Taylor Wimpey Share Discussion Threads

[up10] 10/12/2018 16:36

Cue Jugears,

Lecturing us in a bloated post about how good the housing market is!

And that he's bought some more today.

That everyone, including brokers are stupid to think otherwise.


TIMBER.....................................

[spoon4] 10/12/2018 16:32

Dear me, when are investors here going to get out, and quick.?

Down day after day, week after week, and that’s before the downturn starts for real.

[spoon4] 10/12/2018 13:50

Like I said going one way

Down

[wfl1970] 10/12/2018 13:31

For alot of holders, the cut (recommendation) comes far too late... if you're inclined to follow them of course!

[essentialinvestor] 10/12/2018 13:24

Bought a small amount of Bellway.
We are lurching in to a huge political crisis here,
Lenders may start tightening the screws on mortgage approvals.
Would not surprise me to see a guidance downgrade or two from the sector.
Or mild profits warning, depending on your definition.

[clarky5150] 10/12/2018 13:14

That's kippered any chance of blue today then. Useless. I bet they are laughing all the way to the bank to cash their Christmas bonus for the extremely detailed analysis research...

[steeplejack] 10/12/2018 12:42

I agree,absolutely ridiculous.The price target follows the shares down,hardly predictive simply reactive,like telling us yesterday's weather!

[jugears] 10/12/2018 12:24

Another F-----g useless broker!

[philanderer] 10/12/2018 10:15

Peel Hunt has downgraded builders across the board this morning

TW. downgraded from 'add' to 'hold' ........ tp 140p cut from 220p

[steeplejack] 10/12/2018 10:03

A Corbyn Government is a scary prospect but it’s a possibility primarily because the capitalist system is failing large sections of society here and abroad. French Yellow Vests are a populist movement fed up with just getting by,while an elite simply seem to get richer and richer. 1% of the French population own 20% of the assets.In the UK,Persimmon bosses ripping tens of million in bonuses, directors awarding themselves mouth watering packages and dare I say,footballers in the reserves,getting paid a million a year,aggravate a feeling that capitalism is a giant Ponzi scheme.
I’m a capitalist through and through but the system is partially flawed.I agree with Corbyn for example when he says that companies shouldn’t pay dividends if they aren’t prepared to pay all their employees the minimum wage.The salary differentials between directors and their average employees are absurd.The capitalist system needs reorientation.However,I don’t think that a Corbyn administration would be capable of tweaking the structure without bringing the whole edifice down.Anyway,our MPs are ineffectual.They have a Weimar Republic feel about them,I await a strong leader to come forth.History rhymes.

[stewart64] 10/12/2018 09:36

Not too sure what the Market is most afraid of now a Corbyn Government or Leave without a deal. There is one glimmer of hope on the horizon, an SNP Labour Axis will be tempered on the spending by EU rules (assuming we Remain). Given half a chance Labour would destroy the economy in no time. Labour has one policy to destroy incentives for the slaves to work for the tens of millions on benefits who are now our Masters. We may as well all give up and claim bennies if we get an unfettered McDonnell.

[essentialinvestor] 10/12/2018 09:18

The Tory party look to be handing the keys to No 10 to Corbyn.

Does the EU really mean this much?.

This is utterly shameful imv

[wfl1970] 10/12/2018 09:12

Or if you're the new Brexit Secretary - Stephen Barclay, "the UK will leave the EU on 31st March"

No wonder it's a mess... ffs...

[essentialinvestor] 10/12/2018 08:54

I meant delay on any exit deal, appreciate we exit 29/03

[clarky5150] 10/12/2018 08:48

There is no delay. Deal, different deal, no deal the date is still the same. Come April 1st we are on our own. Oh the irony of it all!

[essentialinvestor] 10/12/2018 08:40

It looks likes leadership challenge to May this week.

Market takes that as ..a delay in any exit deal.

Result, more sector bloodshed. Rudimentary take, but accurate.

[clarky5150] 10/12/2018 08:38

TJ2, I believe we have been in a bear market in most sectors for some months. Brexit isn't the only cause but hasn't helped. See the bloodshed has started again this morning on builders. Has anything really changed over the weekend? The whole withdrawal fiasco needs bottoming asap. Either back the plan or don't but for gawd sake please can the MPs stop using this as an opportunity for their 5 minutes of fame.

[jonwig] 09/12/2018 14:31

TradeJunkie - unemployment figures have been a lagging indicator for recession, and housing starts a leading indicator.

Of course, maybe "this time it's different".

[tradejunkie2] 09/12/2018 12:46

Once the housing market weakens then watch the unemployment figures. Once we start seeing bearish figures from both unemployment and housing you're going to see a bear market start and it will be brutal. I am in no way suggesting a bear market has started but no doubt there are some wobbles.

[dr_smith] 09/12/2018 12:35

Does sound an oddity LG.
I am guessing this was just before the stamp duty change for £250k+ properties where you where hit by the higher percentage on whole sum, not pro rata for amount over £250k. I eventually sold in 2015 after a long time as houses in £250k-£300k range were deflated by this stamp duty. Over £300k folks tended to accept it. New system is still expensive, but not stifling the market like it was.

Stamp duty may be a nice little earner for the gov, but it does mean folks are less likely to move, with consequence of reduced mobility for jobs market, so IMO they lose on net position for a skilled, foucsed, growing economy in a world market.

[lord gnome] 09/12/2018 11:33

I do find the housing price debate most interesting. You really do need to detach planet London and a few outposts (Oxford, Cambridge, Bath, Cheltenham etc.) from the rest of the country.
A family member lived in Worcestershire, nice small spa town. Four bedroom spec built detached house on a modern middle class estate. In 2000 it was valued at £265,000. Not bad. They sold it in 2016 for £260,000. So much for house price inflation. It is not universal and there are pockets of deep value. Sadly, these don't usually coincide with desirability and job prospects.

[wfl1970] 09/12/2018 10:00

...and how long for the UK to recover from Brexit debacle... Could that be 15 years also.. ?

[gbh2] 09/12/2018 09:18

Looks like we're heading for a Left wing government and the last time that happened Investment dried up and it took the FTSE 15 years to recover.

[terminated] 09/12/2018 06:03

There will be a housing shortage for many years to come but if there is a recession people will not have the money to purchase at current prices regardless. A shortage will not matter, lack of demand will always result in a slump.

[dr_smith] 07/12/2018 13:29

Thank-you Mark.
Surprised to be honest. Yes xmas shutdown not unusual, particularly where "teams" are required, but Brexit apathy in building does surprise me. We still have a shortage of houses, growing population and rate of building I believe does not even keep up with expansion rate.
Edit. Apathy possibly wrong word - I mean that lack of clarity for immediate future.