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.

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.
2517

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.
2517

Volume leader atm.

Blackrock > 10%

Taylor Wimpey TW. worth having a look at for tomorrow.

I like its breakout from a double bottom chart pattern.......

Half Year Results


RNS Number : 4024Q
Taylor Wimpey PLC
03 August 2010

?
3 August 2010
Taylor Wimpey plc
Half Year Results for the period ended 4 July 2010

Taylor Wimpey has performed strongly in the first half of the year reporting
improved profitability and margins.

Highlights
� Significant growth in Group operating profit* before exceptional items to
GBP79.3 million (H1 2009: GBP2.8 million), with material improvement in
operating margins*
o UK operating margin* 7.5% (H1 2009: negative 1.0%)
o North America operating margin* 7.6% (H1 2009: 5.2%)
� Substantial landbanks:
o Strong UK owned and controlled landbank in excess of 6 years supply with
owned land held at an average cost of 18% of selling prices at current levels
o Well-positioned North American owned and controlled landbank in excess of 6
years, balanced between short and longer-term assets
� Healthy order books:
o Total UK order book of GBP952 million
o Total North America order book of GBP668 million
� Ahead of schedule in reducing UK build costs, with private build cost per
square foot down 9% from the peak
� Improvement in tangible net assets to 47.0 pence per share (H1 2009:
44.1p)
� Further reduction in net debt to GBP633.9 million (H1 2009: GBP1,033.7
million)
� Although wider economic uncertainty remains, current trading is
satisfactory and our forward order books and cautious approach to land valuation
provide protection against downside scenarios

Pete Redfern, Group Chief Executive, said:

"We have performed well in the first half of the year and I'm pleased with the
progress we've made in reducing costs, improving the margin and developing the
landbank. We have significantly strengthened our business and we are
well-positioned to grow shareholder value."

Excelent results reported and the chart looks a belter.

Quite a few shorters here to close out so should over next few days add to market SP momentum.......

Missed this broker reco from yesterday, going to see plenty of upgrades in next 48 hours I believe......

Taylor Wimpey PLC

FORECASTS 2010 2011
Date Rec Pre-tax () EPS (p) DPS (p) Pre-tax () EPS (p) DPS (p)

Panmure Gordon
02-08-10 BUY -23.40 -0.53 46.90 1.04

NEWS WATCH Taylor Wimpey ST: short term rebound
03 Aug 2010 - 05:21

Click here to see our chart:
http://www.tradingcentral.com/chart/TWGBp100803061932.gif
Our pivot point stands at 25.
Our preference: short term rebound.
Alternative scenario: below 25, expect 22.5 and 21.25.
Comment: the RSI is above its neutrality area at 50. The MACD is above its
signal line and negative. The MACD must break above its zero level to call for
further upside. Moreover, the share stands above its 20 day MA (26.83) but
below its 50 day MA (29).
Supports and resistances:
34.5 *
33 **
31.5
28.52 last
26
25 **
22.5 *
---
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For sales enquiries please call your Reuters account manager or TRADING
Central
by phone: New York (1) 212 812 2400 Ext 29, London +44 (0) 207 429 3980 or
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or e-mail: sales@tradingcentral.com.

Stonking rise carries on.......nice.