Taylor Wimpey Share Discussion Threads

[imastu pidgitaswell] 21/9/2011 14:40

imastu pidgitaswell - 14 Jul'11 - 16:42 - 9097 of 9118 edit


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.




Haven't updated that for any announcements since, nor for current share prices (as opposed to what they were in mid July). They're very similar except for RDW (111 now) and BDEV (84 now)

[sir rational] 21/9/2011 14:39

Almost back to breakeven...

[imastu pidgitaswell] 21/9/2011 14:17

Anyone know of any other housebuilders with a discount to net asset value that is 'far too high'?

Giddy heights of 35p touched - we are blessed...

[sir rational] 21/9/2011 12:36

Barratt Developments closed near the top of the FTSE 250, rising 4.45p to 82.2p after Citigroup gave the housebuilder the thumbs-up. Raising their recommendation to "buy", analysts from the broker said the company's discount to its net asset value was far too high, making the "risk-reward balance... attractive".

The scribblers also cast their eyes over the rest of the sector, noting that, despite the dire economic situation, recent results "have indicated that activity has been satisfactory".

They still cut their price targets for a number of companies, yet Persimmon managed to increase 21.8p to 462p while Taylor Wimpey ticked up 0.39p to 33.51p

[sir rational] 21/9/2011 12:29

Good day for the builders

[shaws37] 20/9/2011 12:11

peel hunt, lol, it's not that silly moo again, is it ?

[edsthebusiness] 20/9/2011 11:52

20 Sep Taylor Wimpey PLC TW. Citigroup Buy 33.18 49.00 46.00 Retains
20 Sep Taylor Wimpey PLC TW. Northland Capital Hold 33.18 - - Reiterates
20 Sep Taylor Wimpey PLC TW. Evolution Securities Add 33.18 35.00 35.00 Reiterates
20 Sep Taylor Wimpey PLC TW. Arbuthnot Buy 33.18 48.00 48.00 Reiterates
20 Sep Taylor Wimpey PLC TW. RBS Buy 33.18 44.00 44.00 Retains
20 Sep Taylor Wimpey PLC TW. Numis Buy 33.18 55.00 55.00 Reiterates
20 Sep Taylor Wimpey PLC TW. Peel Hunt Sell 33.18 27.00 - Reiterates


.ed

[lordwilson] 19/9/2011 23:14

Not traded anything for a year and yep everything is where it was then. Re Housing I used to be one of the more upbeat recovery people but all I can tell you from my pertinent experience is that land values are going nowhere. Until they do TW.BDEV etc are all stuck in the quicksand of this nightmare economy.

If the Panzers can sort the Euro out then maybe we might see 45 by the end of year ???

[shaws37] 19/9/2011 20:53

Signs of health in housing, says builder Taylor Wimpey

[sir rational] 19/9/2011 20:11

Merger of Corporate and UK Head Office complete
• Savings of c.£3m in 2011*
• Short and medium term projects identified
• Expect to deliver overhead savings of £10m in 2012*
• Anticipate savings of £20m by 2014*
• Savings expected from implementation of new IT system
* relative to FY2010 base

[shaws37] 19/9/2011 19:48

Wonder if the analyst day went well.

[jibba_jabba] 19/9/2011 07:49

TW sales tick up in recent weeks.. just hit the wire..

[sir rational] 19/9/2011 07:38

Just getting the message across will be a big positive

[theophilus] 19/9/2011 07:18

19 September 2011

Taylor Wimpey plc

Analyst Day

Taylor Wimpey will be hosting an afternoon of presentations for analysts and institutional investors in London today. The presentation materials will be published on our web site, www.taylorwimpeyplc.com, this afternoon.

The presentation will include a brief update on current trading in the UK, which remains stable and in line with the trends outlined at our half year results on 3 August. Net sales rates for the second half to date are above the relatively weak 2010 comparatives, with encouraging signs of the normal seasonal pick up in sales rates over the last few weeks. Pricing remains stable and we are firmly on course to deliver a double digit UK operating margin in 2012.

The focus of the day will be on providing more detail on the strategic direction that we have outlined in previous announcements. The presentations will cover our approach to managing the cycle, our capital structure, and the balance between margin and return on net operating assets. In addition, we will be providing more detail on our strategic land assets and ongoing operational and sales & marketing initiatives, along with an update on planning policy and our response.

No material new financial information will be provided during the presentations.

--------------------------------------------------------------------

Th.

[retsius] 16/9/2011 15:01

imatu
Seems to have blasted through the decending triangle.Looks good --double bottom?

[sir rational] 16/9/2011 14:55

It certainly wouldn't surprise me to see valuation shift much closer to (say) net assets/share minus 20-25%.

[imastu pidgitaswell] 16/9/2011 14:40

If I didn't know better, I would say that this is starting to look like a decent chart - all manner of higher lows, inverted head and shoulders, Elliot Wave 3s. If we could just break out of that massive triangle..






Obviously it will all come crashing down next week, eh Sir R?

[the crypt] 16/9/2011 10:36

me eggs aRE JUST FANTASTIC AND ME balls of cheesy yoke are ready to explode.

[shaws37] 15/9/2011 16:13

Good rise.

Crypt, how's your cheesy oily eggs ?

[the crypt] 15/9/2011 14:18

may your shoes be full of cheesey oils!