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InterimsFinalsAGM / EGM CAL : Capital & Regional CAW : Carrwood EST : Eastern European Trust TFC : Trafficmaster WHY : White Young GreenEconomic		Market Closed Economic 1.30pm BST Core PPI May exp 0.20% 1.30pm BST PPI May exp 0.50% 1.30pm BST Trade Balance Apr exp -$45.0B 2.45pm BST Mich Sentiment-Prel. Jun exp 92		EconomicSP: 08.00 CPI (May) +1.4% (+2.7%) +0.6% (+3.4%) EU-12: 10.00 Current Account (Q1) 18.5bn IRL: 11.00 CPI (May) +0.4% (+1.4%) +0.3% (+1.8%) IRL: 11.00 Industrial Production (April Early est) +1.9% (+5.9%) -1.0% (+4.5%)

Big Al

long a housebuilder day after interest rates go up - bit contrarian ?

Morning all

Zarif - we took it in turns! Had to have a lie in I was exhausted.

A very well done on your trade.

Fundamentalist - purely speculative intraday L2 play. Unfortunately, sell bot still there - thought it had cleared. Watching closely, but could lob for only minor loss. Looking round the sector, prices being held up depsite +0.25% Don't believe it'll last longer term.

amberjane, I'm afraid its afternoon not morning! Nice to see you up and about.

amber - remember CAN? It's not you buying and making it go up?

Oh s... is it, I wondered where half my life was going!!!!

Afternoon LW & all. :>)

Al

Longer term the one with real value to me is MCTY. Very strong fundamentally, been making share buy backs, higher margins, higher ROCE, gain planning easier, less susceptible to interest rate rises, little competition in retirement market, aging population, likely takeover target for Persimmon etc etc. Looking for a retrace to 480-500 (hopefully) before buying in the ISA.

Nope no funds at present but I bet your pleased, in profit yet?

Fundy

Was thinking of ditching Bovis for MCTY for same thoughts, aging pop etc. Any long term thoughts on BVS?

Amber

Bovis from the dealings I have had with them are a well run company with a pretty solid land bank. they are currently one of the mid sized companies who are not quite big enough but dont want to be taken over. for a while it had been perceived within the industry that they and Redrow would merge to enable them to compete in size with Persimmon, Barratts and Taylor Woodrow. The industry is quiet currently but there is more consolidation to come and i wouldnt be surprised to see Bovis involved. I will have a look at the fundamentals later and post some more thoughts.

Fundie - never looked at MCTY before.

Never been much good at picking things on numbers; purely TA for me and intraday stuff playing with the spread.

Thank you kindly sir, which I guess means if I want to buy MCTY I will have to release some more funds, rather then sell BVS

BigAl - see you got me into trouble last night...and I was only trying to be truthful!*? Shame u live so far away, I want to learn that intraday stuffy....

very quite day,when the market goes sideways you cant make money :-(

looking for a long on BDEV when the spread narrows!!!

amberjane - LOL

As regards intraday, all you can do is watch others or get on a course. If you're interested it might be worth hanging around the Traders' Room threads.

MB - nothing sideways here m8.

Al when r u away again on the rigs??

MB - funnily enough, boss jusr rang and said maybe US in a week or so.

Closed RR. short +5. ;-) Getting a bit sideways and weekend approaches. Donw well for a couple of days.

Finally CTM is dropping. Theres been a 15000 & 25000 buy @ 86 that kept getting replaced everytime it was filled. No more...... hence the drop

LW why are you wanting it to drop?

Afternoon all