Taylor Wimpey Share Discussion Threads

[edsthebusiness] 14/7/2011 21:28

squilliondollarbaby, Kicked as Sir Rational?

[squilliondollarbaby] 14/7/2011 21:28

My mojo says this little squillie is going up 20% in the next month.

That'd be 43p by August 31st!

[smurfy2001] 14/7/2011 21:24

Barratt says it will make £40m

Housebuilder Barratt expects to swing back into the black this year, helped by strong sales in London. But it also warned that the market outside the capital and the south-east remained tough, and its shares fell 6%.

The country's largest housebuilder by volume said in a trading update on Thursday it would make annual profits before tax and one-off items of £40m for the year ending 30 June – towards the higher end of City estimates – compared with a loss of £33m in 2010.

The firm benefited from a 5% rise in the average selling price of private homes to £204,000, with second-half completions in line with last year. As a result, its operating margin climbed to 7.8% from 5.9% in 2010. Debt was reduced to £330m from £367m.

[squilliondollarbaby] 14/7/2011 21:20

My mojo says this little squillie is going up 20% in the next month.

That'd be 43p by August 31st!

[sequoia] 14/7/2011 20:46

We could be in this trading range for the next two weeks,until the Yanks sort their debt out. Bit like popinjay shooting off the yardarm! (the share price that is)
seq

[edsthebusiness] 14/7/2011 18:26

Smurfy, gl with your beloved BARC

[smurfy2001] 14/7/2011 17:03

Mucker, all house builder following the similar trading pattern today.

[edsthebusiness] 14/7/2011 17:02

Is Sir Rational still hiding?

[smurfy2001] 14/7/2011 17:01

Good post imastu but what are the yields of each of these shares? I could find out but useful for others, would explain why they are trading closer to NAV.

[imastu pidgitaswell] 14/7/2011 16:42

Other competitors and Net Asset Value: Share Price


........................NAV per share.....share price....Percent
RDW..........................143...............128.........90...
PSN..........................579...............474.........82...
BWY..........................873...............666.........76...
BVS..........................533...............427.........80...
TW............................57................36.........63...
BDEV.........................200...............106.........53...

I've adjusted BDEV to nat tangible assets per shares (£2bn NTA, 1bn shares give or take) as intangibles are worthless and nobody else has anything to speak of.

Also doesn't take into account net debt and the associated risk factor - which is the reason why BDEV is so heavily discounted, and was the reason why TW was excessively discounted as well.

But TW is now in the same place as the top 3 - minimal debt (or what they have is 'voluntary' as they can choose to invest in land, or not). Simplistically, the market has not adjusted to that changed state (God forbid the market might consider fundamentals...)

If, and it's clearly an if, it does reappraise TW and values on the same basis as the peers that it now has, a Share Price : NAV ratio of around 75-80% would give 43-45p. Not a massive change, but one that I wouldn't mind seeing reflected to start with. Then they can reappraise the sector and give us 100p+...

[gbh2] 14/7/2011 16:16

I wonder which company's shares the BOD are sinking their cash into, its clearly not TW !!

[squilliondollarbaby] 14/7/2011 15:29

In for another £10K!

Going to make my second squillion at this rate.

[gbh2] 14/7/2011 15:16

cry as much as you want I can no longer see your drivel!

[squilliondollarbaby] 14/7/2011 15:07

Then you'll miss the story of how I made my first squillion ;-)

[gbh2] 14/7/2011 15:05

squilliondollarbaby - 14 Jul'11 - 12:51 - 9090 of 9091 (Filtered)
squilliondollarbaby - 14 Jul'11 - 13:28 - 9091 of 9091 (Filtered)

But gone for good as far as I'm concerned !

[squilliondollarbaby] 14/7/2011 13:28

And another £10K ;-)

[squilliondollarbaby] 14/7/2011 12:51

In for £10K

[davy855] 14/7/2011 12:45

Spenny - correct

Cheers.

[clarky5150] 14/7/2011 12:43

...yeah, what spenny said.

[spennysimmo] 14/7/2011 12:32

TW. to an extent is now in the hands of the elements. Those elements being mortgage availability and interest rates. There is no denying there is a need and demand for housing.

Providing we don't have a second wave of economic disaster, I can think of no company better placed to provide shareholder value than TW over the coming years.

After every economic and property disaster, a strong recover has always followed, fact. TW over the last two years has survived, re-financed, re-structured and now dramatically reduced debt. In my view, anyone selling now will look back and give or take will have done so at the bottom. Along the way there will be better trading opportuinties on a daily or weekly basis in other companies and sectors, but as a medium term investment, safe as houses.

[racg] 14/7/2011 12:10

'M'Lud, The plaintiff read the BB post of Sir Rational, the defendant in this matter and as a result purchased £1.50 of shares. Egregiously the prediction did not come to pass. Therefore we and the other actions by Mr Plumb and Mr Idiot are to reclaim damages in the amount of 2.2 of your english pence.''

[racg] 14/7/2011 11:45

Ha, what you moaning about poor old bdev down 6% on unprepossesing figures, but hardly disastrous. The future is volume and there is no volume now.

[edsthebusiness] 14/7/2011 11:42

Sir Rational, you really are a prize door handle. Ed

[libertine] 14/7/2011 11:36

Sir Rational


You appear to have omitted to qualify your share purchase recommendation which was placed on several threads last night ,and neither did you post any form of standard warning.
You should therefore prepare yourself for a number of law suits over the coming days if the share price fails to fulfill your claims..

[sir rational] 14/7/2011 10:34

bot at work lol