Taylor Wimpey Share Discussion Threads

[baracuda2] 24/3/2022 09:16

That decline doesn't just apply to the housing market, most areas are down and you know that

[uhound] 24/3/2022 09:07

All that matters is that the "Market" doesn't agree currently that the future for house builders is all good.

Despite house prises at record highs, demand strong, shortgage of houses, etc., the stock since Covid hit has just declined.

[gbh2] 24/3/2022 08:27

My only surprise is that you're still reading sikh's bitter ravings:)

[buywell3] 24/3/2022 02:43

Chart School


Reference chart retracements

In Elliot Wave Analysis Wave 3 is typically 161.8%, 261.8%, or 323.6% of wave 1

Now all you would be chartists have to do is decide which was wave number 1

-------------------------------------------------------

In the chart can you determine the 100% FIB rise ?
Then what a FIB 61.8% drop would be as a share price ?



Fibonacci retracement levels are used in a wide variety of trading strategies.

Many traders and investors use Fibonacci retracement levels for finding potential entry orders or even stop-loss levels.

Most of the trader’s belief is that a support/resistance level backed up with a Fibonacci retracement level has a higher probability of working.

Trading algorithm based platforms/bots use FIB levels which is one main reason they work

Here we see one completed example then going into the present set up



Can you see the completed one and when the buying started at certain FIB percentage levels ?

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All doing worse than the FTSE100



dyor

[boytjie] 23/3/2022 22:25

Give it a rest Sikh ffs. You've been banging this same, nonspecific drum for way too long. Not a single point you've raised is relevant or material to Taylor Wimpey or its share price. It's all just a generic housing market price hypothesis regurgitated from the 70's playbook. With respect, either add some specific value or keep your ramblings to yourself. Your adding zero to this debate and boring us all to fkn death. Move on or up your game.

[sikhthetech] 23/3/2022 18:52

Banks will always continue to lend as it's how they make their money.
They will simply adjust their lending criteria.

It's not all about those potential buyers of new build houses but also the current homeowners who are mortgaged to the hilt or in severe mortgage debt.

Affordability is a major problem for existing and new potential homeowners.

The HtB is for 1st time buyers only and if FTBs can't afford to buy then the housing chain is not longer functioning properly.

[medieval blacksmith] 23/3/2022 17:20

The cost of living crisis mainly affects those who will not be in the market for private property. Even though it affects us all, those who are in the market will cut their cloth in other areas of less importance. The demand for social housing will increase. Those that rent will see opportunity to mitigate living costs through eliminating high rental charges and the working masses will seek to move to areas of good employment with shorter commutes and commute times. Builders are not stupid, they know all this.

The most important issue is whether banks remain willing to lend. I have no doubt they will as interest rates increase their liabilities shift from money market borrowing to their own depositors which reduces risk. What is needed though is a continuation of HTB in some form. I don't believe a market crash is coming like 2008/2009. We are no doubt in an age of deleveraging but that doesn't stop HB making decent profits backed up by very good underlying demographics and trends.

[cupra kid] 23/3/2022 16:53

I would agree in part Sikh however the house builders I deal with give extensive forecasts of workload (for obvious reasons) and I can assure you building houses is still imperative for the UK. A local smaller housebuilder to me has diversified recently in building a lot more social housing rather than top end luxury houses. With a guaranteed purchase you can understand why.

[gaygay3] 23/3/2022 15:07

Rubbish statement 50p in 18months time

[gaygay3] 23/3/2022 15:07

Rubbish statement 50p in 18months time

[sikhthetech] 23/3/2022 14:51

Cupra,

HBs were building homes before previous housing market crashes. They are contracted to do so and those contracts are usually signed months in advance.
Housing shortage, HBs still busy building doesn't prove anything in terms of where the housing market is heading.

There was nothing in today's budget which will change the affordability crisis... taxes going, energy prices surging, fuel prices high..
The huge Govn support provided during the pandamic no longer exists.

[porsche1945] 23/3/2022 13:19

there isnt a housing shortage, there are alot of people who want one that cant afford one but thats hardly news now is it. UK is fxcked, brexit covid putin pathetic energy policy parabolic inflation and high taxes, with wheezing boris bunter at the helm the fat git, it writes itself. You would be better off buying tesla than this hopeless ftse dividend rubbish. .50p in 18 months, njoy the ride down. Interesting to see Persimmon getting wrecked too which is a better company.

[cupra kid] 23/3/2022 13:02

There is still and will be for a very long time a National housing shortage. Material prices go up and down, interest rates go up and down but the national housing shortage will still be very present.

[sunshine today] 23/3/2022 11:46

So another 20% on materials.

The best bit is the house builders just say price rises are covering it.



Lol

[disneydonald] 23/3/2022 11:38

I reckon this is just nervousness, given we are getting down to the short strokes re Gove vs House builders. Supposedly, an agreement should be reached imminently. We will see if Gove acquiesces, or chooses to raise the stakes.

Ultimately, an agreement will be reached.

[baracuda2] 23/3/2022 09:47

You sound very much like sickinthehead, so based on that you're fired and filtered lol, bye

[buywell3] 23/3/2022 08:56

Housebuilders nearly all dropping today as many other sectors rise

IMO fight this at your peril

Rising rates are coming --- again and again and again

The market is starting to price this in but imo are playing catchup with inflation heading to 8% plus and still rising

[jugears] 22/3/2022 22:30

Buy well,fixed priced contracts dont exist anymore, all.prices now are subject to change prior to contracts starting, House builders that buy in large volumes will have fixed prices on most of there supplies & also buy at substantial discounts compared to the, average small builder up to 50 % plus cheaper, basically if the likes of Travis Perkins don't like it then they go else where,spending a billion pounds plus on materials they have the upper hand, even though my products are more specialised we can get 3 times more money selling to a private customer but working for wimpey we are selling in volume which requires a lot less admin/transport than it would selling one offs to jo public.Basically when you supply to the large house builders they dictate the price in return you are generally the only supplier in your field,travis Perkins have individual managers that are dedicated to just one account.

[fenners66] 22/3/2022 21:47

Construction yes , but that's a separate category to house building

[buywell3] 22/3/2022 21:27

The problem with a lot of construction companies is that they can take considerable time to complete

During this time material costs can rise unexpectedly and supply chain issues can add to problems and cause further delays

Clients can ask for different contract quotations at the time of tendering -- for example a fixed price contract or a cost plus uplift contract

Clients that saw the current troubles coming would imo have chosen fixed price contracts and would have scrutinized and dictated any allowed small print clauses

dyor

[disneydonald] 21/3/2022 13:58

@Fenner. “ … the government is aiming to build …”. The last time I looked UK GOV hadn’t built any houses 😃. If Gove keeps playing popular politics with the house builders re cladding he will get less houses built. Rishi should put him in his place, if UK GOV doesn’t want to lose billions in tax revenues from general house sales and related employment taxes.

[25guilderbag] 21/3/2022 08:47

Hundreds of new builds for sale locally. Rather than odd plots being for sale, it's now odd plots that are sold. Total reversal of very long trend.I've just had sale agreed on one of my properties, 5k above 'guide price' of £730k. Agents view is get it sold asap. 22 viewings since listing in December, only one couple under 50 (and local). All other interested parties moving out of London/Home Counties and looking to cash in. I don't get the feeling that 'new' money is entering the market.