Taylor Wimpey Share Discussion Threads

[marksp2011] 31/7/2019 19:19

Better than any fund manager, better than any hedge fund, better than buffet and posting anonymously on a free public bulletin board. Your skills are wasted on us mere punters.

[m4rtinu] 31/7/2019 18:12

dD - I look forward to your thoughts after a proper read. There is no doubt the divi is attractive and we have been told management are more focused than before. But as I posted above there are one or two things in today's HY results that need explaining.

Turv - I am not an expert in company accounts but have gradually learnt a few things that are supposed to be possible warning signs. Genuine questions which hopefully inform investments, though I am not the most successful investor of all time, by a long chalk. Yours, Gonk :)

[disneydonald] 31/7/2019 17:29

I will look through the accounts properly later, however a couple of points that stand out are:
1)burned through ~£250M extra cash in first half this year, split between land and working capital. Working capital to facilitate extra sales in second half; hopefully
2)average build cost increased by 6.1% across all units, average selling price up 1.6%
3)earning per share down 9.8%
4)operating profit margin 18% down from 20%, which means down 10%

So, all in all, shows build inflation outstripping ability to increase pricing putting squeeze on margins. Guess the market has taken a glass have empty view

[jugears] 31/7/2019 17:22

high volume of trades today, perhaps Woodford selling a few.

[woodhawk] 31/7/2019 17:07

Turvart, I don't give a monkey's about what anyone else is doing - I know what I'm doing - and I know that 91% of my trades are successful. So the odds are in my favour. In fact, having checked my spreadsheet, this financial year I've only lost on 10 trades out of 190 - so my average is on the up!! LOL.

[turvart] 31/7/2019 16:54

Yeah Jugears your probably right, it’s just I’ve always had my suspicions about this M4rtinu, seems a gonk to me and covered his/her question up with well I don’t know about accounts lol.

[turvart] 31/7/2019 16:50

Wood hawk,

I’m going to Pat you on the back for being so clever, (If you read the post above yours)apparently we are all so clever buying PMSL.

[jugears] 31/7/2019 16:49

£1.70 opening price tomorrow ?

[turvart] 31/7/2019 16:47

Nav is 102p so don’t think so, this is strong buy IMO.

[jugears] 31/7/2019 16:47

Turvart,Think he is confused with Yearly & half yearly accounts, Although with timings for paying for land etc the half year results look little different to last year. need to look at yearly accounts really. I certainly haven't seen anything to warrant this fall & note a broker has upgraded tw today. Tw were on an upward tangent & IMHO once todays blip is out of the way they will continue to rise,I don't think that today's fall has much to do with there trading statement but have seen this type of overreaction before so we will see where they go in the next few days, one thing is for sure today has proved an excellent day for topping up on tw shares.

[woodhawk] 31/7/2019 16:45

Took a few more at the close for a touch under 163p - divi over 11%. That'll do nicely.

[ftir10] 31/7/2019 16:37

LOL

The trouble is, you've all had it too easy over recent years, but you keep patting each other the back for being so clever. It's now turning and the future will be messy, as reality slowly sinks in.

SELL SELL SELL

[turvart] 31/7/2019 16:31

Hey Jugears,

Can you find what M4rtinu is banging on about in the accounts, because I can’t find it?

[jugears] 31/7/2019 16:26

Well I couldn't help having a little bet with myself that these will have recovered today's losses by the end of next week & just added some more shares the plan is to sell these with a nice 14p profit but knowing me I will probably keep them, Having read the accounts fully at least 6 times today I can not see any justification for today's fall other than manipulation & pure gain.

[turvart] 31/7/2019 16:24

M4rtinu,

I can’t even find that, can you copy and paste more so I can find it please?

[tlobs2] 31/7/2019 16:23

m4rtinu, I sold other shares this morning to buy more TW shares.

They are in my SIPP so I'm not in a rush. I'll take a few chunky dividends and see where we are once Boris and his master plan have kicked in :-)

[m4rtinu] 31/7/2019 16:14

Tlobs - I agree ftir is not backing up his assertions with any rational argument, so won't impress a lot of (any) people. But, is the dividend (especially the special) sustainable, or at the least a bit over-generous. Please see my post above, re debt and trade payables #23316.

Do you or others have any views? Thanks to Dr Dave for his comment.

And just for the record. I have held on and off for a few years. My current holding is down, but not far off B/E including dividend. If the results had been better I would have been looking to sell a few at say 185p. On the other hand, now my inclination is for buying a few, but as you can see I have my reservations.

[jugears] 31/7/2019 16:10

ftir10, your that same W----r that was on here before.Manipulated it certainly is, Blue tomorrow.

[martyn9] 31/7/2019 16:03

You obviously can as your as thick as a plank!!

[ftir10] 31/7/2019 15:59

LOL

You lot can't see the wood for the trees.

It's hilarious.

[martyn9] 31/7/2019 15:59

Totally manipulated,back in the £1.70's this coming friday.

[tlobs2] 31/7/2019 15:53

That is from this morning you ferkin idiot.

[ftir10] 31/7/2019 15:50

So what.

Dividend will be cut.

SELL SELL SELL

[tlobs2] 31/7/2019 15:49

Let's look at some facts rather that your rather childish sell sell sell posts .....

Dividends

-- Interim ordinary dividend of 3.84 pence per share (H1 2018: 2.44 pence per share) to be paid in November 2019, bringing 2019 total dividends in the year to c.GBP600 million or c.18.34 pence per share (2018 total: GBP500 million)

-- 2020 special dividend announced of GBP360 million (c.11.0 pence per share) to be paid in July 2020 subject to shareholder approval (2019: c.GBP350 million or 10.7 pence per share)

o 2020 total dividends expected to be c.GBP610 million or c.18.6 pence per share

[ftir10] 31/7/2019 15:44

Hmmm,

I suggest you take a long hard look at the charts.

Share price in real trouble.

SELL SELL SELL