Taylor Wimpey Share Discussion Threads

[martyn9] 05/6/2020 09:11

Jug a possibility and at this stage a balancing act.

[steeplejack] 05/6/2020 09:11

So the shares are now back to where they were just before lockdown.A rollercoaster ride in which the likes of Jugears emerges with credit and a number of other doomsayers emerge as total wallies.It was ever thus.

[jugears] 05/6/2020 09:07

Martyn9 they might want to get rid of cash before the end of there financial year?

[masterblaster] 05/6/2020 08:50

Of course there will be bumps along the road which will bring out the doom merchants, but overall imo its onwards and upwards

[masterblaster] 05/6/2020 08:46

Taylor Wimpey imo are well managed,stronger,and in a good position.imo if conditions are favourable the s.p.could repeat the rise from the £1.66 in mid 1990's to over £5 before the credit crunch.

[martyn9] 05/6/2020 08:43

Jugears, imo reinstatement of dividends will resume early next year.Possibly starting with a special dividend to reward loyal shareholders?

[craftyale] 05/6/2020 08:34

The news release this morning was good reading and the reaction seems fair. Moved my limit sells up yet again before market open. Pushing 65% from April Fools Day. Sikh, let me know if you stick with your short. This share has a long way to go over the coming years. If another correction comes our way.........buy when others are fearful. GLA.

[masterblaster] 05/6/2020 08:27

Not a time to go short!! Imo £1.75 by the end of June

[jugears] 05/6/2020 08:19

Now what about that dividend ?

[inaminute] 05/6/2020 08:07

Back in April, with all the doom and gloom around, could we have imagined that update so soon? Glad I topped up, but did wonder at times!GLA

[owencoffin] 05/6/2020 08:03

Taylor Wimpey PLC said Friday that construction is progressing on most of its sites in England and Wales as the coronavirus pandemic lockdown eases, and that its order book rose at the start of the year though completions fell.
The U.K. home builder said that along with the majority of its sites, show homes and sales centers are open in England and demand has been strong. Total group completions--including joint ventures--in the 22 weeks to May 31 fell to 2,455 from 4,052 in the comparable period a year prior as site closures hit, the company said.
Taylor Wimpey said its order book continued to increase, and as of the week ending May 31, it stood at 11,228 homes, representing 2.78 billion pounds ($3.49 billion), up from GBP2.52 billion a year prior. Cancellation rates remained low over the crisis, with 5% of the private order book cancelled in the nine weeks from the start of lockdown, compared with 6% at the same time a year earlier.
The company said forward indicators have improved since reopening sales centers, with appointment bookings trebling and a 32% increase in website traffic compared with the same period in 2019. All digital methods are becoming increasingly effective, Taylor Wimpey said.

Write to Joe Hoppe at [e-mail]

[skinny] 05/6/2020 07:05

.

Overview

· Progressing construction on majority of our sites across England and Wales, with Scottish sites now starting preparation for return to construction in line with Scottish Government guidance

· Majority of show homes and sales centres open in England, on an appointment only basis, with a very high level of demand for appointments

· All employees have now returned from furlough

· Health and safety remains top priority and teams are responding extremely well to new ways of working

· Order book remains strong with a healthy increase in reservations made in recent weeks

· Good level of interest in 5% discount scheme for NHS and care workers launched to recognise their significant and continuing contribution during the crisis

· Active in land market, progressing and starting to exchange on a number of sites, with increasing availability of attractive opportunities



Operational update

Construction

We have now restarted construction on the majority of our sites in England and Wales. Our first priority remains the health and safety of our customers, employees, subcontractors and wider communities, and we are extremely proud of the way our teams have adapted to the new ways of working. Our new site protocols have been implemented successfully and the new Taylor Wimpey COVID-19 Code of Conduct continues to receive strong support from our employees and subcontractors. These measures include detailed signage, phased sign-in times, strict protocols for social distancing, modification of welfare facilities and additional customised Taylor Wimpey PPE.

As our teams build experience in working under the Taylor Wimpey COVID-19 Code of Conduct, we are on track to reach meaningful production capacity from the end of June 2020. Our priority however remains scaling up operations in a controlled, safe and responsible way and delivering high quality homes to our customers. Our phased approach prioritises the protection of our customers, employees and subcontractors over the volumes achievable at these early stages.


more.....

[shamus21] 05/6/2020 06:55

Could not agree more CraftyAle
Look at that 3 day move. :)

[craftyale] 05/6/2020 06:04

Sikh,You've opened a short. At what price and how large? Also post when you close. Talk about putting your foot in your mouth. This threads' quality of late has taken a tumble. Could we get back to TW. and making money. Less of the ego and willy waving.

[wfl1970] 04/6/2020 22:47

'it pays to know & keep in with the right people'

It also pays to know & keep out with the wrong people...!

[jugears] 04/6/2020 20:55

Sikh I did say we will see I'm sure Tw employees no more than we do, I started in the industry nearly 40 years ago, as I have grown older so have a lot of my contacts contacts that have gone from trainees to managers,management,directors, even a few CEO's!. The construction industry is a very small industry where you meet the same people time & time again.Many are now long time friends, Don't Just assume that I deal & speak to just buyers & quantity surveyors,Beleive me to survive it pays to know & keep in with the right people. Who do you think attend all of the site meetings at pretender & design stages,The management dont just sit in offices,To be honest the lower management have more idea of how the company is performing than the board of directors IMO.. Most of the staff have shares in Tw & the ones I know know that I have ,so it's hardly sensitive information just general talk & until there is an anouncement one way or another we wont know for sure , My opinion is that having furloughed staff it could be a very sensitive issue & could result in smaller regular dividends followed by larger irregular special dividends only patience will tell us the answers

[sikhthetech] 04/6/2020 18:41

Jug

"Sikh, If site talk is anything to go by we will see the re introduction of a dividend by the end of the year"

wow, did the BoD have a meeting on site or is that wishful thinking?

Do they normally discuss such price sensitive information at sites?

[gbh2] 04/6/2020 16:56

That's good to hear, that should put some icing on the Christmas cake :)

[jugears] 04/6/2020 16:43

Sikh, If site talk is anything to go by we will see the re introduction of a dividend by the end of the year, I here they want to reintroduce it sooner rather than later, but we will see !

[sikhthetech] 04/6/2020 16:31

"I've modified the house to meet our long term requirements."

So you recently bought a house and then quickly modified to meet your long term requirements... lol

Most people who downsize buy a house which meets their long term requirements...





"why are you posting on here?"
Why are you posting here?


Anyway, given your comments... I don't normally short but I have now taken a short position here..

Keep buying tlobs2... let's see what happens towards end of the year...

[tlobs2] 04/6/2020 16:20

I've modified the house to meet our long term requirements.

Less bedrooms, more large downstairs rooms for big Sunday roasts with the family.

If you are not long and not short why are you posting on here? I think you are telling porkies if I'm honest ;-)

[sikhthetech] 04/6/2020 16:11

tlobs2,

"sikhthetech we recently downsized after three of my four children bought houses. "

Why downsize and then build an extension???

It's laughable when posters think anyone only posters with a position must post.



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

There were lots of buyers just before previous price crashes.. they then were in negative equity..


Keep buying tlobs2 ..
I'm not short but I'm now tempted ...