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.

,

knocking on 50p door......do i sell do i hold......hhhmmmmmmm

BB I'm wanting 53 lol come on you T A and chartist is 50 a resistance point

Baler, have sold between 50 and 52 in the
past and never regretted it, as 53 seems to be or
has been a major hurdle.
Will this time be different?
According to Sir John Templeton, one of the all-time
great investing gurus,
'This time is different' are among the most costly
four words in marketing history.

A bird in the hand...eh!

Thanks midnight, think if we hit 50ish will be happy, not much profit but can use funds else where......gkp or afr or xel I think.
Panic......not sure gl

If it stays above 50 p barrier for a few days should do well.

Hold a good chunk of them, but sold my SBs at 49, but hope to re-buy at 51+p.

Good luck.

thanks Baler might have to take at 52 like MK thinks, been in and out of afr and heading back a s a p

I'm out at a tad over 50p ,happy with that ,,like you Baler i have better places for the cash ,i'm happy that i finally got a decent profit here ,,,,,good luck to those still in .

Good news Bb! Chartist in Shares Mag has a 126p price target! Will post article after walking the dog.

Bl**** hell glad I was out yesterday then, might have been tempted to sell with the others. See the same for barrett, jimmy bettter get back in.,.

From Simon Griffin:
"House builer Taylor Wimpey’s (TW.) surge above its spring 2010 and 2011 highs close to 44p suggests further strength is in store. I now anticipate the counter to recapture a significant amount of the ground lost since 2007 and my 126p target price implies 168% upside. The recovery of Taylor Wimpey from its October 2010 low of 22.3p has traced out a symmetrical triangle pattern. This feature implies further strength to 62p, supplanting all the peaks seen since summer 2008. but I look further back to the counter’s peak struck at the top of the last bull market to derive my target price.
From a retracement perspective a fully-fledged recovery would not achieve proportionality until 126p, site of the 26.3% retracement of the fall from april 2007’s 518.5p high to the spike low of 4.5p hit in november 2011. That would take the house builder just above its 2000 low and within touching distance of 138p, a level that was for five years to mid-2002 a major congestive support feature. The breach of a shallow bear resistance line in play since 2008 adds to my bull case. This bear line connects the 53p peak struck in august 2009 with a corrective high at 55p achieved in september 2008. This feature was tested by last april’s rise to 43p and the upmoves seen in november and December. It finally gave way at 40p in mid January."

Balerboy - 50.75 (hit today) is the 12 month high!

Skinny, I am going to take a chance on these and barratt for abit longer. I think building could be good for a little while yet.,.

Baler: Or you could make hay while the sun shines.
Not an easy call, I agree. All depends on how many you hold.

lol midknight......not quite dry enough yet.

Baler; this may be a pointer to TW results on Wednesday and sp:

http://www.guardian.co.uk/business/marketforceslive/2012/feb/27/bovis-down-despite-profit-rise

Schroders reduce. 15%-14%

Panmure reiterate Buy but TP only 50p.

27 Feb: TW. Panmure Gordon Buy TP 50.00p

Recent SP history and resistance point a good indicator, I think.

50p+ again today.,.

Could be the PSN effect.