Taylor Wimpey Share Discussion Threads

[fangorn2] 26/10/2010 11:14

US home sales data were ahead of forecasts yesterday. Out of interest what percentage of Wimpey's business is US based? Surely there must be some positives coming from over the pond to offset the doom and gloom of the UK property market?

[smurfy2001] 26/10/2010 10:12

NMA, Does that mean companies like Vodafone which has billions in debt is also "not the best"?

You don't understand business, many companies run with debt, it's how you manage that debt, which TW is doing by reducing debt every year and now the company is making a porfit.

So you're post comes across as not very intelligent.

[nma_oneofenglandsbest] 26/10/2010 10:07

This company is not the best in the sector...why?

DEBT.

[smurfy2001] 26/10/2010 10:06

noddy31, TW have already written down.

Can you explain how it will be written down further?

How many % does the UK house prices need to go down for a further writedown?

The next results indicate a writeback with an increase in NAV - this is no secret.

So please explain your post, with facts to back it up.

Thanks



noddy31 - 25 Oct'10 - 22:44 - 4715 of 4717

Temporary respite for many property developers.

Too much pressure on prices to go down.

The NAV will soon be revalued downwards as house prices and consequently land prices start to head down.

Many job losses coming soon and many more repossesions. The downward pressure is about to be unleashed.

The NAV will be hit hard at the next results.

[knowing] 25/10/2010 23:46

A very very interesting article



Shows how much the market knows!

[noddy31] 25/10/2010 22:44

Temporary respite for many property developers.

Too much pressure on prices to go down.

The NAV will soon be revalued downwards as house prices and consequently land prices start to head down.

Many job losses coming soon and many more repossesions. The downward pressure is about to be unleashed.

The NAV will be hit hard at the next results.

[sundaymonday] 25/10/2010 16:17

looks very oversold

[2vdm] 25/10/2010 16:02

Thanks Imatsu & Fewdollarsmore. I suppose the sane thing is to wait for early November unless the price takes another big dive and/or news of a US sale

[jibba_jabba] 25/10/2010 15:13

Cheers something wrong my end..

[libertine] 25/10/2010 14:55

US clocks change 7th Nov

[jibba_jabba] 25/10/2010 14:08

US clocks have changed..

[imastu pidgitaswell] 25/10/2010 13:44

PS - I sold these at around 36p (bought at around 25p), to buy TW.




So be careful who you take advice from...

[smurfy2001] 25/10/2010 13:41

imastu pidgitaswell,

As you say, they won't do a rights issue at this level, no chance.

[fewdollarsmore] 25/10/2010 13:39

2vdm - I beleive the IMS is 4th November based on 2009.

[2vdm] 25/10/2010 13:23

I made some good money out of this last year, but took a big hit and am averaging at 43p now so hardly happy. The good news is that I can afford to hold for the long term if necessary ,but the question is how long? TW has consistently reduced debt in line with its forecasts, but will it be able to continue to do so and maintain its land bank.
Does anyone know when TW next report and secondly any views where the next line of resistance may be.
For the first time in a v.long time, I'm unsure whether this is a dead duck or getting close to an opportunity for a serious buy into my SIPP. Any considered thoughts much appreciated.

[last rites] 25/10/2010 10:23

paulo92 i'd be inclined to short it or sit it out for now, this fall looks precipitous. Only fools rush in.

[paulo92] 25/10/2010 10:06

Ive been out of these for a while, but with all the fear about they are back on my radar. Anyone else contmplating getting back in with Miss TW?

[hdenandy] 25/10/2010 10:05

SMURFY - Exactly - it's worked in the past, I'm sure it will again.