Ash4781 Posted August 3, 2011 Share Posted August 3, 2011 Out today. Seem to show flat sales prices and falling sales volumes and outlook broadly stable. Quote Link to comment Share on other sites More sharing options...
Ash4781 Posted August 3, 2011 Author Share Posted August 3, 2011 Though where are we in the economic cycle? Is the economy starting to slow? Quote Link to comment Share on other sites More sharing options...
retz Posted August 3, 2011 Share Posted August 3, 2011 They are still building where I live. Houses seem to be selling for the markup from what I gather. Although one of the their sales ladies told me they were having trouble shifting the 4/5 bedroom properties. Quote Link to comment Share on other sites More sharing options...
LetsGetReadyToTumble Posted August 3, 2011 Share Posted August 3, 2011 Out today. Seem to show flat sales prices and falling sales volumes and outlook broadly stable. They don't mention their massive debts and ability to pay. I believe they have already rearranged the debt structure once with their bankers. With such low volumes, their debt could become a real problem. I see their share price remains weak. I hope they go bust. They build small, cloned houses with no local flavour and hold us to ransom by charging megabucks. This is monopolization. Surely it's an unfair practise. Quote Link to comment Share on other sites More sharing options...
Fishbone Glover Posted August 3, 2011 Share Posted August 3, 2011 They are still building where I live. Houses seem to be selling for the markup from what I gather. Although one of the their sales ladies told me they were having trouble shifting the 4/5 bedroom properties. That's pretty much the impression I get in my part of the South West. I, mistakenly, went to look at some new houses a while back and I get texts from them every now and again, and all offers so far have been on 4 bedroom places. I'd never buy one though, they're tiny and massively overpriced. Quote Link to comment Share on other sites More sharing options...
catmandu Posted August 3, 2011 Share Posted August 3, 2011 From the sites I've seen, they seem to be quite a bit cheaper than competitors (haven't done a careful comparison of sq m etc but that was my general impression). Quote Link to comment Share on other sites More sharing options...
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