Taylor Wimpey Share Discussion Threads

[sir rational] 02/3/2011 14:34

Don't think so...!

[gbh2] 02/3/2011 14:13

Disappointing that we are going into the results with the share price below 39p !

[wolterix] 02/3/2011 14:03

think Warren B has a new train set to play with


a big one!

[imastu pidgitaswell] 02/3/2011 14:02

The Old Dog - 2 Mar'11 - 12:36 - 7329 of 7333


Good luck with that. Last time we touched 45, everyone immediately shat themselves.

Woof




I remember well at the end of April 2010 that it touched 46.2 intra-day - I was in profit on my October 2009 buys in the low 40s. Thought about selling but decided, nah, hold for more rather than a small profit, waited long enough and it can't hurt to wait a little longer.

But as you delicately point out, everyone shat themselves.

Another cracking decision, so wot to do this time - hold for true value or expect the worst? That's my issue and clearly the issue for a lot of people and funds. Doubtless Rupert and Toby will be thinking along these lines too and trading (shorting) accordingly - but when people start anticipating the actions of others, they tend to go early, so it never gets to where it was expected to. Bleeuuurrrrgh.

To avoid any kind of decision, the best thing that could happen is for Warren B to buy the whole lot - yours for a quid Warren if you're watching...

[sir rational] 02/3/2011 13:52

RTRS-WARREN BUFFETT SAYS CAN'T AFFORD TO BE PICKY, WOULD MAKE ACQUISITIONS IN OR OUTSIDE OF U.S. – CNBC
11:38 02Mar11 RTRS-WARREN BUFFETT SAYS BIG DEAL MORE LIKELY TO BE IN THE U.S. BUT WE HAVE NOT BOUGHT OUR LAST INTERNATIONAL COMPANY – CNBC

[sir rational] 02/3/2011 12:57

I suppose double dipping is one possibility

[ludl0w] 02/3/2011 12:52

phew , tf for that , holding belly in for tomz

[aquadave99] 02/3/2011 12:37

Thanks for that gents. I am thinking at the moment with share price around 38-39 we are not going into results too hot, I think with positive results there will be some profit taking and a slight drop in price but only max a couple of %. Generally I think the medium term trend is up which should continue after results day and hopefully be helped along by news on TM. Before news on TM broke I was looking for mid 40's but I think I may hold on further if we get to that level over the next month or so.

If my prediction is anywhere near correct I am better at this than I thought!!!

Regards.

[the old dog] 02/3/2011 12:36

Good luck with that. Last time we touched 45, everyone immediately shat themselves.

Woof

[sir rational] 02/3/2011 12:29

40p will turn into support, of that I am 100% certain.

New trading range will lie in the 40p-50p slot, of that I am less certain.

[spennysimmo] 02/3/2011 12:28

Bounced right off the back test of previous resistance.

[spennysimmo] 02/3/2011 12:22

Probably because overall market news is taking precedent. Conflict in Libya and increase in Oil prices is affecting global markets. Bad timing, that's all.

Aquadave99 - 2 Mar'11 - 12:11 - 7324 of 7324

Just want to get something out of my head and see what people think but several companies have released better than expected results this week and seen falls in sp? I am thinking why would TW be any different? Other than TM news of course. Any thoughts from you guys?

[the old dog] 02/3/2011 12:18

Aquadave99, my thought is that you're absolutely right. The more we put on now (buy the rumour), the more likely a fall is on RNS (sell the news).

However, if news changes the picture, that selling tends to be short-lived and the price picks up again later on. If the news is meh, 30p here we come.

IMHO

Woof

[aquadave99] 02/3/2011 12:11

Just want to get something out of my head and see what people think but several companies have released better than expected results this week and seen falls in sp? I am thinking why would TW be any different? Other than TM news of course. Any thoughts from you guys?

[fewdollarsmore] 02/3/2011 12:05

Sir R... I am with you re the 44/45 being too cheap we were there last year without the sale news in the pipeline.

[sir rational] 02/3/2011 11:53

Followed by one beginning with 5.

I have been thinking about selling a limit sell price and 44-45p is just too cheap on a 6 month view.

[the old dog] 02/3/2011 11:42

Upward channel is still in place, but we will have to have a price beginning in 4 at some point

Woo

[sir rational] 02/3/2011 11:40

Easiest 10% on the FTSE100 today ;-)

[jibba_jabba] 02/3/2011 10:53

Meanwhile traders and analysts were digesting the release of the UK PMI construction report, which showed that sector had a reading of 56.5 in February. That represents an eight-month high.

The positive figures follow similarly upbeat data for manufacturing released yesterday.

[sir rational] 02/3/2011 10:35

JPM 149,630,000

[jibba_jabba] 02/3/2011 10:12

Ok cheers... sorry not with it this morning, 100% concentration on CEY..

[spennysimmo] 02/3/2011 10:09

JJ, the buy recommendation for TW is from JP Morgan. The same broker running the sale of TM?

[sir rational] 02/3/2011 10:06

They have a big holding?

[barf2] 02/3/2011 10:00

Being ragged good and hard today!

I think they just want to maintain the coiled spring chart before the next attack on 40p