hangon
- 02 Jul 2008 22:01
Oh dear, two large companies combine and, like an intergalactic "event" only negative matter remains....a case of 1 + 1 = 0.2
Let me say - sp a year ago was 10x today's - so this business has earned its place in the 90% club....and maybe more to come, as they will need to go overseas for cash, if the UK is dry.
I doubt there is a UK Builder with enough dosh to bail-out this dullard. They all thought they could expand until the UK burst with immigrants - yet they consistently went for pricier properties and projects where ( even now), there is some doubt whether there are enough jobs to support new-build developments.
EDIT ( Nov 2015 ) - Seven years on and we're at 183p - so anyone that bought at the all-time Low has done very well - but the Market was fearful and that meant few were Buying. 2009/2010 averaged about 40p - that was a good time if you had the LT cash.
With the rise and yield-multiplier effect, this is looking like Buying it was "probably" inspired.... but it has not regained that earlier Value - which will surely take a lot longer.
jimmy b
- 04 Jan 2010 13:00
- 177 of 815
I just posted that above GF , you been on the booze ? :-)
halifax
- 05 Jan 2010 10:47
- 179 of 815
ticking up nicely,our preferred builder.
jimmy b
- 06 Jan 2010 19:22
- 180 of 815
Housebuilder Taylor Wimpey is selected by Nick Stockton, of Arnold Stansby. He says: We see negative market sentiment as overdone, not just towards Taylor Wimpey but the sector as a whole. Provided the double-dip in the economy does not happen, we expect a significant rebound in the share price.
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Another tipping this one to recover strongly this year..
jimmy b
- 06 Jan 2010 23:06
- 182 of 815
Tried to post a link that wont open ,,sorry.
jimmy b
- 07 Jan 2010 11:27
- 183 of 815
Off we go again regaining all our losses :-)
hlyeo98
- 07 Jan 2010 11:59
- 184 of 815
Just buy TW. you won't lose at all. Yippee!
hlyeo98
- 07 Jan 2010 12:42
- 185 of 815
BUY BUY BUY at 42p. Still cheap!
goldfinger
- 10 Jan 2010 16:49
- 186 of 815
Another positive chart candidate Taylor Wimpey Looks like we could have a positive run out of this housebuilder especially in the season for housebuilding stocks.....
At christmas this broker had this target but I beleive its been upped again...
Broker recommendation
Date: 22 December, 2009
Broker: Goldman Sachs
Company: Taylor Wimpey
Recommendation:
upgrade to Buy from neutral - price target 47p
jimmy b
- 11 Jan 2010 09:55
- 187 of 815
I'm happy ,this was a loser for me last month ,turned right round.
goldfinger
- 11 Jan 2010 11:03
- 188 of 815
Yep going nicely now Jimmy.
goldfinger
- 11 Jan 2010 11:03
- 189 of 815
Toscafund's Hughes backs housebuilders, resources
08 Jan 2010 - 16:40
(Repeats to additional subscriber service)
* Favours online gaming, resources, housebuilders
* Wary of consumer discretionary, commercial property
* Funds up more than 100 pct in 2008
By Laurence Fletcher
LONDON, Jan 8 (Reuters) - Hedge fund firm Toscafund's high-profile founder Martin Hughes is backing online gaming, housebuilders and resource stocks for 2010 but is wary of commercial property and has moved out of retailers.
Hughes, whose funds were hard hit during the market fall of 2008, saw the firm's Mid Cap and Opportunity funds return more than 100 percent last year, helped by a bet that the price of new houses in the UK would not collapse, and says he remains positive on this sector.
"Looking forward, we expect good gains in 2010," said Hughes, who was ranked joint 322nd in last year's Sunday Times Rich List with an estimated wealth of 175 million pounds ($279.1 million), in a rare interview.
"We feel we're going to make a lot of money out of housebuilders as they're undervalued. Media hysteria has house prices falling this year, but they're going up."
His top bets in his Mid Cap fund last year were Redrow and Taylor Wimpey , which more than doubled and rose fivefold respectively from trough to peak.
He also favours resource stocks, particularly those involved in oil in Africa, gold miners and basic resources.
"Resource stocks are attractive... There may or may not be a bubble in gold (the metal), but if you go back three years gold shares have hardly moved. We expect very favourable announcements."
He said he recently bought into Fijian gold company Vatukoula .
"Based on management expectations it's on a PER (price/earnings ratio) of just over 1.5 (times), so we expect it to rise 10-fold over the next 12 months."
He also favours online gaming stocks but has switched out of consumer discretionary.
"We're happy with the online gaming market, which has seen important regulation, particularly in the U.S.
"We did well out of consumer discretionary in 2009 and we won't be investing there now. We're avoiding stores and shops and commercial property
jimmy b
- 11 Jan 2010 13:50
- 190 of 815
Sounds good GF ,,also favours oil in Africa ,,that spells Afren to me ,glad i'm in both ,,,,,,bit of caution required here as i dont think house prices will rise this year ,its wether they are selling or not thats the big question ,,,banks have to lend...
hlyeo98
- 12 Jan 2010 08:19
- 191 of 815
Keep on buying TW. at 44p.
goldfinger
- 13 Jan 2010 08:26
- 192 of 815
TW. - TAYLOR WIMPEY monday 18/01/2010
Fundies Backup..
BROKER CALL: Credit Suisse remains bullish on UK housebuilders
12 January, 2010 07:34:30 AM
Broker tells us: 'We cite an average 58% upside potential to our target prices. We now expect flat house prices in 2010 (previously down 5%) and thus do not anticipate any further impairments across the sector (we believe prices need to fall 14% from current levels for further impairments). We see the sector valuation, at 1.0x NAV, as attractive.' Credit Suisse retains its outperform ratings on Barratt (TP: 257p), Bellway (TP: 1256p from 1200p), Bovis (TP: 774p from 750p), Persimmon (TP: 642p from 606p), Redrow (TP: 215p) and Taylor Wimpey (TP: 65p). Maintains its neutral rating on Berkeley (TP: 920p from 903p).
and
today... Taylor Wimpey Consumer, Cyclical Buy 53 42.91 23.5% ABN Amro
SP target 53p 23.5% upside.
goldfinger
- 13 Jan 2010 14:54
- 194 of 815
Another broker backing TW. today....
13-Jan-10 Taylor Wimpey TW. CSFB Outperform 42.26p 65.00p - Reiteration
2517GEORGE
- 14 Jan 2010 13:35
- 196 of 815
His fund greatly underperformed last year, and given he has gone long from previously being short I wouldn't expect him to be anything but bullish.
2517