Taylor Wimpey Share Discussion Threads

[essentialinvestor] 15/11/2018 11:40

Jack, if we have no deal, there is very significant downside for the sector.
Around 20% would be my guess, that may be too optimistic.

[martyn9] 15/11/2018 11:17

The inmates are running the asylum in this basket case country i'm afraid.

[steeplejack] 15/11/2018 10:45

If Teresa May resigns then I reckon parliament will have to vote an extension to article 50.The EU would probably be in favour because they'll get U.K. contribution money in the interim.I feel sorry for Teresa May.She's worked incredibly hard and put up with a lot of unconstructive sniping.I'm not sure that such a monumental event as Brexit should have been left to the Tory party alone.Perhaps they could have had a coalition,a Second World War style management team to negotiate Brexit.May's screw up was that Election decision.A manifesto that could of been entitled "things can only get worse" and if you don't vote for me,you'll get Corbyn.I don't think we'll have a no deal because parliament can't allow it.They'll kick the can down the road.

[essentialinvestor] 15/11/2018 10:27

Jack, if there is a disorderly Brexit (which I doubt) this morning is just a
taster of what would be to come for domestic cyclicals. Think nearer 1.30 for TW imv.

[marksp2011] 15/11/2018 10:07

Interesting

I am not as red as I thought as I have a lot of Non UK that is also rising at speed
my four top are GSK ULVR RELX but I also have some TW, BWY, PSN, KIE, GFRD and LLOY

A portfolio of 2 halves :(

[steeplejack] 15/11/2018 09:58

Costs.....the market worries about increased costs on the back of weak sterling and all the other logistical problems that come with a disorderly Brexit.It'll make life that much more difficult for TW.Taylor W. is the only heavily domestically orientated holding I have.My other holdings are all overseas orientated.This Brexit business has created such uncertainty whilst inhibiting proper U.K. Government financial management.

[jugears] 15/11/2018 09:55

TradeJunkie2 I see my earlier purchase as a very good buy & that there is absolutely no reason for todays fall Brexit or no Brexit.I nearly fell off my chair laughing at the typical predictable over reaction this morning, These are the days I like.

[stewart64] 15/11/2018 09:53

Uncharacteristically for me I gambled by adding another 50% stake at 152p. lowered my average to 169p...probably about 160p with dividends.

[tradejunkie2] 15/11/2018 09:52

I see below 150p as reasonable given the Brexit deal.

[clarky5150] 15/11/2018 09:51

Will this tick up last?

[clarky5150] 15/11/2018 09:51

Yes the analogy is good but last time I looked Europe were not demanding a percentage of housing company profits or to build one in three uk homes as part of the deal.

[clarky5150] 15/11/2018 09:49

Fhealey. You’re in good company here. Most of us Longs have done our diligence on the company but outside forces prevail. This is not Tw’sfault, nor is it yours or mine. How in the world the leaving of a minister from post or indeed the leaving of Europe can have such a detrimental effect on a domestic House building sector is baffling. We still need houses, the company is based and carries out business largely in the UK. 7% in a day! It would be funny if it didn’t hurt so much.

[steeplejack] 15/11/2018 09:45

Good analogy.

[marksp2011] 15/11/2018 09:44

Everything UK is heading south at a rate of knots. All the builders UK Banks, ITV etc etc

i was 3k up at 08:30
I am very very RED now

[gbh2] 15/11/2018 09:41

Picked up a few more, share price too low to ignore imo.

[marksp2011] 15/11/2018 09:41

I am leaving Amazon prime

but I demand free next day delivery and video streaming and I refuse to pay for it.

Your refusal to give in to my demands is simply evidence that you are being difficult

[fhealey] 15/11/2018 09:39

clarky 5150 - My comments purely relate to the share price of TW since I bought them. There has been nothing but a downward trend, hence in my own portfolio they are a dog. My comments are not intended to refer to anything else. In essence I am calling myself a bad investor so you could say that it is me who is the dog for buying them when I did.

[steeplejack] 15/11/2018 09:36

It was always going to be a dogs dinner.The FT was unequivocal before the last referendum in pointing out the very real difficulties of extricating ourselves from the EU.The best,they observed,was likely to be a Norway style EFTA arrangement.May̵7;s proposals are the reality compared to the unrealistic sound bites of Boris squawking “we can have our cake and eat it”.Farage suggesting that since the UK is a large export market for BMW (actually only fourth) Germany would passively cede to all our demands.Total rot.
An MP yesterday suggested that rather than vote Leave as he did in 2016,in a second referendum,now he might vote remain .However,as a remainer last time,I would be tempted to vote Leave.The EU are holding the UKs feet to the fire.Its intolerable.

[clarky5150] 15/11/2018 09:35

Down 7% now.

[wfl1970] 15/11/2018 09:35

gbh - five percent was looking good yesterday wasn't it...?

[jugears] 15/11/2018 09:31

bought some more today.

[marksp2011] 15/11/2018 09:21

Looks like Raab resigning has done the trick

may will be gone by Monday

We will go over the cliff in a driverless bus being cheered on by those sitting at home in their country estates looking forward to the re-instatement of fox hunting or, in the case of a close friend and frequent contributor to the Telegraph - from his home in Tuscany.

[gbh2] 15/11/2018 09:02

mark - The deal is so "good" the £ is plummeting little wonder House Builder shares are getting the backsides kicked today, our buying power is diminishing by the minute!

[marksp2011] 15/11/2018 08:59

gbh
I read about 200 pages last night
Not hard there aren't many words on the page and there are lots of definitions

Yup it is a mess but I don't really see why anyone expected anything different

UK chose not to control its own borders - political decision
UK signed the Good Friday agreement
UK signed the Treaties as a sovereign nation to fund various inter country schemes the EU didn't force UK to do it so, no real way out there

Whether you want a full separation philosophically or not, it isn't practical given the interdependence between UK and EU members forged over time with massed global supply chains and the millions of people not in their home country.

It might have been a lovely dream but our goose was cooked 20 years ago trying to climb out of the oven now was unlikely to be satisfactory for the goose or the diner.

Shame in a way as with Merkel going, the generation of European Federalists are on the way out and the EU is moving towards a more trade orientated basis.

A battle between Euro Federalists (yesterdays people) and those who think Churchill is still alive and free trade with NZ will save us. two bald men fighting over a comb