Taylor Wimpey Share Discussion Threads

[sikhthetech] 05/7/2020 14:53

Zac,

Good post.
If it works for you then great.
Likewise, good luck.

[growthpotential] 03/7/2020 20:09

Previous market peak pre corona virus was in Feb. My collection of shares is up 3-4% since then but FGT is still down 10%. So I don't think the rule always holds. My approach is for pension/SIPP style wrappers have funds/ETFs and then I'm a bit more adventurous in ISA/trading account so have my favourite single names. Ironically there are over 30+ single names so perhaps it's like my own fund!?

[zac0_4] 03/7/2020 18:10

sikhthetech - you're absolutely correct in that everyone's circumstances are different. I've also come to the conclusion that it's important to protect capital as a priority then look to build on that. To go back to my comparison earlier between TW and the Fundsmith Equity fund. TW has lost 25% of it's value over the last 6 months. Fundsmith has gained 8%. I would now need TW share price to deliver 33% growth just to get back to its level 6months ago, but more importantly it needs to deliver 44% growth from here to get to the level my capital is in Fundsmith. That's another reason I'm looking to continue to move out of single shares into well managed, diversified funds. Good luck.

[jugears] 03/7/2020 17:23

Sikh I have never taken any notice of brokers or there target price, look at liberum Tw were a sell to them from about 80p, They all have there little pet companies, IMO these will hit 1.30 & be back to 1.70 by end of September. I have said before these can test what ever levels they want, any slowdown in house building now will only have a positive effect on profits later down the line when demand for new house will outstrip supply, 5 years down the line & a new house will cost 25% more than now, Even if we see a 25% drop in the near future. I am more than happy to sit on this as will be my best performing stock over the next 5 years IMO, Its interesting how many new housing sites we are negotiating for starting in the next 6 months up 15% on this time last year Its also interesting the amount of companies that are saying turnover is back to or above pre covid levels, this could be short lived but there doesn't seem to be any shortage of work over the next six months to me.What really annoys me are several of my suppliers are struggling to meet demand because some of there colleagues are still furloughed, one company I spoke to said furloughing his staff was the best thing since sliced bread.

[clarky5150] 03/7/2020 16:34

Which broker ftir1? Help us out here where your evidence is for your recommendation

[ftir1] 03/7/2020 16:28

Oh no, I've done it now. We'll get one of Jugface's 1000 word essays trying to convince everyone (and himself) that he's so clever and knows all the answers! LOL

STRONG SELL

[clarky5150] 03/7/2020 16:27

That was sort of my point Jugs. In the meantime the 140 support seems to have breached. Let’s hope 137holds or we may revisit the 120s

[sikhthetech] 03/7/2020 16:23

gbh,

JPM's target price of 150p hardly inspires confidence..

[gbh2] 03/7/2020 16:15

JP Morgan Raises target price to 150p

[clarky5150] 03/7/2020 15:55

Which broker has given that rating please ftir1?

[ftir1] 03/7/2020 15:37

It's a great shame that the "Knitting Circle" on here doesn't listen to alternative views! They would have saved themselves a shed load of money. Never mind.

STRONG SELL

[waikenchan] 03/7/2020 13:55

Just out of interest. Why choose Taylor wimpey over other house builder? I been have a look at the balance sheets of the major house builder. What competitive advantages does tw have over say redrow, Barrett, PSN?

[gaygay3] 03/7/2020 12:26

GBH2
I’m in the same situation as you with Lloyds dog of a share looks like i will have to leave my shares to my grandkids

[sikhthetech] 03/7/2020 12:08

Zac,

Good strategy.

Everyone's personal circumstances are different. They have different risk/reward as well.

Majority of my investments are also outside of direct shares, as I was expecting a stock market & House market crash.. I'm now looking at buying some...

If your style of investing is buy and hold then cyclical shares are not for you.
Have a look at TLY, if you're looking at a 1yr hold.

[zac0_4] 03/7/2020 11:39

sikhthetech - I have a portfolio split 50/50 (ish) between individual shares and investment funds (OEICs). My largest holding by far is in Fundsmith Equity Acc fund. My strategy, over time, is to move away from individual shares and further into funds. From my experience the returns are far better for my style of investing. Buy and hold! As an example, if you'd have invested £10,000 in TW 5 years ago, today you'd have received dividend payments to date of £3,079. However, your capital is now worth £7,277. So a total return over 5 years of £356 +3.56%! If you'd have put £10,000 into the Fundsmith fund 5 years ago, and at the end of each year simply withdrew capital to the value of your TW dividend you'd have withdrawn £3,079 but your capital is now worth £20,599. A total return of £13,678 +137%. My other individual shares produce a similar result to TW. My funds far outperform my shares!!

[baracuda2] 03/7/2020 10:59

Covid won't be around for ever, investing is long term, this is just a blip, this time next year Rodney

[zac0_4] 03/7/2020 10:57

gbh2 - I didn't take any offence from your comments! Good luck with all your investments.

[sikhthetech] 03/7/2020 10:51

gbh
"Only an idiot would have expected House Building to go on as normal during the last few months"

So why is it you, Jugears and tlobs2 have been suggesting that everything is well, houses being sold etc.
Jug claims he is twice as busy as pre-Covid, gaining new customers.

Are you suggesting Jugears is an idiot!!!!

[gbh2] 03/7/2020 10:40

zac, my comment was straight froward and not intended to have a go at you.

As it happens I'm thoroughly disillusioned with my Lloyd's holding atm, I'm sitting on a huge loss compounded by continual buying as the share price dropped, as I wrote above - the wrong moves at the wrong time!

As I also wrote above, I wish you well with future investments PIs can't get it all right, it's in the nature of the beast ;)

[sikhthetech] 03/7/2020 10:38

Zac,

Have a look at TLY - 'Out of Hospital' Healthcare provider.

They are not dependent on Covid19. People still need healthcare, regardless of what happens with the economy.
They have been growing exponentially over the past couple of years.
They recently setup a new subsidiary to reduce hospital waiting lists.

These figures from their TU are for fy2020, March 31st(results due this month):

EBITDA £3.5m-£4m - AHEAD of expectations of £3.4m
Revenue £100m-£120m, below expectations of £120m
Cash: £8.9m

Mcap=£36m


Read the company newsflow and form your own opinion.

[sikhthetech] 03/7/2020 10:32

Zac,

I keep HBs on my watchlist. Despite what some say on here, house prices will fall over the coming months until there is clarity with regards to job losses, mortgage repossessions, Brexit etc.
I don't think the economic impact has been factored into HBs current share price but should be over the coming months.