Taylor Wimpey Share Discussion Threads

[steeplejack] 30/6/2016 19:50

PS The thing about the securities industry is that you don't have to get it right to make a fortune.Hedge fund managers take their fees even if you lose money and take even more if they do a mediocre job.This methodology permeates the whole of the City,you pay a pretty penny to receive advice whether it's good or bad.Mind you ,I reckon the lawyers are worse.Surely we can agree on that!

[jugears] 30/6/2016 15:41

SteepleJack, I have puchased around 50+ shares ( all with my own research) from next(.56p) Asda,(.53p)Arcadia,Debenhams, Safewy, Chloride, Birchin,Just group,Weir group,Johnson Matthey,Travis perkins to name but a few, out of all those I have only ever lost money on Lloyds bank & 2 other companies, Next has returned a substantial profit & birchin I bought for 1p & sold for 15p, not bad For a joiner that left school with no qualifications, investing is about taking a gamble & patients & doing you own research, not selling as soon as the market goes sour, I would say that all of my shares have lost money for me at some point, but waiting sometimes 10/15 years has returned some very spectaculer profits ( Next) My policy is if you don't sell you don't loose out, Chloride for example jogging a long for years staying around 20p then out of the blue a takeover bid & worth the wait.If you look at the worlds richest people these are the ones that buy shares when everyone is selling, When you have a well ran company you have to look beyond what will happen in the next 2-3 years & that will be that TW will still be going strong building more houses with a share price substantially higher than we have seen it pre prexit, yes for now they may have fallen but had I sold them I would have paid most of it in tax @40% so for me there was no point & I know this is a well ran country that will survive & prosper In years to come, For me it is not about making £1.80 a share I am looking for the £5-£10 per share & it will come one day I'm not in any hurry. This country is not doomed we are laying the foundations for a very great future, nothing will hapen over night & it may be tough but companies adapt & we have learn't a great deal since the financial crisis which makes us much stronger & more adaptable, not sure if this is just a blip but in the last three days I have won more contracts than in the last 4 months & having a degree means absolutely nothing, I have worked with many site managers, the ones with a degree & have not had a trade are totally useless, & if they research those companies so well how do they virtually always get it wrong(Liberum especially)

[steeplejack] 30/6/2016 13:34

JUGEARS,I think you'd be surprised at the intensive nature of investment analyst research.The analyst,ordinarily a graduate with a good degree,will do nothing else but cover building,construction and related stocks,committing himself to covering around ten companies exclusively.He will meet regularly with his companies and update twice yearly at results time and when there are other corporate developments.He might not know how to manage a concrete pour but will,over the years,gain enormous industry knowledge.There are not just broker analysts but fund manager analysts too.A massive duplication of effort.The problem with the securities industry is arguably how it is remunerated ie through getting people to deal.Brokers encourage people to sell good stocks and buy bad ones one fund manager once complained .Things were better for clients before Big Bang when they had single capacity.There's an inherent conflict of interest as a result dual capacity.Investment banks will inevitably serve the best interests of their book before their clients.Look at the time Goldmans got caught recommending stocks to their clients while concurrently taking out a short position.
Analysts will know an enormous about their sector.That doesn't mean they'll get their recommendations right of course.
The stock to buy a dozen years back for an easy life was BATs.If you had reinvested the dividends ,you would have seen the value of your holding rise some 20 times.I can't remember anyone getting excited about BATs all these years ago,other than an income fund.JUGEARS,you clearly know all about building companies and you're right to stick in a sector that you understand so well.What a lot of punters do,is stray off speculatively into areas they don't really understand like tech stocks or more recently miners.(Sadly,I confess to getting a bloody nose in both arenas.All the fun of the fair!)To make money,you don't really have to go further than your own back gate.

[gbh2] 30/6/2016 12:23

imo its business confidence figure.

plus we're going to see profit taking more frequently until things settle down.

[jugears] 30/6/2016 12:08

I assume this is down due to the singapore bank decision, not really sure that overseas investors are looking at buying your average TW family home so don't see this having any effect on them, more like your house in Mayfair, you have to laugh at peoples lack of Knowlege, I bet 99% of brokers don't even Know what TW actuely build.

[gbh2] 30/6/2016 09:29

Announcement yesterday evening indicting it would have taken much longer to get the website up & running again if they'd attempted to include them, so they used a earlier back up.

Seems they may attempt to include them at a later date.

[steeplejack] 30/6/2016 09:06

Yesterdays posts appear to have disappeared into the ether.Is that a curse or a blessing :)

[betelgeuse1] 30/6/2016 06:38

ALD


Numis say this

Following better than expected results for 2015 we are upgrading our EPS estimate for this year by 5% to 26.9p from 25.7p. The upgrade would have been more but for adjustments to the number of shares in issue and the group tax charge. As a result of these our EPS estimate for next year falls 2% to 32.0p from 32.7p. Excluding the impact of shares and tax our 2017 estimates would have increased modestly.

So EPS of 26.9p this year and 32.7p next year

PER of 3.5

[abarclay] 30/6/2016 06:35

CNBC

Live: Stocks bounce to near pre-Brexit levels
Kalyeena Makortoff | David Reid | Spriha Srivastava
48 Mins Ago
CNBC.com
5
SHARES
COMMENTSStart the Discussion
Our live blog is tracking global market moves after U.S. indexes retraced losses from the post-Brexit malaise to turn positive year-to-date.