Taylor Wimpey Share Discussion Threads

[jugears] 01/11/2024 14:19

gbh2, as far as farms are concerned what she should have done was change it so that if a farmer leaves cash the tax applies but tax only applies on assets if you intend to sell them & not carry on the family farm, this would help those family farms where the next generation wants to carry on & help the government if they don't want to carry on IMO, I'm not sure what happens if you are a limited company with directors because surely the companies assets just passes to the other surviving directors?

[kreature] 01/11/2024 13:48

That’s only 20 hectares, nothing to brag about Jugs

‘ if you choose to buy houses with money you haven't got(a bit like shorting shares)why should you be treated differently to any other home owner??’

Because you don’t live in it, and instead provide a service, that being accommodation. How is that different from any other business with tax deductible interest on borrowing?

[jugears] 01/11/2024 13:23

Sick how quickly will this benefit TLY if they are successful in wining contracts? tomorrow/ next week/next month/ next year/2026/2027???? it is likely to be years rather than months, nothing in the budget has affected private house buyers other than those with two homes that can obviously afford it if they have the means for a second home in the first place & then b2l landlords who think they have a right to mortgage interest relief on there borrowings? why should they? if you choose to buy houses with money you haven't got(a bit like shorting shares)why should you be treated differently to any other home owner??? Fortunately the rent on my houses paid for them years ago & are completely debt free so I don't have to worry, just one cut in interest rates will propel the housing market, not that its doing badly anyway, strange though that my property has increased 8% in value since the begging of last year, I have also noted how higher value property seems to sell faster than small homes, there are 3 houses in one of the villages all circa 200K that have been for sale nearly 12 months, cant find any that are cheaper though than 18 months ago so what happened to this 30-40 percent peak to trough? I assume you meant gains & not decreased in value? who ever gains or loses It will be a waiting game for now, I don't expect it will be many weeks before we are back near £1.60 again anyway. When rates do come down a bit & buyers return to the market & house prices rocket & they will due to lack of supply shall I come back & say I told you so? remember what a house builder said to me 2 years ago this month, It is not the time to be building less houses & that remark will prove spot on. I certainly wouldn't want to put my money anywhere else, unfortunately we have the burden of the us elections yet.

[essentialinvestor] 01/11/2024 12:44

Bought a very small amount of BKG, keeping TW on my watchlist for now. Also bought some GRI this morning.

[sikhthetech] 01/11/2024 12:31

The reaction here is as expected.

The Budget is bad for housing market, good for NHS. All predicted,

[jugears] 01/11/2024 12:07

Gbh2 I'm not sure Rache is doing herself any favours by saying she doesn't care if people don't like her budget lol, I here that farmers are planning some sort of protest & I have noticed a lot of growing unrest on social media & the circles I socialise in amongst business people with talks of strikes & one day shut downs.

[gbh2] 01/11/2024 11:13

Snap, I have the same number :)

[jugears] 01/11/2024 11:04

obviously my filtered users lol

[jugears] 01/11/2024 11:00

Thats what it says

[gbh2] 01/11/2024 10:58

There are 249 hidden posts from your filtered users! :))

[jugears] 01/11/2024 10:52

There are 249 hidden posts from your filtered users!

[gbh2] 01/11/2024 10:26

China knew what they were doing when they released COVID, the Virus killed many but it destroyed the West's economy.

[kreature] 01/11/2024 10:05

Looks like they want everyone under someone’s thumb, be it via a 40 year mortgage, or an apartment service charge, or a fleecehold management company, or paying rent to some unforgiving build to rent corp?

[essentialinvestor] 01/11/2024 10:01

If people want to look for reasons why Labour are in power, the above writes it in red.

LAB dire to this point, but after 14 years in power, the Tories delivered the above.

[gbh2] 01/11/2024 09:48

It's the Electoral illiterate idiots that voted for Reform that created this fiasco!

[essentialinvestor] 01/11/2024 09:48

No rush to buy here atm, consumer confidence will now take a knock.

Q4 is usually the weakest of the year (in share price performance) for the sector.

Nice recovery next year, hopefully.

[danvandan] 01/11/2024 09:40

So you're saying that the share price could get back to 86p? Looking at the price action, I'd say a lot of people agree with that and are cashing out now. Ominous move downwards this morning - a continuation of yesterday's fall instead of a bounce back. 120p by Christmas perhaps?

[beckers2008] 01/11/2024 09:31

All of my calls relating to the BoE during Conservative rule have been correct and all that followed my advice to buy here at 86p have been handsomely rewarded.

Red Rachel's £40bn tax raid, inflation busting budget, all bets are now off!

Labour have always been a tax and spend party. Expect more tax rises in the mid term

[danvandan] 01/11/2024 09:05

I see jugears trying to kid himself and everyone else this morning. The share price speaks volumes - lower highs and lower lows. The down trend is now established and a big short signal occurred yesterday. TW will be issuing another poor trading update in just over a week.