Taylor Wimpey Share Discussion Threads

[jugears] 10/6/2024 09:37

Gbh2, I have followed your lead & filtered most people, I am not sure what their agenda Really is ??????, apart from the fact they have shorted this share & stand to loose a lot of money, but who are they trying to influence anyway?, I would never take financial or investment advice from anyone & I am very sure the mm's wouldn't be following anonymous persons on a BB board!,my advise would be never invest in any share unless you are 110% sure its a good company & have fully researched beforehand, I don't look to make a quick buck that is why I invest long term & as my entire Holding is worth over 4 Times what I paid for my shares it works perfectly well for me so why on earth would I want to sell?????,what ever happens short term Tw is Imo the most under valued stock in the ftse 100, interest rates will fall & momentum will pick up, I have know reason to expect Tw results to come in any less than expected either, so even more reason to hold IMEO!

[sunshine today] 10/6/2024 07:42

Next government will end up forcing House builders to make provision for an estate sinking fund for maintenance of open spaces and play areas.

Fully funded by the builder.

Will take another big slice out of margins.


Just watch and wait.

[gbh2] 10/6/2024 07:20

I'd not noticed just how awful advfn is without an installed adblocker!

[beckers2008] 10/6/2024 06:41

Sikhthetech,

Yes, and I admitted I was wrong and got in too early, unlike you who never admits it's mistakes, lol!

My average was £1.03, as well you know with a 9% yeild, bought my last tranche at 86p.

I think the twisting lays at your door.

How's your £3 a share investment of TLY doing?
No twisting needed, you are the village idiot, lol, just lol!

[kreature] 10/6/2024 06:39

Would this interest you guys?

‘ This Advice Note looks at the rights of freeholders who pay service charges and rentcharges on private estates. Unfortunately, they do not share the same protections as leaseholders.’

[kreature] 10/6/2024 06:31

Sorry, what was that?

‘ Other possible charges in his agreement include a £420 fee to sell your home and a £115 fee to change the deeds.’

[kreature] 09/6/2024 23:47

Can’t blame jugs for using the c word sometimes. But perhaps he should add an s…..



‘ Other possible charges in his agreement include a £420 fee to sell your home and a £115 fee to change the deeds.
He said: “We have to pay if we sell the house, if we want to put up a shed, if we want to change anything about the externals of the property or if anything on the park gets broken.’

(Barrett?)

[kreature] 09/6/2024 20:28

Accounting for inflation, 2020 placing 145 should be 177 in real terms today, but perhaps possibly everything is fine?

[beckers2008] 09/6/2024 18:34

DvD,

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

You keep posting old news that TW. 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] 09/6/2024 17:40

Great predictions beckers. A mere six and a half weeks before we find out if the first one is right. If the Bellway update is a comparable indicator, you are going to be disappointed. Keep in mind that Bellway, with similar production numbers and in the same market as TW, is saying that earnings are MUCH LOWER because they've SLASHED THE DIVIDEND BY 60%. They've also gone from a net cash position of £42m to NET DEBT OF £57M. These are NOT 'slightly lower' numbers. They are massively lower. You've been warned, so please don't start complaining on the 31st of next month.

[beckers2008] 09/6/2024 16:44

DvD,

Earnings will be slightly lower in 2024 compared to 2023, but certainly not 'much lower'.
Growth in earnings will resume in 2025.

[sunshine today] 09/6/2024 16:31

Not only the shares, but the land bank as well.

Both are coming down.

When you can buy the average house for 3X income look to invest.

[danvandan] 09/6/2024 16:09

beckers, I get it that you're upset that posters here are taking a negative view of one of your holdings. But simply calling them names really shows that you don't have the intellectual capacity to be a part of this discussion. I don't expect you to accept my argument here, but eventually, the shareprice will force you to. The more you post, the more often the bears will make their case. You are doing nothing more than drawing everyone else's attention to the fact that TW shares are hugely overvalued right now. Keep it up if you must, but you are almost certainly on the wrong side of the trade at this point. If I were you, I'd cash out tomorrow. 😊

[beckers2008] 09/6/2024 15:49

""DanVanDan - 08 Apr 2024 - 09:12:56 - 28156 of 28224
Chart has broken through the support line. Nothing to stop this falling to the 100-110p area now. Interim divi ex date was 28 March, so a lot of short-term holders seem to be exiting. Just an observation; no need for people to get hysterical on here. I am short here -- full disclosure -- happy to see things going my way. 110p is my target price. No reason for alarm from people who intend holding for ever though." END.

Oh dear, your later to the party than Kreature(JS), he called it wrong on 10th Nov 23.

'Your happy to see things go your way' on 8th April, lol!
Your making a fool of yourself talking BS and you called it wrong, lol!

Another classic mug-punter with Zero Credibility, lol, just lol!

[danvandan] 09/6/2024 15:40

Incidentally, the bulls here and the house-builders themselves have put a lot of store in interest rates coming down. Until just a fortnight ago, a June rate cut was widely expected from the BoE. The odds on this have dramatically reduced due to high services inflation. The rate cut meeting is scheduled for 20th June. There will, I imagine, be huge behind-the-scenes pressure on the BoE to reduce rates given that the general election occurs two weeks after. If rates stay the same, it'll be bad news for mortgage owners and bad news for house-builders.

The yanks have their own rate review meeting this Tuesday. Where the US goes, the UK will follow.

[danvandan] 09/6/2024 15:30

And all of those facts are borne out in Bellway's trading update on Friday:

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.

[danvandan] 09/6/2024 15:27

I notice that you completely fail to address any of the fundamentals - let me remind you:

* TW's build volume has been drastically reduced (lower sales, lower earnings)
* Build costs have significantly increased (lower profits)
* Properties for sale are at an eight-year high - homeowners and buy-to-let landlords increasingly desperate to unload (more competition in what is clearly a buyer's market)
* House prices are at best static and more likely falling (TW is unable to raise prices)
* TW reported a 44% drop in profits last year - this year will be even worse
* The TW share price has been hyped-up to a two-year high and is wildly out of step with earnings
* Mortgage costs have massively increased, reducing affordability for potential homeowners (a smaller market)
* Uncertainty in the housing market is deterring potential buyers (an even smaller market)

All of this points to lower earnings for TW, a reduced dividend payout and a falling shareprice. TW's H1 results are due on the 31st July.

[beckers2008] 09/6/2024 15:26

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!

[beckers2008] 09/6/2024 15:08

""Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 4916
Well I'm shorting the lot PSN, BWY, RDW""

Mug-punter! Lol, just lol!

[kreature] 09/6/2024 14:57

Remus property management fees y/e Sept 2023 £7.5m plus admin revenue of £2.2m lol

Let’s see how the customer feedback is on Trustpilot for Remus , oh :

‘ Terrible terrible terrible company
Terrible terrible terrible company. They manage services on my new build estate. I had to email several times just so they would get my name right on their system. That aside, my main issue is that after paying over £600 in service charge last year, I have received an updated bill for £76. I have emailed several times just trying to understand what this new bill is for. The accounts team was copied into the email by customer services and I was then promptly ignored by both accounts and customer services despite several emails. I can’t comprehend the incompetence. Horrible service.‘

[kreature] 09/6/2024 14:42

Not sure how the market cap here is above zero tbf. Read the reviews ffs. And make certain you read the reviews for the management companies lurking behind the flowery sounding estate name. Saying that, happy to consider investing when the freehold doesn’t involve a grass cutting management company bs and an estate charge