Taylor Wimpey Share Discussion Threads

[sir brainy] 23/4/2010 17:43

Good trade from me

[bobsidian] 23/4/2010 17:42

"One feature of the rotation is that the market is searching out and buying '...quality...' shares which have been unloved in Q4 09 and/or Q1 10."

Indeed. GKN and ECM come to mind. Quietly moving higher.

[leedskier] 23/4/2010 17:39

Noted bobsidian.

One feature of the rotation is that the market is searching out and buying '...quality...' shares which have been unloved in Q4 09 and/or Q1 10.

Some have been recovering quietly, some with a thunder clap as news (perceived to be relevant) emerges from the US. Another example being IMG.

In the case of TW. it simply required ' evidence ' that the housing market was making a real recovery.

That has emerged this week both in the case of existing and now new home sales.

No-one could suggest that TW. at 38p was fair value!

How far it will / should rise we will learn in the coming weeks.

[bobsidian] 23/4/2010 17:32

Leedskier

I noted a comment made by a contributor on CNBC that the housebuilding sector has an historic knack of rallying after general elections.

In the realms of self fulfilling prophecies that seem to have been playing out in this bull market, perhaps rotation is starting to seize newsflow to seek to fulfil that individual prophecy.

[leedskier] 23/4/2010 17:23

Patience is it's own reward bobsidian.

[bobsidian] 23/4/2010 17:14

You have to laugh.

It chooses a Friday to make a monster move on dubious newsflow out of the U.S. and whilst the U.S. markets are in reverse.

And the volumes are comparatively huge as it makes its biggest one day move in months.

A short squeeze perhaps ?

Is this the long awaited breakout or yet another false dawn ?

Noteworthy that the broader FTSE250 is vying with levels not seen since May 2008. You cannot help but believe that the housebuilders seem to be the very last share category chosen to make any move.

[damac] 23/4/2010 16:57

Yeah I know that but what I was meaning was the bid price was moving about during the auction when viewing it on Stocktrade (between 46.25 to 43.99) but the bid on Advfn stayed the same at 45.38

[lordwilson] 23/4/2010 16:56

These guys have to hit 55 next week ??

[gbh2] 23/4/2010 16:40

damac - The prices are crossed during an auction!

[purplebox] 23/4/2010 16:38

:-))))) but why?

[maxharry] 23/4/2010 16:38

Hey lets not be to greedy plenty to go next week .....

[damac] 23/4/2010 16:36

Now 43.99 showing on teh bid on Stocktrade wtf?

[smurfy2001] 23/4/2010 16:35

43.99 close (+3.91 %9.76)

[damac] 23/4/2010 16:34

I've got 46.25 showing on the bid on Stocktrade

[smurfy2001] 23/4/2010 16:32

At this rate, could see 50p before the interim

[gbh2] 23/4/2010 16:31

Right into the close of play, looking like a BBQ wekend with an interesting Monday to follow :))

[smurfy2001] 23/4/2010 16:31

Close auction now, oh well need to wait 5 minutes.

[smurfy2001] 23/4/2010 16:30

now 45.38p on the bid

[gbh2] 23/4/2010 16:29

Longest I can remember

[orchestralis] 23/4/2010 16:29

All good things come to those with patience

[smurfy2001] 23/4/2010 16:28

Sill in auction, WTF???

[mr.oz] 23/4/2010 16:28

been a long time coming ... just look at the LT chart
Thank foook