Taylor Wimpey Share Discussion Threads

[gbh2] 08/12/2017 10:36

Others 3 to 9% increase so IF we're racing we're not exactly ahead :)

[doyden] 08/12/2017 10:24

TW racing ahead today. Maybe the 220 I expected by Christmas might be possible after all.

[gbh2] 04/12/2017 13:48

Soon gets sold back down, more life in our local graveyard than there is in this share price !

[uknighted] 29/11/2017 13:14

It is to be paid in instalments over a number of years!

[gbh2] 29/11/2017 13:12

Rumour is the Cash deal has been settled with the EU

Edit: seems we have 50Billion to give away to keep the EU Money Train on track!

[baracuda2] 29/11/2017 08:42

What's going on today??

[gbh2] 29/11/2017 08:34

Builders going in the opposite direction to the Ftse for a change!

[deanforester] 23/11/2017 18:33

Don't the housebuilders take out an option on each site until (or if) it gets planning approval? Once they have that they tend to move forward, certainly on all the sites around here.

DF

[capra1] 23/11/2017 11:40

Interesting to see Inland went up Yesterday!

[sidarthur2] 23/11/2017 10:50

I think part of the problem is investors/speculators who buy land with no intention of building but only to get planning permission which increases the value and then selling on, or worse, not selling on but waiting for more value increase.

[gbh2] 23/11/2017 09:00

They managed to circumnavigate the need to build "Affordable Housing" on most sites due to the profitability clause, so I'm pretty sure there will be some way to get around the land issue, even if it really does exist!

[stewart64] 23/11/2017 09:00

Re. land banking you have to have a reserve of land for the next project, otherwise you will have no continuity of business. Land banking legislation is a one off gain and therefore would have a tiny impact on aggregate build over say a decade. It could actually force larger companies to downscale as they no longer have a rainy day reserve. Indeed you could get the unintended consequence of less units being built if the industry has to contend with uncertain supply of land.

[dan_the_epic] 22/11/2017 20:35

He specifically cited landbanking in London if I remember correctly.

More of an issue for the Berkeley's of this world IIRC

[thorpematt] 22/11/2017 19:52

Landbanking is a fair target for review IMO.

Another thing we need to look into is why dinasours have started dying out so quickly, alongside wether it might be a good idea to put sprinkler systems into tower blocks.

(That last point is not even remotely funny of course).

The thing is however that whilst such a review is overdue (it is ccertainly an issue which has stood in the way of housebuilding for some time now); the interesting thing is that the housebuilders aren't REALLY the biggest problem. It's the specialist land-trading / investement companies that benefit more by holding land whilst they await a price improvement realisation (this is obviously most prevelant in a rising market). Pretty much 50% of their business model involves timing the buy and sell of land (as opposed to adding any value to the product).

Naturally the same arguement can be applied to the builders but in truth the main goal of the business model for builders is to siply keep churning the land and preferably the more the better. Creating additional profit from holding it in rising markets is rather secondary.

This article I saved from January is helpful I think:-

[gbh2] 22/11/2017 16:14

You may well be right about some companies m4rtinu.

But when I see constant AT drip feed of sells drive a share price down with an equally constant drip feed of AT buys that just fall short of pushing the share price up, it smacks of someone making a few pence per share on thousands of shares, which is day work for the Fund mangers imo.

[m4rtinu] 22/11/2017 15:02

gbh2 - my feeling is, and it may be what you are saying in a different way; (apologies if not):

There are many inexperienced PIs (like me) who have sought to get income from dividend shares as interest rates on savings have been so poor. They are "prey" to the investment tactics of people who know what they are doing. Several seemingly "safe" income shares have overdone the dividend when their priorities should have been investing in the business or paying down debt. A couple of examples I have fallen foul of are: SBRY, CNA.

TW. on the other hand has been good every time. Not currently holding, but always on my watch list.

[martyn9] 22/11/2017 14:15

Anyone would think the government were talking as if this was going to be some kind of spanish land grab!! with the reaction to the share price

[martyn9] 22/11/2017 14:15

Anyone would think the government were talking as if this was going to be some kind of spanish land grab!! with the reaction to the share price

[gbh2] 22/11/2017 14:05

imo it's what's good for the hedge fund managers that controls the SP, I'm noticing more & more company SPs are being sold down between divi dates, guess there's no cash for in holding during these periods.

[stewart64] 22/11/2017 14:01

Indeed but you can rely on Phil Hammond to put a negative spin ( for the housebuilders) on what should have been great news by throwing in compulsory purchase orders on undeveloped land.

May be on balance this budget should be good for TW.

[beercapafn] 22/11/2017 13:56

Well that was a rollercoaster ride. But my judgement is very positive for the sector. There will be a rush to buy..

[stewart64] 22/11/2017 13:53

Probably more stick than carrot for the big builders especially concerning punitive measures for hoarding land even if it makes commercial sense to have a reserve in the pipeline.

[baracuda2] 22/11/2017 13:47

I'm totally confused with the price movement here!!!

[stewart64] 22/11/2017 13:39

Talk about comedy...share crashes on compulsory purchase of land banks and then recovers on stamp duty exemption.