Taylor Wimpey Share Discussion Threads

[gbh2] 05/5/2016 10:44

You could say safe as houses, though I probably should have put "Relatively" in my original comment :))

[cwa1] 05/5/2016 10:02

Interesting to see your definition of a "safe place" is Taylor Wimpey shares :-)

[gbh2] 05/5/2016 09:22

Picked up a few more this morning, interesting times until after the Referendum and I need a safe place to put my cash..

[jugears] 04/5/2016 21:56

No need for a contingency budget if it is contractor error, Which from experience I would expect, Sadly houses are fast built these days I have even seen joinery put in before they are water tight, Personally I think TW have a long way to go upside yet & still see these as a good long term hold & still see plenty of good dividends for the forseable future.

[gbh2] 04/5/2016 18:16

TW will have a contingency set aside for remedial work, the country is well down on number houses that should have been built 2015/16 so I'll ride the ups & downs until the dividends dry up.

[jugears] 04/5/2016 17:30

Spuddy,These works will have been carried out by subcontractor who have retention deducted from there bill Usually for 12 months which is only paid back should no issues arise, As Tw do not employ any direct labour It will be the contractor who will pick up the bill for not following precedure & therefore will have little impact on TW other than reputation.

[spudders] 04/5/2016 17:10

Jug, it's not old news it's very current. I'm not in a position to disclose my source but I'm stating a fact regarding lack of insulation in cavities & boxings discovered within the guarantee period, specifically one large development. Like I said I'm bullish on housebuilders and I have been in the trade for 30 years. Anyhow we will see if anything happens in due course. I hold and for balance I post what is negative/ positive. I have learnt my lesson about wearing rose tinted glasses!

[jugears] 04/5/2016 13:44

SPuddy I think you will find this is old news I have been supplying to this companies sites for 20 years & get to here what is going on, From my experience Share holders do not post bad news, Or read something in Construction news/enquirer about the housing industry & assume that it applies to all house builders (TaffY).

[spudders] 03/5/2016 19:34

Jug, I'm just posting what I hear, last year there were some claims as reported on the Television.This could be a lot bigger and financial hurt TW. and us shareholders. My contact may have if all wrong but I'm inclined to believe them as they have no financial position. These issues have a tendency of taken a while before they raise their ugly head. I hold a few of these and don't want to see the share price decline, I still remain bullish on house builders. Good Luck

[jugears] 02/5/2016 22:40

Spudders, Why have you reposted the same post again????? Didn't you post this last year

[spudders] 01/5/2016 15:58

There could be some large claims on the way regarding poor build quality from home owners, TW are addressing the matter but full extent of defects still unknown. I'm happy holding at the moment until I hear more substantial news regarding this issue.

[uknighted] 30/4/2016 17:46

Unless you have a large LTV mortgage.

[gbh2] 30/4/2016 16:52

There's always going to be a profit on private rented property.

[uknighted] 30/4/2016 16:13

The Governments plans to allow occupiers of Housing Association homes to buy them at a discount will put further pressure on the housing stocks. Conversely the changes in what expenses can be offset against rents will deter a lot of new or want to be landlords.

[jugears] 30/4/2016 14:19

Taffee, Demand for property is still high & still less houses on the market where I live than 5/6 years ago, Prices always edge down this time of year particularly if the weather is bad, Also brexit is bound to put some people of buying. I really don't see houses suddenly stop selling, there will always be demand so long as Tw cover there cost I am really not bothered short term how many houses they sell, When house prices & demand fell last time So did material costs & labour rates fell from £200 a day To less than £100 a day for brickies & other trades plus take out any other freelance staff cost & you have alreay covered a substanial part of house price reductions, IMHO there would have to be something really catastrophic for the housing market to grind to a halt, there will always be demand, They have a good land bank which I doubt will ever decrease in value due to the huge shortage of land availiable. If they own it it costs nothing to sit on it for a few years,As everyone know house price always reach a peak at some point then fall(this only usually lasts a couple of years & then demand goes back up( & if you look back in history they always go hire I doubt in ten years you will get a 2 bed house for less than £200,000 unless there is a massive increase in new builds, Sadly today evereyone seems to look at the situation now,Know one seems to take a long term view.Look at oil & bank share they have all been battered & all will be very good long term shares anyone buying today will see a substatial return in a few years, IMHO diesel & petrol will be back to near £1.40 a litre in less than 2 years, there may be over supply now but the world is running out of oil fast & it won't last forever. I also think that most houses will be buy to let in a few years as there is know where near enough affordable first time buyer houses being built.

[taffee] 30/4/2016 12:14

Anna White, head of property
28 APRIL 2016 • 12:09PM
House prices in all the regions in England and Wales apart from London and the East fell in March, according to new data from the Land Registry.

Considered by industry experts to be the most accurate of all the house price indices, fresh figures showed that property values edged down across the country, even in the high-demand South East.

[jugears] 29/4/2016 18:25

Having read the report 5 times I see no mention of orders falling flat?????, Also I am in the building trade & have seen material prices fall in the last 18 months by as much as 10% on some products, so not sure Mr Campbell is really doing his homework, With brexit looming of course sales will decrease at the moment, but will be back on track after the vote, I know many of my customers are holding back on placing orders till after the vote. What are the better value growers in the sector & how long is the near term when returns peak? That could be another 10 years. Personally I think Mr Campbell has a downer on TW. Perhaps he missed the boat when the shares fell to 4.5p. IMHO this is a well ran, organised,steady company, & certainly one of the best house builders I have supplied to(if not the best)It would not be the first time for a big name to try & manipulate a Share price.

[speedsgh] 29/4/2016 14:25

beercapafn - The purpose of my post was purely to share information with anyone who may not have seen it. Sharing is one of the benefits of these bulletin boards. Everyone is of course free to ignore it if they so wish. I made no comment on my own views which I tend to keep to myself. It is up to each individual to form their own views on the comment provided by the broker + the current investment case for TW. or any other company. Have a nice weekend.

[gbh2] 29/4/2016 14:10

Looks like he/she intends posting the same "news" every two days atm ;)

[beercapafn] 29/4/2016 13:52

Speedsgh.. And perpose of your post was what.. !!

[gbh2] 29/4/2016 13:41

imo TW wouldn't be paying a 9p+ special dividend if things were not improving !

[speedsgh] 29/4/2016 13:35

Taylor Wimpey returns near peak -

Housebuilder Taylor Wimpey (TW) has seen the pace of orders fall flat and share returns are near peak.

Liberum analyst Charlie Campbell retained his ‘sell’ recommendation and target price of 161p on the shares, which were flat at 187p yesterday.

‘Taylor Wimpey’s interim management statement shows that this year is building up in line with its expectations, but we note that the pace of order intake is now flat on last year, having been well up at the start of the year,’ he said.

‘Margin progress will continue in 2016 but we continue to expect house price inflation to moderate as affordability bites and build cost inflation persists. Taylor Wimpey’s shares look expensive on 2.1x book compared to the sector on 1.9x, too stretched given that returns are likely to peak in the near term.

‘There are better value growers in the sector.’

[billy5] 28/4/2016 10:51

CWA1

Many thanks for the info.

[cwa1] 28/4/2016 10:46

Special XD 2/6