Firering Strategic Minerals: From explorer to producer. Watch the video 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.
Started: Elllltelinv, 11 Jun 2024 08:04
Last post: Nigel50, 19 Jun 2024 18:52
Is it that simple hard boy? I'm not so sure. If you increase the supply substantially, average house price might fall.
Both major parties are promising to built lots more homes; and will probably introduce house buying incentives like reducing stamp duty. If it happens it should help the profitability of house builders and so the price should go up.
All very simple
Why ?
No reason why any change will make any difference, and not make more people buy shares therfore not make the price go up>
More buying shgares = gpoes up ... and will do spo as people get back to buying new hopuses, which has already started, as the interest rate is stable.
PS hope do as hold 85K shares.... less than did at one point - ill be happy to get to £2 which I belive is where this company should be...
TW - could double in the coming years.
Started: Camelian, 18 Jun 2024 09:40
Last post: AbjectPerformer, 19 Jun 2024 06:46
Sunbeams
Not only do you not read people’s post properly , you don’t make any sense and your grammar is crud.
Improve or don’t bother
Sorry misread the original post.
To install PV you do need to ensure can take it, but panels are not heavy, built in replace roof tiles anyway, and to confirm as far as TW go....
On roof can weigh but more due to metal work, but on a domstic plot nor a lot.
Taylor Wimpey fit PV to their plots.
Better be aware of false advice - Taylor Wimpey fit PV to their plots all the time.
I was enquiring about a house purchase with one house builder and asked if I would be allowed to fit solar panels to the roof, the reply was no as the roof would not be strong enough to stand the weight.If I went.to theDavid Wilson site across the-other end of the site and purchased one of their properties then the roof would support the weight as they were built to a higher standard.It seems that there are different standards of build quality acceptable in the industry which all buyers may not be aware of.Buyer Beware!
New. Type of build coming forward houses to be built much quicker with new cladding so quicker build. Quicker the profits I see shares rising later in the year
Started: Benrumpson1, 22 May 2024 17:46
Last post: Maninpink, 11 Jun 2024 05:51
Now they got the numbers in some of the sites coming to a standstill. My site still moving but bricklayers not on site till plots get released...Cant believe no government are talking yet about how poor housing market it at moment.
OK interesting Maninpink, be interesting to hear how things are progressing now that deadline has passed.
Thanks Ben, sub-standard work doesn't help anyone does it? The skills gap is just one outcome of government incompetence over a prolonged period (I speak as a traditional Tory voter). The next lot can hardly do any worse, but can they improve things? Time will tell.
Busy on 4 of our sites (Midlands) Trying to get numbers in before June 5th...After that can see it slowing down a bit
Hi krusty
All is busy still, the subbie I work for is asking me if I know anyone who is looking for work !
The other week I got asked to snag three houses who other people built, one house had five different gangs on it and you could tell!
Really two out of three should be pulled down, it was disgusting!
The problem is people are peedoff and couldn’t give a craap and you could tell building straight on top of bad work!
It’s the worst I have seen for years!
All the best Ben
Started: scoopy, 3 Jun 2024 08:08
Last post: 1.ARMANI, 5 Jun 2024 10:40
I took a few chips of the table today, just incase TW make a play to buy Cala from LGEN ......... it would be a good fit for Wimps.
ECB Interest Rates meeting 6th June
FED 12th June
BoE 20th June
Berenberg raises Taylor Wimpey to 'buy' (hold) - price target 175 (130) pence
Nice to see the £1.50s again, lets hope it continues upwards :O)
Started: thriller40, 20 May 2024 11:20
Last post: Krustysmegma, 20 May 2024 11:31
Yes, in line with the rest of the sector. Expectation that interest rates have peaked and the next move will be down. Sure to spark a wave of interest in new housing, plus any possible giveaway measures from an increasingly desperate government in an election year?
The share price seems to be on the move upwards finally after not really moving for ages.
Started: 1.ARMANI, 10 May 2024 09:06
Last post: CHEATED, 15 May 2024 17:04
Certainly not the time to sell.
London market is at bargain basement level in comparison to other exchanges.
Take advantage of it.
Divi auto reinvested today
Well something will change and not for the better .
Labour introduced isa so why would they do that ?
I need a few more years of isa allowances. Hopefully two years, before Labour scrap Isa’s
Last post: AbjectPerformer, 10 May 2024 17:47
I’ve let my divi reinvest but my average was 113p I believe. So it’s my highest price paid.
Divi received 11.15
Just landed now ....spending atb
Jeez give it a rest guys! It's only just 10.30, check back at the end of the day. If there's still nothing in there check again Monday morning.
Still waiting. With HL
Started: ge0rge123, 7 May 2024 13:46
Last post: AbjectPerformer, 9 May 2024 23:00
Anyone reinvesting divi ?
The speed of battery development in range, charging cycles and speed of charging, the only people who will use them in the future will be early adopters, people who cannot afford 1200km batteries and those who cannot charge at home.
He might get round to installing some EV charging points one day (Manchester, I believe, has the lowest density of Public EV chargers of any city.) He can't blame the Tories for that.
The Mayor of Greater Manchester just announced a commitment to build 10000 Houses
Let's hope Taylor Wimpey get a slice of the cake
Started: trunky, 7 May 2024 12:36
Last post: trunky, 7 May 2024 12:36
I am moving from Cornwall to Kent and after reading the information on several house builders sites which proclaim to offer an easy move scheme I found after visiting several house builders sites including Wimpey that they only offered this service if you moved within the county in which you were selling.Rather than waste peoples time they should make this clear on their advertising.
Started: TheSpecialist, 23 Apr 2024 07:02
Last post: AbjectPerformer, 5 May 2024 02:25
My average is 113p and had some divis reinvested. I intend on reinvesting my divi
The TU wasn't good. They still mention housing uncertainty and are firmly dependent on supportive market conditions. One of those supportive market conditions is mortgage interest rates.
"While we are mindful of ongoing market uncertainty and affordability challenges, it is pleasing to see continued market stability supported by good mortgage availability and sustained customer confidence"
"we are positioned for growth from 2025, assuming supportive market conditions."
"Outlook
We remain focused on prioritising value over volume, building a strong order book and positioning ourselves for growth from 2025, assuming supportive market conditions."
https://www.investegate.co.uk/announcement/rns/taylor-wimpey--tw./trading-statement/8150709
Several lenders have raised their mortgage interest rates:
https://www.bbc.co.uk/news/articles/c3g5jrl9yg4o
I locked in future dividends before a drop in interest rates. Even if the yield comes down to 5%, it is a good share to own under a Labour government. £1.42 will be the next pause, I reckon... but then I'm biased too.
AbjectPerformer - Not a clue. It should be 150+ in my opinion, but im biased as thats my break even. But its settled for the last 2 weeks, I beleive most say undervalued, but ultumatly just needs more buying then selling and will recover. The div payment is due around the 11th May, which may push up as some reinvest dividend payment.
Is it likely this will rise from here or is there a chance I could top up lower ? As I would like to top up keeping balance in my portfolio
Started: TheSpecialist, 23 Apr 2024 07:47
Last post: TheSpecialist, 23 Apr 2024 07:47
COMPANIES - FTSE 100
----------
Taylor Wimpey said the Spring selling season is progressing in line with our expectations, ahead its annual general meeting later on Tuesday. Looking ahead, the housebuilder reiterated guidance. It said it expects 2024 UK completions to be in range of 9,500 to 10,000, with completions weighted 45% to 55% in favour of the second half of the year. Chief Executive Jennie Daly said: "We have made a good start to 2024 with the Spring selling season progressing as expected. While we are mindful of ongoing market uncertainty and affordability challenges, it is pleasing to see continued market stability supported by good mortgage availability and sustained customer confidence."
Started: Krustysmegma, 19 Apr 2024 16:28
Last post: Krustysmegma, 19 Apr 2024 16:28
AGM & Trading Update Tuesday, hoping for a bit of a boost here after recent weakness.
Started: mainstreet, 12 Apr 2024 09:36
Last post: mainstreet, 12 Apr 2024 09:36
(Sharecast News) - RBC Capital Markets upgraded Taylor Wimpey on Friday but downgraded Berkeley as it took a look at the two UK housebuilders. Taylor Wimpey was raised to 'outperform' from 'sector perform' with an unchanged price target of 175p.
"Taylor Wimpey has the wind behind its sales, and we like the cut of its jib," RBC said.
"Of the housebuilding majors it is the least distracted by management change, strategic change or potential M&A activity.
"We believe it is reading the weather well: that the weather is improving. With all hands on deck it may be the first to react to improving market conditions and the first of the large caps to meet its medium-term goals."
The bank also said that while volume growth is a story for 2025 and beyond, the dividend is a key part of the story today.
"The shares offer a highly stress tested yield of 5.4%, and with interest rates likely to fall this year we would advise those looking for income tomorrow to lock in this yield today."
Last post: Bazzaman, 12 Apr 2024 09:09
JPMorgan raises Taylor Wimpey to 'overweight' (neutral) - price target 150 (101) pence
GLA
Hi maninpink
I am in Australia at the moment but I have noticed a lot more attention towards the tradesmen, ( more people trying to get you to work for them) !
Site agent wise , they have upset so many it scares me!
But hey they reap what sow!
All the best and let the trades stick together!
Ben
Just been told they want 79 plots this year of a site in West Midlands.. Starting to pick up just need to get better site agents instead of the awful ones we putting up with at the moment
Started: stt1, 1 Apr 2024 19:32
Last post: Sunbeams7, 3 Apr 2024 10:38
How many if any TW new build housing contracts have maintenance contracts for communal areas ?
On the rest, quality, I have been around TW, George Wimpey contracts for 42 years and always noted the build to be better than most, especially the likes of Persimmon. Currently TW push quality build so much its quite hard for the poor subcontractor who is expected to give 100% spot on work.
Lets talk TW up instead of bashing it.
We had onerus ground rent scandal
Fire safety/cladding.
Help to Buy.
CMA investigations.
Now 'fleeceholds'
as well as poor quality builds.
Housing estate 'fleeceholds' the next great scandal, Tory peer warns
"A Conservative peer - and ex-adviser to Boris Johnson - has warned "fleeceholds" will be "the next great scandal" to hit the housing market.
The term is used to describe the plight of homeowners on new-build estates locked into private maintenance contracts for communal areas."
https://www.bbc.co.uk/news/uk-politics-68673216
Started: stt1, 1 Apr 2024 19:31
Last post: stt1, 1 Apr 2024 19:31
New homes poor build quality.
"A Competition and Markets Authority (CMA) report, published last month, has raised concerns about the build quality of some new homes, and a petition has been set up calling for government accountability for substandard housing and infrastructure."
https://www.bbc.co.uk/news/uk-england-berkshire-68663984
Started: Asperger1, 28 Mar 2024 10:48
Last post: Sunbeams7, 28 Mar 2024 12:10
Yes - all in last report. But this year, this year from January, starting to pick up, 2024 will be better for TW and year after better agin, assuming not extra wars etc !
Only issue currenly is new regulations that have to be done, part L etc.... as regs are normally related to date of planning it not normally a issue, but Partl L is not so it may not have been costed when site started..... dont worry to much though as usual its the poor subbie expected to do more and be paid less . ;)
The likes of Persimmon (PSN) and Taylor Wimpey (TW.) have pulled back on development in order to safeguard existing profitability, resulting in lower forward order books for both than in 2022. Meanwhile, high-end housebuilder Berkeley (BKG) has stopped building entirely. It ostensibly blames restrictive planning regulations, but the laws of supply and demand are almost always the real drivers behind housebuilders’ actions.
https://www.investorschronicle.co.uk/news/2024/02/01/ftse-350-review-the-best-value-housebuilders-in-a-cheap-industry/
1. Cyclical nature of the business.
2. Inflation/high interest rates.
3. Sector weakness in general.
Currently looking at Homebuilders, - anyone have info why TW. fundamentals seems to have dipped for 2023 - note divi held up
Started: Sunbeams7, 28 Mar 2024 12:05
Last post: Krustysmegma, 28 Mar 2024 12:09
To be fair they've been allocated the shares if they wait 3 years. They haven't dipped into their pockets.
Directors today bought 221,576 shares ...
Good sign im my humble.
Started: Lenin, 28 Mar 2024 09:36
Last post: Krustysmegma, 28 Mar 2024 10:57
Welcome comrade.
As a very new shareholder here I thought I would post this article .... https://www.sharecast.com/news/news-and-announcements--/upturn-in-housebuilding-boosts-uk-construction-sector---pmi--16385928.html
Started: mainstreet, 28 Mar 2024 10:24
Last post: mainstreet, 28 Mar 2024 10:24
The TW. price has held up well today given the dividend.
Started: thriller40, 26 Mar 2024 18:21
Last post: thriller40, 26 Mar 2024 18:21
The ftse is bound to fall it's getting near the 8000 mark some bargains to be had.
The share price dropped after we heard about the builders sharing prices probe . Might drop further after ex divi
I feel the share price tends to bounce between the mid £1.40s and late £1.30s. i guess you could make some money buying and selling some of your shares on the rises and dips.
I Have seen the price go up after ex div day.
So who really knows, its about buy/sell. more buys than sell and prices goes up, so its really how many sell after Ex div day, and we dont know - I still feel should be 150 and better. like to think when the world settles down more investers push this back to £2, next yedar or two. Been there not that long ago
Nomad
Fwiw I agree with Connexion....chances are when they go exvdivi on 28th March the SP could well drop below the level of the Divi payout...
I bought at 139 ish ...2 weeks ago expecting the SP to rise before ex divi day as Divi chasers moved in...this has not happened
That's hard on you though...Both a non index linked pension why??
+ Barclays closing your account due some Brexit
Are you being penalised for emigrating?
Connexion, There’s more to it I live overseas, I’m nearly 68 and my basic uk pension is not indexed linked so I’m stuck on £185 per for the rest of my days. To top it off Barclays told me they are closing my account after 40 years because of some stupid Brexit rule. To top that off ii won’t send my divi to my SA bank account, so yes every pound is very important. Anyway too late now at £1.38 so I may as well take the divi and hope the rates drop soon.
Last post: manphibian, 6 Mar 2024 13:50
Well that's wiped out today's nice gains. Cheers Jeremy *unt
Peteret -I beleive last few days scrapped the idea of 99% - probably wise decision
Too late for 1.30
if the chancellor announces 99% mortgages as rumoured this will rocket.
lift off has already started
Waiting to buy more as well at £1.30 or less.
Won't a decrease in interest rates or expectation of them in May, raise not lower the SP? Thus I can't see why this would dip to the low levels mentioned although I'd gladly scoop some up at sub 130, although unlikely?
Started: aileron, 17 Dec 2023 15:58
Last post: AbjectPerformer, 28 Feb 2024 11:47
Between now and later this year when interest rates start to fall, I think there will be a sub 127p entry point.
If I see something around 120p I will top up. Just going to be patient
Dividend declared , 28th Mar ex dividend, paydate 10th May ,still good dividend, 7.2% ish yield depends when purchased..atb
It’s interest rates that need to fall to see the real stock market gains. Those come in the next few years, where share prices will creep up and the dividends locked in at last two years lows will massively outperform lower inflation and interest on accounts
LONDON, Dec 20 (Reuters) -
British inflation fell by more than any economist polled by Reuters predicted in November, pushing the headline rate to its lowest since September 2021, according to data that will further fuel bets on Bank of England interest rate cuts next year.
The annual rate of consumer price increases fell to 3.9% from 4.6% in October, the Office for National Statistics said on Wednesday, while closely-watched core and services measures of inflation also fell.
House builders are getting upgraded, once again!
Most brokers are behind the curve...... on the 18th of December UBS raised TW from 126p to 160p.
TW has resistance @ 149.55p and when broken, the next resistance @ 157.20p before moving higher.
I'm more than happy with the recovery and onwards and upwards from here.
Wishing everyone a Merry Christmas
Started: JoeKing53, 28 Feb 2024 08:07
Last post: JoeKing53, 28 Feb 2024 08:30
THANKS JohnyChain- I should have checked first!
Final Results just been RNS'd Joe
Yes it was a gift ,so i have bought some more
I’ve been out of touch. Could some kind and wise soul explain why price has dropped again so sharply today, I don’t see Barratt dropping by a similar amount. Thanks