Taylor Wimpey Share Discussion Threads

[essentialinvestor] 24/8/2018 12:15

Margins are exceptionally important for the bottom line,
and the sector faces significant cost pressures with shortages
of skilled labour. Lots of reports of many skilled EU construction workers
leaving the UK for Germany, with the fall in GBP - not a pro/anti Brexit point!,
before anyone shouts.

[stewart64] 24/8/2018 09:21

Until we get some definitive direction on Brexit house builders may continue to struggle.

A lot of mention on the housing cycle on here too. Well if it does breakdown from here it will be the first time in economic history outside world wars we have had a house price crash that hasn't followed the Harrisonian approx. eighteen year cycle...eg. peak 72, nadir 74; peak 89, nadir 91; peak 07, nadir 09. Historically the best is yet to come (2020 to 2025) inspite of collective madness in London and Oxbridge cutting loose early.

Is Brexit world war three, or has mass immigration upset the Harrisonian house price cycle for the first time ever. This time is different...heard that one before. I'm a pessimist so maybe those on here that claim we are end cycle at midpoint may be right...dunno

[clarky5150] 24/8/2018 08:35

Just mirroring all the builders.

[baracuda2] 24/8/2018 08:33

Well it's red again now, this is so oversold!

[gbh2] 22/8/2018 09:20

Think I need a new screen the share price looks blue today ;)

[m4rtinu] 21/8/2018 10:34

On PSN, their operating margin was close to 30% for the period. Even if this falls a bit, as the commentators suggest *, that is still pretty healthy.

Amazing what they read into language used.

"Broker Shore Capital said that, as seen with other house builders, the comments and current trading and outlook "have a positive bent but the language is more constrained: firm, robust, supportive or resilient now replace the stronger adjectives we have seen hitherto".

*

[gbh2] 21/8/2018 09:08

I'm at 177p ave but way over exposed to this company even taking into account my current profit.

[wfl1970] 21/8/2018 08:49

Perhaps it'll become known as 'Bearexit'...

[stewart64] 21/8/2018 08:22

A bit of a relief that PSN were ok since I added at 170.475 towards the end of yesterday's trading. Got my average down to 1.79 and fairly neutral once dividends factored. Was expecting to get punished from the off from those results, even though new house builders appear to be selling houses for fun up north just now.

Looks like the general market is on its way down anyway most especially domestic stocks.

[gbh2] 21/8/2018 07:39

PSN looks very positive but I think we'll see 165p before a rise to around 180p as we close on the next ex divi date.

[gbh2] 20/8/2018 09:04

The vast majority of AT trades are algorithm generated these days, making 1p over the course of one day on a million plus trades is bread & butter money.

[jugears] 19/8/2018 17:04

Obviously the Mail Is hard up for stories,None of these share sale were recent, & most were companies that have a heavy dependence on London & the South east.

[disneydonald] 18/8/2018 20:17

Yeah, Jugs, as more than half of the trades on the FTSE are driven via algo’s, and it is the tool of choice for manipulation, I think we are probably on the same page. I also believe that we are likely to recover soon as long as no bad / weak news from the sector. Let’s see what gets said on Tuesday. I’m suitably loaded up and looking forward to good gains, even if you no what delays matters.

[jugears] 18/8/2018 18:43

disneyDonald, I have never been a fan of algorithms so will stick with my theory as it follows a similar pattern to an article I read a while ago (something a long the lines of Why do market manipulators move shares down). All the house builders started rising at exactly the same time on Friday & all finished at at similar levels .I would say that there is either some better news coming that we don't know of or the house builders are being manipulated & IMHO these are going back towards the £1.90-£2 very soon.

[disneydonald] 17/8/2018 22:37

I suspect that what we saw today was the result of algorithms not quite in sync, and as a result unexpected price movements. Either way, PSN Results on Tuesday will be pivotal. No doubt first half good (looking backwards), but I expect the CEO and CFO will face a tough interrogation re current trading, incentives given and whether there is any rowing back on current guidance. Hope they are careful with their choice of words.

[jugears] 17/8/2018 20:47

Decided to buy today as I think the market manipulators have been out in force today panicking the nervous investors to sell, Hence the dramatic turn round by close.From past experience I think we will see Tw's share price rising very quickly in the next few weeks albeit with a few tree shakes on the way.

[tlobs2] 17/8/2018 17:21

Well done Clarky :-)

[stewart64] 17/8/2018 16:32

Yep pays to have the money ready. Moved 3% since I opened my big mouth.

[clarky5150] 17/8/2018 16:18

Had a little punt at lunchtime. A blue finish would be nice ;)

[stewart64] 17/8/2018 15:28

Well it briefly hit an 11% yield off a p/e of 8 at 165.95 before the recent bounce. It all makes sense but not as we know it Jim. The Market would sooner buy a 2.5% yielder at p/e 32 that may hit TW levels in 10 years...of course by which time TW may have had its downcyle and be at a yield of 20% by reference to today's price. A bird in the bush is always worth four in the hand as the saying goes.

[gbh2] 17/8/2018 12:19

I'm used to seeing low volumes move the share price in summer trading but TW volumes are not that small recently.

[stewart64] 17/8/2018 11:56

Yep when I get home will be transferring some money from the buildi g society to bank to pick up more TW. Will put my portfolio yield close to 7%, a price to book of one ( TW is the highest on that basis)and p/e under ten. Brexit uncertainty killing domestic equity just now. And cash deposits just one percent. Still got most of my money in cash and the wife all bar her pension.

[jugears] 17/8/2018 11:31

well as Warren Buffet says buy when others are selling & thats exactly what I'm doing,The markets are always like this during the summer holiday months, There are now some real bargains shares out there, Investors need to make money & at these prices I don't think it will be long before the share price is going the other way.

[gbh2] 17/8/2018 11:31

3,276.67 million shares in issue and hell of a lot were very cheap, TW should have consolidated at least two years ago imo.