Taylor Wimpey Share Discussion Threads

[10 bobb] 06/1/2021 12:34

Trading update on the 14th, probably looking at:

Top end estimate in terms of numbers
Record forward order book
Increase in average selling price
On target to achieve Savings of £15m achieved by removal of DMD's, office closures, restructuring of office staffing (redundancies) and tighter cost control (screwing of subcontractors)
no mention of leasehold
Optimistic but cautious statement from Pete Redfern "light at the end of the tunnel" vaccine etc, high demand for properties, government assistance, main goal operating margins and the safety of TW employees and customers (COVID)
Return to dividend payment

Share price... 175?

obviously my opinion only DYOR

[sikhthetech] 05/1/2021 10:58

Jug
"Looks like pent up demand for houses is going to surge again"

Why?
Housing market is open during the lockdown. It was only closed during the 1st lockdown March-Apr last year, which resulted in the pent up demand.



Reasons to leave home include:

- Activities related to moving house




You don't suppose they left housing market open as they don't want to extend Stamp Duty hol?


Best to keep up with events. ;-)

[gbh2] 05/1/2021 08:18

My late return home yesterday resulted in an even better afternoon purchase price and my ENT holding increase has covered all my Christmas costs leaving me a good start to the year :))

[clarky5150] 04/1/2021 23:35

.....just saying

[clarky5150] 04/1/2021 23:34

‘There are further reasonable excuses. For example, you may leave home to fulfil legal obligations or to carry out activities related to buying, selling, letting or renting a residential property, or where it is reasonably necessary for voting in an election or referendum.’

[jugears] 04/1/2021 22:32

Looks like pent up demand for houses is going to surge again,Looks like I will be having another record year judging by today's order intake which has already exceeded the whole of last Januarys orders in just one day, did someone mention a crisis????!!!!!

[imastu pidgitaswell] 04/1/2021 20:55

Where people cannot work from home - including, but not limited to,
people who work in critical national infrastructure, construction, or
manufacturing - they should continue to travel to their workplace. This is
essential to keeping the country operating and supporting sectors and
employers.


:-)

[wfl1970] 04/1/2021 17:40

Good recovery... From your morning post Jugears! ;))

[imastu pidgitaswell] 04/1/2021 16:49

PSN pretty good (relatively) today. It seems they still like to kick this, hard.

Had to sell some of the POLY and FRES to add here - difficult to do when they were just going up all day, but fortunately managed to leave it pretty late in the day.

I suspect a dip first thing tomorrow - and will be adding.

[sikhthetech] 04/1/2021 15:47

Jugears, not to worry, you can resort to the hold for 10-20yrs assertion... 50k at 160p to add to your 150k at 170p!!

Look forward to the HBs TU, which I'm expecting will be good updates, as they will show trading before H2B, SD hol.
The important bits will be their comments on H2B, SD hol, furlough ending over the next 3-4 months.

[jugears] 04/1/2021 15:40

Nice little tree shake today as expected,bought 50k for fun to see how I get on trading these. Imo no reason for today's fall other than MM manipulation, Sales still very strong & buy to let market booming, With foreign investment in the major cities busier than it has ever been providing my company with a very healthy additional income stream, at the moment they cant build flats quick enough in London, Manchester & Birmingham.

[imastu pidgitaswell] 04/1/2021 15:23

Ta - adding some back

[inaminute] 04/1/2021 15:20

In Scotland construction will be carrying on

[gbh2] 04/1/2021 15:17

Arrived home half a day early, looks like I missed this morning's low, just a week to update so I'm not planning on any selling atm.

[imastu pidgitaswell] 04/1/2021 14:25

Not clear if a 'full lockdown' means outdoor and construction closes. From the detail, it appears not:

"New laws will require people to stay at home and work from home where possible"

For the moment, it's just in Scotland.

[lostuser] 04/1/2021 13:13

Which way? ;o)

[cupra kid] 04/1/2021 13:12

Priming itself for a breakout in my opinion.

[jugears] 04/1/2021 09:25

A cold dark morning & the first day back to work for many, The markets have opened exactly where I thought they would, but anticipated a steady rise in Tw share price from here.

[omg48] 04/1/2021 09:20

Clarky
Me too, with Brexit finalised and new vaccine being rolled out. Yo Yo this morning from 169 down to 161 and on way back up again. Puzzling.

[clarky5150] 04/1/2021 08:50

I was expecting a better start to the year with the DOW FTSE so well blue. Oh well.

[millwallfan] 03/1/2021 18:14

Re Covid IMHO They should utilise all UK based qualified medics from the army navy and Air Force and set up dedicated vaccine centres in local council sports halls and use the regulars for admin and queue control. This would deliver mass vaccination in the space of max 3 months then rinse and repeat for the second dose. Anyone would think I have a background in emergency planning and disaster recovery 😂

[gnomemash94] 03/1/2021 15:48

Surely 2% for foreigners on house purchases just makes it easier for Brits to get on the hosuing ladder? And Brits buying houses means they will live in them so give life to our cities whilst 2nd homers from overseas only visit for a few months of the year and leave the house or flat empty the rest of the year.

[millwallfan] 02/1/2021 19:22

Jugears. Thank you for a full response. Yes I am doubting lots of things lately but the difference between us is that I love cars and they give me a lot of pleasure as I don’t smoke or drink so cars and cruises are my ‘luxuries̵7;. I am not buying to impress anyone as Audi are certainly not the choice of the ‘jet set’ or attention seekers. Like you I do believe in the medium term value of Tw and would only be selling between 20&25 % of my TW shares to fund what I need. I will hold the rest as you say for the decent dividends and some reasonable capital growth over the next 2-3 years. I have taken a reasonably small stake in PRE & GGP plus increased my holding in SRB to help diversify my portfolio into precious metals having long held a reasonable stake in JLP which is also now flying. Thanks again for your time and thoughts.