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hi Baso
yep, jumped too quick yesterday, selling at £1.66 but i called it right today selling at £1.74
im back in at £1.67 (seems crazy we are at £1.67 with those results, i expect this to re-climb)
GL buddy with your plan
back in 167.50 10,00 shares, hoping to sell today/tomo @ £171 (auto sell set)
MM's are playing games.. enjoy them
We need PE to show an interest, then the market will suddenly realise the true value in TW. I have held here for 3 years and reinvested the dividend - and I could have made the same gain in a bank savings account. Given that these are supposed to be in good times for HBs, I’m not holding my breath for any great improvement over the next 3 years.
The SP is so undervalued. Crazy.
shame you sold at 1.66 jonnie5x .. the results was going to be good to very good . just alittle longer wait .... ;-(
totally agree RogueRiver
this sucker could finish 166 or 176 today (lol)
market feels against builders in my open, and never fight the fed
(the dow is controlling this ride)
TW could gain the contract to rebuild the world - and the sp still wouldn’t go anywhere. Expect any gains to have evapourated by the close of trading.
i sold my other 10,000 at 174 to cover yesterday loss, so i've made like £35 after selling 20,000 in total
(not my idea of a win, but neither a loss)
GL all
these are great for divi hunters and it is clear that the next 2-3 years will be mor of the same - expecting sp to rise steadily over next few days.
Johnnie
Get out 175
169p
I’m sat on 20,000 of these I bought about a month ago
.. since then they dropped in SP (like the day after I bought lol )
Hoping to get chance to sell & Start day trading again
Agreed riolto, TW has had a habit of dropping after news whether it's good, bad or as expected. More important to ride the current rise into results day, then hold tight & hope for the best. As you say, it's the outlook that the market will respond to, the HY numbers are largely factored in already. IMHO anyway.
Sometimes the opposite happens good results the SP goes down bad and they rise most of the time its not the results but what is projected for the future that the market looks too.
Thanks Wigan, that's a very helpful summary. It'll be interesting to see how it compares with the actual numbers, but closer than most I suspect!
At the moment the problem is building them, not selling them. Given the drag caused by supply chain and in some cases labour, Wimps will not deliver "best ever" build rate for the first half. Also, they won't deliver best ever profit. Current year end consensus (including Spain) is to deliver ~ 13900 units, revenue of ~ £4.1bn, pre tax profits of ~£740m. However, they will take an exceptional cost of ~ £135m for the fire cladding issue. Now, if all goes well re COVID they may just better these numbers, as is the generally accepted practice. Next year will be when Wimps should start to motor as they will have more smaller sites opening and working capital will have re balanced to a more normal profile.
Results will show best ever build rate for TW and profit. Caveat with the news will be raising costs and difficulty around sourcing materials and labour. I don’t think the price will change much. If there were no threats over the next 6 months think it would jump a bit. Sorry to be a negative nelly.
Seriously though, I'm hoping for solid numbers on current trading and viewings with forward-selling holding up. Watch out for any signs of increasing cost pressures and the impact of labour and materials shortages. I'm not expecting any indications on the special dividend, they've already said they'll confirm at the FY rather than HY results.
I think if the results are good the SP will improve and if they're not so good it will drop.
I think we'll see a sight rise, but nothing major. I don't imagine the announced divi for November will be higher than the May one. It will be interesting to see if they give any guidance around what a special could be next year
What are the thoughts on how the results could affect sp on the day and afterwards?