Taylor Wimpey Share Discussion Threads

[sundaymonday] 31/8/2011 15:01

I think you got that 100% right, Affro - congrats on your timing.

[aphrodites] 31/8/2011 09:53

This all looks very positive.

If we can break 33.5p then Wave 1 will be fully in place to take this price a lot higher.

It does look very much like the series of 5 waves downwards which has seen the price fall from 39p on 1 July to just under 29p is now complete.

[slytherin] 31/8/2011 08:41

We're recovering fairly well, hope to see 35p again sometime next week.

[stockmuncherpro] 30/8/2011 16:34

Call for action on housing 'crisis'

The government says it has made more land available for building and is investing £4.5bn in lower-cost homes.

Housing Minister Grant Shapps said his plans would "get Britain building again".

[127tolmers] 30/8/2011 07:42

good results from Bovis AND a divi

Bovis pays interim dividend as profits soar
By BFN News | 07:13 AM | Tuesday 30 August, 2011
Bovis Homes Group PLC ORD 50p (BVS)


Housebuilder Bovis Homes said profit before tax increased to £8.1m in the half-year to end-June, up from £3.5m in the prior year period. There were strong improvements in housing gross margin to 20.1% (2010: 16.3%) and operating margin to 7.5% (2010: 4.2%). Housing revenue in the first six months was £130.9m, 14% ahead of £114.4m in the prior year. In the period, other revenue including land sales was £2.7m (H1 2010: £1.2m). The group achieved profit before tax of £8.1m, comprising operating profit of £10m, net financing charges of £2m and a profit from the joint venture of £0.1m. This compares to £4.8m of operating profit in the first six months of 2010. The group had £46m of net cash at end-June and enjoyed positive trading cash inflows of £47m and made net land expenditure of £46m. An interim dividend of 1.5p will be paid (2010: Nil). Bovis legally completed 801 homes in the first six months of 2011 (H1 2010: 803). Of these, 681 were private homes (2010: 762 homes). The prior year legal completions included the 215 units sold into the joint venture. Excluding this non recurring transaction, legal completions of private homes increased by 24%. With the opening of new sites, social homes increased to 15% of total legal completions (120 homes), compared to only 5% (41 homes) in the first half of 2010. In the first six months the average sales price of homes legally completed increased by 3.2% to £163,400 (H1 2010: £158,400). The average sales price of private legal completions increased by 7.3% to £175,300 from £163,400 in the comparative period in 2010. Bovis said it saw strong trading in 2011 to date (34 trading weeks) with a 19% increase in private reservations to 1,087 homes (2010: 912 homes). Housing gross margin is expected to approach 20% for full year 2011 (2010: 17.9%). Cumulative sales achieved to date were 1,645 homes (2010: 1,695 homes) with a full year target for 2011 of between 5% and 10% growth in legal completions over 2010. David Ritchie, CEO, said: "The Group has delivered a strong performance during the first half of 2011 with profit before tax more than doubling, against the backdrop of stable, but challenging, market conditions. This increase has been delivered through improved profit margins generated from reduced construction costs on existing sites and the initial contribution from new higher margin sites acquired since the housing market downturn. "As a result of opening a significant number of the new, more profitable sites, active sales outlets will grow through 2011, supporting higher sales. Subject to current market conditions continuing, the Group's profit margins will continue to improve, particularly in 2012 when a significant proportion of housing completions will come from these new sites. "Further investments in high quality, consented residential land are continuing, which will support further sales outlet growth in 2012. Additionally, land sales are progressing well, which will enable the Group to improve the efficiency of its capital employed. "With the progressive, sustainable improvement in the Group's profits and the Board's confidence in the Group's growth strategy, an interim dividend of 1.5p has been declared." Story provided by StockMarketWire.com

[shaws37] 25/8/2011 11:18

lol, yeah it's sods law unfortunately.

[jibba_jabba] 25/8/2011 11:12

Yes, i took profits today on the sbets... typical...

Not sold any of the real ones... still underwater..

[shaws37] 25/8/2011 11:03

j_j, any news for the surge in housebuilders ?

[retsius] 25/8/2011 09:48

At last some life in the shares.Massively undervalued esp. after US sale.

[slytherin] 25/8/2011 09:33

Happy to be back above 30p :o)

Would have been a worse fall before the TM sale

[retsius] 25/8/2011 09:20

Blue today

[shaws37] 24/8/2011 16:58

Schroders upping their holding.

[sundaymonday] 23/8/2011 18:35

Some thicko needs to drill deeper into the data before drawing erroneous conclusions

[wi1ba] 23/8/2011 14:08

FTAdviser.com:

New-build property prices plummet 21% in London

New data shows stark regional differences in new-build property prices. The average price of a new-build property fell in London by 21 per cent in the 12 months to July 2011 but average prices in England, Wales and Scotland rose by 1.4 per cent, monthly data from Smartnewhomes has shown. In London a new-build property would now cost £330,637 compared to £220,788 in Scotland, England and Wales. Annual average growth has fallen back from 3.4 per cent in May and June which is indicative of the summer lull in demand for property from buyers during the summer months and housebuilders incentivising sales Smartnewhomes claimed a drop in asking prices in July suggested homeowners were also taking a "more realistic" approach in a quieter market.

[jibba_jabba] 23/8/2011 09:24

Mortgage Approvals at 0930...

[casino444] 20/8/2011 22:39

great time for new share investors , the word is feel your boots if you have any spare cash ,
split your cash into blocks of share buying over the next few months this is
so you can cover your investments if or i should say when the market falls further

[jugears] 20/8/2011 11:08

AS I said before history always repeats it self, house prices and shares always recover & always will, now is probably the best buying oppertunity you will get for a long time.

[libertine] 20/8/2011 10:35

House prices to rise 14pc to record highs by 2015
Property prices will rise 14pc to hit an all-time high by 2015 predicts Centre for Economics and Business Research.

Average house price expected to rise to more than £200,000 by 2015 By Emma Wall
11:27AM BST 19 Aug 2011
The housing slump is over, according to the Centre for Economics and Business Research (CEBR). The think tank has predicted that by 2015 house prices across the UK will have risen on average 14pc – to an all-time high.

A new report from the CEBR predicts that the average British home will be worth more than £200,000 by 2015, up from the current value of £176,000. This is nearly £10,000 more than the previous house price peak in 1997, when the average home was worth £191,200.

This prediction is less aggressive than the previous forecast from the CEBR in May, when it predicted that house prices would grow 16pc over the next four years.

The CEBR blamed the lack of houses compared to demand for the expected rise.

Shehan Mohamed, an economist for the CEBR, said: "We forecast an average of 110,000 new homes to be built every year over the medium term.

"This is significantly lower than the 225,000 homes that need to be created every year to keep pace with current housing needs, population growth and the trend towards reduced household sizes."

Though the 14pc rise may be bad news for first time buyers, this rate of increase is less than the Government's official rate of inflation which rose to 4.4pc this week.

Douglas McWilliams, CEBR chief executive, said that first time buyers need not worry that this increase is a repeat of the housing boom in the Nineties. He said: "We do not expect a house price boom, but the housing shortage is likely to push prices gently upwards."

[imastu pidgitaswell] 19/8/2011 16:39

Well that'll sort out the Spainsh property market, no worries...

[jibba_jabba] 19/8/2011 16:36

José Blanco, Development Minister for Spain has today announced that
with immediate effect the purchase tax (IVA) on the sale of all
new Spanish properties will be reduced from 8% to 4%.

This initiative will be applicable only for the sale of new
properties signed for at the notary before the end of this
year (2011).

Read the full article on the MASA Blog

[orchestralis] 19/8/2011 10:55

I'm wait patiently for 25p then i might consider buying.

[casino444] 19/8/2011 10:11

the ships not going down without a fight !!

seems like all hands on deck

shes fighting to stay a float