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Taylor Wimpey Fundamentals (TW.)

Are your knees knocking?

why would they be? .... we have electric gates; that should keep the mob at bay :-)

but is your ivory tower safe from attack?

Be careful you don't blow your own fuse.

if the gates fail to stop them, the usual barricades manned by loyal staff with garden forks and the like should scare 'em off

what defense systems do they have in ivory towers such as the one where you live?
for sure the ivory will be a very valuable commodity to help fund this new proletariat state

Are you sure the staff will defend you?

Perhaps, they may enable the hordes to strip you of any ill-gotten gains.

Erm....

i think fred believes owning your own home is "ill gotten"



sorry skinny (and others) ...... this has probably now been off-piste too long :-)

Manuel.

In the case of some, could be!

But once again you seem to be professing telepathic abilities.

-=-=-=-=

Skinny,

Apologies.

Should ignore trolls.

But Manuel is special.

Taylor Wimpey sales hit by poor weather
StockMarketWire.com
Taylor Wimpey's average private sales were 0.85 per outlet per week in the year to date, down from 0.93 the year before.

The group said the underlying housing market has remained stable in the first four months of 2018, with continued good accessibility to mortgages at competitive rates.

During the first few weeks of March, the poor weather conditions had a noticeable impact on sales and build rates but activity has since recovered.

Cancellation rates were 13% compared with 10% a year ago.

Pete Redfern, chief executive, said: "We have continued to see good demand for new housing through early 2018. Looking ahead, as we embark on the next stage of our strategy, our focus is on building our capability to deliver great quality homes and places for our customers over the long term."

As at 22 April 2018, the total order book value stood at approximately £2,155 million (2017 week 16: £2,210 million). This represents 9,050 homes (2017 week 16: 9,219 homes), excluding legal completions to date.

Subject to shareholder approval, Taylor Wimpey will be paying a final ordinary dividend of 2.44 pence per share on 18 May 2018 (2016 final dividend: 2.29 pence per share), giving a total ordinary dividend for the year of 4.74 pence per share (2016 total ordinary dividend: 2.82 pence per share).

The company said trading through the spring selling season has been good and customer demand for housing continues to be strong, with good access to mortgages, low interest rates and healthy employment prospects.

It remains on track to meet its expectations for the year, but expects completions for 2018 to be more second half weighted than 2017.

Build cost inflation is anticipated to be at similar levels to 2017, at around 3-4%.

Story provided by StockMarketWire.com


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Worth a look if there is a drop in Share Price.

StockMarketWire.com
House builder Taylor Wimpey booked a small fall in adjusted first-half profits after severe winter weather earlier in the year led to lower completions.

Pre-tax profit, excluding exceptional items fell 1.2% to £331.0m, as revenue fell 0.4% to £1.72bn.

Taylor Wimpey declared an interim dividend of 2.44p per share, up 6.1% on-year. From 2019, the company also confirmed it would pay a special dividend of around 10.7p per share, up from 10.4p per share paid in 2018.

'As employment prospects remain positive and mortgage availability is good, customer demand for our homes has been strong in spite of some wider macroeconomic uncertainty,' chief executive Pete Redfern said.

'With a strong order book in place, we are confident in our prospects for the remainder of the year and looking further ahead.'

The company completed 6,497 homes in the first half, down from 6,648 on-year.

The average selling price rose to £295k, up from £287k.

Taylor Wimpey sales rates improve in second half
StockMarketWire.com
Residential developer Taylor Wimpey said sales rates had grown in the second half, as the UK housing market remained resilient despite economic uncertainty.

Sales rates for the year to date remained strong at 0.81 sales per outlet per week, matching the 0.81 recorded in the previous corresponding period, the company said.

However, in the second half of the year to date, the company achieved a sales rate of 0.77, up from 0.71 in the previous corresponding period.

Cancellation rates for the year to date were 14%, which was slightly higher than 13% on-year.

The company's current order book, excluding joint ventures, represented 9,783 homes, which was 12% up on-year.

The order book stood at around £2.4bn, up 9% on-year and at the upper end of the company's expectations.

'We would expect this to reduce naturally towards the end of the year as more homes complete,' the company said.

Underlying prices in the period, and in the order book, remained in line with the first half of the year.

'We have delivered a strong performance during the second half of 2018, with very good sales rates supported by positive customer demand and a supportive lending environment,' chief executive Pete Redfern said.

'This builds on our strong forward order book and puts us on track to meet full year expectations.'

Customer demand continued to be underpinned by low interest rates, a wide choice of mortgage deals and the government's Help to Buy scheme, Taylor Wimpey said.

Looking to 2019, Redfern said: 'We remain mindful of wider political and economic risks and the potential impact on customer confidence.'

'However, with a strong balance sheet in place and a high-quality landbank, our business is well positioned to deliver further sustainable growth and cash flow over the medium term.'









Story provided by StockMarketWire.com

Six months ago this was ~£2, now ~£1.68 - yet politicians keep saying we need more houses, etc. BUT I wonder if the "houses" the politicians want are significantly cheaper then the average sold by TW ( or any other national house-builder). So could the Market be wary due to BREXIT, I wonder....with the risk that many low-paid service industries won't be operating from inner-cities? These are NOT the folks that can afford new-build houses in the conventional scenario - IMHO.
However, if the number of folks in the house-market does fall - this must affect selling-prices over time - so maybe it is this that the sp is reacting to.
Time will tell.

The headline price is the issue.

As you mention.

This share is puzzling me (as is PSN). I last bought this at around 115p after the referendum and sold at 200p somewhere near the top. The entry was good judgement, the exit was very lucky.

I really didn't think when I sold it would pull back to less than 180p. At 160p I started looking at it, thinking that was a good entry, only at the time I was fully invested.

I'm now looking at 142p and shaking me head and deciding the share price is stuffed at least until the meaningful vote is done and given how fast it is falling how do you catch a falling knife that is falling this fast?

I see a little support on the chart around 130p.

It's currently a crazy low price but hey what do I know? Is this Woodford selling or is there some other reason besides the Brexit stuff?

I hold TW.

I think the problem is anxiety about Brexit and the economy afterward.

Problems with a probable rise in unemployment, pay stagnation, further devaluation and rise in interest and mortgage rates.

TW seems to have enough cash to survive a severe downturn and at the moment is paying a good yield.

But I don't like what I think is likely to happen.

But about half my shares go up one day and down the next and then sideways.

Hi all,my profit has now gone,Is it now a case of waiting for further sp falls then buy,hoping it will move back up after Brexit . any thoughts on what the bottom sp will be ! ?

It depends on how young you are.

But unless present political elite have guts to own up to making their mistakes, having a free vote on Brexit, resign and have a G/E. or G/E and new "sensible" referendum you are going to have to sweat one way or another for quite a while.

But cash is not as safe as it might appear and if you cash in "shares" what are you going to put it in.

Property abroad for a few years. UMMM

Which currency?

Anyway, good luck.

fred - just shut up for once and get down from your political soapbox


overseas property
having considered this in depth several years ago, we came to the fairly easy conclusion that this was a bad bet for all sorts of very good reasons

Alf - loses his rag alert!

If you don't succeed at first try try and try again 😃