Taylor Wimpey Share Discussion Threads

[sir rational] 29/11/2011 09:48

That's nice. Significant football sponsorship, get your name on the shirt.

All the PR benefits of a Premier League sponsorship without breaking the bank.

[shaws37] 29/11/2011 09:48

On Feb 18th 2010 we were around this share price price. It's only November, we are a long way in front :)

[sir rational] 29/11/2011 09:24

Looks good:

Young Footballers Aiming High Thanks to Taylor Wimpey Sponsorship

24/11/2011 - Schools and Community

A group of promising young footballers are hoping to take the league by storm after scoring a lucrative Taylor Wimpey sponsorship.

Players at Heywood's Roach Dynamos JFC, have just been awarded £1,300 to help them buy kit and equipment for their under 10, under 11 and under 12 sides.

[aphrodites] 28/11/2011 15:24

imastu

Spot on.

You really are starting to take notice of the EW theory!

[sir rational] 28/11/2011 09:21

The last 7 highs were higher highs and the last 6 (significant) lows were higher lows...

[imastu pidgitaswell] 28/11/2011 08:34

Well it's a higher low - but not yet a higher high.

Could be one of Aphro's waves, second leg of 5 - down.

But being one of life's optimists as I am, let's assume it'll be a higher high, until proved otherwise?

:-)

[shaws37] 25/11/2011 15:14

Back on the right track, wtf was that drop all about. It certainly aint the elliot wave theory.

[sir rational] 25/11/2011 14:46

Higher highs + higher lows - very good sign

[shaws37] 25/11/2011 08:21

Interesting RNS

[imastu pidgitaswell] 24/11/2011 14:42

Oddly enough it was - until this week...




Two and a half years of this teaches you to expect it...

[spennysimmo] 24/11/2011 14:31

Well TW isn't flavour of the housebuilder bunch this week.

[shaws37] 24/11/2011 08:32

This is going to get hammered today and tomorrow, well thanks germany

[newm0del4rmy] 24/11/2011 08:10

The price people pay to live in boxes...ridiculous...

[sir rational] 24/11/2011 08:08

It's mugs buying/selling at full bid/offer before trading has settled down

[shaws37] 24/11/2011 08:04

random share price movements, opens -0.84p, shoots to +0.68p, then down to -0.48p then stablalises then moves up. like wtf.

[sir rational] 23/11/2011 15:01

US crashing now, not likely to help much

[pilly11] 23/11/2011 12:46

very frustrating last few days for tw. and the markets overall. disappointing to lose around 10% of the share price in days after looking strong in comparison to the ftse 100 and 250.

[sundaymonday] 23/11/2011 11:30

The news was already largely known ie old news

[imastu pidgitaswell] 23/11/2011 11:27

Still looks like a decent uptrend since the August low, but any lower and that will be in doubt.

36(.4?) is a very key level, being previous support and resistance, and now support again.

Interesting that the Government announcement on Monday had absolutely no impact on any of the builders whatsoever, though - if anything a negative reaction, but really the drop has just been in response to the market falls, ignoring the announcement.

[aphrodites] 23/11/2011 10:04

imastu

Thank you for that accolade. Good to see that some readers, unlike that twit stockmuncherpo, appreciate the full picture.

If I was as master of the mystic arts I would almost say the TW chart provided a signal for the set-back in FTSE! But thankfully I am not.

The bigger picture of the Elliott 5-wave pattern from 28.5p to the top of the 5th wave at 39.5p combined with yet another failure to test the 40p level was a good warning that 40p would not be broken.

As I have said many times on here "big" figures always present barriers. And 40p is one of those targets. If it had broken 40p in volume trading I would almost certainly have jumped back on board.

As it is, I am running a small short at 39.25p, part of the sale of my main position, on the basis that I believe this could be the start of another 5-wave downward cycle which could take us back to 30p again. I would stress it is only a small position and not one I would want to be held to account for on this thread.

I do hope I am wrong for all the bulls on here and especially as the building sector is vitally important for my business interests.

Good luck.

[sundaymonday] 22/11/2011 13:22

back to housingNH
and the MIG proposalNH
Liberum says it good newsNH
for the housebuildersNH
The Coalition's Housing Strategy document is positive for housebuilding shares in general because it shows that the government cares about the sector and is targeting increased activity, but in particular we think that the MIG scheme should lead to banks lending at higher LTV levels which should increase demand for mortgages to buy new build property. We believe that the volume housebuilders have most to gain and reiterate our preference for Barratt (Buy) which we think trades as an excessively wide discount to the sector. This new programme might well provide enough support for the housebuilders to outperform the market once again in 2012, NH
Six new measures: a mortgage indemnity scheme, a proposal to allow historic planning approvals to be revisited, a £500m fund to support infrastructure for development, £400m for work in progress, new public sector land and support for self-build. NH
MIG should have a beneficial effect. The mortgage indemnity guarantee scheme will start in Spring 2012 and is backed by the Home Builders' Federation and the CML (Council of Mortgage Lenders). Home builders will put 3.5% of the proceeds of the selling price into a fund and the government will also indemnify losses up to a further 5.5% (only once the home builders' fund is empty). Lenders can make claims against the fund (and then government) on 95% of their loss (arrears less realisable value) up to 9%.NH
This should mean that lenders can lend up to 95% LTV by taking on the same risk as lending at 85%. This should increase the supply of mortgages at higher LTV levels, and demand for mortgages should rise as buyers with limited deposits can now enter the market. Government envisages this scheme helping 100,000 buyers, roughly equivalent to the total amount of private new homes sold in a year. This could mean a notional worst case payout of £900m, but only after the housebuilders pool is used up. If the banks behave as one would expect, then new housebuilders should be able to sell more quickly and therefore sell more. We find it encouraging that Barclays, HSBC, Lloyds Banking Group, Nationwide, Royal Bank of Scotland, Santander and Yorkshire and Clydesdale Banks have all agreed in principle to participate in the scheme (with these lenders responsible for over 80% of mortgage lending).TT
i thought the problem was getting planning approval, not funds, for new buildsNH
me tooNH
and encouraging people to take out mortgagesNH
at a high LTVNH
when rates are at historically low levelsNH
hmmNH
Other measures broadly supportive. Allowing housebuilders to renegotiate old planning consents may improve the economics, which may increase the value of historic land (and profits from those land holdings). The programmes to fund infrastructure and work in progress could lead to more developments being started, although the larger housebuilders tend to already have funds to get sites open if those sites are viable. Bringing public sector land through to development more quickly may have limited impact as housebuilders are already likely to be building at a rate constrained by mortgage lending rather than mortgage supply, but if MIG leads to increased mortgage availability, then this may help source land quickly to keep land coming through. The government has also identified that self-build is a much smaller sector in the UK than elsewhere, and has said that it may try to encourage more, but this is likely to have a limited impact either way.NH
Volume housebuilders most to gain. We believe that the volume builders (Barratt, Persimmon and Taylor Wimpey) have most to gain from an increase in mortgage supply and reiterate our preference for Barratt, which is trading at 0.44x Dec11E book value, compared to 0.78x for the sector.

[retsius] 22/11/2011 08:08

Blue today .Come on my son.