Taylor Wimpey Share Discussion Threads

[kreature] 02/7/2024 21:53

If you tell the truth, then you don’t need to have a good memory Becks. Good of Sikn to highlight your shameful posts. ATB

[beckers2008] 02/7/2024 21:29

DvD,

You must stop assuming, lol!
You are making yourself a fool regarding your short!

[danvandan] 02/7/2024 21:16

Well, well, well... thanks for that sikhtt. Confirms what I thought; frightened of the truth because they're over-invested AND a bit thick.

We have an interesting few weeks ahead. TW could rise a little due to Labour's somewhat empty pledge to build more houses, but that will ebb away when the market finally works out what it will mean for TW (ie, nothing because if anything, it'll focus on cheap housing outside TW's market).

The 10th could be an interesting day, depending on the scale of the profit warning from Barratt. Judging by the large short positions, it could be big, but maybe all the hedge funds have inexplicably got it wrong...

[beckers2008] 02/7/2024 21:07

Beckers2008 - 16 Oct 2023 - 11:21:35 - 16361 of 18328
sT/Sikhthetech,

I qoute you...

"Odd you should filter the very posters who try to prevent you losing your shirt.!!"

You have been negative on TW. since October 2018 and the price went against you, losing you shirt, lol!

sT/Sikhthetech,

Tell me, when is your long awaited (over 5 years) 40% peak to trough house price crash going to happen?
2018, 2019, 2020, 2021, 2022, 2023, all a No for all those years, lol!

Your a clueless mug-punter with Zero Credibility, lol, just lol!

Meanwhile...
Wimps have guided to the top end of estimates and increased the dividend. Pretty good performance.

[cupra kid] 02/7/2024 18:21

As I said. Desperation.

[beckers2008] 02/7/2024 18:14

"Well Cupra, if they crash, you can't say you weren't warned. Good luck."
Now where have heard that line before, that sounds like a village idiot Sikhthetech 6 year warning and every year warning, lol, just lol!

[danvandan] 02/7/2024 17:49

Well Cupra, if they crash, you can't say you weren't warned. Good luck.

[cupra kid] 02/7/2024 17:44

I do not have to justify my views to you I'm afraid and nothing said on these crazy BB's will affect my decision making. I'm comfortable with my purchases at both TW and PSN, that so far at least are doing fairly well. Unlike some recent short positions that were opened hey.

[beckers2008] 02/7/2024 17:44

C,

And desperate Dan's posts are getting, longer and longer...
Reminds me of the 6 year village idiot Sikhthetech when all the noise was here in Mid October 2022, when you could pick these up for 80-90p!

[kreature] 02/7/2024 17:25

“ Cash buyers are fine,”

Well not , imv, if they’re getting scammed with a fake freehold house

[cupra kid] 02/7/2024 17:15

DVD - The guy that went short at a much lower price than today. You can almost smell the desperation in each post.

[danvandan] 02/7/2024 17:07

Jugears, affordability means home-buyers with average earnings having the money to pay the monthly mortgage. Interest rates have gone up by around 4% - fixed rate mortgages are around 6% today where previously they were less than 2%. To arrive at a monthly mortgage similar to when rates were low, a buyer would need to spend around £100k less on a home. That's a massive drop when the average property in England is £300k.

If you look at the way that people buy property, many seek the biggest mortgage they can get in order to buy the best house that they can afford at the time. A great many of those people will not be able to find an extra £1k or more each month to service their mortgage when their low fixed rate finishes. Some will mitigate the additional cost by extending their mortgage or paying the interest only (essentially the same thing) and a lot of these people (we are talking about tens of thousands of homeowners) will recognise that they are living in a property that they can't afford and they will attempt to sell. The flood of these semi-forced sales has barely started, but it can be seen in the rising number of properties on the market; currently at a 10-year high despite all of the house-builders scaling back their new builds by 20-30%.

As far as new properties are concerned, the addressable market has shrunk drastically for the affordability reason. People who would've bought a TW house with a £250k mortgage and £50k in cash are priced out. Cash buyers are fine, but they are the minority and since it is now a buyers' market, cash buyers will of course negotiate lower prices. That is why we are seeing the house-builders talking about incentives and 'stability' in the pricing, but we are right at the start of this new affordability environment. Nationwide has reported a 25% drop in the number of new mortgages. Further price falls are inevitable. Negative equity will follow. Distressed sales will follow that.

This situation is fragile and it will only take a couple of additional factors to turn this 'soft' sales environment into a stampede for the exit and a price crash.

[jugears] 02/7/2024 15:52

Sickly, as far as I am aware Tw have planning for circa 80,000 plots that about 5 years of work at 14k plots a year. so even if planning takes a lot longer they are more than covered,As far as I can see there is no major labour shortage either so there is nothing to stop them cranking up production when the time is right, as far as affordable homes goes, what actually is an affordable home & how do you build a home any cheaper than any other? its land prices that dictate prices closely followed by availability, if you are only building houses to supply those that can afford to buy a home why even bother about affordability for the ones that can't?

[kreature] 02/7/2024 15:47

‘ If you're going to try to use American slang, you should at least try to get the context right’

Lol

[beckers2008] 02/7/2024 15:24

DvD,

Check my posting history to check out your 'recently' tag!

You post the same negative nonsense as the other village idiot, just 2 years too late, you and it are not one of the same, lol, just lol!

[danvandan] 02/7/2024 14:59

beckers, you claimed recently that you bought TW sub £1.

What does 'ripped it a new one' mean in terms of posting on advfn? If you're going to try to use American slang, you should at least try to get the context right. Again, you come across as very thick. This is reinforced by your meaningless and idiotic use of 'lol'. If you want to be part of the conversation on this board, write something sensible.

[beckers2008] 02/7/2024 14:53

DvD,

Be careful assuming you know my position, lol!
Sikhthetech incorrectly assumed my position on PSN and I ripped it a new one, lol, just lol!

I have no interest in your emotion, but emotionally you are losing, lol!

You say TW's peers!! Lol, just lol!

[danvandan] 02/7/2024 14:50

Btw, shorts are climbing at Barratt. Two more hedge funds declared positions yesterday and Barratt's reported shorts (this doesn't include any short positions under 0.5% of the total shares) are now at 4.36%. This is one of the highest and only needs another two more shorters to push above the 0.5% threshold for Barratt to be in the top five most shorted shares on the LSE. Paradoxically, the Barratt share price is rising ever so slightly and this will likely just amplify the fall when it comes. Barratt reports on the 10th of this month. EXPECT A READ-ACROSS TO THE TW SHAREPRICE (a corresponding fall) when Barratt's dire results come out.

[danvandan] 02/7/2024 14:38

beckers, with all due respect (and you are due very little), you're the one who needs to do some research. You could start by reading the trading updates from TW's peers. If you think that the TW share price will not be negatively affected by its trading update at the end of this month, you're almost certainly in for a shock. And btw, reposting your false gibberish does not endear you to anyone here, so when the shock comes, you're unlikely to get any sympathy.

My short average is not 133p. I added a little to my existing short position in the 130s as I said at the time, but I entered higher, and I've added further to it in the high 140s/150p area. It's still a relatively small position and I'm ready to pile into it if I see an immediate short term opportunity. I've mentioned all of this before.

[beckers2008] 02/7/2024 14:35

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!