Taylor Wimpey Share Discussion Threads

[sikhthetech] 11/1/2024 14:52

Jugears,

What was good about the TU?


TLY - everyone needs healthcare, including you and everyone else! GE this year and NHS is used as a political football, therefore more work for private providers.

[jugears] 11/1/2024 14:49

Tu was definitely as expected, what was bad about that, they have performed exactly as they said they would unlike TLY!!!!

[sikhthetech] 11/1/2024 14:09

The TU was as expected. Not good.

Best to trade hyped sectors. Back to shorting this.

[jugears] 11/1/2024 12:44

rwilly, interest rates will tumble, that is almost guaranteed, looking forward I see a greater shortage of homes & fewer companies to build them, I think it clearly goes to show that hb's can still sell houses with high interest rates & without government incentives, I actually think that the next 10 years will see strong growth & investment in the uk, we have survived Covid & Brexit & despite several wars I see little to hold us back, just speaking to some old contacts today & all have had a very positive start to the year, I don't considered the last decade to have been easy, its been bloody hard work IMO & one of the hardest periods I have known to run a business.

[rwlly1] 11/1/2024 12:22

I can assure you it is not going to be as easy as the last decade, they had tail winds all the way.

[baracuda2] 11/1/2024 12:03

Next decade lol, nobody knows whats happening this year, this month, this week etc

[rwlly1] 11/1/2024 11:50

I personely think share price has got ahead of itself. Far tougher times in the next decade than the last, More disposable income will go towards food and energy, never mind interest repayment leaving less for the property market.

[baracuda2] 11/1/2024 11:44

Jugs, I meant I thought the market would have reacted better than it has, personally im more than happy with the TU

[jugears] 11/1/2024 11:03

Gbh2, Exactly & still selling houses & making a profit!

[gbh2] 11/1/2024 10:57

Nothing unexpected in update, main thing is they expect results to be at the upper end of their expectations :)

[pally12] 11/1/2024 10:11

If you look at majority of figure compared to 2022 they are all down

[baracuda2] 11/1/2024 09:48

I was expecting a better reaction to this today

[tlobs2] 11/1/2024 08:59

The next five million plus block they close might well push the price over 150p which would be an excellent result, particularly with there still being a couple of significant short positions out there.

Good results and shorters getting their @rses burnt. Happy days.

[t-trader] 11/1/2024 08:45

Reasonable update

We’ve been on a good run of late, so wasn’t expecting much in way of share price reaction. Nice bit of consolidation around these levels will do nicely,

[tlobs2] 11/1/2024 08:45

They are playing with your mind ;-)

Nothing wrong with those comments in particular "top end of our guidance range".

It's more bad news for MW and Qube !

[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