Wolseley Share Discussion Threads

[oxfordrun] 20/6/2008 08:44

time for a bid....

[oxfordrun] 18/6/2008 21:09

and they are still spending!!!!

[oxfordrun] 18/6/2008 15:20

£2.00

[edjodav] 17/6/2008 22:14

this will hit £2.50 mark

[oxfordrun] 17/6/2008 22:07

cost cutting, ummm what exactly? all a bit too late imo

[oxfordrun] 11/6/2008 22:41

who would want to takeover and why!? wos are in the s..t, start selling assets boys it's the only way to keep the wolf at the door, watch and learn

[zimzoot] 11/6/2008 15:40

takeover....bail out :)

[oxfordrun] 11/6/2008 15:10

ooops...ripe for takeover

[zimzoot] 11/6/2008 14:54

Market Cap now size of debt

Will need a rights issue

target £2

[zimzoot] 11/6/2008 13:34

Builders are tanking....WOLSELEY to follow :)

[oxfordrun] 06/6/2008 17:16

and sell for me too

[zimzoot] 05/6/2008 10:24

no one...too much debt
may need a RI just to keep going

[kibes] 05/6/2008 08:53

'Wolseley asks advisors to help defend against takeover after share fall'

Is this a real possibility or is it just a bit of bravado trying to scare short sellers away and hold up the share price? Who would want to buy WOS in the current climate?

[zimzoot] 04/6/2008 12:22

Outlook worse by the day

[zimzoot] 02/6/2008 12:13

Mortgage approvals reach new low

The number of new mortgages being approved for house purchase hit a new low point in April, according to figures from the Bank of England.

Just 58,000 such mortgages were approved, the lowest since the Bank began reporting the figures in 1993.

That was 8% fewer than in March and nearly half the level of lending being approved a year ago.

Mortgage lending is expected to slump this year because of the credit crunch and a shortage of money to lend.

Knock-on effect

Both the Council of Mortgage Lenders, and the Royal Institution of Chartered Surveyors have warned that property sales this year would fall by between 35% and 40%.

However the Bank's figures suggest that the drop in transactions may be even greater than that, unless the market picks up towards the end of the year.

A collapse in transactions of this magnitude has major implications both for consumer spending and a wide range of ancillary industries

Simon Rubinsohn, Royal Institution of Chartered Surveyors

It is widely expected that the prices may fall by 10% or even more this year.

Simon Rubinsohn, the chief economist at RICS, warned that this downturn would have a big knock-on effect on the wider economy.

"Lenders are continuing to tighten up on the conditions accompanying new loans making it hard for first-time buyers to take advantage of the modest fall in house prices seen over the part few months," he said.

"A collapse in transactions of this magnitude has major implications both for consumer spending and a wide range of ancillary industries," he added.
Simon Rubinsohn, Royal Institution of Chartered Surveyors

[zimzoot] 30/5/2008 16:21

Panmure Gordon sell note target 4.00

[zimzoot] 30/5/2008 16:01

rise due to short closing

[oxfordrun] 28/5/2008 20:11

so where are the job cuts ?

[cerrito] 22/5/2008 09:53

For those of you who missed this:

[onehanded] 22/5/2008 07:41

Rumour of PSN putting a package to buy Bovis in the market last night, so if it opens down as it will, thinking of getting few on the rumour.

[bigbertie] 21/5/2008 21:30

at least they stopped acquisitions and cut capex at last - they have to run the company for cash for the time being IMHO