Taylor Wimpey Share Discussion Threads

[jugears] 19/6/2020 00:22

Sikh do you live in the north ? As you sound like a labour supporter, If so do you think they would have done a better job ? I dont. Why do you keeping harping on about the same stuff what are you trying to achieve? Come what may I am committed to Taylor Wimey & for a very good reason,I am not worried about short term hard ship, whatever happens Taylor Wimpey will still be there at the end of it & still building houses & I will still have my shares, other than dieing what else is there to worry about unless of course you are more susceptible than others in which case you definitely should worry!

[sikhthetech] 18/6/2020 23:14

Jug,

"Last year on this day the country was in huge turmoil would we leave the eu who would be prime minister? "

EXACTLY...and we're in a worse turmoil this year...
increased prospects of 'no deal brexit', is there any confidence in the PM as he's dithering and making mistakes... who will be US President at end of year, will there be a 2nd wave given China are reporting new cases...

Increased Turmoil...

Just today the govn said their test and trace app isn't working...that's disgraceful, given it's now 3 months since lockdown...

[jugears] 18/6/2020 19:14

Didn't get as good a price as he would have if he had sold at 2.30 so wasn't a very good move was it really? Sensible long term investors buy & hold shares we don't trade, markets go up & down shares rise & fall & if you hold long enough shares reach new peaks along the way just like this is in the future, If you seriously think Tw share price has peaked then you are thicker & more stupid than I thought.

[wfl1970] 18/6/2020 18:03

"Redfern's got a big smile on his face today."
Along with the smile from when he sold 2.15m shares back in November...

[russgbinvestments] 18/6/2020 17:42

ftir1

Are you still shorting this share?

[ftir1] 18/6/2020 16:32

Looks like 145p is the new ceiling for the share price, not the floor! I guess today didn't go quite as planned for the many bulls on here. Redfern's got a big smile on his face today. You know he's an illusionist in his spare time.

SELL

[ftir1] 18/6/2020 16:23

lol

If you'd listened to some of that "tripe" a few months back, you wouldn't have lost so much money here!

[gbh2] 18/6/2020 16:20

"I don't see the point of the filter button if you can still see they have posted something."

The Filter ensures you don't have to read their tripe :)

[sikhthetech] 18/6/2020 16:17

Jug,

So you don't agree with low interest rates nor Help to Buy but you think they should stay... lol

How much have the HBs made because of H2B???

[jugears] 18/6/2020 15:33

Sikh I would be more than happy for 10% interest rates but that is totally impractical 2-3% maybe one day. As for help to buy I was never a fan in the first place but I think that it is here to stay now just like low interest rates again something that was irrationally rushed through, Its funny really but the word recession only ever crops up here or in the news, I have a large circle of business associates from all walks of life & through all the trade bodies that we belong to & not one has mentioned anything about recession in fact when I have asked how is business most have said picking up nicely, ticking over or are as flat out as I am but none have commented on any down turn yet, Whilst I don't disagree that we are heading for very uncertain times & could see the biggest recession the country has ever seen the signs at the moment suggest to me that this is unlikely. The government may have pored money in to furlough but it is all taxable money to a percentage & some will be paid back in full so probably not costing as much as people think, A friend of mine was made redundant a few months ago but has been taken back on by the same company but with a different contract & lower pay, I am sure other companies are or might also be doing this to reduce pay & this is why I am taking redundancy predictions with a pinch of salt at the moment until we see a truer picture in say 3-6 months time.

[jugears] 18/6/2020 15:06

Sikh, If we had not had furlough so quick how many companies would have found a solution to continue trading, As far as furlough goes as my accountant said if its offered take it whether you need it or not, some unscrupulous companies furloughed staff that actually carried on working, I know of several round here, At least companies like Tw are being honest & have realised that they didn't need it after all & I'm sure many companies will end up paying it back, Apart from retail & leisure what facts do you have that it has saved millions of jobs ?, There are no official figures yet & won't be for months.

[sikhthetech] 18/6/2020 14:58

Jug,

"Well ran companies are more than capable of surviving given the chance to do it on there own we don't always need interference "

absolutely, I think the govn should abandon the Help to Buy scheme and give the HBs a chance to survive on their own... Who needs govn interference, eh????

and while they are at it, increase interest rates to 10% to help the people dependant on their savings...

It would save taxpayers millions...

You should campaign for it...
;-)

[jugears] 18/6/2020 14:56

Ftir as you are filtered I can't see you post but as it looks like you are commenting again on all of mine then I am honoured that you have nothing better to do, I don't see the point of the filter button if you can still see they have posted something.

[sikhthetech] 18/6/2020 14:54

Jug,

"they need to adopt a wait & see approach first, always in a bloody rush,"

Why didn't TW think about it before rushing in and furloughing staff then? ;-)


The fact BoE or Chancellor took action, setup the Furlough scheme, Mortgage repayment hols etc and nothing major has happened so far, suggests the scheme has saved millions of jobs disappearing a couple of months ago....

Prevention is better than cure...
;-)

[ftir1] 18/6/2020 14:50

WORLD EXCLUSIVE

Jugface to replace BOE governor Andrew Bailey.


You heard it here first folks.






Talk about having a high opinion of yourself, you couldn't make this nonsense up!

[jugears] 18/6/2020 14:40

sikh, Because the BoE are out of touch with reality as per usual act first think later, What effect has the recent interest rate cut had on the economy, none, what effect did reducing interest rates when we voted to leave the Eu, none, The same as the financial crisis when interest rates dropped substantially, none. They have admitted on several occasions that they acted to prematurely, Instead of throwing everything at the economy now they need to adopt a wait & see approach first, always in a bloody rush, you cant keep throwing money around sometimes you have to let the country find its own stability, Well ran companies are more than capable of surviving given the chance to do it on there own we don't always need interference just because some pen pusher in an office predicts disaster.Sikh I suggest you get out out there & talk to smaller business's like mine before you comment, you will find plenty like mine that are busy & taking on extra staff, unfortunately we don't have the voice of the likes of the Airlines,JCB,RR etc so we count for nothing & yet are probably the back bone to the UK economies survival.

Sikh being a property man yourself ? you will know that converting any commercial building to residential is a very costly & long winded process, I should know having supplied to many such conversions across the north for the past 25 years most of which were in Manchester & Oldham about 3 years ago the company i worked for decided to concentrate on new build social housing because there was no money in refurb & conversion work.

Tw. may have there office there but build all around the UK unlike BKG that build in London & the South & now think Birmingham will bring big rewards!

[imastu pidgitaswell] 18/6/2020 14:34

I know - seen similar (actually c300%) on DLAR. I sold out of (a lot of it) it for a second time earlier today, very gratefully. I am now back in for a third time, having noticed that it fell c20% since this morning. On a FTSE250 stock. Always difficult if not impossible to know when to sell.

Mad markets - but lucrative.

[gbh2] 18/6/2020 14:31

imastu, 46% profit on my holding, I'm of the opinion it's burnt out but there's still a health 6% dividend and I'd like to keep some of it.

[sikhthetech] 18/6/2020 14:21

Jug

"However, they said there was growing evidence that the hit to the economy would be "less severe" than initially feared."


It's still worse than your prediction that everything's going well, orders are up year on year and you've never been so busy... ;-)

Why are BoE pumping £100bn into the UK Economy if everything is going so well???. For the fun of it, I suppose!!!!


Btw, TW are a national builder. Their HQ are based in South of England, in case you didn't know...lol

There are thousands of commercial properties going cheap - these can easily be converted to residential...

[jugears] 18/6/2020 14:10

The Bank of England will pump an extra £100bn into the UK economy to help fight the "unprecedented" coronavirus-induced downturn.

Bank policymakers voted 8-1 to increase the size of its bond-buying programme.

However, they said there was growing evidence that the hit to the economy would be "less severe" than initially feared.

That is what happens when you try to make irrational predictions!!!!

[jugears] 18/6/2020 13:51

I see my controversial post has had 5 likes already today, Can we get it to 10 please?

Edit 6 now.