Taylor Wimpey Share Discussion Threads

[fewdollarsmore] 07/12/2010 21:22

See below bit of the blackrock holdings that you may or may not have missed almost 3% of CFD's.... anyone care to look back to see what it was at previous holdings rns



Type of | Exercise | Expiration | Exercise/ | Number of | % of |
| financial | price | date | Conversion | voting | voting |
| instrument | | | period | rights | rights |
| | | | | instrument | |
| | | | | refers to | |
+------------+----------+------------+------------+-------------+---------------------+
| CFD | | | | 90,247,506 | Nominal | Delta |
| | | | | | | |
+ + + + + +------------+--------+
| | | | | | 2.82% | 2.82% |
+------------+----------+------------+------------+-------------+------------+--------+

[jibba_jabba] 07/12/2010 20:12

CLLN tomoz...

[shaws37] 07/12/2010 19:05

The positive side is they have bought and not sold. :-)

[sir rational] 07/12/2010 18:55

They wouldn't buy solely to lend out, would they?

I am sure that most big holders allow shorting to generate a bit of income so Blackrock's purchase changes nothing.

[shaws37] 07/12/2010 18:49

yep, rowlocks it is :-)

[shaws37] 07/12/2010 18:40

Blackrocks holding means more to lend out :-(

[fewdollarsmore] 07/12/2010 18:03

Spenny - chart please!

[fewdollarsmore] 07/12/2010 18:02

I do not like Blackrock being involved something a tad fishy with them.... I beleive they were also into JPR..

[sir rational] 07/12/2010 16:52

That 10.99% is cute, too - they only have to buy a few more to trigger another RNS

[sir rational] 07/12/2010 16:50

Nice, that means 40p+ for sure

[spennysimmo] 07/12/2010 16:50

Blackrock have bought 20m and gone above 10% if I have read the RNS correctly.

[sir rational] 07/12/2010 16:35

UT 3.6m @ 29p dead

[jibba_jabba] 07/12/2010 16:19

BDEV beat us to it....

[sir rational] 07/12/2010 16:12

Little pause then up again, worth clocking the UT today for clues

[the disciple] 07/12/2010 14:07

Nice ,looks like we are on the way back up ,havn't looked at this for a week....

[master rsi] 07/12/2010 12:36

From the "UPS" thread this morning .................

Master RSI - 7 Dec'10 - 09:23 - 94 of 103 edit
House builders and contruction - all very strong after positive news from Bellway ( BWY )

[smurfy2001] 07/12/2010 11:49

Bellway comments (Panmure),

The market should be encouraged by Bellway's Q3 IMS. Although yoy unit
sales are slightly down, they are better than expectations. The company sees
net profits ahead by 20% in H1, primarily due to margin improvements as
new higher margin land comes through the system. We maintain our Buy
recommendation and move our target price from 737p to 694p.

Q3. During the quarter, unit sales have been slightly down, prices have been ahead (primarily due to product and geographic mix) and margins have been ahead due to newland coming through the system and slightly better overhead recovery. Given this company appeared to be quite downbeat at its last analyst meeting, the market should beencouraged that the decline in consumer confidence appears to have levelled out.

Summary. Bellway is a well run business which operates with a strong balance sheet (net cash). The company has a stronger current year sales position than it had 12 months ago and it is enjoying the margin benefits of new land working its way through the system. We maintain our Buy recommendation and move our Target Price from 737p to 694p.

[smurfy2001] 07/12/2010 11:47

All good today,

Barratt Developments PLC (BDEV:LSE): Last: 84.65, up 5.85 (+7.42%), High: 86.00, Low: 78.75, Volume: 6.86m

Bellway PLC (BWY:LSE): Last: 600.50, up 42.5 (+7.62%), High: 610.00, Low: 566.00, Volume: 627.88k

Persimmon PLC (PSN:LSE): Last: 408.70, up 26 (+6.79%), High: 405.30, Low: 381.20, Volume: 2.26m

Taylor Wimpey Plc (TW.:LSE): Last: 29.29, up 2.06 (+7.57%), High: 29.77, Low: 27.34, Volume: 18.52m

Bovis Homes Group PLC (BVS:LSE): Last: 380.30, up 17.2 (+4.74%), High: 381.10, Low: 365.20, Volume: 1.37m

[imastu pidgitaswell] 07/12/2010 11:46

Nice to hear it confirmed by BWY that the post CSR period has seen an upturn, as people have (some) clarity on jobs and their own personal situations.

For every one of those 'half a million' public sector jobs going, there are 12-13 that are not going and even then the half a million is over 4 years and is fewer than the annual rate of retirements anyway. There is a great (fortunate) majority of people who are just getting on with their lives and as ever, some of them are moving home or wanting to move home every day for various reasons. The media headlines and uncertainty just paralyse people into deferring decisions, but the clarity from the CSR issues does help.

What we now need is mortgage availability, and things like the 90% one the other week will help. That said, I just googled '90% first time buyer mortgages', and there are plenty of them - not that you would know it from the Daily Mail headlines. Granted the prices are high, but they're coming down, and let's face it, how else do the banks build up their reserves again, after their unfortunate mishaps, bless 'em? Oh yes, they shaft the likes of TW. on their refinancings....

[smurfy2001] 07/12/2010 11:45

As previously reported at the time of our annual results on 19 October,
reservations prior to the announcement of the Government's Comprehensive
Spending Review (CSR) did not benefit from the usual degree of uplift normally
associated with the housing market in autumn. Since the CSR, however, home
reservations taken are ahead of the Board's expectations, although still
slightly down compared with the same period last year. The decline in consumer
confidence appears to have levelled out and encouragingly, people are still
committing to purchase even at this time of year.

[imastu pidgitaswell] 07/12/2010 11:23

Sound about right. A pullback of some description before rising further would be healthy, if unwelcome short term. More higher lows, establishment of an uptrend etc.

And frankly it's all farting about until the mid 40s anyway (when I bought, the lowest being at 41 over a year ago...) Ludicrous price level in the 20s anyway looking at net assets - the only benefit was closing that bloody gap...

[spennysimmo] 07/12/2010 11:16

I prefer using an envelope to bollinger bands but the principle is the same. The MACD-H on your chart is also now as high as the previous high so this area will provide some resistance for now. Equally 30p due to the fact that it is simply 30p and the next round number will also provide some resistance.

If the bulls are now firmly in control I would expect just over 30p to be achieved with a pull back under 30p to target and take out some short stop losses before advancing further.

[sir rational] 07/12/2010 11:13

Doesn't always work like that, consolidation then onwards