Taylor Wimpey Share Discussion Threads

[homeboy35] 30/4/2015 13:07

Nice woosh from 162p to 166p.

Were you trading it?

[speedsgh] 28/4/2015 09:29

I think the following is worth reiterating from the above comment:

"accelerated cash generation which we expect to result in dividends growing to above 14p by 2017..."

Assuming they meet the above UBS forecast, that's a yield of at least 8.3% by 2017 if you were to buy today. In the current low interest/savings rate environment, TW. is looking like a very attractive prospect for income seekers imo.

[speedsgh] 28/4/2015 09:25

Strong property market and more cash keeps UBS positive on Taylor Wimpey -

House builder Taylor Wimpey (TW) is benefiting from a number of factors, including a strong housing market and cheap mortgage rates.

UBS analyst Gregor Kuglitsch reiterated his ‘buy’ recommendation and increased the target price from 155p to 185p. The shares fell a penny to 168.3p yesterday.

‘We continue to be positive on Taylor Wimpey’s prospects and reiterate our “buy” rating,’ he said.

‘Our positive stance is based on… favourable market dynamics for the wider UK housing market, including attractive mortgage rates and limited competition for land… accelerated cash generation which we expect to result in dividends growing to above 14p by 2017… earnings upside as the market underestimates the average selling price uplift ahead,’ he said.

[aspers] 24/4/2015 17:35

Every time I try to trade this I lose out by about 3p. Every time I choose not to trade and just hold I also miss out by about 3p. Its a great trading share with jumps of 3p either way on nearly every day and being rock solid too with an easily achievable 200p sooner rather than later.

[hillbrown] 24/4/2015 16:48

32m traded, up over 3p, how bad is that?

Steady it goes.

[hillbrown] 24/4/2015 10:37

Good, more money for higher divis.

[speedsgh] 24/4/2015 10:20

Taylor Wimpey Q1 numbers ahead of consensus

House builder Taylor Wimpey (TW) has provided little detail in its Q1 trading update but the numbers that are given show it is trading above consensus.

Shore Capital analyst Robin Hardy retained his ‘buy at 164p’ recommendation on the stock after a ‘fairly typical’ update which was more a broad market commentary. The shares rose 0.9% to 165.7p yesterday.

‘The numbers that are given point to trading being in line with our slightly above consensus estimates for 2015,’ he said. ‘Sales rates are slightly up but active site numbers are flat at 302. The order book at £1.9 billion is ahead 12% on last year, which broadly tracks our expected revenue rise for the year of 15%: order books in Q1 are not a reliable guide as they are heavily skewed by social housing contracts.’

He said comments in the update show the climate is still favourable but ‘Taylor Wimpey has already reached its optimum land holding position and is now only replacing land consumed rather than expanding’.

[gbh2] 24/4/2015 09:49

G'morning HB, I've just this year moved my cash into ftse 100 companies because of poor returns whilst trying to catch a minnow with the potential of becoming a whale.

I will however look at the two you suggest thank you :))

[gp1948] 24/4/2015 09:48

NPP62
24 Apr'15 - 08:59 - 15418 of 15432
"The share price was just about £1 twelve months ago. Now over 160p. I just get the feeling that this could stall anytime. Any thoughts?"

I've been thinking the same thing. I think TW. is approaching a full valuation now - on a P/E of 11.6 for the current year - higher than some in the sector. I also think that people are holding for the special dividend (xd on 21st May) - after that it's anyone's guess.

[hillbrown] 24/4/2015 09:41

for what its worth gbh I have two shares which pay handsome total returns. Redd and gvc. In fact I have just realised that both have returned more for me than TW. however they are not footsie shares.

[joemillion] 24/4/2015 09:36

There would have to be a major change in market conditions before we see any significant "stalling". I see no icebergs ahead and with a fat div just around the corner and a share price likely to be heading for £2.50 by the year end what's not to like?

[hillbrown] 24/4/2015 09:35

I agree, forget the £5 figure, its irrelevant now.

Unless a labour government got in and went blood red and imposed a swingeing tax on building activities housebuilders are as safe as houses! Even labour would not be so daft as to do that. The company in addition to capital growth is paying out over 5% in divis and this likely to continue upwards for the foreseeable future. If dividends of say 12p are paid next year then 240p share price is indicated. I will be more than happy to reach £2 over the next eight months.

shares don't go up in straight lines but the trend is one way and that's up.

[gbh2] 24/4/2015 09:32

On a simplistic value comparison there's about twice as many shares in circulation so I'm expecting the share price to be 190 to 200p at sometime in the next 12 months......At that point I would hope to have an alternative product in which to sink my profits because atm I cannot find anything with TW's potential.

[martyn9] 24/4/2015 09:29

gbh2,apologies i stand corrected.

[npp62] 24/4/2015 09:26

Well aware there are far more shares floating around now, but what does today's share price make that in old money? I have no plans to short this. I'm just wondering how far it can go before stalling. However I agree the divi may well be worth hanging around for.

[gbh2] 24/4/2015 09:24

Martyn, July is the payment date!

[tipjunkie] 24/4/2015 09:16

let the trend be your friend

[gbh2] 24/4/2015 09:15

In 2007 there were significantly less shares on the market!

[martyn9] 24/4/2015 09:14

Gbh2 big dividend i believe is july? don't wish to be picky.viislr, £5 yes but can never see this attaining that price again due to a massive rights issue some years ago and i can't remember specific year it happened.So huge dilution and approx 1billion extra shares floatig around.IMHO.

[v11slr] 24/4/2015 09:07

...and in 2007 it was over £5.

[gbh2] 24/4/2015 09:05

imo the share price will fluctuate with the market but basically hold or increase until the big dividend date in May, jury's out on where it will go after that date !

[homeboy35] 24/4/2015 09:02

well, it can't go up and up forever, but short this at your peril!

[npp62] 24/4/2015 08:59

The share price was just about £1 twelve months ago. Now over 160p. I just get the feeling that this could stall anytime. Any thoughts?