Taylor Wimpey Share Discussion Threads

[essentialinvestor] 25/9/2020 13:43

Little difference between a constant negative poster and those who object
but keep responding to that person. Filter function is there for a reason.
Complaining about posts when you don't need to even read them is ridiculous.

[sikhthetech] 25/9/2020 13:34

active,

Yes it is just dragging on. Too much dithering and the government is talking about 6 months of restrictions.

I didn't see anything in the emergency update by the Chancellor to extend the Stamp Duty Holiday or HelptoBuy for 2nd homes. The emergency measures will help save some jobs but not all.

With planning permission changes, end of Stamp Duty Holiday and Help to Buy for 2nd homes ending in 6 months, it's going to be very uncertain over the next Qtr. And that's on top of Brexit, US Presidential election, China tensions.

[cl0ckw0rk0range] 25/9/2020 13:29

So do you lose track of what login ID and persona you are using sometimes? Like if Phil has phoned in sick and you have to cover his troll accounts, is there a shared pool to choose from in the morning?

[cl0ckw0rk0range] 25/9/2020 13:27

The more people are being tested the more results are going to come back as positive. The mortality rate hasn't suddenly leaped up which means that people who are getting it aren't being affected that badly. That or the tests don't work.

[activeservo] 25/9/2020 10:07

They need to let it crash so we can move on. It's just dragging. What's next, "50 million tests per day!"? I suspect over the weekend it'll all be about how the "restrictions are working!" to distract the the public from the actual facts, looming unemployment and major recession.I think I might buy in for a quick Monday trade.

[activeservo] 25/9/2020 09:45

So crunch point, what fake news are Rishi and Boris going to rustle up now?

[jugears] 25/9/2020 09:05

Builders merchant sales show strong v shaped recovery, not that I need to be told that!

[gbh2] 25/9/2020 08:41

Good move Matt, as long as you're not in a hurry it should literally pay dividends :))

[buywell3] 25/9/2020 08:18

Yesterday it was interesting to see the whole HB sector up together

Perfectly timed as in a concert like

[bricktycoon] 25/9/2020 08:05

cold morning on site bro sales 95 p today sell

[thorpematt] 24/9/2020 20:15

I bought back in today - probably a tad early. We'll see...

[jugears] 24/9/2020 20:06

SIKH These days we operate 1/2 a dozen cnc machines which are a considerable investment but highly productive & extremely cost effective, what used to take days or even weeks now takes hours , the down side to this is you need little man power, I'm fully aware of employment laws thanks but never had to let anyone go,& thought we are talking about only companies with over 100 staff ?

[cl0ckw0rk0range] 24/9/2020 19:44

?The house market is booming because of the temporary Stamp Duty Holiday and Help to Buy scheme?That?s very misleading of you Sikh.You should know better than that.

[sikhthetech] 24/9/2020 18:48

Jug

"the government are not interested in companies like mine that only employ 20-40 people"

So you run this huge company, busier than you've ever been in years, supplying many companies but you only employ as many staff as a tiny company like a local restaurant.. lol...

Btw, redundancy consultation period applies to employers with 20+ employees. You should know that.

[essentialinvestor] 24/9/2020 18:33

p1, it's an interesting observation and one I could not answer or offer any
insight in to.

In any case what is weighing on the sector atm is COVID.

If you look back to TW nudging 1.70 in June, that corresponded
to some (incorrect) optimism that either the virus would burn itself out,
or a vaccine would be available by this autumn.

[sikhthetech] 24/9/2020 18:31

EI

"it should be clear by January, possibly December."

Agree, Q4 onwards, which starts next week onwards..
The emergency update by the Chancellor TODAY was to try and reduce the number of redundancies when the furlough scheme ends at end of Oct, given there are still 3m on the scheme.

The consultation period for large companies is min 45 days, so many would have started last week. Therefore, there wouldn't be any announcements until the consultation period is ending


The question is how many jobs will be saved by today's emergency update by the Chancellor?

[p1966] 24/9/2020 18:24

EI, you are absolutely right, it's not long to wait, besides I'm sure most people are in TW. for a 3 years plus timescale. I could have made myself clearer, as I was agreeing with Jugears, 'why have we still not heard about all these mass redundancies in the millions' - because the actual figure for large employers (March - September 2020) appears to be under 200k.

[essentialinvestor] 24/9/2020 18:11

fwiw OBR see UK unemployment near 9% by the end of December 2020,
making the BOE forecast quite optimistic.

[cl0ckw0rk0range] 24/9/2020 17:28

Translation?

[cl0ckw0rk0range] 24/9/2020 17:27

"The house market is booming because of the temporary Stamp Duty Holiday and Help to Buy scheme"That's very misleading of you Sikh.You should know better than that.

[essentialinvestor] 24/9/2020 17:04

Pretty pointless arguing the toss about unemployment as it should be clear
by January, possibly December.

[p1966] 24/9/2020 16:46

An article in the Daily Mail on 8 September 2020 (online edition, so I can't provide a link) indicates 191,069 potential job losses - as announced between 23 March and 4 September 2020. This will be for major employers only.

[jugears] 24/9/2020 16:19

Sikh, In case you don't understand the deadline for redundancy consultation for any company wishing to make more than 100 staff redundant when furlough ends was last week, so why have we still not heard about all these mass redundancies in the millions? I am assuming that only certain sectors like Leisure/tourism will get help anyway as most sectors are now working flat out in particular the building & construction industry.
I still have to disagree that stamp duty holiday & help 2 buy on second homes ending will have the major impact that you believe, there are know official figures that say a person has only bought a house because of either of those factors being in place, IMO a lot of people have delayed moving in the last 18 months due to change of government & indecision on leaving the EU, & some may have put plans on hold due to lock down & furlough & these would be purchases could delay until next year, but lock down does seem to have helped people to evaluate there lives & created a substantial current housing boom, further lock down could further exasperate this IMO & push house prices & sales even further.

[clarky5150] 24/9/2020 16:14

Bit of a shame today. Was hoping to stay in step with the other HBs