Taylor Wimpey Share Discussion Threads

[jonwig] 28/7/2020 06:31

the bulls - unbelievable, you'd think!

So assuming pp, they've paid £780 a plot. And their potential revenue of £3bn for this alone is about their total expected revenue for 2020.

Incidentally ... it's an area prone to flooding!

[imastu pidgitaswell] 27/7/2020 20:58

Not that it has any relevance to Taylor Wimpey, but the Arctic Convoys were about Britain sending supplies to Russia to enable them to continue to fight after the Germans invaded - supply of (American) equipment mainly.

Britain avoided starvation not due to those, but because of the Atlantic convoys carrying food supplies from the USA.

Yours anally retentively etc...

[sikhthetech] 27/7/2020 20:38

1carus,
That's my point, during WW2 or any other wars, transport continued, people still went to work..shops were open...

With Covid19, there was a lockdown, where only essential shops were open.

WW2, the enemy was known, Covid it's an invisible enemy.



Even during WW2, millions of soldiers travelled around the world to fight..now ships are in lockdown..

There was a certainty when WW2 ended and so rebuilding the nation could start immediately... When will Covid be history so UK can rebuild the nation???? Nobody knows for sure...
Quarantines/Lockdowns can happen at any time..


Ironically, 1940 Olympics were originally scheduled to be held in Tokyo, were rescheduled due to WW2 and now the 2020 Olympics again due to be held in Tokyo have been postponed..
Strange coincidence...hmmmm..

[1carus] 27/7/2020 17:36

sikhthetech, I think you should read up about WW2. If it weren't for the artic convoys everyone here in the UK would have starved to death. Lives were lost there for a greater cause. German U-boats pretty much put a stop to shipping. I somehow got the impression that freedom of movement was pretty much stopped throught Europe. Can't remember much house building going on, but they seemed to spend a lot of time clearing away rubble, that once were buildings. Work did however continue, even the women had jobs, oh! I think it was all paid for by the government from borrowed monies that the country has only just paid off in the last decade or so. The comparisons people make to this thing and wars is simply pathetic. Sitting in tube station, wearing a gas mask that you can hardly breathe in, listening to an all night bombardment and being afraid of mustard gas and the like. What's happened here with covid is that nations like ourselves have a choice, the government on the whole has chosen to spend a sh!t load of money to protect lives, how well they have done that is another debate, but there is a choice. Something like war, where you have to go to work to make munitions, planes, farm the land etc isnt actually optional unless you all want to be goose stepping. Medically, we as a nation probably understand the virus very well now, there are many streams of discovery for an anti virus and drugs to mitigate its effects.

[sikhthetech] 27/7/2020 11:16

Name me one war which has stopped transport systems globally, stopped economies globally..stopped House builders from working!!!

and needed £blns globally...

[disneydonald] 27/7/2020 10:54

Sikh. You are a few generations out re war. Today’s wars are as much about stealth as they used to be about shooting the enemy with a Royal Enfield 303. Cyber, germ warfare, drones controlled from bunkers deep in the mid west US, this is how wars are fought today. You usually don’t know who the enemy is.

Also, whilst COVID is indiscriminate in who it affects, it only temporarily incapacitates the majority and unfortunately kills the old and infirm.

Also, there has been a mixed response from governments. Some have handled better than others, eventually best practice will prevail and the virus will be less disruptive.

[sikhthetech] 27/7/2020 10:43

DD,

"Just like economies do in times of war once the initial social shock has been absorbed. "

You seem to forget one crucial point..

During times of war, there is a visible enemy, you know who the enemy is and when it's clear that the enemy is defeated then you can plan to recover.


Covid is an invisible killer and is attacks indiscriminately...you can't destroy Covid using conventional weapons or by using sanctions...
The longer the crisis goes on the worse the economic and health situation.

Governments have already spent £blns in only a few months..

As stated several times, still early days, furlough being wound down from next week, then mortgage payment hols being wound down..

[gbh2] 27/7/2020 09:15

Solid business, I'll keep on picking up a few more as and when cash comes available.

[disneydonald] 27/7/2020 08:43

The global economy will push on through this pandemic, with local lockdowns. Just like economies do in times of war once the initial social shock has been absorbed. Patience and a mid term view is required, and avoid getting sucked into the daily headlines and scaremongering. At some point good vaccine related news flow will happen and the markets will turn on a sixpence. That’s when the real money will be made. Just need to accumulate at these prices and wait. We’ve been here before numerous times in the last twenty years, and we always recover sharply. IMHO.

[1carus] 27/7/2020 00:36

Well, I got back in with a significant stake on Friday. 1.30 is fair value, if it goes down so be it. But really did not want to miss the rise when it happens.

[jugears] 26/7/2020 18:57

Sick, not every future home owner has been furloughed, Many millions of people were kept employed during lock down & many millions will be going back to work but you cant blame the banks for doing that whilst there is uncertainty as to who will or wont be going back to work,this is a temporary measure & wont have a long term effect IMO. At the moment the housing market is looking very buoyant where I live, I think we are all in no doubt that the next few months will be a bumpy ride, but I am more than confident that the housing market will recover & happy to keep adding at anything below 1.30 but I suspect that as per usual we will be heading back to !.70 again soon in typical Tw manipulated style.

[sikhthetech] 26/7/2020 16:20

Fears furloughed workers will be unable to buy a new home after Britain's fifth biggest bank TSB lists their salary as just £1

[essentialinvestor] 25/7/2020 20:21

Perhaps the central primary risk factor over the next 6-9 months.

It may not a coincidence this week's data showing COVID cases in Spain and Germany
beginning to tick up again, has corresponded to UK cyclicals starting to weaken.
UK cases may already have hit a summer low. Further widescale lockdown measures would be an absolute last resort imv, particularly with the scale of economic damage already done.

It's not just this sector that would be impacted, multiple others. The last outcome anyone in their right mind
would want.

[sunshine today] 25/7/2020 19:29

Another U.K. lockdown is now very possible, if Covid numbers shoot back up.

That’s not priced in, if it was, you can lop off a quid a share here.

[sikhthetech] 25/7/2020 19:24

2nd wave coming??

Coronavirus: Spain drives fears of European 'second wave'

[sikhthetech] 25/7/2020 19:23

Jug,

Your order maybe busy but it doesn't mean housing market is improving nor has any indication of whether millions will be made redundant...

By the very nature HBs are building months in advance... If there is a sudden change then, like most businesses they are not prepared.

The situation will become clearer when the scale of job losses, mortgage repossessions, recession are known.

Remember the ghost towns from 10-12 yrs ago...

[gbh2] 25/7/2020 08:26

shareday 24 Jul '20 - 21:07 - 329 of 329 (Filtered)

[essentialinvestor] 24/7/2020 20:48

I cant comment on demand for new build residential housing, you would be in a much better position
to take a view on that. Hold a small of VTY at an average of £6.89, so would prefer
if we are not going to hell in a hand cart. Would strongly question any V shaped
recovery thesis though, the coming unemployment hit looks too big for that.

Think what we've seen is some pent up demand from the lockdown which will
wash through over the next few weeks. Better idea of where we stand come September/October. Would also question if government support schemes will end in October, find that difficult to see, at least ending in their entirety. Nearly 500 people applying for 2 £9 an hr jobs in Wimbledon, seems even strange to even type this.

[jugears] 24/7/2020 16:13

Judging by my order book hb's are exceptionally busy, bough a few more this afternoon, £1.70 here I come, nice £30k profit here for me I think, Happy days.

[stewart64] 24/7/2020 15:50

Disneydonald..most of the current liabilities are probably matched with inventories coming up to completion and sale proceeds due.
I do get that we have the housing bears predicting a crash but probably not enough weight given to TW's strong position to weather it.