Taylor Wimpey Share Discussion Threads

[jugears] 08/11/2024 14:30

sikh I have not bought any shares above 1.50 in the last 3 years & none £1.65 either
what is hindsight, shares are 1.37 what idiot would not buy at that price,
Icarus, Tw will not go broke not with cash & land bank,add to that profit from sales which will increase as they start increasing production, don't forget that 60% of my shares were bought at 30-37p plus £1.20 dividends the add the shares I bought at 1.98 & sold half at 1.80, my entire holding including dividends, irrespective of when I purchased them are worth 4 times my initial investments (slightly more) so say a 300% gain, divided by 15 years (my initial purchase) that's an increase of 20% a years & yes i'm very happy with that, I'm not greedy!

[1carus] 08/11/2024 14:01

TW will try and support its investors with a good return over the industry cycle. Choice is, do you believe they can do it. TBF another flat or declining year will make the current 9.6p difficult, but I don't think they will completely cut it. So is 3 years in the doldrums at all bad for someone like Jugs who has probably averaged 7% without compounding over the years with an average buy below £1... where they have still paid a divi. The only question for him is, are tw likely to go broke... if not he is still making 9.6% against his average buy at least.

[sunshine today] 08/11/2024 13:37

JUGEARS

You’re forgetting TW have ground down sub contractor pay and dumped 30% altogether over the last four years.

Housebuilding will continue at contractors margins, of around 3% .

20% margins are over.

[sikhthetech] 08/11/2024 13:30

Jugears

"I bought some more shares earlier"

Yet again, hindsight trading/posting.

It helps bring down the average, given you were loading up 450k at 165p.
lol

[jugears] 08/11/2024 13:27

NI doesn't add that much to labour costs & most people are subcontractors anyway mainly self employed & we pay national insurance contribution on turnover which has decreased this year to 8% from 9% from April this year, even someone directly employed at £40k per year would only cost an additional £540 per employer so the cost to TW would be circa £1 million or in real terms £100 a year per house whoopie do! less than a quarter pack of bricks! oh and minimum wage increase don't really apply even labourers are on 40k plus a year these days, I'm not sure where you imaginary MASSIVE increase comes from, are you like TLY management very poor at mathematics?
hope you don't mind but I bought some more shares earlier an absolute snip as far as I'm concerned
Now what will you be spending that lovely juicy dividend on next week, buying a calculator perhaps?

[sikhthetech] 08/11/2024 13:07

ST,

Absolutely. It would be impossible to increase production with massive increase in labour costs. With NI going up, it'll reduce margins.

[sunshine today] 08/11/2024 12:08

Absolutely impossible to expand production across the sector without adding 40% to the build cost.

[kreature] 08/11/2024 11:47

Like Tw don’t have JVs

[jugears] 08/11/2024 09:51

As far as Vistry is concerned they partner with third parties & are on a fixed price contract, a low one at that!, on the other hand TW build their own houses & keep all the profit!!!! to very different companies with completely different working practices, I am expecting more bad news to from Vistry as I know several housing associations that have said they will be cutting further the number of houses they will purchase next year & one that has decided not to take any for the foreseeable future as current returns don't warrant the build costs.

[jugears] 08/11/2024 09:45

I did warn on vistry 6-12 months ago so no surprise, maybe I'm biased but I worked for Tw starting with George Wimpey 40 years ago & continued until I sold out,I have always rated them as one of my best customers & with out them I would probably still be working with a handful of staff as they really did help my company to grow, I never had to chase payments in forty years, exceptionally well ran & a very friendly company to work for, but the one thing I like is that this company really do know what there costs are, any company that can come back from the brink with over a billion pounds debt deserves to be invested in ( 99.9% of companies would have gone bust), if in the unlikely event I had to sell my entire portfolio Tw would be the one I would regret selling the most, one cycle has ended & irrespective of policies & who is in power the next one is about to begin. No who is going to reinvest their dividend next week & who will be spending it, Sick????

[beckers2008] 08/11/2024 09:27

K,

Vistry? Lol, just lol!

Are you becoming a bull here at TW.!
Vistry have a controversial business model which seems to be unraveling.

Taylor Wimpey is one the best companies in the house builder space.

Expect growth in earnings from 2025 and thereafter in 2026.

Can anyone tell me if the UK has had a house price crash since October 2018, when the village idiot Sikhthetech called it, lol, just lol!

[kreature] 08/11/2024 09:16

Today:

‘Vistry shares plunge’


I think they use the word ‘plunge’ there. As I’ve always said, “shares can fall as well as plummet”

[kreature] 08/11/2024 09:04

uh oh…..VTY down over 15% today on update

Extra costs and supply chain hit following budget
Forecast lowered by 50m due to additional blunders

Someone better clear the sand away and let jugs know

[jugears] 08/11/2024 08:57

Becks Tw are the most undervalued valued stock in the sector, whilst the so called experts & markets get on with number crunching & lacking any form of logical direction, British businesses get on with business as usual, in Tw's case building houses & selling them yes the budget was a pain but it is what it is, inflation will now rise, Imo to 7.5% as all these extra costs will go straight back to the customer.

[kreature] 08/11/2024 08:23

138.3 now, to save you looking.

‘ I presume you were CEO of your own garden shed.’

Well it’s an important job, and you’ve got to get the dimensions and position and materials right, plus it has to have a very good level base to sit on to begin with

[beckers2008] 08/11/2024 08:15

Extract from HL...

"Taylor Wimpey is one of our preferred names in the sector"
I have been stating this for years.

Expect growth in earnings from 2025 and thereafter in 2026.

[kreature] 08/11/2024 00:35

Jugs ‘ profits to be bang on as expected so what is the problem? ’

Perhaps the issue is that PSN were honest enough to express concern about 2025 ‘build cost inflation’ , and the cost of ‘new building regulations’ , and national insurance increases, all missing from the tw update ?

[danvandan] 07/11/2024 23:55

jugs, regarding your comment in post 19511, '...this might mean nothing...' - you are correct. It doesn't mean anything.

Regarding your comment in your next post (19512) 'as a ceo of nearly 50 years...' oh my! I've known a few CEOs and they can all read and write properly. Also, I don't think any of them, even in retirement, would ever sink so low that they'd spend all day typing 20 barely-literate posts on advfn calling other people cvnts. I presume you were CEO of your own garden shed. Until a strong wind blew it over. Sleep well. I think you need it.

[jugears] 07/11/2024 22:41

I think it fails to see that nearly every stock has fallen in recent weeks due to us Elections & budget & will take time to settle back down, markets hate uncertainty but here is some food for thought in the last week my friend has seen a steady increase in footfall to his shops & website, this escalated after 12 o'clock today, now this might mean nothing but I have said before that it doesn't take much to stimulate the market, as one of the biggest expenses in any household interest rate cuts will negate any tax rises,time will tell its all just a waiting game now.

[beckers2008] 07/11/2024 22:33

B2,

It's so obvious that DvD, Kreature and Sikhthetech are not investors.

It is also obvious to any investor that...
'Our view' is the view of HL.

DvD, Kreature, Sikhthetech and the other trolls on this BB are not credible.

Now, when is the house price going to happen, lol!
Come on 'Sikhthetech' tell us, you have been wrong for only 6 years, lol, just lol!

[baracuda2] 07/11/2024 22:14

Totally agree with everything you say Jugs, my post is not what I say, it's what Hargreaves Lansdown say, I'm sure they know a bit more than the troll dipsticks that have contaminated this bb

[sikhthetech] 07/11/2024 20:44

Baracuda

"This is what the experts say"

Really??? Who are these experts? Brokers?

Jugears claims to be an expert with inside knowledge, yet he gets virtually everything wrong. In fact, he's an expert in hindsight views and trading.... lol

The realistic posters on here have been proven right.

The evidence is in the company/sector newsflow

[jugears] 07/11/2024 19:59

Barra, absolutely spot on! it doesn't take much for buyers confidence to return, it probably wont be a quick recovery but there will be a prolonged recovery, unfortunately some people do get scared into believing house price will crash, interest rates will go to 6%, then there are two elections & the budget which also worries people, now they are out the way I expect to see moment increasing, yes we may have inherited a bit of hard ship but high rates don't seem to have deterred that many buyers & h2b clearly wasn't as important to sales as some would like you to think., people on here harp on about affordability but that is because we are so short houses but I really don't think some posters can grasp the enormity of the problem, what I like about TW tu is that they said they would build & sell xxx amount of houses & that is exactly what they have done, so where is the affordability issue, profits to be bang on as expected so what is the problem? of course profits will be down if you build 30% less houses, of course cash reserves will fall if your buying land. even finishing sites off(about 20 this year?) can cost several million pounds to multipull million pounds with roads sewers & landscaping what Sicklywittlerdodiedoom doesn't mention is that his beloved TLY has used considerable cash reserves but whitewashes this with a minuscule return to profit!

[kreature] 07/11/2024 19:57

‘The highest ever recorded, how so?’

Cos they mortgaged a few multi million pound houses, lifting the average of the 20 others sold ?