Housebuilder shares - Runts of the litter

chucky

Procrastinator333 wrote: »

I'm not posting this with the suggestion this indiciates house prices are going to fall or crash etc etc. Simply as a bit of reality to compare with other threads that give a totally manipulated view.

so you're having a tit for tat with Hamish just to see who has the better thread.

you guys need to get a room

Procrastinator333

Really2 wrote: »

They were 4p because that is what they were traded at so your comment no one purchased them was foolish.

If no one had purchased at 4p they would not be 4p.

Has silver gone up 825% in 18 months. I believe TW went to near 60p in that time 1500% increase.

But you seem to need to ramp silver so we know where your cash is.

Yes they were 4p and yes people bought them at 4p and they made a fortune - good for them.

But at that time they were not gambling on would the company outperformt he FTSE 250, they were gambling on would the company be there the next day. They gambled they won, good for them, but that is a reflection the company survived. The reflection on the long term prospects compared to other parts of the index comes from a comparison to the index itself.

Really2

Procrastinator333 wrote: »

If you pick the right time frame, It wouldn't surprise me if every single share outperforms the index it is in. Great.

I have just found this on Yahoo finance. Great for illustrating the point of this thread.

http://uk.finance.yahoo.com/echarts?s=TW.L#chart2:symbol=tw.l;range=5y;compare=^ftmc;indicator=volume;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Pull up each respective share, then use the comparison to see how they have all done over the last 5 years compared to the FTSE 250

They are dire.

I'm not posting this with the suggestion this indiciates house prices are going to fall or crash etc etc. Simply as a bit of reality to compare with other threads that give a totally manipulated view.

Are you just not selecting the time frame also?

Surely for any investor it is why and when you invested.
I kept tabs on TW since sept 2008. But of casue they would look dire over 3 or 5 years that is mid housing boom.

Really2

Procrastinator333 wrote: »

Yes they were 4p and yes people bought them at 4p and they made a fortune - good for them.

But at that time they were not gambling on would the company outperformt he FTSE 250, they were gambling on would the company be there the next day. They gambled they won, good for them, but that is a reflection the company survived. The reflection on the long term prospects compared to other parts of the index comes from a comparison to the index itself.

What are you trying to prove then? Share price is a reflection of the company and it's value.

Some go up some go down. I dare say 2009 saw building shares as some of the top performers of the ftse250.
Pre that most of these were FTSE 100.

chucky

Procrastinator333 wrote: »

The reflection on the long term prospects compared to other parts of the index comes from a comparison to the index itself.

errrr no... sorry but that's one dimensional thinking

answer this post and you're making progress...

chucky wrote: »

i'd love you to be able to explain why not...

can you include company capitilisation, yields, EPS, PE Ratios and even current turnover of these companies when you try to explain you're statement that you've just derived from a share price...

Procrastinator333

chucky wrote: »

i'd love you to be able to explain why not...

can you include company capitilisation, yields, EPS, PE Ratios and even current turnover of these companies when you try to explain you're statement that you've just derived from a share price...

The share price is derived from all those things. The price is a reflection of market sentiment towards the future of the company and the products it sells.

If anyone can be bothered to look up the number of shares over time though, please do, that may distort this, very true.

chucky

Procrastinator333 wrote: »

The share price is derived from all those things. The price is a reflection of market sentiment towards the future of the company and the products it sells.

If anyone can be bothered to look up the number of shares over time though, please do, that may distort this, very true.

again one dimensional - please carry on though.

i still don't get how you're making this assumption.

Procrastinator333 wrote: »

Not exactly a vote of confidence in the house building market.

choosing selective data is a big fail and sounds like you're trying very hard to convince people of something

Procrastinator333

chucky wrote: »

again one dimensional - please carry on though.

i still don't get how you're making this assumption.

choosing selective data is a big fail and sounds like you're trying very hard to convince people of something

How is it selective data? I haven't done all of these, but find any 1 month, 3 month, 6 month, 12 month, 3 year, 5year comparison with the index and I reckon in all of them housebuilder shares have done worse. I did 1 month, 1 year and you can all look at the comparisons for the rest.

Besides a few weeks where gambling on their survivial was a good bet, they have been trash compared to the rest of the index.

Also, why do you raise this objection on my thread and not on Hamish's? Oh, because this one isn't in line with your view. Jog on.

Procrastinator333

chucky wrote: »

i still don't get how you're making this assumption.

It isn't an assumption - The majority of the FTSE 250 has outperformed the house builders. If the markets had confidence in house builders they would have invested in them and driven up the price.

chucky

Procrastinator333 wrote: »

How is it selective data? I haven't done all of these, but find any 1 month, 3 month, 6 month, 12 month, 3 year, 5year comparison with the index and I reckon in all of them housebuilder shares have done worse. I did 1 month, 1 year and you can all look at the comparisons for the rest.

Besides a few weeks where gambling on their survivial was a good bet, they have been trash compared to the rest of the index.

Also, why do you raise this objection on my thread and not on Hamish's? Oh, because this one isn't in line with your view. Jog on.

ooohh - Hamish was right that you were rattled.
you even started your own thread...

there was no objection on Hamish's thread becuase he did say that the market liked the housebuilder's shares due to the budget (Fact) and not comparing it to the FTSE250 liek you've done it in your selective time-frame.

i actually thought that you knew your stuff but you're turning out to be like another mug punter. it's shame really.