Taylor Wimpey Share Discussion Threads

[kreature] 13/7/2024 17:08

Peak to trough is already minus 20% adjusted for inflation.
40th anniversary of Orwell 1984 anyway, so no doubt they got something planned

[beckers2008] 13/7/2024 14:49

K,

So you agree with me, TW. results will not be amazing.
You getting as bad as sT, banding stupid figures around.

Tell me... Will the BOE Base Rate hit 6%?
Absolutely no chance!

Over 30% of house purchasers are Cash. Do you think house prices are going to crash 40% peak to trough as the village idiot Sikhthetech believes?
Lol, just lol!

[kreature] 13/7/2024 13:26

Becky, prob irrelevant when average mortgage cost remains around 5%……R30;.and when food prices are officially up 31% in the last 3 years. Or more like 100% up at co-op imv……. Net result appears to be affordability issues. Silly house builders are offering ‘price reducer’ mortgages which of course are only temporarily low rates and will prob end in home owner being fked from all financial angles down the line

[kreature] 13/7/2024 09:46

Half Year results 31st July. Should be amazing

[soilderboy] 13/7/2024 09:39

You are probably close to the truth here. Since 2008, underwriting criteria have continuously changed. Lenders have become more and more reluctant to fall into a negative equity situation. This is why, no matter how many houses we build, we will struggle to put low income first-time buyers on the map. It's a no-win situation in a way. Looks like the £1.80 days may be coming back!

[beckers2008] 13/7/2024 09:09

Sikhthetech,

I told you the UK housing market has changed, evidently the market views my opinion, correctly.

You being the village idiot chose to ignore my buy recommendation at 86p!

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] 12/7/2024 19:52

Look at the timing. All HBs rising around time US market opens.

Best to trade hyped sectors.



sikhthetech20 Feb '22 - 15:26 - 5884 of 5899 Edit
<...>
When the housing market crashes, no HB is immune from the crash. Likewise, listed HBs are not immune from stockmarket falls or movements.

Govn support, provided during pandemic, has ended. Repossessions which were stopped during pandemic are legal again.
Around 30k homeowners in severe mortgage debt.
Inflationary pressure, interest rate rises, NI rises, Council tax rises, energy price rises all impact affordability.

[kreature] 12/7/2024 19:47

Beautiful 157p shortly before the glorious results.

[beckers2008] 12/7/2024 19:07

DvD,

"my last increase was 149p" lol, yeah course it was!

SP breaking through resistance at £1.55 on strong volume today.
Support at £1.50 and strong support at £1.40.
Now, did I get that right DvD, lol!

How's DvD's pitiful short at £1.3335 doing, lol, just lol!

[danvandan] 12/7/2024 17:24

beckers has finally made a post worth discussing! Sandwell council's continued opposition to a new housing estate by Wain Homes (the Peak House Farm development) is in the news and will be an excellent test of Labour's commitment to new housing. The council have rejected an earlier development with a particularly thin argument, and the local Labour MP is speaking up for her nimbys, which is expected.

An interesting point to note - there are hundreds of smaller house-builders who, if successful in these new applications, will bring further competition to the big listed house-builders and erode pricing for the sector. TW will not be delighted - don't forget, it's not a lack of planning consent that's holding back TW production; it's the affordability issue and maintaining profits. More building means the big builders' stranglehold on supply could be thoroughly broken.

The TW shareprice continues to rise on 'irrational exuberance'. I'd been kicking myself for missing out on increasing my short around 153p (my last increase was 149p) but now I'm wondering if the price actually might keep going even further, so am keeping plenty of dry powder. I might make this a larger short if we get high enough. Longs, enjoy it while you can. GLA.

[danvandan] 12/7/2024 17:12

Market sentiment is certainly behind the house-builders right now, bouyed by Labour's loudly trumpeted plans to increase house-building (but not by very much). Intriguingly, Crest seems to be seeing off the shorters - several have exited over the last few days, and whilst there's still a substantial short on the shares (about 2% reported), others have given up for now. At Barratt, the shorters are showing stronger resolve and a very small reduction still leaves the reported shorts at 4.16%, one of the highest on the LSE. Despite Barratt's dire reported results, the share price continues to defy gravity.

We await developments.

[craftyale] 12/7/2024 15:34

A good ending to a nice few weeks. Loving it.

[cupra kid] 12/7/2024 14:41

2 year high

[laurence llewelyn binliner] 12/7/2024 14:33

Not in my back yard.. *412.. :o)

[beckers2008] 12/7/2024 13:14

Nothings changed, only a week in and trouble in the Labour ranks!

Telegraph...
"Labour MP opposes new homes in her first week on the job despite party’s housing plans
Sarah Coombes ‘speaks on behalf of residents’ in her West Midlands seat despite party’s vow to build more houses on green belt"

[beckers2008] 12/7/2024 09:54

SP hitting resistance at £1.55.
Support at £1.50 and strong support at £1.40.
Now, did I get that right DvD, lol!

How's DvD's pitiful short at £1.3335 doing, lol, just lol!

[1carus] 11/7/2024 20:04

Cala and TW have a different product, Cala is marketed as slightly more upmarket. Often an upgrade purchase and a very high level of cash purchases up here in Scotland 70% plus. They are not comparable, different size, geographics, demographics and products.

[cupra kid] 11/7/2024 16:51

I hope DVD comes on to tell us that the BDEV shorts are reducing lol

[cupra kid] 11/7/2024 16:35

And shorters getting burnt, burnt, burnt.