Taylor Wimpey Share Discussion Threads

[craftyale] 11/6/2019 16:39

Sorry for being selfish but I'd like to see the shares stagnate until the spec div has been reinvested :)

[disneydonald] 11/6/2019 12:53

As we know much depends on Brexit news flow. The next couple of weeks will sort out who gets to lead the Tories, and depending on whether that’s a hard liner re no deal, or someone likely to negotiate softer exit deal will provide direction for the builders share price in the short term. Of course, Mr Trump might trump that Brexit news flow with his own news flow ... like tariffs on euro vehicles. In which case who knows. IMHO.

[jugears] 11/6/2019 11:20

ramrod8, Invest long term once Brexit sorted these Will be back to £2.00, Take your dividends in share & hold on to them, I have been doing this for the last 10 years & has worked very well for me.

[ramrod8] 11/6/2019 10:47

Yes, shares held up OK, but not exactly powering back to pre-dividend levels. What's the view on this board as to where they will be in a week or two? I was under the impression they were in Woodford's Equity fund and so will face some downward pressure - or do experienced holders think they will drift up. I'm hoping to hit 165p this month, or am I being unrealistic. Answers on a postcard please.

[craftyale] 11/6/2019 10:30

Shares seem to have held ok since ex div.

[eeza] 10/6/2019 13:54

And they don't care about either when they have the stench of money in their nostrils.

[dr_smith] 10/6/2019 13:48

Cheers eeza.
Third parties can only exploit terms already in place.
They cannot change l/h terms without mutual consent.
Builder knowingly put those clauses in, they knowingly stoke the fire.
We are dealing with both legalities and ethics.
Dave

[eeza] 10/6/2019 13:35

However, Dave, what has changed recently has been H/B's selling on the lease to private companies, who have then changed the terms that the purchaser thought they had. i.e quite a few buyers have alleged that they were told that they could buy the leasehold (for freehold) within 5 years and at a certain price, only to then find when they tried to buy out the lease that a new private co now had bought the freeholds, and increased the buy-out price substantially.
Politics being as it is, it would not surprise if the Leasehold drama turns out like PPI for banks. PPI was welcomed by the Gov as a backdoor QE proxy.

[sikhthetech] 10/6/2019 13:30

Markdallars

"But where were the purchaser's expensive legal advisers when the 'unusuality' of leasehold arrangements"

Housebuilder's were recommending the solicitors to use...



While developers have been accused of providing misleading sales information or
imposing onerous terms in leases, ultimately it was the responsibility of conveyancing solicitors to ensure prospective purchasers of leasehold properties were aware of the ownership structure and lease terms and their effect. It is the conveyancing solicitors, as opposed to the developers, who could be legally liable for failing to highlight these terms to prospective leaseholders. It was concerning, therefore, to hear several reports from leaseholders that they had been advised, incentivised or required by the developer to use a specific conveyancing solicitor, who subsequently did not advise them of onerous terms in their leases.

[spcecks] 10/6/2019 13:00

Looks like an institution has been picking up some shares maybe from Woodford selling.

[jugears] 10/6/2019 12:40

Sikhthetech- As far as I am aware no one has unknowingly bought a house with leasehold land,& am sure that even really thick people know the difference between leashold & freehold , Why should there be any redress to Tw If a solicitor has not explained the procedure then he would be liable. The fact is people who can't afford to buy a property want to look big & clever & so go for the next best thing leasehold but are obviously to stupid to read the small print & only have them selves to blame

[markdallara] 10/6/2019 11:31

But where were the purchaser's expensive legal advisers when the 'unusuality' of leasehold arrangements for traditionally freehold properties started to become apparent? How many of them explained the changed commitment to their clients? This is something that should have been breaking news however I don't recall every seeing anything about it in the mainstream press? Or was it just glossed over as happened to me with my first purchase - which was leasehold, as it was a flat, along with the ridiculously under financed endowment arrangement. Yes I was a young naive first timer, surely not all of these more recent purchaser's are as uninformed as I was?

[sikhthetech] 09/6/2019 20:59

Jugears,

The lack of understanding by leaseholders is immaterial when it comes to the Leasehold scandal... How many would expect leasehold on new build single dwellings... Flats is completely different..


What's significant is:
1) How much will any redress cost TW and other housebuilders.
2) Crucially, what portion of their revenues/profits came from Help to Buy and what effect it will have if H2B is stopped.
3) loss of reputation due to the leaseholds on new builds.

[turvart] 09/6/2019 18:47

The fundamentals of this stock are so good that shorters would not be able to hold for a long period and there will be many opportunities to exit this stock and actually make your money grow. Shorters don’t bother me I’ve done my homework and I actually encourage shorters to take this down.

[turvart] 09/6/2019 18:40

What you have to ask yourself is where could you earn 10-11% per annum and if the shorters do move in then they will actually do TW. Investors a massive favour, I personally welcome shorters because I actually want to pick up more shares.

[spcecks] 09/6/2019 18:31

Thanks everyone for your views much appreciated.....I have decided to hold my shares in TW.and BDEV and if the shares do go down with shorters I will add as agree good company with a great dividend.

[ianood] 09/6/2019 18:15

jugears - more to do with liquidity. You can't sell unquoted shares too easily at the mom!

[turvart] 09/6/2019 17:18

If shorters do move in and they bring the share price down and if TW. Can hold this special divi then this with the fantastic fundamentals that this company holds will be the bargain of the century and I for one will accumulate my holding.

[jugears] 09/6/2019 15:47

apcecks, The only reason Woodford is selling his house builders is because these are his most valuable stocks where he has made the most profit, It's very simple really he has probably lost so much money on his other investments he has no choice but to sell these. I am sure that if his fund gets back up & running Tw. will be at the top of his buying list, A good well ran solid company that will be around for a very long time yet & IMHO a very undervalued Stock.

[spcecks] 09/6/2019 13:31

Anyone any opinion on wether to sell because of Neil Woodford having it in his funds....also papers are saying shorters are moving in.

[gbh2] 09/6/2019 09:34

eeza, I went the same way after checking orifile:

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