Taylor Wimpey Share Discussion Threads

[1 nhs] 17/3/2020 09:04

From another builders thread



mallorca 917 Mar '20 - 08:48 - 3772 of 3772
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Although I'm out of this at the moment I must say that the Company really could do with issuing a statement re cashflow and liquidity - to reassure investors.



NOTHING CAN REASSURE INVESTORS WHEN YOU HAVE NO MARKET FOR YOUR PRODUCT.

AT 85% LOWER PRICES YOU MIGHT GET BUYERS

[clarky5150] 17/3/2020 09:01

We need some semblance of rationality in the sector is all. FTSE flat, we are down 15%

[steeplejack] 17/3/2020 09:01

There were concerns expressed in the US last night that the markets were becoming dysfunctional.The virus meant that people weren’t in place to assure that the market was orderly.The suggestion that the markets should be suspended was swiftly kicked into touch.The old expression was to refer to the market as being “fast” or in common parlance unreliable.What you see on your screen is not what you’ll get.In due course,the wave of selling could start to abate.You’ll note that everything from bitcoin,to gold,to all the commodities are in retreat.Once people have built up the “comfort”; of a liquidity/cash buffer,there’s going to be a point where further selling of assets is pretty pointless.It’s not as if we can decamp and go to a different planet.Things will become eerily quiet.

[baracuda2] 17/3/2020 08:57

Another opportunity in my opinion

[clarky5150] 17/3/2020 08:46

Another kicking I see.

[baracuda2] 17/3/2020 08:18

Let's no get into a debate on who's the hardest please

[jugears] 17/3/2020 08:17

Might be normally but not this virous

[ekuuleus] 17/3/2020 08:14

gbh I think you are talking nonsense.

bacteria are far more robust than viruses.

[baracuda2] 17/3/2020 08:14

Maybe sub one pound soon,

[baracuda2] 17/3/2020 08:12

Down by the looks of things

[jugears] 17/3/2020 07:58

Let's see where today takes us.

[gbh2] 17/3/2020 07:54

A virus can live several days Depending upon the type of surface it's on & ambient conditions.

Germs can be cleaned with the wipe of a cloth soaked in a anti bacterial substance whereas a Virus is more insidious and difficult to remove, cheapest way is 99% proof alcohol.

[death by donut] 17/3/2020 06:57

Hoover , buff and polish , basically.

[steeplejack] 16/3/2020 22:52

Treat yourself!

[clarky5150] 16/3/2020 22:18

JUG, common sense has NO PLACE in this current climate. Shame on you!!

[jugears] 16/3/2020 22:04

Sikh a cleaning company cleans all new houses prior to completion to what extent I am not sure but as the germs can only live a few days what would be the point of a deep clean.

[steeplejack] 16/3/2020 22:04

Anywhere here’s an interesting fact for you.The S&P 500 had its fourth day of an intraday swing of more than 4%.If the index does that tomorrow for a fifth time,then it will be the first time there’s been such volatility since November 1929.That shows what crazy times we’re living through.Hence,weR17;re getting these predictions of a “Great Depression” in the offing.

[steeplejack] 16/3/2020 21:53

Indeed but the Dow is the Dow,a largely industrial index which doesn’t contain all those high flying tech stocks that comprise the NASDAQ,so the attention turns to all inclusive S&P 500 index.Both the Dow and Nasdaq suffered record one day falls.

[wfl1970] 16/3/2020 21:42

Well the Dow is down almost 3000 at the close

[steeplejack] 16/3/2020 21:36

Trump suggested that we wouldn’t be out of the woods as far as the virus is concerned until late Summer.All those projections of a bounce in the third qtr suddenly looked optimistic.

The previous All-time highest VIX close was 80.86 on 20 November 2008.(This is known as the volatility or “fear” index.A hedge against market falls).But today the VIX closed at a new all time high of 82.68.

This is extraordinary and has commentators suggesting the S&P could fall as far as 1700.That would take us back to near 3500 on the FTSE 100 around the depths of 2008.

The first support level for the S&P is calculated to be (a tad lower than current levels) at 2350.If that doesn’t hold then we could fall to the next support around 2050.Goldman Sachs thinks the market could fall to 2000 on S&P 500 ,that would equate to around 4300 on the FTSE.Actually,most people haven’t an idea where this could all end so they’re drawing on what happened in the past by employing technical analysis.However,the consensus seems to be that the market (depending on vaccine news etc ) could be a month away from bottoming.

[sikhthetech] 16/3/2020 21:31

Jug,

"sikh, Same as it would for any ones sites or offices"

I was thinking more in terms of developments. So if a development nearing completion has 100 homes and there's a Covid-19 outbreak, would the HB have to deep clean the the 100 homes - Kitchen surfaces, door handles etc??

[wfl1970] 16/3/2020 21:06

Jug, this time people are being restricted in their movements... Flights grounded, borders closed, jobs will and are going to be lost... This will effect the economies of the world and all sectors... Including HB's..

You may be busier than ever, but wait for the reporting to filter through over time... The market is looking significantly ahead of the curve right now ...

[jugears] 16/3/2020 15:52

Doyden this has happened 3 years in a row & they always go back, Its all to do with making money,The bigger the manipulated fall the bigger the profit! Don't be fooled to thinking this has anything to do with the CV that's just the excuse. what annoys me about the current situation is that the press don't mention that 60,000 people have recovered from cv & that is only the number that have been confirmed as having it, I would assume there are many more that have not been diagnosed & it also doesn't mention how many that died would have died from other underlying illnesses? Most building sites are checking the temperature of staff daily prior to entering the sites so hopefully this should keep construction moving in the short term at least.

[jugears] 16/3/2020 15:48

eeza. We can also increase production at the drop of a hat & like wise run on a shoe string.