Taylor Wimpey Share Discussion Threads

[casino444] 11/1/2024 08:42

market don't think much of that , what did they expect?

[craftyale] 11/1/2024 07:08

That made for good reading. Let's see what the market thinks at 0800. I'm thinking further shorts closed yesterday, it's normally a few days before they filter down to public knowledge. Coffee being brewed. :))

[tlobs2] 11/1/2024 07:06

Jennie Daly, CEO, commented:

"We are pleased to have delivered a full year performance in line with expectations and expect to report full year operating profit* at the top end of our guidance range."


Carry on as you have been Jennie and team. Well done.

[jugears] 10/1/2024 20:12

Uolddog, perhaps you should have bought at 89p like I did, I think the housing market will do better without incentives, build less charge more Imo, there certainly seemed to be very few plots for sale on the sites I visited on the run up to Christmas, I did say that sales seemed to be improving through last year, a comment dismissed by sikh when I said we were still booming,I may have retired but I still have my finger firmly on the pulse !

[uhound] 10/1/2024 19:05

Can't deny that HB's shares have recovered well from the lows of last summer and IMO I still see some weakness for the housing market this year as there is always a lag to economic effects.

However, it does look like sentiment wise we are over the worse and I don't expect the share price to drop back considerably from here. As long as inflation continues to fall, interest rates drop this year and unemployment does not increase too much, then HB's recovery should continue.

With some kind of "buyer assistance" scheme and a change in government likely, this will also probably help sentiment too.

[tlobs2] 10/1/2024 16:49

A few decent chunks going through after hours.

5.8m @ 148.4p
370k @ 148.4p
500k @ 148.48p

Plenty more of these buys required before MW and Qube Research are off the hook. :-)

I think it's fair to say that they've played it wrong having followed sikhthetit's advise on UK builders no doubt.

[1carus] 10/1/2024 16:30

Sites up here in not so sunny Scotland have been at a lull the last few months. TBF finishing off ground works and laying road infrastructure on to the schemes. I actually think this is a smart move as there is only 4 to 5 hours of decent light up here between mid November and now. This week has seen a lot more activity with guys in Hi'vis gear and clipboards looking like they want to get things moving again. There are some big builds going in around me and what is built seems to be sold off plan. Looks to me that the builders are just regulating the build rate to maintain price, and why shouldn't they,and that might be better matching historic seasonal buying patterns. Smarter and more adaptable as far as I can see. 3rd best share I have ever held I think. (More help for first time buyers with changes to LTISA coming in the budget it seems too!)

[sikhthetech] 10/1/2024 15:19

PSN:

The fact the % use of incentives doubled
As expected, Help to Buy ending and higher mortgage rates has impacted demand.

Housing market remains uncertain.

Use of incentives doubled.

I continue to see HBs as "best to trade"


From the TU:
"albeit with demand lower than previous years as a result of high interest rates and the removal of Help-to-Buy."

"We anticipate market conditions will remain highly uncertain during 2024, particularly for first-time buyers and with an election likely this year. However, mortgage rates are beginning to ease, and the response to our recent Boxing Day campaign has been positive, generating a substantial number of leads for our sales teams. "

[craftyale] 10/1/2024 15:06

Trading update tomorrow. Hold on to your hats.

[jugears] 10/1/2024 15:04

Sikh, it says that demand increased throughout the year which is what I said???
In the grand Scheme of things 13 million is peanuts, what is the bottom line? have they managed to increase it if its been renewed?, at the end of the day that is turnover & not profit, they could loose money at that price or might only make 10k after all running costs are stripped out, I know plenty of contractors in the past that have told me they have won millions of pounds worth of work but still managed to loose money on it, lol oh lol

[tlobs2] 10/1/2024 14:20

Blimey, sikhthetw4t posting and arguing with himself again. ADVFN's biggest clown.

[sikhthetech] 10/1/2024 13:34

T-Trader/Angershankz/Jugears,

I see TLY are up 13% after they announced a 1 year £13m contract extension.

> £100m revenues
Mcap £10m

Significant upside

;-)

[jugears] 10/1/2024 07:42

Good Tu from PSN as expected. With very little cost to themselves all the house builders had fortuitous forsite in cutting production levels to suit anticipated demand, even with higher interest rates they have managed to sell at a higher price those houses that they have built , hopefully now hb's will get the credibility they deserve & their sp's will reflect this.

[jugears] 09/1/2024 23:06

Sikh, I'm not interested in organisations that are badly managed & over stretch, I think you over think & worry to much, I try to invest in companies that have more assets & cash than debt,companies that have honed there skills for many a decade, who knows what will happen short or long term, I live for today & currently I see a fairly resilient housing market & people managing debt a lot better than some expected, whatever happens long term we have a shortage of new homes & this will only get worse, so whilst there may be short term hits to profit I am more than confident that Tw.long term will maintain sustainable profits for many years to come, that is why I invest for the long term.
Do you know any indiduals that have large debt that could be called in???? or are you just assuming that this is a given must as interest rates have risen ????

[sikhthetech] 09/1/2024 21:00

Jugears,

"The Reit was forced to sell property quickly by investors"

There's always reasons why companies or individuals have to sell urgently and it's usually need for cash. The fact they sold dozens with over 60% loss is what's important.

Individuals could be forced to sell quickly as they have a huge debt and lenders are calling it in.

Do you think there won't be any more desperate selling by REITs given you believe the housing market is improving, interest rates coming down?

[jugears] 09/1/2024 20:48

Sikh, The Reit was forced to sell property quickly by investors, Stuart milne owner wanted to retire anyway, unfortunately that is what happens when you diversify, the timber framed building side brought the company down, as I have said before building off site has never paid & never will, sadly many companies dissapear in good times & bad when they are heavily geared as has happened,very few companies are ran as well as Tw, land & cash rich, hence the reason I am invested, I accept that the next year could be tough but long term you'll have a job to beat TW in my opinion. BTW I'm loving retirement.

[sikhthetech] 09/1/2024 20:24

1carus

"Comparing Milne to TW. is like comparing a corner shop to Tesco."

Well, majority of corner shops have disappeared, closed due to the bigger rivals
like Tesco. What did Tesco and other supermarkets do? Supermarkets, like Tesco saw the opportunities and took over local shops, like OneStop chain.
They also entered joint ventures with petrol stations etc.


Opportunities to expand/diversify.

Companies who fail to adapt and see opportunities struggle later on as other companies adapt and enter the market.

[1carus] 09/1/2024 19:12

Comparing Milne to TW. is like comparing a corner shop to Tesco.

[sikhthetech] 09/1/2024 16:11

Jugears,

"Been up for sale for nearly 2 years"

That's the point, why wasn't there a long queue to buy them?.
They maybe smaller housebuilder but you would expect significant interest to buy them.
REITs suffering and selling at huge losss, housebuilders going bust...
says it all.

[angersharkz] 09/1/2024 15:42

Sikhthetech - I’d be less worried about Stewart Milne and go and get that fire put out over at TLY……..4.5p……sheesh!

Imagine ramping the nuts off that for years whilst simultaneously whinging about house builders only to see it’s all gone horribly Pete tong! Lol.

[jugears] 09/1/2024 14:11

Been up for sale for nearly 2 years

[sikhthetech] 09/1/2024 12:16

Housebuilder, Steward Milne, goes bust


More than 200 jobs lost as housebuilder Stewart Milne goes bust

"Adele MacLeod of Teneo said: "The downturn in the UK housing market combined with an extensive sales process not resulting in any viable offers has ultimately led to the need for the directors to place Stewart Milne Group Limited and some of its subsidiaries into administration, regretfully with some immediate redundancies."

[tlobs2] 09/1/2024 09:09

Well there's just over five million shares bought at 148.35p (09:00) :-)


This process is getting very expensive for our shorters.