are property prices on the way down because blnd is showing a slide to the down side

telegraph reports

BRITISH LAND TARGETED BY ASIAN GROUP
British Land is a takeover target for a consortium of some of the richest families in the world. The group has contacted Credit Suisse bankers to prepare a possible bid for the property company which could total up to 10 billion pounds including debt. The consortium is believed to include Lakshmi Mittal and Abu Dhabi's ruling family, with British Land yet to receive an approach as the plan is still at an early stage. British Land reports its first-quarter results next week; its current share price values it at 4.1 billion pounds.

Luvely stuff.

Learn something new everyday in this business and rightly so, didnt realise you could have a triple top or a double top in a down trend market/chart but then again when you think about it if you can have an inverse head and shoulders on the tilt then why not any other chart pattern. Cheers PTH.

Lads have a gander at the chart for CAL Capital and Regional, bought in first thing, what a corker of a chart.

This whole sector is red hot Hammerson and Liberty looking horny aswell.

No thread for CAL yet but thought Id give it a quicky here....

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A bit of resistance to overcome short term...... but looka t the 3 year chart.

CAL is indeed an excellent chart, but only 31m cap and quite a wide spread ..... care needed ..... haven't checked EMS etc on L2 but will do if you want

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EMS is 10k and 4/6 MMs so at least reasonable choice even if not very liquid, but spread is 3/5p and may well be diff to trade inside that as volumes are pretty small

Cheers cyners.

These land and property stocks are boiling this morning.

Saw this coming even if I do say so myself.

he he nice.

Even managed +10 on a cheeky short - this sector should be good for some real intraday moves!

10p will barely cover your expenses, even if that 10p is nett gain and not just mid/mid or worse

Spread Bet!

so were you brave (or do i mean foolish) enough to short say 10,000 so that the profit is meaningful - always assuming you have now closed off?

Yes I have closed it - a tad early it would seem! Good volumes today on BLND and TW.

Anybody here holding Taylor Wimpey..??

Yes - in an ISA bought earlier in the year, sold half and took up the rights issue on the remainder.

I bought in a couple of weeks ago looking for the recovery ,however i can't help but think this market is starting to get ahead of itself .They looked a good long hold to me.

Hi Jimmy, yep Im holding tw.

Good day so far.

Been thinking the whole market is due a correction very soon but it seems to eeek out small gains each day. Been reducing position size and overall exposure.

Yanks all go away in september so we might have 10 fair days left until october but you never know with markets.

Hi GF ,not trying to be a doom and gloomer , i'm in quite a few at the moment ,it just seems to be too blue every day ,,anyway i'm nicely in profit if the market does turn .And you have to be "in it to win it".

for myself, in that sort of sector have bought BDEV, RDW and SVS ...... WOS is still a good bet too i think, but i have enough stuff for the moment

Cheers cynic ,I nearly bought BDEV a few months ago (wish i had now) ,,I'll check out the rest ..

To be honest, back in Feb/March it was a case of pin the tail on the donkey with the builders (with hindsight of course) :-)