Taylor Wimpey Share Discussion Threads

[tlobs2] 07/8/2019 11:52

Lest we forget. A spot of fact amongst all the fictions ......


31 July 2019

Taylor Wimpey plc

Half year results for the period ended 30 June 2019

Pete Redfern, Chief Executive, commented:

"We have made good progress in the first half against our long term strategy, underpinned by our continued commitment to our customers, build quality and employee engagement. We delivered a record sales rate in the first half as we saw strong customer demand for our homes in a stable market and the success of our strategy to build more homes on our larger sites coming through more quickly than anticipated.

Despite wider political uncertainty, conditions for the housing market continue to be supportive with good affordability and access to finance. We have not seen any meaningful change in customer confidence, with positive underlying metrics and forward indicators. We expect full year results for 2019 to be in line with expectations.

Taylor Wimpey has a customer first strategy and I am particularly proud of the commitment from our highly motivated and engaged teams, and the positive improvement we are seeing in our build quality measures. We are investing for the long term in customer service and in the quality and skills of our business, particularly in apprenticeships and early talent. It remains our goal to deliver high-quality homes, right first time, and create thriving communities in places our customers want to live. This strategy will position us to be the customer's first choice homebuilder in all market conditions whilst providing enhanced returns for shareholders."

[ftir10] 07/8/2019 11:42

Jug,

Sensible post, of course it will return at some point and if you're happy to do that, that fine. Although I think most people would want to utilise their funds better in the down turns, than just wait it out.

[jugears] 07/8/2019 11:38

ftir10, I look long term 2/3/4/5 plus years in front when investing at the moment there is enough uncertainty to keep the housing market subdued & has been for the last few years but it keeps on defying the experts, Whilst there could be a down turn in housing demand for a few years the cycle will start again at some point, Houses will be more expensive & so will Tw share price so its a no brainner for me to keep holding as I have spare cash the lower they go the more I will add, But as you now we had this same conversation last year when you were under different identities didn't we ? & you didn't convince me to sell then & you don't now, Don't be to worried about Brexit You obviously have little knowledge about industry, in this country we are able to stand on our own to feet & make our own markets, we also make the best products in the world but are held back from selling them to a wider market due to our strangle hold buy the Eu. IMHO the sooner we leave & without a deal the better.

[tlobs2] 07/8/2019 11:31

Now up 2.5%. Very strong performance this morning. Sqeeeeeeze :-)

[gbh2] 07/8/2019 11:26

Difficult to understand the mentality of people that post on a company's free advfn thread that they ostensibly have no interest in, clearly obsessed or too much time on their hands!

ftir10 7 Aug '19 - 10:47 - 23432 of 23438 (Filtered)

[ftir10] 07/8/2019 11:25

Childish responses won't help you.

[tlobs2] 07/8/2019 11:22

Professional investors have an uncanny habit of seeking out useful information not posting tripe on a free BB.



PS Whilst you have been trawling through posts on here the share price is now up 2.4% and the buys still coming in....... enjoy.

[ftir10] 07/8/2019 11:16

Jug,

Professional investors have an uncanny habit of looking into the future by about 12 months.

The housing sector will look very different next year. The good times are over.

[jugears] 07/8/2019 11:13

Ftir- I never new that buyers seeking out an absolute bargain were called MUG Buyers that's a new one on me!But do agree that for no reason whatsoever this will be pushed down even further & then just like last year they will suddenly go back up again, any one would think they have issued a profit warning yet there full year margins are in line with expectations & have only bought some of there second half cost forward to the first half which has manipulated the figures down. Look long & hard at this company they are doing beyond expectations in my eyes especially knowing how difficult things are in this industry at the moment, My view is that things can only get better & will do.

[tlobs2] 07/8/2019 11:12

Noooo it really does look like you missed the bottom ftir10.

Once Boris focuses his next vote winning handout in the direction of the housing market then this will be up another 25p.

Stick that in your spreadsheet and work out your losses ;-)


PS The price is now up by 2.3% and the buys are still flooding in......

[omg48] 07/8/2019 11:05

tlobs
Totally agree, especially House of Lords. Old peoples retirement home for political has beens or never was's and cronies for ex PM's.

[ftir10] 07/8/2019 11:05

The "bottom" LOL

You need to take a long hard look at what's going to happen with the house builders and housing market.

It's all down hill from here.

[tlobs2] 07/8/2019 10:59

It looks like you missed the bottom ftir10. What a shame. Up 2.1% already this morning.

I sense from your post that you are squirming a little today as the sustained buying continues.......

[ftir10] 07/8/2019 10:47

Oh you mean the MUG buyers!

This is going down much further, enjoy the blip.

It's a good selling opportunity, if you've not already sold.

Dividends will be slashed.

[tlobs2] 07/8/2019 10:39

Nice to see some enthusiastic buying this morning :-)

[jugears] 07/8/2019 10:24

gbh2 I had planed to semi retire, But decided to take a few weeks of to see what it would be like, After a few days I couldn't wait to get back to work ! I will probably end up like my dad working everyday until he was nearly 80. Lord Gnome some people have money but still live meager lifestyle, I am by no means extravagant, I only have a 4 bedroom semi & have 1 car that is 6 years old, I live in a large village on the edge of a city & have no desire to move even though I could now afford something much larger, I have good neighbours & love where I live & enjoy my 25 mile drive across country to my factory everyday. I have been poor & when I took over the family business it was nearly bankrupt & I didn't take a proper wage for 10 years so couldn't have spent money lavishly even if I had wanted to, Now I have it I still don't want to spend it, Living in a big house & driving flashy cars just says look at me I have money, It doesn't bother me what other people think, I have family members & staff that aren't so fortunate & would never rub there noses in it, fortunately they all no that I have worked extremely hard for what I have & that nothing has been handed to me on a plate, At work we are all equals & whilst my staff no I am the boss they also no that I am one of the workers, I am lucky to have very loyal staff who have been an absolute pleasure to work with, When I was seriously Ill 10 years ago & off work for six months everyone pulled there weight & kept the business going & supported my wife that was struggling to cope with running the business, her own career & two young children that is one of the main reasons I keep the business going because I owe it to my Staff, Unfortunately none of them want to take the business over & neither do my Kids, Oh well may have to wait to see if my grand kids are interested.

[gbh2] 07/8/2019 09:53

Problem is they'd have to vote for it to happen, more chance of finding a turkey to vote for Christmas imo.

[tlobs2] 07/8/2019 09:39

Time to get rid of half of them as a minimum and the entire House of Lords. A complete waste of money.

[gbh2] 07/8/2019 09:25

MPs already claim for TV licenses.

[tlobs2] 07/8/2019 09:14

Positivity starting to spread into the UK thanks to the Boris effect. Well done Boris a great start.

Keep splashing the cash. A new starting point of £500k for stamp duty. Free TV licences for all over 61's apart from MP's ;-)

[m4rtinu] 07/8/2019 08:00

Jugs seems to me to be a very loyal TW. investor and though sometimes over-positive always speaks from the heart and his insight into the industry is invaluable. He clearly gets great satisfaction from his work; which is rare.

It is possibly sad that his mentor may have died before enjoying his riches but his legacy of wisdom lives on in Jugs. MU.

And of course, each to their own ...

[gbh2] 07/8/2019 07:52

I enjoyed my working days but when a redundancy package was on offer with the prospect of consultancy contracts to follow, that would include Travel & All Expenses paid, what could I do but seek out my passport and say Thank you :)

As for how we develop our Share Trading interests, my first punt was with half my redundancy cash, Pace Micro at 50p a share, when they hit a tenner within two years I guess my way forward was established.

imo we can study all we can about this game, but in the end Luck plays a big part because those that drive these markets do it for themselves, anything we PIs make is purely incidental.

[garycook] 07/8/2019 02:42

Some good posts here ! One of the best threads on ADVFN.

[lord gnome] 06/8/2019 22:10

Interesting post JUGEARS, but I do have to ask, what is the point of investing at all if someone is going to live a meagre life and not live to enjoy their successes?I always take out a portion of profits along the way and make sure I enjoy what I have made. Sell a few shares, take profits and enjoy life. Dividends are for regular income, capital gains are for the nice things in life.