Taylor Wimpey Share Discussion Threads

[jugears] 07/12/2018 09:32

Marks, most sites are struggling to get labour, I am struggling to find labour but London & the South is irrelevant to me perhaps the local trades people will have to take a pay cut & join the rest of the UK in the real world.

[m4rtinu] 07/12/2018 09:13

Mark - #2 could be weather related. Some sites must be very muddy/ waterlogged.

[tlobs2] 07/12/2018 08:53

Jugears, thanks for your posts. Based on your industry contacts and knowledge they are of more value than the collective garbage that spoon and up10 post.

For a Chairman to stick his hand in his pocket and invest so much of his money into buying shares bodes well for the future of TW.

[marksp2011] 07/12/2018 07:19

Jugs

i went on an info hunt on Wednesday night and spoke to loads of building workers.

1. they are having to travel well out of London to find work... bristol seems quite popular
2. Some had been stood down today and will not be starting again until 14 jan
3. the pipeline is thin and they have started using fewer people to make the work last longer

I think you stated the other day that you are looking 12-18 months out ?

it looks to me like we are in for a fairly nasty dip in the shorter term as smaller builders don't want to break ground until they can see where the world is heading

[jugears] 06/12/2018 21:18

IM covered with work for house builders & as my prices are fixed for three months I can increase prices accordingly. We have been in business for 57 years continuously & have never been bust & own all of our assets outright , I have been running the company since 1981 & have increased profits year on year since, even during the financial crisis which saw the biggest expansion of the company in its history, so I think I must be doing something write!!!! , fortunately neither my customers or I share your pessimism even my construction customers have full order books for next year, perhaps you should talk to companies rather than reading all the doom in the press.

[spoon4] 06/12/2018 19:48

Jugears :

Anyone who is covered for 18 months is either extremely stupid ( margins could be higher)

OR

Is worried the market is about to fall off a cliff .

[jugears] 06/12/2018 19:26

10 days not 3 weeks, When I say I am busy I mean Really busy, I am now covered for orders for the next 18 months.

[uknighted] 06/12/2018 18:45

All builders are busy at this time of year. Finishing properties or making them watertight prior to the 3 week Christmas shutdown.

[jugears] 06/12/2018 18:11

up10 As you think you know everything! Why are none of the other house builders Directors buying shares in there companies? What recession? Im buisier now than I have been for years as are all of my competition.

[jugears] 06/12/2018 17:40

WFL I'm extremely pleased with my small purchase, short term prices do not effect me & this was a very good purchase & not a decision taken lightly !

[up10] 06/12/2018 17:37

He's trying to stabilise the price.

It won't work, a recession is coming, TW. is going a lot lot lower.

[dr_smith] 06/12/2018 16:51

"Director/PDMR ShareholdingPeter Redfern - Chief Executive 745,846 134.0759 pence 6 December 2018"

Well I'm generally cynical, but that looks like a confident move to me. :-)
I wonder if it was personal reasons, or to thrust a blow for s/h's in general.

[1carus] 06/12/2018 16:25

The commons debate is going nowhere, it is just people stating their view with very few of them looking for compromise. Having fallen foul of legalities of contract, where it was verbally stated that 'that' clause is just standard and would never be used, I would suggest that since May outlined 4 or 5 courses of action before getting to the backstop and the intention is not to use it, it should be removed. Otherwise it will be used by one side as ultimate leverage, that is the only reason why it is there. If not removed, after a period of time in the backstop, the UK should have the right to go to WTO with the full adaption period from the status quo allowed, 10 years I think.
The whole thing reminds me of the film the Prestige, we are watching magicians using as much distraction as possible, and the more of it you watch the greater the likelihood of you missing the actual trick. The deal is so inept and the drama around it is so constructed I am waiting to find the dead bodies in the tank under the stage as the public gasp as the current deal disappears from one side of the stage only to appear in an acceptable format on the other. (To rapturous applause of course)

[wfl1970] 06/12/2018 16:21

Jugs will probably be somewhere back at where he bought his 50k purchase the other day...

[omg48] 06/12/2018 16:16

JUgs & Gbh are you two topping up at these levels again?

[tradejunkie2] 06/12/2018 15:25

Some small bounces but further falls coming.

Good luck.

[disneydonald] 06/12/2018 14:33

Given the current standoff between the major trading blocks, China, US and EU I’m not sue the UK is in any position to negotiate deals. This is the worst possible time to go it alone. Also, now looks like the WTO framework is being bypassed and will need to be replaced by whatever is finally agreed by the major blocks. IMHO, best to hang in with the EU for a few years. Can always look to leave in future if it does not self correct.

[steeplejack] 06/12/2018 14:00

https://www.thetimes.co.uk/article/a-second-brexit-referendum-may-push-us-over-the-edge-k67dwspp7?shareToken=f181f60e8cd6e4a9026b11a4ab03db08Worth a read.I'm not sure that the possible Norway option isn't even less acceptable to the Brexiteers than May's withdrawl proposal.I'm beginning to think that we may as well take a deep breath and go for WTO arrangements.I would suggest that the EU grants the UK time to prepare because there's going to be nasty tsunami effect throughout Europe which the EU might like time to adjust to.

[sikhthetech] 06/12/2018 13:58

Any state interference tends to back fire..

I think the 'Help to Buy' was a bad idea. I think it was a major factor in the 'leases on new builds' scandal...

[disneydonald] 06/12/2018 13:40

Whilst we are discussing the pros and cons of a Corbyn led Government, MacDonnell’s latest announcement re forcing Banks to cut back on mortgage lending will further depress the housing market.

[kron76] 06/12/2018 13:39

WTF? have I wondered onto the daily mail thread by accident?

Next subject: religion?

Here's hoping for an afternoon bounce across the board - its been carnage out there!

[tlobs2] 06/12/2018 13:15

Options.....

1. Crack on and leave the EU PDQ either with an agreement or not. This is what the majority voted for.

4. Tell all Conservative MP's who don't support the exit plans that they will be deselected for the next election.

5. Tell the DUP that the free flow of money and support for them will stop unless they try to be a little more supportive.

4. Conservative leadership battle - doesn't move anything on.

5. General election - the Conservatives would probably romp home again once Corbyn and Abbott have fumbled their lines on TV again.



So come on get round the table and get it sorted.

[owencoffin] 06/12/2018 12:35

13 Jun 2016 - Government debt under Labour was a major factor in the elections of 2010 By post-war standards, UK government debt was low


hxxps://www.economicshelp.org/blog/7568/debt/government-debt-under-labour-1997-2010