Taylor Wimpey Share Discussion Threads

[onjohn] 15/4/2020 08:57

too much debt

[smartie6] 15/4/2020 08:20

It does when interest rates rise to 7%. In the good times be prepared.

[clarky5150] 15/4/2020 08:19

We briefly considered holidays for our mortgages but with current % rates in makes more sense to keep paying them off.

[bricktycoon] 15/4/2020 08:17

This will crash below 80 p this week 2008 lows imminent

[knocknock] 15/4/2020 07:06

There will be a house price correction like never before , only time will tell if TW survive this time round.Maybe a switch in to social house building will be the way forward and a departure from building for profit.Maybe government will end up nationalising the big players or at least taking huge stakes then controlling the pace of build and type of tenure.Either way it's going to be a rough ride and expectations of a share price sub 50p is possible with 10-20p likely.

[smartie6] 15/4/2020 06:56

Who thinks next will be that the banks no longer having the appetite to support construction?

[jugears] 14/4/2020 22:24

gaygay Yes its always could!, As we all know half of that could! be nearer the truth or will be nearer the truth, how else will the government be able to praise itself when the economy doesn't go into a massive slump!, Same article expects economy to increase between end of June & September, I would say by more than the contraction of the previous 3 months, Lets face it there will be a huge spending spree by those that still have money to spend having been in lock down for 3 months even those that don't have money will be out spending. As most people will not want to travel abroad this will be especially good for all uk tourist attractions & holiday destinations, Roads will be gridlocked & if you want to visit your local retail park, Macdonalds or the pub,You can expect to que for hours! The same article also says they are not expecting any long term effects to the economy, That is perhaps the only truth in the article!I think this lock down will have a very positive long term effect on our economy, One thing that has been discussed a lot in the last few weeks is how the uk can manufacture more of its own requirements to reduce our reliance on products coming in from abroad, To me the future of the uk looks very bright.
As you all know I have a lot of contacts at Wimps, having spoken to them today can I clarify the following.

1.There are know plans now or in the future to suspend payments to suppliers.
2.There are know plans now or in the future to change trading terms agreed with suppliers(Mine is nett monthly account).
3. There are know plans now or in the future to ask suppliers to discount there prices or risk loosing contracts in the future
4. TW have built a reliable & trust worthy continuous supply chain & will ensure that this continues once sites re open ( I would expect this to start gradually from the end of this month in line with my other customers )
Hope this clears up some of the myths on this BB by people that probably don't even know where the UK is let alone a brick from mortar!

I wonder if you can get done for blasphemy ?

I note that less than 4% of the 27,000,000 million homes in the uk are taking a payment holiday, I would have thought it would be a lot more than that.

Looking to take a nice profit in the next few days on today's late investment COULD be 5% tomorrow perhaps?????

Let's all remember that little word could, because in reality could seldom does ! I much prefer the word WIll, Its a bit more definitive & has a bit more meaning .When normality resumes & I make my next fortune I could move house or I could by a new car or I could by some more land as my little sheep could do with some more room , I could do absolutely anything , but what I WILL do is enjoy every single penny!

[gaygay3] 14/4/2020 21:35

1NHS
Could be 20%

[1 nhs] 14/4/2020 21:23

One in nine mortgage holders in the UK has taken a so-called "payment holiday" as their finances have been hit by the effects of coronavirus.
Lenders have agreed that 1.2 million homeowners can delay repayments as jobs are cut and wages reduced.
Typically, this defers a mortgage bill of £775 a month, with borrowers given the option of delaying up to three months of repayments.
More are likely to take up the option, which should not affect credit ratings

[aneeda avadump] 14/4/2020 21:20

worth a punt around 40p

[1 nhs] 14/4/2020 21:20

Agreed might be 50%

[gaygay3] 14/4/2020 21:16

1NHS
British economy could contract by 35%in the second quarter who ever wrote this article did say could

[gaygay3] 14/4/2020 21:09

TJ2
why don’t you like me

[1 nhs] 14/4/2020 21:01

Good luck in this environment


Britain's economy could contract as much as 35 percent in the second quarter of this year, the most since records began in 1956, amid efforts to contain the rapid spread of Covid-19, the Office for Budget Responsibility said on April 14th. The projection was based on the assumption that the shutdown lasts for three months followed by another three-month period during which restrictions are partially lifted. The country's independent budget forecasters also said that the country's budget deficit could hit £273 billion, equivalent to 14 percent of GDP and the biggest since World War Two, while public sector net debt is seen exceeding 100 percent of GDP for the first time. The UK annual economic growth was confirmed at 1.1 percent in the fourth quarter of 2019, the weakest since the first quarter of 2018. Considering 2019 full year, Britain's economy expanded 1.4 percent, compared to 1.3 percent in 2018 and 1.9 percent in 2017.

[joe king1] 14/4/2020 20:30

sub hunner pee cometh

[dr_smith] 14/4/2020 20:25

re-filtered

[joe kingl] 14/4/2020 19:23

Cometh ! ! !

Do you like that word then ?

I try and put it in all the posts / threads that I troll.

Joe, the ten bob millionaire.

[joe king1] 14/4/2020 19:16

Lower gaps nned to be filled or it will haunt holder until it does.

100p cometh

[tradejunkie2] 14/4/2020 19:07

gaygay3, l don't like you.

[arja] 14/4/2020 18:46

porsche,
you miss the point which is not about how many will stay but about the hostile environment for foreigners started by the nasty piece of work Theresa May in 2010
and now brexit will discourage more to come here . Most of those here with their families of course might not wish to UPROOT and just need to apply for settlement status if her 5 years or pre settlement if less leading to settlement - a hassle but many have done it . we still do not build enough houses and I think most building stocks will gradually recover but knocked today by the economic forecasts . In a short term uptrend before today's setback

[gaygay3] 14/4/2020 18:42

Not all bad today HB in talk with the government to extend the HTB scheme

[smartie6] 14/4/2020 18:30

Oh dear, oh dear, oh dear.
Jugears I can put you in touch with a good Administrator friend that I know.

[newbytothis] 14/4/2020 18:01

Shall we see who right juggy ?

[newbytothis] 14/4/2020 18:00

Be a feeding frenzy alright when it dawns on peeps it's not opening back up end of month like jug says