Taylor Wimpey Share Discussion Threads

[sir rational] 14/5/2012 15:37

Gappy gap gap

[shaws37] 11/5/2012 19:34

Hopefully Fingers is looking in now and again and may spare a few mins of his valuable time for a chart update :-))

[shaws37] 11/5/2012 19:32

Might not get to 42p as per the earlier charts. I notice strong resistance just over 48p. It's a long summer so i still believe the share price has time yet to come back down before lift off later in the year.


And yes, i would like to enter lower.

[imastu pidgitaswell] 11/5/2012 16:37

Harshly treated in a bad week, newsflow notwithstanding:

[imastu pidgitaswell] 11/5/2012 15:47

Just can't get away. Hmmmmmm.......

[imastu pidgitaswell] 11/5/2012 09:15

A fairly dramatic cessation in movement, considering how much it moved the previous 3 days. Who said this game was fixed?

[sir rational] 10/5/2012 23:10

Gap in Homeboy's brain

[shaws37] 10/5/2012 19:45

Some great opportinities soon. GKP, will continue to fall to fill a long standing gap approx £1.69


SXX will fall to 12p to fill a long standing gap.


Gun powder dry for some of these.

[homeboy35] 10/5/2012 17:49

But what is it?

[smurfy2001] 10/5/2012 17:47

Gap in BDEV as well if anyone is in there, could be a trading op.

[homeboy35] 10/5/2012 16:51

Can someone explain why the share price must fall back to 43p - 44 p to 'fill the gap'?

I don't get it. I thought the share price was determined just by buyers and sellers at any one time!

[shaws37] 10/5/2012 16:50

Ima

Thanks, great post.

[imastu pidgitaswell] 10/5/2012 16:46

One thing I hadn't properly appreciated from the last set of accounts, which was mainly 'cos I had sold them already and didn't pay them so much attention, is that the tax charge for 2011-12 is all deferred tax, recognising the impact of the reduced rate of UK corporation tax. It just happens to be (broadly) comparable with the normal UK tax rate.

But of course TW. will not be paying UK tax for the forseeable future, having all those hundreds of millions of tax losses to utilise - at a rough estimate, more than 10 years' worth, at £343m asset and a 'normal' annual charge under £30m, accepting that there will be a further asset write-down as the UK tax rate reduces further (who would expect a cut in corporation tax to adversely affect a profitable UK business?)

But the point is, there will be no cash tax payable for over 10 years - it's a very real asset and will be a very real increase to earnings per share.


Still selling them for 48 though...

[shaws37] 10/5/2012 16:35

The share price could easily venture up to 50p and drift back over the summer to fill the gap.

[imastu pidgitaswell] 10/5/2012 16:30

Well I dithered and pondered all day - and held on. Such a steep fall over a few days, and no real sign of losing 46 today, suggesting some accumulation going on while people from yesterday and some weaker holders bailed?

I fully expect to regret it...

:-)

[shaws37] 10/5/2012 16:20

Yeah it will. Was in here for 2.5 years, they always fill on tee dubs.

[sir rational] 10/5/2012 16:18

Not all gaps get filled but got a feeling this one will be

[shaws37] 10/5/2012 16:07

SR, yep. We've been in TW over a long period previously, got to know how this one works :)

[sir rational] 10/5/2012 15:49

Mind the gap

[shaws37] 10/5/2012 15:44

Why i sold and will wait for the drop back to fill the gap.

[imastu pidgitaswell] 10/5/2012 12:33

Still lagging somewhat - BDEV heading higher it seems:

[battue2] 10/5/2012 09:40

imatsu,yes it will surely close todays gap i think , i doubt it will bounce more than 10% but a good trading opp non the less. ATB

[imastu pidgitaswell] 10/5/2012 08:54

I wouldn't say I'm worried about it...

But yes, likely to come back and test it again. Picked up a fourth chunk last night just before close, and likely to offload that for a very quick gain, ready to add again should it come back, if not I'll look elsewhere.

[shaws37] 10/5/2012 08:44

Ima

Keeping an eye on these but it opened with a gap, bit of a worry.