Taylor Wimpey Share Discussion Threads

[jugears] 17/6/2020 19:06

gbh2 any thoughts on the price per share ?

[gbh2] 17/6/2020 18:39

"Sikh what is your problem?"

I know from other threads that he's not stupid or thick so imo it boils down to being ignorant and or arrogant enough to think we actually care about what he posts, after many years he's now on my Filtered list :))

[ducky fuzz] 17/6/2020 18:37

The Offer Price will be determined by the Company at the close of the book building process (please see RNS for additional details). Once determined, the Offer Price available to retail investors will be the same as that offered to institutional investors. DF

[gbh2] 17/6/2020 18:33

The price is set after they see what kind of take up there is, it's all explained on Primarybid's website.

Biggest problem for me was finding the cash to pay up front, I had to raid the house account to get a decent sum.

[ducky fuzz] 17/6/2020 18:30

Hopefully a good move for us too. My late Dad worked for the old George Wimpey & left
me his shares, so I have added a small amount in case we get diluted by this.

I am surprised there is no set price for the offer. Unless I missed it.

[jugears] 17/6/2020 18:27

What happened to busier than pre-lockdown levels..

Sikh I am busier than pre-lockdown levels ,I have not said this about Tw but would say that now they are as busy as pre lockdown, My understanding is that the 500 million is purely for future use, land purchases etc & ramping up production when the need arises, & lets face it sitting on land is better than money in the bank, Look at it further down the line, Cheaper affordable land now bigger profits & dividends further down the line, For whatever reason Tw seem to have had a recent change of heart as to how large its land bank needs to be, I do not think this will impact on when or how much dividend will be paid & still expect a dividend around Christmas.

[inaminute] 17/6/2020 18:20

I've subscribed for some. I have been in this company a long time and I think this could be a shrewd move by them.

[jugears] 17/6/2020 18:12

To support the long term sustainability of the business, and as a precautionary measure given the uncertain outlook at the start of lockdown, the Company took the decision in April 2020 to utilise the Government's Coronavirus Job Retention Scheme. As of 1 June 2020, all employees have returned from furlough and accordingly the Company has stopped its use of the scheme. Given the resilience in trading and strength of the business, the Company intends to return the taxpayer funds utilised from the Government furlough scheme.

The above says it all, I will certainly be filling my boots here. Not bothered what te short term brings TW are one of the best ran companies in the uk, Thinking ahead & boyond that's just my sort of management.

Sikh what is your problem? we all have short term uncertainty at the moment but if you look at everything that MIGHT!!! happen negatively whats the point of living You need to think & plan ahead & take some positives from that, I don't really care what happens in the next 2-3 years I look to the future when Tw will be £5 & the likes of Lloyds will be £2.00 & it will come eventually , Even if it takes 10 or 20 years its still better than money in the bank. Tw. are obviously planning to buy more land for the future & that to me is a very positive & timely attitude, Despite the current climate I only see good things long term here.

[ducky fuzz] 17/6/2020 18:09

I have just put an order in for a few TW. shares via PrimaryBid .. it was very easy.

[khufu1] 17/6/2020 18:02

Jugears I am responding to your lengthy discourse under my assumed name from Charlemagne
I've read your commentary and I must admit, as a representative of the small investors, I was very impressed by what you said. I can only hope you will do one thing for our investors - do not sell you business, else who can we turn to when you're not there?.
TW are suffering from a collection of news (I suspect) from China and the US.
I do hope you will stay on, giving us your thoughts.

[gbh2] 17/6/2020 17:23

sikh, you've turned into a saddo, you need to get out more and get a life

[gbh2] 17/6/2020 17:21

I just put in a bid for the Placing, it's being run through via Primarybid.

[sikhthetech] 17/6/2020 17:12

Jug,

"While at this stage it is too early to resume full guidance, the impact of the lockdown on build programmes will push the Company's Q4 2020 completions into 2021, leading to a meaningful reduction in 2020 volumes. Dependent on Government guidance, the Company would expect improvement in 2021 capacity however this is unlikely to fully rebound to prior levels."

What happened to busier than pre-lockdown levels...

The company says completions will be pushed into next year and even then capacity in 2021 won't fully rebound to previous levels. Doesn't sound like they are confident for this year...



"Notwithstanding the near term ongoing uncertainty for consumers caused by the COVID-19 pandemic and the exit of the UK from the European Union, which may lead to increased unemployment and lower consumer confidence, the fundamentals of the new build housing market remain strong."


Looks like the company also see Covid19 and Brexit as providing short term uncertainty.. The red flags I mentioned which are likely to effect the economy/stockmarket over the next few months...

[its the oxman] 17/6/2020 17:10

Will be slight discount to current price, maybe c.140p and depend on demand. Update sounds positive and i guess the opportunity to generate higher than usual returns from the land they are purchasing is likely to be supported.

[imdtrading] 17/6/2020 17:10

To me it seems they want to finalise more land purchases as they can achieve better margin at the moment.

[inntolife] 17/6/2020 17:09

Well you can knock my hat off and call me Reg......Were has all the cash gone ?

[sikhthetech] 17/6/2020 17:06

Jug/gbh2,

well, well, a placing to raise £500m...

Whatever happened to the cash they want to get rid off by year end and so will have a dividend?

[imdtrading] 17/6/2020 16:53

Anyone has any indication of the offer price for the upcoming placement?

[ftir1] 17/6/2020 11:05

LOL

"Jugs - as with all your posts: straight from the heart. Just think, if you sold business, you'd have lots more time to post on here."

LOL


Or maybe he could learn to read and write.

[gbh2] 17/6/2020 11:01

"27607" Total garbage, how many had you had before posting that irrational tripe, rhetorical, I really don't care :)

[baracuda2] 17/6/2020 08:34

I think he does pretty well now

[m4rtinu] 17/6/2020 07:16

Jugs - as with all your posts: straight from the heart. Just think, if you sold business, you'd have lots more time to post on here.

[1carus] 16/6/2020 23:19

Jug, having started life as an employee, then later started a company... not on your scale mind, but effectively was bought out...
For me, it was never the same, not the controlling party and not the same vision. It's hard to keep your head in it. Retrospectively, the mind set would be better to let it go in your mind at the point of sale and maybe agree to a fixed hand over period. Then drop it. Easy to say, but make sure you are done with it mentally before you sell.