Taylor Wimpey Share Discussion Threads

[tlobs2] 04/6/2020 15:57

sikhthetech we recently downsized after three of my four children bought houses. My fourth gets her keys for her first home next week.

It's not all doom and gloom. Lots of people are buying.

Your short doesn't look like a very smart move does it? ;-)

[sikhthetech] 04/6/2020 13:36

gbh,

like I said...
"My opinions are not based on my investment anywhere."

Therefore, I would still post those opinions even if I was invested in TW..


Continuous contrarian comments in a share I was invested in:




I do respect your view.

[gbh2] 04/6/2020 13:23

Sikh - That's the prime difference :)

A adverse comment on a stock that you're invested in is a invested comment, whilst adverse comments on a stock in which you're not invested (especially continuous adverse comments) are generally designed to convince other investors that you are right not to be invested whilst they are wrong to be putting money into a stock.

That's it for me because I've no real intention of falling out with even a anonymous acquaintance whom I've exchanged ideas with for several years.

[sikhthetech] 04/6/2020 13:04

gbh,

I think I was still invested in PIC around that time. My opinions are not based on my investment anywhere. I do sometimes still post on the PIC thread, even though I sold out ages ago.


As you can see from the post below, I still was concerned over the economy and stock market and so maintained the majority of my investments outside of stock market.

If you look at Lloy... I started drip feeding at 28p and said I expect them to fall to around 20p.. I'm not confident the worst is over so I think it's best to drip feed. I haven't bought over 30p.


No I am not invested in TW.

Completely agree with you that everyone's situation is different.



sikhthetech - 09 Nov 2018 - 16:12:33 - 51522 of 51662 PACE: PIC a winner for HDTV, IPTV, VOIP, PVR - PIC
Majority of my investments are now outside of direct shares...

[craftyale] 04/6/2020 13:02

A 60% gain from April 1. April Fools Day. A couple of limit orders to sell, (which I keep moving up) but once again I will hold my core shares in TW. There's a madness in crowds, happy to watch from the sidelines.

[jugears] 04/6/2020 12:52

Sikh I only invest long term, & am not saying things wont be difficult for a few months but I dont expect a prolonged down turn & I dont expect Tw to go bust either ,I'm happy for any short term dips in sp's or property prices I have plenty of cash to spend.It doesn't matter how bad things get history repeats it self & house prices will always recover,I have already written this year off as far as investing goes but recent purchases should see an exceptional return in a couple of years & that all that bothers me .

[gbh2] 04/6/2020 12:31

Were you invested in PIC at the time?

Are you invested in TW> today?

[sikhthetech] 04/6/2020 12:25

gbh

"until it becomes a matter of attempting to convince others than I AM right and they are wrong"

I'm not trying to convince anyone..

Jug and others have presented an opinion and I've given a contrarian view to it.

Jug and you are presenting your opinion based on your view from a HB point of view, I'm presenting the view from a property investor point of view, based on where I believe the economy and house prices are going. My views are not TW specific.




I did the same on PIC. This from 18mnths ago.


sikhthetech - 06 Nov 2018 - 22:33:46 - 51459 of 51662 PACE: PIC a winner for HDTV, IPTV, VOIP, PVR - PIC
Bashor, it'll probably take a while for the offer to go through...
I'm expecting a market crash, given uncertainty Brexit, US China trade wars, property bubble.. Wouldn't be surprised if those or Dubai is the catalyst...

I'd say maintain cash until clarity over Brexit...but ultimately your choice..

[sikhthetech] 04/6/2020 11:58

Jug

"Usually if there is a down turn approaching I get indicators 6 months in advance"

I've invested for over 30yrs. If there's a down turn approaching I get the indication at auctions and by following economic/political newsflow.




How many HBs saw the 2009 downturn? If they saw it beforehand then why were there so many ghost towns built?


I agree with you and gbh that HBs will do ok over the longer term, perhaps couple of years down the line. Where I differ is I think it's going to be very volatile over the next few months.

[plat hunter] 04/6/2020 11:54

Cheers Tlobs.. I think that might be the clue that's right under your nose, yet overlooking.Have you seen construction PMI at all?

[sikhthetech] 04/6/2020 11:51

gbh,

How many times did Skyepharma Bod tell us that everything was positive and going well? I don't know what other shares we have both owned but it's always good to look at both bull and bear points.

I'm looking at where the economy could be heading. We've never had a situation where the country was suddenly locked down and where there's an invisible killer out there. There are still around 2000 new infections and around 300 deaths reported every day.

The govn haven't provided support for fun.


I maybe wrong but I do believe there are several red flags for the economy and we're heading for a major economic crash.

[gbh2] 04/6/2020 11:30

Demand varies area to area, a house across from us has just gone on sale priced £80,000 more than I thought our houses were worth and unlike ours, the House across has neither a garage or Conservatory.

[jugears] 04/6/2020 11:25

Sikh, None, Most is new contracts that will run into next year, Some is work that was priced over a year ago that has been delayed for various reasons but has now decided to proceed, Then we have new sites for HB's,The overall view of the industry I am getting is very promising at the moment, But no doubt we will talk our selves into recession like we always do. House sales each year are a very small percentage of overall UK house ownership, Not everyone wants to move house some people like it where they are & want to spend money on it, Extend, Refurb etc & then there are those that want to up size because they can't extend there home or just want to up size or down size, then there are those who buy a new house due to change of job or personnel circumstances, divorce,separation & then there are investors,first time buyers! say what you like having lost 2/3 months the uk has no chance of ever being able to keep up with demand, If you want to purchase a property buy it now because soon prices as going to start going up rapidly IMO, I have been looking at acquiring some more units for rental when I phoned the estate agent this week they have gone up 10k from the advertised price 3 months ago the reason I am told is high demand! The big problem we have is that people pick up on any bad bit of news without looking at the bigger picture, Usually if there is a down turn approaching I get indicators 6 months in advance, Orders start to slow, payments get slower,so far I haven't seen any of this in fact just the opposite.

[doyden] 04/6/2020 10:45

Another doom and gloom merchant for the bin.

[sikhthetech] 04/6/2020 10:32

tlobs
"it's called an extension"

Yes, homeowners doing diy etc...

and those homeowners building extensions etc spending in their current homes as they don't intend to move. You not buying a new home then?

[sikhthetech] 04/6/2020 10:29

Jug,

How much of that increased activity is to build quickly and sell before a 2nd lockdown or consequences of an economic fallout further down the line.

There are increasing red flags to hit the economy later this year. How much it impacts the economy is the unknown.

[tlobs2] 04/6/2020 08:00

Plat.... it's called an extension ;-)

[jugears] 03/6/2020 22:16

tlobs, demand is increasing by the day across all sectors,whilst some may not recover to recent levels for some time, Business activity on my industrial estate has this week surpased anything I have seen in many years, will we see this big recession? No I dont think we will, The country was just starting to move pre covid 19 after several years of stagnation, even during the recession companies produce goods & house builders build houses to stop production for several months imo is going to take hell of a lot of man hours to catch up, in the last 3 weeks my order book has doubled with work running well into next year, whilst some sectors will take longer to recover there will be many companies recording record profits this year,Demand for materials like perspex is so high we are looking at September delivery now, which is a shame as we have large orders for temporary protective screens that we may struggle to forfill

[plat hunter] 03/6/2020 20:06

Hi Tlobs, may I enquire as to why you had building supplies delivered?

[sikhthetech] 03/6/2020 19:22

tlobs,

"I asked the driver from Jewsons if they had been busy and he said that they had been mad busy for the last couple of months!"

I hope you both were complying with social distancing rules whilst shouting at each other... ;-)



I'm looking at the where the markets and economy are heading....
There are so many red flags the economy and stock markets face at the moment...

Do keep backing yourself and keep on buying over next 5 months..... ;-)

[tlobs2] 03/6/2020 16:16

I take it that loser sikhthetech has now left the building ......... ferkin doomm mongering eejit.

I had some building supplies delivered this morning. I asked the driver from Jewsons if they had been busy and he said that they had been mad busy for the last couple of months!

Onwards and upwards lads and lasses :-)

[masterblaster] 03/6/2020 14:57

I have increased my holding recently by trading the share as the share price has been on a roller coaster but feel now is the time to hold for the long term and reinstatement of the dividend.

[gbh2] 03/6/2020 13:44

He says he's going to remove the need for Visas, but then he says all sorts of things that never transpire.