Taylor Wimpey Share Discussion Threads

[sux_2bu] 07/8/2020 08:16

Sub 100p soon

[pander45] 07/8/2020 00:34

No more laughing all the way to the bank for builders with fat margins and a dire product thrown up by the lowest incapable bidder.

[jugears] 06/8/2020 21:37

Sikh on the contrary I would like to buy more property so a softening of prices would be good short term, at the moment I am only looking at commercial property as the rental income to outlay far exceeds houses, I can buy 1000 square feet units for 80-100k & get an 8k+plus return per annum at the moment they are like gold dust to find

[sikhthetech] 06/8/2020 21:22

Jug,

Obviously you want and wish property prices would continue to rise for your own interests..

Too many people can't afford to buy because prices are too high.... The gap between avg wages and avg property is too wide.

Property prices are cyclical and will crash.. A good investor will spread the risk and not depend on 1 asset class... A good accountant would tell you the same...

Help to buy is only helping the HB... Given ftb an additional 'loan' to help them onto the property ladder will only cause further problems down the line..

The sooner the scheme ends the better.

[essentialinvestor] 06/8/2020 20:46

Right to buy was so damaging to the wider housing supply
as the vast majority of those properties were not replaced with new council stock.

[sunshine today] 06/8/2020 19:49

Boris Johnson on housing costs and planning law changes

“English house prices are “way, way too expensive” in comparison with France and Germany, the PM has said.

Boris Johnson said it was “unfair” on young people who were “excluded̶1; from the housing market.”

As I have said previously land prices are coming down 80%.

Not clever, if you have been in collusion with the other big players, to hold back production , for profit. ( More so, as the product you all produce is still sub standard )

Construction works on a 2.5% margin

House builders have been working on 30%

The game is up.

[sux_2bu] 06/8/2020 17:37

Could see 50p here again.

[sunshine today] 06/8/2020 16:15

That’s the best thing any politician has ever said.

At last after 60 years we can get land values back to £10,000 a plot.

[ftir1] 06/8/2020 15:18

Boris Johnson has just said on Sky News that he wants houses prices down!!!

[essentialinvestor] 06/8/2020 14:43

Fwiw think we will have a much better idea of the economic landscape come
Late September/October time. None of us have a crystal ball so lets see.

[jugears] 06/8/2020 14:29

Sikh, Very unlikely, There is premium land & not so premium land for a very good reason, Location, View etc etc, my interpretation is that the government is ramping up relaxation rules to get rid of non desirable land, half off which will go to low cost housing & housing association work & there are companies like United living that specialise in this type of work.

[sikhthetech] 06/8/2020 13:58

disney,

Absolutely..TW are likely to be impacted more than the other HB, either up or down.

If TW have bought premium land, with planning permission, and there's other land without planning, nearby which can be built on then TW's land could go down in price..

[sikhthetech] 06/8/2020 13:55

EI,

Good point.

Of course it would reduce the price of land banks. Land with planning permission carry a premium because of the time and money involved in gaining planning permission. If that time and money to gain planning permission is removed then the premium for it will obviously be removed as well.

However, I must say I think the idea is crazy. They are going from 1 extreme to the other...

[disneydonald] 06/8/2020 13:48

The key issue will revolve around how Wimps existing land bank is, or is not, re categorised into the three new buckets. This may trigger a revaluation of existing land banks, possibly upwards or maybe downwards. As Wimps have the largest land bank of the listed majors then the potential impact is larger on a pro rata basis.

Me wonders if Wimps anticipated this and decided to buy more short term land with existing planning to head off a future issue, which may have reduced their ability to ramp up building more quickly. Hence the cash call.

Time will tell.

[jugears] 06/8/2020 13:43

Essential very doubtfull, relaxing planning imo will not make land any cheaper, this will be land like old factory units not green belt where every one wants to live, imo just another gimmick but may provide cheaper houses in places no one wants to live !

[ftir1] 06/8/2020 13:27

EssentialInvestor

YES

[essentialinvestor] 06/8/2020 13:20

This is a general sector question, do the new planning regulations potentially
Reduce the value of HB's existing land banks?.

There is potentially a hell of a lot more land that could be developed?.

[pander45] 06/8/2020 12:50

Dive dive dive.....

[ftir1] 06/8/2020 12:47

LOL

You're living on another planet.

Is everyone happy with management selling them shares at £1.45 just before the share price tanked again?

LOL

[jugears] 06/8/2020 12:46

sikh I am having a v shaped recovery as are many other companies in different sectors can you be more specific in the sectors you are talking about? Hb's provide a large part of my income & I have orders on that side of the business until March next year & that is a lot of work & some very forward thinking on HB's part in my opinion. The problem with your last paragraph is that the government don't talk to anyone they make there own rash assumption & this has allowed companies that didn't need to financially Furlough staff to do so, Fortunately most companies that want to pay there directors excessive wages & share holders dividends are now paying the money back.. I work across many sectors & all are busy & whilst I am under know illusions that this could end very abruptly, at the moment this is looking very unlikely so plan to enjoy it whilst it lasts, IMO we will see output increase month on month & as long as we keep covid under control I don't see why the economy cant't recover fully.