Taylor Wimpey Share Discussion Threads

[m4rtinu] 30/7/2019 09:05

"UK mortgage approvals rose past forecasts last month, alongside increasing consumer credit and a pick-up in the rate of growth of households' broad money holdings, pointing to continued economic growth ahead of the October Brexit deadline.

According to the Office of National Statistics, mortgage approvals for home purchase rose from 65,600 in May to 66,400 for June (consensus: 65,900)."

And,

"The results of the Bank of England's Credit Conditions Survey also pointed to stable unsecured borrowing, with lenders no longer planning to reduce its supply for the first time since the end of 2017, while indicators were pointing to a recovery in homebuyer demand and a drop in mortgage rates, Tombs added."

[turvart] 29/7/2019 10:49

Jugears,

Well done mate, that's pension your pension fund sorted!

As with Lloyds I feel the fundamentals are fantastic and I was a big fan of Lloyds up to when they did their usual trick having additional listings to pay bonuses, on that basis I'm out and staying out, however like I said Lloyds have superb fundamentals so I wish you luck.

[jugears] 29/7/2019 09:50

Turvart. I bought my original purchase of £20k at 30-37p have never sold any & re invested my dividends now worth £125k, Would I have made more trading the shares? Probably not. At the time I would have been happy to double my money & had only planed to hold short term, Now I would probably never sell as I think these have got huge potential for the future, At the moment I am concentrating on building my Lloyds investment which I also see as having huge potential in the near future & may turn out to be a little less cylical than Tw.

[turvart] 29/7/2019 09:33

I want to buy some more but I don't have the funds until Friday and with the results on Weds the price will either go one way or the other, the share price seems to keep moving higher this last few days so it looks positive but I don't fancy paying 190+

When the share price was around 155 I didn't have the funds to top up, typical!

[gbh2] 29/7/2019 09:18

Not Housing related

I and a colleague purchased shares in a small start up 20 odd years ago at 50p/share three years and i was selling at over a quid, she held on and they quickly rose to 17 quid, she held on and a month later the company tanked and the share price was down below 50p.

Pays your money and takes your chance ;)

As for TW I've been in and out since 2008 and made a tidy profit, whether I could have made more by sitting and holding is academic because having been retired for 20 odd years I still enjoy the game.

[omg48] 29/7/2019 08:57

Was in the Fire industry for 35 years and TW was a customer. Visited sites all over Midlands used to deal with site managers, several of whom I know invested HEAVILY when they dropped to less than 10p for the long term. They must be sitting on fortunes. I entered at about 25p but made a mistake by trying to trade in and out all the way up to 200p. Should have just held for long term but still hanging in there for 200p + again.

[inaminute] 28/7/2019 22:37

Bought most of mine at 38p back in 2007 or 2008 when everyone thought the world was going to end. Ironically it felt like a very big punt at the time, whilst some of my 'safer' bets haven't done nearly so well. Reinvested all divi's back into the share as it went along and topped up a few times as well.

[hiraniha] 28/7/2019 22:04

Traded in and out of this one when it was in the low teens many moons ago. Made a few Bob.Then spoke to my brother in-law who works in the trade, who told me rather than just short term trading, why don't I just buy and hold. The prospects for the property are fundamentally good.So I did. Buying at 65 pence.And have held ever since.

[turvart] 28/7/2019 18:46

Just out of curiosity what is the lowest share price you have bought at?


Mine is 156, I have researched this went to 11p some years ago, any holders still at that level lol!

[m4rtinu] 28/7/2019 11:11

As mentioned, results Wed. So stick or twist? Possibly stick then twist?

[gambos49] 27/7/2019 22:52

Be surprised if these aren't around £1.90 come the end of next week everything positive coming out of Boris especially regards stamp duty

[craftyale] 26/7/2019 12:11

Stay positive :) moving up nicely.....

[eeza] 25/7/2019 14:38

And by the time it recovers it's time to drop again.

[gbh2] 25/7/2019 13:20

First to drop last to recover.

[omg48] 25/7/2019 12:01

Doesnt take long does it before TW is sold down. YoYo

[m4rtinu] 24/7/2019 21:22

Plus a filip from Boris?

"We close the opportunity gap, giving millions of young people the chance to own their own homes and giving business the confidence to invest across the UK."

Not sure how he plans to do that. But ...

[m4rtinu] 24/7/2019 21:17

A very encouraging step un in share price today. Partly linked to positive mortgage approval data? So all sector up i think. Nice surprise. MU.

[1carus] 24/7/2019 18:38

M4rt as long as it's not too close!

[m4rtinu] 24/7/2019 14:22

1carus - you are flying close to the sun, with positive comments like that.

[1carus] 24/7/2019 13:19

I base my fair value opinion on the company demonstrating that it is returning value to shareholders and could do that at around 7% at that value. It also has enough liquidity to weather several years of downturn in the industry whilst maintaining that level of return. Feels like my safest holding by some margin. Safe as houses one might say.

[growthpotential] 24/7/2019 13:02

If it gets to 220, Brexit will have been sorted and it would be beneficial to hold and enjoy the upside of a solid business

[1carus] 24/7/2019 12:37

That's all looking promising...still think fair value is 2.20.

[jugears] 24/7/2019 08:17

Its Does't matter who is in power Its how they handle Brexit that will have the most effect.