Taylor Wimpey Share Discussion Threads

[gbh2] 15/5/2014 15:20

Strange just how excited some folk get when the share price drops ;))

[tara7] 15/5/2014 15:15

As I have said time and time again the headwinds are just to strong.

I see the directors told investors last week just how well they are doing, however investment is all about looking 18 months out.

The reason that this stock is fighting to stay up.

[shaws67] 15/5/2014 15:11

Well, that's closed the gap from 3 days ago.

Some drop.

[q2u] 15/5/2014 13:38

libertine

the recommendation update from Digital look has Jeffries upgrading to 173 plus UBS up slightly to 156

[gbh2] 15/5/2014 13:33

Markets toppy both sides of the Atlantic, my guess is there's fear of a significant pull back during the summer moths!

[knocknock] 15/5/2014 11:45

Perhaps they are all listening to your ramblings.........


Either that or two thirds of the market participants are having a four month siesta.

[taffee] 15/5/2014 10:22

The market isn't buying into it though..wonder why?

[knocknock] 15/5/2014 07:55

nice to see GS being a tad conservative.


KK reiterates £2.40 ::-)

[libertine] 15/5/2014 07:39

15 May 2014 Taylor Wimpey PLC TW. Jefferies International Buy 112.55 112.50 151.00 173.00 Retains
15 May 2014 Taylor Wimpey PLC TW. Goldman Sachs Conviction Buy 112.55 112.50 - 178.00 Reiterates
15 May 2014 Taylor Wimpey PLC TW. Deutsche Bank Buy 112.55 112.50 165.00 165.00 Reiterates

[shaws67] 14/5/2014 21:16

hxxp://www.ifamagazine.com/news/jefferies-says-taylor-wimpey-is-more-dolphin-than-goldfish-298759

[death by donut] 14/5/2014 15:34

50% of firms reported rises in labour costs, higher than the 34% of firms reporting labour cost rises in Q1 and 7% at the start of the 2013

True , prices I get offered are starting to rise per M² in my trade.

DbD ( Subby )

[priteshpatel9] 14/5/2014 15:20

Interesting this >> Construction Products Association: A simple but eye opening view of how much private housing is driving #UKconstruction:

[death by donut] 14/5/2014 13:57

House prices up 10% , wages up 1.3% , it's not rocket science.

Trouble is there isn't a politician in the country with enough balls to rubber stamp 300k houses a year as it would have a -ve impact on house prices and in turn on the number of votes they get.

DbD

[1gw] 14/5/2014 13:48

Carney explicitly acknowledged the inability of the FPC to build houses! The following is given as a quote in the Telegraph's blog of the press conference


"We do have a range of other tools. Some of which we have a very high confidence about their effectiveness. What we don't have at the FPC is an ability to control all aspects of the housing market, we can't perform miracles. The FPC cannot build a single house. The FPC will not be targeting house prices. What the FPC can do is reduce risks from the housing market. "

I have a feeling he mentioned as an aside the number of houses that needed building, although that isn't in the quote here. Note also the quote on not targeting house prices. The BoE has an interest in promoting financial stability (which might be threatened by a house price crash - hence the stress test asked of the banks), but no interest in the absolute level of house prices. There was also some discussion by one of the other BOE officials at the press conference about whether house prices affect economic activity - his conclusion seemed to be no, but that the number of transactions did (as people tend to upgrade kitchens etc when they move house). So the implication is that in order to see the economy continue to pick up strength (and therefore work off the excess capacity) the BoE would actually favour an increase in housing transactions, so long as this didn't come at the cost of increased risk of financial instability.

[essentialinvestor] 14/5/2014 13:28

The only solution to more reasonable long term UK housing prices
is a dramatic increase in the numbers of properties being built,
there is no other way.

[1gw] 14/5/2014 13:27

His agenda is trying to ensure steady lowish inflation rather than choke the recovery dead in its tracks. There is still plenty of slack in the wider economy. He made the point that the MMR(mortgage market review) reforms have only just kicked in - one of the tools that is being used...

[taffee] 14/5/2014 13:12

Just making everything worse....banks now pushed to lend in a bubble and builders
Buying land at inflated prices...how can this.not end in tears?

Interest rates are why prices are rising along with help to buy and other props
Quite how he can say they are not the right tool beggars belief

What is this guy's agenda..it's certainly not financial prudence

[1gw] 14/5/2014 13:06

Carney was very clear this morning that he does not see interest rate rises as an appropriate tool to calm the housing market - more of a last line of defence if other tools fail to do the job.

[el1te] 14/5/2014 10:51

To quote:

The UK is edging closer to a "GRADUAL and LIMITED rise in interest rates"

[taffee] 14/5/2014 10:43

It's difficult to know where it's all going they said all the same things
Before hong Kong crash in 1997 where property crashed 70%.strangely
There was plenty of supply after the crash

[gbh2] 14/5/2014 10:23

They are sitting on a acres of cheap land accumulated over the last 6 years the price of which is rising every day.

[essentialinvestor] 14/5/2014 10:17

taffee, the point on margins has some validity,
however it's more likely to come from rising labour costs imv.

Even allowing for some margin compression, volume will underpin
profitability.

It is interesting to have differing views, however i think
you may be hugely underestimating the supply of new property required
in the UK over the next decade and beyond, just imv.

[taffee] 14/5/2014 09:31

Try to argue the point not the person.....room for all views.....we know
Tw is doing well the question is

1/are they buying land at market peak
2/are we in a bubble which is about to burst
3/when will rates rise and by how much

If any of the above is true then builders margins would be under pressure

[proj] 13/5/2014 20:59

Knocknock, that was quality.