Taylor Wimpey Share Discussion Threads

[jugears] 09/11/2017 09:00

Don't see why, I still have a full order book well in to next year & I am now only supplying to the housing market, Not to sure how to read the surveyors report as I believe this only refers to the second hand house market & not new houses, & bearing in mind most older properties are put on the market with inflated prices to start with it is not surprising that people are having to reduce there prices to sell, Looking back at past surveyors reports I take there comments with a pinch of salt.

[baracuda2] 09/11/2017 08:51

Can't believe how they have killed the share price this week. Results from both builders this week have been good ima

[gbh2] 09/11/2017 08:10

Looks like I bought too soon, we could be back to the 180p support by Christmas :((

[gbh2] 08/11/2017 13:30

Picked up a few more, share price too good to miss imo.

[beercapafn] 08/11/2017 13:26

Clarky, I Aggre with you, if you are saying it is not right that such a sharp drop happens ACROSS the sector because of one clumsy press release.

[clarky5150] 08/11/2017 13:17

Yep. Results not bad, order book well stocked. Wrong use of phrasing takes 2% off sector.

[gbh2] 08/11/2017 13:12

I'm not convinced that TW is in the same market as psn so I'll hang on and see what TW's update says.

[speedsgh] 08/11/2017 13:03

Persimmon hints at flat sales in trading update amid tough market conditions -

Persimmon shares slipped after the housebuilder issued a thinly detailed trading update suggesting flat sales for the quarter.

The company swapped out its standard measure of private sales per site per week for one that counted total sales per site for the entire period from July 1 to November 7, saying they were “in line with the prior year”.

It noted that the comparable figures from a year earlier were particularly high – up 14% from 2015 – due to “particularly strong sales post the 2016 EU referendum”.

Persimmon said that, while total sales outlet numbers were 10% lower over the autumn period to date, customer activity had “strengthened in line with traditional seasonality” and consumer confidence was “resilient”...

...Robin Hardy, an analyst for Shore Capital Markets, said the third-quarter trading update was “light on detail and has a much more rhetorical tone”.

He added: “There is no mention of sale rates, pricing or margins, with the only figure mentioned being the forward sold position excluding the current year, which is not a figure for which we have a meaningful comparison.”

Without further information, he said there was a possibility that Persimmon’s performance is actually down from a year earlier.

“The sales rate makes reference to being ahead of 2015 rather than 2016 so we cannot see if that is ahead – in the interim statement in August this important measure was just 2% ahead of the prior year, so could it actually have slipped behind 2016.”...

...Mr Hardy warned that tough market conditions were unlikely to ease up for the industry.

“We continue to see stiffening headwinds for the housebuilders from a softening market climate, with a much weaker pricing outlook, rising costs and a loss of confidence in pricing by both buyers and estate agents," he said.

“We still believe that there serious threat of a mean reversion in margins as lower house price inflation means that margins will no longer be able to exceed the initially expected returns when land was acquired.”

[baracuda2] 08/11/2017 12:41

Might get some more at this price!!

[jugears] 08/11/2017 12:39

Could be something to do with EcoWorld International Buying in to willmott Dixons residential arm & plans to build more affordable homes, Not sure why this would effect TW

[baracuda2] 08/11/2017 11:55

I thought persimmon results are good, why the drop here today. Seems really overdone to me!!

[gbh2] 08/11/2017 10:18

I've not read the PERSIMMON Update yet so wondering if that's the catalyst?

[clarky5150] 08/11/2017 10:09

All builders taking a hit this a.m

[gbh2] 07/11/2017 11:32

That's the date, maybe a bit of upside Thursday Friday in anticipation ;)

[mortimer7] 07/11/2017 11:19

I believe Trading Update is scheduled for Monday 13th Nov.

[gbh2] 07/11/2017 10:00

Hoping for the share price to build towards next week's update.

[gbh2] 06/11/2017 12:54

The more the merrier, especially as I'm holding their shares from 560p :))

[doyden] 06/11/2017 12:38

I'm moving to IG too. From Barclays. Nice to know I'm in good company! :)

[gbh2] 03/11/2017 12:03

I'm in the process of moving to IG who's trades are cheaper and their Share ISA has no management fees.

[uknighted] 03/11/2017 11:30

Change brokers - mine TD Invest - now ii - no such problems with them.

[gbh2] 03/11/2017 11:27

Dividends tend not to show on the Halifax platform until the afternoon, that said even transferring cash from a Halifax share dealing account to a Halifax bank account can take three days!

[beercapafn] 03/11/2017 10:12

Well that's the rate rise over with for a while, Buget in Nov with all the noise positive in favour helping the housing sector. Stock pays a healthy 7%+ Div.
What's not to like.
£ 2.20+ by 1st Jan IMHO....

[uknighted] 03/11/2017 09:54

Dividend in my account.

[jugears] 30/10/2017 10:00

Yes was tempted myself

[gbh2] 30/10/2017 09:58

Picked up a few more this morning :)