Taylor Wimpey Share Discussion Threads

[jugears] 02/8/2024 08:45

Becks,that's exactly what my friend in the States has been saying for months.
LOL back to £1.60 next week.

[beckers2008] 02/8/2024 08:34

Global stock markets have plunged amid fears that the US Federal Reserve has left it too late to begin cutting interest rates and risks damaging the world’s largest economy.

Nothing to see here.

BoE base rate at 6%?
The trolls thought 8, lol, just lol!

The shorts have burned through their stop losses, if they had a position, which I doubt?

I'm sure DvD said it would send me a contract note as proof, lol, just lol!

[gbh2] 02/8/2024 07:43

I'm off to look for a new car, I'll be back for closing, enjoy you day.

[jugears] 02/8/2024 07:15

Sickly tell me about all these companies & people that are in debt, numbers please,
If it helps I haven't bought any shares this year other than a little company where I have traded a few, the last major purchase was Rolls Royce below a pound & Tw, 89p nearly 2 years ago when the market crashed where I also topped up LLOY, LGEN,AV.

[kreature] 01/8/2024 22:14

Yeah you know businesses are struggling when the plumber fks you over with an extortionate invoice for pipe-work, just cos you trusted them and didn’t bother with a written quote

[sikhthetech] 01/8/2024 19:54

UH,

"No one seems too worried about the economy currently it seems."

I agree.

Huge debt.
Govn in huge debt, businesses in debt, individuals in debt.

The economy is on a knife edge.


I'm holding back on several, which are on my watchlist, due to the current situation.


Easy to trade hyped sectors.

[beckers2008] 01/8/2024 17:04

Sikhthetech,

You have been eagerly waiting for 6 years, lol!

Tell me, when is your each and every year for the last 6 years, house price crash going to happen, lol, just lol!

You are not credible.

[sikhthetech] 01/8/2024 15:46

Jugears/Becky,

You eagerly waited months/years for the BoE to give you 'fantastic' news of rate cut and the share price ends broadly flat.

Yet again, proven to be clueless

[baracuda2] 01/8/2024 15:40

Any idea why the markets are being dragged down today?

[kreature] 01/8/2024 15:32

This company and Mr Pis seem to know what they’re doing….

‘Scheming To Help you Buy a Home’

[kreature] 01/8/2024 15:27

Great 5 quid saved on mortgage. How does that help when everything else is a rip-off? I suggest TW stuff their grass cutting money up their soil pipe.

[uhound] 01/8/2024 14:32

No one seems too worried about the economy currently it seems.

Rising unemployment, business profits down in many sectors, high property prices, wars across the world and stock market prices in massive bubble territory particularly in the US!

I fear a downturn in stocks that bring down everything!

Currently stock portfolio 70% in cash.

[jugears] 01/8/2024 13:20

Sikh, since Covid the number of wannabe home owners has grown substantially, those buyers don't go away they wait, It doesn't take much IMEO for buyers to return to the market & with very few houses being built People will be more worried about not getting on the housing ladder before prices rise than interest rates.

gbh2 here here, couldn't agree more, its a shame they can't stop them having more than one user name!

[gbh2] 01/8/2024 13:02

Filtered user posts now hidden from our sight, thanks to advfn support :))

[gbh2] 01/8/2024 13:00

I no longer see Filtered user posts, well done advfn support :))

[craftyale] 01/8/2024 12:49

TW. Ex div Oct 10. Payment Nov 15. 4.8p. Yield over 6%. share price continues upwards. ;)) Still holding over 100k shares.

[beckers2008] 01/8/2024 12:46

Sikhthetech,

I qoute you...
""Your friend sounds as naive as you"
You're having a laugh, there's nobody as naive on this BB as you, the ultimate classic mug-punter.

Tell me, when is your each and every year for the last 6 years, house price crash going to happen, lol, just lol!

You are not credible.

[sikhthetech] 01/8/2024 12:32

Jugears

"Joe public has now got it firmly in their heads that interest rates are falling nothing else matters"

The BoE controls interest rates. It DOES matter what they say about future direction of interest rates. The outlook would be reported by economists/reporters in media.

If potential homebuyers think interest rates are falling then many will wait for further falls. Your friend sounds as naive as you but then given the past advice they have given you and your posts being completely wrong, it's not surprising.

Likewise those hundreds of thousands coming off 2-5fixed rates will still be paying double+ on their mortgage interest. More and more are getting into higher debt. Repossessions would increase.

[danvandan] 01/8/2024 12:30

jugears, you're optimism is likely to be misplaced. The lesson that people have learned is that mortgage rates can and do go up, often by a large amount and over a short timeframe. Lenders will continue to apply greater 'stress testing' criteria to new mortgages so that borrowers do not become over-extended if rates rise by 2% or 3% or even more. The rising interest rate genie is out of the bottle and cannot be put back in.

As for £1.80, well who knows, but the TW shareprice is a house built on sand. The fundamentals have not changed and TW is on a course where profit margin continues to decline, because labour costs are increasing, the market is oversupplied and this will increase, and house prices will stagnate or fall. There is no avoiding this. TW's full year report will show a further decline in margin and sales volume will continue to be at historic lows.

[jugears] 01/8/2024 12:20

Sikh, it doesn't matter what the governor says now, people can see rates falling & not going up & that is the key point, My friend said at the weekend all we need is one cut to change sentiment!Unlike you & I that are investors & know the pitfalls,Joe public has now got it firmly in their heads that interest rates are falling nothing else matters, I'm not saying it will be in a straight line but £1.80 here we come.

[danvandan] 01/8/2024 12:18

A tiny bit of good news today on the interest rate, but not enough to make any difference to the housing market because:

1. Thousands of people with mortgages will continue to finish fixed rate deals and have to contend with new deals where they are paying two or three times the interest they were paying previously.

2. Most lenders have already priced in a very slightly reduced rate and will not be passing on this reduction.

3. It's a tiny quarter point reduction and would only reduce a £250 mortgage by £50 a month, and most people are instead paying hundreds of pounds a month more on their mortgage compared to 2020.

4. Bailey is indicating that it's unlikely there'll be any more reductions soon.

If inflation picks up it's likely that rates will begin rising again. Historically speaking, 5% is a very low interest rate. The reason we had rates close to zero was an unprecedented coordinated global response to the global financial crisis. We are returning to a more usual situation where individual economies set rates appropriate to their domestic situation. We will be fortunate if rates in the UK stay at 5%. At some point, they are bound to rise.

[beckers2008] 01/8/2024 11:54

Sikhthetech,

Just in case you missed it, see you trolling on the other TW. BB.

Beckers20081 Aug '24 - 12:47 - #28335 Edit

Sikhthetech,

You lying troll, you expected rates to go to 8%, lol!

Tell me, when is your each and every year for the last 6 years, house price crash going to happen, lol, just lol!

You are not credible.

[sikhthetech] 01/8/2024 11:50

And the important bit, as I've previously mentioned... It's not the rate cut but what the Governor says about outlook..
;-)


"Andrew Bailey adds to the message that it is unlikely there will be a flurry of interest rate cuts over the next few months.

“We need to put the period of high inflation firmly behind us," he says, and "we need to be careful not to cut rates too much or too quickly”.

The Bank is forecasting that inflation will increase to about 2.75% later this year, before returning to its 2% target next year."




sikhthetech - 31 Jul 2024 - 21:44:56 - 18670 of 18682
<...>

Let's see what BoE say tomorrow. Their outlook is the important bit.

[sikhthetech] 01/8/2024 11:49

And the important bit, as I've previously mentioned... It's not the rate cut but what the Governor says about outlook..
;-)



"Andrew Bailey adds to the message that it is unlikely there will be a flurry of interest rate cuts over the next few months.

“We need to put the period of high inflation firmly behind us," he says, and "we need to be careful not to cut rates too much or too quickly”.

The Bank is forecasting that inflation will increase to about 2.75% later this year, before returning to its 2% target next year."




sikhthetech - 31 Jul 2024 - 21:44:56 - 18670 of 18682
<...>

Let's see what BoE say tomorrow. Their outlook is the important bit.