Taylor Wimpey Share Discussion Threads

[spennysimmo] 22/10/2010 16:43

Wasn't this 4p and £1.5bn of debt at some point?

[wig123] 22/10/2010 16:41

What worries me is the point and figure targets. 15.75 , 16.75 and wait for it................... 11p ffs

[knowing] 22/10/2010 16:39

Bagpuss maybe

[imastu pidgitaswell] 22/10/2010 16:37

Erm, no.

Think interest rates of times gone by and interest rates now - what are the mortgage repayments now on a loan for a £160k house and what were they then? And don't forget that it's not always just one person's earnings counting towards a mortgage these days. Think how housing cycles move and where we are after three years of price declines. And think how difficult an average price of £160k is really - try googling estate agents in some nowhere places like Derby or Warwick (apologies to residents of Derby and Warwick...) and see what you can get for £160k in 'normal' parts of Britain. We're not going down much further.

Ah well, that bloody gap is well and truly closed...

[careful] 22/10/2010 16:25

if want to see a scare story about property prices log in to that Jack Nicklaus
Spanish property development.
apartments and villas at 40% off.
E mail to get prices on bank repos.

easy to get half price.
golf course, pools, sea location. looks ok.

is that the future for uk property.?
back to 3x average earnings for av prop.
say 80k average.?

[shaws37] 22/10/2010 16:24

Perhaps Redfern is needing replaced ?

[spennysimmo] 22/10/2010 16:22

Why fear it, just subscribe and your percentage of ownership will remain unchanged. What is the issue if they do? Bring it on, makes no odds. Except debt will be all but wiped out at the bottom of a cyclical market. Only one way to go after that.

[careful] 22/10/2010 16:14

i fear that the builders will be coming back for more cash.

[shaws37] 22/10/2010 16:11

zero pence is the bottom - now that would be a bar steward.

[ny boy] 22/10/2010 16:06

We got 22.79 today, so not far off a possible short term bottom but difficult to call any bottom here the way the chart looks?

[ny boy] 22/10/2010 14:23

according to investtech the bottom of the down channel is 21.79p assume that's the target, which has to hold?

[fletcher] 22/10/2010 14:22

Robbie Paul - 22 Oct'10 - 14:12 - 4606 of 4606

bwy,rdw,bvs,psn.

Must be all the debt these two are carrying.

Agreed, but don't forget that TW has the North America & Cannada operations (forget Spain. Now the sale of these two could wipe out a very large slice of the debt.

[robbie paul] 22/10/2010 14:12

jeez tw and bdev look like basket cases in comparison to bwy,rdw,bvs,psn.

Must be all the debt these two are carrying.

[clarky5150] 22/10/2010 13:53

Fletcher, i wouldnt bother if i were you, jab is just jabbing everyones buttons. No substance or research evident in his posts. Filter him and breath a sigh of relief.

[fletcher] 22/10/2010 13:44

jab118

I visit them regularly along with other house builders, it's part of my job .


And do you stand by your comment "it's not looking good " and what exactly isn't looking good, the weather, the carpet, the economy, or what?

[clarky5150] 22/10/2010 12:06

Next chart support just over 20p.

[ny boy] 22/10/2010 11:56

Just refelecting the dire outlook for UK property market after yesterdays news, I would say buyers and normal conditions should return going into 2012 but I doubt earlier, so the share price should start to react postivily from the Q2 onwards next year, as long as they have adequate capital and don't have to go back to the market then these should be ok but where's the bottom, no captitulation low in, maybe this will take place when the generl markets correct after recent gains? Double bottom under 10p would be a good sign I guess.

[spennysimmo] 22/10/2010 11:33

barf, I'm starting to believe your theory.

Investec downgrade PSN to SELL and they are down .6%
Investec downgrade TW to HOLD and they are down 1.7%

[jab118] 22/10/2010 10:11

fletcher

So you work for TW obviously

LOL....;-)

[smurfy2001] 22/10/2010 10:04

etome, nice link - thanks