Taylor Wimpey Share Discussion Threads

[smurfy2001] 13/5/2011 15:44

double top intraday, come on 40p!

[michael9000] 13/5/2011 15:30

how long term and what price do you guess at ?

[bogi yare] 13/5/2011 15:30

40p is just too resistant!

[homeboy35] 13/5/2011 13:29

Long term chart still looking healthy. I'm a long term hold and add

[fewdollarsmore] 13/5/2011 12:16

aspers - shame, I did my shopping there yesterday every little helps or is that someone else!!

gcom - surely 20p is too much of an increase, I only expect 50p.

[aspers] 13/5/2011 12:05

Will this ever get above 40p and stay there!??? Fed up with this for the time being.....moved my money in to SBRY today, decent rise already and a 10.8p divi next week!! :-))

[gcom2] 13/5/2011 11:58

yes the posts are ridiculous, they use matches

[spennysimmo] 13/5/2011 11:56

What a ridiculous post.

[gcom2] 13/5/2011 11:39

margin improving due to cutting corners , like using lollypop sticks for door frames

[sir rational] 13/5/2011 11:37

Hardly likely when it's already very profitable, has sorted out its strategic focus and has a viable plan of action to dramatically improve margin to something double digit by next year

[gcom2] 13/5/2011 11:09

right shoulder complete- i expect TW. at 20p due to the dire state of the housing market.

[sir rational] 13/5/2011 09:48

No sir!

50p

[gcom2] 13/5/2011 09:33

yes but taylor wimpey handles fall off, remember

[sir rational] 13/5/2011 09:24

cup 'n handle!

[slytherin] 12/5/2011 09:39

As long as it's not pear-shaped, I'm happy :o)

Reckon talk of an imminent interest rate rise will hold us back a bit, but completion of TM sale should give us a boost at some point.

[sequoia] 11/5/2011 20:19

Has the sense of humour carried on,even today`s candlestick is T shaped.LOL
;-)
seq

[imastu pidgitaswell] 11/5/2011 09:19

Nothing wrong with a bit of cut 'n paste from the internet instead of coming up with your own prose - it's good enough for Panmure Gordon, isn't it? :-)

When I said reasonable, I was referring to the overall BDEV position, including their specifics of exceptional refinancing costs, restructuring costs, interest swap exit costs etc. All told some £70m of 'expcetional costs - and we thought the banks too TW, to the cleaners...

Anyway, none of the BDEV-specific stuff matters, just the market info, which was good - although not stunning, certainly not in terms of volumes. Good, but not great, and nothing unexpected.

[sir rational] 11/5/2011 09:10

...er, isn't that TW.'s strategy?

We are on track to deliver a substantial improvement in operating profit (Note 1) in both the second half and the full financial year, driven by new higher margin sites and a continued focus on tight cost control

[sir rational] 11/5/2011 09:09

...and BDEV getting marked UP

[sir rational] 11/5/2011 09:07

Ima - come off it, that's not 'reasonable', it's VERY positive:

We are on track to deliver a substantial improvement in operating profit (Note 1) in both the second half and the full financial year, driven by new higher margin sites and a continued focus on tight cost control

-- The Group has agreed its debt refinancing which provides around GBP1 billion of committed facilities to May 2015, and will reduce the effective cost of finance going forward

Commenting on the IMS, Mark Clare, Group Chief Executive of Barratt Developments said:

"We are encouraged by the improvement in market conditions we've seen since the start of 2011, following a challenging autumn period. Our strategy for recovery is progressing well and we continue to expect a substantial increase in operating profit in our second half. The successful refinancing provides a strong platform for the business and will enable us to reduce the effective cost of financing going forward."

Trading

Our focus has remained on driving the maximum value for each and every sale rather than chasing volume. Our private average selling price (excluding joint ventures) has continued to increase and is up by c. 4% on the prior year equivalent period, driven by changes in our sales mix.

[imastu pidgitaswell] 11/5/2011 09:04

Reasonable update from Barratt today - nothing new, but a useful reminder of recent Government moves on the housing market, plus good volumes and margin indicators.