Taylor Wimpey Share Discussion Threads

[jugears] 16/4/2020 23:26

St2 read the markets it was definitely going up today, if you dont want to be called Patrick dont act like one.

[jugears] 16/4/2020 23:25

I also have never seen a situation where some companies are closed, but even if People sell then the new wave of property owners & landlords start but then if you buy houses to let why would you sell when the rental market is about to take off ? I still have a waiting list for the property I own even commercial units .However not all companies are closed & no one really knows what is going to happen so why speculate the economy could go into over drive once lock down is over, to much pessimism in my opinion.

[jugears] 16/4/2020 23:14

I Like many other suppliers are still open for business,Many companies have said they plan to return at the end of the month,I think that we will all have to adapt our lives & future working practise & go back to work sooner rather than later as there is no gaurantee that a cure for cv will ever be found, also If lock down continues for more than 3 months this could have a profound impact on peoples health & wellbeing that could have a bigger impact on the nhs than cv itself, I still think that the numbet of people that have had cv in this country is nearer the million mark & that this has been in the uk since before Christmas,I myself was I'll for 2 weeks with a high temperature & couldn't get out of bed for a week & have since spoken to other people that have had imilat symptoms going back to December. It is possible that there will be a slow housing market for the remainder of this year as that is inevitable but I think we will see a recovery early next year. I dont see this lasting long term, not when the housing market was in such a good position prior to cv, But we will see, if you dont take risks you dont get anywhere in life were born.with nothing & we leave with nothing so you may as well give it your all in between is my philosophy.

[sikhthetech] 16/4/2020 22:48

TW made provision of around £130m to redress the onerous lease terms, Ground Rents, from the leasehold scandal... leaseholds bought because of Buy to Let..

From their latest accounts they have only paid around £30m, so they're still expecting to pay out around £100m.


"paying GBP29.9 million in relation to the Ground Rent Review Assistance Scheme set up to assist certain of our customers to move their ground rent escalating terms to less expensive terms and GBP5.9 million incurred to replace ACM cladding. "





They do have a significant amount of cash but a lengthy lockdown, a severe housing market crash or supply chain problems could have a severe impact on them. I've been investing in property for 30yrs and have never seen a situation where every company involved is closed.

It's early days and nobody knows how they will come out of the lockdown.. but I wouldn't be surprised to see a rush of sellers/investors to sell property before the end of the year.

[sikhthetech] 16/4/2020 22:36

Jug,

well, you mentioned Next.

As to housebuilders in the current climate. The lockdown was sudden and I doubt there will be a sudden back to work.

All companies within housing sector won't be ready nor in a position where they will go back to work suddenly, therefore there is likely to be severe problems in the short term.

Are you going to say concrete suppliers, brick makers, roofers, scaffolding suppliers, plant hire companies are all going to be available within days..

What about all the estate agents, solicitors...
Potential buyers aren't going to suddenly say to themselves that they should go out and immediately buy a new home..

There's also Brexit uncertainty- a hard brexit isn't going to help.


I believe we're heading for a housing market crash which will take years to recover.

[sikhthetech] 16/4/2020 21:11

Jug
"I bought NXT for 56p in the 8o's, I think I would have laughed my socks of if some one had said in thirty years they would be £85.00!, "

So would you have laughed your socks off if people said that big and long running high street names like Debenhams, Woolworths, M&S, HoF, BHS would go bust or would be struggling to survive within the same 30yr period???


Times change, economy, social changes have a big impact on what the future brings...
The same applies to any company, including house builders and their suppliers..

[jugears] 16/4/2020 20:43

Waikenchan ,anything is possible in the next 20 years I bought NXT for 56p in the 8o's, I think I would have laughed my socks of if some one had said in thirty years they would be £85.00!, If you are a long term investor in any good well ran profitable company you can expect good returns, I have uped my target to £3.60 in the next 5-10 years, it doesn't matter what happens in between. Just remember many on this board just last year said I wouldn't reach £2.64 well we were certainly close & had it not been for cv I think we would have surpassed that by now.

[gaygay3] 16/4/2020 20:33

Hi are you on the right board if so I like your enthusiasm

[waikenchan] 16/4/2020 19:58

I think this stock will hit 30 pounds per share, over take amazon as the most valuable company in world with a 20 dividend and be the largest company in the ftse.

Good luck all

[gbh2] 16/4/2020 12:06

Bovis last dividend payment due end of this month :)

[cashandcard] 16/4/2020 12:04

Shorts getting roasted yet again. They just don't learn, like that bricky who's account blew up last week. Property always wins, its the holy grail for governments in this country.


Cash

[peteret] 16/4/2020 12:01

Your filtered look at it rise you idot

[tlobs2] 16/4/2020 11:07

The wheels are starting to turn again....




These builders all need feeding when they get back to work next week ;-)

[gaygay3] 16/4/2020 09:45

BEDV up over 4% today

[sr2day] 16/4/2020 09:22

you can filter as many as you wish but this is a bear market and bulls will be going stale.if some of you have not experienced a bear market before you are about to.

[stevieweebie2] 16/4/2020 09:20

Its Hot outside, I have a feeling that someone just flew too close to the sun again... lol
you buy back in today son, will give me a huge chortle in a few weeks time.

[1carus] 16/4/2020 09:11

It's the same on many threads. Hit the filter button and life is good. Might have to buy back in today at some point. There will be pressure on the government to open things up a little in 3 weeks. Things will get back to normal pretty quickly. This is a good test for companies to develop their disaster recovery strategies... it will make good companies stronger.

[omg48] 16/4/2020 09:03

I have already filtered them.

[smartie6] 16/4/2020 08:53

Free fall.
Barrett’s say it as they see it.
Where’s TW boys?
I can hear the tumbleweeds across this board.

[sr2day] 16/4/2020 08:50

cannot see this finish above 120p today with Barratts saying hardly any new home sales.

[smartie6] 16/4/2020 08:45

Put your blinkers on guys, really worked for you in the past. Lol.

[m4rtinu] 16/4/2020 08:41

Filter - ignore - don't refer to them