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nerble

Congratulations To Paragon...

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Paragon shares have now fallen more than 99% inside 12 months (5,010 to 50p) and 99.34% from peak.

Still, rents are increasing by 30%, according to a survey from, er, Paragon[e]. So their BTL lending looks secure.

linky

Edited by nerble

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It's like the old dot-bomb days again.

What goes around, comes around, according to the Gruniad. "QXL Ricardo shared equal billing with the likes of lastminute.com and Scoot.com as an internet wonderstock at the height of the internet boom. But financial gravity brought the online auctioneer down to earth as its performance failed to meet impossible expectations. QXL was the inaugural British member of the "99% club", named in tribute to web companies that shed 99% of their stockmarket value. In April 2000 it was a £2bn stock with a share price of 800p. Eight months later it was worth £62m at 6.5p."

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QXL was the inaugural British member of the "99% club"

Makes Bradford and Bingley look like they're not really trying at only 93.9 down from peak.

Are there any other recent members of the 99% club? Even Taylor Wimpey can only muster a 95.17 percenter from peak.

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That's goodbye to the BTL pom pom girls then.

Now there's a company I will see go under with pleasure.

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Makes Bradford and Bingley look like they're not really trying at only 93.9 down from peak.

Are there any other recent members of the 99% club? Even Taylor Wimpey can only muster a 95.17 percenter from peak.

I think BDEV are winning this one - 97.3% down from peak.

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  • 396 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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