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Source: Daily Mail, LondonAug.迷你倉價錢 14--IT is on the cards: all the latest data points to another UK housing boom. Mortgage lending to first-time buyers has hit its highest quarterly total since 2007, while the latest RICs housing survey has shot to its highest level since November 2006 with new buyer enquiries rising to a three-year high.Respected economist Howard Archer at Global Insight now expects house prices to rise by 3pc over the rest of 2013 and a whacking 7pc in 2014, all underpinned by new Bank of England governor Mark Carney's forecast that interest rates will remain at a rock bottom level of 0.5pc for another three years.Investors therefore looked at stocks which should benefit from a buoyant housing market. London-based residential developer Quintain Estates was popular and rose 4.25p to 92p. Management has forecast there will be a looming shortage of about 115,000 homes in London over the next five years and it proposes to help solve the problem.It plans to build 5,000 homes at Wembley and another 10,000 on Greenwich, its two biggest developments. Last month it secured planning permission on its GPRL joint venture to build 1,683 'high-end' flats at Peninsula Quays, the prime riverside site overlooking Canary Wharf. Quintain is targeting pounds sterling 650-950 per sq ft valuations.Panmure Gordon recently initiated coverage with a 104p price target. The broker says the stock offers investors exposure to London residential, commercial real estate development and investment at a significant discount to net asset value.Bulls held centre stage following news that UK inflation edged lower to 2.8pc from 2.9pc in July. It is still way off the Bank of England's target of 2pc but dealers are relaxed because inflation is now taking a backseat in deciding the Bank's monetary policy as it's now all about unemployment. The Footsie closed 37.6 points better at 6,611.94 and the FTSE 250 23.93 points higher at 15,100.82.Reflecting a firmer silver price Fresnillo rose 62p to 1165p. Insurance group Old Mutual cheapened 5.2p to 196.1p after NomuraCode downgraded to neutral from buy.Another day, another set of record results from Mears. Interim pre-tax profits rose 15pc to pounds sterling 15.5m on revenues 49pc higher at pounds sterling 457.8m. The dividend is hiked 9pc to 2.50p. The order book stands at a stonking pounds sterling 3.8bn, up from pounds sterling 2.7bn in 2012. Analysts forecast full-year profits of pounds sterling 36.6m on revenues of pounds sterling 900m.Chief executive David Miles said the integration of the Morrison social housing business is now substantially complete. The business is expected to m迷你倉庫ke a profit in the second-half. Broker Canaccord Genuity's target price is 490p compared with the closing price of 417.5p, down 12.75p, on profit-taking.Tony O'Reilly Junior's Irish oil explorer Providence Resources remained friendless at 355.25p, down 21.25p, despite news that JP Morgan Chase has increased its stake in the company to 9.04pc. The stock was trading above pounds sterling 7 last September.Toumaz, the pioneer in ultra-low power wireless semiconductor technology, added 0.5p to 4.25p following Monday night's BBC Horizon report on the growth and opportunities in the digital health and monitoring market.Heavy buying on rumours of an imminent upbeat drilling report on its Mexican lithium prospect lifted David Lenigas's Rare Earth Minerals 58pc to 0.1p. Highly speculative oil firm TomCo Energy firmed 0.13p to 1.35p. It has secured 2,919 acres in Utah that are known to contain substantial volumes of shale hydrocarbons. It plans to use the EcoShale technology, pioneered by US firm Red Leaf Resources, to unlock the projects potential. Watch this space.Disclosures that institutional investors Invesco and Abingworth have been increasing their holding in the stock helped ReNeuron edge up 0.1p to 4p.Chamberlin, which is engaged in the production and sale of iron castings, rose 5p to 81.5p after chairman Keith Butler-Wheelhouse bought 25,868 shares, increasing his shareholding to 1.1pc.Castings accelerated 28.5p to 443.5p on hearing that strong demand from UK and international car makers is keeping business buoyant at the engineering group. It supplies 80pc of its cast iron products to multi-national car and commercial vehicle manufacturers.After saying it is trading in line with expectations, educational services company Tribal put on 1.75p to 202.25p. Synthomer, the former Yule Catto which develops and markets polymers used in consumer products, rose 9.5p to 215.5p despite lower interim profits. Buyers took more notice of the 0.2p hike in the dividend to 2.4p.Pubs group Punch Taverns rose 0.62p to 13.38p on recovery hopes.---WORD is don't be short of InterQuest, rock steady at 72p. Next month's interim results are expected to exceed market expectations. The specialist IT recruitment firm has been trading strongly and has a proven and heavily incentivised management team. It also has astute shareholders on its share register including hedge fund manager David Newton of Helium Securities, entrepreneur Jim Mellon and small cap expert Giles Hargreave.Copyright: ___ (c)2013 Daily Mail (London, ) Visit the Daily Mail (London, ) at .dailymail.co.uk/home/index.html Distributed by MCT Information Services儲存
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