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.

it was stated a few months ago it has till feb i think..........cant see it happening considering global financial mess.
barretts and tw. to go bust

tanking again......not long to go now

17p...going down the pits.

they would be better off mining

what the hell is happening to builders today?

probably expecting a rate cut but nevertheless for TW. to be up 30% is extraordinary.

I'm not complaining mind...

Traders bottom picking, imo. Suspect it will be short lived.

Bought a few today at 33p - after the news of Taxpayers' injection for Banks . . . . I think Banks will have to use this to lend - and where will that be?
I suspect homeowners and movers maybe - not a rush - but a softening of the dead-stop we are experiencing.

Will TW start building again this week - of course not, but it gives them a lifeline and hope that employment may be restarted as small projects are finished-off ( those houses that are in part-build state, perhaps)....

Who knows? it could be a massive con - BUT - it's the only one in town, so get in the queue and stop grumbling.
Ho-Ho

Hangon, when you are in profit, I would seriously consider taking it. This is a very risky investment. This stock is heavily traded by the day traders (have a look at the intraday chart) & the fundamentals are poor at best.
Ever decreasing property prices, decreasing land bank values, part built sites with building materials being sold off to raise cash, heavy debts and very limited cash flow etc etc....
Long term the housing industry will probably bounce back, as it usually does, but TW. may not survive that long.

TW. has huge mountain of debt.

The way this is going it will be 5p within days.

Well, it is a penny share then.

As per Investor's Chronicle last week - it's option money. It will either go bust or go up 4/5 times.

bust!

almost htere.

feb as thats when banking covenants will be broken although maybe the market will have killed it by then

Going bust soon

Up 20% today so maybe this is looking a lot better?
What's odd is the sp graph that appears to drag along the zero-line....why is the price-axis going to 16?
-(-Bring that down to maybe 3 and it would be easier to see the changes.-)
I bought this in the belief that the Gov would use the recession to start building "council" properties and TW. is well-placed to addrerss that level of building, being towards the lower-end, as it is.

TW. up on news that Private Equity is interested, presumably they can see that in 5+ years there might just be someone with money to buy into UK Plc. The Land-bank is valuable, at least in respect of a going-concern. Furthermore, the Company has a gopod name and is a "established-player".
Yet I wonder what the Company would think is a decent Exit-Price?

Can someone explain why the Charts are so poor - surely they should reach at least 75% of the vertical height?

Massive amount of debt.

approaching 5p incredible.