Taylor Wimpey Share Discussion Threads

[zx81] 18/6/2010 11:27

No charts please spenny!

[the_analyst] 18/6/2010 11:20

Seems it's wanting to break out of the down channel. Spenny, any thoughts?

[2pearly] 18/6/2010 08:24

Just general apathy isn't it?
Very quiet.

[sir brainy] 18/6/2010 08:18

shorts reversing

[2pearly] 17/6/2010 14:57

That 3690 sell bot doing it's best to bring this back down to red.Same every day.

One day it'll change but I do recognise I've been saying and thinking that for a year now and we've only had that one Friday when the hedgies took their foot off TW's head and it went up to 46p on nothing.



It does amuse me how the ftse,the banks,the housebuilders and probably several other sectors are now just DOW trackers.If the DOW twitches all the rest fall.

They haven't even got the strength to hold their own heads up if the DOW has had a good night.In the last 3 months the DOW and FTSE have drifted 5% apart [with us getting the bad end of the deal] it would make sense if it was all BP related but the main market is just like a mexican wave thesedays led by the DOW.

Rant over.

[ny boy] 17/6/2010 13:14

knowing> if you are about, Sunkar's (SKR) on the move after v good rns 7% so far

[smurfy2001] 17/6/2010 13:12

Me thinks it's to do with the Emergency budget and potentially massive cuts to cheap housing. Assuming the conservatives don't cut back, then l would hope for a rally in the housing sector.

[bordersboy] 17/6/2010 13:08

Does anyone know the real reason why the hedgies want to keep this down ?

[2pearly] 17/6/2010 11:19

Unfortunately the hedgies keep pouring sugar into the fuel with those silly little SETS trades.All about control of SETS, as has been the case for over a year here.

FSA couldn't give a monkeys before and they certainly won't be interested now.

[bordersboy] 17/6/2010 11:14

TW. rocket got no fuel ?

[scars] 16/6/2010 14:41

Shock factor, all already known as the incentives were cut.

[wolterix] 16/6/2010 14:08

yep..

June 16 (Bloomberg) -- Builders broke ground on fewer U.S. homes in May than anticipated after the expiration of a government incentive boosted construction and sales in preceding months.

Housing starts fell 10 percent to a 593,000 annual rate last month, the lowest level this year, from a revised 659,000 pace in April that was less than previously estimated, Commerce Department figures showed today in Washington. Building permits, a sign of future construction, unexpectedly declined to a one- year low. Single-family home starts suffered the biggest drop since 1991.

[spennysimmo] 16/6/2010 14:06

Bad housing figures in the US have caused the drop across the sector this afternoon.

[jibba_jabba] 16/6/2010 13:55

Went short today to hedge, straight into profit £5 might splash out on a big mac later..

2Pearly the door is open..

[scars] 16/6/2010 13:04

same old story!

[scars] 16/6/2010 12:38

depends if they see better opportunities.

[bordersboy] 16/6/2010 11:28

exactly what i was thinking.

[smurfy2001] 16/6/2010 11:20

Puzzling, why reduce now??

[bordersboy] 16/6/2010 10:34

BlackRock, Inc, reducing their holding.

[2vdm] 16/6/2010 10:18

This may be of interest to some of you. I have watched and been buying into this company for some time and take w on this stock. I certainly agree with their comment that this is a good entry point for the long term buyers. Hope it helps.

Guardian Stockbrokers 16 June
Rating: Overweight

Building & Construction: In-Line
Share Price: 29p
Target: 57p
"We believe Taylor Wimpey (OW, PT 57p – 97% implied upside) offers an attractive entry point

ahead of the 1H trading update on June 28 following a ~30% share price correction that at 0.6x

12-month forward tangible NAV is pricing in a further 30% write-down to the value of land carried

on the balance sheet. This suggests a correction of 6-8% in house prices from here, which would effectively send the market back to the trough levels experienced in early 2009 – close to our bearscenario (27p) for the stock. However, our latest AlphaWise update for May highlights that price"

[scars] 16/6/2010 09:49

macd right on cross over could with a fair wind see some triggers fire.

[gbh2] 16/6/2010 08:21

SP looking sad atm, but I'm hoping that the restart of two "new house" building projects in our area means we should see some improvement soon!