The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
https://www.ft.com/content/0b9ac71a-f1fd-42a1-b117-1c57b8f4f49c
Taylor Wimpey is financially strong with an excellent, well located landbank and a highly experienced management team with a focus on protecting value while driving further operational efficiency. We remain well placed to navigate the current challenges, deliver quality homes to our customers and long term growth and value to our stakeholders.
I think you are right in saying house prices will freeze. I read these articles saying house prices will go down this and that amount but I don’t remember a time when they have gone down a lot. I also think that the Bank of England will not raise anymore interest rates and if things get worse off with the economy they might even lower to 2.5 or even 2% imho.
https://www.ft.com/content/f26f82a1-ea93-44d4-9336-5b7be62353ce
I hope you are right about shorters getting burnt but in reality they don’t because they know exactly when to borrow the shares and when to buyback and return those shares. The only people getting burnt are individual investors that have to sell at a loss for whatever reason. I would like more director’s buying to show a bit of confidence in this share.
https://www.constructionenquirer.com/2022/08/03/taylor-wimpey-staff-to-get-1000-towards-fuel-bills/
Taylor Wimpey staff to get £1,000 towards fuel bills
Well Temple from what I have learnt or not learnt so far in my experience of buying and selling shares shorters will get the price they want to buy the shares they have been selling. And by the looks of it Marshall Wace hasn’t got to the price that they want to pay yet. It is disappointing that the share price is where it is but I will just hold on to my shares and receive the dividend. Lets hope that half year on the 3rd of August is descent and Bank of England doesn’t put any more pressure by raising rates even further.