Taylor Wimpey Share Discussion Threads

[smurfy2001] 18/7/2010 00:01

jab, fair enough.

[bordersboy] 17/7/2010 21:38

jab

i think you are totally missing the point.

the following link may help you grasp the situation.

[spennysimmo] 17/7/2010 21:17

Martgages aren't harder to come by. They just aren't being given to people who simply sign a form saying they can afford it and rightly so.

[jab118] 17/7/2010 21:06

Jugears would you have a depo in Bridgewater, if so I know who u are ?

[jab118] 17/7/2010 21:02

Yes simmo, that could well be they're downfall, time will tell with that decision.

House prices are bound to fall, with mortgages harder to come by as wages are frozen. Mr's Cameron and Clegg, is cutting back on unwanted public sector jobs, hopefully that will depress the strikes for higher pay which will next be on the agenda, same as Maggy had to do with the miners. It's a time for belt tightening when things are dyer, cutting Britain's deficit is their main agenda, and as quickly as possible, if we lose our AAA rating due to the countries deficit then interest will rocket, that would no doubt cause another \market crash thus causing a greating pain rising the interest,thus causing a larger mortgage defaults long term. Negative equity can be survived. In simple terms if one can't pay your mortgage, then going to another bank to help prop up your bad debt, with a higher interest rate only making a bad debt a black hole.

signing off now.

[jugears] 17/7/2010 20:38

Actually JAB your not far Wrong but although I will admit that the last year is the worst I have Had in business, There are definate signs of improvement we are now fully booked until the end of this year.I know we all have our own opinions About TW and its not going to be an easy ride, but talking this share down doesnt help anyone, a bit more optimism from everyone wouldnt go a miss.

[spennysimmo] 17/7/2010 20:31

jab, cheers. If you read the reports, the product is not less in demand. TW are in a position like the majority of other builders where they are not focusing on quantity right now but increasing the average sale price by changing their product mix from flats to houses.

[jab118] 17/7/2010 20:29

Basically simple simmo, because debt is a drain on any company, when their products are in less demand.

nice picci simmo ..;_)

[jugears] 17/7/2010 20:24

JAB118, what makes you think im a timer supplier?

[spennysimmo] 17/7/2010 20:16

If TW. didn't go down the pan at 4p with £1.5bn of debt, then why now at 4 times the market cap and less than half the debt?

[jab118] 17/7/2010 20:14

lol.. brain washing of 30 years, with a jugears optomistic opinion from the work force.

That wouldn't be a Timber supply company jugears would it ?...lol lol

[jugears] 17/7/2010 20:05

I have been in the building industry for nearly thirty years & a good many of them I have been a supplier to Wimpey, I speak to a good many people on TW on a regular basis ,All of them seem very optomistic about the companies future. I have been investing in shares for nearly thirty years & would never invest in somthing that I was'nt confident about.One thing I have learned is to invest with my gut feeling & never listen to brokers or papers because they never get it wright.From my own point of view my company now has the fullest order book we have ever had since the company started nearly 50 years ago!!
There will always be someone spouting doom & gloom imho just ignore them.

[smurfy2001] 17/7/2010 16:56

jab, treat people with respect and you'll get respect but you're only here to rub it in, remember when your friend/family member died, you got support here now you're throwing it back in their faces. Maybe you lied l don't know.

Where is sheriff gone?

[racg] 17/7/2010 16:20

You are the moron gbh2, as you do not seem to be able to cope with simple mathematics, but as you ve filtered me, you won't be able to read this and comment on the fact that you are actually the winner of ignoramus of the year award.

[gbh2] 17/7/2010 15:15

racg - "how does a consolidation make it more expensive ? The nominal value of a share is not going to change the capital they need to employ to buy and sell the stock, is it."

The number of shares required to move the share price will cost more as the unit price increases, consolidation is the main method used in reducing liquidity, if you don't know that then just keep quiet instead of opening your big mouth and looking stupid, Again!!


"Filtered" as I really don't have any interest in having a conversation with you!!!!

[bordersboy] 17/7/2010 13:30

jab,

why not throw in RBS, LLOY in to your bust by xmas prediction, those companies are well in the govt's grasp anyway.

However, depending on which tea you drink, i wouldnt rely on them for predictions, sounds like you drink tetleys.

;)

[smurfy2001] 17/7/2010 13:11

jab118, no the banks won't force administration. What bank would want to run a housebuilder, it didn't happen last time it won't happen this time because TW are in a much better position now.

[jab118] 17/7/2010 13:10

bordersboy, the answer is clear and simple, in deep recessions builders go bust always have always will, The last Government, promised no more boom and bust, wht a bunch of muppets. The bank will say enough is enough soon, forcing them into administration their assets is only their land bank which will once again be subject to bank interest payments. which will soon drain them back to a worst situation they were in about 2 years ago, I said by XMAS...BUST !!! Or taken out very cheaply it will happen.

Wait and see, 10p land bank value here only..we shall see.


It was all in my tea leaves cup earlier this morning...

jab ;-)

[smurfy2001] 17/7/2010 13:10

Even if the housing sector experiences a %10 drop, the writedowns are already taken into account. I don't know at what level but TW have not performed any writebacks so far so l can't see an impact here.

Mortgage lending is loosening so that could potentially offset any near term weakness in house prices....

It was a credit freeze that caused the last disaster remember.