Taylor Wimpey Share Price (TW.)

Good to see TW rising, highest level for a while.

GLA

Report in FT that UK mortgage approvals beat forecasts to hit 3-month high

A lot of buys going through this morning.

Always encouraging when Execs use their own money, to purchase shares.

Yes Kiwitwo, I too am disappointed that the price appears to be stalling at £1.27 but I look back to 23rd October 2023 when the price was £1.0455 and am happy with the 21.47% increase since that date( considering I invested a whole pile of surplus cash in it at £1.07)

I am into this share big time with a fair way to go before I break even but I am confident that this almighty great oil tanker of a share has turned and is building up the revs. It is well built and skippered and should be able to contend with any adverse conditions in the future.

I would predict that after the next election (and with inflation and interest rates falling) the price should be able to rise steadily until it reaches its natural ceiling. Wherever that is, is open to conjecture but I think it is somewhere in the range of £1.75-£2.25.My dream target price is £2.50.........yes, just a dream.

I have learnt to be patient with this share and have made megabucks investing in it for the last 13 years. I still feel I should be loyal to it whilst it still gives me a decent dividend.