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A little perspective.....
Currently at our highest share price in over a decade, and in all honesty I only see an upside. If the US get trade deals tied up, there shouldn't be any really threat to our sp now brexit appears to be done.
We live in an age with an unprecedented demand for housing, high population growth and interest rates at nearly zero! If outside factors can be removed i see £3 by the summers special divi.
Hi Nige,
Agree and it's impossible to determine how many are going to get on and off at each floor while others are forever trying to reach a lower floor. Hopefully, shouldn't be a problem here as long as feet are kept firmly on the ground.
ATM, it appears Asians are avoiding lifts as virus risks mount.
BoL
Hi Troubles
Ceilings are a deceptive concept in a lift, it has one but in a few seconds you could be hundreds of feet higher than you were. From Sp movement it is possible you can make an estimate of end of week price (barring disasters), but hopefully a driver is pushing the price up (Revaluation of Builders by the Market). That is the lift, but could be a very slow one!
Doesn't really matter to me cos tw should be about 550 (and all other builders a similar increase), but the best idea is to invest in value.
Still move a float about between them, which I reckon could inc profits by up to 20% over Ltbh.
BoL
Spot on RR - with an allowance for a bit of headroom.
ATB
Okay troublesome. As it's the difference between the floor and the ceiling, let's make it feet and inches.
Hi RogueRiver,
Did you mention mileage - not sure whether that's allowed here.
Ceilings and floors are O.K. though.
BoL
House prices are up 2.3% on the month. Interest rates are likely to fall, making mortgages even cheaper - and savers are going to be looking for alternatives to woeful bank savings rates (i.e. high yielding FTSE 100 shares in reliable companies). I think there is still quite a bit of mileage left in the TW SP.
Every ceiling reached becomes a floor and one persons ceiling is another persons floor.
GLA
You are very welcome :-))
Thanks TomE & Nige_W, much appreciated... like you say I can't see 533p anytime soon, but worth while holding out for a few more pence yet :-)
Hi Rawson
One way to calc Sp is by deciding on a justifiable Per, so Sp = JPer / CPer * CSp.
Builders are massively undervalued now, but no doubt this will eventually be realised and the JPer will be reached.
Just find companies with similar fundamentals (Profit, Margin, Cash, Divis) to tw and look up their Per's. Trouble is you will probably not be able to find anything similar!
So, my (conservative) estimate is 25 / 10 * 213 = 533.
Even if it reached that price tomorrow, I would still hold cos I would argue that Per should be more than 25 (despite Divis decreasing to 2.5 % - still > 10% for me cos av price 160).
Not going to happen any time soon, but why sell when tw so undervalued.
BoL
Allfor hi,
Yes the chart shows yesterdays Last Price 213.400 ( not the closing price ) when the Key points are calculated for today. So what is shown is where they think today's Key Resistance Point / Support Levels will be. Again these are not to be taken as accurate.
I tend to spend a few hours a day watching the prices of shares and reading the boards that I am interested in and after research and where the share prices are depends if I buy or sell with the information I receive from that research and if I am not happy with the price I do not buy or sell and wait until I am confident that I make the right decision, sometime I may make a wrong one but that's not many.
ATB and happy dealing.
Tom :-)))
thanks 4' coming back but if it is a day out. the support and resistance numbers change so thats skew wiff.i was asking these questions to c if i could gain some knowledge from your trading views
Allfor hi,
Yes the chart is always one day out of date, as it can not forecast what it is to be today. Its only meant for a guide and shows their suggested Key Resistance Point / Support Levels. I watch it each day to give me some Idea what to expect but it must not to be taken as Gospel as things can change for all sort of reasons, only a guide.
Hope that helps
ATB
Tom :-)))
hi TomE
I spoke 2 u awhile ago i do not c how u can use barchart 4 any ref.it is always a day out of date so unless u do the opposite 2what thesy say or am i missing something .May b u could help
Rawson hi,
HAve a look at these two links, hope they are of some use to you.
Forcast link.
http://poundf.co.uk/taylor-wimpey-share-price-forecast
Barchart Link ( scroll down to see Key points bottom left )
https://www.barchart.com/stocks/quotes/TW.L.IX/overview
Cheers
Tom :-)
Ok... so were all happily in profit on this one having broken through the 5 year high, but does anyone have any thoughts on where the ceiling will be?
I'm sitting on a fair chunk and would normally consider selling this this point, but the 20% increase in forward sales is making me wonder if I should hold on for another 20-30p. Thoughts and opinions would be most welcome, and would be also interested to hear what the charts suggest in regards to resistance.