Taylor Wimpey Share Discussion Threads

[disneydonald] 18/8/2020 13:46

Since the COVID impact on the markets, the regulators have deemed that the short declaration level is now 0.1%, until mid September. So there's nothing above that at he mo. Also, whether it be 0.1 or 0.5 they are both small potatoes with respect to a FTSE company like Wimps. Especially, when you consider that in times of volatility many institutional holders hedge their positions rather than sell , so all in all I would say there's no shorting of Wimps at the mo. IMHO, its just that the market see's them as one of the also rans in the sector, rather than a leader. Of course, this could change for the better as we get more reference points going forward.

[gbh2] 18/8/2020 13:00

A public share notification must be made when the net short positions of shares reach 0.5% of the issued share capital of the company concerned, and again at each 0.1% increment after that.

Not very hard to fly under the radar with TW.

[disneydonald] 18/8/2020 12:22

GBH2. There are no short positions in Wimps at the mo. Henderson Global closed their short position mid June, after opening end of Feb. There will be OTC short bets, but these are not visible via FCA reporting mechanism, and are small if any exist that is.

But I agree with the sentiment that Wimps are currently considered the worst of a bad / mediocre bunch. With no shorts then this implies its institutional investors who have a "downer" on Wimps.

I think that PR share purchase has put a floor under the shares, but the market is waiting to see if Wimps can deliver numbers anywhere near PSN's fast start out of lockdown. So, October unless they feel the need to speak to the market beforehand. Plenty time to accumulate if you take a mid term view.

[imastu pidgitaswell] 18/8/2020 11:25

No worries - I'm a patient man (on occasion)...

[gbh2] 18/8/2020 11:23

imatsu, the shares are cheap and numerous making it very easy to short without leaving a footprint.

[sikhthetech] 18/8/2020 11:16

Interesting that PSN have restarted dividends.

They have over £800m so the dividend isn't going to make a huge dent in the cash but will provide some confidence.

[imastu pidgitaswell] 18/8/2020 10:36

Still the most despised share in the sector, by some distance it seems.

One day, Rodney...

[gbh2] 18/8/2020 09:14

Little Krankie rebuilding Hadrian's Wall ;)

[martyn9] 18/8/2020 09:04

A friend of mine works at the offices of hope bulk cement and informs me they are shifting 3000 tonnes of cement a week. Their average pre-lockdown was 1500 so it's being used somewhere!!

[gbh2] 18/8/2020 08:04

psn to pay a 40p dividend, things can only get better :)

[tlobs2] 17/8/2020 10:02

From HL web site earlier today.....



Britons bought and sold a record number of homes between mid July and early August as pent-up demand from the coronavirus lockdown and a desire to leave London bucked the usual summer slowdown, industry data showed on Monday.

Property website Rightmove, which says it is used by 90% of British estate agents, reported the highest number of home sales agreed since it began tracking the data more than 10 years ago, with transactions more than 20% higher than the previous record.

The most recent figures from the Bank of England - which cover June, before July's announcement of a tax break on moving home - showed a sharp rebound in demand for mortgages, but fewer loans were approved than before the pandemic.

"Rather than just a release of existing pent-up demand due to the suspension of the housing market during lockdown, there's an added layer of additional demand due to people's changed housing priorities after the experience of lockdown," Rightmove director Miles Shipside said.

Average asking prices for August - based on data collected from July 12 to Aug. 8 - were 4.6% higher than a year earlier as the normal summer softening in demand failed to materialise.

[garycook] 17/8/2020 00:56

Buffett wants the Markets lower.So he can invest the enormous amount of cash he as hoarded.

[doctor s] 16/8/2020 11:55

HI guys, Please check out GAN on NASDAQ (GAN is a UK SaaS company that previously traded as GAN on AIM but that moved to NASDAQ in May 2020). GAN's Q2 earnings are due 20 August, and they have already exceeded the 2019 earnings as of July 2020.

For more info, please check out the GAN thread on ADVFN. On this thread (in between post from nutters and idiots) there are some very insightful posts from the users daveme, mip55, noujay and molatovkid.

You can also read about GAN on the US forum stocktwits (search 'stocktwits GAN').

GAN is both COVID and Brexit proof, and the exchange rate favours buying US stocks at the moment.

Also, I own 36,000 GAN shares, so I am totally bias, but happy to share the info. Please note that I am not here to ramp, just want to share in case anyone is interested.

[baracuda2] 15/8/2020 10:00

I have my own window blind business and to be honest I can't keep up with the amount of enquires, I'll have to take on more fitters if it continues this way.

[gbh2] 14/8/2020 14:12

Imo the next big move will be linked to Brexit, I hope to have some cash available to take advantage but I don't want to use what's already invested in case the resulting action is very positive.

Even the company that runs our house & living finances is up in the air as to where to put cash atm, so I don't feel to bad about my choices :))

[essentialinvestor] 14/8/2020 14:00

gb, the reason for looking at this atm is find value or risk/reward elsewhere
difficult to see. Expected some more significant equity market weakness
over the summer and I was wrong on that.

[gbh2] 14/8/2020 13:56

Essential, I have my full quota of TW shares atm, my moves at the moment are all link to Spread Betting companies, seems punters simply cannot get enough of losing to these people.

[essentialinvestor] 14/8/2020 13:53

gb, take your point re house sales, on the wider economy though these people
who are yet to lose their jobs are also consumers, so it tends to ripple out.

As mentioned earlier you could make a short tdrm buy case even if cautious on
the wider UK economy,

[inaminute] 14/8/2020 13:49

I think that's the crucial point. TW don't need everybody to be able to afford their houses. Just enough to buy the ones they build. The risk is not as great as some would prefer you to believe.

[sikhthetech] 14/8/2020 13:41

gbh,
How many of those zero hours min paid workers will be first time buyers, currently renting because they are saving for a deposit and planned to use the Help to Buy scheme...

How many are 2nd income earners within the household?

Businesses closing down, so more empty shops and offices..

The govn didn't introduce their support schemes for fun!!!