Taylor Wimpey Share Discussion Threads

[ftir10] 31/7/2019 15:34

Dividend will be cut.

SELL SELL SELL

[woodhawk] 31/7/2019 15:32

LOL. They're all at it today. Why the hurry with the doom and gloom boys?

[buywell3] 31/7/2019 15:30

Don't apologize

You make a valid point

Debt is getting way out of control

The market is now spooked

[dr_smith] 31/7/2019 15:30

m4rtinu.
My general rule is not to invest for others, but made an exception for my Sister, and thought it best to go safe with SBRY - so also got burnt.
Foresight and hindsight are 2 different beasts, nigh impossible to correlate for future, other than "gut" instinct and a choice you can sleep with.

Gut = a lifetimes experiences rolled into one, where expected outcome is probable but not g'teed.

Sorry - more empathy than constructive accounts insight.
Dave

[ftir10] 31/7/2019 15:29

Quite clearly the market doesn't like the results, possible small bounce but the direction is very clear. Down.

SELL SELL SELL

[m4rtinu] 31/7/2019 15:09

As I have had my fingers burnt a couple of years ago with such "safe, income shares" as SBRY, CNA I am on the look out for negatives, so apologies for the following:

From the results: 30/6/19 1/7/18

Adjusted net debt (GBPm) (325.7) (143.0)

Current liabilities
Trade and other payables (1,044.0) (1,114.0)

So debt has doubled and whilst the trade and other payables are similar, they seem very large. Any helpful comments welcome. I am not an expert in accounts so am happy to be put straight if these are undue worries. Cheers. MU.

[tlobs2] 31/7/2019 14:21

I've taken the opportunity to double up. Never look a gift horse in the mouth :-)

[tradejunkie2] 31/7/2019 14:18

Nice to see the share price down hoe all are enjoying it also.

[jugears] 31/7/2019 14:11

Manipulated as usual.

[woodhawk] 31/7/2019 14:03

Neither BDEV nor BVS much changed now, so I expect TW. to recover imminently.

[jugears] 31/7/2019 13:52

A good report in probably the worst trading conditions construction has seen since the financial crisis, a well managed company that knows exactly what its doing & an share price that could double in a few years time & today very undervalued, Even if the dividend halved for a few years long term there is only one way these are going & that's up.
M4rtinu, Kier & Carillion are mainly construction ,at less than 1% margin & usually 0% in the hope of making money from extras there was always going to be trouble.It doesn't take much for a construction company that has made good profits in recent years to suddenly make a loss & with no assets there is little chance to survive, at least with Tw they may pay big dividends & bonuses but they also invest in land (Assetts!) as well unlike construction that tends to make a loss & still pay good dividends & bonuses. I am sure when the time is right & requires Tw to cut bonuses & dividends they will cut them as appropriate, For now Its just a waiting game until Brexitis sorted IMHO Deal or No Deal it needs to be sorted by the end of October.

[jugears] 31/7/2019 13:01

Up Tomorrow IMHO.

[m4rtinu] 31/7/2019 13:00

Jugs - ftir post is provocative but it is a point of view. TW is no Carillion or Kier but a timely reminder for Directors not to be greedy/reckless/prudent?

I am tempted to buy more for divi if price falls but how far will it go.

[ftir10] 31/7/2019 12:48

Ehh.....

An 11% dividend is telling everyone the share price is too high and expected to go much much lower.

Directors are being irresponsible with cash and good times are ending!

Lower pound, higher costs etc etc

SELL SELL SELL

[marksp2011] 31/7/2019 12:43

Ah

can you do better than an 11% Divi with a 6% Capital loss.Since 1 August last?

Let me think.
You could have invested in BG US Growth and have received no Dividend but have a 49% capital gain.

Or Finsbury Growth - 21% Capital return and a 2% Divi
or Lindsell Train Global 21.6% return plus a 1% dividend
or Smithson at launch and have no dividend but a 28% Capital gain
or Unilever with a 15% capital gain and a 3% divi
or HMWO an all world tracker ETF +24.5% YTD plus a small divi

and that is the problem with the housebuilders

[makinbuks] 31/7/2019 12:13

That is a pretty poor set of results compared to the prior year and BDEV interims. The market has responded accordingly

[woodhawk] 31/7/2019 12:07

Who is complaining... apart from those wishing to sell? Can't do much better than an 11% divi at current sp!!

[jugears] 31/7/2019 11:53

martyn9,Would probably have gone up!

[martyn9] 31/7/2019 11:11

Just aswell results were good,imagine the share price if bad!!!

[fizzypop] 31/7/2019 10:17

Agree CraftyAle ... post a no-deal brexit this will be over £2.