Taylor Wimpey Share Discussion Threads

[scrabble1975] 02/7/2013 10:35

Hahaha! Just sensed a bit of jackspeak there me old starboard flip flop!

[hillbrown] 02/7/2013 09:47

Scrabble

I was not planning to go to the sh!tter. Just planning for possible release of part of my shareholding!

Agood share now with a good man in charge.

[pyglet] 02/7/2013 09:31

Hillbron concur with you. I will ease to 10!

[scrabble1975] 02/7/2013 08:58

Aye hillbrown, in the heads no doubt!

[hillbrown] 02/7/2013 08:51

The PSN announcement is steady as she goes. They continue to buy land and are a buy for anyone who doesn't have them.

Something of the same ilk on Thursday will confirm that TW.is a very solid hold for a longer term 100% price hike. TW. is my largest single holding of anything. I don't plan to add any more but if they are slowing down the buying of plots for the future, (which is the key element for a medium/long term share rise,I will ease springs.

[gbh2] 02/7/2013 07:43

Looking like another good day :

[lance corporal winstanley ash] 02/7/2013 07:34

Very positive update from Persimmon today. Exceeding expectations.

[mr_bluesky] 01/7/2013 21:47

I reckon we have had the pull back already and its time to get back in if not already.

[b1llyboy] 01/7/2013 21:36

Anyone here think these will have a summer pull back 20-30%,as per previous spring highs,are the forthcoming results priced in,what about a sell off on the results.
Just a thought.

[scrabble1975] 01/7/2013 17:48

Yes, seems like he's got the genuine well being of the company and longevity in mind...A good long term hold for me!

[gbh2] 01/7/2013 17:37

Another good day for all genuine holders :))

[lance corporal winstanley ash] 01/7/2013 15:42

nice article. very positive !!

[pyglet] 01/7/2013 15:32

got 110p written all over it!

[lance corporal winstanley ash] 01/7/2013 15:31

Update from Persimmon tomorrow.

[lance corporal winstanley ash] 01/7/2013 15:16

£1 coming

[chinese investor] 01/7/2013 14:40

Upward Trend IMO !

[lance corporal winstanley ash] 01/7/2013 14:39

this is under valued compared to its peers. Only trading at 14 x earnings. Take a look at Persimmon and Barratt at 30 x and 40 x earnings.

[red army] 01/7/2013 13:59

JUGEARS
£2 by next March IMHO

[jugears] 01/7/2013 11:49

£1.40+ by March next year IMHO

[scrabble1975] 01/7/2013 11:06

@IC, lmfao!

[scottishfield] 01/7/2013 10:46

Trading Update on Thursday, looking fwd to that.

[gbh2] 01/7/2013 08:58

ICs idea of bringing research to the thread is to Whine, Whinge & Whine, my bet is he/she missed the bus for buying TW and is stupid enough to think that whining on here will bring the share price back down...........Some Hope !


ItchyCrack 1 Jul'13 - 08:54 - 12150 of 12151 0 0 (Filtered)

[itchycrack] 01/7/2013 08:54

Help to Buy 'could be hazard to economy', says Taylor Wimpey chief
The boss of Taylor Wimpey, one of Britain's biggest housebuilders, has warned that the Government's Help to Buy scheme could be a "genuine hazard" to the economy unless a time limit is imposed on the scheme immediately.

Pete Redfern said experts were "quite right to worry" about the distorting impact the Chancellor's flagship policy could have on the housing market, and has called for tighter management of the scheme.

In an interview with The Daily Telegraph, Mr Redfern argues that Help to Buy has assisted the housing market "over a bump" but that it should not be left in place indefinitely.

He said fears of a fresh housing bubble were overblown, but he said: "Where I would agree with the concerns is if successive governments find it too difficult politically to exit [Help to Buy] – that's where there is a genuine hazard."

He added: "I think there needs to be thought given now to a sensibly managed withdrawal – even if the timing isn't firm, at least what the methodology is, because as we get closer to that date, it will start to figure more highly in the minds of banks and individual home-buyers. Everybody needs a sense of confidence about what the plan is."

George Osborne announced Help to Buy, through which the Government provides lenders with a guarantee of up to 20pc of the price of property, in the Budget in April.

The £130bn scheme has given a boost to housebuilders, buyers and prices. Last month, house prices rose across more than a third of Britain, the biggest upswing in six years, according to a survey published today by Hometrack.

In June, house prices rose 0.4pc, matching the May rise, which was the biggest since June 2007, the survey found.

This week, Taylor Wimpey is forecast to show bumper results in its first-half trading update.

In May, Sir Mervyn King, then Governor of the Bank of England, warned that Help to Buy could make the house market dependent on the state. "We do not want what the United States have, which is a government-guaranteed mortgage market (which) they are desperately trying to find a way out of," he said.

The International Monetary Fund (IMF) said there was "a risk" that the scheme could boost house prices and not supply.

Albert Edwards, an analyst at Societe Generale, last month said the policy was "an unusually misguided piece of government interference in the housing market".

Mr Redfern agreed. "We should not get ourselves where the US has got itself with Fannie Mae and Freddie Mac where government support is built in. The point of principle is that there has to be an exit route," he said.

Mr Redfern said ministers should set a time limit for the scheme and not allow it to drift on for 20 years.

"I think [Sir Mervyn and the IMF] are right to be nervous about dependence but I think that can be managed if you project a four-year profile where you gradually reduce that support. You get over a bump and back to normality."