Taylor Wimpey Share Discussion Threads

[wolterix] 02/8/2010 12:12

shorts open? moon?

[kamukak] 02/8/2010 12:11

to the moon

[mknight] 02/8/2010 10:13

How Many shorts are open please anyone ?

[barf2] 02/8/2010 10:10

I think this is being held sub 27.8,as it has been all month regardless of buying volumes,and then, if they get the slightest hint of any negatives in the figures they will run it down easily.

If figures are better than expected and they give a more optimistic outlook then I think they will run this up quite quickly and we'll see some shorts closing.

[the_beagle] 02/8/2010 09:53

There is certainly plenty of potentially uplifting info to come tomorrow. There could be relaxation of covenants allowing land bank expansion, a possible sale or flotation of North American interests which could significantly reduce the overdraft ( which is not a problem to the company),and profits could be well ahead of forecasts if they have written up their land bank which they slaughtered a year ago.

If there is a big short position (I can find no evidence of one but it is rumoured) then 30p plus is on the cards this time tomorrow imo.

[barf2] 02/8/2010 09:42

It'll need something like that before they let this get above 27.8
9 times so far today it has moved to go up and been stopped by a few sells hat knock the bid right back to mid 27.5's

[the_analyst] 02/8/2010 09:35

Tom.B,

You have link or you guessing/hoping?!
:0)

[tom.b] 02/8/2010 09:13

There is a whisper of an american takeover...does anyone have anything concrete - excuse the pun..

[uglybetty] 01/8/2010 19:35

Why does nobody mention the Land Registry HPI (published 28 July) that says prices rise by 0.1% and transactions volume is slowly growing.

[spennysimmo] 31/7/2010 14:32

I might jump in myself there at about £2.20

[jab118] 31/7/2010 14:27

simmo, Why would that be funny, been long from 66p and 105 my main core 66p

Oh my, I'm laughing indeed ! ;-))))))))))))))))))))))))))))))))))

More up side there and down side here.

[the disciple] 31/7/2010 13:23

zzzzzzzzzzzzzzzzzzzzzzzzzzzz

[spennysimmo] 31/7/2010 10:20

He's long on Lamprell. You've got to laugh.

[barf2] 31/7/2010 10:15

Whassup sheriff?

[jab118] 31/7/2010 10:09

Oh dear me !!

[spennysimmo] 31/7/2010 09:59

MARKET REPORT by GEOFF FOSTER: Low rates could boost builders

By Geoffrey Foster
Last updated at 11:12 PM on 30th July 2010

When every man and his dog is bearish about the UK housing market it's refreshing to hear a contrary view.

Neil Mackinnon, global macro strategist at Russian investment banking giant VTB Capital, is bullish.

He believes an extended period of low interest rates increases the attractiveness of investment in residential property and the early stages of the next up-cycle in house prices is in place. Over the next year, he expects house prices to rise by 5-10 per cent on average.

Loss: Persimmon lost 8.2p to 353.3p despite Panmure saying the group will benefit from its good quality, long landbank and its aggressive stance on writedowns taken to date versus its peers.

Loss: Persimmon lost 8.2p to 353.3p despite Panmure saying the group will benefit from its good quality, long landbank and its aggressive stance on writedowns taken to date versus its peers.

Broker Panmure Gordon retains its overweight stance on UK housebuilders but says sentiment remains depressed and it is likely to remain so until we have better clarity on government spending cuts and the impact that this will have on the market.

But currently, significant discounts to net asset value exists at each quoted housebuilder.

It is a buyer of Taylor Wimpey, 0.71p easier at 26.55p, ahead of Tuesday's interims.

It expects a stable first-half in both UK and US trading. TW should say it has completed 4,650 homes in the UK, and average selling prices are expected to have increased by 9 per cent.

In North America, it should have completed 1,800 homes at an average selling price of around £198,000. Debt at the year-end should stand at £713million, making gearing 48 per cent.

Speculation persists that TW is a seller of its North American businesses. If it doesn't line up a buyer, bears have roared that the company may need to tap the equity market for funds again.

Persimmon lost 8.2p to 353.3p despite Panmure saying the group will benefit from its good quality, long landbank and its aggressive stance on writedowns taken to date versus its peers.

Read more:

[spennysimmo] 31/7/2010 09:54

Housebuilder Taylor Wimpey reports interims on Tuesday amid mounting signs the property market revival may be running out of steam.

Nationwide's latest index revealed a drop in prices of 0.5% in July - the first decline recorded by the building society since February.

This came after a slew of less positive readings from the sector in recent weeks as househunter numbers have dwindled amid uncertainty over jobs and the wider economy following the Government's emergency Budget blow.

And worries have been compounded further after one forecasting body - the National Institute of Economic and Social Research (NIESR) - predicted the market would fall 8% in real terms over the next five years.

Taylor will be eyed closely for its thoughts on how the market is being impacted by austerity measures.

The group has already flagged up fears over planning delays and spending cuts, which could see the axe fall on housing initiatives and social housing grants.

In 2009, one-sixth of the firm's 10,189 legal completions were affordable housing.

However, it noted some positives in the market, such as improved mortgage availability and the fact an underlying shortage of new housing should support property prices in the long run.

Taylor said in June it expected its average first-half selling price to lift to £167,000 from £153,000 a year earlier as it said it was focused on price rather than sales volumes.

Despite uncertainty over future trading, the group is expected to benefit from better recent market conditions in 2010 and Royal Bank of Scotland analysts are predicting annual underlying pre-tax profits of £7.5m, against losses of £699m in 2009.

Read more:

[barf2] 30/7/2010 12:58

Quite sad to see that they already know where they are taking this today.They are walking the bid down even during buying and still deciding which trades hit the book.
The regular 100000 buys that have been going on for a while via PLUS are either the shorters swapping stock on a regular basis to drip onto the book to take it down or someone is getting royally shafted by their broker.

I've got no problem with stocks going down in value in times of poor sentiment or grim stats but that is on a supply and demand basis where it is transparent but the only transparency here is that certain trades are being steered away from the book.

[scars] 30/7/2010 12:10

General housing stats turned negative again, with no short term prospects, hence I think this will drift down again.

[goldbug6] 30/7/2010 10:23

KBC/clients, must be hoping to short close before Tues, by the looks of that story.
I hear a rumor of a slight write-up of the land due to unit-to-land re appropriation. That be a surprise for the shorters if true. Probably because Redfern has now bought a load himself.

[barf2] 30/7/2010 08:40

Normal service resumed.
Decent buys through PLUS and all the little sells through LSE.

Maybe yesterday was somebody's day off and that was why it traded more honestly.

[barf2] 30/7/2010 07:46

Cracking job to have though don't you think? It's a bit like the Met office.
You can say whatever you like and there is no accountability.