Taylor Wimpey Share Discussion Threads

[beckers2008] 14/6/2022 09:58

It seems as I was right, again!
120p is too strong on the downside to resist for now?
I, so want 114p but I think this share price is unrealistic, currently?
It might have something to do with the NAV being 125p?
WTFDIK, let's wait and see.

[optomistic] 14/6/2022 08:39

Builders back in favour this morning....

[sikhthetech] 13/6/2022 21:39

BoE interest rate meeting on Thurs.
In May meeting, majority voted for 0.25% increase but minority wanted a larger 0.5% increase. Therefore, likely there'll be another interest rate hike.


From May meeting:
"At its meeting ending on 4 May 2022, the MPC voted by a majority of 6-3 to increase Bank Rate by 0.25 percentage points, to 1%. Those members in the minority preferred to increase Bank Rate by 0.5 percentage points, to 1.25%. Global inflationary pressures have intensified sharply following Russia's invasion of Ukraine."



Watch the supply increase and the demand decrease...

sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
<...>

When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.
;-)

[fenners66] 13/6/2022 21:35

porch good for you.
As you say its the timing.
So why have you spent , what at least the last 12m spamming loads of boards telling them to dump UK stocks and buy US growth.
Clearly you are today acknowledging that view was years too late.
Just a shame you didn't come to that conclusion and save yourself and us from all the spamming.

by the way your +600pc absolutely pales into insignificance when ranked against gains made from some FTSE shares... look em up.

[buywell3] 13/6/2022 20:36

Supply is now rising and quite quickly

So are price reductions

[jugears] 13/6/2022 19:32

Oh porch you do make me laugh but I'm happy to load up around a pound.

[porsche1945] 13/6/2022 19:04

Fenner you web toed scumbag…..depends which growth you are invested in and when you bought it, axxhole. I’m up 600 pc on Amazon because I bought it 11 years ago and almost same on nvidia which i bought in 2016. One thing you can rest assured of tho is this pos is going to under support of 101 and will then tank like a stone with the U.K. property market, economy now back to back quarters shrinking. Love it!! As i dont live in that sxxthole anymore haha.

[fenners66] 13/6/2022 12:26

Funny how porch did not bang on about dumping UK stocks and buying just US growth stocks again , huh ?
Could that be because their overrated paper is down 40% in many cases....and still may have a long way to go before they get down to realistic PE's ?

[beckers2008] 13/6/2022 12:17

CS rinsing and repeating for all their worth but can't get it under 120p which is my medium term resistance on the downside. Upside medium term resistance is 146p.
Maybe 120p is too strong resistance to break?

[rwlly1] 13/6/2022 11:16

Tip of the iceberg, There has been that much funny money propping assets at elevated levels, now it is being taken away you can see what is happening.

[gbh2] 13/6/2022 10:43

The Dullards must be enjoying the recent drop almost as much as the Buyers, topped up this morning :)

[beckers2008] 13/6/2022 10:41

Can CS get this under 120 to my target of 114 with their rinse and repeat algo's?
Let's wait and see as 120 has strong support, wil it fold?

[rwlly1] 13/6/2022 10:13

JUGEARS You may hit your £1 earlier than you think.

[rwlly1] 13/6/2022 04:21

Crytos collapsing, stock markets under pressure, followed by property market.

[beckers2008] 11/6/2022 13:38

S64,

You have failed to recognise the superior build quality in regard to the environment.

Heat pumps, heat recovery technology,triple glazing, superior insulation to all elevations, photovoltaic cells (massively reducing energy bills) to mention a few.

These will come into play from 2025 at the latest but TW. are ahead of the game, take a look at their website for more detail.

These afore mentioned measures will make buying a new build more desirable as running costs will be so much cheaper than old tired second hand homes. Therefore pushing prices of newbuilds even higher as demand increases.

[jugears] 11/6/2022 13:37

Stewart you mean a small regional developer, who probably doesn't have the finances or buying power of the larger developers!

[beckers2008] 11/6/2022 13:20

It is so blindingly obvious to some that house prices are not going to crash, I rent one of my properties which commands £200 pcm more than 2 years ago! If the government continue to landlord bash, then I will also sell at a huge profit. more demand vs supply as below article:

Rents rise further as BTL landlords flee the market.
JUNE 8, 2022 | MARC DA SILVA
Rents across much of the UK have hit a record high as demand from renters continues to heavily outweigh supply, new data shows.

The average rent in the UK reached another record high of £1,103 per calendar month (pcm) in May, up 1% on the previous month, as the supply of homes available to rent in the PRS continues to fall, owed in part to a surge in buy-to-let landlords exiting the market.

When London is excluded the average rent in the UK is now £928pcm, up 9% on last month.

According to the data, rents in the capital have risen to a new average of £1,832pcm – an increase of 6% month-on-month.

Northern Ireland saw the largest monthly variance, with rents 7% higher on the previous month.

Mike Dawson, a director at HomeLet, said: “With continued universal pressure on households, we’re seeing tenants stay in properties for more extended periods. However, as summer approaches, we expect tenants to move at a much higher rate which means average rents for new tenancy agreements will continue on an upward trajectory.

“The rental market plays a critical role in satisfying the UK’s housing needs, and the long-awaited Renters’ Reform Bill needs to strike the right balance by protecting both tenants and landlords. With many landlords already exiting the market, the government’s commitment to legislation will provide the biggest change to rental law in a generation and shouldn’t risk marginalising landlords even further.”

Dawson added: “Whilst managing agents can provide a vital service to landlords as the market becomes more complex, there’s a genuine risk that we will continue to see a decline in the number of landlords in the UK. Ultimately, tenants will foot the bill if the level of stock decreases and demand grows, as we saw with the 2019 Tenant Fees Act.”

[stewart64] 11/6/2022 13:07

I will not name the Developers on a public forum I have a n association with. We are talking sites in North Lincolnshire where completions are coming in a couple of months behind schedule. That is hardly surprising given the shortage in building materials. High demand for labour and materials is not good for the Developer at the end of the chain.

[fenners66] 11/6/2022 13:01

You not going to answer JUG's question where or who then Stewart ?

[stewart64] 11/6/2022 12:55

High demand for goods and services in the construction sector is not good news for the Developer. Your old business has the ability to raise prices and turn down work. All developers are in competition for labour and supplies. Phases that were scheduled for 12 months to completion, may take 14. Input costs may come in 10% over original estimates.

Absolutely agree that the current tried and tested building pratices are the best using traditional masonry build. Every departure in recent history has usually ended in failure/ early demolition.