(To start with please do your own research, I own these shares)

TAYLOR WIMPEY PLC has broken the rising trend up. This signals an even stronger growth rate. It also gave positive signal from a inverse head and shoulders formation at the break up through the resistance at 45.57. Further rise to 57.7 or more is signaled. The stock is testing the resistance at pence 52.00, which may give a negative reaction. Volume tops correspond well with price tops, and volume bottoms correspond well with price bottoms. This strengthens the trend. The stock is overall assessed as technically positive for the medium long term.

Watch out for a break over 52, thats your start line.

Background on prospect for this company.
Taylor Wimpey said today it has seen continued stability in the UK housing market since April and the severe downside scenarios for which it has been planning now appear less likely to materialise, despite economic conditions remaining weak.

The housebuilder said it has strengthened its financial position significantly during the first half of 2009, having agreed the restructuring of debt facilities and successfully completed a Placing and Open Offer to raise net proceeds of ฃ510m.

The group said whilst wider economic conditions remain weak and rising unemployment could still have an effect on its markets, the severe downside scenarios for which it has been planning now appear less likely to materialise.

Despite some regional variations, the group has seen continued stability in the UK housing market since it reported full year results on 30th April.

This also the company which has one of the largest exposure to the US housing market so a recovery in the real estate sector in the US would also add to its gains.

peeyam there is already a thread open ,check it out..

Peeyam. 577 which year are you referring to. Or have you the decimal point in the wrong place?

You've ruined my day Fred i'm a holder i was happy with that..

Fred That the target as per charts who's asking you to get too greedy choose you point and exit. Still not convinced just relax and you sit on the side lines and watch the rest. I have recommend some in the past take a look :)

Fred here is some reassurance : I posted this thread on 29 April 2009 with 3 shares 3 targets. check them out

http://www.moneyam.com/InvestorsRoom/posts.php?tid=14044#lastread

So trust me, TW is medium - long term (3-12 months) from today.

peeyam - there are two other threads - this is the most recent!

PEEYam. Look at the charts. Look at the Fundamentals and try to explain your optimism.

I hold shares at a nice profit, but your expectancy seem to me to be in cloud cuckoo land and ramping.

I like 577p Fred , like i like to think i'm going to win Wimbledon next year..i also hold these..

Peeyman,

Somebody must have stolen this share's wings.

Mind there is a target price of 67p. Which year I am not sure!

are they waiting for the housing news this afternoon from america?

Still a good investement in my view ,just taking a breather ,news from the US will affect this one way or another ,lets hope its positive.

I think it will need a booster rocket. 8-)

Annoying Fred as the other house builders are up and housing data good from the US ,i have a holding that i'm hoping to keep in next year.

Might help your spirit level.
====================================Target Price
10-Sep-09 Bank of America Buy 49.00p 44.00p 67.00p Reiteration
08-Sep-09 Panmure Gordon Hold 49.00p - - Reiteration

RNS Number : 5923Z
Taylor Wimpey PLC
24 September 2009


Barclays lifted holding to over 5% 21/9/2009

Should help the price a little.

As i posted on the other TW thread yesterday ,we had a bit of a bear squeeze i think a lot of short closed.....Barclays news is good too ...

New article and analysis, click HERE

So is it too late to buy building shares now? Why Taylor Wimpey?
...Having said that, the company remains operationally highly geared with that 1.4 billion pounds of ordinary shareholder capital being only third of total assets of 4.36 billion pounds. That is another reason why building companies are so cyclical...
http://uk-analyst.com/shop/page-article/action-article.show/id-130001742

sorry! here is the link again
UK-Analyst.com

is it still worth investing in this company ?

it's arguably as good as any other housebuilder to have in your portfolio ...... for myself, i have added BDEV and PSN in the last few days, and handsomely they have perfomed too

Am happy to hold these for 12 months and will monitor along the way. Good med term investment imo.

I would be extremely cautious of most hb's atm, cynic hope you managed to take a quick profit prior to them both falling.
2517

Yesterday was optimistic.

Today Glooom!

Probably the first of many glooms of 2010.

George TW has gone back up nearly 30% over the last weeks ,with lots of positive broker buys .

jimmy b, from around 10th dec @ 33p to jan 11th @ 43p you are absolutely right re the sp and anyone buying between 10th dec and 21st dec have done very well, (I did say earlier on this thread that there would be trading opportunities). I think you will find that over the last 2 weeks there have been several buy rec's but the sp failed to pass the aug 09 high, in fact it has fallen away. Good luck to all holders though.
2517

TW. has gone out of favour recently as house price rise has slowed down.
Annual results out on 3rd March will tell how it is progressing or withering
...now 37.8p

try this one ; it's easier to read!
50 dma which sp now nudges, could/should provide support or even a bounce level, though in the current markets, too difficult to be that confident

Cynic, thanks for the chart.
TW. is showing weakness now... 30p on the cards possibly.

H, I have 16 on my chart!

That's at double dip recession, right?

Well, I hope, it is not to-morrow!

From the Chilcote inquiry: We have learnt lessons from this.

They are digging up the corpses and reviving them.

Off Point!

Some improvement. I hoped for better.

===========================

The Group says it returned to an operating profit in the second half of they year as conditions improved across all its main markets.

Turnover was more than 25% lower at 2595.6m and the operating profit before finance costs, exceptionals and amortisation was 43.3m.

Of this operating profit, 14.3 million was generated by the UK business (2008: 53.0 million) and 48.1 million by the North American business (2008: 59.9 million).

During the year 10,186 homes were sold in the UK at an average selling price of 160k, 4,755 homes in North America at an average selling price of 171k and 225 homes in Spain and Gibraltar at an average selling price of 260k.

Going forward, Taylor Wimpey says that trading in the UK has continued to be encouraging during the first two months of 2010, with the improved conditions seen in 2009 still in evidence. Supply remains constrained and the restrictions on mortgage availability, whilst still having an impact on customers' ability to fund new home purchases, are gradually easing.

In North America, the stability seen in the US housing market during the majority of 2009 has continued into the early months of 2010. Affordability levels remain at record highs and suggest that there is scope for house price rises once the wider economic environment stabilises.

Pete Redfern, Group Chief Executive,adds:"Trading conditions for our main businesses stabilised through 2009 and we were pleased to return to operating profit in both the UK and North America in the second half of the year.

"Whilst we remain cautious, we are continuing to see slowly improving conditions across our main markets. Our active cost reduction, high quality landbank and strong order book position us well to increase profitability as markets recover."

Seems optimistic.

Probably a hold for a while.


Excerpt from above

================
Home builder Taylor Wimpey has announced an operating profit for 2009 of just over 40m, with almost 10,200 homes completed in the UK at an average selling price of 160,000.

Pete Redfern from Taylor Wimpey says he believes the UK housing market has strengthened 'significantly' over the past year.

===============

Seems optimistic.

Probably a hold for a while.


Excerpt from above

================
Home builder Taylor Wimpey has announced an operating profit for 2009 of just over 40m, with almost 10,200 homes completed in the UK at an average selling price of 160,000.

Pete Redfern from Taylor Wimpey says he believes the UK housing market has strengthened 'significantly' over the past year.

===============

This share is beginning to move towards 45p resistance line having broken upwards through resistance of 40ish.

Would then expect 55p another <>20% from current 42.8p.

The projected fundamentals seem solid BDYOH

Very Bullish article.......

http://www.businessweek.com/news/2010-05-19/cheap-land-to-boost-u-k-homebuilder-margins-deutsche-says.html

Taylor Wimpey TW. on a momentum run over the past 2 days.....

Got a fair distance to move to get in line with these 2 latest broker reports........................

Date Broker name New Price Old price target New price target Broker change

24-May-10 JP Morgan Overweight 33.86p 58.00p - Reiteration
06-May-10 Collins Stewart Buy 38.02p 47.00p - Reiteration

A 58p and 47p SP target.

I'm still in ,,have been for ages ,,should have traded them instead of holding..

How is performing on the Indicators

Hi, Peeyam,any thoughts on TW performance it seems abit low key at present.

having bought at 32p sometime ago ,is it now worth another punt as the sp is now so low.? Any thoughts anyone.?

Yes, if you are under 30 and expect to see 50.

It depends on whether they can cover their borrowing.

I have some, but I am beginning to wish I didn't.

buy buy buy good tip they will double .

Hmmm - you have changed your mind then from posting here!

and on 18/4 sp was 36!

Halifax housing index still falling.

From Moneyweek magazine---------Average house price is 4.45 x earnings against the average post war - 1983 of 4. Factor in the low interest rates, and prices will almost certainly fall another 10%.
2517

like MRW in supermarkets, so in many ways TW. in housebuilding - their last results were interesting i thought

far cheaper to buy than rent dead money . these will double in the next 6 months .
you have been told .

Not sure about it doubling in 6 months Tanker, I got in on the 10th @39.7 on the spreads Sept contract.

cc i will be correct . a cert

whats with all these 5000 buys today

cynic and chris.....

Baler - Can I phone a friend? haven't a clue mate!

there is something going on at tw the trades say they should be up over the last week.

inverted head and shoulders - aka upside-down graph!

and going south.....tip it up the other way.....quick.,.

Taylor Wimpey the homebuilding company with residential developments in the UK and Spain, saw its share price boosted to 45.3p, a jump of 1.1p or 2.5% on the back of some very encouraging results for the six months to 1 July 2012.

Group operating profit increased by 50% to £100.9 million with pre-exceptional profit before tax increasing by 171% to £78.2m. This profit has been achieved by selling more properties and at a higher margin, which has increased to 11.1% from 8.2% in 2011 with the average selling price of their properties now increasing by 4.8% to £176k and completions up to 5,083, an 8% increase.

The homebuilding sector is fighting the general malaise in demand for property and investors can be pleased that Taylor Wimpey is performing strongly alongside the likes of Barratt , Bellway , Persimmon and Bovis.

The company have focused on obtaining customers in the current uncertain market with initiatives such as the NewBuy and the government-backed FirstBuy scheme. Part-exchange is also offered on many properties although Taylor Wimpey are selective regarding the properties it will take and generally will offer a significant discount on the property offered up for exchange. Additionally, appealing incentives in the form of cash discounts and free optional extras are offered to entice potential purchasers.

Additionally, customer satisfaction has increased to 91.8% from 89.5% in 2011, which underlines the five-star rating the company received in the Home Builders Federation's survey.

Looking forward, 6,890 new plots have been approved for purchase, an increase of 30%, and planning consents have been achieved on 1,565 plots.

An interim dividend was announced of 0.19p per share from the cash reserves of £123.8m

Baroness Brenda Dean has taken a huge risk.


Director Deals - Taylor Wimpey PLC (TW.)

BFN

Baroness Brenda Dean of Thornton-le-Fylde , Non Executive Director, has re-invested 39 shares in the company on the 25th September 2012 at a price of 55.65p. The Director now holds 59,848 shares representing 0.00% of the shares in issue.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

After last night's watchdog I would have expected her to dump the lot, mind you she's holding diddley squat.
2517

Didn't see it George, what was said?

Stan, some horrendous building blunders by TW resulting in vertical and horizontal gaps 30mm wide in new build houses, shows expert recommended that one house in particular needed to be pulled down and rebuilt from scratch. They were built on part clay.
2517

Ah Clay is that the same as "Part Clay? Clay has a habit of moving/cracking with some different weather conditions so a well respected Builder I was talking too explained a few months ago. He also said that Sand (providing it's not disturbed) is actually safer in that respect.

Areas in the South East/London are particularly potentially vulnerable.

On another note, did TW takeover Barratts? or are they still a separate Company do you know?

Separate co.
2517

Thanks.

Ed: Ah yes here they are http://www.moneyam.com/InvestorsRoom/posts.php?tid=13208#lastread

We have Barratt houses built here about 30 years ago where the lintels over the patio doors aren't long enough to reach the brickwork either side, so I think that they somehow manage to get away with sub standard build every time. However they are comparatively cheap and almost affordable to the first time buyers, so that was the original object. No doubt they will be pulled down in 50 years for more eco-friendly versions!
I wonder who built that block of flats near Newcastle? Just the pilings supporting the building as all of the subsoil has been washed away!

Stan,

Who built your house?

-----------

Don't talk TW. down.

I have had a large hold of these since jan 2009.

8-)

"Stan,

Who built your house?.. Some bloke called Gerry I think -):

-----------

Don't talk TW. down.

I have had a large hold of these since jan 2009.

8-)".. Wouldn't dream of it.. I blame George -):

So do I.
2517

-):

Housebuilders seem to be gaining every month, and the one I'm picking for October is Taylor Wimpey , whose shares gained a very nice 6.8p (12.5%) to 61.1p during the month. The shares are on a P/E of 16 for the year ending December, which is high compared to the FSTE long-term average of about 14.

But with strong earnings growth forecast, that drops to under 13 for next year, and the shares are on a PEG ratio (which compares P/E to earnings growth) of only 0.2 for this year and 0.4 for next -- growth investors generally see anything under 0.7 as a good sign

Not sure what has happened with this thread.

And reposting RNS of the morning.

Taylor Wimpey sees FY profits at upper end of its expectations

StockMarketWire.com

Taylor Wimpey said it sees its full-year profits at the upper end of group expectations and that consumer sentiment was more positive in the first weeks of 2013.

The company said it expects its operating profit to be up by more than 40% in the year to Dec. 31, 2012, with its operating margin to been full-year 2011's 8.8% and first-half 2012's 11.1%.

"We expect to report 2012 full year profits at the upper end of our expectations," the company said in a trading statement.

"Two weeks into 2013, consumer sentiment towards the housing market is more positive than we have seen in recent times," it said

"Clearly it is too early to judge the market for the year, but we maintain a positive, although cautious view in the short term."

Chief executive Pete Redfern said 2012 was a year of progress for Taylor Wimpey.

"We are delivering on the strategy that we set out in 2011, including a return to UK double digit operating margin ahead of schedule," he said in the trading update.

"As we look forward to 2013, we are confident that we will continue to deliver against our key objectives and target further improvement."

The company said underlying market conditions in the UK had remained stable since November 2012.

"While mortgage availability remains restricted, some major lenders have recently reduced their rates and we hope that this trend will continue as the Funding for Lending scheme gains traction," it said.

Average selling prices on private completions increased by 6% to £197,000, against a backdrop of broadly flat house prices.

The company's overall average selling price has increased by 6% to £181,000 (2011: £171,000).

Home completions rose 7% to 10,886, including joint venture, up from 10,180 in 2011, of which 18% were affordable housing completions (2011: 20%).

Our net private reservation rate for the full year was 0.58 homes per outlet per week (2011: 0.54) with cancellation rates below the long term average at 15.2% (2011: 15.8%).

"We start 2013 in an excellent position with a substantial order book with an increase of 14% in value to £948m as at 31 December 2012 (31 December 2011: £835m), representing 5,966 homes (31 December 2011: 5,379 homes).

"Our focus on prioritising both short and long term margin performance ahead of volume growth remains and we are pleased to report further improvement in the margin in the order book with the growth driven by the strength of the private reservations."

Of the group's operations in Spain, it said the continued wider macro economic uncertainty had contributed to the challenging market conditions.

Despite this backdrop, we have completed 156 homes (2011: 109) at an average selling price of £189k (2011: £238k), with the reduction in selling price primarily due to mix. The Spanish housing business made a small profit during 2012.

==============

On its strength, will whole shares and buy a small dose of S/Bs.



Repeating it is a funny market, but I am not laughing at the moment

Fred, any chance that you can you use this thread which is more current and searchable by ticker?

Sk.

Was looking for the thread you have pointed to.

Happy to do so!

8-)

PS there seems to be a clash of threads or I am blind.

Ticker is TW. not just TW

Yes there is rather - the other one seems to have more recent posts and is searchable by ticker (TW.)

Thanks.

Just worked it out!

8-)

Sold my holding - been in since Aug 2012 - 44p.

Been in since 20p. Missed the first burst. Think it has a long way to go.

I have to many house builders Fred, still have BDE, BHY,CRST and PSN.

Trading Statement out today http://www.moneyam.com/action/news/showArticle?id=4626438

ED: Sorry, just seen the the "current thread link".

Trading Statement http://www.moneyam.com/action/news/showArticle?id=5153771

Ed: Link corrected.

Clearly a good customer of Majestic Wine Stan?

Well it was early K -):