Taylor Wimpey Share Discussion Threads

[the destroyer] 29/9/2016 14:33

Help to Buy mortgage guarantee scheme pulled by Phillip Hammond - ends this year.

[arja] 29/9/2016 14:18

cats - yes , now revisiting the 148 area and looking quite ominous . sadly , it might reach that 140 chart support but not today of course .

[raffles the gentleman thug] 29/9/2016 12:06

Forgetting todays action, which is just about oil and sector rotation, the problem home builders have is simply Brexit.

Not a day goes by when we are hearing about 100,000 city jobs at risk, or Formula 1 telling us 48,000 engineering jobs at risk; or hearing about immigration restrictions. These are the issues negatively affecting sentiment on this sector and scaring away the marginal investor. And until these are resolved its hard to see meaningful support for these shares irrespective of what any individual company is telling us about the health of the sector; or how attractive dividend yields are; or what mortgage applications are this month.

And the management of these companies are not helping by their strategy of running their businesses for cash, which in itself is a sign of lack of confidence in the future of the sector. They are all competitions against each other with their respective dividend distribution plans, when in any other industrial sector they would be consolidating their peers at these prices instead.

So feels like its going to be hard to make any headway forward with these names apart from the inevitable ramping into their results and dividend payment dates.

[catswhiskas] 29/9/2016 11:50

Not the sector to be currently invested in unless you like being disillusioned I'm afraid .Shorters however might not be quite as keen to sell in a months time or so as they are now .Im sure Hedges want tw bkg as low as they can get them to maximize their profits ob the way back up without getting caught short about another 5 weeks of this sh!t then something a bit brighter on the horizon I hope imo

[tlobs2] 29/9/2016 10:34

Up 3p yesterday as the ftse fell and down 2p today as it rises.

Take it as an opportunity to ride the small waves :-)

[tyranosaurus] 29/9/2016 10:27

Still a stock going nowhere.
FTSE up 74 TW. down 2
Disillusioned with them and am considering selling.

[arja] 29/9/2016 08:22

really disappointing performance from the builders today so far after a bright start ! TW and all of them down and the dow so buoyant ! expect the unexpected in markets and I am glad i made quite a lot on my favourite S32 with miners strong !

[gbh2] 28/9/2016 17:20

gbh2... What is with the IF !!!

Nothings set in concrete.

[raffles the gentleman thug] 28/9/2016 14:05

steeplejack ... good post but I would add that its hardly a drama if Central London prices do drop 20% - since it wouldn't even put them back to 2014 levels - and the builders exposed to London have been scaling back enormously in any event, as you can see from new homes dropping by 58% in 1H 2016 vs 2H 2015 - from 8,760 down to just 3,670 and likely to be lower still in 2H 2016

[steeplejack] 28/9/2016 13:39

We live in a world of the career politician and they're all as bad as each other.If Brexit told us anything,it confirmed that the gap between politicians and the electorate has rarely been so wide.Corbyn is quite a curiosity in that he says what he believes.The bedrock of Brexit was a desire to control immigration but today's Guardian headlines,"Corbyn rules out cutting immigration".I admire the fact that the man is determined to make himself pretty well unelectable.Touch of the martyr about the Labour leader.So the tories are here for a good long while I suspect.I also suspect that London is slowing fast.Afterall,a hard stance on passporting etc will hit the City hard in due course and the very expectation is having plans curtailed until there's more clarity.UBS is cautioning about a marked potential correction in London house values.Some here might not give a damn but the trickle down effect will be only too apparent in time.Nonetheless,the builders remain oversold.

[raffles the gentleman thug] 28/9/2016 13:13

The endless repetitive posts stating the obvious about Dow futures and hopes for the TW price possibly confirm this grannyboy.

[grannyboy] 28/9/2016 13:04

If arja thinks the Labour party are anymore interested in the 'plebs' then the Tory's are, shows how deluded that individual is.

[arja] 28/9/2016 09:53

Jugears - yes , a Tory government is not interested in the plebs and TM is typical of that . nice to see TW and builders doing well today and am hoping the dow futures stays firm .

[jugears] 27/9/2016 17:53

arja, In or out of the EU, the only way the government can build more houses is by encouraging the likes of TW to build more, any though of the government organising & building more houses them selves is unthinkable, Just another Fiasco like everything else the Government does.

[arja] 27/9/2016 17:45

dow doing better since UK close and bodes well for TW tomorrow !

[beercapafn] 27/9/2016 14:52

gbh2... What is with the IF !!!

[gbh2] 27/9/2016 14:22

Full year results are February 2017 so we'll have to wait for the next ex dividend date.

Edit: Remembering the interesting dividend is the Special one which will be mid year if they stick to it.

[1carus] 27/9/2016 12:22

gbh2, very astute.. sold some of my long held Arris/Pace last week and added here. As I said, looking at this as an income stock over the next 3 years.
My Original buys on this was a few years back at 100p, didn't sell any at 200+ for various reasons and actually glad as the divi has been really good over the last few years.
Anyone... when is the next ex divi day on these?

[m4rtinu] 27/9/2016 12:13

Seems like an opportunity for private finance to build council houses. And, we must at least try to start training our own (younger) workers. Perhaps some incentive giving young brickies a discount on the rents of any such houses?

[arja] 26/9/2016 20:14

building stocks did worse than the 1.3% fall in the FTSE 100 today sadly . Let's hope for a rally tomorrow although no pick up in Dow yet !
Jugears- do you mean after the UK leaves the EU which is quite crazy ?

[grannyboy] 26/9/2016 17:00

There is millions who go/went to university to do useless subjects because these days they don't want to do anything resembling manual work, you don't have school leavers taking up apprenticeships now until they're over 18, and thats IF they want to go into the construction industry, its all been planned to accommodate the importation of cheap foreign labour, because they thought the UK was too far integrated into the EU.

[jugears] 26/9/2016 16:26

Where will the Governmemnt get the workers from to build these houses?

[raffles the gentleman thug] 26/9/2016 16:22

terminated ... I would have thought the main motivation to support this sector would be to keep employment ticking over during the Brexit period, rather than particularly aim to extend home ownership. And stimulating this sector generally provides a short term boast to the economy.

I know the noises seem to indicate encouraging institutions to invest in the private rental sector, but I would have thought that would be quite difficult to get off the ground and have the immediate desired effect - not least because they need land, and need to earn a satisfactory long term return on investment which wouldn't necessarily be there.

[arja] 26/9/2016 16:06

I doubt that the hard hearted witch will choose the latter terminated !

[terminated] 26/9/2016 14:12

Mays approach to the housing shortage will have a big impact on building shares in the next month or so. If she reduces planning permission, gives tax incentives or makes government greenfield land available to allow new housing projects to develop, builders will rocket. If however, she chooses to embark on a government building programme then that would kick the builders hard. The latter would be considered quite revolutionary for a Tory led government but it is the only thing that will go some way to fixing the problem. Will she or won't she.....