Re: Special divi tomorrow That's what makes it worth holding, especially if you're DRIP fed!Roll on 10p in the next few years!
Special divi tomorrow Just a reminder that it is TW's biggest payday of the year with 9.2p payable in a special dividend tomorrow.Cheers,F
Re: Easymover Hi. I am both a TW shareholder and a recent (March 2015) purchaser of a TW house. On the reservation form there are boxes for the reservation date and the date of the expiry of the reservation period. In our case this was one month after the reservation date. On the rear of the form para 1.1 states that TW will not sell or agree to sell the property concerned within the reservation period. In our case we completed ten days after the end of the reservation period but TW honoured all the incentives that we had included in our package. I assume that they did not invoke the reservation expiry date as they knew we were committed to the property since the two sets of solicitors were ironing out the fine points of the contract.I would therefore check your reservation form to see what the appropriate dates are and whether the TW terms on the back of the form match up to what the sales staff are saying to you.Best of luc
Re: Easymover As a shareholder, this sounds perfect to me. I wouldn't want them waiting for you to sell your house, I would just want them to make as much money in as short a space of time as possible.If you got any of their promises in writing and there's nothing in their T&Cs that stops them doing this, you might want to have a word with Trading Standards / Watchdog / Daily Mail / Crimewatch, otherwise you'll just have to suck it up and move on.SorryRM
Easymover Hi, I hold other homebuilder shares but wanted views from TW shareholdersWe have just seen a nice tw house which is the last in a development. We were told as its the last home they want to sell and as such would not hold but if we used easymover scheme once we sign with them the house is held while ours is marketed and sold by them. All as per advertised until now.However, once they had it valued and agreed a price they turned round to us and told us even if we sign and pay the reservation fee they won't hold it. This sounds a bit like false advertising to me and not at all like a reputable company should operate. Not really share related but as shareholders does this sound bad?Thank
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Sustainable? Taylor Wimpey and Barrat have reached a rather exposed dividend cycle that is barely covered. 2012 TW had a sensible dividend policy of 1.6% with a 6.4x dividend cover.Today TW has a ridiculously exposed dividend of 7.3% covered only 1.4XIt's the same with Barrats in 2012 the dividend was 3.2% and cover of 3XToday Barrats has another optimistic dividend of 7% covered again only 1.4%The housing market seems to have stalled after years of explosive growth declines in the last 4-5months seem quite natural - is this the top of the shop?Is it going to be difficult to make money buying stocks at the peak of their cycle with such a slim dividend cover a dry up in sales and a cut in the dividend could send these stocks reeling.Or they could keep growing of course if interest rates stay low for ever and all out kids get massive pay rises. Perhaps robots are years away and there will be a shortage of people to cover all the jobs that need filling?Games
Re: Why the sudden share price weakness? House price increases starting to grind to a halt, and in some areas starting to fall. This will continue with brexit uncertainty, and with increased supply of houses in the next few years.
Re: Why the sudden share price weakness? Short term thinkng in my books.All of the parties are committed to long term house building. So what ever happens.....more properties are going to need building
Re: Why the sudden share price weakness? Possibility of hung parliament followed by Labour/SNP coalition followed by gilt crash, followed by higher interest rates followed by housing market crash.
Re: Why the sudden share price weakness? I think you are correct, MillFan. I am also invested in Berkeley Group which is down about 7% in the last two weeks or so, following a strong run.
Re: Why the sudden share price weakness? Half of it is due to the special dividend last week - rest I guess just market nerves on housing prices and demand.
Why the sudden share price weakness? Any ideas?
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Re: Crazy Crazy Crazy Long holidays are good for you in fact I'm on one now and it lasts 52 weeks a year - bliss.