Taylor Wimpey Share Discussion Threads

[steeplejack] 23/8/2016 15:20

Ah there you are JUGEARS! Trust you're prospering.As we all know,hedge fund managers pay themselves a nice fat bonus if things go well but still draw a handsome salary if it all goes wrong.Yet for some strange reason,hedge fund managers are still strangely venerated as masters of the financial universe despite their chequered record.All the others from brokers,to regular pension fund managers etc all benefit to a lesser or more extent from this inexplicable self interested business biase.Its a mad world.

[jugears] 23/8/2016 14:36

How these so called experts still manage to keep there jobs when they get there predictions so wrong all the time absolutely beats me, Liberum etc etc.

[jugears] 23/8/2016 14:36

How these so called experts still manage to keep there jobs when they get there predictions so wrong all the time absolutely beats me, Liberum etc etc.

[raffles the gentleman thug] 23/8/2016 08:54

Now we just need the Sterling to continue to strengthen to 1.35, sector rotation it commence and this sector recoups most of its referendum losses

[raffles the gentleman thug] 23/8/2016 08:50

Government prepares multi-billion pound housing stimulus

hxxp://www.propertyweek.com/news/government-prepares-multi-billion-pound-housing-stimulus/5084708.article

[cc2014] 23/8/2016 08:49

I can't imagine a better statement around future sales which is evidenced based on figures.

Of course there will remain those that believe that at some future point the world is going to collapse but as long as employment remains robust why would it and given we have devalued the pound that will create exports and holiday-makers.

[raffles the gentleman thug] 23/8/2016 08:36

If you are referring to the Persimmon statement, it reads :

"While the result of the EU Referendum has created increased economic uncertainty, customer interest since then has been robust with visitor numbers to our sites around 20% ahead year on year. Our private sale reservation rate since 1 July is currently 17% ahead of the same period last year. The Group is now trading through the traditionally slower summer weeks but customer demand remains encouraging and we anticipate a good autumn sales season."

[priteshpatel9] 23/8/2016 08:31

Results were up to June when the markets thought we'd remain. Next statement will be much more interesting.

[raffles the gentleman thug] 23/8/2016 08:04

Yep and absolutely no Brexit effect, with visitor numbers to sites up 20%, and private sale reservations up 17% post the vote. So whats all the fuss about ?

[tlobs2] 23/8/2016 07:59

Persimmon are reporting increased sales and prices !!

:-)

[steeplejack] 22/8/2016 19:20

You're right raffles,the search for yield will favour housebuilders and could hold sway now that the prices have steadied.If the stock can break through the low 160s,might be up and away from the 150s range of the last month.Thereagain,I think a sector rotation into domestics will be limited at this juncture.More data is required to confirm that the UK economy is showing encouraging resilience.

[raffles the gentleman thug] 22/8/2016 16:31

Other issue we have here m4rtinu is that nobody is prepared for Sterling to rally. A continuation of what we are seeing today could really put the breaks on the market, and cause some serious sector rotation in favour of oversold domestic cyclicals like TW et al. Put it this way I wouldn't wanna be buying low yielding miners against high yielding house builders.

[raffles the gentleman thug] 22/8/2016 16:18

Fear not m4rtinu for summer is almost over, fund managers will shortly be back at desks mulling over how to play the remnants of the third quarter and fourth, and the search for yield will be on. And no where is it more obvious, and frankly safe, than in this joyous sector.

Good news abounds and too many are preoccupied with backward looking economic and housing data and unable to recognise that the ten year gilt is carrying a negative 1.5% real yield.

Hold tight for the ride higher is my advice. High 160s is just reading the chart and top of current upward trading range, but I frankly believe we breakout of that and ease on up into the 180s. Take a look at BKG also. Its arguably more interesting ...

[m4rtinu] 22/8/2016 16:09

Raffles - that is a very accurate prediction. I would be very happy with that. My concern is that the FTSE100/250 have had too many up days recently. So although housebuilders may be more than a bit over-sold, I'm not sure how confident I would be that they could buck any overall retrace in the market, should it happen.

[raffles the gentleman thug] 22/8/2016 11:35

Chart is saying 167p short term, and 50 day moving average will start to move sharply higher by start of next week in support of that. Never has there been such a misunderstood sector. BKG worth a look too

[gbh2] 22/8/2016 11:31

The whole sector is doing well today.

[cc2014] 22/8/2016 11:28

wot no posts when TW. looking so strong today? Already up 2.9% against trend of FTSE.

I recent recent intraday highs around here so wondering if it will push through or hold here for a while

[grannyboy] 20/8/2016 10:55

Also when the registration site went down 10 minutes before shut off time, resulting with the government extending the registration period by an extra two days, which it is believed allowed an extra 2 million to register, the majority understood to be young voters who were most likely to vote 'remain'.

[libertine] 20/8/2016 08:42

We`ve had the referendum. We`ve had the result which was to leave, despite all the scaremongering.
It`s not the best of three!!!

[steeplejack] 19/8/2016 22:58

Another referendum about EU membership might see the younger members of the electorate turn out.Meanwhile,the original Brexiter caucus face a mortality factor if surveys are to be believed.Secondary considerations to be sure.

[gbh2] 19/8/2016 16:32

I'd still vote to leave, because imo my tax goes into the banks accounts of enough greedy politicians in this country without it being sent abroad !

[grannyboy] 19/8/2016 16:26

The reason people don't vote in GE is because in most cases their votes don't count, unlike in a referendum each vote is equal.

[joe say] 19/8/2016 14:49

There's the other side of the coin which seems to have been ignored in this debate - namely the EU won't want us hanging around ad infinitum in limbo land

So hurry up Mrs M - get us out asap

hopefully soon to be followed by Holland, Italy, Hungary and Greece

A failed vanity project