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.

So 50% hold. Hedging bets. Makes sense to me.
Trouble is, I no longer hold.

StockMarketWire.com
Citigroup cuts Taylor Wimpey to neutral from buy, target 73p from 67p

Harry - I stick to my post above.

I think you are correct skinny. If & when the market pulls back, then might be time to dip back in again. Depends on whether trading or investing though.

At the heights that the builders have reached recently, it would have to be trading.

At the moment I am cursing my latest trade.

But patience may pay.

Results for the year ended 31 December 2012

Highlights

· Progress against each of our key financial objectives:
• UK operating profit margin* increased to 11.5% (2011: 9.0%**)
• Group return on net operating assets*** increased to 13.6% (2011: 9.8%)
• Tangible net asset value per share† 61.5p (2011: 57.3p)

· 44% increase in Group operating profit* to £230.1 million (2011: £159.5 million)
· 124% increase in adjusted basic earnings per share to 4.7p (2011: 2.1p)
· Significant improvement in UK operational performance:
• 44% increase in operating profit* to £228.8 million (2011: £159.3 million)
• Completed 10,886 homes at an average selling price of £181k (2011: 10,180 homes at £171k)
• Extensive strategic landbank of 100,340 plots (2011: 86,236)
• Total order book value increased by 14% to £948 million at 31 December 2012 (2011: £835 million)
• Customer satisfaction increased to 93.2% (2011: 92.1%)
• Reduction in waste generated per 1,000ft2 built to 3.36 tonnes (2011: 3.44 tonnes)
• Contributed over £175 million to our local communities via Section 106 and Section 75 planning obligations (2011: £161 million)
• Continue to compare favourably with the construction industry with an Annual Injury Incidence Rate (AIIR) of 389 versus the 2011/12 'Construction Sector Rate' of 589
· Reduction in net debt to £59.0 million (31 December 2011: £116.9 million) with further improved debt efficiencies
· Agreed in principle to merge the two pension schemes as part of ongoing pension exposure management using £100 million Pension Funding Partnership backed by market value show homes
· Dividend policy remains unchanged - final dividend of 0.43p proposed (2011 final: 0.38p)

serves me right not to have followed these for a while ..... i think they've nearly doubled since i last held and these look to be cracking results

Notice of Results

Taylor Wimpey advises that it will issue its Interim Management Statement on 25 April 2013 to coincide with its Annual General Meeting.

The Company will issue its Trading Update for the half year ended 30 June 2013 on Thursday 4 July 2013.

Half Year Results will be announced on Wednesday 31 July 2013.

Still going well.

JP Morgan Cazenove Overweight 89.30 88.25 81.00 103.00 Upgrades

I bailed out at 50p having held for 2 years ,was happy to get my money back ,would have to double since !!

HSBC Overweight 86.00 86.00 82.00 115.00 Retains

Interim Management Statement

Strong start to 2013

Taylor Wimpey plc is holding its Annual General Meeting at 11:00 today in London, where the following comments will be made regarding current trading, financial performance and the outlook for the financial year, which covers the period from 1 January 2013 to today.

Deutsche Bank Buy 0.00 109.20 109.20 Reiterates

Citigroup Sell 0.00 78.00 87.00 Reiterates

Jefferies International Buy 99.23 85.00 111.00 Retains

Half year results due on 31st July.

Deutsche Bank Buy 97.98 109.20 - Reiterates

Bank of America Merrill Lynch Buy 97.98 75.00 115.00 Upgrades

StockMarketWire.com
Bank of America Merrill Lynch has downgraded its recommendation on Barratt Developments (LON:BDEV) and Bovis (LON:BVS) to "neutral" from "buy" in a UK House Builders research note today, to reflect the recent stock price performance. The City broker has increased its price target on Barratt to 325 pence per share (from 265 pence) and on Bovis to 800 pence per share (from 695 pence). Meanwhile, Taylor Wimpey (LON:TW.) has been upgraded to "buy" from "neutral" with a new price target of 115 pence a share (previously 75 pence). Merrill believes that a combination of an emergence of house price inflation, the "Help to Buy" scheme and an easing of mortgage supply constraints leaves the sector well set for a period of long-term outperformance. The broker highlights Taylor Wimpey, Berkeley Group and Redrow as its top picks in the sector.

Easy 30% here in next 6-12 months imo bwtfdik I'm just a sheepshagger :-)