Finance Bods, Taylor Wimpey?
Discussion
or the absolute high of over £5 back when taylor woodrow merged with george wimpey in 2007...
they are very close to collapse at the moment and it has been a slow demise. back in the summer, they were fluctuating by 10-30p a day and there were gains to be had there. right now, you would be in it for the long run if you bought, rather than a short term gain, unless you have big melons...
they are very close to collapse at the moment and it has been a slow demise. back in the summer, they were fluctuating by 10-30p a day and there were gains to be had there. right now, you would be in it for the long run if you bought, rather than a short term gain, unless you have big melons...
As always, depends on your risk policy. There are some cheap housebuilders out there at the moment and no doubt some of them are good value. Persimmon has again lost ground today and yet has what would appear a better structure, management board and less exposure than some of its rivals. I bought in before when they were first hammered down and bottled and got out entirely again when they rose from my buy in at 220 to 350 ish. They are now back to 223.5 buy. I am minded to go back in and hold longer term.
The banking sector is where I have been dabbling recently and friday finally had the courage to buy into Lloyds. Today it reached 22% gain and I'll probably kick myself for not getting out.
As usual, case of sorting the wheat from the chaff and finding businesses that have been unfairly grouped in a falling sector. It served me well sifting through IT companies in the post millenium IT stock crash where there were some strong contenders hidden amongst a lot of pie in the sky forecasted turnover IT start-ups.
The banking sector is where I have been dabbling recently and friday finally had the courage to buy into Lloyds. Today it reached 22% gain and I'll probably kick myself for not getting out.
As usual, case of sorting the wheat from the chaff and finding businesses that have been unfairly grouped in a falling sector. It served me well sifting through IT companies in the post millenium IT stock crash where there were some strong contenders hidden amongst a lot of pie in the sky forecasted turnover IT start-ups.
t debt recovery plan. Up to you really, are you feeling brave?Fairly large well known and respected builder near me (Hurstwood's) just gone under a few weeks ago......They had a large new retail park 90% built in Rawtenstall near Burnley..with Subway, Argos, Homebase waiting to come in....The place now looks like an unfinished building site..and these retailers have decided to pull out....perhaps they were glad really in view of current trading conditions...
Fully expect it to be an eyesore for months if not years.........
Fully expect it to be an eyesore for months if not years.........
Word on the ground is that the banks will be pulling the plug immediately after Christmas. 
Wacky Racer said:
Fairly large well known and respected builder near me (Hurstwood's) just gone under a few weeks ago......They had a large new retail park 90% built in Rawtenstall near Burnley..with Subway, Argos, Homebase waiting to come in....The place now looks like an unfinished building site..and these retailers have decided to pull out....perhaps they were glad really in view of current trading conditions...
Fully expect it to be an eyesore for months if not years.........
You must be fairly local to me. I imagine Homebase etc are breathing a massive sigh of relief right now. Subway have opened up at the petrol station on Burnley Rd so it's not all bad newsFully expect it to be an eyesore for months if not years.........
I was talking to someone earlier today indirectly linked to the Hurstwood group & they said its an absolute mess. Apparently a lot of the 'turnover' was just money being shifted from one part of the group to another.....
Gassing Station | The Pie & Piston Archive | Top of Page | What's New | My Stuff