Taylor Wimpey Share Discussion Threads

[gbh2] 04/2/2020 08:32

Didn't take long to quell this mornings increase, ftse doing well so I guess we may see 220p hold.

[makinbuks] 03/2/2020 12:05

Wise words on the construction market (excl housing)totally agree. I was in Balfour Beatty once and did OK because of the Pfi investments they made but generally it only takes one bad contract to wipe out ten or more good ones

[jugears] 29/1/2020 16:14

At 1% margin you don't need much to go wrong to start loosing money, You would be surprised at the amount of companies that phone me for a price & then are shocked because the estimator has guessed the price at tender stage & hasn't put anywhere near enough money in for the job.

[wfl1970] 29/1/2020 15:52

You can be sure someone will be making a profit... ;)

[jugears] 29/1/2020 15:28

Its alright winning work its making a profit out of it that's the big issue.Construction margins are being squeezed to the limit this is evident by the amount of companies going bust recently.

[dr_smith] 29/1/2020 14:29

TBP:
I am open to relevant suggestions, but do not do see any positive in their own narrative:
Trading uppdate 16/1/20

"The work to re-shape the Group continues through the careful execution of our strategic priorities and efforts to significantly reduce the Group's cost base. The Group is performing in line with our expectations and we continue to win work from our customers."

They talk of disposals and closures and "..we continue to win work from our customers."
They are not saying work is increasing, or expected to increase, they just seem grateful they are getting some work whilst in a downward spiral.
As a business I do not see anything positive.
With EPS at 44p and share price at 82p it could be worth a punt, but there are no positives in their own narrative to justify even a punt.

I therefore wonder what sort of person would make such a reccomendation.
My unease increases in looking at the focus and duration of posts to-date.

IMO

[jugears] 29/1/2020 13:55

My opinion- Kier I have been in the building industry for 40 years & wouldn't even work for kier let alone buy shares in them, very high risk as is the whole of the construction industry at the moment (excluding housing) Superdry IMHO has had its day very expensive & Items I have bought were not very good quality, Stick to primark an exceptionally well ran company that will be around long after I have gone.

[thebiggerpicture] 29/1/2020 13:17

If you like TW., have you considered KIE? It's results are out March 5, and this could be a good entry price.
One of two recovery plays - videos below.

Kier
Kier and the short squeeze: hxxps://youtu.be/rU3Wjvvk8vk
Whats going on with Kier: hxxps://youtu.be/Qypa47llJ2o
Kier living sale: hxxps://youtu.be/eFE08Y_Az0g
Kier and debt: hxxps://youtu.be/CPQfiRL7W4o

Superdry
Why I am long Superdry: hxxps://youtu.be/VzzIZQRNA0E

Please leave any likes or comments - especially if you disagree, much appreciated.
Any requests for videos will be considered.
Next video something like "Are you in the right asset class? How to make more from property investment than the stockmarket."

[arja] 29/1/2020 09:59

all quiet on the western front today so to speak. Not good for traders and best for us to focus on FX trading , especially cable , as plenty of volatility and quick trades !

[gbh2] 28/1/2020 11:02

Agree the lack of any institutional charges and rule changes suggest that the manipulation continues to this date!

However I think the outcome for the lad that brought it to light is fair given his main interest was simply beating the system utilising methods he discovered were already in play.

[gbh2] 28/1/2020 09:31

Shows what we PIs are up against & why we're generally behind the curve !

[disneydonald] 27/1/2020 13:58

We’re not going to know how serious the outcome will be from the corona virus anytime soon. Initial assessment will likely show rapid acceleration in confirmed cases from low initial base, before plateauing out. Press will likely jump on initial acceleration (scaremongering) and market responds accordingly (downward slide). May take a few weeks before normal service resumes.

[arja] 27/1/2020 13:44

dow chart suggests it could fall another 1000 as worst case scenario. So all depends on this Corona virus I guess as trump will not be removed but the crook deserves to be !

[arja] 27/1/2020 13:38

almost every stock hit today as dow futures plunges but a few utility stocks have held up for some reason - they have good looking charts !

[clarky5150] 27/1/2020 12:58

So that's what happened to Ozzy on this tour. No wonder all the dates got cancelled.

[purplepelmets] 27/1/2020 10:37

Who the hell cancels buying a house in England cos some nutcase on other side of world got sick after eating a bowl of bat soup?

[dr_smith] 27/1/2020 10:31

HB's are down it would seem on fears of Chine virus - according to BBC website.
All co's tarred with same brush.
Snowfall would have greater affect on HB prospects but share price wouldn't change for that.

EZJ could be seen as a more direct hit for travel (be there bans or passenger gear) yet are only down to 5%.

Personally, for HB's, I think it is more to do with Monday morning selling and perhaps some profit taking from recent highs.

[gbh2] 24/1/2020 13:24

G'afternoon Dave, Nice share price upon my return from lunch:)

Re my selling, my TW holding is a more rational percentage of my portfolio today.

I try not to over think my moves, yesterday two companies I watch were down over 1.5% just because it was a bad day on the markets, whilst TW was toying with a 11% increase so the move was simply a rebalancing & profit taking.

That said today one yesterday's Dogs is up over 4% and the other over 3% on my purchase totals so they may well go early next month if I return for TWs full year results.

[dr_smith] 24/1/2020 10:54

gbh2. I'm pleased you said only "a few".
All:
ATH implies summit, good tim to sell, but these are ..or were..exceptional times with 2 years of Brexit fog clearing. To sell and miss out on
1) Recovery bounce and
2) New optimism for future would be annoying and mean return for pain not maximised.
Top can only be guessed, but at present the increases are still 1-2% (not near flat) and across all builders, so adds comfort factor.. though market turns frequently look like top of everest retrospectively.

Yesterday was flat for most shares and FTSI up 1.69% today, similar to HB's and glimpsed comment on "This is money " "UK stocks jump 1.3% as China virus fears cool" but BBC home page doesn't read that way to me from strap lines.
Other world indices near flat, so todays increase isn't carry across from them.
Aha.. PMI survey just out.. "UK manufacturing and services saw their best month for more than a year in January, a survey has suggested."

The other metric of course for sell at ATH or not is plan B for cash if sold. As said before, I'm struggling to find FTSI 350 with better prospects, so gbh2 "bad dasy" share sounds like a wise choice when having forward confidence.

Good luck tempered with wisdom to all.
Dave

[gbh2] 24/1/2020 08:00

I also sold a few yesterday +10% profit does it every time, cash went straight into another holding which was having a bad day ;)

[arja] 24/1/2020 07:43

crafty ale,
in history terms , what happened years ago as I notice looking at long term chart that TW hit about 20p after a steep downtrend ? chart now appears to indicate that more to go with this stock .

[craftyale] 23/1/2020 17:53

Anyone commenting on TW. should be familiar with the special dividend history. Anyone commenting on themselves and their success should understand the concept of an anonymous bulletin board. Two of my limit sells triggered at 220p today. My core holding remains. Over the coming weeks I may reenter with todays funds. I haven't quite got the grasp of predicting the future. GLA however you 'skin the cat'.

[dr_smith] 23/1/2020 17:32

It's fun to watch the ATH's at the mo' amongst the builders.
TW had another ATH today 220.2 intra day and 218.9 at close, 1.16% up with most peers and FTSI in negative territory.
I'm not a chartist (as in using charts to predict future) but looking at share price over 5 years we are merely in normal territory now, or better (norm, say 180-200) coming back after dips resulting from Brex..zzzzzzz..slap..sorry phased out... ;-)

Also, on my calcs, taking forward EPS relative to sp, TW is currently the most attractive builder.
IMO :-)
Dave

[arja] 23/1/2020 12:36

1carus,
interesting system and glad it has worked out for you . as a believer in charts I
usually make more money when buying a stock which hits all time higher as a trend in
motion is hard to stop . But of course I try to buy on intraday weakness . I see TW. recovered well today and outperforming some other building stocks .