Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 09/5/2013 16:19

Erm, they were £5 and it was a two for one issue, so the corresponding price is one third of the £5, or £1.67.

And that was before they sold the US operations.

And the £5 at the peak of a 15 year housing bubble before anyone had heard of sub-prime and 125% mortgages were all the rage.

And the public sector spending cuts were a twinkle in Osbourne's eye.

Apart from that, yeah £3 easily...


I'm wondering when the last time anyone did any sort of quantitative analysis on this share - earnings, price multiples, dividend yields - you know vaguely relevant things like that. But on balance I prefer the blind optimism...

[gbh2] 09/5/2013 16:04

That would be very welcome, but my target is 130p :))

[npp62] 09/5/2013 16:03

gbh2 thats very true....... i'll settle for £3 then :-)

[homeboy35] 09/5/2013 16:02

could 3 quid be a target then?

[gbh2] 09/5/2013 15:57

THey may have been £6 but then there were only half as many shares on the market!

[npp62] 09/5/2013 15:51

Itchy has a point. The FTSE is at an irrational high given the financial position of the UK and the wider European community. However, i'm here for the long term. Short term price fluctuations of TW are of no interest to me whatsoever. As long as the company remains well managed, and the government help with schemes like the new 20% interest free on new build homes then the future may be brighter. As long as the fundamentals are in place, any correction in the share price will be seen as an opportunity to top up if funds permit. If youre a day trader then i can understand the nervousness. Otherwise just chill and buy the dips. Just a few years ago these were near £6 per share if my memory serves me right (i may be wrong of course) Yes i've also seen them at 6 pence too!! Those days are long gone and far behind the company. I'm holding and adding for a MUCH healthier price in the long term.

[amelio] 09/5/2013 15:51

Come on, Itchy...you have to let us laugh now.

[homeboy35] 09/5/2013 12:06

tell us when, then, there's a good chap

[itchycrack] 09/5/2013 12:01

Nope, not just yet :-) :-)

[amelio] 09/5/2013 12:00

Can we start laughing at you yet, Itchy?

;-)

[gbh2] 09/5/2013 10:24

Anyone with an once of knowledge re the financial state of this country must realise that any recovery is going to be house building related so its just a matter of time before this share price tops out at around 130p imo.

Remembering that time is on our side because the Tories will need to find a success story before the next election :))

[ontheropes] 09/5/2013 10:21

Well each to their own, personally I see some short term upside to the top and the chart would indicate as at this moment that that may happen, if it does not then I am out, but then I only ever intended a short term hold anyway

[itchycrack] 09/5/2013 10:12

I'm retired. My own companies run themselves now, I take a back seat, have plenty of free time on my hands now. I sold out not that long also, because as I said, the risk/reward ratio is no longer favorable (IMHO). I may look to return at a more favorable entry level.

[ontheropes] 09/5/2013 10:08

Yes, but the point being, in a week or so I may be in or I may be out, I take it a day at a time. Currently I am in but that could change.
However one wonders how a seasoned pro like yourself finds the time to come and warn us all for our own benefit on a stock that you are not apparently a holder of or short on?

[libertine] 09/5/2013 10:00

No, he just walks with a stoop due to his predicament

[ontheropes] 09/5/2013 10:00

Itchy is a seasoned professional, he says so himself!

[amelio] 09/5/2013 09:58

Long? Of course not. Just offering your wisdom for free I guess.

Thanks, I'll definitely take heed.

[dhthe2nd] 09/5/2013 09:52

You wouldn't happen to be short would you Itchy?

[itchycrack] 09/5/2013 08:37

You really shouldn't be buying in at these levels. A bigger correction is inevitable at these levels. The risk/reward is deteriorating fast, the professionals are exiting. All IMHO of course, but you all seem to know best, so good luck, but, learn from what is about to happen next.

[downsize] 09/5/2013 08:34

See Barratts IMS today, this is where the big boys pile out of BDEV & TW on "good news" leaving anyone a bit green high and dry puzzling over why the drop. And for that reason, I'm out.

[homeboy35] 09/5/2013 08:12

Not so sure; tough nut to crack. Running out of steam, and FTSE due for a correction back down.

[aspers] 09/5/2013 07:46

Will soon see the back of the nineties as its onwards and upwards we go.