Taylor Wimpey Share Discussion Threads

[omg48] 12/2/2021 16:24

At least ended the day with a smile.

[martyn9] 12/2/2021 16:21

omg48, get to specsavers tommorow!!

[omg48] 12/2/2021 16:21

Think I'll go to bed now and lie down :-)

[martyn9] 12/2/2021 16:19

That's what i was thinking the spanish operation?
where did you read it omg48?

[omg48] 12/2/2021 16:18

Forgot to add TESCO in post. Sorry embarssaed

[omg48] 12/2/2021 16:16

Or have I read it incorrectly Hic Hic :-)

[imastu pidgitaswell] 12/2/2021 16:15

Taylor Wimpey, £5bn overseas operation?

Must be the Spanish operation...

I wish...😉


(are you thinking of TSCO?)

[omg48] 12/2/2021 16:14

They returned £5 billion to shareholders from sale of overseas operation. Got till tonight to be holding shares for dividend I believe.

[martyn9] 12/2/2021 16:10

omg48, add more water to it!! :)

[omg48] 12/2/2021 16:03

Shareholders overwhelmingly voted in favour yesterday, for the special 51p per share dividend. Did anyone take it up? I was tempted.

[martyn9] 12/2/2021 15:55

Yes jug, unless the architect has appointed a nominated supplier or sub- contractor, it can get complex dependant upon the development.gwa.

[jugears] 12/2/2021 15:47

Martyn9 Yes very true, although in construction the architect will allow the contractor to choose a supplier & most of the time contracts are design & build.

[martyn9] 12/2/2021 15:33

To add jug, architects surely must bear the brunt, they specify the materials?

[sikhthetech] 12/2/2021 15:32

The reputation damage is far greater than the monetary cost.

Same with the leasehold scandal. You can't just throw money at it and hope it goes away.

[jugears] 12/2/2021 15:28

imastu,Its not just house builders its the whole construction industry, Most of these developments were built by the construction industry & not HB's Imo this will have unnoticeable impact on house builders but more of an impact on construction that is noted for its penny pinching & corner cutting to maintain there 1% or below margin!!!! Its funny really though that hb's & construction put forward proposals that are passed by local councils (again the biggest penny pinchers) surely the people that pass these developments & sign them off should be paying? 1.5% or 10% will just go on the price of the development either way so we can look forward to higher house prices in the future.
martyn, other than first time buyers why should the government offer more support?, I have never needed help buying a house & shouldn't think many on here have either. the problem with today's , young & my kids are no exception is that they want everything now the flash car, I phone , designer clothes, netflix, sky, shopping at waitrose, costa etc, IMO you can soon save for a deposit if you put you mind to it, its surprising how little money you can spend just making your own sandwiches & coffee for lunch, driving an old banger that you own & not on finance, shopping at primark & lidl/Aldi . £10 here £50 there soon starts to add up, but they are not taught money management because they have probably never had to go with out!!!!

[martyn9] 12/2/2021 15:00

Stamp duty extended until the end of may, would not be surprised if budget does not offer more support to the housing market.imo

[gbh2] 12/2/2021 14:29

Didn't need a mathematician to work this out.

[imastu pidgitaswell] 12/2/2021 14:25

The announcement on Wednesday that Britain’s housebuilders would have to cough up £2 billion to help fix the cladding crisis hit their shares even though City analysts didn’t seem fazed yesterday.

Charlie Campbell, a real estate analyst at Liberum, noted that “cladding fears look overdone”.

By his calculations, tax is equivalent to only 1.5 per cent of the builders’ profits over the next decade. At worst, it is 3 per cent of their combined profits.

The number crunchers at UBS, the Swiss bank, came back with a similar prediction that the hit to developers “should be less than 4 per cent” of their profits.

Campbell speculated that the tax would most likely take the form of an increase in corporation tax, which would rise to 21.5 per cent for the sector from 19 per cent. He expects that the costs “will remain manageable” and sees the mini sell-off of builders’ shares on Wednesday as a “buying opportunity”.


zzzzzz

[sikhthetech] 11/2/2021 19:26

UK house prices expected to fall as lockdown, stamp duty deadline and job cuts weigh

"Much of the UK property industry expects house prices to fall in the next three months, as lockdown, home-schooling and the end of a stamp duty holiday cool the market."

"A new poll by the Royal Institute of Chartered Surveyors (RICS) on Thursday shows a majority of its member surveyors and estate agents expect prices to fall in the next three months."

[sikhthetech] 11/2/2021 17:16

GP,

I post company/sector/economic newsflow which could impact house builders.
I try and back up my opinions with links.
There's nothing stopping anyone counter my points or posting their own.



Jug,
"current news is old news I am more concerned what the future will bring rather than dwelling depressively on current news"

That's the point, posters on here look at the TU/results, which is old news. The spike in house sales/prices is down to SD Hol, H2B for 2nd homes ending.
I look at the events which will impact house builders/house prices going forward. When there is news, I re-assess. So far I haven't seen anything to change my stance on HBs/housing market.

Next month, budget, SD hol and H2B for 2nd homes ends, furlough ends 30th April.


"so had a little 50k punt tonight that I will hopefully sell at a profit tomorrow"

Another 50k...Looks like you need to hold for a bit longer.

[gbh2] 11/2/2021 10:04

Growth, most stopped caring about sikh's whining long ago, nothing worse than a bad Loser than cannot move on!