Taylor Wimpey Share Discussion Threads

[gbh2] 07/10/2016 14:24

Picked up a few more today with the money that's no lodger required for the Government's, Lloyds public offering.

[arja] 07/10/2016 14:21

.interesting about sterling plunge .

Pound falls sharply in mysterious ‘flash crash’ during Asian trading
Sterling suffered a rapid decline that has been referred to as a ‘flash crash’ in the early hours of trading today. A few minutes of chaos during Asian trading sparked a plunge in Sterling to a 31-year low. Despite recovering some of the losses this morning, the dramatic fall demonstrates the current lack of appetite for the pound as well as the high levels of volatility in currency markets.
With this latest 6% decline, the pound, which has dropped 16% since the referendum, is now 2016's worst performer among 31 major currencies tracked by Bloomberg.
Mystery still surrounds the exact reason for the sudden sell off with some traders believing that it could be down to a ‘fat finger’ error from a trader or a computerised chain reaction triggered by trading algorithms. Others believe that an article in the FT in which French President, François Hollande was quoted saying that the UK would have to “suffer” for the Brexit vote in order to ensure EU unity, was the real cause.
With markets now anticipating a ’hard’ Brexit for the UK the question remains; how far will Sterling recover from these latest falls, or are there further shocks for the currenc

[raffles the gentleman thug] 07/10/2016 14:02

exactly any emergency raise will just be seen as open invitation to short the currency.

Be interesting though to see what he proposes to do about inflation, with expectations now running at 3.5% - that is going to be a nightmare for the Government when public sector strikes begin on better wage settlements

[m4rtinu] 07/10/2016 12:42

If MPC / BoE/ Carney feel £ is under threat, can they raise interests rates without waiting for their monthly meeting?

However, if they did raise interest rates to stop any run on £, it might be perceived as weakness and an opportunity to further short £.

No allies when it comes to making money out of others' misfortune!

[raffles the gentleman thug] 07/10/2016 12:10

granny ... cost of living too is important, and may of these people send money home and have just lost another 6% of their wages in two weeks in local currency terms. Going home or relocating to Germany is an attractive option and its happening

[grannyboy] 07/10/2016 12:02

It does not make sense for them to go home, the wages in this country is still 4/5/6 times what they get in their own countries, also is there any jobs in their own countries?.

[raffles the gentleman thug] 07/10/2016 11:49

I think the bigger issue right now is fact that plunging Sterling means Eastern European migrants likely to return home in droves, meaning horrible skill shortage and labour inflation and UK potentially massively undershooting house building targets. Thats the way I see it to be honest and I just lost a couple of workers for this very reason.

[battue2] 07/10/2016 11:41

Knight Frank out with a report on London housing market and prospects for the southeast and east of the country . It doesn't make good reading .whether you agree with it or not the market is certainly acting accordingly this morning.

[arja] 07/10/2016 10:01

quite a pounding today in this bullish market but other builders hit too. maybe that 140 level is a better for buying banksey !

[banksy] 07/10/2016 09:59

Oh well time to buy again do predictable

[arja] 06/10/2016 10:34

ianwood - with analysts it often oays to do the opposite of what they say . An old aussie mate made heaps doing that and shorted a stock after an analyst buy tip but waited for it to rally after the tip before shorting . Never tried this policy myself !

[arja] 06/10/2016 09:02

hoped it might kick on today but starting to drift southwards even with a strong dow .
Expect the unexpected in markets ! getting back to 170 will be a struggle it seems .

[raffles the gentleman thug] 05/10/2016 19:25

I agree with that ianood ... there is a distinct lack of analytical talent out there.

[ianood] 05/10/2016 18:23

rtgt - most financial journalists are very weak when it comes to understanding the companies on which they opine with great eloquence. One of my pet hates is John Ficenec the Telegraph's Questor column editor. He just isn't up to the job!

[raffles the gentleman thug] 05/10/2016 15:10

What gets me with TW is why any article you read on them it quotes the wrong forward dividend yield of only around 7%, yet the company is proposing a 13.8p total dividend which comes in at an 8.8% yield - I have no idea why this is other than the vast majority of commentators seem to be too lazy to look on the company's website.

Still I suppose it only means we will get a lovely positive surprise on 14 November when they reiterate this

[raffles the gentleman thug] 05/10/2016 14:10

Just need to be patient ... highly likely to get a really decent bid into the Interim numbers on 14 November from those who didn't care to buy it at 147.50p last week.

[gbh2] 05/10/2016 13:18

Just a case for building your holding and waiting for the next special dividend imo.

[catswhiskas] 05/10/2016 13:04

What an absolute pile of horse dung this is it does your decking head in !!!

[cc2014] 05/10/2016 12:59

I think this must be the most frustrating of the builders. I may be wrong but it seems to be lagging the rest of the sector for reasons unknown.

[raffles the gentleman thug] 04/10/2016 16:30

Yet further evidence of quite how tight the UK housing market has become:

UK faces shortfall of 1.8m rental homes, warns housing body

[beercapafn] 04/10/2016 15:40

£ 1.60 Yeah !!!!

[arja] 04/10/2016 15:39

motoring now and maybe back to 170 in next week or so !

[tlobs2] 04/10/2016 15:20

It'd be nice to see TW. close in the 160's

[raffles the gentleman thug] 04/10/2016 10:22

Nice rebound in construction PMI ...

[rikaughty] 04/10/2016 08:11

INL will follow but be delayed. Chance to buy.