Taylor Wimpey Share Discussion Threads

[omg48] 29/5/2020 22:56

I have a watch list of all builders SP's. Why was TW by far the worst faller today by some margin?
Large 14m share sale at end of day.

[masterblaster] 29/5/2020 17:16

Bricks gone quiet. Has he bought in?. Will there now be a lot o ramping?

[priteshpatel9] 29/5/2020 10:34

You and your big mouth. Lol!

[gaygay3] 28/5/2020 17:03

TW moving a long very nice mainly due to the market bounce let’s hope it continues

[masterblaster] 28/5/2020 16:51

Good momentum.imo £1.75 before resistance

[jugears] 28/5/2020 16:25

I think some junior schools have gone back today though so that's probably why.

[masterblaster] 28/5/2020 12:51

Brick.this will be a roller coaster ride but the s.p.lows you are forcasting we will imo get anywhere near to.

[bricktycoon] 27/5/2020 05:56

Don't want to sound too depressing but Recession and Brexit could have a serious affect on Sp. Think suB 30 p will be fair value when results start to show that Taylor have sold no houses massive sell on spike here last chance to sell buy Amazon or dominos there doing well out of covid 19 Taylor's going bankrupt because of it

[doyden] 27/5/2020 01:53

Bank of England chief economist says that the economy is on track for a rapid v-shaped recovery. BofE also said that the recession may not be as bad as originally feared.Dividends back on by year end and a price upwards of £1.80?

[sikhthetech] 26/5/2020 21:49

Thorpmatt,

yes, unemployment in 6 months is an estimate.

Problem is Millions of people who are still furlough, hospitality businesses, pubs/clubs/restaurants still don't know if they will have a job in 3 months time..

Covid19 wasn't known about when the country voted and it's easy to make a case for raising taxes now. The govn could say to we need to raise taxes to help pay for future challenges to the NHS and make public transport safer and cleaner. Given the current outbreak, why wouldn't the majority of voters agree??




Covid 19 also affects consumer confidence...

How many will actually go shopping or on holiday, buy big ticket items, like homes, cars? Especially as the majority of people think the lockdown is being eased too quickly.



"When it comes to plans to ease the restrictions in England, more than half (54%) thought the controls were being lifted too quickly, with just 13% wanting lockdown lifted faster."

[bricktycoon] 26/5/2020 21:23

With Taylor already drawn down on its equity line and cancelled the dividend cash is tight and running out at a alarming rate. With ground workers and brickies to pay and zero sales the credit fuled bubble Taylor has rode since 2009 has burst sell 120 Friday massive sell of in the morning the sheep who bought on the bull trap spike will be slaughtered in the morning Dow slipped of highs at end

[thorpematt] 26/5/2020 21:16

sikh,
I reckon unelmployment has to be key to demand. To say otherwise is clearly a bit daft.

Of course estimates for unemployment levels in say 6 months time are just that - estimates.

Some industries are affected more than others. Some not at all. Most mainly temprarily. I guess at some point Airlines go on a mass hiring drive. Let's face it people like to go on holiday. People also like to go out to restaurants, pubs,...beaches. So where some industries (and related jobs) are no doubt effected, they will recover gradually, ultimatly.

BUT all of that is not why I am bullish on house builders. The reason why house prices rise is mostly related to the cost of buying (desire is always there, affordability is the only limiter). Affordability in turn is related almost entirely not to the ratio between house price and wages (common press coverage misconception), but in fact the cost of interest.

And the very crux of what is happening in the bond market now and what is almost certain to continue, will in my view be a long period of continued QE and bond purchases.

Yes the government could choose to tax its way out of debt but Turkeys rarely vote for xmas. The effect of all this will be low interest rates. And thus the UK house prices will stay inflated and the margins for TW. and the like will stay very wide.

It's almost a license to print money!

[sikhthetech] 26/5/2020 19:17

Obviously builders would get back to work asap but that doesn't show what is happening in the chain.


What will be useful to know are the number of NEW sales/completions and number of cancellations SINCE the easing of the lockdown, last week.

Going forward, keeping and eye on mortgage repossessions and unemployment..

[sikhthetech] 26/5/2020 19:07

Jugears,
"sikh, I'm between 50 & 60 & don't read my posts once written hence bad grammar & spelling"


I found it funny when you were commenting on other posts being "poor English, so person isn't British"

So you're not British!!!!

Your command of the language has got nothing to do with your nationality, as you have just confirmed!!!

[bricktycoon] 26/5/2020 18:18

the rest of the week bring carnage no rally on supposed cure for covid 19 back to reality nothing is selling new build price action this week will be fun down down down im in the sector its collapsed time will tell sell on open bull trap today sheep like juagers will be skint soon

[jugears] 26/5/2020 17:18

gbh2,Things are picking up at a nice pace now, My work load is covered for the rest of this year & looks like profits will be up on last year, over the last few months I have also picked up new customers & I am developing new products of our own to market ourselves rather than depend on manufacturing other peoples designs.Despite the doom & gloom I think the future is looking very positive. As for TW I think there will be a few people crying today ,£1.70 here we come. As Tw. have not borrowed government money I believe this clears the way to reinstate Dividends again in the near future.Not sure what has driven to today's correction other than we were approaching a bank holiday & investors were perhaps nervous of any bad news coming out over the weekend & now just buying back in? Lets see what the rest of the week brings.