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TAYLOR WIMPEY PLC - BUY NOW@ 49p target 577p (TW)     

peeyam - 09 Sep 2009 14:31

(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.




Fred1new - 14 Jan 2013 15:59 - 81 of 92

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

HARRYCAT - 14 Jan 2013 15:59 - 82 of 92

Ticker is TW. not just TW

skinny - 14 Jan 2013 16:00 - 83 of 92

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

Fred1new - 14 Jan 2013 16:01 - 84 of 92

Thanks.

Just worked it out!

8-)

dreamcatcher - 01 Mar 2013 15:13 - 85 of 92

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

Fred1new - 01 Mar 2013 15:24 - 86 of 92

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

dreamcatcher - 01 Mar 2013 15:39 - 87 of 92

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

Stan - 04 Jul 2013 07:45 - 88 of 92

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

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

HARRYCAT - 04 Jul 2013 08:08 - 89 of 92

Chart.aspx?Provider=EODIntra&Code=TW.&Si

Stan - 16 Nov 2015 07:18 - 90 of 92

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

Ed: Link corrected.

kernow - 16 Nov 2015 08:31 - 91 of 92

Clearly a good customer of Majestic Wine Stan?

Stan - 16 Nov 2015 15:31 - 92 of 92

Well it was early K -):
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