Wow you mean they may have to pay an extra 2.5k big deal,we'll not actually in the grand scheme of things it's a one off payment, Its not a buyers market either,still too few houses coming to the market.
Meanwhile TLY plunging.
Everyone has their own style of investing, mine works fine for me & has done for nearly 50 years & as I have only lost money on two shares in all that time I must be doing something right, I'm not out to make a quick buck , I'm here to make a serious long term return. What my kids, grandkids & future generations do with it is entirely up to them when I've gone. |
UH,
"There definitely are more houses coming to the market now though, which is the norm for this time of year."
Yes, I've noticed that as well.
It's a buyer's market though. It's the Stamp Duty changes which is driving current demand. I expect it'll fall soon after April, when SD changes, huge tax increases come in.
Jugears
"What do you call trading"
I mean, um, trading. You don't understand what trading means!!!! I trade, go short/long even though I don't need to. |
“ Tw on the other hand owe me nothing, not one single penny,”
Well done Jugs. Clearly you’ve accepted the loss since 169p. |
Question for the village idiot, Sikhthetech...
Was the UK average house price in Octoer 2018 lower or higher than in October 2024?
You went short in October 2018 and lost your shirt! Lol, just lol! |
 What do you call trading, I recently cashed in RR & then bought half back at a much lower price, I bought TLY for 15p & sold for 21p & I've sold once here, hardly trading is it, I can assure you that other than the sale here & TLY I have never sold any shares in nearly 50 years for less than 100% profit in any company, I certainly would not waste my time and effort buying & selling shares daily for a few pence profit, the same does apply to all my shares I add when the opportunity arises, I have income from cash in the bank, the sale of my business, property & a pension, dividends, plus wages currently for a few months from my old company so I don't have a need to trade shares, so are you saying then that you have held TLY for a long time & now you are adding more because you think the time is right? the problem is you have lost a fortune but can't see the writing is on the wall at TLY but others like me can, Tw on the other hand owe me nothing, not one single penny, dividends alone have paid for my entire holding here, All of my shares in my portfolio are in profit & that is because I don't buy risky shares, admittedly they have all had there moments over the years but that's investing for you, I currently see exceptional value here & will continue to add as I believe this will be one of the best performing stocks in my portfolio over the next 10 years. |
TW continues to build and sell houses at a reduced rate hence the fall in cash in the bank and the risk that the divi will get cut.
Unless there is a increase back to previous levels of building, then I fail to see how this stock can continue rise. Interest rate cuts may help, but with increasing unemployment, tighter lending requirements, increases in tax and peoples other costs going up, it's going to be difficult.
Where are all the buyers going to come from?
Demand is there, but affordability is the problem. If house prices increase, it just makes it worse! In reality house prices are not increasing in most areas anyhow. Anyone trying to sell a house in many parts of the county will tell you this!
There definitely are more houses coming to the market now though, which is the norm for this time of year. Are they selling quickly though? |
Jugears
Why not be honest?
You've traded shares, here and elsewhere. You claim you never trade only because the price has crashed but you do here and other shares and sometimes for a few pence...
"that is the beauty of holding shares for a long period of time & adding when the opportunity arises"
Adding when opportunity arises - Nothing wrong with that...You mean the same applies to any other share, inc TLY or do you have a different rule for TW and another for everything else? |
I don't trade, I don't need to, I am not losing money & haven't lost any money only on paper, but I would never consider selling any of my TW shares anyway as they owe me nothing & I see exponential growth here in the next few years, as you know with all the companies I buy shares in, I buy and hold for the long term, far better rewards &far far less risky than trading IMEO, its certainly worked well with 99% of my past investments so I have absolutely zero reason to change the way I invest.
As your are aware the only shares I have ever sold in TW were half of the ones I purchased at 98p (200k) which I sold for 1.80 (100k) more than half my holding were purchased at 30-37p in the GFC, all of which I still have & have returned over £1.20 in dividends alone, again all of which I have taken, even if Tw dropped to 1p my entire holding would still be in profit, that is the beauty of holding shares for a long period of time & adding when the opportunity arises, trading & shorting does not payoff in my opinion with over 60% of shorter's losing money!!!!! |
‘ there doesn't seem to be much of an affordability issue as far as I can see,“
Can you see your nose Jugs ? We are being taxed into the Stone Age, with food , services, rents, mortgages, all maxing out affordability and making headlines |
Lefrene,
Exactly. Companies making people redundant, people lose jobs then they can't afford to buy major items like cars and homes.
Snowballs. It also impacts other companies, like local cafes/restaurants as they also lose customers.
Labour are in power for 4+ years.
Trump is in power for 4years.
Policies from both are inflationary, so rates will stay higher for longer.
Trump is dangerous as he tries to bully other nations to fall in line with his views.
Labour and/or Trump are likely to cause uncertainty in the markets |
sikh, the other thing that seems to be happening is that small businesses are no longer hiring workers, and indeed laying off part-timers, which I guess will accelerate once they impose NI on part-timers earning more than £5k.
The working poor spend their into the economy very quickly, take that money away and trade will be hit very quickly. If the current morons remain in power, we should be in for the proverbial 'interesting times'.
We will still need to build houses, but how they get paid for and by whom, is another thing. If I had £4 billion to hand I sure as heck wouldn't be using it to buy this, or any other builder just now. |
Lefrene,
Exactly. Credit is drying up.
GFC mk 2 coming up |
Meanwhile TW continue to build & sell houses! |
Jugs the dealers used to love selling credit, much of their profit was in it, and wouldn't countenance cash, times have changed. I have always been UK based although I did for a number of years own a French hamlet called Lefrene, which I developed.
The BoE is cutting rates to try to keep all the plates spinning, because we all know inflation continues to climb. Trump will try to do the same in the USA for the same reasons, the whole thing went over the cliff on 17-9-19 when the NY Repo Market crashed. They had to throw $19.87 trillions into that black hole in just 16 weeks before they stopped reporting the figures as the mess just got bigger and bigger. But you don't need to know about that, just hide under your bed in case the deadly flu bug gets you! |
“ any reason why we are languishing below 1.60 & have bought some more shares today.”
The year high was 169p Bug. So it sounds like you are in denial? Maybe save some of those top ups for sub £1 ? Only 16p away now |
‘ Rightmove is calling on the government to give a temporary extension to the current stamp duty thresholds.’ |
Your 2.5K worse off whichever way you look at it, I wonder how many first timer buyers will spend more than 300k on there first house, stamp duty is a one off payment, of course you wont be saving any money though as house prices have risen since before Christmas so your actualy worse off than you would have been buying in September last years, a quarter point cut in interest rates on a 250k mortgage saves you circa 16k over its life time,we have now had three so that is 48K, I wonder what is the most important to a buyer, surely they are not all as stupid as you????? I think that since the last Three rate cuts the house market is now moving of its own accord & that stamp duty has very little to do with it & that momentum will continue after April, I can not for the life of me think of any reason why we are languishing below 1.60 & have bought some more shares today. |
“ Why would there be a rush just to save £2.5k at the most?”
Don’t be silly Bug |
Why would there be a rush just to save £2.5k at the most? Lefty I am buying a new car in March & the dealer didn't want cash as in pound notes, they wanted me to prove where it came from, It makes no different to the dealer whether you pay cash or have finance other than they make more money if you have it on finance, finance companies & banks are falling over them selves to then you money at the moment, perhaps if you lived in the uk you would know this??
Can I just clarify that the only portion of stamp duty that has changed is the bit between 125k & 300K, which is only back to where it was before, 1st time buyers don't pay any on the first 300k. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
