Taylor Wimpey Share Discussion Threads

[gbh2] 28/2/2020 13:46

Futures, DOW down .75% atm

[martyn9] 28/2/2020 13:20

JUG, could well be a possibility knowing how fickle they are !!

[martyn9] 28/2/2020 13:14

Interesting to see what happens to the market when the usa opens today.

[gbh2] 28/2/2020 13:08

Part time troll full time idiot!

[jugears] 28/2/2020 12:47

1 NHS what job do you do

[1 nhs] 28/2/2020 11:40

12 weeks ago this virus appeared

6 weeks ago we ALL witnessed China.

Today we have the virus worldwide

In six weeks time we will have a massive amount of dead bodies to deal with (;A larger issue than the deaths)

The world has drastically changed and yet 99.9999% of those on earth can’t see it yet

[dr_smith] 28/2/2020 11:37

Jugears. Thank-you for note on TW work increase at 10%.

Reading HB's forecasts, circa 1-2% t/o increases expected, but probably stated conservatively before post brexit/election confidence factored in.
HB's I believe don't want to expand much, to avoid boom and bust and concentrate on margins, efficiency, off-site build prep etc.

I'm not epecting any great shakes, more steady as she goes, which is much better than most sectors - with or without CV.
IMO
Dave

[gbh2] 28/2/2020 11:36

I've upped my holding 20% this week, the Dividend is too good to ignore imo.

[spcecks] 28/2/2020 11:35

I need the dividend income so will not be selling.

[gbh2] 28/2/2020 11:35

UK house prices accelerated to its strongest levels since July 2018 this month, according to Nationwide Building Society.

Values rose 2.3 percent from a year earlier, and gained 0.3 percent from January alone.

Mark Harris, chief executive of mortgage broker SPF Private Clients, said: "There has been a shift in sentiment among buyers and sellers following the election and more certainty with regards to Brexit.

"Activity has noticeably picked up and with all lenders keen to do more lending this year, there should be plenty of attractive deals to attract buyers. There is more positivity than we have seen in a while, which bodes well for the traditionally busier spring market."

[1carus] 28/2/2020 11:26

Looking at the red numbers every day this week could make you weep, but most of my holdings are down to Sept 2019 values... so not actually that bad tbh. We have had a good run in the last 6 months and we have just lost most of it and a bit more. The market is pricing in a bad outcome for CV, if it doesnt happen things will quickly return to normal. For me, I have been bed and breakfasting shares into ISA's over the last few years and have several more years of doing that, low share prices will help me do that quicker, so every cloud has a silver lining. Not really been buying shares for several years, other than reinvesting some dividends, just trying to build a bigger cash position for outcomes such as this. The summer should put a natural stop to CV at least in the northern Hemisphere. In some ways it is lucky that the outbreak is quite late in the winter. I am tempted to buy stuff like LLOY but have way too many as it is so I might just hold and watch.

[gbh2] 28/2/2020 11:20

Bloody hell jugears, hope you're not running around with the headless chickens, all weekend ;)

[1 nhs] 28/2/2020 11:14

0 0 0
12 weeks ago this virus appeared

6 weeks ago we ALL witnessed China.

Today we have the virus worldwide

In six weeks time we will have a massive amount of dead bodies to deal with (;A larger issue than the deaths)

The world has drastically changed and yet 99.9999% of those on earth can’t see it yet

[jugears] 28/2/2020 11:12

was in wales on Tuesday

[gbh2] 28/2/2020 10:55

Three new cases of cov19 in Wales, thanks to visiting Italy, so I suspect we'll be seeing renewed panic in the new papers that'll feed into the market!

[jugears] 28/2/2020 10:53

gbh2- I think you are wright we have priced more work in the last 6 months than in the last 4-5 years & we expect flood work around the uk to double this, Even if only a small percentage goes ahead then that will be a lot of work, The weather has had a major impact on construction but then it has been raining since last summer.I know that the CV is not good news worldwide but could be for British manufacturing, Some of the large clothing retailers are talking to British manufactures again perhaps there is a lesson to be learned here for the future, Not to be so dependent on the rest of the world when we are more than capable of making our own quality goods ,they may be more expensive but are certainly better made than anything else in the world, Dr smith I have just looked at our forward order book covering the next 3-6 months & note that our out going to TW is about 10% up on this time last year, All the more reason for me to be picking up some more shares, also I talk to a lot of people on site & in the industry & confidence has increased in the last few months which has a major impact on my decision to stick with TW. But When to buy some more that's the big question will there be another week of decline next week & then a rally or will they start to rise next week who knows ? but either way I expect a good profit whether i buy at 1.30 or 2.10 (Long term of course).

[dr_smith] 28/2/2020 10:39

Cheers Jugears.

I was going to ask what percent of non HB construction is public spending, googling this is old but say 25% for rule of thumb going by this.
Bottom of page 5.
hxxps://www.trada.co.uk/media/3092/spring-2016.pdf

Given brexit/election and New year, HS2 etc, things could be different and more pro-active now...that's of interest to us at GFRD, so OT on this thread, but helps get context.

[gbh2] 28/2/2020 10:14

Construction is going to fly imo, once the weather picks up and repair work can be undertaken.

[jugears] 28/2/2020 10:09

House building is fine no lull there just general construction, we have sites that are 5 months behind due to weather plus an election didn't help but Dec/Jan & Feb are usually quite months.

[dr_smith] 28/2/2020 09:59

Jugears.
>construction orders have been dead for the last 6 months.
I am surprised. Is a winter lull usual?
Is your work tender based where maybe you have been undercut this time around?
Maybe linked to how close you are to ongoing development sites?
..or perhaps HB's hung back after building walls and roof pending Brexit outcome.
IIRC some builders delayed new developments pending Brexit.

For context remind us of your work.

[jugears] 28/2/2020 09:37

What we need is a week of sun to put everyone in a better frame of mind ! Where as I agree that the us market was in need of correction I do not agree that the Uk did as our markets were only just starting to move. fortunately I don't need the money for anything at the moment & have a very healthy forward order book courtesy of good old dependable Wimps & my other house builder customers which is good news because our construction orders have been dead for the last 6 months.

[gbh2] 28/2/2020 09:36

battue - Disregarding the unavoidable purchase tax my buy/sell costs are just £3 a trade so I tend to buy on drops of +3% which as we all with hindsight would have been more productive if I'd chosen a higher percentage.

That said I have increased the percentage each day, alas to no avail, we make our own choices and here we are :)