Taylor Wimpey Share Discussion Threads

[davy855] 02/9/2010 09:52

My best effort ;

[gcom2] 02/9/2010 09:50

whats that smell ,mayfair pork sausages on the barbeque

[davy855] 02/9/2010 09:34

Bbarf ref agenda - CORRECT.

[davy855] 02/9/2010 09:34

No, its down @ 52.10 from 53.7. Just way over sold.

[barf2] 02/9/2010 09:28

For the sake of balance I must point out that the trading yesterday and today would give no reason for the share price to be moving higher.

I am quick enough to question why the share price doesn't reflect the supply and demand on the way down and here it is doing the same on the way up.

Just confirms to me that the market has less to do with buying/selling and supply and demand and more to do with agendas.

Happy to see it though.

[fightback999] 02/9/2010 09:27

Talk of Redrow being bought out.. Only a rumour
Good for the sector. With TW so low they could also be a takeover target!

[homeboy35] 02/9/2010 09:24

Buying ahead of this, must be good news!

[homeboy35] 02/9/2010 09:24

Buying ahead of this, must be good news!

[jibba_jabba] 02/9/2010 09:20

Construction PMI 0930.

[fewdollarsmore] 02/9/2010 08:35

Fair enough Barf, I guess these guys have to justify their positions in some way shape of form..

Fletcher - good point, people often miss this fact even with share trading every seller needs a buyer and visa versa.

[davy855] 02/9/2010 08:33

I am in shock. Outperforming others. Up over 5/10ths of a penny.

[barf2] 02/9/2010 08:28

I always laugh at Martin Gahbauer who must really like the sound of his own voice.His market summary which generally looks medium term changes from one month to the next which pretty much undermines the point of a medium term projection.

He has previously given wildly different interpretations of their price index and seems to think he has to pontificate each time.

I'd be much happier if he just said 'I see no change from my previous finger in the air projections'.

Encouraged by todays start.

[fewdollarsmore] 02/9/2010 08:24

Another positive for TW is that during the period when we have had cosolidation / prices remaining flat, TW are already sold for this year and have achieved improved selling values. I hope the board have / are being cuatious in their forecasting and building in flat house prices for the coming year and working on margin improvements to negate potential fall off in prices..

[fletcher] 02/9/2010 08:23

''As more sellers have returned to the market, buyers have a greater selection

Martin Gahbauer, Nationwide's chief economist is possibly missing the point.... sellers are also in the majority of cases also buyers !!!

[fewdollarsmore] 02/9/2010 08:19

Thanks Barf, notes some comments below not all negative.

Martin Gahbauer, Nationwide's chief economist, said: ''Recent market trends remain consistent with an unwinding of the supply-demand imbalance that drove up prices for much of the last year.

''As more sellers have returned to the market, buyers have a greater selection of properties to choose from and more bargaining power with which to bid down asking prices.''

He said there was little evidence of distressed selling, with the number of homes that were repossessed falling during the second quarter.

''As such, the current period of price declines is likely to remain relatively modest," he said.

''Given that the price increases of the last year had gotten ahead of the recovery in the wider economy, the current correction is not an unhealthy development.''

[pugg1ey] 02/9/2010 08:17

data leaked? i thought everyone kept a tight ship in the world of business ;-)

[gcom2] 02/9/2010 08:14

hpi already priced in , that data is always leaked to hedgies weeks before imho

[fewdollarsmore] 02/9/2010 08:10

Barf nice if you could post it as well as comment on it..

[barf2] 02/9/2010 07:59

The Nationwide house price news is yet another cracking result for the hedgies and gives them another chance to push this back down.

One step forward and two back as usual.

Go on TW surprise me!

[pwmiles] 01/9/2010 22:35

Well that's a handy daily chart
Oh flutter now my beating heart
Well maybe not - for bricks and mortar
Do not entice me, as they oughter

[wolterix] 01/9/2010 22:30

posted on the Redrow thread:

Robbie Paul - 1 Sep'10 - 22:27 - 218 of 218

On the mid-tier index, housebuilders benefited from a big push from Citigroup, which put a "buy" ratings on every company in the sector. Clyde Lewis, an analyst at the broker, pointed out that the sector is now trading on a 35pc discount to asset values. Mr Lewis concluded: "Traditionally, this has marked a big buy signal or a large writedown in asset values. We estimate the latter is possible only if house prices fall by more than 5pc." Redrow, which Citigroup gave a 156p price target, jumped 11.1 to 118.1p. There was also renewed gossip doing the rounds that chairman Steve Morgan, who founded the business back in 1974, is planning to take it private.

[bordersboy] 01/9/2010 22:29

What are we hoping for over the next 2 months ? A rise perhaps ? It would be nice but it's usually one step forward, 3 steps back. :(