Taylor Wimpey Share Discussion Threads

[gambos49] 31/5/2018 21:31

With todays special if you have reinvested dividend at what price will new shares be calculated at. Will they be calculated at todays price of around £1.90 or when actually paid on July 13th .Thanks

[battue2] 31/5/2018 21:18

kulvinder.It clearly states on TW website to have recieved the final divi you have to be on the register at close of play 6th april.Not that it concerns me any.

[dr_smith] 31/5/2018 21:17

Thank-you Battue2, so real trade, not the data blip I expected. Charts must be dampened by an averaging process every x minutes as they don't reflect it.

[kulvinder] 31/5/2018 20:46

Why so many people so called investors do not understand that you have to be holding until the market opening bell at 8am on the day a stock goes x-divi....to be eligiable to recieve the divi on the payment day specified by the company(i.e must not have sold prior market closing time at 4.30pm the day prior x-divi date)? For CFD's you get credited on the x-divi date if you are long or if you are short then you have to pay the amount of the divi specified out of your own funds.

[gbh2] 31/5/2018 20:31

That's why it's called the Ex Dividend date!

[1pvh] 31/5/2018 20:24

XD date today. If you held the shares before the market opened today you get the divi.Buy them today or after that and you don't

[battue2] 31/5/2018 19:54

No sir, you have to hold until the record date which is normally 2 full business days after ex div . Which makes it 4.30 close of market Friday. Unless of course the special is different in which case I stand corrected.GL

[ps0u3165] 31/5/2018 19:35

I thought if you held at 0800 today you get the divi, therefore you can sell anytime after that.

[battue2] 31/5/2018 18:33

DR_SMITH
Trade no 26 at 8.05 sell 111175 shares at 186.56
several sells prevoius to that at 187.
I still find it strange that anyone would sell shares today before they qualify for the divi. 5.5 million sells today not including the uncrossing trade.GL

[dr_smith] 31/5/2018 17:35

Thank-you battue2,
I see a data figure of 186.55 on advfn as low, but nothing to support it, the day chart below does not reflect this, so unless there is evidence of deals or volume done at this level, my thinking it is a data blip. I don't have level 2 access which may provide answer. No great shakes, just curious if there was a more reliable/accurate data source than I have.

[battue2] 31/5/2018 17:20

DR_SMITH
According to ADVFN it spiked down to 186.55.

[raffles the gentleman thug] 31/5/2018 17:05

The only observation I’d make is that this time last year when the company went ex dividend the shares were offering a yield of 8.2% (15.3p dividend and a £1.85 share price) and now a year later they are offering a yield of 9.6% (18.3p off a £1.90 share price).

So it might pay to stop and give consideration to that incremental 140bp of yield here which is considerable and should provide good support in the coming days.

Obviously the shares performed poorly last year against a back drop of difficult summer markets but that doesn’t mean the same will happen this time around.

[m4rtinu] 31/5/2018 16:51

So a fall in SP, almost equivalent to spec divi.

But now I am wondering if the fall is done with? Will 190 ish remain a support level, like it has been a couple of times over the last two months? (NB: this doen't reflect any technical analysis, just a general impression from chart above!)

Will be interesting to see where this goes next. I'm hoping back up, but I'm quite uncertain.

[1carus] 31/5/2018 16:19

gbh2... wise words. I consider my judgements lucky more than anything else. I was lucky to put a substantial amount of money in one share and I got 4x back over time-- it was a long time and a lot of money tied up. Then a lot of that went into TW which I am close to 3x. So 12x made over a long period. With hindsight and age I would never make the same investment again particularly that I was pretty much all in with everything at the start --- much more diversified now and more interested in protecting the value of what I have rather than making great gains with risk.

[gbh2] 31/5/2018 14:30

Much depends on on age & circumstances, I retired at 20 years ago due to my first share punt and these days I try to beat (percentage wise) what my Financial Manger makes on our house finances each year.

I think everyone will do what's best for them and their families, which is why I make general comments rather than attempt to advise or sway people.

[calabrian] 31/5/2018 13:30

Well done. Patience is key.

[1carus] 31/5/2018 13:18

JUG --- both income stocks for me - I don't 'Trade' so to speak. Not Smart enough to second guess the markets and play around with selling and buying before/after ex divi dates. Plus I have loads of both, both in and out of ISA which would have some CGT implications --- well loads this year as I have maxed that already this year. Bought TW at Sub £1 and re-invested the divi each year. I would happily sit at 10%+ on everything for doing nothing on everything that I own. I bed&ISA my TW each year to the max and have a couple more years to do that, if they can keep the divi coming for the next 2 - 3 years I stand to make a life-changing tax free profit on them.

[jugears] 31/5/2018 12:30

1carus, Thats why you should only invest for the long term & never invest money that you may need short term IMHO these will be back over £2 in the near future.

[1carus] 31/5/2018 10:36

I hold these and NG. -- having the same ex date really hits your pocket on the day!

[gbh2] 31/5/2018 10:26

I couldn't get the lowest price showing at open, first genuine offer was +191p so I walked away.

[dr_smith] 31/5/2018 09:58

Mark1000,gbh2,
From google finance function I see day low as 186.55 but the web page chart show just over 190.4 as lowest point, so not sure if google finance is a meaningless data blip.

LSE, FT and DL show it may have been sub 190 but not down to 186.55.
Do you have access to somehting more concrete?
It is not of prime of importance to me for this morning but handy for future reference. :-)

[m4rtinu] 31/5/2018 09:38

Some relevant stats out today. Full press release (link below), mentions more about changes in total housing stock over time and current proportion owned by private landlords (20%).

"Mortgage lender Nationwide's latest house price data revealed a slowdown in the rate of home price gains from a 2.6% clip for the year to April to 2.4% in May."



I think there are mortgage lending figures out today as well. MU.

PS: on the SP, I am "battued" but not bruised :)

[gbh2] 31/5/2018 09:22

mark, it's not difficult to imagine the type of "dealings" that go on in the opening 5 minutes i.e. when the PI is cut off from trading until the "crooks" are satisfied!

[gbh2] 31/5/2018 09:09

tlobs, I'd hate to see what the share price might drop to without the support of the "Good Dividends" :))