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.

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

I can't find the detail atm, but TW have reported on the 18th Jan for the last couple of years.

47p would do me nicely and I'd be out.,.

Same ,anything over 46 and i'd be pleased.

16 Jan: TW. Panmure Gordon: Reiterates Buy - TP maintained: 50.00p

17 January 2012

Taylor Wimpey plc

Trading Statement for the year ended 31 December 2011

Strategic focus on margin performance delivers increase in profits

Taylor Wimpey is issuing the following update on trading ahead of its full year results for the year ended 31 December 2011, which will be announced on 29 February 2012.

Overview

Trading conditions have remained robust since our Interim Management Statement on 7 November 2011 and we expect to report an increase of over 80% in Group operating profit for the second half of 2011 (H2 2010: GBP49.1m). We anticipate achieving our target of double-digit operating margins in the UK in the second half of 2011, ahead of schedule, with a full year margin ahead of that reported both in the first half of 2011 and in the 2010 full year (H1 2011: 9.3%, FY 2010: 6.4% excluding one-off pension curtailment credit of GBP12.0m).

Home completions increased by 2% to 10,180 (including our share of joint venture completions) from 9,962 in 2010, of which 20% were affordable housing completions (2010: 18%). Our average selling prices on private sales rose marginally to GBP185k from GBP184k, against a backdrop of broadly stable house prices in the wider market.

Following the successful sale of our North American business, we have finalised our strategy to optimise our UK residential development business. The key elements of this strategy are:

-- Prioritisation of both short and long term margin performance ahead of volume growth;
-- Development of our extensive strategic land portfolio in combination with targeted short term land acquisitions;

-- A comprehensive focus on improving returns from both our existing land portfolio and newly acquired sites through our value management process; and

-- Ongoing management of the Group's capital structure, operating structure and level of land investment to maximise performance across the housing market cycle.

Pete Redfern, Group Chief Executive, commented, "In 2011, we have taken the opportunity to focus on our strategy of driving value for shareholders through margin improvement and improving return on capital. It is pleasing to have reached our double digit operating margin target ahead of schedule and to be well-placed to deliver further improvement, providing that market conditions remain broadly stable."

UK market conditions

Market conditions in 2011 exceeded our expectations, with pricing stable and levels of both visitors and reservations above the prior year. We experienced a more normal autumn selling pattern and a stronger end to the year, particularly contrasted with the weak finish to 2010. Our net private reservation rate for the full year was 0.54 homes per outlet per week (2010: 0.51) with cancellation rates below the long term average at 15.8% (2010: 18.2%).

As previously reported, our sales focus in the final quarter was to maximise both the quality and scale of our order book. We ended the year with a total order book value of GBP835m (2010: GBP715m), an increase of 17%. The total number of homes within the order book is up by 15% to 5,379 homes (2010: 4,684 homes), and the margin in the order book is also ahead of both the equivalent point last year and the margin achieved on completions in 2011.

We support the Government's FirstBuy initiative and have completed 173 homes under the scheme during 2011. We remain sparing in our use of other shared equity incentives and welcome the development of the Government and housebuilder-backed mortgage indemnity guarantee scheme.

Our aim is to offer homes that are aspirational for our target customers and appropriately priced for each local market and to ensure that our processes deliver the high standards of quality and service that our customers rightly expect. It is therefore extremely pleasing to report that our externally measured customer satisfaction scores have increased to 92.1% (2010: 87.1%).

Land portfolio, planning and outlets

Our land portfolio is strong, containing approximately 65,000 owned or controlled plots with planning or resolution to grant planning at the year end (2010: 63,556), equivalent to 6.4 years of supply at current completion levels (2010: 6.4 years). In line with our strategy to actively manage our level of land investment we consider it appropriate to hold a longer land portfolio at this stage in the housing market cycle. We approved the purchase of 11,756 new plots on 106 new sites during 2011, consistent with our previous guidance, continuing to limit the use of deferred payment terms.

We increased our financial return criteria for land purchased during 2011, maintaining our consistent, disciplined approach to land acquisition in order to maximise the quality of our portfolio in a land market offering an increased number of attractive opportunities. In addition, we have achieved planning consents on circa 4,000 plots from our strategic land portfolio over the course of 2011.

We opened 128 new active selling sites in 2011 and entered 2012 with 314 outlets (December 2010: 301). Our primary goal with new outlets continues to be to optimise planning consents and value-engineer sites prior to opening and we continue to prioritise margin performance over volume growth. However, we anticipate that our stronger order book, recent land acquisitions and planning approvals on strategic sites will enable us to increase our outlet numbers during 2012 and deliver further growth in completions, subject to ongoing stable market conditions.

Spain Housing

Although market conditions remain challenging in Spain with the ongoing macro economic uncertainty, we have completed 109 homes (2010: 136) at an average selling price of GBP238k (2010: GBP214k). The Spanish housing business generated cash and made a marginal profit during 2011.

Group financial position

We expect to report an increase in Group operating profit of over 80% for the second half of 2011 (H2 2010: GBP49.1m), resulting in an increase in full year Group operating profit in excess of 75% (2010: GBP88.3m excluding one-off pension curtailment credit of GBP12.0m).

As previously disclosed, profit from discontinued operations for the full year will be GBP43.1m. We expect to report exceptional items totalling circa GBP10m in 2011, relating to the Senior Note tender offer and the ongoing Enhanced Transfer Value exercise for the defined benefit pension schemes.

Net debt at 31 December 2011 was below our previous guidance at approximately GBP120m (2010: GBP654.5m). We expect the level of net debt to be higher at the half year due to normal seasonal working capital trends and the timing of land payments.

Outlook

Whilst it remains too early to judge the market for the year, the first two weeks of trading in 2012 have followed the encouraging patterns of the second half of 2011, with good visitor levels, healthy reservations and low cancellations. We believe that our ever improving portfolio of sales outlets is well positioned in our local markets with aspirational products and achievable prices for our target customers.

Our priorities remain value creation and margin improvement ahead of volume growth and we have achieved further improvement in the margin on sales in our order book. Having delivered double digit operating margins in the UK in the second half of 2011, ahead of our target, we continue to expect to deliver further steady improvement providing that current stable market conditions continue.

Given the balance between a stable UK housing market and widespread economic uncertainty, we continue to maintain a positive but cautious view of the short term trading environment. In addition to creating value in an improving market, our value-focused strategy, high quality land portfolio, increased order book and strong balance sheet all give us a strong defensive position should conditions weaken during 2012.

-ends-

TS reads fairly well - here's hoping for a dividend announcement with the Full Year update.

on the up, 2 more p and I'm breakeven.,.

Good news ,been hanging on to this for ages ,we might even get a profit Balerboy !!

lookin that way jimmy, all positive news hope it continues.,.

10 month high today.

Gettin soooo close now.,.

Yes come on you dog ,its inching up every day.