Taylor Wimpey Share Discussion Threads

[gbh2] 27/5/2021 13:49

Jugs the company I assist is 60% remedial work for some big names in the industry, the other 40% Refurbishing anything that looks promising (two dwellings on the go atm) plus bread & butter work such as Home Improvements.

[sikhthetech] 27/5/2021 12:54

All adds to the challenges they already face over the next few months.

SD Hol ending next month.
Furlough ending in Summer.
H2B now first time buyer only, with local price caps.
House prices too high compared to avg incomes, so affordability problems.
Several providers not providing the govn guaranteed 95% mortgages for new builds.
Ongoing Leasehold scandal redress.
Ongoing cladding redress.


House price crash...
Anything else??

;-)

[karv1] 27/5/2021 12:51

I agree I think the results are going to be amazing. house prices have gone up like 20% in 2 years average house price gone from 235k to 279k. The price of building materials increased maybe 10% in 2 years, I suspect labor would be inflation-linked. profits of 835m in 2019 this can only go up in 2021. I agree I expect a nice special after 2021 results if I am still holding. My knowledge is only skin deep on housebuilders. Would that 20% rise on property prices maybe 10% after cost. would not just be on the profits but the overall revenue. Did I read that TW returns were like 19% with an extra 10% to 1% extra margins overall would this not equal 100,s of millions extra profits?

[jugears] 27/5/2021 12:47

Bloomberg lol it says it all really hence my comment misinformed!!!!

[imastu pidgitaswell] 27/5/2021 12:46

Which is the same sort of thing - vague possibility, unsubstantiated but plausible, and therefore the sort of thing used to 'justify' a share price fall. Not the first time, not the last time, it's just part of a market that is (relatively) easily manipulated. In this case, sector-wide.

There's nothing you can do other than accept it, it's not going to stop, and join in - take the low prices when they're there, keep taking the profits.

[gaygay3] 27/5/2021 12:42

SP maybe down today as Bloomberg report TW faces repair costs beyond existing provisions

[imastu pidgitaswell] 27/5/2021 12:27

I guess the pessimist (sikh's...) argument is that what you're describing is cost inflation.

Fine by me, it's theoretical and very, very limited on TW (and other builders') finances at worst - and gives rise to an opportunity.

[jugears] 27/5/2021 12:20

The words Extreme manipulation of Tw share price come to mind today, strange really when the company are forward sold well past stamp duty holiday ending with all sites working flat out!, gbh2 most house builders fix price well into the future & some even insure against price rises, All the large builders merchants give preference to stock to large house builders/construction to the detriment of the smaller builders & the man in the street. I am expecting excellent results from Tw when they next report & looking forward to next years bumper special dividend next year, I was talking to a job agency earlier in the week as we are struggling to get extra staff to meet what can only be described as an absolutely calosell order book that now stretches so far in to the future I don't even like to think about it, anyway the lady said that they are struggling to meet demand for staff across every sector with leisure & hospitality being the biggest struggle as people that were made redundant or furloughed have found employment elsewhere, Funny old game this Covid business, I can only attribute today's fall to some very misinformed people.

[imastu pidgitaswell] 27/5/2021 12:07

Had a few; and a few RDW, which if anything is even cheaper.

[gbh2] 27/5/2021 10:39

Total trades yesterday were ca 7 million.

[gbh2] 27/5/2021 10:37

Probably Material costs, I know my lot are increasing prices to cover increases, margins will be squeezed but the work is still pouring in so we've had the best first quarter for years.

[karv1] 27/5/2021 10:23

I wonder how much is in the selling pot near 7 million in 2h20min I can not recall the total number yesterday but it was probably around 4 to 6 million for the whole day.

[sikhthetech] 27/5/2021 10:22

surging costs, to add to the other challenges HBs face over the next few months, one of which is SD hol ends next month. ;-)



Housebuilders warned supply chain may ‘run out’ of timber


"Suppliers to UK housebuilders have warned that a global spike in demand for construction products has put the industry at risk of “running out” of supplies of basic materials."

"The statement said specialists were “running out of materials because the housebuilding supply chain is struggling to hold back the tide of global factors that are far beyond the UK’s control”."

[disneydonald] 27/5/2021 10:11

Seems some algo's were set loose at 0835(ish)selling. One particular algo was selling blocks of 1750 every few seconds or so, which is a little unsophisticated and probably highlighted what was happening, which in turn accelerated the fall.

So, conversely, I would guess that this is a manoeuvre intended to spook the market and trigger stops after yesterdays firm performance, with the intention of reversing in next day or so. Quick look at other similar builders (PSN, Bdev) shows no unusual volume, so looks like just targeted Wimps. Expect a prompt recovery.

[1carus] 27/5/2021 09:36

Hmm, thankfully got my pot of divi from lloyds this week.... think I know where that is going!!

[clarky5150] 27/5/2021 09:31

What’s causing the sector wide sell off today?

[imastu pidgitaswell] 27/5/2021 09:16

It's across the sector - as per the charts above.

For TW. they're having a go at getting it below 170. They might manage it, they might not.

[baracuda2] 27/5/2021 09:15

Just added a few more

[karv1] 27/5/2021 09:11

I have been playing a bit with these shares in the 169 to 173 range, hope it continues but a bigger player is offloading loads today 3.2 million in the first hour very high volume for tw. Unless there is news I have not seen.

[kurdmam63] 24/5/2021 15:42

craftyvixen24 May '21 - 09:21 - 3835 of 3835

Looks like 160/165 in next few weeks, looking to buy 35k at these sort of prices.



Me too, that's for sure. Got £70k burning a hole but will buy at £1.63 only.

[craftyvixen] 24/5/2021 09:21

Looks like 160/165 in next few weeks, looking to buy 35k at these sort of prices.

[growthpotential] 21/5/2021 23:38

Sikh getting owned

[gbh2] 20/5/2021 14:44

omg48, the whole sector is weak atm, but that's not unusual for this time of the year imo.