Taylor Wimpey Share Discussion Threads

[grax] 17/5/2010 12:43

Up to 36p and SLAP! right back down she falls.

[londonfinancial] 17/5/2010 11:50

Adding to our profits will be a SUPERSTRONG US and Canadian dollar , mkaing our profits in pounds look wonderful ....

TIME to BUY BUY BUY .

[londonfinancial] 17/5/2010 11:48

Can i just add on top of that American sales are up simular amounts to the UK and Canadian are even stronger .

I would also like to add that we face a long term of SUPER LOW interest rates .

[londonfinancial] 17/5/2010 11:46

We will rise becuase after 4 months of trading we had sold 99 percent of our targets for 6 months or rather we will hit approx 50 percent above half year expectations .

On the full year after 4 months we had sold 74 percent of the full years targets or rather sad after 6 months we will have sold more houses than was targeted for the year .....

Last years highs based on lower figures were 54p !!!!! today we trade at 35.88p

Needs to go up .

[londonfinancial] 17/5/2010 11:32

This is now way undervalued cant see anything but a big rise very soon .More buyers coming in as i type .

[grax] 17/5/2010 11:25

I've said before mk that external factors have very little,if any, bearing on TW.

We have been in this rut for a long time while the news around has been generally positive [at least as much as could be hoped for] but the hedgies have got this completely under their thumbs.

Negative concerns add to the malaise [they are scaring up the ConLib potential stories of homebuilders suffering]but positive news just passes TW by.

Won't always be like this but for now we are getting stuffed.

[mknight] 17/5/2010 10:57

Grax dont worry we will be only 40p by the end of the week , dont forget we get those numbers out of the states on wednesday .

[grax] 17/5/2010 10:45

It looks as though todays target for the funds/hedgies is to keep it below 36p for the day.Watch the trades,every time some buys nudge the share price up toward 36p some AT sells will be sprinkled onto SETS.The buys don't come off the book ['o' trades] or get pushed through PLUS.

FTSE up 1% from a negative start and TW tightly held yet again.

I think they are trying to cause capitulation and then they can start buying up once it takes a frustrated dive.Seen it happen before and no doubt will happen again until the FSA deign to start taking on the hedgies etc

[grax] 17/5/2010 09:35

I would suggest those shorting it at 46p would be able to answer your question.
The selling off the bid is what keeps pressing it down.

The longer they can keep doing this the more they dissuade buyers from jumping in.Then, collectively, they start to case it up before starting the process again having taken o load of PI's money off the table.

When it shot up to 46p and then got tugged all the way back down, the patterns were there to be seen.

AIMHO

[newkid] 17/5/2010 09:15

grax. What's to be gained by holding it back? If your shorting you would pull all the stock on the bid side to drive it down. Like wise if you are trying to increase your holding. If your a seller then you would let it run up and sell in to the rise.

[grax] 17/5/2010 08:50

I fancy our chances of a fightback today - or I did until watching the trades.

General market trying to move up from a negative start,others in the sector doing likewise but old TW is still fearfully in the grip of the players.

Just look at the trades, volume doesn't play a part nor does buy/sell ratio.

It is all about who controls SETS and the DMA hedgies etc are suffocating TW by constantly tipping AT sells onto the book to knock it back every time.

All they do is make sure they stck AT sells up [size etc is irrelevant]and keep it constant and hey ho they have control.
Big buyers can see this aswell so are steering clear until the hedgies change course.

Been going on for ages.

[denjon] 15/5/2010 13:28

From Times Online
May 14, 2010
Taylor Wimpey appoints Kevin Beeston as non-executive chairman

Francesca Steele

Taylor Wimpey has appointed Kevin Beeston, former head of the services company Serco, as its new non-executive chairman.

Norman Askew, who has been chairman of the housebuilder since it was formed from the merger of George Wimpey and Taylor Woodrow in 2007, announced his intention to stand down in December last year.

He will leave the company on June 30 and Mr Beeston will replace him immediately.

Mr Beeston worked at Serco, the FTSE 100 services company that operates the Docklands Light Railway and Woolwich Ferry, for 25 years and was its chairman for eight years.


He is currently a non-executive director of IMI, the engineering group of which Mr Askew is chairman. He is also a former non-executive director of Ipswich Town Football Club.

Peter Redfern, the group chief executive, said: "Kevin brings significant experience of senior management roles within a growing public company and I look forward to working with him to deliver value to shareholders."

Mr Beeston said: "Having spent the majority of my career with Serco Group, I am looking forward immensely to applying my service experience to Taylor Wimpey's future strategic direction and development."

Taylor Wimpey, which is Britain's biggest housebuilder, has endured two years of losses during which the average selling price of a Taylor Wimpey house fell from £171,000 to £160,000. Last year it asked shareholders for £510 million to pay down its debt.

In March the company announced a pre-tax loss of £96 million in the year to December 31, following a £75 million loss the previous year.

Its borrowings, which peaked at £1.5 billion, are now about £750 million. The company said that it approached this year with confidence after signs that the market had stabilised.

Its rival Persimmon has reported that made a £78 million pre-tax profit last year after a £780 million loss in 2008.

Barratt also expects to report a profit for the current six-month period, with net debt forecast to have dropped to £500 million by June 30, £50 million lower than previously indicated.

[spennysimmo] 14/5/2010 19:31

What time was your trade?

[newkid] 14/5/2010 19:22

I took 43289 shares this afternoon and I have a no show on Plus or here.

[wolterix] 14/5/2010 17:08

15.00 BST: Stronger than expected US industrial production numbers and retail sales figures failed to lift the mood of global investors on Friday as worries about eurozone sovereign debt intensified, sending the euro to a new 18-month low against the dollar.

Stock markets fell alongside US Treasuries and German Bunds yields and gold reached a new record high as investors shunned risky assets.

[wolterix] 14/5/2010 17:07

think France is making noises about the Euro

[webshares] 14/5/2010 17:02

ouch why did tw get such a kicking today?

[mknight] 14/5/2010 16:34

Not a good day markets got smashed and we came out of it worst than most .Lets see if the Dow pulls around tonight and we can start picking up again on monday .

[the itch] 14/5/2010 16:11

I'm prepared to see what disasters come out of the mouths of politicians over the weekend before putting more in here.

[2vdm] 14/5/2010 16:00

Buys still way ahead of sells. It might take a couple of weeks whilst the markets settle, but I will be very surprised if we don't see today's drop recovered by then. Topped up twice today and will be happy to sit on stock, as when the current volatility calms down, this will head northwards again.

[the itch] 14/5/2010 15:52

Not sure I get why Barratts is only off a third of TW's drop today.

[mknight] 14/5/2010 15:12

The Itch , no but we still have an hour and a bit to go with the Dow now coming back so we shall see .

[wolterix] 14/5/2010 15:04

panic selling of a Friday afternoon..

again!