Taylor Wimpey Share Discussion Threads

[purple boots] 17/1/2012 15:50

No - inverse head and shoulders :)

[imastu pidgitaswell] 17/1/2012 15:48

Isn't it about now that someone mentions cup and handles?

[pilly11] 17/1/2012 15:44

A dividend of any sort would be most welcome, share price holding up well this afternoon

[shaws37] 17/1/2012 15:44

Good day again. Are we going onwards and upwards or a bit of a drop for a day or 2?

[smurfy2001] 17/1/2012 15:42

lol

one thing you learn as a TW investor is to be patient and not expect surprises...

I'm hoping for a tiny dividend now they are in the black...

[imastu pidgitaswell] 17/1/2012 14:52

Yer, feels like it it wants to go up, but very long experience tells me otherwise...

[sir rational] 17/1/2012 14:49

Strange old price action

[davy855] 17/1/2012 11:28

Cheers pilly.

[pilly11] 17/1/2012 10:28

Good reading this morning, things are certainly looking up! As Davy said 42p could be resistance for now

[sir rational] 17/1/2012 09:33

get up there, you know you want to ;-)

[imastu pidgitaswell] 17/1/2012 08:43

Hoping we have seen the back of this one:

[davy855] 17/1/2012 08:13

Remember chaps. Past about 42.1p ish is blue sky territory upto 55p. Hold on folks. 42p may be hard to crack for a short time.

[sir rational] 17/1/2012 08:08

Trick now is to work out where the share price will be after Finals

[sir rational] 17/1/2012 07:57

Taylor Wimpey Says Company to Achieve Its Margin Target Ahead of Schedule
QBy Chris Spillane - Jan 17, 2012 7:31 AM GMT .
inShare.0
More
Business ExchangeBuzz up!DiggPrint Email ...Taylor Wimpey Plc (TW/), the U.K.'s second-largest homebuilder by volume, said it will reach its target for operating profit of more than 10 percent ahead of schedule after home sales rose in 2011.

The company completed 10,180 homes in 2011, up from 9,962 a year earlier, London-based Taylor Wimpey said today in a statement. The average selling price was little changed at 185,000 pounds ($284,380). Operating profit will be at least 10 percent of sales in the second half of this year. In November, the company said it would reach the target in 2012.

"It is pleasing to have reached our double-digit operating margin target ahead of schedule and to be well-placed to deliver further improvement, providing that market conditions remain broadly stable," Chief Executive Officer Pete Redfern said in a statement.

U.K. homebuilders are boosting profits by increasing focus on houses and building on land bought at discounts during that recession that ended in 2009. The government is trying to bolster homebuilding with investment and mortgage guarantees. From the second quarter, homebuyers who qualify may be able to get a mortgage with a down payment of as little as 5 percent.

[retsius] 17/1/2012 07:30

Very good TS. Expect price to rise.Blue today as market rises.

[sir rational] 17/1/2012 07:29

Yep, the place for divi announcement will be Finals.

What an excellent Update. Even Spain is gradually using up the land bank (so no w/ds) and covering its costs.

Only £10m of exceptionals.

All the other positives.

Plus another year in 2012 of 'similar result but a little bit better' looks highly likely.

40p is now a great support level and no reason we can't look BEYOND 45p.

[uknighted] 17/1/2012 07:18

Trading Statements are not the platform for dividend announcements.
Regards
UK

[shaws37] 17/1/2012 07:18

Net debt at 31 December 2011 was below our previous guidance at approximately GBP120m (2010: GBP654.5m). We expect the level of net debt to be higher at the half year due to normal seasonal working capital trends and the timing of land payments.

[shaws37] 17/1/2012 07:08

Pete Redfern, Group Chief Executive, commented, "In 2011, we have taken the opportunity to focus on our strategy of driving value for shareholders through margin improvement and improving return on capital. It is pleasing to have reached our double digit operating margin target ahead of schedule and to be well-placed to deliver further improvement, providing that market conditions remain broadly stable."

[spennysimmo] 17/1/2012 07:06

45p today.

[shaws37] 17/1/2012 07:05

No divi mention.

[sir rational] 16/1/2012 21:18

I don't give those signals much credibility when there is big fundamental news out at 7am tomorrow

[shaws37] 16/1/2012 20:47

Looks like a pull back is on the cards :-(

[shaws37] 16/1/2012 16:50

£2.50? This is the TW thread remember ;-)

[imastu pidgitaswell] 16/1/2012 16:43

Hmmm - well we certainly got a day of 'farting around above 40p, closing slightly down for the day.'

Not often I get these things right.

Tomorrow - £2.50 - nailed on cert. You heard it here first...