Taylor Wimpey Share Discussion Threads

[cl0ckw0rk0range] 29/10/2020 13:14

Sikh seems to think that the current housing stock is enough to supply both the private and rental markets.I wonder what happens when there's not enough housing available to rent or buy?Because of course the government is just going to allow housing demand to exceed supply isn't it? But that would just result in the prices being driven up on those available? And to avoid that they... anyone?

[cl0ckw0rk0range] 29/10/2020 13:11

Should appeal to the aquatic market then, and we all know they don't flip around.

[jugears] 29/10/2020 11:51

Sikh there will be a reduced number of first time buyers anyway due to affordability, putting Covid & Brexit aside do you have any idea of the impact to housing supply over the next few years caused by Covid & the recent pent up buying in the last few months ? IMO this country will face the biggest housing shortage seen for decades, with low interest rates people are lucking more & more to buy to let to increase there income & there are plenty of cash buyers like myself out there, IMO the days of young people buying houses are over & renting will be the excepted norm. As DD said the rich will get richer & the poor will get poorer, I expect to see the number of private landlords increase ten fold over the next decade. Still waiting to here about the Millions that are going to be made redundant?

[bricktycoon] 29/10/2020 10:49

99 p coming today this will collapse on imminent asking price collapse and the sites are under water 5 p imminent

[sikhthetech] 29/10/2020 10:46

When businesses fail, unemployment increases, leading to reduced numbers of first time buyers for properties.

Reduced numbers of first time buyers leads to property chains breaking and lower property prices.

Higher debts and unemployment also leads to reduced number of investors
in property.

[cl0ckw0rk0range] 29/10/2020 09:45

What they said||||||V

[imastu pidgitaswell] 29/10/2020 09:37

(Edit - posted in crossing with DD's post. And wot he said, as well)

2258 - to an extent.

Read a little further, noting the authors/owners of the report (an insolvency practitioner touting for business) and you see the definition of 'distressed':

"Significant' distress is those businesses with minor CCJs (of less than £5k) filed against them or which have been identified by Red Flag Alert's proprietary credit risk scoring system which screens companies for a sustained or marked deterioration in key financial ratios and indicators including those measuring working capital, contingent liabilities, retained profits and net worth"

Ergo, a mass of one-person self-employed companies, no longer able to do the IR35 tax avoidance scheme by paying themselves a minimum National Insurance salary and large dividends by way of remuneration. The heart bleeds.

In any event, the irrelevance of it aside, I would suggest the appropriate investment would be in one of the strongest housebuilders with massive liquidity and no debt. Maybe one that has just raised £500m and retained the dividend that was declared (another £500m). And maybe one with a massive working capital movement (over £430m) to unwind against its last set of financial results.

If only I could find one...

[disneydonald] 29/10/2020 09:36

Stevie. Interesting research, I haven’t seen this before. However, this relates to small businesses in general as that is the sector that Begbies operate in.

Unfortunately, and it is likely to be reasonably accurate, that many small builders will struggle to get access to cash to continue. Unlike the large builders who have ready access to cash and land, small builders tend to operate with little or no land banks or cash reserves. Typically they acquire small parcels of land on a loan to loan and project to project basis. This is a tough place to beat the moment.

I expect many will not make it, but that will only reduce the number of houses built and the large builders will fill the vacuum. This will help those large builders maintain margins as there will be less houses reaching the market. Sad but true.

This pandemic is another example as to how the rich get richer, and the poor get poorer in times of financial stress similar to what we are experiencing at the moment.

[stevieweebie2] 29/10/2020 08:54

Interesting paragraph or two about the sector that TW are invested in, for those that are willing to see.

[pander45] 29/10/2020 00:10

You won't see that price.....

[jugears] 28/10/2020 23:14

How can it buy back in when it was never in in the first place😂ԅ14;😂😂;

[cl0ckw0rk0range] 28/10/2020 22:51

Yes it's certainly a buyers market for the patient.

[cl0ckw0rk0range] 28/10/2020 22:50

Do you not mean impeccable or is English not a first language for you?

[baracuda2] 28/10/2020 22:49

Everything is red today so a perfect buying opportunity

[jugears] 28/10/2020 22:48

Sikh I bought RR near the bottom not the day I posted , very happy with my return & the re purchase today as dont feel these will go much lower & will have good future prospects ,had my purchase of Tw at 98p substantially risen I may have been tempted to sell a few, I am not really a trader but have been quite successful this year so who knows I may have to review my long term policy, I still think the long term here looks exceptionally good & that house prices will stay firm due to lack of availability thanks to recent pent up demand & possibly stamp duty holiday exhausting housing stocks that IMO will take at least 5 years to replenish, I have plenty of cash waiting to invest should these drop further, thinks will come good in the end, there are still plenty of orders coming in ot that I need much before 2022 it's funny how things go in a year that has bit little did I think in march that not only would I have the best year that I have ever had in business but have also been lucky enough to buy some really good shares at knock down prices, not sure about the rest but the future for me is looking to by very very rosie & has looked this good for since the financial crisis.

[smartie6] 28/10/2020 22:37

105p and falling. My timing is immaculate.
May buy back in at below 80p.

[gaygay3] 28/10/2020 22:19

Jock3636
Well said

[sikhthetech] 28/10/2020 21:26

Jock, Feel free to post anything to do with TW, HBs, stockmarket or the economy.

or perhaps a meaningless chart

[jock3636] 28/10/2020 21:21

You have been posting this drive since MarchGo away and bully some other peopleYou sad man

[bricktycoon] 28/10/2020 19:51

sheep will be slaughtered here 2008 lows 5p imminent for christmas this will unwind very quickly drawn down on banking facility zero sales flooded sites

[baracuda2] 28/10/2020 16:25

Just bought more. Happy to hold and wait

[cl0ckw0rk0range] 28/10/2020 15:07

Don't forget HSBA

[bricktycoon] 28/10/2020 14:43

Jug your in that deep the missus is about to leave this is going to retrace the collapse of 2008 to 5 p sit back and enjoy the ride or bail up to you