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.

The news was factored into the price.

Taylor Wimpey plc (the "Company")

18 April 2011

FOR IMMEDIATE RELEASE

RESULTS OF GENERAL MEETING FOR NORTH AMERICAN BUSINESS DISPOSAL

At the General Meeting held at 10.00 am on 18 April 2011 at the offices of J.P Morgan Cazenove at 20 Moorgate, London, EC2R 6DA the ordinary resolution regarding the disposal of the Company's North American Business was duly passed by way of a poll. Completion of the transaction remains subject to certain US and Canadian regulatory approvals and other customary completion arrangements.

sell sell

Would you kindly add what exactly it is with the latest news re: disposal of american business, that brings you to this "sell sell" conclusion. I am always very interested in the way other people look at things from different angles in order that I get a sensible perspective. Unfortunately from your additions here (and particularly your frequent & inane ramblings & cursings on the Lloyds thread) you merely come across as an extremely silly person.
I hope this is not how it is and very much look forward to you qualifiying some of your random statements (rantings) with bated breath!

From Today's IMS.

Outlook

We expect a relatively flat market in the UK over the remainder of 2011. We expect to make further progress in delivering value from our existing land portfolio and the completion of the disposal of our North American business will put us in a strong position to add new sites where attractive opportunities are identified. We remain on track to achieve our target of double-digit operating margins in the UK in 2012, subject to continuing stable market conditions.

Tanker.....is that your dad on post 417???

No Balerboy, def not his dad!!!! Just someone who is fascinated by how someone else (in this case Tanker, tho not at all sure about the T) can spout so much ill conceived crap & pointless angry rantings without ever qualifying anything he says! Just I was trying to say it nicely :-)

Third Avenue Management over 3%Holdings in Company.

now 36p housing market still falling are we heading for 30p?

Yes its been pretty uninspiring of late - trading update late June and half year results early August, I believe.

.

I'm Out for now, see how it goes may get back in if shows any sign of improvement. Trading statement 27th June.

Bu**er stuffed again.,.

Deutsche: R eiterated buy - TP 50

JPMorgan: Reiterated overweight - TP raised to 58 from 57

StockMarketWire.com
Taylor Wimpey insists the Group's UK operations have traded in line with expectations in the first half of 2011 and expects to deliver a strong improvement to margins as anticipated.

The company remains focused on delivering margin improvement on its existing land portfolio, continued progression of strategic sites through the planning system and the addition of new sites where good opportunities are identified.

The sale of its North American business is nearing completion, with all of the required regulatory and governmental approvals now received. The company will update the market once the transaction is complete.

Taylor Wimpey plc will announce its Half Year Results for the period ending 3 July 2011 on 3 August 2011.

Pete Redfern, Group Chief Executive, commented:"I am very pleased with our ongoing performance improvement in the UK and we have made good progress towards completing the sale of our North American operations.

"We are well positioned to deliver further margin improvement in the UK, beyond our double digit operating margin target for 2012, through the development of our extensive strategic land portfolio."

ul . my bank manager at lloys told me to buy and stated that they would double .that was a few weeks back and i keep adding a few

LOL - And your new target price? I seem to remember 50p by March and 60p by June.

skin i can only reply to the post about what she told me and she is a nice
person have known her for a long time

-anker surprised she is still talking to you after all the nasty things you have blogged about LLOY.