Taylor Wimpey Share Discussion Threads

[shaws37] 01/3/2012 19:09

There you go j-j. Quality chooooooooooooooooooon

[damac] 01/3/2012 16:01

Most in the sector are going the same way again though.

[imastu pidgitaswell] 01/3/2012 14:14

Hmmmm, giving up on 50p, down on an upday and about to lose 49p as well?

Come back to Daddy, come on...

[naed] 29/2/2012 18:50

Sorry Smurfy..i don't see the point in copy pasting some of the result comments??

[smurfy2001] 29/2/2012 17:40

Dividend


Following the sale of our North American business in 2011, Taylor Wimpey's financial
position is now significantly improved and, with net debt of £116.9 million as at 31
December 2011, the Group's balance sheet is strong. This strength enables the
Group to selectively acquire the high-quality land necessary to deliver our stated
strategy and to drive value.
A key element of this strategy is the ongoing management of the Group's capital
structure, operating structure and level of land investment to maximise performance
across the housing market cycle. The Directors are committed to a more active
approach to managing the housing market cycle, in particular with respect to the
Group's capital structure and balance sheet capacity. This strategy intends to
balance the capital requirements of the business and returning excess capital to
shareholders, whilst at all times maintaining balance sheet strength and flexibility.
We intend shareholder returns to be in the form of both regular maintenance dividend
payments through the cycle and additional special returns where appropriate. The
regular maintenance dividend payments will be calculated with reference to the net
asset value of the Group. These dividends would be declared at the half year results
and the full year results in an approximate one-third/two-thirds split respectively. It
would be the intention of the Group to make additional returns to shareholders based on the prevailing market conditions and the returns available on alternative uses of
the capital.
Given the current outlook in the UK housing market, and the strength of the Group's
asset base, the Directors believe that it is appropriate to commence dividend
payments to shareholders at this time. This will consists of a maintenance, final
dividend of 0.38 pence per share. This represents the final portion of a total dividend
representing 1% of Net Asset Yield.

[slytherin] 29/2/2012 17:18

There'll be demand from pension funds now there's a growing dividend stream to come. The brokers are trying to scare people into selling to meet the pension fund demand.

[smurfy2001] 29/2/2012 17:16

Not quite clear when this goes ex-div??

[shaws37] 29/2/2012 15:19

Some of the broker views are just stupid. Down to 27p !?!?

[smartypants] 29/2/2012 14:20

Closing price looks like 48.65p..

[q2u] 29/2/2012 13:40

LOL Imast. What is your reentry target (if you intend to get back in)? I am out but not at much more than you - ave 51.5p and will look to buy in tranches below 45p if it gets there, which I think it probably will

[smartypants] 29/2/2012 13:25

aspers - 29 Feb'12 - 09:30 - 10602 of 10611
Smarty I guess your short?? ;-)...I am 5'9...and old enough to remember the last time it was over 50p...and how it went down hill
I don't want to see it go that way again...but will bet you a couple of inches that it does..

[fewdollarsmore] 29/2/2012 13:22

Sir - typical since my post we have had a drop off... nothing goes up in a straight line but I would have thought 55p plus then a retrace to 48-50p..

I will be pleased for a retrace to below 45p to get back in for the long haul.

[michael9000] 29/2/2012 12:18

so whats the price in 2 years ?.

[baracuda2] 29/2/2012 12:07

One thing ive learnt over the years is don't take any notice of bulletin boards because everyone has their own agenda

Had a quick read of the above and people are still dishing out the same old rubbish!!

[jugears] 29/2/2012 11:52

Been trading in shares for thirty years, the biggest thing I have learnt is never listen to broker as they are nearly always wrong.This is a good company making steady progress with very good long term rewards, shares never go up in a straight line unfortunately there will always be peaks & troughs. Im holding these for the long term.

[127tolmers] 29/2/2012 11:46

Video presentation was quite upbeat. Top 2 guys well on top of empire. Still see some good growth coming through in near term from volumes, sales price, strategic land and standardised construction.

Near term dividend policy is to get to pay regular 2% NAV divs say 1.2p/share.

As housing cycle heats up they will return excess funds to shareholders via buybacks or one off divs. They will consult with shareholders as to optimum method.

Unrecognised UK deferred tax of £67.6M (4p/share) continues to have value. £25M of Spanish tax does not. TW still carrying £95m provisions related to US sale and still maintained on a very conservative basis. Another 6p/share to come here.

Hence potential NAV 57 + 4 + 6 = 67p/share @ say 20% discount = 53.6p/share; my new view of a reasonable target and this is before underlying profitability kicks in.

[smurfy2001] 29/2/2012 11:42

Brokers want your shares.

55p next week.

[sir rational] 29/2/2012 10:37

Peel Hunt SELL 27p
Collins Stewart SELL 37p

[sir rational] 29/2/2012 10:27

I beg to differ. This will re-test the 45p-ish point fairly soon. The sector has had a massively good run and it will retrace a bit before consolidating and progressing further IMV.

[fewdollarsmore] 29/2/2012 10:04

The rates for new mortgages are not that low the dif between the underlying rate is extremely large this will reduce as rates rise in my opinion.

I think it is holding up well considering the level being 50p, I think the low/mid 40s are behind TW. now shame as I would have liked to have got back in..

Good luck holders.

[valedo] 29/2/2012 09:42

interest rates always rise with a recovery. low rates are only for kickstarting the economy