Taylor Wimpey Share Discussion Threads

[joemillion] 03/3/2018 20:18

Bought back in after the bell. I have a short term target 210-220. Feeling confident. Good luck to all.

[speedsgh] 01/3/2018 16:13

Hold onto Taylor Wimpey for profit growth -

Housebuilder Taylor Wimpey (TW) has delivered in-line full-year results and Peel Hunt is predicting further profit growth this year.

Analyst Gavin Jago retained his ‘hold’ recommendation and target price of 210p after the group posted an 11% increase in profit before tax to £812 million. The shares were down 4% at 186p yesterday.

‘The forward order book is in line with the prior year at £2 billion and the group is currently 47% forward sold for full-year 2018,’ he said.

‘The dividend yield is 8%. No change is forecast at this stage and we leave our recommendation as a “hold”.’

[gbh2] 28/2/2018 13:04

TW an excellent trading stock as long one gets the timing right.

[immokalee] 28/2/2018 13:01

Fangorn2 FWIW I can see a shift in housing, youngsters moved from England to Wales last year. On the housing ladder, better environment and .... better wages, was a no brainier.

[hernando2] 28/2/2018 12:22

You got your avatar name right....

[smartypants] 28/2/2018 12:13

You need to be exact..those tenths make a difference, those half p's even more.

[67steve67] 28/2/2018 11:52

Thanks lostuser.

[hernando2] 28/2/2018 11:37

Smartypants- I bought at 181.5 to be exact...so I could have said 182....but quite remarkable anyway..

[tlobs2] 28/2/2018 11:13

LOL, at this rate we are going to end the day blue !

[lostuser] 28/2/2018 10:56

Sorry, should have been this one

Subject to shareholder approval the 2017 final ordinary dividend of c.2.44 pence per share will be paid on 18 May 2018 to shareholders on the register at the close of business on 6 April 2018 (2016 final dividend: 2.29 pence per share). In combination with the interim dividend of 2.30 pence per share (2016 interim dividend: 0.53 pence per share) this gives a total ordinary dividend for the year of c.4.74 pence (2016 ordinary dividend: 2.82 pence per share).

[lostuser] 28/2/2018 10:54

we intend to pay c.GBP340 million to shareholders in July 2018 by way of a special dividend. Accordingly, subject to shareholder approval, in 2018 shareholders will receive a total dividend of c.GBP500 million (c.15.3 pence per share), comprising an ordinary dividend of c.GBP160 million (c.4.9 pence per share) and a special dividend of c.GBP340 million (10.4 pence per share).

[gbh2] 28/2/2018 10:44

On a positive note, this mornings purchase has significantly improved by average share price :)

[67steve67] 28/2/2018 10:43

is the final dividend going to be2.29 pence again. tia

[1carus] 28/2/2018 10:38

Pity I didn't have a chunk of spare cash this morning!

[smartypants] 28/2/2018 10:36

hernando2
"I just bought some at 181...quite remarkable"
That was quite remarkable as the low price of the day (so far) was 181.2p?

[smartypants] 28/2/2018 10:32

Take your pick.....

Taylor Wimpey said it made a good start to 2018 as the housebuilder reported a rise of more than 10% in underlying annual profit.

Pre-tax profit before exceptional items for the year to the end of December rose 10.7% to £812m, driven by improved performance in the UK and at the company’s Spanish business. Total pre-tax profit fell 5.8% to £555.3m due to an exceptional charge resulting from a leasehold review.
Revenue in 2017 rose 7.9% as demand for houses remained strong and UK average selling prices rose 3.5%, the company said. About 43% of total sales used the government’s Help to Buy scheme, which lends money to buyers.

[stewart64] 28/2/2018 10:13

A lot of assumptions that these are the good times for the housing Market and therefore we are about to call time on a profitable period led by London centric thinking. The Market was demanding something spectacular. Actually in terms of volumes the Market has never been tougher, provincially the house price index is more or less where it was in 2007. No reason to think conditions will get that much tougher, the Capital aside.

[solooiler] 28/2/2018 09:55

todays numbers in line with what everyone was expecting, maybe a couple per cent low on eps but hardly meaningful. Forward sales a bit lower which might spook some, but really small margins here so hard to see this drop justified

[trbcjb] 28/2/2018 09:52

Bought some more at 181.7..hopefully a good move.

[a0148009] 28/2/2018 09:48

Yes but this was flagged.

" Adjusted operating profit* in 2017 was GBP841.2 million and is up 10.1%, driven by improved performance in both the UK and the Spanish businesses.

Profit for the year at GBP555.3 million is down 5.8% with the improved underlying performance offset by the net exceptional charge of GBP105.0 million in relation to the leasehold provision recognised in the period."

[smartypants] 28/2/2018 09:35

"Taylor Wimpey was in the red as it posted a drop in full-year pre-tax profit, while engineer Weir slipped even as it reported a 47% rise in full-year pre-tax profits."

[gbh2] 28/2/2018 09:30

I missed 181 but got some at a fraction over 182

[tlobs2] 28/2/2018 09:22

I've just joined you with a top up hernando :-)

[hernando2] 28/2/2018 09:17

I just bought some at 181...quite remarkable IMO

[gbh2] 28/2/2018 09:15

And yet the selling continues.