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.

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.

it is not the local bank managers that are the trouble
and i no what she thinks but i can not comment .
23 of my good friends work there they are all want out

If you can't stand the heat get out of the......

i got out of these a few weeks back, probably at some sort of loss ..... i still like the company and think it's one of the better ones in the sector ..... however, the housing market in general (london is a notable exception) remains both weak in terms of prices achievable as well as sales volume (arguably the more important indicator)

Peel Hunt currently SELL with 27p target.
Northland Capital currently HOLD.

HARRY , if i listened to brokers i'd be bankrupt by now :)

Yes, I tend to agree, though it's still useful to know what the consensus is.

Blimey - I've got more than this chap.

I'm not sure Kate would like being referred to as 'This chap'!!!!

Harry - well done - you've passed the test :-) I'll get my coat!

can anybody explain the significance of the multi sells of 300 shares in this stock.

StockMarketWire.com
Taylor Wimpey plc has announced half year results for the period ended 3 July 2011 with the company delivering further operational improvement in its UK business.

With an operating margin of 9.3% for the first half of 2011, the company believes it is firmly on course to deliver a double digit UK operating margin in 2012.

The Group has delivered an operating profit from continuing operations of 67.2 million (H1 2010: 51.1 million).

The sale of TW's North American business was completed on 13 July 2011. The results of this business are, therefore, treated as discontinued operations in the financial statements.

Pete Redfern, Chief Executive, said:

"This has been a transformational six months for Taylor Wimpey, with the sale of our North American business and significant progress towards our double-digit operating margin target in the UK. We have a strengthened balance sheet, an increased financial capacity to invest in the UK and we are well positioned to deliver further improvement in margin and returns going forward.

"Although there is ongoing uncertainty in the wider economic environment, current conditions in the UK housing market remain stable. We expect this stability to continue for the remainder of 2011 and remain on course to deliver profits in line with the Board's expectations for the continuing Group."

Taylor Wimpey completed 4,707 homes in the UK in the first half (H1 2010: 4,804), as it continues to prioritise margin improvement ahead of volume growth

UK average selling prices remained flat at 168k (H1 2010: 168k)

RNS Number : 4609O

Taylor Wimpey PLC

19 September 2011

19 September 2011

Taylor Wimpey plc

Analyst Day

Taylor Wimpey will be hosting an afternoon of presentations for analysts and institutional investors in London today. The presentation materials will be published on our web site, www.taylorwimpeyplc.com, this afternoon.

The presentation will include a brief update on current trading in the UK, which remains stable and in line with the trends outlined at our half year results on 3 August. Net sales rates for the second half to date are above the relatively weak 2010 comparatives, with encouraging signs of the normal seasonal pick up in sales rates over the last few weeks. Pricing remains stable and we are firmly on course to deliver a double digit UK operating margin in 2012.

The focus of the day will be on providing more detail on the strategic direction that we have outlined in previous announcements. The presentations will cover our approach to managing the cycle, our capital structure, and the balance between margin and return on net operating assets. In addition, we will be providing more detail on our strategic land assets and ongoing operational and sales & marketing initiatives, along with an update on planning policy and our response.

No material new financial information will be provided during the presentations.

-ends-

Interim Management Statement.

Taylor Wimpey plc
Interim Management Statement

In line with the requirements of the UK Listing Authority's Disclosure and Transparency Rules the following statement constitutes Taylor Wimpey's Interim Management Statement, covering the period from 4 July 2011 to the date of this announcement.

The Group is performing in line with our expectations. We remain firmly on course to deliver our target of a double-digit operating margin in the UK in 2012, subject to continuing stable market conditions. We expect to deliver further margin improvement in the UK beyond 2012, particularly through the development of our extensive strategic land portfolio in combination with targeted short term land acquisitions.

Current trading

Housing market conditions in the UK have remained robust despite the ongoing uncertainty in the wider economy. Although mortgage availability remains restricted, we have seen an ongoing incremental improvement since the half year results.

The more normal seasonal trading pattern over the autumn is encouraging and we have achieved an average private net reservation rate of 0.55 sales per outlet per week for the second half to date (2010 equivalent period: 0.47). Cancellation rates remain at low levels and sales prices have been stable since the half year results.

Our focus continues to be on optimising planning consents and value-engineering sites prior to opening new outlets. We are currently operating from 307 outlets, compared to 283 this time last year.

Maximising the value achieved from each home completion remains a higher priority than volume growth and we have achieved further improvement in the margin on sales in our order book. We are now fully sold for our targeted 2011 completions and are building our order book for completions in the first quarter of 2012. The current order book for future completions is 6,265 homes (week 43, 2010: 5,496 homes).

RNS Number : 7473S

Workspace Group PLC

25 November 2011

pRESS rELEASE

WORKSPACE ADVANCES ITS REDEVELOPMENT PROGRAMME

WITH GBP55M SCHEME IN ISLINGTON

Workspace Group PLC, the leading provider of space to small and growing businesses in London, has entered into an agreement with Taylor Wimpey PLC to redevelop the Aberdeen Centre in Islington, N5. Workspace has obtained planning consent for the GBP55m redevelopment scheme which comprises a new 63,000 sq ft Business Centre and 72 apartments and houses replacing 53,000 sq ft of existing studio and light industrial space on this 1.9 acre site.

The construction work will be undertaken by Taylor Wimpey at no cost to Workspace, and is expected to be completed by early 2014. In return for the sale of the residential part of the scheme to Taylor Wimpey, Workspace will receive cash payments of GBP4.75m over the construction period, a new Business Centre and overage of 30% on private residential sales in excess of GBP33.1m (equating to a sales value of GBP750 per sq ft).

Workspace owns and manages 100 properties with some 5.5m sq ft of commercial space across London, a significant number of which have potential for mixed use redevelopment. This is the second of these projects to have been announced, the first having been signed in March 2011 with developer, Mount Anvil, for a GBP80m mixed use scheme in Wandsworth Town Centre. A number of similar projects are being actively progressed with mixed use planning consent already achieved at Bow Enterprise, E3 and Grand Union in North Kensington, W10, for a total of 700 residential apartments and 166,000 sq ft of new Business Centre space.

-ends-

21 Dec: TW. Panmure Gordon: Reiterates Buy - TP up from 47p to 50p