Taylor Woodrow Share Discussion Threads

[ricardo montalban] 18/11/2024 08:27

Charts for this over 3 years are awful. This has to be a banging short along with all the other builders, borrowing costs at an inflection point and now rising everywhere, 10 and 2 year bond yields flying, U.K. recession baked in and rising unemployment, it writes itself. U.K. was fukt anyway post 2016 but Labour high tax zero growth plan total suicide and with Trump’ USA first U.K. is even more doomed, terminal.

[cerrito] 11/7/2008 16:04

Anyone have any views on TWOD's bonds maturing 7.2.12 apparently yioelding 26.51%pa???

[spob] 10/9/2007 17:45

There's a new thread and in case you hadn't noticed, there's a reason why there's no July, August and September on your chart.

It's not TWOD anymore

It's TW. now.

[flateric] 10/9/2007 16:52

Anyone reckon this coming off the bottom...?

Here's a snapshot just now. Just came up on a scan.

[markpun] 05/7/2007 06:46

Another homebuilder expects to be in line with expectation.

Home builders aren't doing that bad at all, the recent sell off surprised me....


Redrow treads water
an ADVFN competitor
Housebuilder Redrow said it expects its full-year performance to be in line with its expectations.

Total forward sales to June were up over 6% at 2,148 homes.

The company also said the average selling price for the year was about £160,000 and operating margins are anticipated to be in line with its expectations.

Redrow added that its mixed use and regeneration activities recorded a number of successes during the year and delivered a strong second half performance.

The company also named Alan Bowkett non-executive chairman with immediate effect, succeeding Jim Martin who will retire on September 11th.

Bowkett is currently chairman of aerospace and safety products group Seton House

[markpun] 05/7/2007 06:16

Morning Folks,

Newly-formed housebuilder Taylor Wimpey (TW.) got a mixed reception from analysts. ABN Amro started its coverage of the UK's largest housebuilder with a "buy" stance, and cited a possible cash return and attractive valuation as bull points. However, Citigroup disagreed, due to concerns over a market slowdown as a result of higher borrowing costs. It downgraded its position to "hold" from "buy" and slashed its target price to 415p from 490p. The shares closed 4.5p lower at 372.5

[shakeb] 04/7/2007 12:02

Thanks, I do want to agree that stocks in this sector are at present
undervalued considering their past performance.
However, I think the subprime issue is not helping matters. General market
overdue for correction and when the correction eventually comes, will they
still not be further hit. That is my fear.

[markpun] 04/7/2007 11:35

Hi Shaked,

I wasn't aware of the TW. BB, I have just had look and not too impressed, I would rather wait till the few regulars here move on to the new TW. BB.

Your question is best answered by someone with more knowledge, such as Judge, IMO TW. is way undervalued and should really be in the £5+

Sorry if I am not much of help.

[shakeb] 04/7/2007 11:12

Markpun why are you not posting on the TW. board. I do not know anything
about Wimpey but TWOD I am very familiar with.

Can you pls advise on the share price. I am wondering how they arrived at
the current range. What price would you consider cheap if I may ask.
I am not sure if to follow the Wimpey historical price.

Thanks.

[markpun] 04/7/2007 11:04

So who do we beleive...bloody analysts.....

ABN Amro initiates coverage of Taylor Wimpey (TW.L) with a buy and has a buy for Morgan Sindall (MGNS.L), raising estimates

[markpun] 04/7/2007 10:58

The newly merged builder is cut to hold from buy with a 415p a share price target, down from 490p, by Citigroup

[shakeb] 04/7/2007 06:44

Thanks markpun

[markpun] 03/7/2007 13:09

Shakeb

TW.L

[shakeb] 03/7/2007 11:51

8gamsby

Can you pls give me the epic for Taylor Wimpey.

Thanks

[8gamsby] 02/7/2007 12:15

Glad they are in the blue just like to know why?

[markpun] 02/7/2007 11:28

Wimpey(George) PLC
02 July 2007

2 July 2007

Merger of George Wimpey and Taylor Woodrow to create Taylor Wimpey, the largest
UK Housebuilder

Confirmation of the Capital Reduction

The Board of George Wimpey Plc ('George Wimpey' or the 'Company') announces that
the High Court of Justice in England and Wales (the 'High Court') today made an
order confirming the reduction of capital relating to the scheme of arrangement
(the 'Scheme') between the Company and the holders of Scheme Shares to effect
the merger of the Company and Taylor Woodrow plc ('Taylor Woodrow').

The Scheme is expected to become Effective on delivery of office copies of the
Court Orders to, and on registration of an office copy of the Second Court Order
by, the Registrar of Companies shortly before 8:00 a.m. on 3 July 2007.

The listing of the George Wimpey Shares on the Official List, which was
suspended with effect from 6:00 p.m. on 29 June 2007, is expected to be
cancelled, with effect from 8:00 a.m. on 3 July 2007.

It is intended that the name of Taylor Woodrow will change to Taylor Wimpey plc
on 3 July 2007 at approximately the same time at which the Scheme becomes
Effective.

The expected timetable for the implementation of the Merger is as follows:

Scheme Record Time 6.00 p.m. on 2 July 2007
Effective Date of the Scheme 3 July 2007(1)
De-listing of George Wimpey Shares 8.00 a.m. on 3 July 2007(1)
Issue of Taylor Wimpey Shares 8.00 a.m. on 3 July 2007(1)
Commencement of dealings on the London Stock Exchange of Taylor Wimpey Shares 8.00 a.m. on 3 July 2007(1)
Crediting of Taylor Wimpey Shares to CREST accounts 8.00 a.m. on 3 July 2007(1)
Latest date for despatch of share certificates in respect of Taylor Wimpey 17 July 2007(1)
Shares

(1) These times and dates are indicative only and will depend, among
other things, on the date upon which the Court Orders are delivered to the
Registrar of Companies.

Unless stated otherwise, terms defined in the Scheme Document dated 4 May 2007
shall have the same meaning in this announcement.




Enquiries:

George Wimpey Plc
Tel: [phone]


Peter Redfern
Andrew Carr-Locke

JPMorgan Cazenove

(sole financial adviser and joint-broker to George Wimpey)

Tel: [phone]

Mark Breuer
Richard Cotton
Andrew Truscott

Hoare Govett

(joint-broker to George Wimpey)
Tel: [phone]

Antonia Rowan
Luke Simpson

The Maitland Company

(PR adviser to George Wimpey)
Tel: [phone]

Liz Morley



JPMorgan Cazenove is acting as sole financial adviser and joint-broker to George
Wimpey in connection with the Merger and will not be responsible to anyone other
than George Wimpey for providing the protections afforded to the clients of
JPMorgan Cazenove nor for providing advice in relation to the Merger or any
other matter referred to herein.

Hoare Govett is acting as joint-broker to George Wimpey, and no one else in
connection with the Merger and will not be responsible to anyone other than
George Wimpey for providing the protections afforded to the clients of Hoare
Govett nor for providing advice in relation to the Merger or any other matter
referred to herein.


Overseas jurisdictions

The release, publication or distribution of this announcement in jurisdictions
other than the United Kingdom may be restricted by law and therefore any persons
who are subject to the laws of any jurisdiction other than the United Kingdom
should inform themselves about, and observe, any applicable requirements. This
announcement has been prepared for the purposes of complying with English law
and the City Code and the information disclosed may not be the same as that
which would have been disclosed if this announcement had been prepared in
accordance with the laws and regulations of any jurisdiction outside of England.

This announcement is not intended to, and does not constitute, or form part of,
an offer to sell or an invitation to purchase or subscribe for any securities or
a solicitation of any vote or approval in any jurisdiction. This announcement
does not constitute a prospectus or a prospectus equivalent document.

In particular, this announcement is not an offer of securities for sale in the
United States and the Taylor Wimpey Shares, which will be issued in connection
with the Merger, have not been, and will not be, registered under the US
Securities Act or under the securities law of any state, district or other
jurisdiction of the United States, Australia, Canada or Japan and no regulatory
clearance in respect of the Taylor Wimpey Shares has been, or will be, applied
for in any jurisdiction other than the UK. The Taylor Wimpey Shares may not be
offered, sold, or, delivered, directly or indirectly, in, into or from the
United States absent registration under the US Securities Act or an exemption
from registration. It is expected that the Taylor Wimpey Shares will be issued
in reliance upon the exemption from the registration requirements of the US
Securities Act provided by Section 3(a)(10) thereof. Under applicable US
securities laws, persons (whether or not US persons) who are or will be '
affiliates' within the meaning of the US Securities Act of George Wimpey or
Taylor Woodrow prior to, or of Taylor Wimpey after, the Effective Date will be
subject to certain timing, manner of sale and volume restrictions relating to
the Taylor Wimpey Shares received in connection with the Scheme.


This information is provided by RNS
The company news service from the London Stock Exchange

[markpun] 02/7/2007 08:57

Morning Folks,


Wonders never cease, on a down market TWOD is up, I hope I don't wake up and find out that it's just a dream.

Gamsby,

Agree, let's hope things can only get better.

[spob] 01/7/2007 22:47

Ticker sybol for Taylor / Wimpey ?

TWOD or something else ?

[8gamsby] 01/7/2007 18:38

JUDGE.the £5.40 is looking a bit distant now.However all builders are way down at the moment when do you think a revival may happen.Is it all interest rate fears or are other things bearing on the share price

[8gamsby] 01/7/2007 16:56

New month. New company.TAYLOR/WIMPEY from tuesday.Things can only get better i hope

[markpun] 01/7/2007 06:21

Morning Folks,


Mortgage lending up 8% in May say banks Published: 07:00 Sunday 01 July 2007
By David Campbell, New Model Adviser News Reporter

Overall mortgage lending in May was up 8% on the same period of 2006 to £19.7 billion, British Bankers' Association (BBA) figures have shown.

The figures ( were the highest since November and reflected high levels of remortgaging said the BBA, as well as a traditional market bounce in early summer.

Total mortgage approvals rose just 2%, or 204,800, compared to the year before however with an average value of £157,100, 13% up on May 2006.

Underlying net mortgage lending rose £5.8 billion, up from April's increase of £5.1 billion, while annual growth remained steady at 14%.

'Contrary to the recent stable trend, the banks' gross and net mortgage lending strengthened in May,' said BBA director of statistics David Dooks.

'Because of strong approvals in May, the banks' higher market share is likely to continue over the next couple of months.'

Credit card lending fell £0.4 billion over the month, while borrowing on personal loans and overdrafts fell £0.1 billion.

[markpun] 29/6/2007 06:13

Morning Folks,

Just came across this...

Housebuilders: what the analysts say


Wednesday June 27, 2007
Guardian Unlimited


Simon Brown of Evolution Securities said that today's warning of a UK housing slowdown from George Wimpey and Taylor Woodrow explained why a rival hadn't tried to disrupt their merger.

"The US is clearly very difficult. No wonder Persimmon has not come charging into the fray to bid for one or other of these companies, as US results appear to be heading inexorably downwards," he said.


Mr Brown advised investors to sit back and watch, even though Taylor Woodrow's forward sales figure for the second half of 2007 is up 10%, against the outlook of 5% at Wimpey.


"The merger of these two businesses will help to solve specific cost and land issues but there is no guarantee that the enlarged group will not fall into its bad habits of volume-driven growth, instead of adding value, once all that can be derived from the merger in immediate costs and benefits is dissipated," he warned.