Taylor Wimpey Share Discussion Threads

[beckers2008] 21/6/2024 12:12

sT,

Not if your average was £1.03 having purchased at 86p!
See the share price is holding above £1.40.

As I have consistently said TW. Are the most compelling investment in the HB space, shame some village idiot didn't take my advice, whilst losing their shirt on the dog TLY, lol, just lol!

[sunshine today] 21/6/2024 08:10

With respect, the share price here over the last decade of booming prices, has been dismal.

[beckers2008] 21/6/2024 07:28

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] 21/6/2024 00:47

And of course a trade journal like 'property eye' will talk up breathlessly, anything that it thinks is positive. The actual sale prices recorded by the land registry will be a better barometer of the market.

The ACTUAL news today is that interest rates were not reduced, not even by a quarter of one percent, even though inflation has allegedly reached 2%. Now people are talking about August as the potential month for lower interest rates, but the money markets are giving that likelihood about 50/50. Meanwhile, everyday, more and more people come to the end of their low fixed rate mortgage and doubtless some of them will decide to sell up and downsize, putting even more property on the market.

Eventually the boundless optimism displayed by a few people with their endless hype will have to give way to hard facts regarding TW's earnings - in six weeks.

[danvandan] 21/6/2024 00:40

'House prices' are not the same as sale prices. You will find that people have advertised their homes with optimistic selling prices in what is traditionally a busier time of year for home-buying. However, it remains very much a buyers' market. The number of homes for sale are reportedly at a ten-year high. Many people are trying to sell, but buyers are few. We will see in a mere six weeks how TW has fared this year. I see no reason to doubt that it will be any different to Bellway, Crest and Berkeley; fewer sales, reduced margins, lower earnings than 2023, which was a bad year.

Talk it up all you like, the proof will be in the numbers in black and white.

[beckers2008] 20/6/2024 22:49

From Propertyindustryeye...

UK house prices increased for their second consecutive month in April, latest official figures show, as the housing market continues to show signs of recovery as the economy improves.

The average UK house price increased by 1.1 per cent in the 12 months to April, according to a provisional estimate from the Office for National Statistics (ONS).

This figure accelerated from 0.9% annual growth in the year to March and marked the second month in a row with an annual increase, after eight straight months of declines.

Sentiment in the housing market has shown signs of improvement this year despite mortgage rate remaining elevated and the Bank of England continuing to hold interest rates at 5.25%.

Separate data from the ONS yesterday revealed inflation returned to the government’s 2% target in May for the first time since July 2021.
However, the central bank is still expected to wait until at least August to cut interest rates. Its next meeting is scheduled this morning.

The ONS said house prices rose by 0.6% in England, 0.4% in Wales and 4.5 per cent in Scotland in the year to April.

The data also showed that average UK private rents increased by 8.7% in the 12 months to May, slowing from an 8.9% increase in April – which came after a rise of 9.2% in March.

[baracuda2] 20/6/2024 22:13

I totally agree with you jugs

[jugears] 20/6/2024 21:56

Well well well, buyers who were waiting for interest rates to fall are starting to proceed with purchase through fear of house price rising when interest rates start to fall,buyers don't go away they wait. IMO We are going to see a surge in house sales long before interst rates bottom out, as it will.be near on impossible to meet demand when it does increase I think we can safely say house price are going to rocket, it looks like my investment here that has now cost me nothing is going to double in value in the not to distant future. IMEO that turning point could now come at any time.

[beckers2008] 20/6/2024 15:17

sT, just in case you missed it due to your board hopping, lol!

sT,

Your comments allude to even ever increasing house prices as evidently is happening, unlike Sikhthetech's 6 year longing of a house price crash, lol!

Did you likewise short as the village idiot's DvD and Kretin, lol, just lol!

[jugears] 20/6/2024 14:37

The gov could buy cheap farm land & grant themselves planning permission instead of paying farmers to grow what is in effect bloody bird seed!

[lefrene] 20/6/2024 13:50

To make housing affordable go back to pre April 1974 credit rules. Gov might have to nationalise all building land, but then one would be selling houses and not selling grossly over priced patches of dirt.

Then with genuinely affordable homes, families can get established with enough free income post mortgage to enable them to buy goods and services that keep other people employed.

Plenty of room then for builders to actually build, and be less speculators of bits of dirt. Fast track apprenticeships to get unemployed youngsters into work. It can be done , it just takes the will to face off the Nimbies, and Townhall tyrants.

[sunshine today] 20/6/2024 13:40

News just out .


US Housing Starts & Building Permits Plunge To COVID Lockdown Lows

[jugears] 20/6/2024 13:35

I don't think we need to be worrying about labour shortages, there isn't one at the moment & when Labour get in construction other than houses will dry up, there will be plenty more labour then but even that wont allow hb's to build anymore than normal because the supply chain wont cope, as for affordable houses there is not a chance in this country, to little land & to many people wanting to buy houses, I wouldn't say hb's are refusing to build more houses Its just good business sense at the moment, build what you can comfortably sell, the plus side is that building less now is just going to make a bigger shortage when demand picks up & sadly those that have money will buy & those that don't will be pushed further down the ladder, either way its all good news for TW as far as I can see, Happy Days!
I haven't read in any small print where the hb's have struggled to sell any of the houses the chose to build? if you want a new house now you are looking at 18 months plus waiting time in most cases!

[martyn9] 20/6/2024 12:55

Sikn, reality needs to kick in on this tradesmen problem to have any hope of building thousands more homes is as pre-Brexit more European skilled workers to fill a sodding big void.
Longer term more incentives for apprenticeships along with a complete turnaround with planning depts (good luck with that one). aimho.

[sikhthetech] 20/6/2024 12:41

Martyn

Exactly.

Parties are saying they will increase house building but the major problem has been affordability.

Their solution is to 100% mortgages, guarantees etc... which only kicks the problem further down the road.

There is a shortage of labour, HBs are refusing to build more..

Interest rates are likely to be cut by 0.25% next month. That's hardly going to make much difference to those hundreds of thousands coming off 2-5year fixed rates.

[martyn9] 20/6/2024 12:23

Makes me laugh with all these career politicians, housing targets!! you will find it impossible in the near term without a hell of a lot more tradesmen to build the bloody things and a decent interest rate to encourage buyers.

[sikhthetech] 20/6/2024 11:42

Jugears

"85k actually but not 100k It makes no difference to me"

There you go, caught out posting BS yet again.
What was the £45k you mentioned then????


sikhthetech19 Jun '24 - 17:22 - 28288 of 28297 Edit
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] 20/6/2024 11:08

As expected, BoE keep base rates unchanged yet again.



Newflow as expected:

sikhthetech - 22 Sep 2023 - 17:10:00 - 15976 of 18204
<...>

The problem is rates will need to stay high for longer.
Those coming off 2-5fixed rate mortgages still face paying double interest what they were paying.

Those with loans, credit cards etc will still be paying more for them.

Those used to low interest rates will need to adjust to accepting the more normal 'interest' rate.

Still a lot of affordability problems to filter through.

[beckers2008] 20/6/2024 09:39

sT,

Your comments allude to even ever increasing house prices as evidently is happening, unlike Sikhthetech's 6 year longing of a house price crash, lol!

Did you likewise short as the village idiot's DvD and Kretin, lol, just lol!

[1carus] 20/6/2024 09:11

DVD, what are you invested in?.... market is up massively since November and still continuing to rise with quality stocks, best run I have since before COVID. Shorts must be burning everywhere.

[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.