Taylor Wimpey Share Discussion Threads

[barf2] 22/9/2010 13:42

Ah bless!
The Telegraph in 'economy is doomed' shocker.

[newm0delarmy] 22/9/2010 13:40

More bad news...reality pill again needs taking.



The golden era of home ownership is 'over', says mortgage boss
The golden age of home ownership is over, the head of the Council of Mortgage Lender says, as he claims new rules on mortgage lending will cause house prices to fall.

[barf2] 22/9/2010 08:24

As ever every trade on PLUS has been a buy while all the sells go through LSE.

Beggars belief that the FSA allow all this chicanery.
PLUS is only there to allow the MM's etc to behave exactly the way they did before SETS.

How long before the FSA officially recognise that? I'd hazard a guess at about 10 years!

[trendfloor] 21/9/2010 20:36

TW, chart technicaly very bullish.

[fewdollarsmore] 21/9/2010 17:42

shrewders have added.... not a lot but have added all the same.

[barf2] 21/9/2010 16:26

Dear oh dear oh dear.

[knowing] 21/9/2010 14:23

DATA SNAP: US Aug Housing Starts Unexpectedly Surge
U.S. housing starts surged a better-than-expected 10.5% in August to a seasonally adjusted annual rate of 598,000, the Commerce Department said Tuesday.

Economists surveyed by Dow Jones Newswires expected overall housing starts to decrease by 0.2% to 545,000 during August, largely because buyers have remained concerned with a weak job market and uncertain economic prospects.

But August's figures indicate a strong month-on-month rise even after the April 30 expiration of tax incentives for first-time purchases, and a 2.2% rise from the same period a year earlier.

Commerce's numbers also reflect a downward revision of July's figures to 541,000 starts from 546,000.

Single-family housing starts rose in August by 4.3% to an annual rate of 438,000.

Building permits increased 1.8% to a seasonally adjusted annual rate of 569,000.

The sharp increase in August starts was a surprise. The housing market tumbled after a government tax incentive for first-time purchases ended April 30. While mortgage rates are low, the job market is bad, turning off would-be buyers. And for those builders willing to overlook lousy sales and break ground, they face problems securing credit as the economy slowly recovers from a financial crisis and a recession that lasted 18 months, the longest the country has endured since the Great Depression.

Home-builder Lennar Corp. (LEN) said Monday its sales pace fell in the third quarter because the tax credit ended. The profit that the company reported was helped by finance-related activities largely unrelated to the core home-building business. Chief Executive Stuart Miller noted that "high unemployment and foreclosures have continued to present challenges for the national housing market."

A housing industry group this week released results of a survey of home builders showing a gauge of sales expectations over the next six months remain unchanged at a very low level, while a gauge of traffic of prospective buyers edged down. "Fewer shoppers are walking through showroom doors - a sign that Americans by and large just aren't that excited about the prospect of buying a house," said Mike Larson, an analyst at Weiss Research.

Groundbreakings of homes with two or more units in August surged 32.2% to 160,000.

Regionally, housing starts in August increased 7.0% in the South, 34.3% in the West, and 21.7% in the Midwest. Starts fell 24.3% in the Northeast.

The Commerce Department said actual housing starts rose to 54,800 in August from 50,600 in July. Lumber and commodities markets watch those numbers closely to gauge demand.

The Commerce report can be found at

[barf2] 21/9/2010 14:22

DEFCON
Yeah,but so were an awful lot of lot of nutters.

[trendfloor] 21/9/2010 13:38

def, 9 hole but now at the 19th.

missed out the last 2 aswell.

No staying power, a bit like NTA.

[gcom2] 21/9/2010 13:33

london likes it

[smurfy2001] 21/9/2010 13:31

12:30

United States
Housing Starts (YoY) (Aug) 0.598M 0.550M 0.559M 2

[smurfy2001] 21/9/2010 13:30

Housing stats much better, by about 50K, rose %10.5

[smurfy2001] 21/9/2010 13:25

NewM0delArmy, when everyone is bearish, well that's a clear buy for me.

Screw what the press say, the market is going up still, so following the market?

[lcairns1] 21/9/2010 13:23

are you on the 16th yet trendfloor?

[defcon4] 21/9/2010 13:16

Anyone who thinks this share is a dead cert(living dead yes) has had a total zombie-style frontal lobotomy!

Speaking of which has anyone seen gcom,...oh yes, there she is in the look out tower aboard the Titanic!

[abu azaan] 21/9/2010 10:00

Come on 30p!

[gcom2] 21/9/2010 09:24

Boat is leaving adios shorters long from 25p yeeaaaahaa

[sarahbudd] 21/9/2010 09:18

Well I added them to my ISA last week - optomistic

[newm0delarmy] 21/9/2010 08:52

Some really stupid bull remarks on here, methinks many have bought in trying to hype up to get out.

The sell off in US story being a classic ramp...anyone with a few brain cells realises the USA is in trouble for years...





AMERICAN homebuilder confidence remained unchanged in September, having fallen to its lowest level for 18 months in August, as concern about the rate of foreclosures and poor job prospects continued to dampened demand, a report said yesterday.

The National Association of Home Builders (NAHB) report showed homebuilders felt there was little reason for optimism with the gauge unchanged at 13 in September, its lowest level since March 2009.

[barf2] 21/9/2010 08:20

or looks completely underdone and ready for a bull autumn rally.Depends which way you look at it.

The one thing we do know is that TW is just treading water day after day.

Runt of the sector once again.