Taylor Wimpey Share Discussion Threads

[essentialinvestor] 01/9/2020 15:08

Bought a small amount back.

The main short term risk I see is building work being shut down if UK COVID
cases rapidly escalate again.

Would hope that is unlikely, however it is a potential risk.

[disneydonald] 01/9/2020 15:03

Could be a small bounce this week if BDEV and BKG guide on the upside. Otherwise ...

[disneydonald] 01/9/2020 14:55

Could be a small bounce this week if BDEV and BKG guide on the upside. Otherwise ...

[ftir1] 01/9/2020 14:43

Down 5.5% on HUGE volume.

Look out, £1.00 here we come.

[jugears] 01/9/2020 14:39

IMO todays fall is totally manipulated to get rid of those weak investors but that bit of elastic pulling down is about to snap, like to bet I make a profit tomorrow selling today's purchase, but then I might just keep them a bit longer.
Ess, hope you bought some more?

[stewart64] 01/9/2020 14:33

Bank of England in full printy mode, UK equities getting destroyed nevertheless and all the free money rushing towards the provincial property market as it has to go somewhere. Still puzzled why TW therefore gets destroyed with the rest, when its likely to be one of the few beneficiaries. We've seen this pattern before in 2003..a provincial property boom with a wrecked Equity Market. Exciting stuff, I guess.

[essentialinvestor] 01/9/2020 14:29

My Friday sale was a little fortunate!.

Chalk that one down to luck.

[jugears] 01/9/2020 14:27

As I suspect these will be up tomorrow I have decided to try my hand at trading with a £20k purchase.

[ftir1] 01/9/2020 13:32

Never mind.

[imastu pidgitaswell] 01/9/2020 13:28

Mmmmm. And some more.

[sikhthetech] 01/9/2020 12:48

1carus,
"the recovery will take some time rather than being V shaped. Any negative news anywhere seems to be spooking the market."

Exactly... too many uncertain events in a very short period of time..

Furlough ends end of Oct, redundancy consultancy is 45 days, so should start next couple of weeks.

I think H2B is flawed and will lead to toxic loans.

Look at the interest rates.. from yr 6, fixed at 1.75% then 1% + RPI (currently around 1%) and inflation is likely to rise. That's just interest with no capital repayment.
That's on top of the regular mortgage payments. The interest on the equity loan is going to be as much as if not more than the interest on the mortgage

[porsche1945] 01/9/2020 12:23

2jugears

What planet are you living on, every other market has been storming ahead, yet the ftse now below 6000 and 1700 points below where it was 20 years ago, pitiful. Unemployment is set to double and any “ relief bounce “ will soon end and will be choked off by the tax rises coming down the pipe imminently, and that’s without the self harming impoverishing brexit fiasco still to come and you think these idiots who have screwed up the covid response to the degree of a third world country and can’t even sort kids exam results are going to salvage a worthwhile deal to compensate for the advantages we had from being in a single market ( the U.K. has managed ONE free trade agreement in 3 years so forget a “ brexit dividend “) Yes I think this will be worse, much worse that 2007 through to 2012 (these hit .18p in last wipeout)

[gambos49] 01/9/2020 11:59

So when is the earliest chance of TW renewing dividend payments .Is it possible we could have a special special before year end or early new year
Or do we have to wait until next april/may

[1carus] 01/9/2020 11:25

One of my biggest down days so far today. A man could get depressed in these times. I am beginning to think that the recovery will take some time rather than being V shaped. Any negative news anywhere seems to be spooking the market. It might take a vaccine to turn everything around. Until then it looks like trying to spot buying opportunities is the thing to do....

[jugears] 01/9/2020 10:47

There is no stamp duty on houses up to 300k for first time buyers who you would think were the main people using help to buy.
Why is uk in dire state, most industries except Tourism,Pubs etc are booming & taking on staff, Markets are going nowhere for the next few months until it becomes clear how many people are being made redundant, Third quarter figures released, TW trading update, plus the fact its a Holiday week & most people are away on holiday.IMO another 2 weeks & the markets will start to go back up.

[disneydonald] 01/9/2020 10:47

Porsche. Well, UK government has always skewed the housing market to a greater or lessor amount, depending on the need to buy votes at any particular time. Before HtB we used to have tax relief on mortgage interest and also on insurance policies linked to endowment products.

Once HtB wound down no doubt the government of the day will bribe the population with some other scheme to get more home occupiers, and votes.

[porsche1945] 01/9/2020 10:37

Great pity help to buy was ever introduced, another stupid idea from the imbecile tories, it has caused market distortion, whenever government interferes in a normal market it ends in tears, theres now this inevitable “ cliff “ with the end or adjustment of it. Much more sensible would have been just cutting stamp duty across the board and would have cost less too. U.K. in a really dire state, the only market falling yet again today. Dont quote exchange rate, pound still pitifully weak, dax up and euro strengthening so its not that.

[jugears] 01/9/2020 10:09

STRONG SMELL ???

[ftir1] 01/9/2020 09:52

Another nail in the house price coffin: -

"Rishi Sunak to hit second home owners with higher taxes."

STRONG SELL

[jugears] 01/9/2020 09:44

penny here, penny there, lol

[imastu pidgitaswell] 01/9/2020 09:11

Jugears - this sort of thing is why some of us do trade it as well as hold (a lot).

I sold a chunk last thing Friday for nearly 124 and bought them back this morning at under 120. I didn't know it would come back down again (so still held a lot) and I don't know that it will not go lower; if it does I will buy more.

It's just that watching it essentially go nowhere (and let's face it it has just rotated around 120 for some weeks now) can be quite frustrating - but if you can make some money out of it - and we do - then why not?

[buywell3] 01/9/2020 09:03

Any general market weakness now and note how the builders take it badly

Fast forwards to FTSE 4000

Covid-19 getting worse from here could IMO do that