Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 28/2/2011 16:12

Hell of an article Sir R - that's what's driving this.

Like this bit: "A private builder that had offered to pay in the range of 90 percent to 110 percent of the combined assets' $950 million book value has dropped out of the auction........JPMorgan Chase, the bank hired to run the sale, told that bidder that its bid was too low"

Kerching...

[sir rational] 28/2/2011 16:09

Hope so...logically there has to be a decent chance of c.$1b success in reasonable timeframe for the buying pressure to be maintained...otherwise better to have travelled etc

[newkid] 28/2/2011 16:03

SR. I think it will come before Thursday. At least I hope so. This will rocket past 45p short term and pos play catch up with BDEV if we do get news followed by a pos results statement on Thursday. AIMO

[sir rational] 28/2/2011 16:02

We could even see 50p this week

[spennysimmo] 28/2/2011 15:58

The timing of Buffet's comment could not have been better.

[sir rational] 28/2/2011 15:56

We'll deffo get an update on this soon, today, tomorrow or Thursday.

Positive

[the old dog] 28/2/2011 15:54

GET IN

Woof

[sir rational] 28/2/2011 15:53

Got us an auction lol

[smurfy2001] 28/2/2011 15:29

BOOOOoOoooooooooooom!!

[spennysimmo] 28/2/2011 15:28

Hi Smarty.

[shaws37] 28/2/2011 15:28

40p has been hit. Looking good.

[smurfy2001] 28/2/2011 15:25

Wooof woof woooooooof!!!

[sir rational] 28/2/2011 15:04

Blackstone Said to Buy Centro's U.S. Malls for $9.4 Billion
By Angus Whitley and Nichola Saminather - Feb 28, 2011 8:42 AM GMT

Centro, which manages A$16.5 billion of shopping malls in Australia, New Zealand and the U.S., put its assets up for sale two years ago.

Blackstone Group LP, the world's largest private-equity firm, agreed to buy Centro Properties Group's U.S. shopping centers for $9.4 billion, two people familiar with the matter said.

The purchase of 588 malls, at the price they were valued at as of Dec. 31, may allow Centro's Australian operations to continue as an independent company, said one of the people, who declined to be identified before an official statement. The deal may be announced as early as today, the person said.

Blackstone's biggest deal since 2007 signals the firm is betting on a recovery in U.S. commercial property after the subprime crisis that derailed Melbourne-based Centro's U.S. acquisition spree as debt costs soared. Defaults on U.S. commercial real estate mortgages held by U.S. banks fell in the fourth quarter from the previous three months, the first decline in almost five years, according to New York-based real estate research firm Real Capital Analytics Inc.

[sir rational] 28/2/2011 15:01

US shrugging off the stats

[shaws37] 28/2/2011 14:34

Buffet may buy TM

[sir rational] 28/2/2011 14:33

The old 44p is the new 50p, could go higher depending on outlook. TM the key to 50p+ though

[the old dog] 28/2/2011 14:23

I break even at 45p. We'll need to go through it like a steam train if I'm not going to be sorely tempted to exit

Woof

[sir rational] 28/2/2011 14:22

When better time to announce the TM sale than on Thursday?

[smithy69] 28/2/2011 14:14

Would like to hold on if it gets near 44p but seen it get there before and held and it went rapidily down so would be tempted to get shut at 44p mark

[lol short killer] 28/2/2011 13:52

Thanks god! I am in 0.2p profit now.

lol

[lol short killer] 28/2/2011 13:43

Thanks god! I am in break even now.

lol

[smurfy2001] 28/2/2011 13:41

Finally we're getting somewhere.

WOOF woof!

[sir rational] 28/2/2011 13:29

44p would get tempting but too dangerous to leave now until we get TM news - it was pretty much leaked that there were 3 bidders at book, there is no reason to believe they'll get less than $1b

[the old dog] 28/2/2011 13:26

Let me be the first to say it: 40 today.

Woof