Taylor Wimpey Share Discussion Threads

[jugears] 04/9/2018 22:11

Essen ,Talking to one of my contacts there last week Crest appear to be doing ok just like all of my other house building customers, I wish I could say the same about my construction customers as this market has died a death this year.

[essentialinvestor] 04/9/2018 21:12

The next Crest update will be interesting.

[jugears] 04/9/2018 21:10

dD Having supplied to Tw for years I can well assure you they know more than most what they are doing, be it in London or any where else, you very clearly do not know this company at all. & I can personally say from experience BKG are know better than TW.

[disneydonald] 04/9/2018 19:22

Hi Jugs, the only point I am trying to make is that Wimps are committed to Central London ( zone 1 and 2). RDW confirmed that they only have a handful of units in that area. BDEV are out. BKG still in as they are the most committed, and know what they are doing. Wimps just trying to build a specialist unit and started 4 years ago. Timings little unfortunate. They have no option other than to see it through and these sites are expensive. I am suggesting that the market is reserving judgement. In the long run I am sure they will be successful, however at the moment the market is marking them down. The biggest issue is general uncertainty, re you know what. Just need patience.

[clarky5150] 04/9/2018 17:35

A 20% drop since divi has to be considered a reversal really. I must admit I didn’t expect to see low 160s again. I know we are only tracking with other sector stock but surely investors can see how oversold TW currently is. The whole fear from prolonged uncertainty on Brexit is causing more damage than if the government had told the EU to shove their union up their ar$e from the get go.

[gbh2] 04/9/2018 16:17

I Filtered Taffy at a very early stage so I've never really missed him/her :)

Jugears, I'll buy more TW at 160 and then 155 should the share price continue falling, however I'll be looking to move on with a good 2/3 of my holding before Christmas, rebuild ca April, May 2019 if the market looks right.

[essentialinvestor] 04/9/2018 15:56

Redrow results read very well to me, not holding atm,
And it can't buck a hard sell off for the sector.

[jugears] 04/9/2018 15:54

gbh if I am lucky enough to buy for now @153p I will be happy with that, I also have made more money out of Tw than any other share I have owned. I also purchase PIC Just after the shares crashed but decided to sell when I had doubled my money. As for Taffee I think he is still lurking somewhere on here don't you ?

[gbh2] 04/9/2018 15:19

The chartists will be looking at a bottom of 153p if this closes below 165p today.

[gbh2] 04/9/2018 15:17

fwiw I've been in and out of TW nearly every year since 2008, I've sitting on a good profit, in fact the best profit I've made from any compamy's shares, other than from PIC in 2000.

But as I'm not trying to build a pension pot whether I buy or sell at the right time is simply a matter of self satisfaction.

[wfl1970] 04/9/2018 15:09

"The best asset an investor can have" is loads of spare cash to throw at TW as the share price continues to be sold down :))

:)

[wfl1970] 04/9/2018 15:08

"It really f---ks me off short term investors that panick about the slightest fall in a share price".

FYI Jug, I invested here back in early 2012. I sold out in May pre ex-div.

I didn't panic, I sold as I was happy with my return and collected dividends during that time.

In the meantime, I'll decide what to do regarding my next investment strategy, it won't be based on fear of missing out.

I hope your strategy works for you, I'm happy with mine.

[gbh2] 04/9/2018 15:07

"The best asset an investor can have" is loads of spare cash to throw at TW as the share price continues to be sold down :))

[gbh2] 04/9/2018 15:04

Yep we go back a while JUGEARS, however looking at the current share price I can't think why ;)


Edit: I heard taffy lost a fortune shorting Housebuilders and took up playing Monopoly instead of trading shares.

[wfl1970] 04/9/2018 14:58

"buyers/Investors don't go away they just sit & wait".

The best asset an investor can have is patience...

[jugears] 04/9/2018 14:56

Deuche Bank think there is a forty percent upside to Tw share price, Also Spanish home completions up 91% this year & Tw also want planning for extra homes on there Acton site. Tw sounds to me to be very undervalued & have bought more today as I am not sure how much lower this will go & certainly don't want to miss the boat at these levels as I have cash to invest that's earning nothing in the bank.

[jugears] 04/9/2018 14:38

Considering the amount of uk sites both Tw & Redrow have limited exposure to London & could both easily afford to discount properties to sell them should the need arise. Unlike say BKG who are very heavily committed to this area. Unfortunately you can not predict life & any down turn may not materialise ,It could just be that those buyers are sitting on the side lines waiting till after March to see what really happens & then there could be a mad rush to invest in London property again, IMHO buyers/Investors don't go away they just sit & wait.

[essentialinvestor] 04/9/2018 14:14

Unless I'm misreading the Redrow statement,
appears to say their remaining central London exposure is very limited.

[jugears] 04/9/2018 13:33

WFL every market has declined this year & shares always go down in the summer so your point is ? Shares never go up in a straight line, I have bought many shares over the years that have quickly increased in value then drifted back for a couple of years & then increased in value again thats LONG TERM INVESTING. It really f---ks me off short term investors that panick about the slightest fall in a share price,If you can't afford to invest or you haven't done your research then don't invest because sometimes you need a lot of balls to be an investor.

[jugears] 04/9/2018 13:21

Disney I have 5 sites on my central London List for Redrow & 8 for Wimpey Thats hardly committed.

[wfl1970] 04/9/2018 13:09

88%...12%...seriously!

Maybe it's the 20% decline since mid May that should be taken more seriously.

Where have all those gone expressing the fantastic yields of 8-9%... Whilst 20% is wiped off the capital in the meantime.

[jugears] 04/9/2018 13:08

gbh2- We must be the longest serving posters on this thread, Wonder if taffee is still around ?

[disneydonald] 04/9/2018 13:06

Jug, RDW are not CENTRAL London. That’s the difference. Wimps are committed to CENTRAL London, and have a business unit set up to focus. Have a look at their specialist website. Wimps also have outer London which is going ok, subject to you know what and political prevarications.

[jugears] 04/9/2018 13:05

& I always thought Long was the expectation of an share price increasing in value.

[jugears] 04/9/2018 13:03

gbh2- Absolutely agree with your post.