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We are one of the UK's largest residential developers. As a responsible developer we are committed to working with local people and communities.



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Taylor Wimpey Fundamentals (TW.)

This stock has traded sideways (within a range) for nearly a year. Wouldn't that indicate that it is fairly valued?

TP about 210 from brokers.

06-Apr-16 Charles Stanley Buy 193.70p - - Reiteration
24-Mar-16 Goldman Sachs Neutral 186.80p - 231.00p Reiteration
17-Mar-16 HSBC Buy 188.50p - 210.00p Reiteration
02-Mar-16 JP Morgan Cazenove Overweight 182.30p - 220.00p Reiteration
02-Mar-16 Canaccord Genuity Buy 182.30p - 210.00p Reiteration

From EPS projections 210- 230 (if you believe them).

Future Yield promises are good!

Shortage of housing, and drop due to over sale before recent change of taxation.

Cockeyed market due to Brexit.


Could be wrong.

Can Housebuılders get anymore prıcıng power ın wıth values already on levels out of reach for most?

May be thıs ıs the top!!! For now.

They are all a bit weaker again today, you may be right CD.
Fred, brokers rec's to be taken with a huge block of salt, why would they post their rec's for all and sundry to digest, is that not disloyal to their fee paying clients' ?
2517

Have a look at projected earnings etc.

But this market is all over the place.

Another, interest to me is sales posted past the close.

TEF hasn't faired too bad today compared to the rest .

Taylor Wimpey remains on track

StockMarketWire.com

Taylor Wimpey said it remains on track to deliver good progress towards all of its medium-term targets in 2016. The company was performing well against a positive housing market, it said.

"The UK housing market continues to be underpinned by good mortgage availability and employment prospects," it said in a trading update.

"As at 24 April 2016 we are c.70% forward sold for 2016 private completions, positioning us well for the remainder of the year and beyond. As expected, the rate of build cost inflation has reduced, and we continue to anticipate underlying build cost increases of 3-4% in 2016.

"We believe that the recent House of Lords amendments to the Starter Homes provisions in the Housing and Planning Bill reduce the future risk of the scheme. If passed, these changes will ensure that the Starter Homes initiative provides an incremental improvement to the housing market.

"The uncertainty surrounding the European Union (EU) referendum has not impacted trading to date, and underlying demand remains solid across all of our geographies.

"Due to our customer base and supply chain being based principally in the UK, together with our strong order book, we are well equipped to react to any potential changes in the market that may be caused by the EU referendum."





Story provided by StockMarketWire.com

It's all Well and Good TW. saying they have a progressive dividend policy, when the div. is pathetically low DYOR. The extra-cash hand-out (May?) is hardly a correction, however welcome.
The Annual Report sp-graph conveniently forgets these shares were close to £4 prior to 2005.
EDIT(25Jn2016)-Well "BrExit" has done for us! TW down ~30% allowed DIR Baroness to buy 2x£20k-worth - a nice discount.....
I read ( see posts below), from FT..... "....UK housebuilders – including Taylor Wimpey – have seen their share prices pare back since January after a three-year winning streak, due to concerns that foreign investors would be deterred from the property market it Britain’s left the EU....."
So it is particularly odd that TW has been so severly punished - but that's Markets for you. Did anyone else buy . . . -or maybe wait for a further fall, if/when the French get nasty?

and fred was probably not showing signs of dementia at that time either

TW. up 5% This am.


http://www.ft.com/fastft/2016/05/17/taylor-wimpey-upgrades-forecast-raises-dividend/

Taylor Wimpey, one of the UK’s largest housebuilders, has upgraded its profit guidance and said it will boost its dividend payout, citing a “very positive” housing market with “high” consumer demand and confidence.

The FTSE 100 group said ahead of an investor day that it was confident in its business “against the backdrop of a strong, growing housing market”, after last month reporting that its order book was up 7.5 per cent from the same time last year.

It raised its guidance on operating profit margins to 22 per cent for the period between 2016 and 2018, and said that it will boost its total dividend payout for 2017 by 26 per cent to 13.8p a share, subject to shareholder approval. In 2015 its operating profit margin was 20.3 per cent and its total dividend payout 11p a share.

Taylor Wimpey said:

We believe that the land market is structurally different in this cycle, with fewer players and higher barriers to entry with increased upfront capital costs and expertise required to progress sites through the planning system.

The construction company said last month that its trading has been unaffected by the upcoming referendum on European Union membership, despite a series of estate agents warning of a fall-off in transactions.

UK housebuilders – including Taylor Wimpey – have seen their share prices pare back since January after a three-year winning streak, due to concerns that foreign investors would be deterred from the property market it Britain’s left the EU.

Analysts have warned that uncertainty around the referendum could damp demand for property assets just as the supply of high-end homes increases.

Doing well.

Worth a look!

Date Broker New target Recomm.
18 May Beaufort... N/A Hold
18 May JP Morgan... 250.00 Overweight
18 May Deutsche Bank 261.00 Buy
17 May Canaccord... 210.00 Buy
17 May Peel Hunt 205.00 Hold
17 May Liberum Capital 161.00 Sell
16 May Deutsche Bank N/A Buy
10 May Canaccord... 210.00 Buy
9 May Deutsche Bank N/A Buy
4 May Canaccord... 210.00 Buy

XD on 2/6 (9.2p)
2517

That will do.

Are they soon ready for the pick up?
They have been falling heavily for the last couple days and at 115p they seem having some support at the moment
as they move up and down from 113 to 116p

I agree at some point ,house builders getting hammered ,we still have a shortage of houses even if we slow down immigration .
Barratt the same.

It's too early - this drop will continue for next few days, don't catch a falling knife.

I agree. More downside to come for all stocks which are UK focused and reporting figures in Sterling.
Defensives for the moment are companies with $ earnings.

Bought some at 113p
Had to go to the MM as a long settlement T +15 was not accepted on the Platform

I said i agree at some point ,,there are several stocks like these worth watching ,i wouldn't buy yet but if they are going to hammer them down to silly prices (which they probably will) then they are worth looking at.

Order book has change from mainly this morning weakness

For the last 15 minutes the bid side has change and the DEPTH (no. orders ) is well ahead of the offer side.

I hope is the starting of a bounce back