Taylor Wimpey share offer @ 25p

welshmoneylover

Pssst wrote: »

Truth is that we live in extraordinary times and there are opportunities to make and loose lots of money.

Bottom line is that with risks sometime come rewards. If you have time on your hands there are a good smattering of shares which are undervalued at present and could fly high again given time and different market conditions.


I mean, once upon a time RBS were 10p a go. Now they are around 40p so you could have quadrupled your money if you had the nerve.

Do you care to elaborate on which cheap shares you are refering to?


BTW, I bought RBS @ 15p :rotfl:

pizzagirl

Pssst wrote: »

Truth is that we live in extraordinary times and there are opportunities to make and loose lots of money.

Bottom line is that with risks sometime come rewards. If you have time on your hands there are a good smattering of shares which are undervalued at present and could fly high again given time and different market conditions.

I mean, once upon a time RBS were 10p a go. Now they are around 40p so you could have quadrupled your money if you had the nerve.

I believe there were people on here saying similar things about northern Rock, B+B when they were on their way to zero. They would have lost the lot. So it's a gamble really.

JoeCrystal

@pizzagirl You are right as picking very low value shares ARE gambling and more likely for get rich quick way. Wise ones would choose the ones that got massive areas which are needed by the country. Banking sector is not one of them. And neither is Taylor Wimpey.

adambro

JoeCrystal wrote: »

@pizzagirl You are right as picking very low value shares ARE gambling and more likely for get rich quick way. Wise ones would choose the ones that got massive areas which are needed by the country. Banking sector is not one of them. And neither is Taylor Wimpey.

I'd tend to agree that trying to get rich by picking shares that look like a bargain or have just plummeted a lot is a quick way to loose your money. I don't agree though that Taylor Wimpey can be compared to the likes of Northern Rock or Bradford & Bingley.

The big difference is that whereas the share price of NR and B&B was perceived by some to be a bargain the company was struggling with finance, their problems weren't resolved, but with Taylor Wimpey, the share price got very low when they needed to renegotiate their debt but then has improved once they succeeded in doing so.

A few months ago, Taylor Wimpey did look risky as was reflected in the share price. Now they've got their debt sorted and credit facilities available for years to come it is hard to imagine how they could go under in the near future. NR and B&B tried and failed to sort out their finances but Taylor Wimpey have so far succeeded in restructuring their finances in response to the downturn.

I'm not really sure what you mean by "choose the ones that got massive areas which are needed by the country". Clearly both banking and housing are essential to the economy and it is a complete certainty that the housing market will improve because demand for housing remains strong. Taylor Wimpey might be in a difficult market at the moment but conditions will without a doubt improve.

6022tivo

They have also sold more houses and have more orders in the last month than the last 12 months. They want this cash for bargain land purchases, they have funded all interest payments already until 2012. They are looking good....

I am going for it, big time, they are not going to get to £5 a share they were last year, but in 5 years time, they maybe...

Well worth a punt...

sabretoothtigger

pizzagirl wrote: »

I believe there were people on here saying similar things about northern Rock, B+B when they were on their way to zero. They would have lost the lot. So it's a gamble really.

nothing wrong with spending beer money on cheap shares (if they are actually cheap not just reduced from high to low on the way to nothing ).
Even if you lose it you save your liver :beer:

Key element would be discipline, I think its very easy to get sucked in because like you say its gambling

tradetime

Pssst wrote: »

Truth is that we live in extraordinary times and there are opportunities to make and loose lots of money.

Bottom line is that with risks sometime come rewards. If you have time on your hands there are a good smattering of shares which are undervalued at present and could fly high again given time and different market conditions.

I mean, once upon a time RBS were 10p a go. Now they are around 40p so you could have quadrupled your money if you had the nerve.

We do indeed, and there are indeed. Couldn't agree more, the trick is working out which ones are undervalued and which ones are low priced for good reason.
They were and they are, and they're probably not worth the 10p either.

Pssst

tradetime wrote: »

We do indeed, and there are indeed. Couldn't agree more, the trick is working out which ones are undervalued and which ones are low priced for good reason.
They were and they are, and they're probably not worth the 10p either.

Maybe yes,maybe no.its all a matter of confidence at the moment. Like i say,usually the highest risks have the highest potential returns and losses. Roll the dice and see what happens.

scubaj

hello, i have a very simple question and require a simple answer. i have been offered shares from TW and was wondering whether to take up the offer of not.??

Interest rates are terrrible and i am looking at investing them for at least three years.

Is the company going to go bust as i have seen with rbs hbos etc?? or is this a genuine opportunity??

Also am i correct in thinking tthat after june 1st they are going to be openly offered??

paying 25p then may seem silly if they are going to be offered at a lower price rthen???

i just need some sound advice

03022242

i bought shares in barratts.. doubled my money in 3 months... its a shame i invested little in the first place...

i work in the industry and the major contractors are on a very, very, slight upward curve..most of the redundancies have been made and finance sorted out...ive heard that houses are selling even if they are at rock bottom prices