Taylor Wimpey Share Discussion Threads

[sikhthetech] 29/7/2024 11:04

Yes, 160p reached... Watching what new chancellor has to say and depending on that time for me to consider going short again.

Shame Jugears and Beckers missed the rise. Just sat there watching...
All that BS for years about 500k to invest and doing nothing about it. lol

[jugears] 29/7/2024 08:02

Sick & here we are at 160p, of course they will have built fewer homes that has always been expected so inevitably profits will be lower as for cancellation, dividends, cash in bank & prospects going forward we will just have to wait & see, short term if the chance arises I will add some more,at some point rates will fall & that shortage of homes is increasing by the day its a no brainer to hold these,
As I have said before Tw do not have a binding contract with shareholders to pay a dividend, that may be their desire but its not binding, dividends are just a bonus for investors not a gauantee.
I really don't understand the need to buy & sell shares, having bought here most of my holding at 30/37p & still holding those shares, I have no complaints with the returns over the years ,a few 10k purchases are yet to return a profit but overall these are worth 5 times what I have paid out in total, I have taken enough in dividends to cover my total purchase price, Imeo trading & shorting share is a very risky business where as holding long term offers imo no risks whatsoever, assuming you pick good solid British companies!

[beckers2008] 28/7/2024 22:05

K, This goes for you, the biggest lose at £1.095, lol, just, lol!


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] 28/7/2024 21:57

——
‘Beckers200828 Jul '24 - 19:07 - 18580 of 18581
“Yes, and I admitted I was wrong and got in too early,”
——

Lol

[sikhthetech] 28/7/2024 18:24

Wed 31st July - TW H1 results
Thur 1st Aug - BoE rate setting meeting


I'm expecting TW to continue to build fewer houses compared to previous year, reservations down, cancellations up, lower cash balance, unchanged divi (given their divi policy.
The outlook will be the most interesting bit.


Jugear's claims the execs told him 18months ago at his retirement party that they were busy as ever, him being busiest in 40years, there's no affordability problems etc were clearly misleading. The company themselves have stated they are building fewer houses due to affordability.

[beckers2008] 28/7/2024 18:07

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!

[gaygay3] 27/7/2024 21:43

Labour say they want to build council and affordable houses who are going to build them TW do build affordable homes on new estates now.are the council houses not going to be brick homes

[beckers2008] 27/7/2024 08:28

""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.

Evidently, you talk utter nonsense, lol!

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

[kreature] 27/7/2024 01:26

‘ There has been a dip in new energy performance certificates (EPCs), suggested falling home sales and property supply’

[danvandan] 26/7/2024 18:49

Here are just three developments, two of them pushed through against local objections, that show the kind of building that will ultimately enable the government to meet its targets - mostly flats rather than houses.

The most interesting of these to my eye is the Manchester project where brownfield land nominally worth £1.2m has been gifted to a developer for four quid, plus a reported development grant of £8m. These are the kind of developments and special relationships that I've mentioned in my longer posts over the last couple of weeks that will erode the current high price of property and crucially, erode the value of builders' landbanks.

In my view, all of this bodes badly for TW. However, for the moment, the market is oblivious.



Prime development land to be sold off by council for just £4
Bolton Council's leader said the deal would mean work on the long-delayed £75m Church Wharf project 'can start quickly'




Welwyn Hatfield MP Andrew Lewin has revealed his "disappointment" after plans for 151 homes on the site of Welwyn Garden City's B&Q store were pushed through.



Bromley council has greenlit a scheme to build more than 350 rental homes in partnership with John Lewis on a brownfield site in the area, in a sign that Labour’s housebuilding drive is starting to take root.

The build-to-rent scheme will be developed, owned and managed by John Lewis.

[danvandan] 26/7/2024 18:39

It's undeniably a really interesting situation with the listed house-builders. Barratt easily seem to be in the worst situation and hedge-funds have piled on with their shorts, but the share price continues up. At Crest, a broadly similar situation, the rising share price has seen off much of the shorts, though 2% reportable remains in place. The hedgies' resolve is being tested and some are being found wanting.

Here, the TW shareprice managed a rather tepid rise today on a big bounce for the overall market, but again, we're at a two-year high against what looks like a four-year low for production (to be confirmed on Wednesday). Sentiment continues to be bouyed by the idea that house-building will take off for all the builders. However, if you read the article that I linked here earlier this week, you'll see that not all house-builders are created equal and that prospects for TW do not look good when properly examined. Evidently the market does not see it yet, but at some point it will. Longs, enjoy the share price while you can.

[jugears] 26/7/2024 16:11

Yep, I don't think the markets agree with sicklies pessimism!

[craftyale] 26/7/2024 13:34

Haven't noticed.... although I visit the threads/boards less and less these days. Ramping, repetition and the moronic arguing keeps me away. I do however appreciate the (very rare) posters who add quality. I remain bullish here at TW. Almost at 160p. Looking forward to Wednesday.

[jugears] 26/7/2024 10:04

Sikh, where is this written contract to say that TW HAVE to pay shareholders c7.5% Nav ??? There is no contract to say they have to pay a single penny just like they didn't in covid? I'm not here for the dividend, I never take dividends for granted in any of my investments, they are nice obviously but I would never rely on them as an income stream. material cost have plunged, not increased & buy now almost certainly in negative territory, again with you its if buts & may be's, lets see what they have to say next week, good or bad I wont be selling, but you never know I might just get a brief chance to buy a load if the price is right!

[beckers2008] 26/7/2024 08:33

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!

[beckers2008] 26/7/2024 08:28

K, DvD, Sikhthetech,

Whichever way you look at it, the market has gone against you, in other words, you have called it wrong.

DvD, short, wrong at £1.335
K, short, wrong at £1.095
Short traders, the good ones, set up stop-losses at usually 15%.
This tells me that both of you are telling porkies, DvD broke through 15% and K's crashed!
You are not traders, you are trolls and not very good emotional ones, lol!
Sikhthetech, lost it's shirt back in October 2018 and can't let it go, bleating ever since, lol, just lol!

[kreature] 25/7/2024 23:44

Zoopla users can now filter their property search by leasehold and freehold. But why not add a Fleecehold filter to show the fake-freeholds ?

[sikhthetech] 25/7/2024 19:45

TW's big problem, unlike other HBs, is their divi policy - they are committed to paying c7.5% NAV. If housing builds continue to remain low and the housing market remains uncertain then cash will decline faster.
They are likely to have to use their credit facility of £600m.



sikhthetech - 02 Aug 2023 - 13:19:08 - 14942 of 1505
<...>
Agree. They have a dividend policy which they have committed to, c7.5% of NAV and will cost approx £250m pa. Housing market is in a downtrend and costs (wages etc) uptrend. Therefore, they will lose cash very quickly. It explains why they had to increase their credit facility to £600m and until 2028. They obviously believe they could need extra millions over the next 5 yrs.

[jugears] 25/7/2024 15:02

sick, most people would have been paying at least 1.5% mortgage interest, you can get a fixed(if you are really thick & very stupid)for less than 4% so hardly mega rises & it depends on how big your mortgage is & as there is no official data to tell us that, then your guess is a bout as good as that bloody think tank & Guardian, although the word THINK is a good clue as to its accuracy! It is all ifs buts & maybe's, in my opinion it probably wont be.