Taylor Wimpey Share Discussion Threads

[essentialinvestor] 02/8/2020 23:06

JUG, you appear very interested in the daily TW share price.

If your view is long term and you are that successful, why would

the daily TW share price even be worth commenting on?. Something doesn't add up?.

[eeza] 02/8/2020 23:05

Jug won't retire, he likes it too much.

[1sjh] 02/8/2020 22:47

When i retire ? Sounds like like you should be already there... congratulations!!

[jugears] 02/8/2020 22:34

1sjh,I have no doubt I will be very well rewarded here,that's why I have held shares for 10 years.
Sikhy I invest in shares & run my company,whilst I am.no property expert I currently own 16 houses & commercial property, 6 have quarupled in value 2 are worth 5 times more than I paid & the rest are properties that have increased in value by 20-150% all are now either paid for or nearly paid for & owned within the village I live or the town my main factory is in areas that have bought exceptional rewards for me. I do not give a F__K what goes on in the rest of the world or the country for that matter except as far as my tw investment goes. There was never any big surprise that hb's would fall you only need to look back 10 years to see that the sell off in HB's are always way overdone & exaggerated, like wise they always bounce back & will continue to do so, being a high rate tax payer & having made a substantial profit here in the last ten years selling would have had no benefit to me financially, infact selling any shares before I retire would be very costly particularly here as I collect dividends in shares & only pay tax when I sell those shares & have managed to accumulate 4 time plus more than my original investment in dividends, my plan is and always will be to hold & add on any dips & if & when I retire I should get a very nice income from the dividends not that I really need them, I am happy with my 1.20 purchase even if they fall short term I know that I will at the very least double my money ,that's good enough for me I am.not greedy!

[1sjh] 02/8/2020 21:11

Thread smells of panic my average 143 and possibly my biggest stock holding. I have significant investment here.. yes I'm a little let down over the last few weeks.. however let's consider the fundamentals in January we were in a housing crisis we have produced far less homes in a already heavy demand area, no one get government help like the house builders and TW have re paid furlough scheme funds, we have cash and are on the front foot in terms of investing in land opportunities, TW pay great dividends and have a solid revenue and cash stream. That's not going away. If you are not prepared for turbulence then you should not be buying shares right now. Buy more if you can if not like me, sit back dont worry and sit it out this is a long term hold imo. TW raised the cash early unlike others are well positioned now to bounce back hard by jan 2022 you shall be well rewarded

[sikhthetech] 02/8/2020 21:03

anyway Jug,

what do you think about the clear winner of July Stockchallenge helped by the short on TW & IAG.

[sikhthetech] 02/8/2020 21:01

Jug,

"exactly like london full of over inflated flats houses & apartments areas where property investors invest" "Nottingham"

Property investors invest where there are opportunities, nothing to do with just London..

Oh look Chinese investors investing in Birmingham..lol


CHINESE INVESTORS BOOST BIRMINGHAM HOUSING




btw, I don't mind if the TW estate is in Nottingham but can I please have a whole TW estate for £60k as you claimed PLEEEEASSSE?
;-)



You need to read up about property investment and where to invest...
;-)

[jugears] 02/8/2020 20:51

Sikh exactly like london full of over inflated flats houses & apartments areas where property investors invest, areas where supply outstrips demand, Slightly different to a housing estate in Nottingham or any major city where demand is still defying the markets & iny opinion will continue to until the country offers a better supply of houses.Myst admit I didn, know property was so cheap in dubai but then what's the point off having a balcony if you hav know view?

[imastu pidgitaswell] 02/8/2020 20:43

You’re comparing property in Dubai with property in the UK?

Spare me - I don’t know where to start.

[sikhthetech] 02/8/2020 20:30

Jug,

"I would hardly call a studio an apartment!"


You stated that you could buy a whole TW estate for the price of a flat in Dubai, I showed you a link to flats/apartments..
here's a luxury 1 bed apartment with a balcony... for £60k..

Can I please have a whole TW estate for £60k PLEEEEASSSE?
Here's a deal, I'll have 1/2 TW estate for £60k... You keep the other 1/2..
;-)




The fact is Dubai property prices have fallen substantially over the past 2-3 yrs, as expected...

[jugears] 02/8/2020 20:17

I would hardly call a studio a flat !

[jugears] 02/8/2020 20:16

Sikhy theres always one isn't there!not really sure what point you are making? Mostt of Tw purchasers are home owners buying for personal use not investment, with low interest rates, high demand, house prices increasing in value ,stamp duty,relaxing of planning & an imminent rise back to 1.70 what is there not to love about this stock ?

[sikhthetech] 02/8/2020 19:20

Jug,

"Dubai build on spec,here in the uk.most developments have a percentage of dwellings presold of plan"


Not true, In Dubai they do sell off plan as well...
Like UK they also have lots of property investors...





"you can by a whole tw estate for the price of a flat in Dubai."

Not true, you can buy flats in Dubai for less than £100k..


Flat prices in Dubai < £100k
How many do you want??



Can you please sell me a WHOLE TW ESTATE for £100k. I'll have a dozen please. Thanks.
;-)

[jugears] 02/8/2020 19:04

Sikh Dubai build on spec,here in the uk.most developments have a percentage of dwellings presold of plan not only does this gauge interest but also prevents ghost developments.Also a bit of a price difference when you can by a whole tw estate for the price of a flat in Dubai!!!

[martyn9] 02/8/2020 18:59

Announced news tonight,automatic planning permission housing,hospitals etc to take immediate effect,should see a push up north tommorow with the share price

[sikhthetech] 02/8/2020 18:22

Clear winner of July Stockchallenge helped by the short on TW & IAG.

[sikhthetech] 02/8/2020 15:24

Relaxing planning permission won't help... there are already a million with planning permission not yet built...



From the BBC article...

"However, James Jamieson, the chair of the Local Government Association, said the idea that planning was a barrier to house building was "a myth".

"Nine in 10 planning applications are approved by councils, while more than a million homes given planning permission in the last decade have not yet been built," he said.

"Only last week the government's own independent report warned of the worse quality of homes not delivered through the planning system. We urge the government to heed these warnings and not further sideline the planning process.""

[sikhthetech] 02/8/2020 15:06

Imastu,

Relaxing planning permission won't help the people who currently can't afford to buy a home..

Avg house prices need to be about 4-5x avg wages... Home prices are simply too high..

New builds command around 20% higher price, so are immediately overvalued...

If planning is relaxed further then there will be lots of ghost developments...which would lead to further house price falls...
Look at what's happening in Dubai, build build build followed by lots of empty properties and falling property prices as investors have been pulling out...

[imastu pidgitaswell] 02/8/2020 14:38

sikh, that 40% of prior year completions (fairly obviously) is a 12 month snapshot, with the 40% being a weighted average over that 12 month period - it includes a period (pre CV19) of c100% of last year's levels, a period of 0%, a period of anything between 0% and 80%, and (currently) a period of 80%.

For next year, if production remained at 80%, they would expect to sell 80%. Duh...

[essentialinvestor] 02/8/2020 12:44

May be wrong on this but don't see any rush atm, unless you think
wider equity markets are going to rush upwards.

[sikhthetech] 02/8/2020 12:34

The Govn gone from 1 extreme to the other... Relaxing planning rules too much is a recipe for disaster... and could lead to more ghost towns..



TW are operating at 80% production capacity and are expecting to deliver 40% fewer completions... Relaxing Planning Rules wouldn't make any difference.. If TW wanted to build more then they could just increase their capacity.

The article also talks about prices being out of reach for some.. They are simply not affordable..


From their results:
"We are now operating safely at c.80% production capacity and expect to deliver around 40% less completions in 2020, compared to 2019."

[jugears] 02/8/2020 10:06

Add to to that a surge in prices for houses & a surge in demand & Tw are starting to look very over sold to me, I know where I will be putting more money tomorrow.

[imastu pidgitaswell] 02/8/2020 08:02

First story on the BBC website:





;-)

[martyn9] 31/7/2020 21:59

Hedge funds loving this, watch the re bound, always comes as sure night follows day!! Gwa.

[buywell3] 31/7/2020 21:06

Roll over action of share charts in the sector continues

A Property slide is the last thing Banks and Financials want on their plates

dyor