Taylor Wimpey Share Discussion Threads

[beckers2008] 25/10/2024 15:03

"Starmer pressed of whether his definition of a “working person” includes those who earn part or all of their income from property or shares.

Mr Starmer said: “Well, they wouldn’t come within my definition.” END

I thought company staff who are part of a share save scheme are defined as 'Working People'

The PM should make his definition 'Working People' perfectly clear to his electorate.

[sikhthetech] 25/10/2024 14:06

Jugears,
"School hols"

So the share price is falling because of school hols??. Can't be investors selling, can it?


I think the govn plans to tax non-working people has more to do with it.

:-)

[jugears] 25/10/2024 11:30

CD, as its School half term,then the budget,Tu & Us elections I'm not expecting any thing to happen, after which I expect the markets to rise across the board until Christmas, I expect TW tu to be promising & an interest rate cut so probably back to nearer £1.70 in coming weeks.

[claret dragon] 25/10/2024 10:29

Working the system.

Anyway next week. Rachel might have something to either horrify or boost

housebuilders share price

Im not sure what way it will go though

[beckers2008] 25/10/2024 10:01

Oh Dear! This 'Working People' definition again,!

The Prime Minister has slammed landlords by not confirming they are “working people”.

In an interview with Sky News, Keir Starmer struggled to define a “working person” but says people who earn income through property or shares are not working people.

The issue is important because the Labour election manifesto promised not to raise taxes for working people – which means landlords should prepare for a tax hit in next week’s Budget.

Mr Starmer’s comments come as a cabinet minister also refused to say six times on BBC Radio 4’s Today programme whether landlords are working people.

Wouldn’t come under my definition
When asked to define a working person Mr Starmer said: “A working person is somebody who goes out and earns their living, usually paid in a sort of monthly cheque.

“People who go out and work hard and maybe save a bit of money but can not write a cheque to get out of difficulties.”

Beth Rigby on Sky News, slammed the Prime Minister for his broad definition of working people and pressed on whether his definition of a “working person” includes those who earn part or all of their income from property or shares.

Mr Starmer said: “Well, they wouldn’t come within my definition.”

The Prime Minister then refused to rule out a tax rise for landlords in the upcoming budget.

According to the Daily Mail, Downing Street later tried to calm the storm following the Prime Minister’s remarks, insisting that individuals who hold a small amount of savings in stocks and shares still qualify as ‘working.̵7;

The PM’s official spokesman stated that Mr Starmer was referring to Britons who primarily earn their income from assets.

Refused six times
Mr Stamer’s comments come as a cabinet minister refused six times to say whether a landlord is a working person.

Nick Robinson on the BBC Radio 4 Today programme asked Treasury Minister James Murray whether people who earn money from assets – such as landlords – are ‘working people’

Mr Murray simply said: “Our manifesto said we would protect working people by not raising income tax, national insurance or VAT and we will keep that promise.”

[beckers2008] 24/10/2024 09:26

WoM,

Kreature is a 'Village Idiot'

Proof as below...

"Kreature - 10 Nov 2023 - 08:25:58 - 4893 of 5676
Well I'm shorting the lot PSN, BWY, RDW"

The other village idiot 'Sikhthetech' has been calling a UK house price crash from October 2018, lol, just lol!

The trolls lost the argument over two years ago when I advised them to buy TW. at 86p. Lol!

They didn't listen, lol, just lol!

Consequently they are not credible.

[wolf of moston] 24/10/2024 00:45

Why would JP Morgan sell the share if they considered it to be overweight?

Are you suggesting that JP Morgan is attempting to manipulate the share price in reverse? They have an exit price but need the market to raise present value in order to reach it?

[kreature] 23/10/2024 19:03

Is JP selling as well then ?

[skinny] 23/10/2024 09:10

FWIW :- JPMorgan raises Taylor Wimpey price target to 170 (150) pence - 'overweight'

[jugears] 21/10/2024 09:10

Unfortunately it's not just affordable house's that the country needs, what about house's for those that can afford to buy houses, where will the house's come from when people want to up size? There won't be any but will be plenty of one & two bed houses with a family of six crammed in them,will these affordable houses be for sale or to rent,if rent who will rent them out? Not viable for private landlords & housing associations don't have the funds to buy houses either. Tw carry on what you are doing building private houses for customers that want to buy there own home!

[roguetraderuk] 21/10/2024 08:59

todays data from rightmove re number of houses for sale needs to be taken in context of the upcoming budget and the v likely highly negative effects for sellers post budget. so people are trying to get ahead of that as well as any cgt/iht issues.
but the most worrying thing i read over the weekend was that raynor is getting a cheque book for over a yard for social housing. for someone unable to decide which house she lives in it will be a tall order.

[jugears] 21/10/2024 07:44

Sick you of all people being a so called property expert will fully understand the impracticality of bring these empty properties back to life & tge cost implications involved pre the 1976 heatwave & drought properties were not required to have foundations a minimum of 1 m deep which creates many problems in a modern world,many houses were thrown up after the war that only had short lives but are still in use today, its a shame that they don't mention the million or so properties that people live in thatbshould be condemned! Even just the cost of making older houses energy effient can be cheaper to just rebuild them.

[beckers2008] 20/10/2024 16:41

"Beckers2008 - 02 Aug 2024 - 16:50:20 - 18726 of 18768

K, DvD, sT and Sikhthetech,

It is all panning out as I have been telling you over the last few years.
You have called it wrong and made fools out of yourselves and the market is playing you for fools, lol.

Expect earning growth to continue in 2025 and also in 2026.

BoE base rate at 6%
Absolutely no chance.

Q3 2024 interest rate reduction?
Absolutely every chance.
And my prediction came true, as expected.

Looks like I am going to be correct yet again.

Nothing more to see here.""

[sikhthetech] 20/10/2024 16:18

There you go as per my and other sensible poster's comments.

If empty properties are brought back into use then this would go a long way to solve housing issues.
The govn wouldn't need to build hundreds of thousands of new builds.

Tackle buy to let, as evidenced by landlords using platforms like Air BnB. Tackle empty homes.


Why are we building homes when so many are standing empty?

"There are just short of 700,000 empty and unfurnished homes in England, according to the most recent government figures, external. Of those, 261,471 are classed as “long-term empty,” meaning no-one has lived there for six months or more.

If all empty homes were brought back into use, the housing crisis would be solved at a stroke and, arguably, the government would not have to build 1.5m new homes."

[sikhthetech] 20/10/2024 16:03

gbh

"I find it difficult to believe that sikhthetech thinks that negative comments on advfn would have any kind of impact upon the share price "

Many posters including, Uhound, DVD, Lefrene, rw, Sunshine, Kreature etc have expressed their opinions, posted company/sector newsflow and their opinions based on their experiences. Many factors impact the housing market. As with many other threads, I've posted company/sector newsflow.

I certainly don't believe the BoE started increasing interest rate 6 months after I posted of 'inflationary pressure' or indeed started decreasing them as per the predicted timescale or the PSN/TW share price crashed as per the predictions etc etc.

My opinions were expressed based on my experience of the property market, economics/political newsflow.
Why not express your opinion and discuss?

The newsflow has been as expected:




"I used have contact with a Trader, while working in London and when I became interested in Trading, he told me to Never to Fall in Love with a Company, I should always treat company shares as a Product."

Glad you finally agree. As I and others like sunshine etc have stated. don't buy if you believe the price is going lower. I'd never buy anything if I believed the price was going significantly lower. That includes property, interest rates, any asset class, collectables, cars etc

We both have posted on the same thread other times. My posting history is there for everyone to see.




sikhthetech2 Feb '22 - 16:28 - 5623 of 9799 Edit

EI

"Some posters get very emotionally involved in this for various reasons which makes
0 difference to the UK housing market."

If posters are unsecure about their holding or investment decision then they would get hyper..


"For the HB's there will in all probability be more challenging conditions in '22.
whether now factored in is the tricker bit."

Exactly. As I've stated why would I buy any asset if I believe they are going lower and in the case of HBs, significantly lower.

I see affordability as a major issue, unless govn changes direction

[kreature] 19/10/2024 12:32

‘ People are far wealthier now than the 80's & 90's ’

What planet?

[jugears] 19/10/2024 10:31

People are far wealthier now than the 80's & 90's Imo & far less reliant on debt if you are a borrower & save then rising interest rates are negligible sick would have us all believe that home ownership is out of reach for the majority when infact its out of reach for a minority. I think the potential here has never looked better, but then sick shorts & trades but doesn't hold long term so he doesn't have any long term views imeo.

[beckers2008] 19/10/2024 09:06

gbh2,

100% correct.

[gbh2] 19/10/2024 08:21

I find it difficult to believe that sikhthetech thinks that negative comments on advfn would have any kind of impact upon the share price

I used have contact with a Trader, while working in London and when I became interested in Trading, he told me to Never to Fall in Love with a Company, I should always treat company shares as a Product.

Now, after +20 years in this game, I think that also goes for never hating a company to the point of being blind to its potential!

[beckers2008] 18/10/2024 14:30

Sikhthetech,

I qoute you...

"Exactly. Several on here are clueless as to how economics, politics, monetary policy, international markets etc etc"

You're totally clueless about your 10 year premium BB ramping board, lol!
The dog TLY that you have lost your shirt on, as well as your clueless short on TW. in October 2018, lol, just lol!

You are not credible.

[jugears] 18/10/2024 14:14

Sick you have harped on for the last 6 years & still Tw build houses & make a profit, Personally I don't expect to see much happen with stocks other than buying opportunity until after the budget & us elections, I have elected to reinvest all future dividends here back into shares as I don't need the cash & can see demand for houses slowly increasing from early next year.

[sikhthetech] 18/10/2024 14:10

UH,

Absolutely. If tenants can't afford the current rents, it's trouble ahead. Most can't exactly go to another one just down the road, hoping to pay significantly less.


"It's not about being positive for the sake of it. It's called understanding economics and being aware of the facts from having some involvement in the sector."

Exactly. Several on here are clueless as to how economics, politics, monetary policy, international markets etc etc impacts the UK housing market. There are lots of things which impact it.

[jugears] 18/10/2024 14:09

sickly getting desperate again to make a couple of pennies profit from your short ???? IMEO hb's building fewer houses will create exponential profits when interest rates fall & demand picks up further, IMEO hb's wont be able to build houses fast enough soon, you say business's & people have huge debt can you put actual numbers on these as the number of repossessions have been falling all year?, from my own research it seems to me that there are plenty of people that not only have money but can afford to buy property with cash, as the uk only builds a very small number of new houses hb's only need to concern themselves with a very small minority of the public generally those that can afford to buy a house of which there are many people.Yes some people & badly mismanaged companies thrive on debt but there are many many more that don't so please don't bore us by trying to make us believe that affordability & debt effects the majority when it doesn't, some yes, all NO!

[uhound] 18/10/2024 13:58

Most people on here are talking rubbish! I'm amazed by how much time some people spend on here.

It's not about being positive for the sake of it. It's called understanding economics and being aware of the facts from having some involvement in the sector.

Everyone is entitled to their opinion right or wrong, but some feel the need to name call if it does not agree with their own.

Good luck to all shareholders! Lol