Taylor Wimpey Share Discussion Threads

[2pearly] 20/5/2010 15:35

The one thing that TW does excel at is beating every other sector,company or index in the race downhill.

It pulls out all the stops to plunge further and faster than anything else.In it's current form I think it would have given Lehman bros a run for its' money.

Doesn't like to be outdone.

[scars] 20/5/2010 15:27

make that 27%...

[londonfinancial] 20/5/2010 15:26

Abu . thanks

[abu azaan] 20/5/2010 15:26

fair call london financial

[scars] 20/5/2010 15:10

And sincs that statement they have dipped 26%.... says it all really.

[scars] 20/5/2010 14:55

Sorry missed that... 29th Apr

LONDON (ShareCast) - Taylor Wimpey has lifted selling prices of homes in the UK by 9% since January as the housing market continues to recover.

The housebuilder adds that UK market conditions remain "encouraging, with continued gradual improvements in mortgage availability and buyer confidence".

Prices achieved on sales of private homes are up by approximately 9% on the equivalent period in 2009, of which around 5% results from active changes in mix and approximately 4% from underlying price increases, it added.

Year to date sales rates for North America are also ahead of the equivalent period in 2009.

In the US, the average sales rate per site per week, net of cancellations, is 0.48 for the year to date ahead of the 0.37 in the corresponding period of 2009. The business in Canada continues to perform strongly, it added.

In the UK, Taylor Wimpey says the underlying shortfall of new build housing and the strong levels of demand will continue to underpin the market, while the US is forecasts to start to recover more steadily by the end of the year.

Net debt stands at about £660m, in line with its plans, the firm added.

[londonfinancial] 20/5/2010 14:49

Scars There was a statement ( VERY GOOD IMHO) a few weeks ago.

[scars] 20/5/2010 14:47

The last trading statement was January would be nice to have a statement from the company on the current situaution.

[londonfinancial] 20/5/2010 14:43

ABU thats what makes a market , good luck .

[abu azaan] 20/5/2010 14:35

sell up? when there's blood on the streets etc.

I personally think the markets are close to being oversold

[wolterix] 20/5/2010 14:34

unemployment - lagging factor tho'

wasn't aware Obama was up for election this year, and thereby planning to nuke Korea...

[londonfinancial] 20/5/2010 14:33

Abu its my opinion that people are frightened and angry you may see them running for the door .You can see people selling into any gains we were up 70 earlier .Time to sell up in my opinion .

[abu azaan] 20/5/2010 14:23

on what basis do you think DOW will fall 300pts then?

[2pearly] 20/5/2010 14:20

I think it's fair to say that any bad news anywhere in the world is impacting on TW and sending it down.
That's how it feels at present.

[londonfinancial] 20/5/2010 14:15

Abu minus 145 is priced in .

[abu azaan] 20/5/2010 14:14

londonfinancial - we in europe already kknwo this news so it's priced in

[scars] 20/5/2010 14:12

The problem here is the big players are making so much money from the volatility.

[londonfinancial] 20/5/2010 14:12

US jobs report numbers not good .........all shares are going to be really bad this afternoon .Dow may drop 300 points plus futures are stating an opening of minus 145 at the moment .

[2pearly] 20/5/2010 13:58

The fall is inexplicable in any other terms than a concerted effort to send it down. That chart above looks as though there was a profits warning or an OFT investigation or something rather than the actual position which is of a steadily improving picture with generally good news [in perspective] all around.Goodness knows where we would be if news had been bad.

[abu azaan] 20/5/2010 13:58

lots of people buying on this uncertainty

[londonfinancial] 20/5/2010 13:57

The problem is if anyone wants to offload volumne then it has to drop to 31p looking at level 2 -+

[smithy69] 20/5/2010 13:55

Just saw the post about government stopping shorting on banks
If they did that why didn't they stop shorting across the board
Shorting cannot be good for any long term recovery of companies shares etc
Not ammused

[abu azaan] 20/5/2010 13:50

yes agreed