Taylor Wimpey Share Discussion Threads

[jugears] 30/6/2020 18:57

gbh2, there is also a lot of work now going ahead that has been delayed for the past couple of years due to Brexit.

sikhy 44 houses really ?? out of how many TW build a year !, Why is a fall in completions A. a surprise & B.a problem? Its not really is it? So it may be bumpy for a while, house sales will pick up & so will Tw profits, Whilst the share price is low what is there not to like here BUY BUY BUY IMO. profits may dip or be none existent for a while but profit return very quickly to HB's so long as they are surviving at the moments making any profit is better than none, As you know I own property as well & keep a very close eye on the local property market, Not one has been reduced in the last 5 months but what I have also seen is just how many houses have come to the market in the last month that were not previously on the market & have sold signs already, One house that I have passed on my way to work was only on the market a day before the sold sign was put up, pretty gutted as I always wanted to buy the house & apparently so did several others, Its not all doom & gloom in the property world although it would be nice to pick up some bargains for my retirement fund.

[thebull8] 30/6/2020 18:28

Hmm I disagree with regards to the share price heading north. There is nothing to support a rise in the SP! Nobody is buying at the moment

[sikhthetech] 30/6/2020 18:28

Jug,

"not sure four sites in leicester will make much difference to Tw bottom line. As for London house prices, times have changed, London is know longer a key place to live,"



Redrow's statement regarding fall in completions etc are similar to TW's....

Like TW, Redrow also returned furlough money.


As to Redrow being affected as they operate in London..


So do TW....
TW has 9 developments across London, so they will be affected by house prices falls in London and change in buyer's choice of places to live, in a similar way to Redrow, won't they?

So TW is affected by Leicester Lockdown and similar lack of interest in their London developments as Redrow. This will lead to lower prices for TW in London.




according to their website, TW has 9 development across London:

"44 properties across 9 developments matching your search in London"

[gbh2] 30/6/2020 18:26

Busy down in the Corby area too, still waiting for a couple of council bills to be paid but the workload is much busier than before the Lockdown because people have been waiting at home and looking at new house prices.

[inaminute] 30/6/2020 14:44

You do seem to spend a lot of time looking for negatives on this stock. Why don't you just move on? Genuine question btw

[sikhthetech] 30/6/2020 14:38

Leicester Lockdown:

It looks like TW have 4 developments within the new Leicester lockdown area...

Will they be impacted by the lockdown?

[sikhthetech] 30/6/2020 14:13

"UK economy hit by worst contraction in 41 years"

"It says something that the first quarter of the year was the worst for the economy in 41 years - and yet it was still barely a tenth the size of the contraction in activity in just one month - last April."

[gbh2] 30/6/2020 13:50

"No-one is engaging in debate"

Problem is they are, which gives a sorry loser all the more reason to denigrate those he/she feels should be in the same miserable state!

Treat it as a bad smell and it'll eventually dissipate :)

[sunshine today] 30/6/2020 12:17

The big builders have been holding back land for decades to obtain higher house sales values.
Today they have been put on notice the game is finally up.

[sikhthetech] 30/6/2020 12:08

Boris seems to think 11m people received support via Furlough...

That's a huge increase on the 9m reported earlier this month.
The furlough scheme is being wound down from August...

That's millions of people at risk of losing their jobs.


"He says 11 million people have received support already from the government, with £22bn spent on the furlough scheme."

[sunshine today] 30/6/2020 12:02

I read today’s statement from Boris that land values are about to half.

[sikhthetech] 30/6/2020 11:53

Imastu,

Isn't TW a HOUSE builder then??? lol

Next you'll be complaining about why there's a discussion on Brexit, banks or leasehold reforms...
;-)

[imastu pidgitaswell] 30/6/2020 11:43

sikh,

I really can't be doing a long winded 'where are house prices going' debate, they've been going on for 30 years in this country - can't you take it on to the other thread, or another housebuilder thread. Your view is clear, we get it, and might be right, you might not be, but can you at least debate the specifics of TW. or at least house construction, not the housing market in general unless it's something factual or insightful economics.

The Redrow post, fine, it's news, it's housebuilder related. But the whole issue of house prices in general is just tedious. We're just trying to make some money here, not win an argument which can never be won.

Obviously, you can ignore this, it's a free country, but then it's just going to be the filter...

[sikhthetech] 30/6/2020 11:11

Jug, if there's a lack of interest in London property, it'll lead to lower prices there...

House prices then ripple out from London...

[jugears] 30/6/2020 10:50

Thats London for you

[sikhthetech] 30/6/2020 10:20

Redrow warns of substantial profit hit as sales slump 36%

[jugears] 30/6/2020 09:43

Another company heavily concentrated on good old London, I will stick to TW thanks.