Taylor Wimpey Share Discussion Threads

[gbh2] 20/3/2020 10:14

I'm hoping they pay the dividends, if only to cover the Cash were going to lose on holiday Apartments that we prebooked for this year.

[clarky5150] 20/3/2020 10:14

wow, auction triggered.

[wfl1970] 20/3/2020 10:13

I read somewhere that EZJ couldn't reverse the due dividend payment as it had already been signed off!

[clarky5150] 20/3/2020 10:08

It does sound a bit rich doesn't it. For somebody like an airline whom this could affect critically I would whole heartedly agree with suspending any form of cash redistribution. I genuinely cant see TW pleading poverty over this.

[gbh2] 20/3/2020 10:02

Airlines all ready in the Headlines because they're paying out dividends whilst asking the Government for funding!

[dr_smith] 20/3/2020 09:47

bookbroker: DTG had rns last night:
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..on 19 March 2020, Steve Heapy, Chief Executive Officer and Gary Brown, Chief Financial Officer, each purchased 20,000 ordinary shares of 1.25p each in the Company ("Ordinary Shares") at a price of £3.057 per Ordinary Share.
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so today market interpretation of that action.

[m4rtinu] 20/3/2020 09:37

Agree, Steeple. Good point re PR of paying divi while receiving govt support.

[craftyale] 20/3/2020 09:31

Thanks clarky I'll raise a glass to you :)

[clarky5150] 20/3/2020 09:29

Excellent point steeplejack. Trump has intimated no handouts for companies that have introduced share buy backs. Not sure about divis as they are the accepted lubricant to grease the investor wheels. I've never been a fan of buybacks personally. Companies such as AHT who have flown over the last 10 years have constantly used buybacks instead of paying down debt. This is currently looking like wasted funds at this share price so will gain very little sympathy if they come cap in hand for cash. IMHO

[owencoffin] 20/3/2020 09:28

'The retailer will axe its final dividend to save in the region of £130m. '

[steeplejack] 20/3/2020 09:16

I think that TW. should pay it's normal dividends but there's a political element coming into play now.Mark &Spencer makes mention to business rates of £180m a year and thanks the government for the business rates holiday.If Marks was to pay a dividend costing £130m you can see the headlines now...."Government funds shareholder payouts by suspending business rates".

[ftir1] 20/3/2020 09:10

WARNING

This is NOT the bottom, TW. has a lot further to drop from here.

Don't be fooled by any suckers rally.

Dividends will be cut.

SELL

[clarky5150] 20/3/2020 09:06

Well done crafty. If I was in your cash position I would be having more than one ale. I brew all grain as a hobby btw.

[clarky5150] 20/3/2020 09:05

I know we cant see past the end of the day at the moment but if we look back 10 trading days we would have not considered cancelling divi. Has the company bank balance been affected by this in any way yet? If we have a fairly good recovery even to 140p we are back in a range from last year when the divi was happily paid. I genuinely believe it is time to take a breath and a good look at what has been done and if it has been overdone. If its the latter the divi should stay.

[craftyale] 20/3/2020 09:03

Well I'm happy I'm using funds I sold at 220 and 200. :)

[steeplejack] 20/3/2020 09:00

Clarky I’m referring to the market not TW.specifically...misleading sorry

[steeplejack] 20/3/2020 08:57

I think the deferring of the special dividend is in the price.Paying the normal dividends would give you a yield of well over 5% at current price levels.If TW. were to maintain those payments then they’d look relatively very attractive to income funds especially given the intention of so many other companies to cut or suspend payments.

[clarky5150] 20/3/2020 08:55

What sort of bounce steeplejack. we are trading up approximately the same as the FTSE. The combination of higher oil price, weaker dollar, better sentiment in US and lower VIX are all giving us a breather but certainly no bounce yet.

[jugears] 20/3/2020 08:49

Sold the days before purchase at a profit of 8p so happy with that for now,Think I will wait till next week & try it again.

[bookbroker] 20/3/2020 08:48

All this morning has done is create a large gap in most stocks, that is invariably filled, but DTG is an example how markets have lost the plot, fell £2 straight away y’day, up £2 straight off today, no price discovery whatsoever ever, just plain gambling on ten minute moves!

[steeplejack] 20/3/2020 08:44

I don’t trust this rally.The volume is too low to justify some double percentage rises in stock price.Could be that the selling pressure is drying but that doesn’t support this sort of bounce.

[jugears] 20/3/2020 08:44

I would expect all companies in industries that could be affected will delay or cancel there dividends if it means being able to continue to trade. I would be disappoint if Tw did & the share fell to 50p short term, but on the other hand picking shares up in tw at that price will make me a 300% return over the next few years which is better than any dividend. As share holders it is our duty to support Tw & help ensure they come out the other side at the moment I have had emails from all customers to say its business as usual & to ensure we have sufficient stocks.

[clarky5150] 20/3/2020 08:43

He may well have to carry a loss for a while but time will show that as a great entry point.

[battue2] 20/3/2020 08:38

Craftyale Shame you didn't do it yesterday you'd of saved yourself a lot of money .

[clarky5150] 20/3/2020 08:26

First day in 13 that dollar is weaker...