Taylor Wimpey Share Discussion Threads

[wfl1970] 06/10/2019 19:22

I wonder what the space in question was...?

[turvart] 06/10/2019 10:08

At the current share price level looking from an investment point of view to next years Divi I would consider that there is more upside than downside and this level in my opinion is a major buying opportunity.

[riley109] 06/10/2019 09:20

What about Galliford Try and Redde.

[dr_smith] 05/10/2019 14:27

WFL. Yes.
It says "despite" but "due to" would probably be more accurate.
When protecting your own interests you don't take advice or reccomendations from an interested party.
That is likely the default for those of us generally astute.
If we imagine lovely Mums, who are not so savvy, you would hope there is still protection.
I haven't heard of any sol's commenting to clients on adverse conditions in contract etc, though maybe the clients that listen walk away - or have onererous clause deleted, so don't come to attention of media.

If someone has taken on sh*t terms, then if solicitor warned them and they chose to ignore, tough titty, but if solicitor didn't bring such clauses to attention, then that is case for lega case against solicitor.

I reckon that must happen, but don't hear of such claims. To take legal folks to court likel needs money and time and un-necessary worry, so not done for those sort of reasons. If anything, that is the weak link here and where Joe public likely needs a helping hand.
If house buyer is in the sh*t through bad (or lacking) advice then gov to ensure recourse is easily available to that house buyer.

Haven't really thought about my next comment before..but maybe a code of practice, a standard, lets call it "NCC", No Cowboy Clauses, where such items as escalating rent and unscrupulous third party management co's are precluded.

Builders say they use "NCC" approved contracts as badge of honour.

Similar to consumer credit act to protect masses, but for property. Could be managed via land registry.

IMO
Dave

[wfl1970] 05/10/2019 13:59

The whole leasehold... and freehold (!) issue is a very large can of worms... One day, it will be opened.

The worrying bit is...

"Despite using a solicitor at the time, who came recommended by the developer Persimmon, she says only now is she finding out about more than a dozen restrictive covenants placed on her home,"

How many other developers have followed the same procedure...

[maxidi] 05/10/2019 13:41

Interesting.
Our eagle-eyed Current Affairs Correspondent, Oliver Down exposed the other day that Jo Swinson’s Husband Duncan Hames works for an organisation called Transparancy International which is an ‘anti-corruption’ charity. It has received millions from the EU over the years.

Now the team have also done a forensic analysis of their accounts and can reveal that they also receive money from ‘Open Society’ which is funded by none other than George Soros.

They openly publish this on their website but the main issue we have is that surely Jo Swinson and her husband have a financial interest in staying in the EU. Why is she not questioned on it by the media, why does she not have to declare an interest yet Boris is slammed for the silliest little things? The hypocrisy and treachery of the media knows no bounds.

[dr_smith] 04/10/2019 13:30

Hi Mark,
It does seem building levels are being maintained, to avoid expanding to fill void, only having to scale back later at likely higher cocst, so I see strategy as wise for longer term.
On disposable income, if they don't buy, it's either stay with Mum and Dad or rent, so bigger demand on rental market, so more demand from BTL / landlords, or possibly more homes in form of multistory/blocks etc, hopefully though higher spec than tower blocks of old. Expanding population has to live somewhere.
If HTB isn't there, each party will strive to oil the housing industry, so rules may be changed or other assistance replaces it.

I therefore see builders, in place of ploughing profits into expanion, giving periodic special divs.

All IMO. :-)

>there are better total return options than the housebuilders.
5 years ago my folio had a good spread, now I struggle to find non-housing shares with good return (Div and/or cg).
I avoid mines/oil/gold as politics make them too unpredictable, but curious what other options you see.

Dave

[jugears] 04/10/2019 13:11

Well let's hope your right on somthing

[marksp2011] 04/10/2019 12:49

I am not sure it is a no-brainer and I say that as a current holder.

If they can keep level from here, keep a great yield etc.... there are better total return options than the housebuilders.

I think most of the builders have declared that they are producing at the level that fits their business so you would expect things to bump along from here maybe with a big thump when HTB is finally withdrawn.

yes lot of people need houses but lots of people dont have the disposablle income to buy one.

I expect little more than steady state and the HBs becoming a quasi utility.

We will see.

[jugears] 03/10/2019 16:28

gbh2- its a no brainer for astute investors like me & you.

[gbh2] 03/10/2019 16:07

Picked a few more but run out of spare cash atm !

[disneydonald] 03/10/2019 14:44

WFL. Just like a bouncing ball, each bounce expends energy and you get a lower high. As energy is expended gravity gets the upper hand and the ball lies still at the lowest point. Until someone picks the ball up again to restart the process ... someone needs to pick the Wimps ball up. Until that happens we are likely to become becalmed at the lowest point.

[wfl1970] 03/10/2019 14:04

Each time there's a recovery...there's a lower high.

[baracuda2] 03/10/2019 13:44

Just bought more, overdone yet again!

[jugears] 03/10/2019 09:40

Gbh2- no it probably didn't help but yesterday & today have certainly helped me pick up some more cheap shares.

[gbh2] 03/10/2019 08:56

It was published yesterday and the point is, that even IF it didn't add to the negativity it certainly didn't help to avoid it.

As I've touched on before, I also have links to a building business down in Northamptonshire and it's work load is still healthy, but that also didn't help with the Negative attitude that the Money men have adopted about this sector.

[jugears] 03/10/2019 08:41

Gbh2 Old news & not very accurate as it doesn't take in to account all purchase managers, my company is flat out at the moment until March next year.

[jugears] 02/10/2019 20:54

Best part for me is that I get more shares for my dividend when they fall so end up with a larger payout when they rise again.

[gbh2] 02/10/2019 20:35

Worst case scenario imo is that I have to wait until the Next Special dividend for the share price to be approaching 170p again, which will leave me with a decent profit, best part is tomorrows Divi cash is in the bag and for me the icing on the cake.