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.
irlee57
- 18 Jan 2011 12:56
- 349 of 815
after holding for a long time, nearly into profit.
Balerboy
- 18 Jan 2011 16:53
- 350 of 815
Same here.
jimmy b
- 21 Jan 2011 18:33
- 351 of 815
Same here too :-) ..
TANKER
- 07 Feb 2011 10:22
- 352 of 815
have been buying these my view is the tide as turned .
good times ahead . 50p plus by march
cynic
- 07 Feb 2011 10:41
- 353 of 815
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
TANKER
- 07 Feb 2011 11:32
- 354 of 815
the deal with the banks is a done deal .fact . thehousing market is going to have a rally
TANKER
- 07 Feb 2011 11:34
- 355 of 815
renting is for people who dont care about money most do . so they will buy
skinny
- 07 Feb 2011 13:35
- 356 of 815
That's a very condescending comment!
hangon
- 07 Feb 2011 14:37
- 357 of 815
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.
TANKER
- 07 Feb 2011 18:44
- 358 of 815
hangon. the young ladys of today want only new .fur coat no knickers
and will do anything to get what they want .
the start of recovery in the uk as started good times ahead in my view
but i will sell when i hit 10 percent profit i do this on 80 percent of my dealings .
TANKER
- 07 Feb 2011 18:52
- 359 of 815
Housebuilder Bellway has reported 'encouraging' numbers of site visits and subsequent sales since the harsh winter weather subsided at the turn of the year.
TANKER
- 07 Feb 2011 18:56
- 360 of 815
Housebuilder Bellway has been encouraged by the pick up in site visits and reservations in 2011 following the cold snap in December. The group said it sold 2,332 homes in the six months to end-January, an increase of 85 on the corresponding period a year earlier. The average sales price over the period rose to 168,000 from 155,871 a year earlier, largely as a result of selling more traditional two storey homes and fewer flats.
TANKER
- 08 Feb 2011 13:48
- 361 of 815
Jan 19 (Reuters) - British homebuilder Taylor Wimpey (TW.L) has received at least three initial bids for its North American assets that could be worth about $950 million, people familiar with the matter said.
TANKER
- 08 Feb 2011 13:56
- 362 of 815
will it will be completed by end of march
and a div
Balerboy
- 08 Feb 2011 14:01
- 363 of 815
lets hope so.,.
TANKER
- 10 Feb 2011 12:58
- 364 of 815
hold on to your stock we are going to get some good news on 3rd march
TANKER
- 14 Feb 2011 08:13
- 365 of 815
how much will they pay on the div ? 5p
irlee57
- 14 Feb 2011 08:52
- 366 of 815
can I ask what good news?
TANKER
- 14 Feb 2011 09:23
- 367 of 815
the sale of n /a
irlee57
- 14 Feb 2011 09:32
- 368 of 815
thanks.