Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 06/10/2020 12:08

Apparently, part of the latest three word mantra - Build Back Better.

Works for TW. Could have been Build Bodgejobs Badly.

[imastu pidgitaswell] 06/10/2020 12:06

Boris prat(tling): Per the BBC live text from the online conference:

Mr Johnson now turns to housing.

He says it is a "disgraceful truth" that home ownership levels among younger people has plummeted.

"Millions of people are forced to pay through the nose for a home they can't truly love," he says.

He promises to change the planning system but also says first time buyers will be able to take out a long-term fixed-rate mortgages of up to 95% of the value of the home.

He says it will be the biggest expansion of home ownership since 1980s and promises to turn "generation rent into generation buy".

He then accuses Labour of disliking home ownership.

[tomc85] 06/10/2020 12:03

On the turn, pusing through that downward channel.
Positive news from the press, what can you spend money in a the moment housing that's what!

[bricktycoon] 06/10/2020 09:20

Sites flooded no sales crash time

[bricktycoon] 05/10/2020 21:46

Red day tomorrow time for this dead cat bounce to turn pump and dump by the mms before the real crash towards 50 p

[jugears] 05/10/2020 21:05

Sikh I only bought 3 lots worth 50k so not worth worrying about mate.

[bricktycoon] 05/10/2020 20:07

Jugs gonna loose his shirt on this one sell while u still can penny stock before Christmas

[sikhthetech] 05/10/2020 19:54

Jug
"My investment decision has definitely proven right when I bought 200k below a pound a few weeks ago,"

Yes, I suppose a 10% rise makes up for the repeated buying all the way down from 170p... you've got 1 trade out of many, right. well done. :-)

As far as I can see the share price is 111p and is nearer to 100p than your 170p, which you predicted 6 months ago. lol

[jugears] 05/10/2020 16:08

Sikhly, I have repeatedly said there is know official evidence that anyone has purchased a house because of either, of course people will take advantage of a so called freebie, wouldn't you? I doubt if anyone has ever said to an estate agent, oh I am only buying this house because of help to buy or Stamp duty holiday! Stamp duty holiday ending may slow things down a bit IMO but TBH it needs to HB's are really struggling to meet that demand at the moment & inflating prices is more damaging than paying stamp duty, unfortunately good old UK can only build so many houses a year & I think Covid 19 has blown any chance of meeting any targets for at least the next 3-5 years & less houses means higher prices even if demand wains.


It's nice to have an investment decision proven right so conclusively BY EVENTS. Everyone should read the company/sector newsflow and form their own opinion.

My investment decision has definitely proven right when I bought 200k below a pound a few weeks ago,

[cl0ckw0rk0range] 05/10/2020 15:33

You said 5p, then 35p, and now 50p make up your mind.

[bricktycoon] 05/10/2020 15:01

Massive sells coming in on L2

[action] 05/10/2020 14:43

Big buy. Wow.

[sikhthetech] 05/10/2020 14:38

Jug,

Your posts are in hindsight... You've repeatedly said Stamp Duty hol and Help to Buy have made no difference to the demand for homes and the recent demand wasn't because of them. News articles from estate agents and statements from HB say otherwise and prove you were wrong.

As to:
"I have noticed that his posts have become more & more adamant that if it were not for these 2 factors the housing market would simply crash?"

That's rubbish and you're twisting what has been posted, AGAIN!! The fact is you have been repeatedly wrong and the news articles and HB statements are proof of that.

It's nice to have an investment decision proven right so conclusively BY EVENTS. Everyone should read the company/sector newsflow and form their own opinion.

[sikhthetech] 05/10/2020 14:33

Porsche, conveyancing solicitors/estate agents will always say they are busy. posters will always mention they know a friend who says so and so as it's not in the public domain, so can't be verified.
Just like you obviously would mention shares you bought cheap!!



Another view shows why conveyancing has been busy. and about housing market. Mentions Stamp Duty Holiday and homes selling faster because of it.. the article shows your conveyancing friend is wrong and clueless... funny that.. ;-)


"Since the tax break on homes priced below £500,000 came into force on July 8, one in seven homes has sold within a week of coming to the market.

During the same period last year, one in 10 homes sold within a week."



"However, he warned sellers not to delay too long. “It is still likely that demand will start to soften as it always does towards the end of the year,” he said.

“The conveyancing log jam created by the pause and subsequent market surge means that people thinking of coming to market really need to do so in September or early October if they want to have a chance of completing with enough time to beat the stamp duty deadline.”"


"Jeremy Leaf, principal of Jeremy Leaf & Co estate agent in Finchley, said the market has been busy ever since it reopened in May and this energy has been given “added impetus” by the prospect of avoiding paying stamp duty. "

[bricktycoon] 05/10/2020 14:17

very wet site today footings getting ruined diggers making a mess. no more sales or brand new audis on the drive way this will crash towards 50 p in the coming weeks 2008 x 10 credit crunch imminent

[gbh2] 05/10/2020 14:16

I'm adding to my GSK holding atm, as well as waiting to sell other investments that I feel will offer +5% profit this week

[jugears] 05/10/2020 13:59

Action, I am not interested in 2-3 years these a are long term recovery stocks doubling my money in 5 years will do me nicely.
porsche, I bought Next,Asda,Safeway, Burton's all for around 56p many years ago,
& Travis Perkins & Weir group for a couple of quid in the financial crisis, all good shares have long term value you just have to wait, now is the perfect time to invest for the future imo, I have even bought some other HB's as well recently, we may not be at the bottom yet, but even at today's prices very few will lose out in the long term.
Despite my reservations, Sikhly seems to think that help to buy & stamp duty holiday are the only factors pushing the housing market, anyone would think he is trying to get credit for something he invented? I have noticed that his posts have become more & more adamant that if it were not for these 2 factors the housing market would simply crash?LOL

[porsche1945] 05/10/2020 13:24

@sikh
....actually they were busy right up to covid and as she said the buying has been motivated by low rates not the stamp duty holiday which in reality is peanuts, a few poxy grand, you seen to be desperate to slag building, all the issues you mention are in the price and tbh iv been hearing about easing development laws for years, good luck with that, will be marginal, what the government would like and what local planning laws say are two different things but its an easy cheap soundbite for a government under pressure. I can remember buying barclays at .53 when everyone said the banks were finished, i sold at 3.30 14 months later and earned just shy of 160k, im about making proper money, and these are vvvvv cheap on a two year view. The ftse 100 is a dog index because of brexit but there are a few pearls. End of.

[action] 05/10/2020 13:08

TW used to MM darling and could be 120p plus. Also if there is RI, MM will pump it b4 dump it scenario.

[action] 05/10/2020 13:04

Not sure about RR. no divi in sight for atleat 2 to 3 years.

[bricktycoon] 05/10/2020 12:58

Flooded sites cash running out this is doomed rights issue in jan will crush shareholders remember they've drawn on there banking facility already in March hahah

[jugears] 05/10/2020 12:40

Just bought Rolls Royce, Legal & general & Aviva today, IMO more good quality recovery stocks

[sikhthetech] 05/10/2020 12:16

Porsche,

The housing market is busy due to temporary Stamp Duty hol and Help to Buy scheme.
H2B for 2nd homes and temporary Stamp Duty come to an end on 31st March, less than 6 months.


In terms of the £500m land purchases by TW. They bought before the government announced easing in building on land without planning permission. That should lead to premium land prices falling as the 'premium' for having planning permission will fall if the government goes through with their plans. Also if there is a housing market crash then land prices fall.

Therefore, it could be that the £500m land purchases turn out to be unlucky timing.

[porsche1945] 05/10/2020 11:32

Bricky is special needs, it’s his day off from the adult learning and spelling centre. I have had to explain to him before the difference between their, there and they’re but he still doesn’t understand. He probably voted for brexit too.

On a more positive note, my friend works for a large conveyancing company that deals with all the big builders and she said they are uber busy and have been for months. Across all the building companies. I would look beyond the current UK problems, the present government is very poor which doesn’t help altho the chancellor does seem capable even if he is surrounded by imbeciles, this will be back to 2.35 in 18 months and kicking out a good dividend, just give it time, as I see it it’s a fantastic buying op’. There may be, will be, more turbulence but the recovery will be profitable. The capital raise was smart, it added value by buying more assets, building land, it was not shoring up a balance sheet and therefore diluting. Very optimistic.