent. |
I started with nothing & took over a near bankrupt family business. |
Not sure that you are in touch with reality bugs? Not everyone is fortunate enough to be born with 5 houses sitting outside and chronic ego issues just as a starting point in life. Where are the first time buyer deposits coming from for the new builds ? How do they save for a deposit when all of that goes out in rent |
why would anyone be grumpy I picked up 200k at 1.11 the current profit on these covers any loses on my small purchases below 1.50, not that there will be any loses for much longer IMEO |
168 to 118, so I appreciate there will be some grumpiness in the posts. GL tho |
Kreap, you must have a very boring life or a very ugly partner if this is all you do. I feel sorry for you! |
117p oh well. At least Feb and March is the best time to sell a house |
O/t So why don’t Americans vacate Hawaii, leave and give it up long term, go and resettle with strangers , so the hotels , houses, beaches and bars can be owned by those displaced by wars ? |
O/t So how you supposed to put some ladders up to clean your gutters if the neighbours have built a ground floor extension only leaving 50cm gap from the side wall of your house ? Can you apply to have them depopulated in such a scenario? |
Until we get a rate cut, which we may get this week, HB's are going nowhere.
The reason why they are building less is because they are not confident they can sell more in the current climate. The demand is there for sure, but affordability is the issue. How can some not get this simple fact?
When mortgage rates were at this level many years ago, house prices were a lot lower, so some were able to buy. However, wages have not kept pace in relation to house prices, so now it's a problem. Add in other costs going up due to high inflation and lenders criteria stricter now than ever, no help to buy, etc.
With unemployment rising, businesses closing down, it doesn't look good. This has all be said before and is the reason for the TW stock price.
More houses coming to market now too, which is likely to slow house prices too I'd have thought.
Any rate cuts and we may see a rally in the price here, but I see more poor economic news flow which will equally knock back the price too. |
Sicsy, & your point is what exactly? |
“ People will always buy houses but DEMAND is significantly lower due to affordability problems.”
Very true. Excellent foresight in advance of Crest results also. |
Jugears "Or perhaps the fact that it has had to double its provision for fire safety work in the last 6 months "
That's the problem which I and other bears have been posting. HBs need to save cash for unforeseen costs. Hence why TW's divi policy is flawed. Their cash will decline quickly if they continue paying divi at 7.5% of NAV.
sikhthetech - 11 Dec 2024 - 12:39:25 - 20194 of 21340 Cupra,
"People will still buy houses"
You miss the point entirely.
People will always buy houses but DEMAND is significantly lower due to affordability problems. The divi policy is flawed so cash will continue to decline.
sikhthetech - 28 Feb 2024 - 17:57:24 - 17557 of 20194 <...> The dividend was always going to be maintained. It's their dividend policy, which I believe is flawed. I see that as a risk as they should be preserving cash during hard times. Other HBs don't have the same rigid divi policy. |
Question for the village idiot, Sikhthetech...
Was the UK average house price in Octoer 2018 lower or higher than in October 2024?
You went short in October 2018 and lost your shirt! Lol, just lol |
Or perhaps the fact that it has had to double its provision for fire safety work in the last 6 months (circa 145 million) & substantial cost to complete a very troublesome site in Farnham?????? |