Taylor Wimpey Share Discussion Threads

[dlku] 28/6/2016 21:23

wall street tearing away upwards

[steeplejack] 28/6/2016 20:16

I don't think we have the politicians of old that really felt a calling to politics ie people like Bevan,Churchill,Wilson,Thatcher and people like Barbara Castle,Shirley Williams and Tony Benn.Whether I agreed with what they were saying,I never doubted their sincerity and commitment to serving the best Interests of the country as they saw it . I thought Cameron was sincere but overly pragmatic,inevitable perhaps as he sought to manage the Tories.I don't have great confidence in Boris and Lafarge? well,he's a fantastic orator.He should have been a barrister.Career politicians is what we have now.Its all sound bites and glibness .When the Labour Party lost out in the last election,it was Mandelson who said that the problem was that the party had failed to tell the electorate what they wanted to hear.Make 'em laugh,make 'em smile,it's show business!

[jugears] 28/6/2016 17:28

Steeplejack, I totaly agree, Trouble is once the path was set by Blair It was difficult to return,Although I do not support any political party, I have done extremely well under David Cameron & think that he should have stayed his full term, The carryings on of some of the Members of Parliment really makes me wonder if anyone is capable of running this country.

[steeplejack] 28/6/2016 16:46

The UK never really bought into the Lisbon Treaty which effectively sanctioned political union in addition to all the economic and trade agreements that we signed up to in 1973.I don't think things ever should have come to a UK referendum.If the politicians had been doing their job they would have argued years ago against the direction the EU was taking.They should have defended national sovereignty and certainly the sanctity of English law.That is their job.Under the Blair government every thing was waved through without a second thought.Immigration accelerated exponentially.So if I'm to blame anyone,I'll blame Blair albeit Thatcher made some concessions that she must of subsequently regretted.The referendum has divided the nation.Oh the angst will pass but it never should have come to this unsatisfactory state of affairs that the people were asked to make such a thorny decision.

[rubberbullets] 28/6/2016 15:50

should open up 15p tomorrow with luck, wall street might surge imho

[doyden] 28/6/2016 13:13

They can try to renegotiate but as there are many buyers queuing up behind them, they likely won't have a strong bargaining position.The simple fact is that we haven't been building enough houses for decades, regardless of demand as a result of increased immigration. That demand is unlikely to go away any time soon no matter what happens with Brexit.

[jugears] 28/6/2016 13:11

Here is Something for you to think about, The EU may have good points but it has many bad ones, some countrys benefit more than others & the Uk on the whole didn't Benefit as well as it should,The EU is very devided despite what we perhaps here & this could have been an oppurtunity for them to open there hearts & say look now we can see we have problems & that there is discontent & that now we can see that we shouldn't have brushed this under the carpet lets act on this, In truth we want the uk to stay so lets talk, sort things out give them what they wan Within reason & move on, But instead its good buy & good riddence, Does this really sound a happy union to be in? Did we honestly really want to stay in something that had been failling for years, Sooner or later someone else would have had the balls to stand up & leave so why souldn't it have been the uk at least we have had the guts to to it when many other countries have just talked about it, finacially the costs of running the EU is just far to great, Had it been ran like a company it would have been bancrupt many years ago, In truth it has becone far to big & out of control & out of touch with reallity, IMHO it is time to close & get rid of this huge burden. I also think that all self made business men/women should start a new political party to challange the next government, these will be the Dysons, Bamfords & branstons of the world who have learnt to survive & prosper through challanging & difficult times. because after all running the uk is just like running a large empire the only difference is that these people are qualiffied.

[m4rtinu] 28/6/2016 13:04

Heard business reporter on radio5 suggesting house buyers might try to renegotiate purchase prices down following Brexit. That mightn't help share price in short-term.

[steeplejack] 28/6/2016 12:37

I can't disagree with anything you've written JUGEARS.

[rogerbridge] 28/6/2016 12:31

A very good post JUGEARS.
Some perspective from Germany.

[steeplejack] 28/6/2016 12:00

Warren Buffet said that he wouldn't mind if they closed the stockmarket for a couple of years at a time.Once he'd made his investment ,he'd done his due diligence and he'd stick with it.We'd all like to adopt a similar strategy(money permitting)but the stock exchange encourages speculation and indeed it's very existence depends on speculation so psychologically it can be tough in volatile times.I sometimes think that the whole financial markets need wholesale reform and are barely fit for purpose.But as Churchill said of democracy,it's far from perfect but it's the best of the choices available.

[steeplejack] 28/6/2016 11:32

I suppose what I'm try to say is,the building sector has a very high beta factor because it is so sensitive to the health of the economy.

[gbh2] 28/6/2016 11:14

"I think you will find that a lot of companies have prepared for the fact that the uk would be leaving the Eu"

With you all the way on that hope because it's clear those "supposedly" running the Country have turned out to be totally unprepared and lacking any Plan to move forward.

[jugears] 28/6/2016 11:08

Steeplejack, The fact is know one knows where things will go, It is all just speculation as we have never been in this situation before, My family business that supplies to the construction industry for the last 55 years has always done better during a recession than the boom times,I think you will find that a lot of companies have prepared for the fact that the uk would be leaving the Eu Its agreat pitty the city of london & the people that run this country are so out of touch with reallity.

[doyden] 28/6/2016 11:05

I see a few shorters have crawled out of the woodwork trying to spread a message of doom and gloom.Jugears is correct, this company is far removed from the one that saw it's share price decimated in 2008. It is well run, cash rich and as far as I'm aware, still selling houses today.As soon as the (not inconsiderable) dividend payment arrives in the next couple of weeks, I'd be mad not to buy more. Hopefully the doom merchants can help to keep the price down until that happens, but this will be much higher when the dust settles.

[ozzmosiz] 28/6/2016 11:00

Regards to immigration. If people didn't have 3-4-5-6-7+ kids then populations would be controlled and resources in their own countries wouldn't be depleted.

[steeplejack] 28/6/2016 10:49

Perhaps but I think on the continent, most countries have bought in to the concept of the EU in a way that we have never done in the UK.Fund managers will be receiving redemptions.They will have to sell some stock to fund those redemptions.In these circumstances,what would you sell?A domestic stock or a multi national like BATs or Shire Pharmaceuticals benefitting from sterling weakness.The majority of fund managers are pretty conservative.They'll keep the overseas earners and sell the domestics.Long term that could prove a mistake but short term the weight of money and the direction it flows in,will dictate where share prices go.

[runwaypaul] 28/6/2016 10:49

In an interview with the Times, Trump said: “The people have spoken. I think the EU is going to break up. I think the EU might break up before anybody thinks in terms of Scotland. I really think that without the immigration issue [the EU] wouldn’t have had a chance of breaking up ... the people are fed up, whether it’s here or in other countries. You watch: other countries will follow.”

[runwaypaul] 28/6/2016 10:44

Angela Merkel

We will ensure there are no negotiations based on the principle of cherry-picking. There must be and will be a noticeable difference between whether a country wants to be a member of the European Union family or not

when the next referendum is called in Europe these will be trading in the 20s

give it a few months.

[runwaypaul] 28/6/2016 10:37

course there is just the minor point that the EU may break up......