Taylor Wimpey Share Discussion Threads

[barf2] 08/7/2010 09:28

Interesting to see that it wasn't a flood of sells that took the share price down to 27.17 then, it was just positioning of the share price by the MM's.


Got to expect a few presses down like that today.Anyone short will not take kindly to this fighting back and there will be a few concerted attempts to bash it down.

[wig123] 08/7/2010 09:24

only fractionally off expected.

[spennysimmo] 08/7/2010 09:21

HPI figures not going down well.

[hope67] 08/7/2010 09:03

Results 3rd August not long to go. Sales in Canada doing well not all doom and gloom.

[wig123] 08/7/2010 08:59

NK, tiz cheaper to buy housebuilders than it is land at the moment ;-)

[explosivetips] 08/7/2010 08:34

The BID could be coming.

[fewdollarsmore] 08/7/2010 08:33

chart still says downtrend until we break out of it......

[fewdollarsmore] 08/7/2010 08:33

I am on a 2 or 3 glad will not get much higher until a confirmed change in the market direction (and TW.) is well and truly confirmed.

[wig123] 08/7/2010 08:24

How about Yeeeeeeeeeeehaaaaaaa! up 4%





edit: but agreed, will be happier back in to 30s /40s

[wig123] 08/7/2010 08:23

Not bad, but I could probably do better ;-)

[barf2] 08/7/2010 08:22

On my happiness scale we are on a 3 or 4 so far today but we might get up to 6 or 7 if we can get thru 28p and toward 29p

[barf2] 08/7/2010 08:20

It's called realism.

Here you go if you want some faux excitement 'Wow. look at it go! up 1.8% wahooooo we're all rich!'

How's that for ya?

[wig123] 08/7/2010 08:17

barf, you're a bundle of joy in the mornings ;-)

[barf2] 08/7/2010 08:07

Nope, still on a very tight leash.

[wig123] 08/7/2010 07:40

08/07 07:39 - Galliford Try Expects FY10 Results At Top End Of Market Views

LONDON (Dow Jones)--U.K. housebuilding and construction group Galliford Try PLC (GFRD.LN) Thursday said it expects its fiscal 2010 results to be in line with the upper end of market expectations, adding that its housebuilding expansion plan is ahead of target.

The firm said the range of market expectations for fiscal 2010 adjusted pretax profit is GBP23 million to 25.5 million.

In an update on trading for the year ended June 30, Galliford, which completed a rights issue in September, said it is ahead of target on its housebuilding expansion plan and has increased its total land bank 23% to 9,600 plots in the past year.

Galliford said it is anticipating cuts to public sector work, but that there is still some uncertainty as it waits to see the effect of the June budget cuts and the outcome of the government's autumn spending review on both its housebuilding and construction activities.

The company said its order book currently stands at around GBP1.8 billion and that 77% of forecast revenue for the fiscal 2011 has been secured, up from 67% this time last year.

Galliford said it had over GBP75 million of net cash at the end of the fiscal 2010, up from GBP34.1 million a year earlier.


-By Rachael Gormley, Dow Jones Newswires; 44-20-7842-9308; [e-mail]


Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: You can use this link on the day this article is published and the following day.


(END) Dow Jones Newswires

[spennysimmo] 08/7/2010 07:40

LOL! That's what makes a rumour a rumour and not a fact.

ExplosiveTIPS - 8 Jul'10 - 07:37 - 2362 of 2363

Rumours again of a Bid for TW don't know how true they are .

[restassured] 08/7/2010 07:38

Either TW or BDEV will be taken over before the year is out.


Full of eastern promise.

[explosivetips] 08/7/2010 07:37

Rumours again of a Bid for TW don't know how true they are .

[bordersboy] 08/7/2010 07:25

good, TW back to 50p, would be nice :)

[restassured] 08/7/2010 07:16

07/08/2010 07:15:20 - MARKET TALK: Equity Markets Have Bottomed- Herston Economics

0515 GMT [Dow Jones] Global equity markets have bottomed, says Herston Economics Chief Economist Clifford Bennett. "Equity markets globally are looking very good to begin to price in strong manufacturing and consumer activity...it is encouraging to see the major banks and brokerage houses suggesting caution, that there is still plenty of gloom and doom out there, even after the bull market has taken off. This suggests the shorts have yet to seriously exit and therefore the potential upside is awesome."

[bobsidian] 08/7/2010 05:31

Had another look at the financial statements for the period ended 31 December 2009. My immediate reaction was - TW. may be back in financial trouble if the property market and mortgage lending take a turn for the worse.

TW. seems to be still carrying an inordinate amount of debt relative to its peers. And its financial statements are extraordinarily complex carrying all manner of ifs, buts and whens. The contrast with those of PSN is striking. When too much has to be disclosed you cannot help but wonder at the nature and extent of the financial constraints surrounding TW.

If bank mortgage lending is indeed to experience a scarcity then it would not surprise if there is to be another cash call made by TW. in the year ahead to forestall a repeat of 2009. Trading levels look too subdued for their needs.

I would say that BDEV is no less unhealthy in appearance and even PSN may surpisingly experience some difficulties. It looks as though only the financially nimble such as BVS and BWY may survive without the need of a cash call - unless they choose to do so to augment their own somewhat limited stock of land without seeking further assistance from their lenders.

There does seem a paradox in motion with housebuilders. The worst thing that may happen to the housebuilding sector is if there is a sharp recovery. Debt requirements may soar crafting an immediate return to possible financial stricture.

Of course none of this will matter if TW. stages a near term 25-30% rebound in its share price to play catch up with moves elsewhere in the stockmarket.

[smurfy2001] 08/7/2010 00:19

Canada should be positive hopefully, well it's unit is doing better anyway.

[ny boy] 08/7/2010 00:08

badmumba - 7 Jul'10 - 16:12 - 2352 of 2356

Got to admire Emile Heskey ,has a disastrous world cup ,comes home puts a frock on and wins the womens title at Wimbledon.

LOL!

[spennysimmo] 07/7/2010 22:52

Market influencing news out tomorrow:

Halifax HPI - 9.00am
MPC Meeting - Bank Interest Rate Review
US Unemployment Claims - 1.30pm (UK Time)

Friday:-

Canadian Unemployment figures and housing starts.

I suspect TW. will be influenced by these Canadian figures on Friday more than other UK housebuilders so I would expect TW. to trade significantly better or worse than the others in the afternoon, depending on the figures released.