Taylor Wimpey Share Discussion Threads

[growthpotential] 13/7/2019 13:56

I am starting to add to my existing growth stocks with some more dividend paying names to balance up the portfolio. Already hold a full position in TW, looking to continue adding to the following: GSK, AZN, DGE, MNDI, RDSB. Which names do you like the look of?

[turvart] 13/7/2019 13:27

Getting back to the subject of TW. I’m starting a personal pension fund that I have control on the fund and what I look for in my portfolio is strong fundamentals with an attractive dividend and TW. Ticks that box with me along with RIO, I like Lloy fundamentals but hate the way they keep having additional listings to pay employees bonus, old habits die hard with Lloy and for that reason I’m out, CCH is also looking over sold at the moment from going Ex div a couple of weeks ago.

[turvart] 13/7/2019 13:08

DD,

Earnings season kicks off next week in US so let’s see what happens? I predict in the coming weeks or months that there will be a big correction in the US markets, I’ve switched a large percentage of my pension fund into a cash pension fund I’m only actually holding 16% in equities at current and that may change shortly.

With your comment on hedging cable I think that will be very unlikely giving the fact it’s a US fund.

A few months ago I was Neutral to bullish on the markets, I’m now very bearish especially with the US market.

[disneydonald] 13/7/2019 12:46

Hi Mark, to be fair, USA growth is impressive because YTD performance is from the low of the last US Market wobble last Nov / Dec. If you go back twelve months then not so impressive, but steady and inline with other US focussed trusts or funds. Also, without checking, I assume that the portfolio managers are actively hedging currency risks. So I am guessing that it is likely that Cable movements are nuetralised.

[turvart] 13/7/2019 11:59

Hi Mark,

Just had a look and very impressive however with the US interest rate cut coming sterling will strengthen against the dollar so gains will be offset.

The funds done well I agree but if it was me I would be selling it.

[marksp2011] 13/7/2019 11:34

TURVART

The code is USA it is an Investment Trust. It has no bond holdings and all the stock is US/canada

[turvart] 13/7/2019 11:00

Marksp2011,

I actively look at funds and performance, I’ve just had a look at that Baillie Gifford fund and I’m not convinced at the moment it’s a wise choice, they have 7.5% US bonds and 19% in US equity, 19% UK and the rest in overseas. Sterling’s hit a recent low and the US is apparently cutting their interest rate, so that means sterling will strengthen against the dollar and have a negative effect on the fund priced in Sterling, also the stocks they are in have hit exceptionally high growth and I’m convinced there will be a fairly large US correction in the markets.

If it was my choice and I earned what growth your talking about I would start looking at other options.

[marksp2011] 13/7/2019 09:19

Sold BDEV on Friday close

There is no arguing that the capital return I am getting elsewhere is significantly outweighing the dividend income I am getting on my UK Cyclicals.

It is great pulling in divis but I can't argue with the numbers

I am still holding TW and PSN but they don't even beat a global ETF like HMWO. I am not being negative about TW, or BDEV for that matter, but there are better places that UK housebuilders at the moment

My biggest regret lately is that I didn't bet the house on Baillie Gifford US Growth when it launched it is up 46% in just over a year. I only bought 10k :(

I did buy 3k Smithson at launch. No dividend paid yet.... it will only yield c 1.5% but it is 26% up in less than a year. I agree if you trade a lot on an individual share and you are very good/lucky, you might be able to beat that but it is nice not having to do anything :)

[davidlloyd] 12/7/2019 15:00

Know the feeling.....

:-/

DL

[gbh2] 12/7/2019 14:58

Yep my total divi take this financial year will be +5%, I don't want to talk about capital value of the damned portfolio.

[tlobs2] 12/7/2019 14:20

It's nice when a decent dividend pops up in your account. It certainly beats cash in a savings account!

[bhafcseagull] 12/7/2019 11:10

Possibly a rate cut in the US driving housing stock over here up?

[m4rtinu] 12/7/2019 10:47

Building sector shares doing well as whole past few days.

[martyn9] 12/7/2019 10:19

Jugears,nail on the head with your post.Add to that a 12 billion club payment every year and added to that billions in bailouts over the past years!!

[uknighted] 12/7/2019 10:01

Dividend received, now hoping for small retrace to buy more.

[turvart] 11/7/2019 17:11

CraftyAle,
Good to hear, nice earner for your pension.

Jugears,

Yeah the PE ratios are very low on UK stocks with attractive yields, but historically corrections follow the US market, I have noticed recently the Ftse100 seems to be slowing down falls when the Dow falls, so who knows you may be right, I’m still happy I’m only into 16% equities of my fund.

[jugears] 11/7/2019 14:09

Turvart, I think you are absolutely right there will be a market correction soon,The Dow will fall & the Footsie will rise !

[craftyale] 11/7/2019 10:21

Yep auto reinvest as usual, I'm happy the price has been flat. Of course an increase afterwards would be welcome. Well over five figures in my TW. divs now and going to be a huge income source for the future.

[uknighted] 11/7/2019 09:03

Time to buy tomorrow when the divi arrives!

[jugears] 11/7/2019 08:51

tlobs2,Long term Tw.& the rest of the uk stocks are only going one way & that is up IMHO we have been in a down trend/flat lining for about 4 years now & sooner or later that will reverse. When you have shares in good companies whats the point in worrying, Now is the time to buy.

[m4rtinu] 11/7/2019 08:22

Positive Barratt update today. Sorry not able to provide link at present.

[tlobs2] 11/7/2019 08:18

Blimey the TW thread has turned into the doom and gloom suicide thread!



Cheer up the special dividend that makes TW such a good share to hold will be with us very shortly :-)

[turvart] 11/7/2019 06:25

Sikhthetech,

I read your link it's very concerning, I'm glad I switched my pension funds over, the cash fund actually loses 0.001% a day due to AMF, I've still got about 16% of my portfolio in equities, I just hope I've made the right choice switching to index linked bonds, always good to have some of the fund flat just in case there is a correction, I hate seeing my pension profits eaten away from this China tariff war and Brexit uncertainty, not sure where sterling is going either? Will it strengthen or continue to weaken?