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.

Talked it up George:
"BFN
Christopher Rickard, Financial Director, bought 86,660 shares in the company on the 10th June 2010 at a price of 28.85p. The Director now holds 168,132 shares. "

Harry, similar action at BDEV - now both positive.

HC, maybe he read my post ha!ha!-----I'll have to try that on some of the co's I hold shares in. The FD has doubled his holding here, I like to see more than just one director buying and in decent share numbers, at least it's a start.
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http://www.telegraph.co.uk/finance/financevideo/yourmoneytheirhands/7818371/Questor-Plus-Podcast-Undervalued-shares.html

Undervalued now ,i expect a bounce soon .

George, looks like you have the midas touch:
"BFN
Peter Redfern, Chief Executive Officer, bought 159,035 shares in the company on the 21st June 2010 at a price of 31.44p. The Director now holds 354,445 shares."

HC---I wish. Always a good sign the directors buying, long may it continue.
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RNS Number : 0415O
Taylor Wimpey PLC
22 June 2010

Taylor Wimpey plc


Share Dealing


Further to the announcement made by Taylor Wimpey plc ("the Company") on 24 May
2010 which confirmed that Kevin Beeston had acquired 300,000 ordinary shares,
the Company announces that Kevin has today acquired a further 158,077 ordinary
shares at 31.63p each. As previously announced, Kevin will join the Company as
Chairman with effect from 1st July 2010.

Trading Update.

The Group as a whole continues to perform in line with our expectations in a gradually improving, but still uncertain, trading environment.



UK Housing

The UK housing market has maintained an encouraging level of stability since our Interim Management Statement on 29 April. Mortgage availability has improved slowly since the start of the year.

Private sales rates for the year to date remain broadly in line with those achieved in the first half of 2009 at an average of 0.58 sales per site per week, net of cancellations (H1 2009: 0.61). We saw a slight softening in sales around the time of the General Election, although sales performance has strengthened in recent weeks. Our order book remains strong and we are now 83% sold for our full year targeted completions.

Our focus remains on achieving price improvement rather than increasing volume, and prices on reservations have shown a further slight improvement since our Interim Management Statement. Cancellation rates remain at historic low levels, with the year to date average running at 16% (H1 2009: 19%).

We expect to complete around 4,650 homes in the first half of the year (H1 2009: 4,702) at an average selling price of approximately 167k (H1 2009: 153k).

Collins Stewart buy note out ,47p target.

Drooping mortgages not a good sign for TW.

hlyeo98----so are you revising your 'buy' 'buy' 'buy' @ 42p 'you can't lose' stance from January.
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A droopy mortgage! Must be a new product I haven't heard of!!! ;o)

it goes with a droopy sp at the mo.,.

jb
cant see that according to my reading of chart.looks ice burgey to me. could be wrong.
be careful. just my opinion as always.
dyor.
regards
jkd

jkd ,,,too late i've been in for a while now ,could used this holding for something better ..

Just look at TW. , very, very concerning indeed. Housing market could be on the slum again.

Ah, a droopy mortgage in a housing slum. Sounds as bad as the chart looks!

On a slide down... housing market gloom and doom to come.

Ch/man, CEO and ED buying, several purchases been made over the last week or two which is encouraging, I still have not bought in yet and whilst I believe the sector has more pain to come, there will come a time when they'll be worth picking up. Perhaps shortly.
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Volume leader atm.