Taylor Wimpey Share Discussion Threads

[sir rational] 22/2/2012 16:10

You can pretty much guarantee that since we're many of us out now or getting out, the new target is 60p and it'll get hit soon after Finals ;-)

[smurfy2001] 22/2/2012 16:01

Nice one :)

I'm nearly there myself, but simply taking out the original investment in slices as 49.9p is %100 profit for me :)

[spennysimmo] 22/2/2012 15:59

That's it I am out for now. It has been a long slog but worth the wait :-) Good luck all.

[smurfy2001] 22/2/2012 15:58

Just relentless! :)

[smurfy2001] 22/2/2012 15:56

BDEV rocketing further too, my strategy for slicing/reducing in blocks of 2500/5000 TW. shares is working to perfection for once LOL.

[startrekker] 22/2/2012 15:52

Could break 50p today! Here's hoping.

[smurfy2001] 22/2/2012 15:43

Good luck chaps...

[fewdollarsmore] 22/2/2012 15:23

Ima -- I hate that saying just as much as I hate travelling, much prefer arriving...

[smurfy2001] 22/2/2012 15:03

I'd be surprised if we did not pop 50p before the results...

I will eventually sell my main holding but will keep a free holding for the future dividend.

[fewdollarsmore] 22/2/2012 14:31

Gents - I have sold the remainder of my holdings seen this go up and down over the past 2.5 years and missed some really good trading ops esepcially for those holding out for a higher price I wish you well although for selfish reasons I also hope the prices pulls back to mid 40's... 49.6 was close enough to my initial target price of 50p although I think I achieved av 47.5 for all of my sales.

Still lurking and watching with interest. Good luck.

[sir rational] 22/2/2012 13:51

There was a good note from Collins Stewart on the sector earlier this weekBE
That we never had the opportunity to bring you.BE
It takes a very non-consensual bear tack.BE
And is likely to entertain all Dinner Party Live participants over on the right.BE
Here's page 1.BE
In the face of strong momentum, we initiate on the sector with an overall
negative stance. UK housing could be stuck in a "lost decade", with tight lending
putting pressure on prices and record low volumes. We believe government
support for builders could backfire and – controversially – challenge the "housing
shortage" mantra. Next results may sound upbeat but we advise taking profits.BE
Can't buy, won't buy. Can't lend, won't lend.PM
Oooh, a lost decade for british propertyBE
Housing could remain for years caught between weak consumer appetite for
borrowing and banks' aversion to mortgage lending largely due to Euro-zone
risks. We believe lending, transactions and prices could fall this year.BE
Sales and margins likely to disappoint later this yearBE
We differ from most peers in assuming at least two or three years of steady
house price erosion, putting our estimates progressively below consensus.BE
Shortage, what shortage? State aid could stoke negative equityBE
We show data that could debunk the view the UK builds too few homes. This
potential myth has underpinned valuation assumptions as well as government
support for builders, which could lead to negative equity for first time buyers.BE
Valuations reflect inflated view of landBE
Most observers attempt to value housebuilders on multiples of NAV, but we
believe these have been understated on the way up and overstated now because
of an oddity in accounting standards. We have used a consistent approach to
"marking to market" land holdings. On this basis most look over-valued to us.BE
Catalyst: fillip from reporting round, but watch the EurozoneBE
The sector has beaten the FTSE-All Share by 9% over the past three months. We
suspect companies will present a resolute tone in the imminent reporting round,
possibly supporting further short-term momentum. But believe a new Eurozone
flare-up could trigger further lending contraction.BE
Alastair Stewart's the analyst.

[q2u] 22/2/2012 13:42

Fingers' last post about TW suggested a possible ceiling of 55p. Bearing in mind shares tend to overshoot on the way up, plus the impending results, this seems a reasonable target, provided it gets past 50p, which he also mentioned as a round number obstacle.

[fewdollarsmore] 22/2/2012 13:12

I have noticed how the price seems to hold up really well previously used to move a penny or more throughout the day but now seems to rise and stay up for a few hours at least..

[michael9000] 22/2/2012 13:10

So what will it be in 2 years time ?.

[smurfy2001] 22/2/2012 13:04

Almost at my target :)

[fewdollarsmore] 22/2/2012 12:37

Ima - it just want to continue, I see 50p is in touching distance this is a barrier if anything in peoples minds so expect some selling at this level... now watch it sail through!!

[clarky5150] 22/2/2012 08:59

The start of this years trading is certainly mirroring last years all be it at a higher level. I think TW were scuppered with the general market pull back/panic last April. provided we dont have a similar issue this year (take note Greece) we should see more of a sustained rise.

[imastu pidgitaswell] 22/2/2012 08:27

Wasn't overly impressed with Barratt - in terms of profitability just reported (£21m PBT) and resulting RE ratio, and of their net debt at over £540m.

Maybe just me, hoping for a pullback here, but things may have got a little ahead of themselves?

[fangorn2] 22/2/2012 08:25

Reasons for further optimism TW side....


Housebuilding and construction firm Galliford Try doubled its interim dividend and delivered strong profit growth.


"Galliford said the housing market has remained resilient and it is encouraged by the continued strength of the market during the first seven weeks of 2012. "


House builder Barratt Developments swung into the blue in the first six months of the year and said that the second half has started strongly with a substantial increase in private reservations.

[sequoia] 21/2/2012 18:42

Expect a small pull back after huge rise,"a breather I think its called" or consolidation as they say. Regroup at a lower level before the final push. I say,not topped out yet!JMHO.
seq.

[sir rational] 20/2/2012 21:33

lol

It's the usual w@nker