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.

1st day of bounce back from 42.75p to 43.80p
looking like an intraday double bottom

27 July - Upgrade from Panmure Gordon: Buy - TP 53p.

So. what's new! Often gets to 53p and falls back.

Baler, please note. Take profits this time before the boat leaves.

aye aye cap'n

Half Yearly Results

Ongoing implementation of strategy delivers 50% increase in operating profit

Highlights


· Group operating margina increased to 11.1% (H1 2011: 8.2%)

· Group Return on Net Operating Assetsb increased to 11.6% (H1 2011: 7.2%)

· Tangible net asset value per sharec 58.0p (3 July 2011: 57.0p)

· Group operating profita increased by 50% to £100.9 million

· Group pre-exceptional profit before tax increased by 171% to £78.2 million

· Further significant improvement in UK operational performance:

o UK operating margin increased to 11.4% (H1 2011: 8.4%)

o Growth in completions to 5,083 (H1 2011: 4,707)

o Increased average selling price of £176k (H1 2011: £168k)

o 18% increase in the value of the private order book to £688 million

o 6,890 new plots approved for purchase (H1 2011: 5,289)

o Planning consents achieved on 1,565 plots from our strategic land portfolio

o Customer satisfaction increased to 91.8% (H1 2011: 89.5%)

o H1 Injury Incidence Rate of 259 per 100,000 employees and contractors (H1 2011: 231, FY 2011: 378)

· Interim dividend of 0.19 pence per share declared (H1 2011: nil)

· Repurchased a further £5.6 million of 10.375% Senior Notes due 2015

on it's way again 48.8p so far, BDEV also on the move.,.

BB, I think this time it could happen, though
I am using the conditional 'could' and not the
indicative 'will' but am becoming optimistic, like a sailor
I know!
The boat might possible stay in the harbour a bit longer
and linger this time.
Howzzat?

sounds more like a politian than an investor to me ;)

Touching 50p again, go on break through the magic 53....... wheres midnight .,.

I'm here. Limit sell at 52.95 in place.
Don't wish to tempt fate. Slow and steady
is good enough for me.

.

BB: Housebuilders on the march. it seems
after PSN 'Buy' reiterated by Panmure.
TW getting to my sell price, I think.

3 year+ high (52.40) today - ex dividend tomorrow.

0.19p divi plus there are a great number of other companies going ex-divi tomorrow.
Would expect a big correction in the sp.
I can't see exactly from the chart but sp went down from approx 38p to 29p after the divi last time. (No divi '08, '09, '10).

Harry you don't usually exagerate, it'll drop back to 44p where i started.,.

not sure if it was right, but set limit sell at 53p yesterday as i was away from comp. which triggered so made good profit.,.

Through the 53p barrier midnight, looks like I sold bdev and Tw too early.,.

Broker target 66.8p

Date Company Name Broker Rec. Price Old target price New target price Notes

05 Sep Taylor Wimpey PLC Deutsche Bank Buy 56.70 66.80 66.80 Retains

Tipped today by Investors Inteligence.

Their chart of the day.

Usualy a short term tip SP.......

UK Chart of the Day: 7 September 2012

Chart of the day: Taylor renewing the long-term price uptrend...
The housebuilding sector appears to be making a strong comeback.

Taylor Wimpey, which traded as low as 6.4p during the financial crisis, currently changes hands at 56p. More interestingly, it is developing a bullish chart.



(1) Prices broke the key resistance at 52.5p yesterday and closed at new 52-week highs. This renewed the long-term price uptrend decisively. (2) Taylor's relative strength is making new highs (3) The stock is trading above the long-term mean.

Taken together, I suspect the stock has the potential to rally to 60p. Stay overweight; stop at 50p.

Edited wrong thread.

11 September 2012
StockMarketWire.com

JEFFERIES INTERNATIONAL initiates "BUY" on TAYLOR WIMPEY , target price 72p