Taylor Wimpey Share Discussion Threads

[gambos49] 12/3/2017 19:21

Bovis news should help the house builders share price tomorrow especially if a bidding war starts or foreign investors take an interest

[libertine] 12/3/2017 14:14

New Issues | Sun Mar 12, 2017 | 1:41pm GMT

UK builder Bovis in talks with Galliford Try after rejecting bids

British homebuilder Bovis has rejected a bid approach from rival Galliford Try but remains in negotiations about a possible deal, the firm said on Sunday, adding it had also rejected a proposal from another suitor, Redrow.

"Discussions with Galliford Try are ongoing," a Bovis statement said. It said an initial all-share offer had been rejected, alongside a share and cash bid from Redrow because neither reflected the underlying value of the firm.

"The board also concluded that the Redrow proposal was not in the interests of Bovis shareholders as the cash element of the offer would require shareholders to crystallise value at the current Bovis valuation."

[raffles the gentleman thug] 12/3/2017 01:41

Redrow swoops on ailing house builder Bovishttp://www.thetimes.co.uk/edition/business/redrow-swoops-on-ailing-house-builder-bovis-qp65qxg5l

[dr_smith] 11/3/2017 08:08

icarus..maybe night flights? ;-)
Heart or head? Wow - a difficult one at this time of day - and different occasions require different approach I guess.

[1carus] 10/3/2017 20:08

DR_S, 4% annual return is not so bad in this climate. If I could guarantee 7% I would take that all day. Maybe just not as greedy as others, I should have said I would be disappointed with less than 4% overtime.
Yes there is some irony in my name there. Icarus was escaping the labyrinth and failed as he set his ambitions too high, literally. The name serves as a constant reminder to not let the heart rule the head I guess.

[dr_smith] 10/3/2017 19:20

Icarus - settling for 4%? With that name you need to aim higher and higher ;-)

Personally I set myself benchmark of 7% to justify risk, as opposed to hoped for return.
I reckon you are smarter than day traders - in the words of Clint Eastwood - "A man has gotta know his limiations".
I follow same logic as yourself, investing in fundamentals rather than sentiment.

[1carus] 10/3/2017 18:45

Thanks for your balanced replies....if tw stick to their refunding their share holder policy, although there are no guarantees, it seems a reasonable thing to hold as in these times share prices seem to be very volatile having almost no bearing on performance, annual statements and the likes... all too random for me! I'm kinda liking income stocks right now. As far as investing goes I just tend to invest in things that I believe are at that time undervalued but take a long term view. If I return more than 4% over time I am happy. I am certainly not smart enough to day trade.

[njb67] 10/3/2017 17:51

Not quite. The 2.29 is the final payment for the 2016 financial year. For 2017, the interim will be paid in August and the final payment April 2018. Plus the special.

Between now and April 2018, circa 16.1p/share

[billy5] 10/3/2017 17:41

Thanks ex, that's pretty much what I thought, so we can look forward to 2.29p in April and then the balance in the Ints in August.

It's like having money in the Bank, we just are not sure when and how much.

Thanks for your input.

The Special is mouth watering!

[exmooroil] 10/3/2017 16:51

billy5,

As I understand it, the final dividend of 2.29p relates to y/e 31.12.16, so that doesn't count towards y/e 31.12.2017.

TW has stated that it will return 13.8p for y/e 31.12.17, of which 9.2p will be a special dividend which goes xd on 2.6.17.

The ordinary or maintenance dividend for y/e 31.12.17 will be 4.60p. We will have to wait until the Interim Report to be told the amount and xd date for the interim maintenance dividend, which last year went xd on 25 August. The final maintenance dividend will be 4.6p minus interim dividend and will be announced with the Finals and go xd in mid April 2018.

Don't take this as gospel, maybe check with the company?

[billy5] 10/3/2017 16:16

Can somebody please put me out of my misery.
The Final divi goes ex on the 17/4 and is shown as 2.29p in the Financials.
The Special will be some time in July I believe.
As the Ord divi is in total 4.6p does that mean the Int (ex 25/8 .53p in 2016) will be the balance of 2.31p.

Thanks in anticipation.

[njb67] 10/3/2017 16:03

Jug
Good post. My only add would be that different investors will seek different outcomes. For example, those who want to live off their portfolio will place a greater emphasis on high quality companies generating predictable dividend returns. Growth while still welcome is less important than knowing you will have a regular income.
GL

[jugears] 10/3/2017 15:57

1carus I assume that you have not been investing very long? I agree though I was lucky enough to purchase these at.30-37p & have never taken any dividends in cash only shares, This is not an unusual situation depending though on how long you have been investing & how long you hold the shares. In the eighties I purchased share in an almost unknown company called next for 56p & sold for around £7 ( & thought I had done extremely well) how I wished a few years ago that I had kept them when they hit around £80 per share ,I am not sure what the dividend was then but I am sure that it was many times the price I paid, For me investing is for the growth in share values the dividend is secondary (& very nice to at the moment).

[njb67] 10/3/2017 13:09

1c

I would consider it alongside the current share price and then compare to alternative investments. So irrespective of the price I paid if the current yield is 2% and I can sell out and purchase a similarly attractive company yielding 4%, then I would actively look to switch.

Worth remembering the value of money falls over time. So, even in our low inflation world, 95p per share 5 years ago (say) is not the same as 95p today. The figure needs to be uplifted to reflect for inflation.

[1carus] 10/3/2017 12:56

How do people think about dividend yield generally. Do you think about the dividend as the current yield at todays rate or do you think about it compared to what you paid for the share. If you would be lucky to of been in these at sub 0.95 that would be 12.5% at least just for holding --- that is a fantastic return by any standard ( not to mention the doubling of the share price) Not sure that anyone could out perform that over the long term, except a few fantasists.

[mip55] 10/3/2017 08:20

Sorry..... Above was taken from dividenddata.co.uk .... Shows current not future yield

[mip55] 10/3/2017 08:17

Dividend Yield = Total Dividends/Current Share Price = 2.82p/190p = 1.48%Dividend Yield with Specials = Total Dividends + Specials/Current Share Price = 12.02p/190 =6.32%

[exmooroil] 10/3/2017 08:14

From the Finals 28 February:

"Accordingly, subject to shareholder approval at the 2017 Annual General Meeting, in 2017 shareholders will receive a total dividend of c.£450 million (c.13.8 pence per share), comprising an ordinary dividend of c.£150 million (c.4.6 pence per share) and a special dividend of c.£300 million (9.2 pence per share)"

13.8/190 = 7.26%

[romeoandjuliet] 10/3/2017 08:05

Can someone confirm the dividend yield at 190p?

[gbh2] 09/3/2017 13:13

JUGEARS - in my experience whe best employees are those that are trained by their employer, ok you might get the odd bad one but I always found that the best route to establishing a good team.

Problem is no one wants to train staff these days it's cheaper to buy then in from anywhere and the results and the results are very varied, as I'm finding now I'm retired up North whilst my former employees are still down South!

[oggyrocks] 09/3/2017 12:07

I'm staying fully invested at the moment. Hoping to ride this wave further.

Barclays: Trump Presidency May Unleash Reagan-Era Stock Boom

Donald Trump’s presidency may unleash the same kind of investor enthusiasm that drove stocks to record levels during the boom times of President Ronald Reagan, according to strategists at Barclays Capital.

hxxp://www.newsmax.com/Finance/RobWilliams/Barclays-Donald-Trump-Ronald-Reagan-stocks/2017/02/16/id/774027/

[jugears] 09/3/2017 11:14

gbh2, I wish I could find good quality operatives that work to a high standard,Baracuda2 in my line of business we are always looking 12/18 months in front & at the moment things are looking very positive IMHO leaving the EU will have little if any impact, Low interest rates are the key factor not Brexit

[baracuda2] 09/3/2017 10:35

We haven't left the EU yet so that's why nothing has happened. Until they trigger article 50 no one knows what's going to happen, in my opinion of course!

[gbh2] 09/3/2017 10:33

Sounds good to me, that was the time I'd start increasing the number of employees :)