Taylor Wimpey Share Discussion Threads

[sir rational] 04/7/2011 08:21

sorry naed that was just a newspaper snippet

[naed] 03/7/2011 22:36

Depends when you bought in SR.
I was working in Africa and missed the best time however still managed to buy at 14.75p and sold my main bulk at 52p. I bought more with the share split at 25p but seriously expect this share to be in the low 50's in the next 2-3 months.

[sir rational] 03/7/2011 21:26

Judging by my portfolio, so far this has been a "risk off" half-year. My safer shares have done best. I guess that now one of the best ways to make money is to buy a share considered risky and then for it to morph into one considered relatively safe. That is what has happened to my shares in Barratt, the house builder.

It used to be considered over-borrowed and saddled with stagnant or falling house prices. Now debts are way down and people see that the company is coming through to higher profitability. The shares have zoomed from 56p to around 110p this year. And I hope that may not be the end of it.

[sequoia] 03/7/2011 19:10

Good lad but you have to trade right!


"the first one now will later be last"

[slytherin] 01/7/2011 16:40

Baron Slytherin of Fotheringham-on-Wye has got nearly 4 times the holding of Baroness Brenda Dean of Thornton-le-Fylde! Beat that...........

[sir rational] 01/7/2011 16:25

Satisfactory day

[fewdollarsmore] 01/7/2011 15:38

I own more than the FD!!!!!

[gbh2] 01/7/2011 15:09

The non-exec directors holdings are an absolute disgrace that doesn't say much about their confidence in the company's future!!!

[sir rational] 01/7/2011 15:04

Wants to go up

[fewdollarsmore] 01/7/2011 12:32

Aphro - Shame I did not take my own advice on Lloys would have been a decent trade it was pretty obvious one..

I hope you are right re the city boy comment!

[aphrodites] 01/7/2011 10:02

I am informed by a colleague in the City that there is good institutional demand to buy stock and in size.

The price movements on SETS is disguising the underlying demand and more than probably the MM's are up to their usual tricks trying to show a weaker trading price.

For a large institutional buyer to get any size they will have to pay up and I would expect to see this test the 40p level next week.

[shaws37] 01/7/2011 09:45

ticking away nicely.

[sir rational] 30/6/2011 20:37

Ta, missed that. They're in for the 55p next month I reckon

[libertine] 30/6/2011 20:33

Directors Buying

Peter Redfern, Chief Executive Officer, bought 134,192 shares in the company on the 30th June 2011 at a price of 37.26p. The Director now holds 832,239 shares.

Ryan Mangold, Financial Director, bought 20,000 shares in the company on the 30th June 2011 at a price of 38.28p. The Director now holds 48,510 shares representing 0.00% of the shares in issue.

Kate Barker, Non Executive Director, bought 10,000 shares in the company on the 30th June 2011 at a price of 37.26p. The Director now holds 10,000 shares representing 0.00% of the shares in issue.

Baroness Brenda Dean of Thornton-le-Fylde , Non Executive Director, bought 26,639 shares in the company on the 30th June 2011 at a price of 37.26p. The Director now holds 59,704 shares representing 0.00% of the shares in issue.

[sir rational] 30/6/2011 20:10

And they need housing

[fewdollarsmore] 30/6/2011 17:37

good job I have a couple!!!! I am buying property for my kids at this rate they will never be able to buy a house....

[sir rational] 30/6/2011 16:46

Population to increase to 70 million by 2025 ISTR - they have to live somewhere.

Somebody has to build those houses.

At a profit.

[spennysimmo] 30/6/2011 16:14

SR, not sure. I think 24 months later I would regret it.

[sir rational] 30/6/2011 15:41

Britain faces a housing shortage of about 1 million homes by 2015, with London affected the worst, according to Savills Plc, a London-based property broker.

[sir rational] 30/6/2011 15:37

Pete Redfern, Taylor Wimpey's chief executive, said that he saw signs of "incremental" improvement in mortgage lending.

He explained: "The word 'incremental' is important. Valuations are little bit easier and we're seeing a little more competition from specialist lenders. For most of the banking sector, balance sheets are slowly improving. There's no big sea change but the mortgage market is slightly freer than it was six months ago."

Taylor Wimpey expects to complete 4,550 homes in the first half of the year against 4,804 homes a year ago, as it chases margins over volumes. The average selling price nudged up to £170,000 from £168,000 a year ago. The company has sold its North American division to focus on the UK and slash debt from £800m to below £200m.

Steve McGuckin, UK managing director at the project and construction consultant Turner & Townsend, said: "Although developers are increasingly committing to new schemes, with the exception of the capital there are still real concerns about the direction of the market. With the odd exception, the residential property market outside London is continuing to decline, which will naturally disincentivise developers to develop and banks to lend. There continues to be an appetite among the banks for new prime developments in the capital, but outside the opposite is the case."

However, Redfern thought talk of an increasingly polarised country was overdone. He admitted Taylor Wimpey's housebuilding was weighted 60-40 in favour of the south-east, but pointed to schemes in Scotland, northern England, the Midlands and Wales.

"I don't think the gap is growing quite as widely as people believe. There is a gap, but there has always been a gap."

The group has recruited Mike Hussey, a former Land Securities executive, whose vehicle Almacantar recently bought the Centre Point and Marble Arch towers in London, to its board as an independent director, following the appointment of Kate Barker, the housing expert and former Bank of England rate setter, in April.

[sir rational] 30/6/2011 15:35

Arbuthnot sees 51p