Taylor Wimpey Share Discussion Threads

[1 nhs] 01/4/2020 08:04

You can conserve a billion pounds, but Your stock has fallen 20% and your income from finished units is now a trickle.


Saying that , without sales, you have no cash.

[tlobs2] 01/4/2020 08:03

Yes, well done to the board. Leading by example.

[ddubzy] 01/4/2020 07:55

Nice to see the BOD doing the right thing during this unprecedented situation affecting the globe.It's all about preserving cash, in what will be a relatively short period of time.

[bricktycoon] 01/4/2020 07:51

They know there bust sell while u still can massive gap down 2008 lows imminent

[1 nhs] 01/4/2020 07:47

WARNING TO SHAREHOLDERS


From today’s RNS.

The objective of these changes is to conserve cash, with a particular focus on protecting the long term financial security of the business as a whole, for the benefit of all of the Company's stakeholders.


THEY KNOW PERFECTLY WELL THAT AFTER THEY TAKE A 20% stock write down, and a 33% land slash,

Shares = ZERO

[ddubzy] 01/4/2020 07:33

Nice to see the BOD doing the right thing during this unprecedented situation affecting the globe.

[bricktycoon] 01/4/2020 06:11

Carnage today sub 1 pounds on open Taylor's drew down its credit facility a week ago because the 1 in a million has happened the never ending credit bubble that kept the Ponzi scheme going has burst in weeks Bloomberg saying this morning it's 10 times worst than 2008 5 p coming again sell while u can

[steeplejack] 31/3/2020 23:21

To pull the Morgan S comments together,they're actually fairly (N)eutral on house builders but,for choice, because of the liquidity analysis favour Berkeley and Countryside.Looking at the market overall, Morgan S. think it's too early to rush in to buy consumer cyclicals like the HBs and would stick,for now,with healthcare and utilities for their defensive merits.The feeling about the market in general is that it's overly biased towards an optimistic prospect of a "V" shaped recovery and there seems to be a consensus in the US that historic bear episodes suggest we'll retest recent market lows before things bottom out.When you think of how many people die each year in motoring accidents in Europe and the USA,i wonder if governments might ultimately get criticised for being overly cautious in their approach.Depends whether you're alive post the virus I suppose.

[gaygay3] 31/3/2020 23:21

new Audi on the drive looks lovely and all paid by cash so don’t need credit thank you

[jugears] 31/3/2020 22:25

More of a precaution than a need.

[flyfisher] 31/3/2020 22:14

imdtrading. Because it drew down its Revolving Credit Facility a week ago.

[imdtrading] 31/3/2020 21:18

Cash position strong but what are all those payables? And why tw has no access to credit?

[bricktycoon] 31/3/2020 21:07

You can sell on open and save your equity if not get ready for 2008 lows

[bricktycoon] 31/3/2020 20:36

Dow crashing this will gap down in a big way on open sub 1 pounds in the morning with covid 19 out of control this really is in deep trouble. No sales estates half finished huge cash burn land bank halving in 10 weeks this will test 2008 lows of 5 pence very quickly from here the new Audi on the drive days on the never never are over this is bust

[steeplejack] 31/3/2020 20:33

https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fd1e00ek4ebabms.cloudfront.net%2Fproduction%2Fdec85c6d-e936-49f5-a5f0-3b3b5cffadb8.png?source=AlphavilleLiquidity analysis.

[steeplejack] 31/3/2020 19:54

Forecasts by JPMorgan contained today in Alphaville comments.Summarises reduction in price targets.You’ll see that TW. price target is 110p.Thereagain,it was a good deal higher pre Covid.Something about star gazing comes to mind.

[jugears] 31/3/2020 19:53

Doyden if you have kids you will know teenagers think they know it all! I think I will carry on with my investing stratagy it's working just fine for me.

[doyden] 31/3/2020 19:36

What utter rubbish. As a few on here keep pointing out, TW is in a very different position to the one it found itself in during the crisis in 2008.Are you the same chap who was ramping Sound Energy several years ago? Buy, buy, buy billion dollar upside etc?If so, I think I'll take anything you say with a very large pinch of salt.

[1 nhs] 31/3/2020 19:12

Low interest rates the norm !

What planet are you on ?

They stand at 330 lows FOR A REASON .

Expect house price falls for at least 5 - 15 years.

Absolutely all assets bar gold will drift down to levels of support.

[jugears] 31/3/2020 18:28

You do make me a laugh,Just out of interest do you know what Tw actually do , How much competition they have & why there shares dropped to 3p ?

[jugears] 31/3/2020 18:07

No rate rises for at least a 18 months & then lucky to see 1 percent in the next 5 years, As I predicted in the financial crisis when interest rates fell that they wouldn't rise above 1% despite many on here predicting that they would,Its easy to drop interest rates but not easy in normal circumstances to put the back up & these are definitely not normal circumstances, I'm afraid low interest rates have become the norm now & are here to stay for a very long time. This crisis has worked out well financially for many industries, with overtime & increased sales in certain sectors & I would like to bet that cv will not have the huge financial impact that was origanally predicted ,but then every world crisis has to be times by 10 just to give everyone the scare factor.