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Some body never listened to teacher so it's another EH ? from me ??
Eh...?
In the game where's the money coming off Benny, asking the goverment or man the street. Country never recovered from 2008.i sure you next year, the country be like the straight out of the arse of the fourth horse man. Be pound a share on a cynical cycle, be another five years.
Hi All
Interesting chat in the T hut today, it was discussed when the neglected infrastructure kicks we will be busy as hell.
Thinking about it all the schools are bursting at the seams, prison’s over run , hospitals need building and this is without the nuclear stations.
We should be in more and more demand.
They might struggle to get houses built, there could be a bit of a tug of war for tradesmen.
All in my opinion of course
Just looked at that company, the 80p gap filled 21st July 2021 then Rose to 95p
So it did fill , subsequently rising up 15p.
So spot on in the book.
Where it is now is irrelevant to the gap questions.
Please don't get me started on this gap-filling nonsense. The "experts" warned of a gap at 80p on DDDD so waited patiently for it to be filled. SP now 39.5p. Moral of the story? Mind the gap...
Between 100 and 110p is when I'm looking for now.
Under 100p? Maybe a short term dip if it went that far. Just a guess. Been lots of companies decimated. Feels like 2008 starting all over again.
Large Gap from 2nd No 2020 nearly filled.
But there a small on at 108p too.
In 6 months time this will be worth buying under a quid.. GLA
Looked at PSN for the divi, broker upgrade there today. House prices will continue to be buoyant until inflation really takes a hold in six to twelve months time in my view. Then people will struggle with remortgaging etc, you all know the drill.
Cheers.
Hi, I used to be invested in Taylor Wimpey a few years back. I have noticed this dropping over the past year and planning on buying back in if this reaches 1.10 or below.
What has caused such a drop with this share when the housing market is so strong?
Can anyone please update me on the current state of play?
All the major HB's look undervalued to me Shanny so take your pick really. I recently realised some gains in TW to take small positions in BDEV and PSN, mainly because I prefer their approach of paying dividends rather than share buy-backs which have replaced the much-lamented special dividend here. There are plenty of reasons to be fearful for the future of the UK housing market, but most of those must be fully priced in already given the NAV here & elsewhere. Good luck, whatever you decide. K
Low 120’s a possibility…..100p unthinkable right?!?! Probably worth a nibble around here. Nice rising divi, rising profits, spectacular NAV, no debt. Think I’m talking myself into this. Held before, luckily made a small profit. Why here over Vistry is the question posed?
Market in for another hammering tomorrow by the looks of it. Harumph
This share has Erectile Dysfunction.
It never stays up.
Stockopedia and Jeffries have this as a strong BUY.
FT are putting it at £1.80 outperform, but I wouldn’t listen to those clowns.
Everything’s a buy.
Fair point Fugazi1, guess I'm looking at it from a long-term holder perspective. I'm aware that builders have borne the brunt of market's concerns about Brexit/pandemic/gov't borrowing/inflation/war etc. etc. and agree that's unlikely to improve much in the short term for sure with disastrous Local Government results to come. Still think this is an excellent investment for the longer-term though.
Be interesting to see if Elliott have anything to say at the AGM, or maybe they will wait until the new CEO provides a market update for analysts and investors in four weeks.
I do wonder if off loading the Spanish business is on the cards, given it’s not of significant importance in the wider scheme of things, but would probably bring a good price given Spain and the Balearics are experiencing strong growth in property sales.
Back of a fag packet, I would suggest a sale bringing ~ £350m to £400m. As Wimps have no need for the cash, could be split 50 / 50 special dividend and buy back. That would probably keep Elliot happy for a year or two.
@Rich. Jennie’s sale was to facilitate an option exercise and cover the tax due. She retained all the remainder of shares that had vested, as did the other Directors. As for the small purchase around the 11th, that’s just a small staff share scheme actioned every month.
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.