Taylor Wimpey Share Discussion Threads

[thinking] 19/7/2010 19:55

Dont forget Tw have a number of advantages to the resale market which are often forgotten and they are special mortgage offers, shared ownership etc etc, so when an 'expert' spouts off about the market, look beyond, as one of the reasons why there are more properties on the market now is due to the fact that a HIP is no longer required so you have the so called speculators putting their properties up for sale, often at a higher than achievable price that will then have a knock on affect to the days its takes to sell and the fodder for pessimists.

[mercury123] 19/7/2010 19:30

Well I think this is a great price to top up at so have been loading up again today. There may be a penny or two more to come off but I can't see the downside too great from here and the upside is compelling

[spennysimmo] 19/7/2010 19:28

bb, I don't know about manipulation, I leave that to our resident expert on the subject. What i do know is that if TW. didn't go kaput with £1.5bn of debt and a share price of 4p, they aren't going to now either. The only long term questions you need to ask yourself is have you bought at the very bottom and if you haven't does it matter anyway.

[spennysimmo] 19/7/2010 19:26

Lots more properties coming onto the market so house prices will fall and mortgages are rationed are what they are all spouting off.

Ok let's say this is the case, what happens next. I'll tell you what happens next. The buy to let and rental market booms.

Investors buy bricks and mortar, always have, always will. People need somewhere to live. People don't stop getting married or moving out so they will rent. What do they rent? The property that the investor has bought a bit cheaper because there are more properties for sale, and on we go.

[bordersboy] 19/7/2010 19:25

Hi Spenny.

Thanks for your reply.

I agree re divergences but with the share price being manipulated are the bullish signals still valid, or just a case of waiting ?

[spennysimmo] 19/7/2010 19:20

bordersboy, there are bullish divergences to the share price all over that chart. My opinion, bide your time. When all the tabloids are printing doom and gloom you know what happens next.

[jimmyjagger] 19/7/2010 19:16

The share price is starting to look awfully dare I say it, wimpy

But wait a double bottom is forming on the chart, is this a bounce I see before me?

With the MACD about to turn negative you have to say no. We've had the lower highs so now go in search of a lower low. This is the natural order of things

[bordersboy] 19/7/2010 19:04

Wonder why does this website not track TW. ?

[bordersboy] 19/7/2010 17:34

Hi Spenny.

Whats your thoughts ?

Ta

[jugears] 19/7/2010 17:12

Jab gone already?

[camelot5] 19/7/2010 16:45

August 2009 had the chance to cash in around 57p but decided it would go higher.......now how many times have we heard that one!

[barf2] 19/7/2010 16:43

He can't go home because the sheriff is buffing his rusty sheriffs badge in their bedroom.

How is the sheriff jab? or have you got that posting under the wrong ID sorted now?

[jugears] 19/7/2010 16:37

Jab, Do you work for the Telegraph or the labour party? Or are you just a deppressing person .You are obviously not a share holder in T.W so why don't you F..k off somewhere else!

[barf2] 19/7/2010 16:06

I'm always amazed at these confidence surveys that, when they want to spread doom, they put out.

They withdraw the tax credit and then ask people 'do you think this will have an impact' and I would imagine most respondents say 'of course it will'.

Then it is put out as if it is a startling revelation. Last week we had some other confidence index being down after 3 months of the media and pundits screaming the end of the world is coming.

Loved this bit though wolt

'4Cast Ltd. in New York, who correctly forecast the decline'
Oh, those well known and respected market commentators [I would imagine they said 'we correctly forecast the decline by the way, don't know if you can use that in your piece']

[ham28] 19/7/2010 15:58

How interesting, those big offers that were seating at 25p that I mentioned earlier are not there anymore, I wonder if they were trying to scare people into selling, just a thought!

[wolterix] 19/7/2010 15:46

can't see housing starts tomorrow being rosy either

oh well

[wolterix] 19/7/2010 15:46

this is why, doomberg..



Homebuilder Confidence in U.S. Falls to One-Year Low
By Bob Willis - Jul 19, 2010

Builders in the U.S. turned more pessimistic in July than forecast, a sign the expiration of a government tax credit will depress home construction.

The National Association of Home Builders/Wells Fargo confidence index dropped to 14 this month, the lowest level since April 2009, from 16 in June, data from the Washington- based group showed today. Readings lower than 50 mean more respondents said conditions were poor.

The retreat in sales following the April 30 expiration of a deadline to sign purchase agreements and qualify for a tax credit worth as much as $8,000 is lasting longer than projected, the report said. With mounting foreclosures adding to housing inventory and unemployment forecast to end the year at 9.5 percent according to economists surveyed by Bloomberg News, a housing recovery will take time to develop.

"The housing sector is going to be in a hangover for a few months and it looks like it will be quite a nasty one," said David Sloan, a senior economist at 4Cast Ltd. in New York, who correctly forecast the decline. "This will weigh on growth in the third quarter and well into the fourth quarter as well."

[barf2] 19/7/2010 15:44

Like all downhill runs this is getting faster the further it goes down.

Can't even raise a dead cat bounce!

[ham28] 19/7/2010 15:38

More fuels for the shorts, the media paint such gloomy picture as if though the world is doomed for many years!

We may as well short everything right now (I don't agree with shorting by the way!), obviously no one wants to invest or even go long for more than a few days!

864,785 seating on the offer at 25p, don't know weather to cry or laugh...LOL

[spennysimmo] 19/7/2010 15:38

Wolt, lol.

[barf2] 19/7/2010 15:37

wolt
What is there to stop them running this all the way down to 5p again? The FSA have stood back and invited the shorters to fill their boots.

TW is saying nothing.You can have as much buying as you want but if the MM's are in control of where it goes you've got no chance of a rally.

This will cause capitulation and that will run the share price down all on its' own.

If you were looking to takeover a listed company like TW it looks remarkably easy, with a little assistance from a couple of hedge funds, to drive the company value into the floor.

[barf2] 19/7/2010 15:32

There are plenty of buyers but PLUS is servicing them all.
Still no news of any reduced holdings! so who is feeding the PLUS mm's all the stock they are passing out?

10% of the company value wiped out in less than 2 days trade on the back of a 35% fall beforehand.