Taylor Wimpey Share Discussion Threads

[sikhthetech] 10/8/2020 19:39

and there doesn't need to be a nationwide lockdown for it to affect the HBs... any localised lockdown where there are developments and the House Builder will be affected...

Still early days...

[jugears] 10/8/2020 19:28

Tw price is manipulated up & down, Come the end of September these will be back to 1.70., where have Tw written.down land values ? Land price going up where I live.

[jock3636] 10/8/2020 19:24

I'm going to buy back in this weekIf lockdown hits again tho we are all doomed

[1sjh] 10/8/2020 18:03

In reply to why TW value has dropped more dramatically than others is the right down they have undertaken in their land values of which out of the house builders they have most. IMO the land they have and are purchasing through the recent cash raise is premium land. A current right down of the exsisting land is more a accounting right down than any relevant real world decrease. Evan with the relaxing of planning and consent announcements over the long term premium land will get premium prices. Though its a bit of a punch to for buyers at the 145 placing like me got to really have a eye past the turbulence. TW repaid the government furlough money, no one gets help from government like the house builders. Have to have faith of the long term play and with the cash and the land TW should come back faster and stronger than most. Come 2022 nice big dividneds and share price double its exsisting one, possible and imo likely.

[sux_2bu] 10/8/2020 16:19

No need for the share price to be in double figures. Patience will reward.

[activeservo] 09/8/2020 20:23

30 million people essentially told to 'work or die'. I can't see that going down well once it's sunk in, but the cheap headline will surely quell some of the panic before tomorrow's open.

[essentialinvestor] 09/8/2020 16:58

3. Thats been made abundantly clear.

[activeservo] 09/8/2020 16:25

I see three options:1. Lock down schools = future damage2. Lock down economy= further damage3. Lock down recreational sites (shops, pubs etc) = social unrestWhich are they going to choose?They can't maintain R=1 or less because we are there right now.I wouldn't like to be Boris right now.

[imastu pidgitaswell] 09/8/2020 10:15

We had that debate last week - posts 510 to 520 or so.

I don't think anyone came up with a real reason for the short term lag - long term, probably some of the factors mentioned, geography, margins, management etc, would be reasons why different housebuilders' share prices vary. But short term, over 1-2 months, the only point of difference is the rights issue for TW. For whatever reason, that is being perceived as a negative - for me it's a positive (lots of cash makes it safer) and the development of the price differential is an opportunity.

None of this is to say what will happen to builder shares generally - they could all go down or go up - it is just about the relative pricing.


A picture always makes it clearer:

up to 30 June 2020 - all much the same except PSN, the sector darling:


free stock charts from uk.advfn.com



But from (say) start of July:


free stock charts from uk.advfn.com



As I say, for me, it's an opportunity.

[zac0_4] 08/8/2020 23:20

gambos49 - I take your point! I've looked a little deeper into recent performance. Over the last 3 months Barratt and Bellway are flat whilst Persimmon have delivered a 9% recovery. Taylor Wimpey is down 20%. Over the last month TW is down 15% whilst it's peers are pretty much flat. No idea as to why the discrepancy. Maybe the market knows something we don't!!

[stewart64] 08/8/2020 13:23

Masterrsi....In the middle of a house move and we are slightly ahead on the sale. What seemed like an ideal situation during Covid lockdown ( ie possibly not owning a property at all in between) now feels slightly concerning as prices appear to be rising in the N Midlands. Sell to rent would be a gamble too far, even though I expect prices to retrace come the winter.

Had lost our first chain at the start of Covid, so it's a very fluid situation. House then resold within hours of lockdown ending.

TW should be selling property without trying just now.

[zac0_4] 07/8/2020 22:59

gambos49 - all major housebuilders have seen their share prices decline significantly over the last 6months. Taylor Wimpey -46%, Barratt -38%, Bellway -37% & Persimmon -23%. One of the reasons I'm moving away from individual shares, especially those that pay good dividends. They destroy capital during difficult economic times.

[gambos49] 07/8/2020 22:19

Can anyone explain to me why valuation wise TW have halved in the last 5 months and yet the other main housebuilders in the top 100 have lost nothing TW percentage wise
Thanks

[master rsi] 07/8/2020 17:22

Mini house-buying boom leads to highest ever monthly price - BBC
House prices hit a new all time high in July as the property market gradually reopened, after being put on pause during the coronavirus lockdown.

According to the latest Halifax House Price Index the average price of a home was £241,604 last month, 1.7% higher than June's £237,834.

Prices are 3.8% higher than July 2019.

Halifax managing director Russell Galley said pent-up demand and a lack of available houses had combined to push up prices.

The government's cut in stamp duty had also boosted buyers' enthusiasm, he said.

Last month Chancellor Rishi Sunak announced a temporary suspension of stamp duty on property sales up to £500,000 in England and Northern Ireland.

House prices 'bounced back in July'
How will the stamp duty holiday work?
These latest figures mirror recent figures from the Nationwide Building Society, which showed house prices bounced back in July, climbing 1.7% during the month.

"The latest data adds to the emerging view that the market is experiencing a surprising spike post lockdown," said Mr Galley.

But he warned that while the prospects for the housing market were brighter than might have been expected three months ago, the effects of the pandemic were still creating a great deal of long-term uncertainty.

"As government support measures come to an end, the resulting impact on the macroeconomic environment, and in turn the housing market, will start to become more apparent," he added.

This view was echoed by Anna Clare Harper, author of Strategic Property Review, who said that the Halifax findings reflected current confidence in the economy:

"What we can't forecast is what happens next: economically, and in policy.

"What we can predict accurately is that these two factors will prove fundamental to the future of the UK housing market.", she said.

Another property specialist, Tomer Aboody, director of MT Finance, called on the government to consider further stamp duty relief on properties selling for more than £500,000 as he stressed the importance of the sector to the UK economy.

"Now more than ever the housing industry should be looked upon as the foundation upon which to keep the UK working."

[jugears] 07/8/2020 15:36

gbh2, I'm not frustrated with Tw,I,m only to glad that I have been able to top up with more shares at what I can see as a bargain price,at some point in the future I am going to at least double my money, then I can sell them & put the money in the bank as interest rates are going to double, I should get a good return !Lol

[ftir1] 07/8/2020 13:22

LOL

The UK economy and massive job losses has got nothing to do with it?

I don't want to state the bloody obvious, but you are the loser!

Should have listened to me months ago, rather than Jugface.

LOL

[gbh2] 07/8/2020 13:08

"why is it that TW appears to get the brunt of people's frustrations"

Nothing worse than big losers, paranoid manic depressives one and all.

[martyn9] 07/8/2020 12:30

Agreed essential, all HB's in the same position at the moment.