Taylor Wimpey Share Discussion Threads

[baracuda2] 17/10/2018 09:16

ftri, do you have shares with any builders?

[ftir11] 17/10/2018 09:05

clarky5150

Lol, of course it is!


disney,

And that's exactly why builders are going down.

Profits will be less in the future.

[disneydonald] 17/10/2018 09:05

BDEV Update was OK. However CRST profit warning spooked builders.

[clarky5150] 17/10/2018 08:50

'TradeJunkie2
16 Oct '18 - 18:14 - 20831 of 20833
Start of the housing market crash?'

......nope

[jugears] 16/10/2018 20:08

GFRD are a good company, another of my customers, I started working for them in the early eighties when Galliford were called Wincott Galliford ,We had decided to close our building company & concentrate on our then small joinery company about the same time a machinery rep came in & said he lived next door to the Chief Buyer & that they had closed there own Joinery company down & were looking for a new company to supply to them & the rest is history & we have never looked back, unfortunately the construction industry is suffering from low margins & bad payers so the majority of my work now comes from house builders & just a handful of larger construction companies, where as 30 years ago it was the other way round, but that could change in the future, for now though I am happy to supply the house builders who tend to pay for quality & good service rather than construction that goes for the cheapest possible price they can get.

[marksp2011] 16/10/2018 18:46

Jugs

It is undervalued but so is a lot of stuff at the moment. Aviva for example.
i bought 3k TW again the same value of PSn and 4k of BWY
That will be total exposure to builders apart from a larger holding in GFRD

We will see

[tradejunkie2] 16/10/2018 18:14

Start of the housing market crash?

[gbh2] 16/10/2018 16:44

I'll rebuild my holding early next year, unless something else crops up.

[marksp2011] 16/10/2018 15:30

It's a one man ramping campaign :)

If I had a spare 10k today I don't think TW would be my first choice

[jugears] 16/10/2018 12:23

This year is a bit different I must admit But most sectors are down 20% so this does not concern me at all & Tw generally fall between the special dividends just a bit more this year as I expected with Brexit, Look at the charts screaming out over sold & buy to me & that's exactly what I am doing & have always done in situations like this its called investing. WFL1970 I assume you don't hold Tw shares, Perhaps its lack of confidence or balls but if you don't take a few risks in life you will never get anywhere, Making money on the stock market is a dam sight easier than running your own company, House Builders may be out of favour at the moment but sentiment will turn, housing down turn or not Tw will continue building & selling houses just like they have always done.

[wfl1970] 16/10/2018 12:02

'Nothing really happens With Tw between the special dividends so I suppose there's not much point fund managers holding long term'

SP down 20+%... nothing really happens you say...!

[jugears] 16/10/2018 11:18

Nothing really happens With Tw between the special dividends so I suppose there's not much point fund managers holding long term, Tw would be better to forget the special dividend & pay a decent quarterly dividend & thus retaining its share holders long term IMHO

[gbh2] 16/10/2018 10:47

I'm still of the opinion that there's more and more move away from long term holding amongst the Fund managers!

[jugears] 16/10/2018 09:24

M4rtinu- Stick to what you know , that's what Taylor Wimpey do.

[m4rtinu] 16/10/2018 09:10

GBH2 - agreed. On the subject of a materials shortage: I wonder if any builders have ever thought of some vertical integration and of buying/ taking stakes in building materials manufacturers? May be Mr J. will have a view on this.

[gbh2] 16/10/2018 08:21

Bellway results look good; we need TW to come out with some similar figures in November.

[marksp2011] 15/10/2018 22:13

jug

Have you read the reports?
I guess not. All the majors are indicating peak earnings. Stick with your £5

maybe we will get a few years of 50% inflation and you will be proved right

[wfl1970] 15/10/2018 15:50

BDEV trading update due on Wednesday...

[jugears] 15/10/2018 09:18

marksp2011, This may be the case short term but ask any uk company & they will probably say the the same at the moment. Know one can accurately predict the future, But I am confident leaving the EU is the best thing to help the uk's future growth.Your statement all builders have signalled "this is it " optimum production etc is very Interseting perhaps you could enlighten me as to where your fabricated information comes from because I can assure you not all builders are saying this !

[marksp2011] 15/10/2018 08:55

Jug

All the Builders have signalled that "this is it" Optimum production and we will try and lift margins as we can.

earnings wont get much better and growth has plateaued

Suggests a quasi utility so 6-8% yield ==> 190/200

i think you are ignoring the announcements from the company

[jugears] 14/10/2018 14:52

It was but see this having a lot more up side than a lot of other shares & even if the divi is cut I still think we will be getting more than cash in the bank, I change my targets regularly, The truth is I don't think that I would ever sell Tw shares. £2.64 is my more realistic target, £5 achievable But who knows when? I just see these continuing to rise steadily over the next decade It may be a bumpy ride but they will rise & I am happy to collect the shares instead of cash dividends along the way & these are better when issued whilst the share price is low as I accumulate more long term.

[wfl1970] 14/10/2018 10:22

Jug, wasn't your target price £2.64?

[jugears] 13/10/2018 23:39

Ftir, I'm just a bit younger & have seen as many housing pullback as you & nearly every stock in the ftse has lost as much as TW & they will all rocover just like they always DO that's they buety of long term investing, My policy is to buy shares & keep till I retire it doesn't worry me what happens in between. I Don't need the money so don't have to sell & these will be £5 in the next ten years & I will be very happy with that, I do however agree people are mortgageed to a hilt & agree interest rates will rise but this will be a very slow & gradual process, I think we are looking at several years though before we will see them peak at 3.5% & if things Don't go well with Brexit I don't see much chance of them rising in my lifetime, I am also very doubtfully that reducing them so much after the financial crisis actually had much effect to the economy & certainly should not have been reduced lower than 2% as this has now led to a false economy that we will probably be stuck in for the rest of my life at least, for now my company has the longest forward order that we have had in our 57 years of trading & that tells me the economy is better than some people are saying in fact I would say better than it was 3 months ago.whatever happens I do not see the house builders turning In a loss, sales may slide in the future, but long term Tw. Will still be here & will adjust there size accordingly as would any well managed company mine included.