Taylor Wimpey Share Discussion Threads

[eastbourne1982] 09/1/2015 12:30

I'd rather see what the update says before buying, whilst the share price has come down today I wouldn't describe it as a bargain considering the sector it is in and how quickly the sector can turn, any hint of negativity in the update and the price could get hit.

For me the short term risk / reward isn't good enough, if the trading update is OK the price may move 2-5%.

[martyn9] 09/1/2015 12:26

Laughable,people panic selling on a brokers opinion!!!but does create an opportunity to buy more at this oversold share.

[mike456] 09/1/2015 12:23

I seem to remember the share price falling sharply just before the last trading update (which turned out to be a good one) and the share price more than recovered shortly afterwards.

Luckily I sold more than half my holding when the share price hit £1.35 with a view to buying back on any downward swings that seem to be overdone, so I've bought a few more back today at £1.26 ... here's hoping for another 5 to 10% :)

[homeboy35] 09/1/2015 12:11

if you can make 10% on that in a week or two, you have done bloody well!!

[joemillion] 09/1/2015 12:06

Just topped up with 78k at £1.2649. Drop today has been well over done and I expect these to be back in the £1.35 to £1.40 within the next week or two following the update on Monday. Good luck to all.

[pally1] 09/1/2015 11:34

Trading update due 12 jan

[n111ndy] 09/1/2015 11:31

Hope preliminary on Mon re-engerise upward track!

[optomistic] 09/1/2015 11:12

Almost as many shares traded in TW this morning as in Lloyds Bank!

[jugears] 09/1/2015 10:43

Why Does evereyone panick at the slightest thing,Why when a broker states the obvious do the shares fall so much, The housing market may well be in decline at the moment but it will recover, House prices will never continue in a straight upward line but every time they come down they come back hire than before. Taylor Wimpey are in a far better financial position than they were when the last housing bubble burst ( circa 1 billion in debt), Yet all through the housing decline they managed to reduce there debt & turn the company Round.
Does it really matter how many houses they sell? They own the land & Probably make a 100+K out of each house, Why is it so important that companies increase there profit year on year ( I have ran my own Joinery company for nearly 40 years & have never had two years the same & sadly it is impossible to predict what will happen in the future,The familly business is now nearly sixty years old & despite many difficult years we are still the same company & stonger now than ever) If prices & sales fall then they just build less houses,at a much cheaper cost as less demand mean trade person rates & material costs come down,They dont have to build 100 houses & wait for buyers in most cases a deal is done before building starts, They only need to build houses that they can sell at a reasonable price If they can't then they dont need to build any they are not going to loose out as Land prices will always continue upwards,Even sitting on the land has Long term financial benefits. As most of there labour is hired in there are no costs involved in getting rid of them if needs be.IMHO the House Builders Are Probably in the best position they have ever been in With Massive land banks behind them,I have no doubt that in 4-5 years when Tw. shares hit three pound most people will still be panicking about something. I have been investing for over thirty years & my Golden rule are never listen to broker(They only have there own interest at heart), Politicians & yanks.I was Advised many years ago to always do my own research & If i Am happy To invest & stick to them long term & that is the best advice I have ever received & why out of the hundreds of shares I have bought I have only lost money on 2 Shares (Roc Oil & Baldwins Cranes)

[eastbourne1982] 09/1/2015 10:12

Would you say there was a double top between mid October and November though ?? Following that the share surged 15 - 20%.

This one is a total lottery imho.

[supermarky] 09/1/2015 09:57

Double top

[taffee] 09/1/2015 09:44

Gbh2.....but the share price has been 135p plus...why didn't you sell?

[gbh2] 09/1/2015 09:44

Can't help but wonder who had advanced warning after yesterday's performance in what was an excellent market both sides of the Pond!

[eastbourne1982] 09/1/2015 09:16

This could be a decent trading share for the next few months, I wouldn't be short now at around the £1.25 mark however I wouldn't want to hold these long term either as if there is a sniff of a continued downtrend in the housing market these will suffer.

I reckon these will be stuck between £1.20 and £1.40 for the next few months.

I nearly went short last week at around £1.37 as the price appeared to have run out of steam, then the FTSE got battered however that has since recovered yet TW has tumbled today.

[gbh2] 09/1/2015 09:07

My 135p requirement is based upon the purchase price of my current holding as for my TW 104 holding that's standing at a 5.3% profit atm.

[lostuser] 09/1/2015 09:01

If you check the chart, I sudden drop is very often followed with a new high. I don't know why

[js_trader] 09/1/2015 08:51

Want to agree with you! ;)

[gbh2] 09/1/2015 08:47

I'll wait for 135p, no sense in selling at a loss :))

[js_trader] 09/1/2015 08:39

I am out !! Before this knife falls through my feet :-)

[bluerunner] 09/1/2015 08:37

A bit of blood shed and Taffee the Vampire is back. Says it all. Get back in your box, you ghoul, the sun is coming up ......

[js_trader] 09/1/2015 08:37

That could be the very well reason for it!!

[gbh2] 09/1/2015 08:34

Jefferies appear to have marked down most of the companies in this sector, certainly all that I've just checked, can't help but wonder if they're on a shopping trip for cheap house builder shares?

[homeboy35] 09/1/2015 08:31

Oh Gawd, the welsh windbag is back!

You were shorting this at under a pound!

[taffee] 09/1/2015 08:29

Any sign of builders noting house price falls affecting the business and
All builders are toast