Taylor Wimpey Share Discussion Threads

[rwlly1] 10/7/2022 12:55

And by the way Jug you still have not explained what all these extra workers are actualy doing

[claret dragon] 10/7/2022 12:26

Monetary policy of BOE are finally going kicking and screaming to raise rates.

Unless the big boss at the N0 11 says no. Who ever that turns out to be.

Inflation target of 2% and they are NOT within a country mile of Headline CPI.

I cannot see a soft landing for Housebuilders. Margins will be crushed.

[rwlly1] 10/7/2022 12:25

Labour may have tried to balance the economy better, And the money markets would never have let them throw money around like confety, like they have with the conservatives.
And i have been a lifelong conservative. I agree with you about Maggie should only have stayed one term

[jugears] 10/7/2022 12:06

You can blame Maggie for getting rid of our industries we made the best products in the world & still do just not as many as before, I had British built machines that were 70 years old & never once broke down, I had foreign machines that lasted less than 10 years!we do still have some of the oldest companies in the world in the uk

[riskonricky] 10/7/2022 12:05

https://www.statista.com/statistics/677095/employees-by-sector-uk/

[rwlly1] 10/7/2022 11:25

Unemployment is lower than ever, but doing what? You can not get enough staff on any jobs that resembles hard work We import far more than we export so explain to me please what all these extra workers are doing.

[jugears] 10/7/2022 10:03

Why has he destroyed it, unemployment is lower than its ever been, you can't blame him for high inflation,because that is world wide,you can't blame him for borrowing money to keep us all employed, Labour would have done f--k all!

[tuftymatt] 10/7/2022 10:01

I heard Rishi's wife changed her tax status first thing on Wednesday after he resigned on Tuesday. She then had to change it back again when he announced he was running for PM 😂

[spawny100] 10/7/2022 08:43

Rishi is ready to rebuild the economy that he destroyed! Ha ha priceless.

[buywell3] 10/7/2022 00:13

------ Rishi is Ready ----- Will be the catchphrase used


however buywell suggests the opposition use:













------ Rishi is Fishi ------

This should play well with the media and catch on with joe public
Resulting in those who use it netting more votes


buywell AD2022

[rwlly1] 09/7/2022 18:45

Jugs i said do not mention NEXT could have bought a shed load at 10p, but was put off by city lads who said they were going under. The moral is take whatever the city lads think with a pinch of salt

[jugears] 09/7/2022 15:20

St it will be what ever it is, if only we all had a crystal ball!

[beckers2008] 09/7/2022 13:35

Jugears, The market will be happy when these figures are announced in March 2023, the BoD must be very confident in providing this data, well they are buying shares!

Total revenue (£m) 4,503
Operating profit (incl. JVs)* (£m) 907
Net interest and finance costs (£m) (27)
Pre-Tax Profits* (£m) 880
Tax Rate (%) 22
EPS (normalised)* (pence) 19.1
DPS (pence) 10.5
Tangible Net Asset Value per share (pence) 125
Net debt / (cash) (£m) (718)

*From continuing operations before exceptional items.

[sunshine today] 09/7/2022 13:16

What’s the next 3 years profit forecasts

[beckers2008] 09/7/2022 12:49

The consensus forecast for TW.
From 18 analysts issued in May 2022 for the year ending 31st December 2022.
There is a slight upward revision on Revenue, Operating & Pre Tax Profit and EPS.

Total revenue (£m) 4,503
Operating profit (incl. JVs)* (£m) 907
Net interest and finance costs (£m) (27)
Pre-Tax Profits* (£m) 880
Tax Rate (%) 22
EPS (normalised)* (pence) 19.1
DPS (pence) 10.5
Tangible Net Asset Value per share (pence) 125
Net debt / (cash) (£m) (718)

*From continuing operations before exceptional items.

[jugears] 09/7/2022 12:35

Farmer boy, no not at all, the uk needs houses & we don't build enough, every recession brings a slow down in house building & that means we are getting further behind with meeting supply,Every recession sees the demise of the small regional builders which means even more work for the larger hb's, Every cycles sees house prices grow further, Tw are planning to ramp up sites over the next 2 years as are other hb's hence why we need 10 extra staff & further expansion next year, Together with share buy backs I see my future targets as being perfectly reasonable, if you have an in depth knowledge of the industry as I have then maybe you could see that too, In the early days there were many that laughed at my £1.64 target prices, they probably weren't when they hit the £2.30 mark, a lot of people laughed when Next shares were 56p (at which price I bought) & I said these could sky rocket, Now around £60.00 per share without any share consolidations!(they have reached £85.00!,unfortunately I sold mine at £7.50 & it felt like I had won the football pools(if you remember them?)I have never made that mistake again.
St Imo & from my extensive research, prices are starting to fall, not only building materials but also food prices, so I wont be in for any large shock, I would be quite happy for Rishi to become PM though.
Beckers, as you know Tw & previously George Wimpey & Taylor Woodrow have been customers of mine for many a decade, working for them enabled my company to grow, I know a lot of people there, it is exceptionally well managed & ran that's why I invested here, wimps & Woodrow between them have come through many a recession & trust me they will pull out all of the stops when required, Hb's have learnt a lot since the financial crisis, one of those lessons is only build as many houses as you can comfortably sell! I see a lot of people are going to have egg on there face here in the near future, to many on here are transfixed with what happened to the share price in the financial crisis, they were in debt long before the financial crisis, the markets expected them to fold hence the share price hit 4p intra day even a lot of there staff were expecting to loose there jobs & that they would go bust, but instead started to turn the company round from day one, the fact that they continued to pay suppliers & on time! greatly influenced, My investment decision here, that & the fact that my money that Aviva had invested for me made £750 profit in 4 years & spent 3 of those years 15% less than I had invested, I had the greatest of pleasure phoning them a year later telling them the money I had withdrawn from my bond I had nearly doubled in value in a year, one off the best investment decision I have made.

[sunshine today] 09/7/2022 12:12

The issue is, your looking backwards at fantastic margins and profits.

Investors simply sell stocks where profits are falling or about to fall.

Margins in construction have typically been 3% house builders are used to 15% plus.

Your in for a rather large shock, going forward.

[rwlly1] 09/7/2022 11:51

JUG Are you expecting a share consolidation to get to those sort of prices?

[jugears] 09/7/2022 10:59

Backers, there is no point getting stressed about comments, every poster likes to think they are right, sikh prefers to wait for the bottom perhaps trying to make a quick buck or two but I doubt he bought at 98p & very much doubt he sold near £1.80 , my method has been the same for nearly 50 years, I buy & hold for the long term & buy small amounts on the way down, although I have a target of below a pound, nothing is ever guaranteed so IMO it's better to add as the price falls just incase I dont reach my target which has happened many many times! anything below £1.80 here will gaurantee me a return in the future even if that is the next cycle. I see little point selling shares & paying a substantial chunk in tax on the profit., if I paid 37p for the majority of my holding I will let you work.out the tax on that but I wouldn't be left with much more than the current share price? My method may seem mad to some people but it has never failed me yet, I'm not here to make a small return, I'm.her for the £4-5 even £10 pound I will get in the future, this may be in the next cycle or even the one after but it will come one day & in the meantime I am getting a decent dividend.

[beckers2008] 09/7/2022 00:04

diku,

That took you a few hours to come up with nothing!
You have failed in your minusu detail to pick my words apart.

You are another troll and yet another idiot, lol, just lol!

[mickinvest] 08/7/2022 21:04

The infamous half million pound pot sitting there gathering dust and 1% interest rolled out again today, NURSE!!

These forums are full of Walter Mitty characters just like your local pub, harmless but best ignored.

So price cap possibly going up another 60%+, is this going to affect the masses on £20k a year or not and house prices?

And another thing, I was out looking at a few properties on last 12 months and a hell of a lot of them will need structural work costing 5 figures in the next few years including new roof's but people still bid above their budget to get the house. A lot of them will never afford these works and that's going to be a recurring theme in the years to come