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.

Chart is 5 day and 10 and 30 MA 10mins charts

Some nice large buys throughout the day with Approx 2,000,000 bought after the bell.

Reasonable volume.

6.7% today.

TW. Have done really well over the last few weeks, have to admit I was wrong in thinking they would drop sub 20p, although I still think they are ahead of the game. Anyway GL to all who hold.
2517

I think BDEV have changed their build strategy and have therefore seen a rise in their sp. Might just be that TW. are moving up on the back of that. Am now at breakeven, so am tempted to try and force it to 38p & then out. Not yet convinced this sector is ready for the off yet.

Perssimon will report shortly, TW. has a j/v with them.

sale of their US business imminent should propel the sp upwards.

i can't get enthusiastic about housebuilders at the moment, though WOS has certainly rocketed and No1 son in yorkshire property says they are currently being run off their feet

having a very good day, trading statement this week,
perhaps some news on american operations?

Trading Statement.

Trading Statement for the year ended 31 December 2010



Taylor Wimpey plc is issuing the following update on trading ahead of its Full Year Results for the year ended 31 December 2010, which will be announced on 3 March 2011.



Overview


Underlying operating profit and profit before tax ahead of the upgraded expectations set in the November IMS due to outperformance in North America

Full year reported operating margin for UK Housing expected to be approximately 7% (FY 2009: 0.8%)

Refinancing completed, giving the Group greater operational flexibility and secured funding at a lower blended rate

Strong cash generation and lower than expected net debt of c.660 million, despite one-off refinancing payments and pension contribution of 183 million

Strong position to deliver further margin improvement in 2011

Pete Redfern, Chief Executive of Taylor Wimpey, said "We have delivered a much improved performance in 2010. We are now in a strong position to add significant value by maximising returns from our existing land portfolio and adding high quality new land on attractive terms."

after holding for a long time, nearly into profit.

Same here.

Same here too :-) ..

have been buying these my view is the tide as turned .
good times ahead . 50p plus by march

haven't been in this one for quite a while, nor indeed any other uk housebuilder ..... certainly quite a pretty chart, but i think 2011 will continue to be pretty nasty with a dearth of mortgages, thanks to our beloved banks (speak with forked tongue!), and also a general lack of confidence and money in general

the deal with the banks is a done deal .fact . thehousing market is going to have a rally

renting is for people who dont care about money most do . so they will buy

That's a very condescending comment!

Isn't there a dilemna here?
One the one hand we (Brits) want to own property (It's historic, it gave you the right to Vote and was a sign you were someone), Long-term owning is better than renting, sinice houses by-and-large are maintenance-free - most folk spend far more on their Holidays/Cars than on any structural maintenance.
However, Houses are expensive compared with average wages (abt. 25k/pa), so youngsters in particular cannot buy without family assistance....in the "Good Days" '90-2008, family cash was loose as there was "feel-good" about....but now folk are concerned as they can't get any return on Savings and many Equities look a tad sickly.
Couple that to house-prices staying "high" and Mortgages "difficult" - one can see why houses aren't being built in large numbers.
-since anyone wanting to buy is wondering if "now" is the time to hold-back, in hope prices come down. Personally I think they need to be 30% lower (or wages rise=same thing)...the trouble is our Government would like inflation to reduce our indebtedness . . . although Savers won't.
Once again it's the "thrifty" that pays the price.


I hold a few TW. (currently evens I think) and liked them because they had a decent "land-bank" but it's possible this has been reduced and I'm not keeping up with TW. events generally.
I would like further explanation of that Bank-deal and why TANKER thinks a housing rally is on its way.
IMHO, the only demand for housing is caused by immigration, without that we have sufficient....er, yep. The difficulty with Immigration is it's a short-term fix (for [un]skilled workers?), without regard to their dependents and resulting family that will soak-up any short-term benefits by swapping a Long-term problem. Industry "imports" labour, but the Country imports the family....Only after (say) the forth generation can these folk be considered part of the population and if you are dark skinned it may take a while longer. This is not to say they do not contribute - - - just that their presence is made obvious. By the forth generation I suspect most folks will have adjusted to our way of life and be indistinguishable from the rest of us either in thought word, or deed.

-But I don't think we should be endorsing immigration when jobs (here) are scarce. The previous Gov used Universities to mop-up unemployed youngsters (so much easier than "Apprenticeships"= straight from school). Now many youngsters will question the need for Uni. and then youth Unemployment is out in the open.

People in their 50/60's are finding jobs difficult, despite the Gov wanting retirement to be extended towards 70. Frankly, I don't see this as the "norm" - there aren't sufficient spread of required skills to soak-up all these abilities.....indeed we need to prevent jobs going abroad PDQ - by bringing call-centres back - perhaps "exported Jobs" should be licenced?

Sorry, this is a bit long.....


So where is the demand for (average expensive) houses? - locally they have been shrinking the plot-size so their Widescreen TV will take up most of the room!

I suspect Cars will be the first area to show growth; since a car can show-off, by being driven about....whereas only visitors see your house.

Again, Sorry, this is a bit long.....
I think TW should survive, but don't see a rapid revival to 2, just yet. - if ever! Ooops.