Taylor Wimpey Share Discussion Threads

[omg48] 18/10/2016 21:59

Nothing different there then

[jugears] 18/10/2016 19:24

If they are going to do a share buy back surley it would be better to do it now whilst the share price is so low rather than wait for it to rise ?

[raffles the gentleman thug] 18/10/2016 16:58

garycook .... hi again - this was specifically the wording in the last press release:

"The Board confirms its intention to keep the mechanics of how the Company will pay special dividends, including the merits of undertaking a share buyback at some point in the future should it become appropriate to do so, under regular review."

But my guess is that the share price will be a lot higher than here by next July, meaning a cash distribution of the remaining 13.27p for this year is the more likely outcome.

[raffles the gentleman thug] 18/10/2016 14:45

Garycook... that dividend information was what they disclosed in their last presentation. I only ever posted it in the first place because it seems that nobody can really be bothered to look it up themselves. Obviously the special component of the dividend comes from free cash flow distribution, but assuming that holds up for the remaining three months of the year there is no reason why the dividend payout could not be the 13.8p they disclosed.

However it's important to understand that they also disclosed that the free cashflow could also be used for buybacks instead

[optomistic] 18/10/2016 13:53

gbh2...thanks

[gbh2] 18/10/2016 13:19

optomistic, I assume it'll be announced with the Finals in much the same pattern as this years below:

Type Amount Ex-dividend date
Total 1.67p
Special 9.20p 02/06/2016
Final 1.18p 07/04/2016
Interim 0.49p 20/08/2015


Edit: This was one of the last notes I saved:
"Taylor Wimpey said it would pay a special dividend of 300 million pounds in July 2017 and bump up its ordinary dividend, so that a minimum of 150 million pounds would be given to investors via regular payouts from 2017."

[daybreakers] 18/10/2016 13:07

Well I have 4k in here and my stupid divi was only £13. hardly worth holding just for divi.

[optomistic] 18/10/2016 13:03

gbh2, what is the x/d date for the special divi please?

[garycook] 18/10/2016 12:10

Kevin,Those are the figures that Raffles gave to me.TW have already paid out 10.91p in 2016.With an increase of around 26% in the final 4.6p and special dividend at 9.2p for 2017 it gives 13.8p.Look at Post 17543

[gbh2] 18/10/2016 12:08

Good news is constantly being sold into throughout the sector imo.

But I'm as confident as I can be about anything in the market that TW will be bought into, in quantity as the July 2017 special dividend (ex date) approaches, only downside for me is what the buy back price will start at!

[kev0856153] 18/10/2016 11:45

GARYCOOK16 Oct '16 - 11:26 - 17945 of 17984 0 1
I purchased 7,250 shares on Friday.Mainly to balance my Portfolio.Also for the guaranteed dividend of 13.8p a share

I thought the guaranteed dividend was about 9.5p per share. Does that mean there will be a final dividend also of about 4p? TIA

[arja] 18/10/2016 10:37

so it wss the furher announcement about suppliers wishing to hike their prces after brexit which is why BWY started to fall but still slightly up on the day .

[arja] 18/10/2016 10:33

steeplejack- a lot of sense in that artice but as a remainer I would say that wouldn't it !
even BWY dropped over a pound after early big move and what a great short for some ! TW struggling but might hold up today .

[steeplejack] 18/10/2016 10:16

"Three in five Britons (61%) say that they would be willing to accept a short term economic slowdown in order to tighten controls on immigration. Although British adults would not be happy if this hits their own pockets; with two-thirds (68%) saying that they would not being happy to pay any of their own personal annual income to tighten the control Britain has over immigration and reduce the number of EU migrants entering the UK."

The FT refers today to this Sun newspaper survey made prior to Brexit.The FT questions whether Brexit would have happened at all if sterling had weakened markedly ahead of the vote alerting the public to the potential adverse economic consequences.It doesn't matter what people write here,the international consensus about a post Brexit world is unequivocally nervous as evidenced by the slide in the pound and that is spilling over to nervousness (probably unfairly)about medium term prospects for UK housebuilders.

That said,I'm struggling to understand why the sector is in such disfavour when Bellway comes up with statements like this:"The Group does not directly import any materials from overseas and despite the volatility following the outcome of the EU referendum, the overall cost of any adverse currency fluctuations is expected to be minimal when considered as part of the overall cost of constructing a new home."

[m4rtinu] 18/10/2016 09:11

Terminated - I hope you don't teach statistics!

Gary - thanks for info on Belway.

[arja] 18/10/2016 08:53

I have to admit that sadly the chart does suggest that it could happen but might be some news which will turn it around decisively . All one can do is to cover or partially cover by a short until a clear sign that about to turn .

[catswhiskas] 18/10/2016 08:49

I say short to sub 120p

[arja] 18/10/2016 08:33

a bit of a rally but so tentative !

[gbh2] 18/10/2016 08:12

It was all about the failing Housing market the last time I read an arja post he/she must have lost a packet to get in such a state!

[bonio10000] 18/10/2016 08:10

In arja's world the whole UK economy is the EU, 100% of exports are to the EU and 100% of all goods and services content is imported.

[garycook] 18/10/2016 07:24

BWY,Finals.eps up 42%,and the dividend up 40%.Should be an up day for builders today.

[arja] 17/10/2016 22:09

terminated- there may be some as you describe but quite a lot on a TV discussion programme who would have voted to remain if given the chance . But the older folk should be voting to remain to protect the future interests of the young people you describe . But let's see if arch brexiteer , the witch , gets her way in trying to bypass parliament .