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.

ON FIRE THIS MORNING.

Hmmm.

TW. TAYLOR WIMPEY

Moving up nicely today.

Brokers with BUY ratings...

Taylor Wimpey Broker Views
Date Broker Recommendation Price Old target price New target price Notes

19 Sep Deutsche Bank Buy 56.25 66.80 66.80 Retains
13 Sep Credit Suisse Outperform 56.25 58.00 67.00 Reiterates
11 Sep Jefferies International Buy 56.25 - 72.00 Initiates/Starts

Just out new Broker Note and
its a biggy .........

05 Oct Taylor Wimpey PLC TW. Deutsche Bank Buy 56.53 55.50 66.80 - Retains

66.80p SP Target.

StockMarketWire.com
Panmure Gordon has downgraded its recommendations on house builders Barratt Developments (LON:BDEV) and Taylor Wimpey (LON:TW.) to "hold" from "buy" following the share price outperformance seen over the past 18 months. The City broker has left its share price target on Barrett Developments and Taylor Wimpey unchanged at 190 pence and 58 pence respectively. Analyst Rachael Applegate said: The house building sector has had a phenomenal run since the start of the year and the basket of stocks is now trading at a premium to valuation. Whilst the market remains generally stable it is important to note that we see no immediate uptick in demand or house price inflation. At present, housebuilders' landbanks are generally continuing to improve, although most still have a balance between some old low-margin land and newer full margin or value-added land within their portfolios. Therefore, we see current ratings as logical in the main, and believe that the sector will pause for breath. Our recommendations have enjoyed excellent outperformance over the past 18 months but in the short term we are moderating our recommendations on Barratt Developments and Taylor Wimpey from buy to hold.

Interim Management Statement

Taylor Wimpey plc advises that it will issue its Trading Statement for the year ended 31 December 2012 on Monday 14 January 2013.

Full Year Results for the year ended 31 December 2012 will be announced on Friday 1 March 2013.

Sustained chart breakout.

Brokers like it and on side.....


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

17 Dec Taylor Wimpey PLC Credit Suisse Outperform 64.95 67.00 75.00 Reiterates
13 Dec Taylor Wimpey PLC Deutsche Bank Buy 64.95 66.80 66.80 Retains
10 Dec Taylor Wimpey PLC Panmure Gordon Hold 64.95 - - Reiterates
04 Dec Taylor Wimpey PLC Deutsche Bank Buy 64.95 66.80 66.80 Retains
30 Nov Taylor Wimpey PLC UBS Neutral 64.95 52.00 72.00 Retains
29 Nov Taylor Wimpey PLC HSBC Overweight 64.95 57.00 82.00 Retains
12 Nov Taylor Wimpey PLC Jefferies International Buy 64.95 72.00 72.00 Retains

Yep, is looking good. Where's Baler, the sailor?

Schroders 10 -> 11%

waiting for it to come back to 56p........lol

TW.(68.5p - New 12 month closing high. )

Taylor Wimpey secures prized London development.

Thu 03 Jan 2013

LONDON (SHARECAST) - A London development, once occupied by the Courts and Tribunal Service, will be knocked down to make way for 76 new residential apartments worth 70m pounds.

Housebuilder TAYLOR WIMPEY has exchanged contracts to acquire St Dunstan’s House, a seventies office block in Fetter Lane near Square Mile, for £30m, sources told the London Evening Standard newspaper.

The site was auctioned for £10m more than the asking price of £20m as 20 bidders rivalled for the property, it said.

The offices will be torn down for the development of 52 one-bedroom flats worth £800,000 each and 24 two-bedroom apartments worth £1.3m each.

The development will feature a concierge entrance hall and private gym. The scheme has been designed by David Walker Architects in collaboration with Jones Lang LaSalle.

“This is an outstanding prime Central London residential development site ideally suited to cater for both the long established West End market as well as the City of London and we were delighted to be involved in its disposal," Will Grant, Director at Jones Lang LaSalle, said in a statement.

"The site is in close proximity to Fleet Street, Strand and Covent Garden with all its leisure and cultural offerings. As you would expect for a site of this nature, bidding was extremely competitive and it attracted interest from many of the Capital’s leading developers."

Residential apartments are a rare development for Square Mile, which is predominately occupied by offices.

Adam Pappini, Drivers Jonas Deloitte, said: “Midtown has become an increasingly popular office location due to its position between the City and West End, and as a result demand for top end living space has grown."

.

hmmmm, kicks one self for selling early.,.

Ditto!

HeHeee.

But may dump a few. Have a guess that 70 will be a temporary target for while. PEs are high.

Moving ahead strongly - TS on the 14th.

Sugar...sold the little bleeders late friday. Wanted to close some positions down.

Kick myself in the ass.

As a few of us have sold these on here, lets automate the process.