Taylor Wimpey Share Discussion Threads

[gbh2] 25/4/2019 16:34

Houses around here are all over 150 years old and I suspect they'll be here in another 150 years, imo it's going to be a long time before anything replaces attitudes towards bricks an mortar building - that said it seems TW had a good go at putting folk off Mortar in certain areas ;)

[tlobs2] 25/4/2019 16:15

Lots of failures in businesses across the UK are currently blaming Brexit for their demise. Clearly many are just poorly managed and that's why they've gone pop.

TW is a well run organisation and I will retain a block of their shares in my SIPP and take their respectable dividends for the foreseeable future :-)

[death by donut] 25/4/2019 14:40

Got a website Devon , genuinely interested from a professional point of view.DbD

[devonwood] 25/4/2019 14:39

They are dear and Baufritz is even more. The point is that off-site construction works and can provide better quality than traditional build for the same or less money.

[devonwood] 25/4/2019 14:39

They are dear and Baufritz is even more. The point is that off-site construction works and can provide better quality than traditional build for the same or less money.

[hernando2] 25/4/2019 14:32

Hof costs a lot of money..as far as i recall fantastic but dear

[jugears] 25/4/2019 14:21

gbh2- Very true & at the end of the day a prefab will always be a prefab.The ones I have seen look a bit cheap & tacky to me.

[gbh2] 25/4/2019 13:06

imo there will always be a need for quality as opposed to cheap !

[death by donut] 25/4/2019 13:05

I remember a guy on site telling me tiling would dissapear and be replaced with his plastic panelling , that was 28 yrs ago .I'm still tiling ( 30 yrs ) and the lad I'm training will probably do the same.Tilings been around for a long time , can't see it going anywhere soon .DbD :-)

[devonwood] 25/4/2019 11:43

JUGEARS - I spent 5 years delivering prefab buildings from a 50m2 pool house to a football stand and facilities and my own ecohouse with no training or background in construction.
Manufacturing off-site dramatically reduces the skilled labour onsite.
New assembly skills required - you can learn on the job in a few days.
Finishing trades can also be reduced.
Use modern materials can remove the need for wet trades, tilers etc.
Better quality building, delivered faster less vehicle movements, less waste.
My supplier is in Bosnia. I competed with Sweden, Norway, Germany, Switzerland,Austria etc for capacity.

[dr_smith] 25/4/2019 11:26

Ta for thoughts and experience Jugears.
Given gov borrowing at low level:

and businesses are cash flush pending Brexit outcome, then once the yawn.. Brexit.. outcome known, then no doubt there will be a surge in projects, both gov and private sector.

[cupra kid] 25/4/2019 11:07

The increased building costs will be supplemented by preferred contractor agreements. These contracts will inevitably be scrutinised and costs reduced accordingly.

[jugears] 25/4/2019 10:58

DevonWood- Where will the skilled labour come from to build houses of site?

[jugears] 25/4/2019 10:56

Whilst build & Labour cost have increased more than expected in the last 4-5 Months it is worth noting that this for me has been one of the busiest periods I have known, However things are starting to normalize now & with this I think Material prices will now stabilize or even start to reduce especially as general construction orders (except house building)are the lowest I have seen for 30 Years ,which I think will result in lower demand for materials & labour & should filter through to reducing house builders costs. several of my suppliers have started to become more competitive in recent weeks & I can see this continuing.Considering the uncertainty with brexit I think that the trading statement was excellent & Its good to see that the housing market is still very resilient,However I still think that a lot of people are holding off from buying property at the moment & that once we have a solution to Brexit we will see a prolong housing boom return.

[devonwood] 25/4/2019 09:28

Massive over reaction to an inevitable increase in building costs. Materials and labour both impacted by BREXIT.
One solution is to accelerate investment in off-site production. Less waste, manufacturing jobs partly replace hard to get site workers and better quality control.

[woodhawk] 25/4/2019 09:23

gbh2,

I wasn't aware of the trading update either - just fortuitous profit taking yesterday. Luckily, I seem to have caught the bottom today too - both here and BVS and added to my GFRD while I was at it.

[martyn9] 25/4/2019 09:05

Hardly the time to press the panic button!! day traders will love this over reaction.

[tlobs2] 25/4/2019 09:02

Dividends

Subject to shareholder approval at today's AGM, we will be paying a final ordinary dividend of 3.8 pence per share on 17 May 2019 (2017 final dividend: 2.44 pence per share), giving a total ordinary dividend for the year of 6.24 pence per share (2017 total ordinary dividend: 4.74 pence per share), an increase of 32%.

As previously announced, we will also be paying a special cash dividend of c.GBP350 million (10.7 pence per share) on 12 July 2019 (July 2018: 10.4 pence per share), subject to shareholder approval today.

What's not to like about that?

[gbh2] 25/4/2019 09:01

Taylor Wimpey shed 6.6 percent after it warned full-year margins would be slightly lower than last year as it cost more to build homes. ...

Fellow blue-chip housebuilders slipped after the update from Britain's third-largest homebuilder. Persimmon fell 4 percent, Barratt gave up 3.3 percent and Berkeley lost 2.3 percent.

[gbh2] 25/4/2019 08:56

Good timing woodhawk, I have to admit to being unaware of the date of the update otherwise I'd would have also been reducing yesterday.

However not drama, my ave is currently 183p and I cannot envisage it being at this price come ex divi date.