Taylor Wimpey Share Discussion Threads

[tlobs2] 08/1/2024 07:35

Five to eleven on a Sunday night and this sad get is still posting dross no doubt....

sikhthetech 7 Jan '24 - 22:54 - 17333 of 17333 (Filtered)


How is your long term investment from 300p going? Totally Plc (TLY) - Share Price 4.9p

It's laughable that you try and advise others !

[sikhthetech] 07/1/2024 22:54

TU due this week.

[sikhthetech] 05/1/2024 15:53

Tlobs,

"Major lenders, such as the Halifax and HSBC, have begun the year with rate cuts to keep hold of customers"

Lending is lender's lifeline. They have to be competitive to gain customers otherwise they will lose business.


The current rates offered are still more than double homeowners were paying before.
There are hundreds of thousands coming off those cheap fixed rates and having to pay double or more in interest.

Huge debt crisis.

[craftyale] 05/1/2024 06:30

Marshall Wace further reduced their short on Dec 29th. Lovely and as predicted.

[tlobs2] 04/1/2024 14:42

The average rate on a two-year fixed mortgage has fallen to its lowest level for nearly seven months as lenders compete for custom.

Financial information service Moneyfacts said the average rate had fallen from 5.92% to 5.87% in a day.

Major lenders, such as the Halifax and HSBC, have begun the year with rate cuts to keep hold of customers, as their own funding costs have dropped.

[rwlly1] 04/1/2024 09:33

Only joking, by the way.

[jugears] 04/1/2024 08:19

My Tax is fully declared & paid up to date

[rwlly1] 04/1/2024 07:02

Jug just be careful the taxman may be reading this thread.

[jugears] 03/1/2024 18:00

Sikh,well done you must be richer than me lol, I think my best were 15 baggers, although I did buy Next @57p but unfortunately had to sell at £7.50 to pay a large tax bill, I think a few years ago they peaked at £85.00 but I don't dwell on the past I have more than I could ever have dreamt off when I started out almost 50 years ago, Not sure how much you invested but I never put less than 20k min into any company.

[fenners66] 03/1/2024 14:23

Update on the cost of a loaf of bread......

Not 10p any more

M&S - £4.00 a loaf !!

Thats my relatives remebering when 62.5 loaves of M&S bread equivalent could buy a semi detached house.....

[sikhthetech] 03/1/2024 12:28

Re the population.

The increase in migration from Ukraine is temporary. Hundreds of thousands came to the UK to seek refuge. Tens of thousands have returned home.

The same is true of most migrants who go to any country. They earn money, send it back to their families to build a home there.
That was my thinking and the reason why I made 10,000%, trough to peak, on qxl. Polish migrants sending money to their families back in Poland, who would then build their homes. A lot of investors failed to see that logic and were negative on qxl.


That is why if property prices crash in their homeland then they would sell foreign (UK) property/investments 1st, to protect their homes.

[jugears] 03/1/2024 12:28

sikh, then why don't you just put all of your money in to tly?
Lef, all shares are slipping.

[lefrene] 03/1/2024 12:19

To have a healthy economy most of the population needs to have disposable income after they have paid for essentials. A situation not seen in the UK since mid 1974 when Heath removed the borrowing criteria for mortgages.

I notice various governments worried about declining populations (hence no doubt no serious action over illegal migrants), the populations decline because it has become unaffordable to most young couples to acquire the security of a home, in order to raise a family. Somewhat ironic that China pursued the Western model of reckless lending that drives housing beyond affordability.

Curious that on a day when apparently lenders are dropping mortgage rates to encourage business, that all the builders slip a few pence. So what are the algo's responding to, to trim holdings?

[sikhthetech] 03/1/2024 11:41

rwlly,

If house prices had not shot up to the level they are, fueled by easy money and a help to sell scheme."

Exactly. Property prices surged due to easy money, easy affordability and govn schemes. The HBs made hundreds of millions of pounds out of the Help to Buy scheme.

Property prices rose, HBs hold more land bank, bidding up prices, causing more rises in property prices.
That vicious circle result in a bubble, which can't go on forever.

Any intervention by the govn doesn't help.



Jugears

"Sikh Tw hardly crashing & as I stated nothing goes up in a straight line, as for Tly they have more than crashed & worse to come imo."

I think you need new glasses.

As to TLY, I think they will multibag. £10m for a company with £100m revenues, working within the NHS, temporarily hit by doctors strikes/wages.

[andybath] 03/1/2024 11:30

Property prices (or prices of anything) are a symptom of inflation not a driver.
Prices of any hard assets will rise relative to a debasing currency.

[rwlly1] 03/1/2024 11:18

Property prices have been one of the main drivers of inflation.

[fenners66] 03/1/2024 09:43

rwlly1

You are talking about inflation
You cannot buy a loaf of bread for 10p anymore !

Grocery prices rose 6.7% in the year to December the lowest for 18m and you "believe" builders are to blame
for rising land prices ?

Asset prices rise when inflation goes up - or there is an imbalance of supply and demand.
When incomes rise the land prices go up to keep some balance of supply and demand.

When demand increases exponentially - because of a massive increase in population....the same.

[tlobs2] 03/1/2024 08:42

The reason for the recent price increases. Still a long way for them both to go and at very high prices. Lovely.

Marshall Wace LLP 0.78% -0.10% 29 Dec 2023
Qube Research & Technologies Limited 0.50% 0.01% 29 Nov 2023


The continued pressure could see us going back up to 160p-175p :-)

[jugears] 03/1/2024 08:14

I don't class a million pounds as being wealthy, it's a lot easier amasing that sort of money now than when I first started, it took me years to achieve my first million, my property & investments have increased by that with income in the last 18 months alone!

[rwlly1] 03/1/2024 07:18

fenners it is a vicious circle, the higher house prices go the more spare cash builders have to bid up land. Then they have got to sell for more and more and on it gouse. If things carry on the way they are, even with a million pounds you will not be classed as wealthy.

[fenners66] 03/1/2024 00:55

rwlly1
2 Jan '24 - 20:32 - 17311 of 17312
"If house prices had not shot up to the level they are, fueled by easy money and a help to sell scheme. Builders would not have had the funds to bid building land up to such silly levels"

Are you less than 20 years old ?
Because you seem to be completely ignoring the same high prices have been a feature of the housing market in the 43 years or so before that.

Tell someone in the mid 1970's what their house bought 15 years earlier would cost them and they would tell you the
"World's gone mad"
Whenever anyone "from up North" visited London and the SE and asked about housing in the past 60+ years they would not believe what " some idiots are paying" , homes were never worth that much and the salary difference does not justify it....

Now we have 1m + new people to house every year and you think supply and demand does not matter?

[jugears] 02/1/2024 21:37

5.25% interest rates & still new houses are selling, what does that tell you?,it tells me that demand for new homes is high what ever the price, I don't think it really matters what it costs to borrow money demand for new houses is high because we have never built enough, unfortunately for some I don't ever see that changing.

[rwlly1] 02/1/2024 20:32

If house prices had not shot up to the level they are, fueled by easy money and a help to sell scheme. Builders would not have had the funds to bid building land up to such silly levels, if you can not see that you must be thicker than a TW brick wall.