Taylor Wimpey Share Discussion Threads

[fenners66] 23/6/2022 23:15

Troll keeps reproducing the same - lower than average figures for the last 20 years - it actually weakens his argument - see the previous Government published stats - because he wants the full 10 minute argument , any argument.

[jugears] 23/6/2022 21:44

Can you give that gramophone a kick, it seems to.be stuck again, ground hog day must have been your favourite film, perhaps if you read your posts back you might realise how desperate you sound,nothing is certain on life has covid taught you that?

[sikhthetech] 23/6/2022 20:43

Uhound,

Increase in mortgage rates, base rate increases so interest on credit cards increasing, energy prices up 300%, tax increases, fuel now around £2 a litre, food prices increases..


evictions legal again, court cases restarted..

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.
;-)

[jugears] 23/6/2022 19:04

uhound, fixed rates are more popular than ever & doubt for one minute that you would know how many people are or are not coming off fixed rates, so most trades people(subbies) earn around 1k a week, mr postman about 40k a year, you only need to look at the job market to see that there are millions of well paid jobs & just for the record I don,t give a f--k when you or anyone else chooses to buy I am extremely happy with all of my long term investment decisions, I have a share that will be worth at least £3.50 plus in ten years what is not to like about that? just because like most people you cannot see out of that little box in to the future, Any slow down in housing now will result in bigger demand later unfortunately by then there will be no hope of hb's meeting that demand & house prices will double, profits will double & so will the dividends, there is a lot of future growth to come in this stock, unfortunately the impatient will miss out big time IMO but I wont because I invest for the long term, you will know if you have held the same share for years that you get good times & bad but holding for 40 years you will always see your shares going up as all of mine have done.
I always think that if you are not confident enough to see the potential of a share & prepared to commit to it long term the you shouldn't be investing in shares at all, if anyone on this board who thinks that anything below £1.60 is not a bargain here shouldn't be investing either, I have had many share over nearly 50 years investing that have fallen substantially & then recover, I never sit there panicking thinking I should have sold them & why would I ? when I only invest in good quality stock. TBF most of my shares have only ever fallen due to market over reactions about world events.I have just seen these are opportunities to add more cheap shares,Here is a thought, do you ever wonder why there are so few Warren Buffets in the world?

[uhound] 23/6/2022 17:57

A lot of people coming off fixed rate mortgages this year and next - a lot of people took out big mortages too to buy expensive houses. They earn good money, but a 2/3% increase on a 400/500k mortgage is a lot of extra money to find - especially with other costs rising?

No one seems to be too concerned with an increase in unemployment which I can see, as businesses fold due to a general downturn/slowdown in spending. Some would say there are plenty of jobs out there now, but not well paid jobs!

Anyway - the point is the TW price HAS declined big time and for me it looks like it will stay down for some time yet, so now may not be the best time to be buying. Sure long term they should be OK, but IMO I'll wait for now.

[beckers2008] 23/6/2022 17:54

Jugears,

Sick hasn't a clue how the housing market works, he argues in minousa nitpicks.

Sick doesn't know the difference between the BOE base rate and the bank to bank lending rate!!
He has Zero credibility and he is an idiot, lol, just lol!

Meanwhile, local councils across the UK have started to process and pay the rent for our Ukrainian friends in private landlord properties on a standard 12 month with 6 month brake clause contract. They pay the rent once they find work.
A family of 4 is moving into one of my friends BTL in the second week in July.
It's fantastic that they can settle into the UK and make it their home, let's face it, there is nothing left where they have come from. But at least they can start again.

Yet another pressure point on supply vs demand, plus population increase, ONS will need to adjust their figures materially upwards.

I spoke with my estate agent friend today, his words were, 'the market is roaring ahead and houses are being snapped up with best and finals.

Housing crash, yeah right!

[jugears] 23/6/2022 17:14

Sikh I only tell you when I buy not sell, rember I do also trade a few now not that I would call 10k loading up,maybe that's a lot to you? But it certainly not for me, The only indicators of a housing crash are higher interest rates & higher inflation, that is no no gsurantee, we have been here before, The markets & news papers always over estimate situations ,I prefer the wait & see approach, it's very difficult some times not to keep a level head but that's what you have to do, yes it will knock a few buyers out of the markets temporarily but they will return, The Gov & BoR have 2 options really, put interest rates up rapidly & support the pound bringing the country to a grinding halt (Imo we will need to see at least 10) or take a longer term approach & raise interest rates slowly, allowing people time to adjust which I believe will happen,As for a housing slump I just dont see enough housing coming to the market,I can definately see sales slowing slightly, but most people up to now will have fixed price mortgages these days so dont see rates effecting buyers up to this point, then you have to remember there are millions of people that own houses mortgage free & the fact that there is still historically few houses coming to the market, never expect the expected I always say.

[sikhthetech] 23/6/2022 16:58

spawny,
ghh in his post #7343 stated that directors bought...

"Only c. £25K each but still an obvious sign that they can't see an imminent crash."
My reply to him was questioning why is it an obvious sign of no housing crash to which he changed his view...lol

And yes, directors can buy(and sell) for any number of reasons including trying to sway naive/gullible PIs. As I said it's no different to Jugears buying in 10k lots at 10p drops from 180p. He also claims to have 'invested 500k' in TW but has been proven to be completely wrong, hasn't he? He's investing for the long term, so directors might be thinking along similar lines. It doesn't mean there won't be a housing market crash...

Has Blackrock buying made any difference?

[spawny100] 23/6/2022 16:45

You sometimes make some reasonable points sikh but that's a completely ludicrous one. You seriously think Directors will throw half a million quid in when they think the price will go down just to lure people in? That's crazy.

[sikhthetech] 23/6/2022 16:41

oh so you admit it's not obvious sign!!!! lol


Directors could be buying for any number of reasons including hoping to persuade naive and gullible investors to buy in so to prop up the share price

;-)


How's the buy back going?

[ghhghh] 23/6/2022 16:32

Also the directors of Berkeleys have bought getting on for £500K of stock today.

Clearly they can't see a crash (explanation for the thicker trolls - otherwise they would have waited till after the crash and bought much cheaper!)

[sikhthetech] 23/6/2022 16:09

Why is it obvious sign of no imminent crash??? Like you're other posts, it's only your assumption with zero evidence. Has Blackrock buying made any difference???? No... as expected then..;-)

My opinion has been consistent and I've not been worried at any point. The sector newsflow has been as expected...


Jugears has been loading up 10k on 10p drops from 180p.... it didn't stop the share price from falling, did it?? It just shows he's clueless about the HBs and housing market.
;-)

[ghhghh] 23/6/2022 15:55

I've only just noticed that two director bought shares yesterday. Only c. £25K each but still an obvious sign that they can't see an imminent crash.

[beckers2008] 23/6/2022 15:53

Sikhthetech,

You don't even know the difference between the BOE base rate and the bank to bank lending rate!! You are a proven fool!

You have Zero credibility and you are an idiot, lol, just lol!

[sikhthetech] 23/6/2022 15:15

ghh,

There are enough indications that there is to be a major crash.
The fact you can't see them doesn't mean they don't exist, does it?

I heard similar noises from the bulls in 2006-7 when I previously predicted a housing market crash and suggest 30-40% price correction, from peak to trough. House prices don't fall in every region or every street by the same amount.

The rampers are sheep, they will go from no crash to a slowdown to a small reduction in price to ok there's a crash but the timing was out..lol

Even if I posted the indications, bitter trolls will look for anything to make it look like I was wrong.

Try looking for the indications. I'm posted enough clues.

[beckers2008] 23/6/2022 14:45

Jugears,

I see that Sick doesn’t know the difference between the BOE base rate and the bank to bank lending rate!! Another proven fool!

He has Zero credibility and he is an idiot, lol, just lol!

[sikhthetech] 23/6/2022 14:28

ghh,
"good article in FT saying chronic undersupply in London should prevent price falls."


Similar comments about shortage of supply was being said before the last house price crash... It didn't stop the crash, did it?

Watch the supply increase and the demand decrease.

[tuftymatt] 23/6/2022 12:27

Yeah that's an encouraging read and £25k x 2 is a decent sign from them 👍🏻

[beckers2008] 23/6/2022 12:20

Nice support from the CEO & Chairman buying shares yesterday.
No doubt the trolls will say "Should have bought more" etc, etc, etc.

[ghhghh] 23/6/2022 12:11

Jug

10 years? I thought 5 to 6 years?

[jugears] 23/6/2022 11:20

Seems rather strange when Berkeley build mainly in London, Not many houses would be built on industrial land or industrial estates imo, likewise I don't see many large industrial developments being built next to housing estates, most commercial developments are built near to motorways for ease of access for national distribution, I think that is a bit of a porky if you ask me, anyway TW have enough to last 10 years plus so don't see that as anything other than an irrational concern!

[ghhghh] 23/6/2022 10:44

Berkeley results were interesting, tipped Buy in today’s Time and good article in FT saying chronic undersupply in London should prevent price falls.

Most interesting comment was how house builders are losing out to warehouse developers in land auctions and the problems this is causing the industry.

[jugears] 23/6/2022 10:33

Buybadly & the rest of the market as well,NOT JUST HOUSE BUILDERS!