Wolseley Share Discussion Threads

[cockneyrebel] 06/8/2008 11:11

Slicing their divi by 80% so WOS in good company.

CR

[cockneyrebel] 06/8/2008 11:09

Freddy Mac results just out - biog miss, saying property market to remain dire.

CR

[cockneyrebel] 06/8/2008 10:23

Have you listened to the conference call on the co's website? Sounds like an obituary imo - these have goyt massive poo to wade through still - banking covenants gonna get breached at some point and if they do sell parts of the business off they'll get beggar all for them.

CR

[oxfordrun] 05/8/2008 15:54

is it for sale ?

[trusty] 05/8/2008 14:04

Who would buy the US loss making division and why??? The shorters will return soon.

[oxfordrun] 31/7/2008 23:06

breach covenants will happen. then what?

[oxfordrun] 29/7/2008 19:01

anyone know which branches are closing in UK ?

[oxfordrun] 22/7/2008 20:33

closing 43 branches in france withh 400 job losses, and across the uk all get a wage increase,,thats life.

[tetris10] 22/7/2008 16:19

rights issue before sept 2.7billion in debt market conditions getting worse in oth the uk and mainland europe bad debts to come as builders go under margins under pressure branch closures redunddencies etc etc

will be lucky to survive

[oxfordrun] 22/7/2008 08:00

2 directors...it,s a start

[zimzoot] 22/7/2008 00:37

bear rally over...dow to tank ..

take your money and run :)

[adda] 21/7/2008 18:28

they may be in trouble but I fear you will get steamrollered in the short covering that is happening at present. I have just spent 3 days trading out of my shorts and it feels very squeezy.

[oxfordrun] 21/7/2008 16:50

why? apart from what we know so far

[lordwilson] 21/7/2008 16:12

these guys are in trouble

[spob] 20/7/2008 09:28

this what ?

[oxfordrun] 17/7/2008 22:10

and up but for how long

[oxfordrun] 17/7/2008 09:03

down and down

[lordwilson] 17/7/2008 05:35

Bad news coming from spain very soon another house price disaster .

[lordwilson] 16/7/2008 23:43

oxford run your on the mark , and anyone who thinks the US market will pick up soon is nuts , I live in manhattan half the time and everyone one of my contacts in the building industry here from washington to florida to the midwest is suffering . Re house prices because of the shortage and underbuild of the last ten years we will see a sharp correction when interest rates come down .

[oxfordrun] 16/7/2008 21:53

which leads on to a ripe market for build to let, if you can get the finance then build for local authority and sell to them, or stay put and diy time, whatever way wos are down and staying down.

[easytimes] 16/7/2008 21:41

estate agents in my area want sellers to reduce their offers to -30% from last year which is pretty crazy because you can't buy anything on offer that low that is like for like. The housing index is only down -6%. One estate agent has closed their offices the two that are left want drastic cuts in offers so that they can get a sale. Why sell if your mortgage is cheaper than renting (most are either small mortgages or paid up properties), rent prices have increased 10% in our area. Means it's just not worth selling unless you're desperate to move.