Taylor Wimpey Share Discussion Threads

[purplepelmets] 28/11/2019 08:33

Bwy is ex div today hence the drop

[craftyale] 28/11/2019 08:26

Another good week for TW. I wonder if we will break 180p by Friday? I see BWY down over 2% this morning. Returns for TW. (Including Divs) 5yrs 94.2% 3yrs 55.7% 1yr 40.4% 90 days 23.7% 30 days 4.8% and 7 days 3.0% :)

[marksp2011] 27/11/2019 17:22

BWY + 1.5%
BDEV +2.3
PSN +1.1
BVS+2.4

TW a tad down

This is certainly the unloved one.

[craftyale] 27/11/2019 09:33

Taylor Wimpey's a winner – here's how to play itBy: Dr Matthew Partridge19/11/2019 Newly built homes by Taylor Wimpey © Getty ImagesBricks and mortar are delivering strong results for Taylor WimpeyHousebuilder Taylor Wimpey pays a generous dividend and the shares are cheap.The UK housing market has slowed sharply over the past few years. Depending on which index you use, national house prices are either increasing at a low year-on-year rate, or they are flat. This means that once you take inflation into account, they are starting to fall.The situation is even worse in the capital, where prices are starting to go down in nominal terms. Still, just because the housing market has come off the boil, it doesn't mean that you can't make money from building houses: one of my most profitable tips so far has been Bellway. However, it's not the only homebuilder worth looking at.Taylor Wimpey (LSE: TW) has delivered some very strong results, with sales nearly doubling from £2.3bn in 2013 to £4.08bn in 2018. It is expected to continue growing over the next two years, helped by a large bank of vacant plots, equivalent to around five years worth of construction. This should allow it to meet future demand.It's important to note that most of the vacant plots that it owns are in the North, Midlands and south west of England, where prices are still rising in real terms, rather than in London and the south east, where the market is weakening.A juicy dividendTaylor Wimpey has also used its resources efficiently, generating a consistent return on capital employed of around 20%. This is important because it has allowed the company to satisfy investors by paying an increasing dividend while still reinvesting enough cash to keep the business growing.It has raised the dividend more than tenfold, from 0.69p a share in 2013 to 7.6p last year. The payout is expected to more than double to 18p this year, marking a 25-fold rise from 2013 and producing a prospective yield of 11%.These projections may prove overly optimistic, since the dividend would barely be covered by earnings at that level, but even the current level of 4.1% looks attractive.Indeed, the most compelling reason to buy Taylor Wimpey shares is that they remain very cheap, trading at just over eight times 2020 earnings, perhaps because investors are overly worried about the future of the housing market.While some of those fears may be justified, there seems to be a lot of pent-up demand in the market, with a general acceptance among politicians that more must be done to make it possible for first-time buyers to get on the property ladder. That is becoming easier anyway now that houses are becoming more affordable amid softer prices and rising wages; note too that mortgage payments as a percentage of average wages have been improving for several years.I therefore suggest that you go long Taylor Wimpey at the current price of 172p. Consider betting £20 per 1p, compared with IG Index's minimum stake of £1 per 1p, putting your stop-loss at 127p. This gives you total downside of £900

[m4rtinu] 27/11/2019 08:33

Highest share price for 6 months. Is the market seeing the election as win-win for Wimps?

[2solaris] 25/11/2019 17:28

tibs2. That's not very nice, after all she only has her fingers to count with as she hasn't worked out how to use an abacus yet.

[m4rtinu] 25/11/2019 14:43

Thanks for comments from both sides. I would hope DA has been kept well away from the number crunching this time.

[tlobs2] 25/11/2019 14:12

Thankfully none of Corbyns plans will come to fruition.

He hasn't a hope of winning the election after he released his monstrous spending plans all costed out by Diane Abbott.

[eeza] 25/11/2019 13:42

The DM's take on Corbyn's housing plan.

[hernando2] 25/11/2019 12:00

The real cause of rising house prices and with the knock on into the cost of renting Imo, is cheap money for 10 or so years and no prospect of rates rises anytime soon. Carney said not so long ago we would not see5% in his lifetime and i believe him.

This has also led to many people buying second house to rent out to try and get some sort of a return on their savings.

We need higher interest rates.

I have 10 or so close relatives in their 30's and i have friends around me also inter 30/40's.

All of them have what I would call a huge mortgage , say 300k and up to 700k, but they pay less than 3% and some less than 2%.

I had a 10 year fixed at 12% and had to buy my way out of it. My loan at the time was 130k.

I keep telling them overpay , as soon as you get a pay rise or you re-mortgage for a lower rate...overpay!!

8th wonder of the world.

On the net rise in population that does increase demand, the divorce? separation also has big contribution , in my street in the last 10 years out of 24 households there have been 6 separation and all went from one house to two houses.

[cb7] 25/11/2019 11:46

Of course JC (Corbyn not Christ), like the other 99% of MPs will conveniently forget the other half of any housing analysis.... demand. Our population rose by 4.5 million in just ten years, (excludes temporary migrants and illegals) and this was the real cause behind rising rents and a housing shortage.

[jugears] 25/11/2019 10:29

50000 may sound a lot but divide 50000 homes by the number of developments around the uk & that is not many per site 5-10 maybe?

[gbh2] 25/11/2019 10:27

It was the Greedy Councils that sold off the majority of affordable housing, to fund their avaricious Pensions, bonuses and salaries.

[marksp2011] 25/11/2019 10:18

eeza

Any mention of how they will stop the teachers and nurses from selling them again - isn't that why we are so short of social housing today?

[eeza] 25/11/2019 10:14

From today's Guardian re Labours housing plan.

"

Jeremy Corbyn will be in the East Midlands today talking about the housing crisis, as Labour prepares to announce a plan to compel property developers to meet the costs of building at least 50,000 discounted homes as part of a package of measures to help renters and first-time buyers.

The shadow housing secretary, John Healey, has drawn up proposals to allow local authorities to use the planning process to force developers to build a certain number of properties to be earmarked for local first-time buyers.

These would be sold at a discount of up to 50% on the local market rate, with the size of the reduction dependent on the gap between earnings and house prices in the local area – and the local authority could choose to target them at key workers such as nurses or teachers."

[lord gnome] 25/11/2019 09:17

One lot wants a return to the 1950s, whereas the other lot wants a return to the 1970s.

[m4rtinu] 25/11/2019 09:12

To paraphrase Disraeli: there are liars, damn liars and politicians!

As some of you guys know the industry, I am content to take your words on the Labour housing dreams being unachievable. With the Tories, the clue is in the name CON-servatives. Their pledge yesterday of 50,000 nurses is being pulled apart.

It is a sad indictment of democracy that we can be faced with a choice of 2 leaders who very few like as a person. Even worse in USA where they had Trump or Clinton.

[phillis] 24/11/2019 17:50

I am sure we all feel sorry for you

[jugears] 24/11/2019 17:50

Gbh2 my thoughts exactly, marks no choice for me its Boris all the way .

[marksp2011] 24/11/2019 17:33

Kinnock wounded Militant. Corbyn has fostered Momentum, and been fostered by them. Momentum don't care if labour wins or loses as the struggle will go on and they will continue to hold the wage earning jobs in the labour/union movement as they lead the struggle against capitalism.

it is sad really

I am faced with an election choice that boils down to "None of the above".

One group without a moral compass clamouring to return the country to the 1950s and another group who really regret not having been on the jarrow march who are more interested in LGBT rights than they are in economics.

[wfl1970] 24/11/2019 10:47

Good example gbh.

There's a sting in the tail to this current situation in my view.

[gbh2] 24/11/2019 08:51

I think the Council has much to answer for!

Why grant permission to build if they'd no intention of supplying future residents with the maintenance of every day amenities, odds on those residents are paying Council tax, if I were them I'd be chasing my local MP to find out why!

[jugears] 24/11/2019 08:26

That's what happens when you buy 0n the cheap & use a cheap solicitor who doesn't explain the red tape, it amazes me in this day & age of the computer why people dont do thee own research it's all on there!