Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 09/11/2020 20:32

Oops, forgot:


free stock charts from uk.advfn.com



Only 55p or so behind now, and PSN update tomorrow.

Manana

[sikhthetech] 09/11/2020 20:30

1carus,
I think it will hold for a few days at least, maybe profit taking later this week - obviously not the long term holders ;-).

The main concern was if Trump filed many legal challenges with prospect of winning.

He may file legal challenges but with the wide victory and many of his own team advising him to concede, I don't think anything will come out a legal challenge.

Not sure about over the next few weeks/months though. I think house prices will start to fall next year, as you can see Jug/gbh were keen to sell their 2nd home.

There's:

CMA investigation into leasehold scandal.
Economic data, unemployment, GDP.
Brexit.
Covid restrictions.
Help to buy for 2nd homes ending 31st March.
Stamp Duty hol ending 31st March
Furloughing ending 31st March
Buy to Let/foreign investors leaving the market.

[jugears] 09/11/2020 20:27

gbh2, I just love running a company & the achievements that come with it, it's hard letting go of my dads company even if it was a one man band when I took over, I have always set out to do a good job to the best of my ability & have a very satisfied work force, I have never advertised & dont have a web site but have always been busy through every scenario the world has thrown at us.with the most growth since the financial crisis,but am starting to feel that the comoany is ready for the next chapter, there is plenty of work out there to grow the company into something even bigger & being part of a larger group will ensure that happens, who knows I may even get more time to follow the markets,Being so busy I didnt even know Tw were reporting today I thought it was later in the week & so did my main contact, whatever happens they are certainly bringing on lot of new sites next year so obviously not deterred by h2b ending on second homes & stamp duty holiday ending as some would suggest. Disappointed that I didnt buy more at 98p but if the likes of sikh bought in at his expected pound even he should be happy with his return,but doubt very much he bought in , like to many greed gets the better of you & perhaps expected these to go lower, it will be interesting to see how much we get as a final dividend,but would expect the first special to be a one of high figure & then back to more normal levels, we will see soon enough, time for bed I have to be up at 4 tomorrow for a meeting in the west country.

[indigocarmine] 09/11/2020 20:18

Reverting to the conspiracy theories eh bricky. Still, must admit it makes more sense than your flooded sites, 5p by Christmas spiel.

[bricktycoon] 09/11/2020 20:02

freak pop so what wonder vacine ready taylor will have no sales coz the vacinne is the whole point in covid mass cull 8 billion to 1 billion in 10 years

[gbh2] 09/11/2020 19:43

Jugs, whatever suits you is the way to go.

I retired at 50, again at 55 again at 58 and finally at 61, job offers stopped when I was 67.

Sixty One seemed a good age and left loads of time to enjoy the fruits of my labours, at least that's what I thought until the passing of years speeded up and those still to go started diminishing faster and faster :)

[1carus] 09/11/2020 19:39

I do hope this holds. We got upto 170 in the summer without rhyme nor reason. (I had missed that boat) Plenty more to be positive about now. Back to £2 for the summer with a bit of luck.

[boozey] 09/11/2020 19:26

Well I thought TW's Trading Statement was scheduled for the middle of the week. Maybe Redfern accelerated it to take advantage of Biden's victory and the associated market sentiment and then got vaccine news thrown in for free. What a Masterstroke! He bought a load of stock a couple of months ago at 120p from memory, so he will be smiling tonight in more ways than one! Along with investors like us who have stood by the company... If Brexit news comes in the next couple of weeks we could have another day like today...

[sikhthetech] 09/11/2020 19:02

Back to placing price after several months of being below it.

Good trading day and opportunities based on favourable outcome to major uncertainties during Q4. As expected.

Without US Elections & covid vaccine news, I think these would probably be around mid 120s mark.

Help to Buy & Stamp Duty hol major factor in the current housing market, even if Jug claims they don't make any difference.

H2B for 2nd homes, SD Hol and furlough all due to end 31st March, so less than 5 months.


TW clearly state govn support and specifically "First time buyers". Housing market needs first buyers. as expected.

On Friday, Redrow said they will beat market expectations, whereas TW have said they will be in the upper range (so not beating market expectations).


Outlook:

"Looking ahead, we expect the market to support robust sales rates and for prices of new build homes to remain supportive. We are pleased to note the Government's ongoing support for the housing market, home ownership and, specifically, first time buyers."


"We have made good progress in the second half of the year to date, maintaining a robust sales rate and building a strong forward order book. Looking ahead, we are on track to deliver full year 2020 results towards the upper end of market expectations"

[millwallfan] 09/11/2020 17:38

IP please don’t judge a book by it’s cover. Similarly jug I rearely post so hardly a repetitive poster lol.

[jugears] 09/11/2020 17:06

gbh2, I am so used to working 7 days a week I would probably drop dead if I retired, that said the offer for my company has increased to such a level that I think now could be the time to move on to something different, I don't really work for the money, my property alone brings in a good income, as you know I am in partnership in a transport company with my nephew this started as a side line but since covid has become bigger than either of us imagined & now may be a good time to join him full time( part time)
Today has been like the good old days of investing, there is something to be said about buying unloved shares that have been hit hard, you only need that one bit of good (but very over reacted) news to turn the markets!
As for weather I thought we were going to experience temperatures of 18 degrees, oh well perhaps the sun was shining down on us today & we just didn't notice!

[gbh2] 09/11/2020 16:49

Jugs, you should be able to put the shovel down now and live off your TW profits for the next 100 years, well done my anonymous friend :))

As for my moves, I have a ring fenced amount of TW and LLOY, but you're correct in thinking I'd be selling some today, three sell orders went through ca 145p, effectively those I bought yesterday ca 120p.


I also shed half my lloyds ca 30p just to keep the day interesting.

Nice to have a good end to what's been a miserable day up here, weather wise.

[imastu pidgitaswell] 09/11/2020 16:23

PSN are up on stage tomorrow...

:-)

[sikhthetech] 09/11/2020 16:11

TW laying off staff in attempt to improve margins...


Taylor Wimpey strips out a group management tier

House builder Taylor Wimpey has launched a £10m cost-cutting plan in a bid to return the business to 22% operating margins.

[jugears] 09/11/2020 16:01

gbh2, I now have 20 plus shares to count!, did you keep tw or sellout at 1.24?

[1carus] 09/11/2020 15:58

gbh2, you've made me lose count, I have to start over again!!

[gbh2] 09/11/2020 15:50

clock there's only you watching & commenting, rest of us are too busy counting profits.

[cl0ckw0rk0range] 09/11/2020 15:40

Is it still trying to get some attention?LOL

[imastu pidgitaswell] 09/11/2020 15:09

You sure you're a Millwall fan?

Far more civilised language and engagement then I used to experience when I attended a few games at The Den, back in the day...

[sikhthetech] 09/11/2020 15:03

Millwallfan,
I said that several times. Jug claims H2B and Stamp Duty hol makes no difference to current housing market and Housing market doesn't need them, even though HBs say otherwise.

I'm sure he will change his mind nearer the deadline.

Don't forgot furlough also ends on 31st March, triple whammy.

[porsche1945] 09/11/2020 14:56

@sikh-the unwanted immigrant

Have you considered euthanasia?

[millwallfan] 09/11/2020 14:53

Jug. Everyone on here very much appreciates your insight and comments on HB in general and TW, but I think taking a reasonably independent and objective view HTB and stamp duty holiday must be having a positive effect on house prices and sales. The critical factor is to what degree and any negative implications IF the government do not either extend or incentives next spring.

[sikhthetech] 09/11/2020 14:51

HL was taking 10-15mins to show trades and balances. I bought some other shares earlier, they didn't show and I thought I hadn't pressed 'confirm'. I ended up buying twice!! Then cash balances weren't updated after trades.

I think HL probably took it offline for the transactions to catch up.
I agree it's disgraceful the platforms fall over at a moment like this.