Taylor Wimpey Share Discussion Threads

[arja] 13/10/2016 08:32

doing well so far today after good start and then slipping - let's see if it can hold this rise !

[steeplejack] 13/10/2016 08:29

So,sterling goes down,prices go up (eventually after arguments between retailer and manufacturer) and then the cost of living increases cutting real wages that in turn leads to increased pay demands and perhaps strike action.Meanwhile,the record industry releases old Marvin Gaye,Lou Reed and David Bowie compilations in time for Christmas.Ho,Ho Ho,the 1970s are back and in such eventuality,demographics suggest it's the ordinary Brexiteer who will suffer most.

Oh to keep on subject,cost of materials and labour in the housebuilding industry will be pushed higher potentially squeezing profit margins.

Freedom has its price.

[spoole5] 13/10/2016 07:58

It's pure supply and demand, building 45000 houses a year when the uk needs 5 times that.

[longwell] 13/10/2016 07:49

house prices rise in September so more positive news for sector

[catswhiskas] 13/10/2016 01:01

What about supported predictions
This is going down to 130 cos catswhiskas ses so !!

Catswhiskas - filtered ? Grow up get a life !!

LoL !

[gbh2] 12/10/2016 22:01

I cannot be bothered with unsupported predictions:

DayBreakers
12 Oct '16 - 21:59 - 17915 of 17915 0 0 (Filtered)

[daybreakers] 12/10/2016 21:59

This is going down to 130.

[1carus] 12/10/2016 21:21

I think more of these for me tomorrow at this price!

[catswhiskas] 12/10/2016 19:31

Jugears thankyou for your post and support you are absolutely right of course I havnt lost anything until sold which I don't intend to do.Just frustrated and fed up as are many others are at the continuous drubbing and daily decline in the share price But that's stocks and shares for you and if u have no appetite for this sort of thing stay out of the fire .

Not sure who gbh2 is referring to as wasters ???

[tlobs2] 12/10/2016 19:28

That CatsWhiskas sounds like a bit of loser. A litle out of his depth on several counts unfortunately.

[gbh2] 12/10/2016 18:45

Jugears you're far to generous with wasters, all I did was apply the Filter, once applied seldom removed.

[jugears] 12/10/2016 16:47

Catswhiskas, Unless you sell you havent't lost anything,You should never invest money that you may need short term, Luckily I bought these many years ago so they owe me nothing, Even though I have lost circa £50,000 since they peaked, but it doesn't concern me at all as there is no reason for the shares to be where they are right now, They have a strong balances sheet a very good dividend & as you say they won't be this low when its divi time, unfortunatley now we have voted out of the EU no one knows what the F--k to do or what will happen next but everyone has an opinion,You own shares in a very solid company So just sit & wait Becaues from experience patients really does pay off even if you have to wait along time, I remember buying 2569 shares in next @ 56 pence each & then they fell & for about a year I wondered if I had done the Right thing. I eventually sold for £7.00 each feeling very pleased with my self, How I regret selling them even on todays price, But then I could have been really stupid & sold them when I got my money back. My long term target for this share is £2.64+ & I have no doubt that with its present management in place that this is achievable Brexit or no Brexit.

[tlobs2] 12/10/2016 14:54

We need Mrs May and her colleagues to bash their heads together and put some decent incentives in place to boost the number of houses being built.

I don't know about London and the South East but elsewhere there are chronic shortages of houses available to buy. I know that for a fact as I am currently looking for something new :-)

[raffles the gentleman thug] 12/10/2016 14:20

you don't say

[arja] 12/10/2016 13:37

looks like it is going to give back most of yesterdy's gains and hoping a dow rally might save the day . But most of the builders are well down today .

[raffles the gentleman thug] 12/10/2016 13:09

would only say gbill11 that costs have been rising for the past forty or so years, which is exactly what has been driving new build prices and replacement values in the secondary market. Certainly if one had an account at any builders merchants for the past decade they would have seen materials rise on average by about 4% a year.

Sterling weakness will absolutely cause a new round of inflation for builders but that will simply be passed through in higher sale prices. Anything imported is already going up, so things like ply from S America has risen by 10% to 12% since June, and pretty much all timber will be heading the same way shortly. As for domestic stuff this will also be heading higher - probably 5% or so, as a direct function of rising energy prices - something like 70% of the cost of production of cement and bricks being energy.

Personally I think bigger problem will come for builders is in labour inflation and labour shortages in the event Sterling continues to be under pressure vs. Euro. If that happens its inevitable that Eastern European labour will leave the market. But we won't really know whether that materialises for probably another 6 months or so.

[bonio10000] 12/10/2016 12:51

Land - GBP
Labour - GBP
Most materials, if not all - GBP

Wage ratio of UK to Eastern Europe - more than enough to attract labour.

[dr_smith] 12/10/2016 12:33

Gbill11 - I am not in the trade, but believe all materials are UK sourced (hence shortage of bricks on occasion).
But labour - attracting foreign labour who send dosh home, could be a factor.

[arja] 12/10/2016 12:19

good point GBill11 and the disastrous result of the referendum might eventually be a real problem for domestic companies with most mining stcoks benefiting .

[gbill11] 12/10/2016 12:03

I've a question. Cost of building materials will surely rise since the pound has fallen so much. What proportion of costs are building materials and how badly this affect Taylor Wimpey?

[arja] 12/10/2016 10:50

seemed to help TW early on but now struggling . Really hard to say if it will re-visit recent low but hope not !