Taylor Wimpey Share Discussion Threads

[raweden] 13/5/2020 09:05

About a 70% fall in sales, including a lag from pre lockdown deals. Not exactly good news.

[unhinged] 13/5/2020 08:57

It's only 27% for the three week period between 23rd April and 12 May so immaterial in the scheme of things especially as the order book has grown in that period net of cancellations. The fact that they are removing the majority of employees from furlough speaks volumes for their confidence in the future

[sikhthetech] 13/5/2020 08:45

In terms of completions and cancellation, depends on what stage they were.It would be very expensive or impossible to cancel if near completion. Eg if they were in a chain..


27% cancellation seems high.
How does that compare to the norm?

[mickinvest] 13/5/2020 08:15

5% discount given to NHS workers etc, I'd imagine that will be across the board once someone asks for it and threatens to walk away in the next few weeks and just the start of many discounts, I've kept a close eye on the performance of Lloyds and RBS and both shares now having a torrid time which suggests the UK is in trouble, I'm looking to up my short if the market can have one last big blue day.

[raweden] 13/5/2020 08:05

Sales per outlet down from 0.96 to 0.30 and that will still include a pre lockdown lag. Wonder what the sales per outlet was in the past two weeks? 0.1, 0.05, or 0.3?

[unhinged] 13/5/2020 07:46

Also great to see them bringing back the majority of their furloughed employees. For them at least the Government scheme has been a resounding success. Let's just hope we see more companies doing the same in the coming weeks

[m4rtinu] 13/5/2020 07:43

A bit hard to believe!?

[tallprawn] 13/5/2020 07:34

That is a nice update and should push the share higher.I wasn't expecting the orderbook to be ahead of last year in terms of units and value.Sales out performing cancellations during the period with show homes being locked down - Great performance.

[unhinged] 13/5/2020 07:24

Love the booking system to view new homes. I bet they will be absolutely flooded with enquiries such is the desire on everyone's part to leave their homes - they should have thrown in a promotion like a free haircut with every viewing

[unhinged] 13/5/2020 07:19

Incredible trading update - how is it conceivably possible they have sold 408 homes net of cancellations during the lockdown ???!

[m4rtinu] 13/5/2020 07:14

The RNS includes TU which is not obvious from heading. Fairly positive but 27% cancellation rate. Not sure how this compares but not surprising in current circumstances?

[doyden] 12/5/2020 23:14

House moves and viewings to resume in England tomorrow. That might give the TW price a boost in the morning.

[unhinged] 12/5/2020 14:58

Gift - things only getting better from here

[heliweli] 12/5/2020 12:44

Looks like HB's are on the slide.

[arja] 11/5/2020 10:25

the dow and US indices come off a bit this morning and has triggered a real turnaround with many stocks now down on the day . As always , US rules dam it ! ( wry smile )

[its the oxman] 09/5/2020 09:38

Don't think the government can afford to see the housing market seriously falter, too many big implications for the economy and consumer confidence, suspect low interest rates, more help to buy support and even stamp duty relaxation if required. Yes 2020 can largely be written off as for most of the economy but demand and profits will return and the builders have an intrinsic value with their land banks regardless so much worse places to be.

[jugears] 08/5/2020 20:14

OnecrackUpYourBum filtered, It may take a while but the country will bounce back & the economy will be bigger & stronger than before.

[arja] 08/5/2020 12:45

fundamentals have not changed , ie never enough houses built to cope with demand and
ultra low mortgage interest rates of course . Admittedly , problems in short term !

[gaygay3] 08/5/2020 08:45

that’s a rubbish statement plenty of investors who have been buying shares for years have started to buy HB shares as they think HB will do well over time what about airlines pubs restaurants should we be buying those shares instead of the markets lose another 20 to 30 percent drop yes TW could be under a £1

[gaygay3] 08/5/2020 08:45

that’s a rubbish statement plenty of investors who have been buying shares for years have started to buy HB shares as they think HB will do well over time what about airlines pubs restaurants should we be buying those shares instead of the markets lose another 20 to 30 percent drop yes TW could be under a £1

[1crackupboom] 07/5/2020 21:37

Building companyswill half in next 6 months. People pulling out or having mottgages withdrawn. You dont want building shares at the moment

[uknighted] 07/5/2020 21:01

uknighted4 May '20 - 09:04 - 27105 of 27118 Edit
0 4 0
PR was interviewed on tv this morning. Some site managers are going into sites today to put up Covid signage and make arrangements for new working practices, the remaining site managers will go in next week. He expects work to commence at a level of 80% compared with pre- Covid19 times.

[peteret] 07/5/2020 18:57

From their last trading statement Remobilisation to start on 4 May with a phased process based on detailed new site operating protocols developed in compliance with strict social distancing requirements, on the majority of our sites in England and Wales.So thay have sorted the sites this week and upscaleing next week.Even if Boris is down beat.

[m4rtinu] 07/5/2020 16:45

I think so too. Unless Boris says something different to what has been deliberately allowed to filter out. Or unless Media are ill-informed or pursuing agendas. Not change there, on the latter.