Taylor Wimpey Share Discussion Threads

[defcon4] 28/10/2010 15:41

I have a stomach churning feeling we may have to visit the high teens before the financing is sorted.

[clarky5150] 28/10/2010 15:29

Just took a long on a June contract. I think we will be significantly higher come next summer.

[imastu pidgitaswell] 28/10/2010 15:08

No, just the US opened. Have a look at the charts on this thread - until the US builders turn round (medium term), this won't go up.

[clarky5150] 28/10/2010 14:56

ouch. Loads on my screen just took a dump. Some news out?

[binladin] 28/10/2010 14:49

noone is going to save this if it went bust..............

[jibba_jabba] 28/10/2010 12:16

The 19 analysts offering 12 month price targets for Taylor Wimpey Plc (TW.:LSE) have a median target of 40.00, with a high estimate of 67.00 and a low estimate of 21.00. The median estimate represents a 71.45% increase from the last price of 23.33.

[robbie paul] 28/10/2010 07:56

Nationwide HPI -7%

[robbie paul] 27/10/2010 23:07

nimbys win again, sooner greenbelt gets built on the better.

[spennysimmo] 27/10/2010 22:29

27 October 2010 Last updated at 21:15

Plans for 285 homes in Keynsham are rejected

Controversial plans to build 285 homes on greenbelt land near Bristol have been rejected.

The building firm Taylor Wimpey also wanted to put shops and offices on the site in Keynsham.

Planning officers had recommended that the Conservative-led Bath and North East Somerset (Banes) Council approved the plans.

But the proposals were rejected by councillors at a meeting earlier.

The plans had sparked protests among some residents who said the access road was "inadequate".

Alan Hale, a Conservative councillor for Keynsham, said the rejection was "very pleasing".

"I think it's an excellent result that's been achieved by the community coming together," he said.

"They've worked hard to stand up against this application."

[spennysimmo] 27/10/2010 22:22

Spanish property love affair back on the cards with 29.6% increase in sales reported

It seems that the Spanish property market has turned an all important corner with the latest figures from the Spanish National Statistics Institute (INE) reporting a 29.6% increase in the sale of dwellings in August 2010 compared to the same period in 2009.

The British love affair with Spanish property was unfortunately interrupted by economics and banking crises back in 2008 however there are indications that feelings could be stirring once again with a passionate reunion on the cards.

In the first half of 2009, investment in Spanish property reached a low of €271 million however new statistics show that in the first half of 2010 this figure more than doubled to €556 million. This massive increase in investment is building confidence in the future of the Spanish property market for developers, agents, property owners and potential buyers.

This positive view of the future of the market is echoed by the Prime Minister Jose Luis Rodriguez Zapatero. The Government believes that the Spanish economy will continue to improve and that property prices, having now bottomed out, will increase also. Zapatero said last month that 'prices have stabilised in general and have even been increasing. Demand seems to be picking up'.

And evidence there is a strong basis for recovering demand seems clear if Internet search figures are to be trusted. Between May and July this year, Spain was the most popular country flight destination with nearly 17 per cent share. The country was also the most popular country for flight searches during this 12 week period, with Tenerife, Malaga and Alicante all featuring prominently in the top 50 destinations list.

Taylor Wimpey de España, experienced developers of property in highly sought after Spanish resorts, is witnessing this increase in demand from clients first hand. Indeed, they have nearly sold all their properties built over the last two years. Since the problems of 2008, there has been less property development by such well known brands and the result is that houses in prime locations are still limited. For example, a person wanting to purchase in a 'premium' location such as Marbella or Benahavis on the Costa del Sol, would find a quality property between €200,000 and €300,000 hard to find.

Taylor Wimpey de España puts its robust performance through the recession period down to its vast experience and strong brand which set it apart from less established and financially stable companies. Its long established presence in the UK has given the firm an advantage by being able to reassure and provide security to potential buyers, some of whom have been left a little weary by the recent economic climate and negative reports. With a resurgence in the number of off-plan buyers Taylor Wimpey de España reports a positive outlook for next year.

Victor Sague, Sales & Marketing Director of Taylor Wimpey España, comments,

"The Spanish property market is back in business! Confidence in the halls of Government and the Bank of Spain is being echoed by many British buyers who are aware that the market for prime property has bottomed out and although there is still a degree of caution in a purchase of such a scale, those who have sat on the fence for the last couple of years are now keen to push ahead with their home buys in order to make the most of the reduced prices.

"Interest in traveling to Spain and seeing all it has to offer is as high as it ever was and our prudent decisions over the last few years have seen Taylor Wimpey España emerge just as strong as before."

One development that has proved particularly popular with buyers is Pollentia Mar on the stunning island of Mallorca. Located in the seaside town of Puerto Pollenca, Pollentia Mar is just 50m from the beach and the famous Voramar promenade.

Mallorca and its north coast have a variety of very good golf courses and almost every view from the area incorporates the spectacular view of the Sierra Tramontana mountain range or the beautiful bay of Pollença. Pollença is just 35 minutes from Palma de Mallorca.

[knowing] 27/10/2010 15:34

DATA SNAP: US Sep New-Home Sales Up More Than Expected
U.S. new-home sales in September continued their rise from a rock-bottom level as the housing industry struggles to stabilize without government support.

Sales increased 6.6% from the previous month, to a seasonally adjusted annual rate of 307,000, the Commerce Department said Wednesday.

Inventories shrank and prices rose modestly.

Economists surveyed by Dow Jones Newswires had estimated sales would go up by 4.2% in September to 300,000.

The increase was the second in a row. August sales climbed 1.1% to 288,000.

U.S. realtors this week reported sales of used homes, which make up most of the housing market, climbed above expectations in September. But analysts dismissed the surge, saying high unemployment and inventories will keep the housing sector from making much progress in the near term.

Year over year, new-home sales in September were down by 21.5%. Demand plunged in the spring after the end of a government tax credit meant to spur the floundering housing sector.

Sagging sales hurts construction and the overall economy. U.S. payrolls tumbled in September, with another decline in construction industry employment.

Furthermore, the foreclosure crisis is adding to worry over housing. Some banks suspended sales of foreclosed homes last month amid questions about the integrity of the foreclosure process.

New-home inventories shrank in September, yet remain high. At the current sales pace, it would take 8.0 months to sell the nation's inventory of 204,000 new homes, the data Wednesday said.

An unhealthy level of inventories adds more pressure to already depressed home prices. Yet Wednesday's data showed the median price for a new home increased year over year by 3.3%, to $223,800 from $216,600 in September 2009.

Prices have fallen a lot as the housing market struggles. While a lower price is attractive, a trend of declining prices can discourage people from buying as they hold out for a better deal. Also, eroding home values make owners feel less wealthy, contributing to a frugality that restrains the economy's big engine--consumer spending.

Home sales rose in most regions in September. Sales climbed 60.6% in the Midwest, 3.2% in the South, and 3.4% in the Northeast. Sales fell 9.9% in the West.

[imastu pidgitaswell] 27/10/2010 14:02

Yeah, 24p. Woop-de-doo...

[abu azaan] 27/10/2010 13:27

I suspect intra day shorting. will go back up IA

[shaws37] 27/10/2010 13:02

spiked to let someone off load ?

[shaws37] 27/10/2010 12:00

wow, whats going on ?? Niiiiice

[knowing] 27/10/2010 11:58

Someone is hoovering these up

[gcom2] 27/10/2010 11:57

Half year results encouraging i'm buying more target 44p

[jibba_jabba] 27/10/2010 11:52

British bulls buy confirmed... lol

[barf2] 27/10/2010 11:33

Oh yeah, I remember now. ;-)

[spennysimmo] 27/10/2010 11:11

Here you go barf, this might help your vertigo.

[barf2] 27/10/2010 11:07

Getting a bit giddy being so high up!

[libertine] 27/10/2010 10:53

+------------+----------+------------+------------+-------------+------------+--------+
| C: Financial Instruments with similar economic effect to |
| Qualifying Financial Instruments |
+-------------------------------------------------------------------------------------+
| Resulting situation after the triggering transaction |
| |
+-------------------------------------------------------------------------------------+
| Type of | Exercise | Expiration | Exercise/ | Number of | % of |
| financial | price | date | Conversion | voting | voting |
| instrument | | | period | rights | rights |
| | | | | instrument | |
| | | | | refers to | |
+------------+----------+------------+------------+-------------+---------------------+
| CFD | | | | 76,075,656 | Nominal | Delta |
| | | | | | | |
+ + + + + +------------+--------+
| | | | | | 2.38% | 2.38% |
+------------+----------+------------+------------+-------------+------------+--------+
| Warrant | 17.4473p | 15/05/2014 | 15/05/2010 | 19,000 | 0.00% | 0.00% |
+------------+----------+------------+------------+-------------+------------+--------+

[gcom2] 27/10/2010 10:50

but cfd's would not give voting rights

[libertine] 27/10/2010 09:48

Change in Blackrock holdings is addition of 6 million in CFD`s only

[imastu pidgitaswell] 27/10/2010 09:30

Are we sure about that? As I look at it, Blackrock have sold their direct holding of some 7.62% and acquired indirect holdings of much the same percentage (7.62%), plus they have purchased CFDs with an effect of 2.38%, hence have an effective interest of 10%.

Why and how, I don't know. But worth keeping an eye on their next move, given their propensity for acquiring and divesting of businesses. Can't see them buying the whole thing at the moment, as they won't get debt finance to buy an indebted business - but give it 12 months, another year of banks making megabucks out of quantitative easing and no share price movement and they just might...