Taylor Wimpey Share Discussion Threads

[cockneyrebel] 12/2/2015 19:06

PS - I wouldn't be surprised to see these 10-20% higher come the results on March 3rd. Between now and then you have GFRD, BVS, PSN, BDEV and GLE all reporting or posting trading updates - after RDW's cracker yesterday. The punters are bound to be buying after that and with the FTSE250 making a new all time high today imo.

CR

[cockneyrebel] 12/2/2015 19:02

Eastbourne - you're in denial imo - like so many shorters that try to convince themselves or others that they are making money fighting a trend imo.


free stock charts from uk.advfn.com


The whole sector breaking out and TW. breaking through a range that it has failed on several times recently - that's a powerful bull signal imo.

I'm far more comfortable long than short in a market that is generally rising - the overall sentiment is with the trade. Sadly I think many bulls are optimists and good bears pessimists in general and they can't change that psychological trait. I'm an optimist - I do far better in a bull market and tend to sit out of bear markets a lot. If you can't be bullish on a bullish chart I'd leave it alone imo.

Even the AIM All Share Index is bottoming out after falling for a year - surely that tells you the bulls are well and truly in charge?

All imo

CR

[aspers] 12/2/2015 18:39

Eastbourne......in the past year you could have got away with playing short on this. I think you will find now sentiment is changing now, with TW reporting on the 3rd March most folk realise at this price we are still well under priced. I expect to see 200p by mid summers day, I hope your fingers don't get too burnt but I reckon they will!

[gcom2] 12/2/2015 13:32

I'm 21% up on my barc long from 205p, maybe it's you who shouldn't be trading.

[gerdmuller] 12/2/2015 13:21

Everyone has their own way of doing things and I’ve made money out of these in the past few years by doing nothing.
When all is said and done none of us on here will make any difference to the price and most are probably making money in one way or another if they survived the dotcom and credit crunch fallout.
It’s been so easy just to buy and hold in the past few years with central banks giving away free money and cash accounts yielding nothing then it’s been practically the only show in town.
Until things change of course and the boy racers and Daily Mail financial pages readers arrive on the scene.

[gcom2] 12/2/2015 13:15

Eastbourne gonna burn just like the Pier.
Great short on Barclays- not.

[eastbourne1982] 12/2/2015 13:07

I find this is often the best way, the rewards tend to be bigger, I shorted United Utilities a couple of weeks ago when the trend was extremely positive, I made 7% in just over a week.

I'm happy to be short here, the sentiment in this sector is very very up and down, this won't go up in a straight line, I reckon we will see £1.32 - £1.33 before we see £1.60.

I've just added to my short at £1.42, average now £1.4025 and I am happy to add again if I see fit.

[supermarky] 12/2/2015 13:04

Swimming against the tide

[eastbourne1982] 12/2/2015 12:38

CR,

Regarding break outs, it depends how you look at the charts, there have been various breakouts this year which have been followed by a retrace below the breakout level, the trend is obviously up however that doesn't mean you can't make money shorting it, I'm short with an average around £1.39 and I may look to add to it today, I'm not looking to run it down to £1 or anything ridiculous however I do think there is money to be made shorting at these levels.

[cockneyrebel] 12/2/2015 12:28

taffee - how long have you been short the builders? How many break outs have you stayed short on?

Any trader with any talent would be closing a short and going long on a breakout but like Kink Canute you spend all your time trying to fight the trend. You'll be right one day but how much money will you have lost between now and then?

BDEV, TW., CRST, PSN all making new highs - you're fighting the whole sector - learn to go with the flow imo.

Cheers homeboy35 :-)

CR

[eastbourne1982] 12/2/2015 12:26

Will it be a fake out though ??

I remain short.

[optomistic] 12/2/2015 11:43

The buyers will all be alright as long a they take out some insurance to protect themselves if they get into repayment difficulties...what a great idea, I'm surprised no one has thought of that before ;-)

[doyden] 12/2/2015 11:40

Taylor Wimpey stock rating reaffirmed by Deutsche Bank. They have a target price of 165. HSBC have a target of 180. Four investment analysts have rated as hold, nine have issued a buy rating and two have issued a strong buy. The consensus price target is 155.Lovely.

[taffee] 12/2/2015 11:37

Still lending up to 4.5x income and giving out a 20% deposit is not prudence

[henryatkin] 12/2/2015 11:32

taffee...buyers are far more rigorously checked for credit worthiness than in 2007. Interest rate increases are built into buyers "ability to pay".

[aspers] 12/2/2015 11:27

The market is finally waking up to the true value of TW. I expect to see this pass 200p well before the year end. Great profits and no let up on the build programme for another two years at the very least.

[taffee] 12/2/2015 11:13

What happened after the boom of 2007?

[homeboy35] 12/2/2015 10:57

Well, this country needs it!

[henryatkin] 12/2/2015 10:51

Huge amount of house building going on here in Kent. Its like boom of 2007 again. 1000 homes in Maidstone by TW., BWY & RDW, 15000 at Ebbsfleet [950 contracted to RDW by Land Securities] and a 3000 site at Ashford. CRST also just completing a large site near Maidstone. There is also a new village planning application in for 1500 homes between Ashford & Maidstone. There seems no end to it. This is The sector for 2015 in my opinion.

[homeboy35] 12/2/2015 10:50

Up, up & away!

[gbh2] 12/2/2015 10:40

Just watch the hidden costs that the Government add on !