The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
More people leaving or about to leave than coming in.
Bricklayers on site get roughly 10-12k to build a 450k house!
Do you think that is to much?
Steal prices will fall with China not competing for every less pellet.
Granted energy costs is a huge factor in the cost of steal.
Barrett’s have been recruiting apprentice brickies and chippies.
Trades are paid as well as brain surgeons at the moment, but those days are coming to an end.
Jenny Daly
Sell on the 23rd of March
Wait for bad news on Cladding.
Price drops 5 percent.
Buy on the 11th of April
That shows real commitment.
Good dividend but not if your capital is eroding more.
Would doubt the markets will improve anytime soon while the full force of inflation is nowhere near peaked. Imo.
And BlackRock keep accumulating shares for next to nothing. Paranoid shortsighted investors afraid of WWIII, Covid, inflation, interest rates etc etc etc will just keep feeding the BlackRock behemoth with their shares at dirt cheap prices.
Reasonable divi?? TW is paying 6.7% and buying back it's own shares! Pop along to your local Nat West and ask them when they intend paying a reasonable divi.
One final "steady as she goes" update from Cap'n Pete and he's off into the sunset. Pity he hasn't taken up one of the vacant NED positions IMHO.
The markets hate Taylor Wimpy. A solid company with no debts paying a dividend in a solid market.
Yet the sp is stuck in a 128 -133 range no mater how good their trading is.
At some stage when the ii get together and decide to manipulate this higher it will rise all of a sudden then fall back and hopefully Ill be ready to sell. good luck all holders
If the markets dont like TW today, when will they like it. Cheap share, reasonable divi and a good order book.
Healthy increase in sales price of order book verses this time last year of ~£17k per unit ! That’s well over rate of build inflation. Let’s see what the market makes of it.
I think the trading update will be good, house prices have been rising, materials have gone up, at the moment labour prices (especially in brickwork) have stagnated!
I am not sure about the other trades.
I hope this might help
Thank You Lee21, seen the AGM, but missed the trading update part.
https://www.taylorwimpey.co.uk/corporate/investors/financial-calendar
Trading Update and AGM tomorrow.
I have looked at the calendar, cannot find any details regarding trading update tomorrow?????
likely another 20p to come off over the weeks ahead.
Is the market not expecting a good trading update tomorrow? Who is selling at this price or am I missing something? Anyway let’s hope it’s a good one tomorrow.
Amazing how BlackRock just keep picking up our shares on the cheap from paranoid short-term 'SELL! World's going to end!' investors. They've done the same at Persimmon as well.
Thank you both that’s great news and that’s news nobody can manipulate!
Keep in touch all.
This will turn soon fear factor will disappear from this sector hopefully.
Good luck all and have a great weekend
I work for company which supplies materials to all the major national housebuilders. The forward books across the HBs are very strong and they are reporting that new home sales demand is undeterred, despite the headlines about inflation/house prices/cost of living etc. Taylor Wimpey, from our perspective anyway, are continuing to progress with their site sales
Hi Ben, seems all Wimps units selling strongly in North West, with new sites opening.
Good morning All
Still building at a fast rate round east mids, all seem to be selling.
I went down to Suffolk at the weekend, massive building going on there especially around Felixstowe way.
So in my view all good, how about the other regions?
It will be good to hear!
Many thanks
Ben
They released another saying TW and Persimmon had little exposure to the cladding issue.
Barratt homes were in the dog house, because of flat builds in London.
See TW & Persimmon jobs all over Birmingham.
Last year article.
https://www.proactiveinvestors.co.uk/companies/news/940643/taylor-wimpey-upgraded-barratt-downgraded-as-jefferies-highlights-resilience-of-housing-market-demand-940643.html
Out of all the house builders, Taylor Wimpey offers the best value.
Sure, we will see a 3.5 percent central bank rate rise, but I can’t see demand falling much.
Tw. and Bdev not allowed to be blue.
Must remain in the red....the market is so predictable meantime on these 2 shares.
Cheers.