Taylor Wimpey Share Discussion Threads

[cc2014] 05/8/2016 09:19

This looks really good this morning. Hoping we can get back to the recent high

[farmai] 04/8/2016 20:46

I think thats very wise. I only wish I could be that disciplined, particularly in these dangerous times

[gbh2] 04/8/2016 20:36

It's more that I have an odd perspective when it comes to this game, I actually like to see a tangible profit so I set targets and move on when they're achieved :)

[farmai] 04/8/2016 19:36

understood gbh2, understood.

No doubt you have considerably more experience trading TW than I ...

[gbh2] 04/8/2016 19:10

I'd not try to convince you otherwise farmai, each to their own way forward :)

[farmai] 04/8/2016 19:07

I appreciate that gbh2, but as long as fundamentals are intact things will be ok over the medium & long term. I think this stock's, and indeed sector's, woes have a lot more to do with the flight of money from UK stock markets than anything else, and that effect should be short lived, allowing some degree of normality to prevail.

The only problem for TW and others is that lack a real catalyst, but the upcoming Autumn statement should probably help, and as we get to the end of the year volatility should subside as it becomes a favoured yield stock.

I personally would not consider selling below 175p at present, and I am more likely to want to add on any irrational sell offs.

[gbh2] 04/8/2016 16:49

farmai - Agree to a certain extent but the main issue is that the Directors are not the ones that are controlling the SP, imo the institutions will take it back down again.

That said TW has been my best earner this last three years so I will be keeping a close eye on what's happening.

Thanks Martyn, wish you & other holders good luck too.

[farmai] 04/8/2016 16:34

The only sentiment which matters is that coming out the mouths of the directors who are telling us loud and clear its business and usual

[martyn9] 04/8/2016 16:26

GL for the future gbh2.

[gbh2] 04/8/2016 16:20

Sold out today, back next summer I hope.

[martyn9] 04/8/2016 16:19

Sentiment poor on BoE news today and reflecting in the share price 6 months this will be hovering around £1..85 mark.IMHO.

[tlobs2] 04/8/2016 12:56

This is looking promising again :-)

Edit : "was looking promising"

[optomistic] 04/8/2016 12:24

Carney has produced his most 'unexpected' statement, now can he go back to Canada please and save us all a lot of money...oh can all the MPC members retire now and save us a lot more? may as well, as there is little more work for them to do, not as though they have done much over the last 9 years :-/

[farmai] 04/8/2016 12:15

After that little moment of insanity may the vertical take off now commence ..

[m4rtinu] 04/8/2016 12:09

That was quick!

[m4rtinu] 04/8/2016 12:07

Hold on to yer hats! Vertical take off in share price Until sanity returns.

[tlobs2] 03/8/2016 16:33

Pretty big volumes again today.

Let's see what Mrs May has up her sleeve for the housing market over the coming months :-)

[farmai] 03/8/2016 10:34

Yep - now we entering the Show Me The Money phase

[cc2014] 03/8/2016 10:27

Another trip down this morning in the sector for no apparent reason to me.

I'm pretty sure that's the retracement/consolidation phase done.

[farmai] 02/8/2016 20:34

Inclined to think it was less a TW specific thing and more a whole housebuilding sector or indeed even cyclical sell off we saw. The good news though is there was a huge amount of buying support in these stocks both yesterday and today, probably now clearing the way for TW to move up to the top of its trading band - around 159p.

Here the shares should intersect their 50 day average, and the question then becomes whether with perhaps the help of a rate cut Thursday TW can move through this into a more sustained uptrend.

[cc2014] 02/8/2016 19:41

So, yesterday we did 28m traded with 2m in the closing auction.
Today we did 32m with 12m in the closing auction.

It is telling that the closing auction raised the price 1.4p. This would seem to imply that someone desperately wanted to buy today and they don't think they will get a better price tomorrow.


I think the last couple of days have probably the necessary re-tracement to find where the support was and for those who truly believe the world is going to end to sell their shares or place their shorts.

[optomistic] 02/8/2016 16:46

CC2014, it certainly is especially as the auction rarely has any influence on the open in the morning.
If those trades had been done whilst the market was open perhaps they would have influenced the price on the day?

[cc2014] 02/8/2016 16:36

12m shares traded in closing auction ! How bizarre

[farmai] 02/8/2016 14:28

Good for u. But with respect stuff the market sentiment, TW at 149p is just too cheap, and the fear pervading the sector is wholly unjustified.

As long as Britain's quoted housebuilding sector can only deliver around 75k residential units a year, and our population continues to expand by around 400k a year there is nowt to be particularly worried about