Taylor Wimpey Share Discussion Threads

[speedsgh] 27/2/2020 09:41

FWIW...

Taylor Wimpey fighting to keep margins, says AJ Bell -

House builder Taylor Wimpey (TW) has taken a ‘big step back in margin performance’ in its full-year results as costs increase and property prices stall, says AJ Bell.

House builders have benefited from low interest rates and the government Help to Buy scheme for years but now increased build costs and stagnant asking prices are ‘inevitably having an impact on levels of profitability’, said analyst Russ Mould.

‘Taylor Wimpey doesn’t appear to be willing to give up 20%-plus margins without a fight,’ he said.

‘This means tight control of the purse strings but also a reduction in volumes to better capture volumes.’

Mould said any cost cutting must be balanced against build quality but its strong cash position means ‘continued generosity in terms of returning capital to shareholders’.

The shares fell 3% to 212.4p yesterday.

[jugears] 27/2/2020 07:39

Cleaver approach if your not meeting supply & demand those houses you are building will go up.in price, I can see all the builders doing this.

[jugears] 26/2/2020 18:37

1 NHS, The mirror, that says it all really, Stories sell papers its probably suckers like you that buy them, Just take the Express for example I don't think I have ever seen a true story in that paper.

[jugears] 26/2/2020 18:34

Not many kitchens fittings come from China, Most are made in Germany, Most uk firms, like Hafele have probably got a good 12 to 18 months stock so don't see that being a problem & don't see the uk being short of electrical items either we have warehouses full of the stuff,It does surprise me where people get there stupid ideas from. Everything I have ever owned from china has been very poor quality, It may surprise you to know just how much stuff the uk do actually make, Not everything comes from China!

[1 nhs] 26/2/2020 18:28

1 NHS26 Feb '20 - 18:24 - 743 of 744 Edit
0 0 0
This is why I’ve been posting day and night to help others be prepared

[dr_smith] 26/2/2020 17:44

I see CV as possibly hitting workforce, some may have a few weeks off work. That is inconvenient but no great shakes.
Then there is supply issues due to CV.
I'm thinking electrical and kitchen fittings, so stops elecricians and fitters from doing planned work and will delay sale of what might otherwise be a completed house.

Even if such items are UK made, they may comprise some components from say China.

Overall, my expectation is HB's are one of the least affected sectors.
I would likely see this as a buy opportuity, but already have way too much % wise in HB sector.

IMO
Dave

[eggbaconandbubble] 26/2/2020 17:17

Good to see Robert Noel Non-Exec buying 36,000 shares at 211. Think I might follow his lead and top up myself.

Re the CV and I'm no expert but my hunch is that the authorities know it will eventually spread all over the world. Their quarantine actions being done at the mo are just to delay matters so everyone can get ready for the inevitable.

[craftyale] 26/2/2020 14:34

Sold some on the way up. One of my buy backs triggered today at 210. Others waiting at 205 and 199. We shall see, bigger things are a foot for now. If it gives me more entry points that would work. If not there seems to be other bargains appearing.

[wfl1970] 26/2/2020 14:15

They've had a good run since October... It wasn't going to carry on indefinitely...

[gbh2] 26/2/2020 14:09

Judging by the SPs in the rest of the Housing sector, the money men don't like something in today's results.

[inaminute] 26/2/2020 13:44

Just filter or the muppet gets off on it

[gaygay3] 26/2/2020 13:17

NHS are you for real what planet you on

[1 nhs] 26/2/2020 13:09

There are now more new cases of the coronavirus reported each day outside China than inside the hardest-hit country, the World Health Organization said on Wednesday.


YES BECAUSE WE HAVE KNOW FOR MONTHS CHINA HAS BEEN LYING THROUGH THEIR TEETH

[1 nhs] 26/2/2020 12:46

Going one way

Governments and companies are a few weeks away from defaults

That is the end of the free money

Houses will come back from £300,000 towards 2x average wage of £30,000

That wage will half as well .

The game is up.

Look after friends and family best you can

[riley109] 26/2/2020 12:15

I think this is what the H stands for,
Halitosis is the medical term used to describe an offensive odor that comes from the mouth, producing bad breath. A number of causes may be responsible for this condition, notably periodontal disease, a disease resulting from bacteria in the mouth. Bacteria is also associated with plaque and cavities.

[riley109] 26/2/2020 11:51

NH1 Whatever it is is posting rubbish elsewhere press the button.

[gbh2] 26/2/2020 11:43

LOL Prefabs are back in fashion, in Zambia :)

[dr_smith] 26/2/2020 11:35

"Whilst volumes for 2020 are expected to be slightly down on 2019, our factory approach to build can drive faster and more controlled growth which can be scaled up to deliver increases in volumes and cash flow on existing assets"

What is this "factory approach"?
Is it literal?
I can't recall if it's TW that bring in massive pre-made roof trusses.

[jugears] 26/2/2020 11:03

Well I won't be worrying unless it comes knocking on my door!

[gbh2] 26/2/2020 10:19

If nhs is on about CV Seek worldometers.info/coronavirus/ for a look at official figures