Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 11/6/2021 16:54

Do you remember what happened on 9th November?
What did you do then?
And in the intervening months when this rose?

[sunshine today] 11/6/2021 16:43

That chart does not lie.

If nothing else, keep an eye to see if it bounces back next month.

As a rule, higher prices eventually hit demand.

Cheap money just might end, soon.

[imastu pidgitaswell] 11/6/2021 16:25

Right.

Do you remember what happened on 9th November?
What did you do then?
And in the intervening months when this rose?

[sunshine today] 11/6/2021 16:24

If chart 4 is not telling you what’s on the cards here, you might want to see a doctor

[sunshine today] 11/6/2021 16:21

USA homebuyers confidence slumps in May.


This confirms what we noted earlier, namely a record divergence between crashing homebuyer confidence (due to record home prices) and soaring homebuilder confidence (also due to record home prices). Guess which one will matter in the end.

[gbh2] 11/6/2021 14:36

KURDMAM36 11 Jun '21 - 14:22 - 3956 of 3956 (Filtered) for being a ignorant tw*t!

[essentialinvestor] 11/6/2021 13:24

WFL, that's HMG policy, not the fault of the house builders.

[jugears] 11/6/2021 13:16

Yaaaaaaaawn

[wfl1970] 11/6/2021 13:00

HTB being available to all, has only made the problem worse for FTB.

[sikhthetech] 11/6/2021 11:23

Karv1,

"more importantly, the lower-end paid workers need to be able to buy ie the first-time buyers or the housing chain will stall."


That's the point about Help to buy scheme.

Now the scheme is for first time buyers only.

Plus there are regional price caps. So if house prices continue to rise strongly, they are more likely to exceed the ceiling of the price cap. Therefore, ftb won't be able to buy.

[jugears] 11/6/2021 10:04

Karv1, In reality uk plc have not had to borrow millions, All of the sectors that I supply to a part from retail & leisure have had an extremely busy & profitable time in the last 12 months! unfortunately there are plenty of cash buyers for houses & that is what will push prices up, This country doesn't have the ability to build more houses to meet demand & I can see prices going a lot higher before they stabilise, & I think Stabilise is more likely than a housing market crash.

[karv1] 11/6/2021 09:34

I agree the future looks bright for housebuilders with an endless shortage of housing stock and an ever-growing population..
I can not see interest rates going up by much in the near term as many of the UK companies have had to borrow so much that higher interest rates would cause UK plc to go bust even if inflation notches upwards. On the other hand, I think a 25 to 50% rise in house price will not happen, we will hit a balance between the shortage of houses and the affordability of buyers, currently, the average house is around 260k, the average joe blogs earn 30k x 5 150k max borrowing x2 300k max for Mr/Mrs average, not counting part-time workers for families. house prices may go up but I feel we will hit a ceiling point soon unless the BOE lightens up the lending criteria. more importantly, the lower-end paid workers need to be able to buy ie the first-time buyers or the housing chain will stall.

[jugears] 10/6/2021 21:53

With a substantial holding in Tw I am.happy to continue building my investment with cheap shares as dividends, Tw have a very healthy order book long past stamp duty holiday ending ,which confirms my view that people want to.buy houses know matter what,combined with very low interest rates that are very unlikely to increase for at least 2 years & the biggest under supply of houses for decades, as for cladding local councils pass very detailed planning applications if they have any doubts about a material being used then the contractor would be asked to change the spec all hb's will have done due diligence & therefore the manufacture should be funding any replacement failing this it should be local councils,my conversations with people at Tw indicate that there is know onus on them.to.replace it other than a good will gesture, as for leasehold if people are to thick to understand the term l leashold & even thicker not to look up words they dont understand in the dictionary then more fool them,this is what happens when people are in a rush to buy the very few houses coming to the market. unless house building can double production overnight then I just cant see house prices falling & can see them increasing in value between 25-50% over the next 5 years easily.

[peteret] 10/6/2021 20:28

Half year results 4th August.I bet the share price will be back in the high 1.70sBefore then.Bought some more today.

[sikhthetech] 10/6/2021 20:03

Jugears
"Go away in May & come back on St ledgers day, been the same every year for the last 40 years"

If you believed that and the share price was going to drift then why did you buy only couple weeks ago???

It's contradictory views.



JUGEARS1 Jun '21 - 15:49 - 3904 of 3945
That little purchase I made last week is starting look healthy & very pleased with those Tullow oil share I purchased you can't beat long term holding!

[gaygay3] 10/6/2021 19:58

up10

we’re have you been for the last few months

[gbh2] 10/6/2021 19:57

I'll buy more when we hit the old 160p support, not expecting anything here until August/September.

[porsche1945] 10/6/2021 19:44

Always a poorly performing share even by dog of the world index ftse 100 standards. Poor management thats been there too long, the share dilution last year was terminal.

[peteret] 10/6/2021 18:15

Todays rns Taylor Wimpey plc (the "Company")The Company has today been advised of the following share transaction by Jitesh Gadhia (Independent Non Executive Director):Number of Shares Director purchased Price per Share Date of Transaction Jitesh Gadhia 30,000 shares 165.309 pence 10 June 2021 ----------------- ---------------- 50,000 pounds worth of shares that tells you he's confident the company's doing well.

[disneydonald] 10/6/2021 18:03

We need some closure re "cladding" and UK GOV's plans to fund the remedial work. Until UK GOV get off the pot and decide who will pick up the tab, the builders share price will be under pressure until their respective exposure(s), or not, is known. This uncertainty attracts the "hedgies" who stimulate volatility and generally rip the faces off the average retail investor.

Brexit, Leashold, COVID, Cladding ... its been a field day for the professional traders