Taylor Wimpey Share Discussion Threads

[smurfy2001] 09/9/2010 08:13

9 September 2010

Taylor Wimpey plc

Appointment of Joint Broker

Taylor Wimpey plc today announces the appointment of RBS Hoare Govett as joint corporate broker with immediate effect.

[spennysimmo] 09/9/2010 08:03

That is what I thought, the sale or separate listing? Time will tell.

[barf2] 09/9/2010 08:00

I'm presuming something to do with America? Perhaps JPM were tasked with progressing that and they need a new angle.Or it could just be some admin garbage.

[spennysimmo] 09/9/2010 07:53

Why appoint a joint broker? To assist with what?

[diku] 08/9/2010 22:39

Would it not be a perfect time for a merger/consolidation within the UK housebuilders?...

[sequoia] 08/9/2010 22:35

Well I thought it a good sign 28p tested from 11AM and still holding.
seq

[barf2] 08/9/2010 13:20

Well they've put a lid of 28.2p on this so far today.The moment it nudges it a raft of sells appear.

[diku] 08/9/2010 13:16

barf2...hedgies will move over to the Mining sector for the bait!..

[barf2] 08/9/2010 12:54

The Telegraph doing its' best to drag the economy into recession again.

This is how they interpreted the Halifax price news

[barf2] 08/9/2010 10:24

This is how I imagine the conversation goes

MM: The house price index was up again,what do you want me to do?
HEDGIE: What do you mean? that's got nothing to do with it.
MM: But I'm getting a lot of people wanting to buy?
HEDGIE: so? that's your problem
MM:Well it may mean I can't keep taking the price down
HEDGIE: You'll do what your told sunshine or else there won't be any more nice days out for you and your mates.

MM: The only thing I can do is to bang most of the buys through PLUS
HEDGIE: Do that then and don't bother me again,muppet.

[barf2] 08/9/2010 10:15

The trouble is that many of them have set their stall out and predicted double dips etc and now have to try and get the data to fit their projections.

Herd mentality - as we know when they go the other way they tend to all stick together.

There must be so many incompetent pundits and brokers etc that are currently hiding behind other peoples projections and just repeating the standard tosh.

I've said before the sector will only change properly once the hedgies etc have tired of housebuilders and moved on to another sector.

Then we will see all of the usual faces suddenly saying the sector is oversold etc and recommending people get on board.

[newkid] 08/9/2010 10:11

If the agents talk the market down then they have more chance of selling houses. Get them to a price that will shift them.

[gcom2] 08/9/2010 10:06

Funny the other week my house was losing £90 a day while it's price was rising.

Journalists, chartered surveyors, agents, all clueless.

[spennysimmo] 08/9/2010 10:05

Nationwide say that house prices have fallen then two days later Halifax say they have risen. Shows what a mockery it all is.

What that actually says is that Nationwide's negotiators need better sales training.

[barf2] 08/9/2010 09:30

Thta was suspended yesterday and nothing has really changed but I'd agree that it is a 'reason' to knock an associated sector.

Not that the hedgies feel a need for a reason.

[freddie63] 08/9/2010 09:02

Barf

CNT hasn't helped.

[barf2] 08/9/2010 08:49

...and we're off again.Another 3.5% drop on sweet FA.
No large volumes,no bad news,no market rout just control of the SETS system once again.

[barf2] 08/9/2010 07:36

Because the stock market is a mockery thesedays.Too many financial instruments and parties with diverse agendas.

I think the days of companies being valued on fundamentals are long gone and now we just have a collective casino where insiders have the cards stacked in their favour.

I think there will,over time, be a recognition that having opposing agendas etc does not make for a balanced market.The days of shorters and hedge funds bringing valuable 'liquidity' to the markets are also behind us and the purpose they used to serve has become an uncontrollable beast so that companies trade where hedge funds drive them.

I know it was a rhetorical question dealy but thought I'd vent my spleen anyway.

Where to today? Held up well compared to main markets yesterday and that Barrats news 'should' help but who knows?

[dealy] 08/9/2010 07:16

barratt out with strong final results this morning. They are also trading at half of tangible NAV.

How did we end up in world where large asset based companies are trading at half of tangible NAV when interest rates are practically zero?

[bordersboy] 07/9/2010 19:32

double top, triple bottom. maccy'd turned positive but volume low.

Candles make interesting reading. 10 day sma turning up but needs to cross the 50 ema. Could be trading in a channel.

[davy855] 07/9/2010 19:29

And what do you deduce from your pictorial drawing?

[newkid] 07/9/2010 18:59

Been in Gib today. First bit of rain I've seen in 3.5 months. Had a look around again at the property market there. Prices start at £3.5K per metre. One hell of a lot of building work going on. 1 bed will cost you £275k in one of the new devolopments. Also there is lots of building work still going on in Spain regardless of what the UK press say. If anyone ever wanted to buy here I would say nows the time to do it. Prices have been flat for nearly 1 year.