Taylor Wimpey Share Discussion Threads

[aspers] 18/7/2013 20:29

120....I am expecting 140 before any pause in the uptrend :-)

[homeboy35] 18/7/2013 17:09

A new high?

can we track on to 120?

[klotzak] 18/7/2013 17:00

That's affirmative, GB

[gbh2] 18/7/2013 16:49

Excellent recovery today!

Did anyone work out whether the share price resistance levels (up the thread) took into account the huge increase in the number of shares in issue?

[amelio] 18/7/2013 16:12

Is itchy still about?

Classic.

[phillis] 18/7/2013 16:12

Brick makers still can't make enough

[homeboy35] 18/7/2013 11:41

Good post,steeples

How much stock do Shroders have?

ie when might we go past 108p

[steeplejack] 18/7/2013 11:35

"ad hock"....... I think you'll find that hock is a variety of German wine,billyboy.I suspect that Schroders might well be inclined to continue to top slice holdings and that's why the stock is being tightly traded between 102-108p.As for billyboy's demographic analysis (including an insight into future immigration policy)I think that it can be taken as read that we don't have enough houses,a situation exacerbated by longevity and an inclination for people to live alone......and of course,people breed,some more than others,swelling the populace.The sector has probably discounted a fair slug of good news but I don't see a wholesale retreat in the building sector.I reckon it'll consolidate and then push on and hopefully Billyboy will be prove to be as incorrect as his use of Latin.

[klotzak] 18/7/2013 11:20

Looks like its being manipulated again today. Time will tell!

[gbh2] 18/7/2013 08:03

Yesterday looked like a classic walk down of the share price to allow one of the institutions in at a fixed price, after which the share price simply returned to where it started the day!

[klotzak] 18/7/2013 07:38

Billy, did you miss out? As one person decamps a share another will ramp it.The facts are we need more houses, somebody has to build them. As clueless as this government seems, even they see that if they don't create a mini boom by the middle of next year- people remember more of the last 12 months than the last 60 by cognitive process. Therefore I see what they are going to do, the bankers took us into this and they will be instrumental in taking us out.....with the builders and whatever the next fad is. I see the share price ramping up til at least next week when we will find out what's occurring out there on the sites.

[aspers] 18/7/2013 07:01

B1llyboy........I can assure you it is boom boom boom time in the industry, everyone is balls out especially TW. If you are short here you will could get burnt badly.

[b1llyboy] 18/7/2013 01:06

Housing market being propped up artificially,institutions know short to medium term housing market is still under water.

Institutions are off loading stock short to medium,as politicians dither with ad hock solutions to a massive problem with "who's going to pay for this big ideal".

All to often good ideas come along as a stop gap, alas funding often drags it's proverbial heals.
Lag factor will begin to eat into recent gains on recent sentiment.

Wimpey still need to raise funds to meet their long terms ambitions,where's the money going to come from.

The banks have their own issues and they're still reeling from their problems with funding,capital requirements,re privatization etc.

So funding is still an issue to propel the share price to the limits certain posters feel readily available,regardless of overhanging growth weakness,which is likely to prevail for the next decade.

Only immigration has propped up the boom in house purchasing over the last 5 years,new money as it were.

Immigration over the next five years set to be curtailed,so a balance point will be achieved between supply and demand.

Recent figures are carry from abysmal weather in April,May into June etc,so we have artificial momentum into July,a month that normally see's a pull back.

The recent figures are already priced in,along with PI sentiment means this is absolutely primed and ready to be take down below the looming SMa's.

The double top "batmans head" support technical pull back,the late surge in volume today after lunch signals more PI's misreading the impending drop to 80p,and being suckered into buying,which will signal more money being transferred from PI to II.

The II's are going to fill their boots over the summer both ways.

My target remains 80p.

Time to make some money and guess who's going to be handing it over,yep you've guessed it-you lot.

Take your profits now,the rise is over.

[gbh2] 17/7/2013 20:28

Are your resistance levels adjusted for the last huge share offering??

[moorsy] 17/7/2013 19:09

A T.W. house ???? ;-)

[homeboy35] 17/7/2013 18:46

If TW gets to a fiver, I will sell them and buy a bloody house!

[leebong] 17/7/2013 17:53

Many others will be well rewarded in this momentous turn-around business story of TW over-coming debt and the banking cisis....the way now is up only delayed by resistance levels of trading. The construction industry is rising by about an annualised rate of 5-10% and numbers record mortgages were awarded in June under the 0% interest rate mortgage scheme for five years; people change homes and when that happens people renovate and invest. This record broke a 14 year high in June.

Business debt has been paid and recovering profits have started to rise with a sharp increase in the numbers of new house approvals; this government announced last week that they will envigorate the construction industry to stimulate a 25% expansion in the next decade. This means the industry has been recognised as a major contributor to UK GDP and employment opportunities.

Perhaps house builders and associated retailers will now have more of a level playing field with much more stable revenue streams for the next ten years and become much more valued as a sector that employs large numbers of people just like the automotive industry, And makes a driving difference to the UK economy.

My target price near term is 173.8 and long term 273.8 rising to four or five pounds over three to four years with dividends in the interim being introduced at a much higher return with price/ yield stability.

The resistance levels are as follows: 107.9, 120.1, 133.8, 149.00, 173.8, 273.3 after this price the way is upward; price guidance at that moment will be fast upward momentum perhaps to a peak of five-six pounds with a PE of 14-16.

[gbh2] 16/7/2013 08:17

Goes someway towards explaining the recent selling pressure, I wonder how many more Funds have been reducing and have Schroders finished??

[homeboy35] 16/7/2013 03:50

New highs......on a 4 bagger here...when to take profits?

[klotzak] 15/7/2013 20:30

Interesting trend here, I reckon we're good for around 120 if it keeps up this momentum, but who knows how much good news is coming on the 31st! Time will tell I guess! Good luck

[gbh2] 12/7/2013 11:57

Jugears - "Where as some people trade to make a living"

I can appreciate your stance, much as yourself I do not invest to make cash to live on, I'm old enough to be past that need, I trade just as a Hobby, as Fangorn says "for a bit of excitement"

Much as today, sat here under my Gazebo with a nice cold drink.........Cheers