Taylor Wimpey Share Discussion Threads

[steeplejack] 12/12/2018 11:31

Investment is about opportunity cost,it's about selecting the relatively best investment opportunity.As an example,take a look at Smith&Nephew and compare it with Taylor W. over recent months.Taylor Wimpey is a very well run company but you can't ignore the potentially difficult outlook ahead and that is what the market seeks to discount.

[blueteam] 12/12/2018 10:47

Its funny how people always either sell at the bottom, take up a short position at low point of the share price With plenty of spare cash, divi fully covered and the company likely to do a share buyback,which does means the divi will be fully covered. A lot of potential buyers hoping for another entry point but as normal the greed means they have missed the low point of the bottom and starting to get desperate for the price to drop to get in. We will see. The market survives by people with different positions.

[up10] 12/12/2018 10:25

There won't be any buy back.

With recession looming they'll want to keep any cash they have.

The dividend will also be cut.

[disneydonald] 12/12/2018 10:23

Hmmm, well, we will have to wait and see. Either way, it’s an option if they choose to do so given the strength of the balance sheet and current free cash flow

[blueteam] 12/12/2018 10:20

buyback could be at least 10% and would mean a test of £1.60 and if this was to move £1.80 would be a realistic figure. Though only in the new year, so expect people to buy / add and hold, plus any shorters to close in the coming weeks.

[ntv] 12/12/2018 08:37

how lucky a director buys a huge amount of shares and then all of a sudden they decide to bring forward a BUYBACK
IFS of insider dealing

[aussiedonnie] 12/12/2018 08:11

Worth a few quid I think.

[tony2119] 12/12/2018 07:55

From memory 20% of mgmt bonus is tied to ROCE, 20% customer, 40% ebit and 20% fcf. So if they want to boost roce this is one way to do it!

[disneydonald] 11/12/2018 23:50

Wimps undertook a share buy back as the last crash unfolded, and they destroyed a high amount of shareholder value, so Pete is well aware of getting it wrong. The then current FD lost his job. However, Wimps balance sheet is in a much stronger position than then, so prudent buy backs at appropriate prices will help strengthen the balance sheet.

[jugears] 11/12/2018 21:17

gambos49 TW are a completely different company than before the financial crisis , not in debt & very well managed & evenly spread across the uk IMHO they will still be here when many of the not so fortunate smaller companies have gone & they will go because there are many that are very heavily in debt ,particularly the newer smaller regional builders & this In my View can only be good for the likes of Tw.

[gambos49] 11/12/2018 21:10

I do think that with the share price so low that companies start to look at well established house builders to buy on the cheap .
Share buy back would be a good way of using up excess cash but didn't this happen as well just before the previous crash but as others have said are far better managed nowadays

[jugears] 11/12/2018 20:36

Well lets hope Wimpeys long term view is better than up10 who again doesn't seem to back his theory up! I and many other companies prosper in a recession Its not all doom & gloom.IMHO whilst there is still help to buy & low interest rates the new housing market will jog a long steadily, I doubt even inflation will see interest rates above 3.5% in the next 5 years, at every housing slump & recession in the past 40 years interest rates have been high this time they are not & could even fall.

[up10] 11/12/2018 20:01

A no deal brexit will see these well under a £1.00. Medium term under 50p.

Then add in a world recession!

SELL

[essentialinvestor] 11/12/2018 19:17

Would be surprised is today was a short term low
for the sector. Too much political uncertainty - that's a polite term.

[blueteam] 11/12/2018 18:44

yes massive share buyback on the way in new year then. Can see shorters closing before xmas and support now till then. Be interesting up to xmas.

[m4rtinu] 11/12/2018 18:00

List all short positions 0.5% or more.

[tlobs2] 11/12/2018 16:38

They could certainly mop up a few million shares on the cheap and then watch the remaining shorters run for the hills ..........

[disneydonald] 11/12/2018 16:29

Wimps called special BoD meeting Dec 28 to correct timeline giving the BoD authority to purchase own shares. Doesn’t itself mean they will, but they want to be in position purchase within remit.

[blueteam] 11/12/2018 15:55

£1.60 target pre xmas on any brex deal. We will see.

[up10] 11/12/2018 15:54

LOL

Really

NEVER buy on merger / takeover rumours - its a mugs game!

LOL

[blueteam] 11/12/2018 15:51

Housebuilders to merge is on the cards. just need to wait till brexit done and then it will begin.

[up10] 11/12/2018 15:36

I wouldn't get to excited about any share price rise.

TW. is going a lot lot lower.

[m4rtinu] 11/12/2018 14:49

A 3% pay rise is good if you are earning £250k p.a. , but not if you are earning £25k. Comparing the %age rise in average earnings and the %age rise in prices is not very enlightening.