Taylor Wimpey Share Discussion Threads

[beckers2008] 09/6/2024 14:25

sT,

I qoute you...

"umm, thats the 3 rate cuts that were predicted in the spring." END.

Not by me they weren't, lol!

sT, You were predicting the BoE base rate to reach 8%, lol!

Remember my statement...
BoE Base Rate at 6%
Absolutely no chance.

Imo, BoE to cut base rate from currently 5.25%,(not 6%). Starting in Q3 2024.

You heard it first trolls, watch and learn, lol, just lol!"

[sunshine today] 09/6/2024 14:05

umm, thats the 3 rate cuts that were predicted in the spring.

LOL.

[beckers2008] 09/6/2024 13:54

sT still talks BS, lol!
Sikhthetech, apart from being the village idiot, is now on it's 6th year of being wrong, lol!

Remember my statement...
BoE Base Rate at 6%
Absolutely no chance.

Imo, BoE to cut base rate from currently 5.25%,(not 6%). Starting in Q3 2024.

You heard it first trolls, watch and learn, lol, just lol!"

[beckers2008] 09/6/2024 13:16

Sikhthetech,

At least 30% pay cash for their properties in the UK and those remaining have less than a 95% LTV ratio.
As your always banging on about an affordability crisis, lol!
Please provide a breakdown of the figures because you seem to imply that you know every individual's debt value, lol!

Now, when is your each and every year's (for the last 6 years) house price crash gonna happen?
Lol, just lol!

[sikhthetech] 09/6/2024 12:59

ST,
Absolutely. If new govn (whoever wins) Labour wants to increase housebuilding then the HBs won't have workers to do so.

Labour's plans include reduce the reliance of overseas workers in construction.... How does that fit in with plans to increase housebuilding???

Labour plans curbs on firms hiring foreign workers




Apart from that, the problem isn't lack of new builds but affordability. Hence why, contrary to Jugears assertions, HBs DID reduce the number so to adjust to the reduced demand, as predicted.

[baracuda2] 09/6/2024 12:57

Sunshine today is clueless

[kreature] 09/6/2024 10:27

What do you guys think of the proposed Freedom To Sell policy ? Rather, Freedom to Buy with never ending debt and worry?. Wouldn’t it be better to just sell the properties for what they are really worth ? Tbf, they’d fly out with my valuation

[sunshine today] 09/6/2024 07:15

The bulls here think growth is coming back to the house building sector.

It will kill projected profits if it does.

From todays Sunday Times Labours plans for 1.5M new homes.

The number of skilled construction workers is at its lowest since 2001 with vacancies up 40%.

Thats when output today from the big players is DOWN 30%.

Any grand plans of increasing production will run into a wall of wage inflation of 25% plus and stalled projects eating up the cash .

Doomed policy.

[kreature] 08/6/2024 22:18

Bellway update:

‘ In line with previous guidance, the Group is on track to deliver full year volume output of around 7,500 homes (31 July 2023 - 10,945 homes) and we continue to expect a reduction in the underlying operating margin3 of at least 600 basis points from the level in the prior year (31 July 2023 - 16.0%).’

Translation: delivering 3,445 less houses than last year, with reduced margins, and prices. Everything is fine though, probably

[kreature] 08/6/2024 21:36

Wow, so many Taylor Wimper ‘homes’ managed by Remus. I’d rather live in an open sewer judging by the reviews of that management company. Totally worthless houses to me. I wouldn’t pay 10p for a TW house due to the management companies they appoint. Complete garbage imo. Read the reviews. share price will plummet here imo.

[kreature] 08/6/2024 21:10

These TW house completely worthless with zero value, to me anyway :

Trustpilot review, today :

‘ Broadleaf Park, Southampton
Taylor Wimpey sell the dream, then deliver a nightmare. I've been living on this estate for 3 years now and I am not impressed with how Taylor Wimpey have managed the whole area.

I would love to see some action taken by Taylor Wimpey for the multiple problem areas on the estate but they just don't seem interested despite numerous requests. Many areas I have been asking about for over 3 years now include:

The trail area. Firstly it doesn't meet the plans outlined when I purchased the house. Instead, a VERY cheap option was installed which is simply just terrible. Secondly, it's so overgrown it unsafe and unuseable. There are weeds so big they have grown through the chairs leaving them difficult to even find let alone sit on! We travel to take the kids to other developers play areas which are fun and engaging, unlike the plank of wood TW installed to walk along, if you can find it, or the mound of fake grass, what even is that?? It's just not anywhere near good enough! Even if you could get to it, no one is interested, it's terrible!

There are two street lamps opposite my house which are still not working plunging the whole area into complete darkness. It took 7 months for a response to a complaint and the outcome was to send people to dig the whole area up, surround with unsighlty cones, then continue to leave it as such for months further, still with no operational lighting.

Unfinished roads have caused damage to cars.

Unfinished pavements require me to push a buggy along roads with speeding motorists.

The maintance company I am forced to pay for are beyond useless and massively overcharge for work they can't even account for.

Everything is just a constant fight to get Taylor Wimpey to meet even the basic of standards on the estate. It's such a shame as the area has massive potential but Taylor Wimpey have let everyone down with their standards. I wouldn't recommend paying a premium price for such substandard conditions. Disapointed!
Date of experience: 08 June 2024 ‘

[kreature] 08/6/2024 21:03

Bellway having to employ a local agent to help dump their larger hutches by the look of it. And from memory, at a reduced price

[itisonlymoney] 08/6/2024 16:32

jugears, bellway reported that its avg selling price is lower than last yr. just keeping it real... new build sales prices are lower, not increasing. muted share price reaction so far.

[itisonlymoney] 08/6/2024 12:27

the more interesting point is that both taylor w and bellway fell about 3% intraday after that update came out.

[beckers2008] 08/6/2024 12:23

DvD,

Do some research, this is a TW. BB.
Read Tw. Reports and watch presentations and learn...

You keep posting old news that HB's indicated nearly 2 years ago, lol!

Now you tell us you have increased your short, lol!
Earnings are increasing in 2025.

You need to learn the difference between Support and Resistance regarding your pitiful TA short call at 1.33.35!!
You can't start telling porkies now!

Lol, just lol!

[danvandan] 08/6/2024 12:07

Beckers, you are obviously a berk. This 'old news' came out YESTERDAY.

Here it is again, because you're evidently a bit thick and need to be told everything ten times before it begins to sink in:

Bellway's dismal trading update released on Friday foreshadows TW's full year prospects; Bellway will sell 31% fewer houses this year than last. Selling prices are lower than last year and operating profit on those lower prices is also lower by 6%. The scale of the profit collapse is illustrated by the fact that THE INTERIM DIVIDEND HAS BEEN CUT BY 60% in order to maintain 2.5 times cover. Last year the business finished the year with £42m net cash; this year they finish with £57m NET DEBT. Forward orders are also lower than last year by over 10%.

I expect a very similar set of outcomes for TW on 31 July.

Regarding the wider sector, shorts on Barratt and Crest Nicholson continued to climb last week, as well as Rightmove.

[claret dragon] 08/6/2024 11:30

TW Had a good run. Is there more to come?

Once the election is over and assuming Labour get in.

The promise to build x amount of homes. Will it be possible is the bit where i am not

sure how it can be done.

Ask Grangela and its easy just to knock up a new town. Anywhere in the UK

[beckers2008] 08/6/2024 10:51

DvD,

You keep posting old news that HB's indicated nearly 2 years ago, lol!

Now you tell us you have increased your short, lol!
Earnings are increasing in 2025.

You need to learn the difference between Support and Resistance regarding your pitiful TA short call at 1.33.35!!
You can't start telling porkies now!

Lol, just lol!

[danvandan] 08/6/2024 10:08

Bellway's dismal trading update released on Friday foreshadows TW's full year prospects; Bellway will sell 31% fewer houses this year than last. Selling prices are lower than last year and operating profit on those lower prices is also lower by 6%. The scale of the profit collapse is illustrated by the fact that THE INTERIM DIVIDEND HAS BEEN CUT BY 60% in order to maintain 2.5 times cover. Last year the business finished the year with £42m net cash; this year they finish with £57m NET DEBT. Forward orders are also lower than last year by over 10%.

I expect a very similar set of outcomes for TW on 31 July.

Regarding the wider sector, shorts on Barratt and Crest Nicholson continued to climb last week, as well as Rightmove.

[rwlly1] 08/6/2024 09:55

Households would have way more than 500 pounds a year to spare if it was not for the extortianant rents and mortgages. Far better for the country if some of this silly money was spent on improving public services.

[cupra kid] 07/6/2024 16:20

Jug, I agree mostly with that sentiment as we already know it's the big developers that control the market to a degree. I mean, why would they succumb to any government's mandate of building more houses to flood the market? Nope, we'll build them at our pace thank you and keep the prices at where they're at or rising.