Taylor Wimpey Share Discussion Threads

[7rend7rader] 11/11/2010 18:20

V. strong today compared to the sector, going against the 7rend, time to open the bubbly.

[racg] 11/11/2010 15:39

ban ramsey!

[hiq] 11/11/2010 14:59

44p around the corner

[shaws37] 11/11/2010 13:33

ahh, blue, about time too.

[imastu pidgitaswell] 11/11/2010 13:06

It's thinking about going up, even while the others are heading South. Somebody give it a kick and make it behave...

[imastu pidgitaswell] 10/11/2010 10:48

It is a start though.

As the banks rebuild their capital (through QE and making ridiculous margins on their 'free money' from QE) they are starting to test the water in trading headline margin for volume. 100% increase in volume (e.g. 200 instead of 100) for 10% reduction in margin (eg 4.5% instead of 5%) = 80% increase in profitability.

And if they succeed, the other lenders will do similar things - they're all sheep, and trying to balance their safety against their risk. They will continue with the requirements for 50%+ equity for the best rates, and they will continue with hefty margins, until they feel a bit more tempted. But it's a start. It will eventually feed through to the housebuilding sector - volumes are the key, not increased margins.

Give it a few years and we'll be back at 125% loans and securitised lending, but that's tomorrow's problem...

[barf2] 10/11/2010 07:25

Quite right and I think it might have been the pundits comment as opposed to Myra Butterworth at the Telegraph.

Still an opportunity missed for putting the boot in again.They would normally scream about the end of the world as we know it.

[spennysimmo] 10/11/2010 07:21

Calm down, no need to panic, if you read it again they are trying to kick start the re-mortgage market, not the mortgage market.

[barf2] 10/11/2010 07:00

Someone has 'gone rogue' at the Telegraph and done a piece about banks reducing mortgage rates in an effort to kick start the mortgage market without littering the piece with huge negatives.

There'll be fireworks in the sub editors office today when he sees that!

[spennysimmo] 09/11/2010 19:11

I have had confirmation that the IMS will be before the 19th November and will be confirmed on the TW PLC website soon.

[fewdollarsmore] 09/11/2010 18:19

4/11 last year so guess soon...

[jinxter] 09/11/2010 12:56

When is the interims please? is it this week?

[imastu pidgitaswell] 09/11/2010 11:11

As opposed to 1-way swift descents...

Voliatility in the mid 40s would be good, but at these levels - nah. Just get it back to 45 or so. Ta...

[smurfy2001] 09/11/2010 11:01

Good to see to voltaility return back to house builders.

[jibba_jabba] 09/11/2010 10:59

It's going the right way... S3 S2 S1 PP R1 R2 R3.

Support on the way down resistance on the way up..

[barf2] 09/11/2010 10:43

Is that good or bad?

[jibba_jabba] 09/11/2010 10:27

Bang on R1 at the mo..

[7rend7rader] 09/11/2010 08:12

Financial Times
Lenders to Crest Nicholson are facing the prospect of a second round of writedowns on the value of their loans as concerns about a double- dip recession dog the property market.

[jibba_jabba] 08/11/2010 21:08

Tonight RICS House Price Balance (00:01)

[smurfy2001] 08/11/2010 20:32

I think qe2 will support the market...

[scars] 08/11/2010 20:10

Will be expecting more downward pressure to be applied in the morning, will see how it reacts.