Taylor Wimpey Share Discussion Threads

[jugears] 29/11/2018 14:20

up10 so you keep telling us whilst the share price is going down

[spoon4] 29/11/2018 14:05

99% of the posters here have seen house prices rise, non stop for just short of 50 years.

So the brain says “MORE OF THE SAME “

My brain says its a con, for all but, those at the top of the pile.

It is about to fall apart big time as the fuel to feed the fire, (Debt) will dry up as those who owe money fail to pay it back.

Student Debt
Car loans
Govt debt
Mortgage debt
Company debt

[up10] 29/11/2018 13:52

You lot just don't get.

This is only going lower and lower.

The UK housing markets bull phase is done.

[fangorn2] 29/11/2018 13:35

@Stewart

stewart6429 Nov '18 - 12:44 - 21660 of 21664
0 0 0
My take on the reality post the failed vote in Parliament will be it taking control and insure no hard Brexit.

This is legally incorrect.

If May's Deal is rejected, and 29th March arrives with no deal we leave with "no Deal" otherwise known as WTO deal.

Parliament cannot stop UK leaving on march 29th.



Written guidance to an MP from those in the House of Commons library confirms that politicians cannot now “legally and in isolation prevent a No Deal Brexit”. The guidance has been seen and reported by the anti-Brexit Independent.
The library are quoted as explaining: “The European Union (Withdrawal) Act 2018 provides three possible staging posts at which point Parliament will be able to ‘have a say’ in a No Deal scenario, but none of them provide Parliament with a legal veto over Brexit.
“They would give Parliament an opportunity to ‘have a vote’ on the government’s proposed course of action in the absence of a deal, but not, as such, a vote on whether to accept or reject No Deal.”


MPs do not have 'legal veto' to stop no-deal Brexit, Commons officials say

[tyranosaurus] 29/11/2018 13:21

My take is that Theresa May may have got a better deal if the UK had shown a united front.
Instead we had demonstrations for another referendum, Tory backstabbing and resignations, and Labour nowhere to be seen.
It`s easier to negotiate from a position of power.

[wipo1] 29/11/2018 12:57

I'm sure any loss in the currency exchange rate will be made up by generous tax credits payments?

[7ran5ac710n] 29/11/2018 12:53

Just waiting for the CDOs, and their Cubes, to unravel

[7ran5ac710n] 29/11/2018 12:52

Mortgage fraud up too...

[stewart64] 29/11/2018 12:44

My take on the reality post the failed vote in Parliament will be it taking control and insure no hard Brexit. Market seems to have a hard Brexit factored say 30%... suckered by the PM not being able to give assurances. Cause she wont, it's her only blackmailing tool. TW may fall further as infantilized MPs keep us on tenterhooks..should rise after failed vote.

[steeplejack] 29/11/2018 12:21

Watch sterling and you'll have a handle on which direction the likes of TW will trend.Weak sterling equals weak builders as a rule of thumb and visa versa for overseas earners.Sterling is the barometer on Brexit progress.

[martyn9] 29/11/2018 12:10

MP's no doubt fully aware of the mayhem to the markets a protracted vote would cause, but gives them a golden buying opportunity using their fiddled expenses.

[stewart64] 29/11/2018 11:57

Would have been better if the vote had been sooner, especially as the UK economy burns whilst MPs have their day in the limelight. Guess it's all about them.

[essentialinvestor] 29/11/2018 11:29

My own take fwiw is if we leave without a deal then 1.30 will be seen,
however more likely under 1.20 - very much a case of just IMV Only.

If you're brave and think everything will be just rosy, you might consider
buying around here.

[hernando2] 29/11/2018 10:36

On the subject of hollowing out of towns by young people leaving, it happens all over of course , in the UK, France Italy and so on. but they tend to stay in the country rather than emigrate, Germany had it big time when they reunified, with an exodus from east to west.

The issue for Poland , Portugal and so on is, that when the young leave they are contributing to the UK economy and helping it grow and they only re-patriat a small amount of their total earnings.

Arguably the EU should be balance this out and indeed they try to do so, but you end up with Motorways to nowhere in Spain as they use infrastructure projects to try and generate jobs and tourism.

So if you look at this issue, the UK should be a net contributor. BTW I am a leave voter on the issue that the European Parliament is not a democratic institution and MEP's have no power to make a difference.

This is a major time bomb....and perhaps thats also why Merkel welcomes all the immigrants from Syria as they need young people as well as the rest of the UU countries.

Anyway I am long TW and will continue to add end of the EU stuff from me.

[stewart64] 29/11/2018 10:16

On house price Peaks they have usually occurred under Labour because of the need to get into physical assets before money destruction. Notably 1949, 1979 and 2007. Prices tripled in less than a decade when policy was dictated from the asylum under Brown. The only housing booms under Tories were 1989 and 1973...these unwound within two years because they were smaller in scale. Btw house prices have fallen since 2010 in real terms with a few exceptions...Socialist Republic of Cambridge/ Islington etc.

[peteret] 29/11/2018 10:14

Mortgage lending upMogtgage approvals up

[gbh2] 29/11/2018 10:08

It'll be no better with a left wing Labour government, it'll be like when Wilson got in. Investment ground to a halt and we ended up going begging to the IMF had to devalue the £ and face a general election.

[m4rtinu] 29/11/2018 09:59

Spoon - you make a good point about (lack of) affordability of houses and the young on an average wage.

And in general, some very fair-minded posts by most this morning. Could almost see a swing to Labour here :)

[stewart64] 29/11/2018 09:52

On an accountancy basis I'd expect a natural floor on this. They are very conservative on valuations with profit not anticipated on land and inventories until realised( land hoarding is out now anyway). The 3 billion balance sheet is pretty much liquidation value. Goodwill is zero. Compare this to other hard hit sectors...TUI Ag 3.5 billion intangibles, 3.5 billion net assets. Liquidation value zero. Kier 800 million intangibles, 600 million net assets...Liquidation value zero.

But I don't reckon balance sheets figure much anymore.

[gbh2] 29/11/2018 09:28

It's the value of the £ that's driving some Polish lads out, the exchange rate is no longer viable when they send cash home.

[stewart64] 29/11/2018 09:21

I reckon the failed H of C vote is priced in here. The unknown beyond could move it in either direction.

[essentialinvestor] 29/11/2018 09:12

We have the Brexit bill vote now in under 2 weeks,
which will fail. Then political choas follows. At very best this will take
weeks to resolve. Not exactly a supportive backdrop for UK cyclicals.