Taylor Wimpey Share Discussion Threads

[sunshine today] 20/6/2024 08:46

umm, Tell us how any house builder can increase production under the following conditions.

Mortgage rates at around today’s level or far higher if we see a likely,Govt bond buyers strike, around the world.

A shortfall of over 1M skilled construction workers.

Massive land bank write downs by the major players.

[beckers2008] 20/6/2024 08:37

sT,

You numb-nut, lol!
Reservations are a third lower because HB's have reduced production by a third, lol!
Reservations will be a third lower at least for 2024 because... yeah you guessed it, productivity has been reduced by a third, again as forecast.
Do keep up, lol!

You and DvD are not the same imbeciles, are you? Lol, just lol!

[kreature] 20/6/2024 04:01

Perhaps the real issue is not so much the number of houses being built but affordability in terms of the cost multiple of average wages, and of course the “ scamming “ as one MO called it, of defeatable freehold titles not free from hold ?
Imo

[kreature] 20/6/2024 03:39

‘Within the total, outstanding credit card debt came to £70.3 billion, an increase of 8.2% in the year to March 2024. Credit card debt averaged £2,476 per household and £1,311 per adult.’

[jugears] 19/6/2024 18:13

85k actually but not 100k It makes no difference to me, I haven't sold any, I don't need to sell any so I haven't lost anything, now if they drop to a penny I might complain, Who is expecting rates to get back to to anything like before, my estimates is 3-4%, it would be ridiculous going below that IMEO (As a saver not a borrower). I have said before though that once buyers accept that rates are higher then buyers will return to the market,they may wait but they wont go away, most people want to buy rather than rent & not everyone is in debt & not everyone cannot afford to buy a house,I have plenty of money to invest when the time is right or I will just stick with what I have. I am not expecting a rate cut tomorrow but then the market knows that already.
How do you know those hundreds of thousands will be hit hard? you don't know anyone's personnel financial position you are just surmising, lots of things could or might happen but will it????? you worry to much, that is what happens when you short shares, I really hope for your sake that we don't suddenly get some good news because it looks to me that this shares doesn't seem to want to fall very much in fact IMEO it seems like its ready for the next step up!

[sunshine today] 19/6/2024 18:09

Something else that's going to bring house prices back to 3 X income :


Background


There are big problems with both public and private sector pension schemes throughout the developed world, as people live longer and birth rates fall. In the UK, life expectancy at birth is increasing at an amazing one year every four years. It is estimated that the ratio of UK pensioners to workers will therefore increase from 27% in 2004 to 48% in 2050 - unless something changes. The inevitable consequence is that employers and/or their employees now need to set aside a much higher proportion of salaries to meet pension costs, or else employees have to retire much later, or a combination of both.


The bulls need to understand that house prices have risen in the past as wealth grows from high growing productivity.

That game is over, in any country that is rapidly ageing.

[sikhthetech] 19/6/2024 16:22

Jugears
"How can I be down I haven't sold any & 45k in the last few days which is not a lot is it"

Sp down from 152p to 143p, 9p.
At around 10k per p, you're either down around £90k since the 152p peak or you've sold some.
Which is it?

[sikhthetech] 19/6/2024 16:18

Anyone who believes base rates will go back to 0.1% or even 1% anytime soon is kidding themselves.

Those hundreds of thousands of homeowners coming off high 2-5 fixed rate mortgages will be hit hard.

Mortgage debt and repossessions are already increasing....

[sunshine today] 19/6/2024 16:04

DanVanDan

Great fact filled post.

“Throughout the year, the value of underlying private reservations has been consistently around a third lower than FY23, reflecting the ongoing macroeconomic and geopolitical uncertainty and, in particular, the prolonged period of elevated interest rates.”

/////////

Elevated interest rates !!!

THEY HAVE BEEN LOWER, THAN THE AVERAGE, OVER THE LAST 60 years !!!

[sikhthetech] 19/6/2024 13:53

Jugears,

You back to 'long term', never selling....
so according to your posts, that's around £100k down in a few days!!!

The HBs updates have been as expected.
The BoE haven't reduced interest rates so far, as predicted..


You clearly concerned as you back to posting about 'long term'.


Also you and becky back to desperately posting about TLY.
You do know all parties are promising to reduce NHS waiting lists. TLY's subsidiary provides it's services to the NHS to reduce Elective Care waiting lists. Mcap £15m.

Everyone needs healthcare, not everyone needs new build homes.

[beckers2008] 19/6/2024 13:30

Yeah, yeah, blah, blah DvD and you shorted at £1.33.35.
HB's flagged a 33% reduction in volume over a year ago and again in 24.
'A reduced dividend payout' you say, lol.
Ffs do some research!
Your telling a story which is 2 years old, keep up!

Welcome to the Tw. troll losers club along with the other village idiots, Sikhthetech, sT to mention a few, lol, just lol!

[danvandan] 19/6/2024 13:17

'bang on expectations'? Whose expectations exactly? The market has been consistently hyped-up with other 'expectations' like falling interest rates and allegedly rising house prices. That's why the share prices for house-builders have risen out of step with actual outcomes. BKG's results are as its management predicted, and they now confirm that:

Throughout the year, the value of underlying private reservations has been consistently around a third lower than FY23, reflecting the ongoing macroeconomic and geopolitical uncertainty and, in particular, the prolonged period of elevated interest rates.

[jugears] 19/6/2024 12:27

Sick, what was wrong with BKG results, they were bang on expectations as will Tw 's, had we not had Covid, followed by a War, higher cost of living & higher rates then I am sure Tw's share price would be nearer the £3.00 but as I don't have any plans to sell its not a problem as far as I am concerned, unfortunately I don't have a crystal ball but I do have confidence in Tw's long term prospects that is why I am happily invested here, how are TLY doing? must be back near 20p by now if they are so good????
I am not sure the hb's do need government help, they still seems to be plenty of houses being sold, houses prices wont fall whilst there is a shortage & even any short term falls wont last once interest rates fall unless production doubles & we all know that wont happen.

[beckers2008] 19/6/2024 12:01

Sikhthetech,

What a mug-punter you are, TLY was 300p (advised by a poster on TLY) a share when you invested and made up your own premium ramping board over ten years ago, lol!

I told you to sell when TLY were 40p, you no listen, it went to 3.8p on the bid, lol!

You have once again proven that you are a village idiot...
When is your house price crash prediction gonna come true, you've been wrong every year for 6 years, lol, just lol!

Your not credible.

[sikhthetech] 19/6/2024 11:26

BKG fy results show that the housing market remains uncertain. HB need govn help.

Relying on govn help doesn't resolve the problem. House prices are too high.

[sikhthetech] 19/6/2024 11:20

Garycook
"Need to build more Houses in St Albans then "

There's a huge debt problem. Internationally, govn, organisations, individuals.

Why are HBs building less then?

Affordability.

[sikhthetech] 19/6/2024 11:19

Kreature
"Someone has to pay for all the diggers Jugs. I thought you said 180 ? Have you downgraded to 150 ?"

Jugears has a long history of changing his mind, daily!!

Jugears was predicting 300p by Sept 2021, so 3 years ago!!!

[garycook] 19/6/2024 09:30

Need to build more Houses in St Albans then !

[kreature] 19/6/2024 08:48

Berkeley down over 4%….. now what?

[kreature] 19/6/2024 08:43

Someone has to pay for all the diggers Jugs. I thought you said 180 ? Have you downgraded to 150 ?

[jugears] 19/6/2024 08:29

Back to £1.50 by next week.

[kreature] 19/6/2024 08:07

Greater liabilities at TW ? Good idea to rent out hutches, perhaps TW will have to do the same ?