Taylor Wimpey Share Discussion Threads

[wolterix] 19/7/2010 15:30

!abmurac ya

[jab118] 19/7/2010 15:29

Oh dear, it's not looking good today is it chaps !!

[barf2] 19/7/2010 15:29

Yep, they want this through 25p today and then possibly 20p by the end of the week
penny a day.

It has nothing to do with general market malaise today as it no longer correlates with the FTSE or DOW but uses them as a reason for taking this down in lumps.

BANG!
Straight through.

[barf2] 19/7/2010 15:11

Oh they didn't like that did they?

The impudent cheek of the sp! trying to rise just because of some buys slipping through LSE, well they soon sorted that lark out!

Anything but falling will not be tolerated.

[debdale] 19/7/2010 14:26

Now back to rights issue levels of last year. Would like to think that this fact could give it support having been underwritten by insurers at 25p. Sadly, I still feel it could fall further due to lots of negative news out about housing market. Spenny, Would be interested in your take on it.

[thinking] 19/7/2010 14:16

Theres a confident 1m share purchase on probably a T20!

[barf2] 19/7/2010 13:47

Another day of markets being up and TW being down.Plenty of buyers but only a small % of those buys going through LSE.

Some people have paid high prices for TW today alone.

[barf2] 19/7/2010 12:26

ham
The media will latch on to whatever the most extreme scenario is.They were rampant that the world was going to collapse 2 yrs ago.It has got a bit like that again in the media.

The BBC love to repeat the 30% figure regardless of the relevance etc

A lot of it is engineered by the bears who can cast a shadow of doubt over anything without reprisal.

George Soros was getting plenty of press 3 or 4 months ago when he was saying sterling is dead and get out of the UK.He's not currently in the news as sterling didn't die.

He will be back in the news when some editor wants to whip up another storm of fear in a few weeks etc

[bordersboy] 19/7/2010 12:17

bounce off 25p again perhaps ?

[lordwilson] 19/7/2010 12:16

If TW survived the 2008/2009 debacle then they will survive this . They are doing well and land values are going back up. It seems to me that they need the extra cash sorting now so as to be able to buy new sites to build on in at the earliest two most probably three years out which indicates they are confident at turning things back round.

Don't forget most sites are purchased on a conditional on planning basis . Most of those contracts are for 18 months with an added six month if planning goes to appeal .

Subsequently they need to be looking at getting back in to the market in the next year so as to avoid a shortfall in sites over the next two to three years.

IMHO .

Best T

Will be buying back in on these once they reach 25 . Will be back to 27.5 within a week.

[ham28] 19/7/2010 12:14

barf2, I don't really know where the media get their figures from? I live near a David Wilson show home, I can see they are getting more and more people in and out of the door and they are still building on the site.
If the world wants to get out of this mess quickly, the world need to be more positives in their outlook!

[barf2] 19/7/2010 12:10

To be honest I can't see any reason for this to stop.The media etc have whipped up an expectation of a 30% fall in property prices and the govt cancelling large chunks of building contracts so the mood is there for them to carry on running it down.

The regulator is doing nothing to stop it.TW itself are not questioning the fall so there is no logical reason for it to stop falling other than our rationalisation that it has gone down too far based on fundamentals.

Even when the markets are up TW continues to fall.Can't see it changing until the hedgies are bored and have taken enough money off the table.

[camelot5] 19/7/2010 12:04

barf2

I would like to think that we are close to the bottom but this is so difficult to call when its being messed about with.

[barf2] 19/7/2010 11:57

This is how, on a much diluted scale, I imagine people on Death row must feel.
This is toying with the share price when they are going to take it down anyway.

The whole sector looks consigned to the dustbin and any rational argument will not be brooked.

When it turns, which it will but who knows where or when, the same logic will work in reverse with the share price being moved back up and brokers commenting on how it is now a bargain and was oversold etc, etc

We are just being slapped around at present for fun.

[spennysimmo] 19/7/2010 09:49

A flat 2010 following declines is all part of the turnaround.

[barf2] 19/7/2010 09:47

First half gains of 7% will disappear by year-end
19 July 2010

Rightmove House Price Index for July 2010 forecasts that sellers' average first half price gains of 7% will disappear by year-end.

With new seller numbers outstripping new mortgage approvals by approximately 5:2 the second half of the year looks set to see prices drift back to where they were at the beginning of the year as buyers get the upper hand.

An early indication of where prices are headed is new-to-market sellers dropping their asking prices for the first time this year, down by 0.6% (£1,435) this month.

Miles Shipside, commercial director of Rightmove, comments:

"The number of new mortgages being approved each month is less than half the number of new sellers, with the imbalance being exacerbated by the increase of nearly 50% in the number of properties coming to market compared to a year ago. More aggressive pricing is now the order of the day, which means that conditions are ripe for a strong buyers' market in the second half of 2010. This is likely to see the average price gains of 7% for the first half of the year wiped out by year-end, in line with Rightmove's original forecast for the year of no net change in prices".

The end of spring traditionally heralds a tougher time for sellers as the market goes into recess for the summer. The 123,507 new sellers that Rightmove has recorded coming to market in this month's index have reacted by asking an average of 0.6% less for their property than the month before. This is the first month-on-month fall in 2010, and with the likelihood of more economic pain to come, we forecast further downward pressure on new sellers'

That's the same Miles Shipside who was calling the market down about a year ago just before it went up and he had to change his expectations.

[spennysimmo] 19/7/2010 09:25

Ok, there is a divergence in the share price to both volume and the mac-d histogram. Wait and see...

[barf2] 19/7/2010 09:21

thanks spenny
Now your posts.................

[kanwar] 19/7/2010 09:15

Anyone expecting a upturn in the short term are going to be very disappointed.

[spennysimmo] 19/7/2010 09:10

Just like your posts. zzzzzzzzzzzz

[barf2] 19/7/2010 09:06

240000 purchase through PLUS again.It won't be until they stop that and let all trades impact on the share price that there will even begin to trade on its' own merits.

Same old,same old.

[fewdollarsmore] 19/7/2010 08:45

Rightmove house price index out today..not looking very exciting.
...

UK: Rightmove House Price Index falls 0.6% in July
Sun, Jul 18 2010, 23:11 GMT


Related News •UK: Rightmove House Price Index (YoY) grows by 3.7% in July compared to 5% in June
•UK: Rightmove House Price Index falls 0.6% in July
•United Kingdom Jul Rightmove House Price Index (MoM) down (0.9)% from June 01
FXstreet.com (Córdoba) - The Rightmove House Price Index fell 0.6% in July from a rise of 0.3% during the June month. This is the first monthly fall since December 2009.

YoY the average national asking prices up by 3.7% against 5% last month

[barf2] 19/7/2010 08:05

No change in direction then!
Just more of the same.

Buys through PLUS sells through LSE

It's all a silly game isn't it? they just as well say the share price is 20p now [or whatever price they are taking it to] and we can get on with the share price moving based on supply and demand and not somebody' skewed agenda.