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.

Numis Hold 107.95 - 114.00 Reiterates

Deutsche Bank Buy 0.00 106.50 113.00 115.70 Reiterates

Liberum Capital Hold 0.00 106.50 108.00 113.00 Reiterates

Successful completion of refinancing

Taylor Wimpey is pleased to announce that it has completed the refinancing of its revolving credit facility, due to mature in November 2014, with a new revolving credit facility for £550 million to mature in August 2018.

I didn't realise until now that TW are paying a divi, due Wed 21st Aug (0.22p)

BlackRock > 5%

sp sub 100p heading south dearth of news except housing bubble prattle.

Buying op for me .

.

JP Morgan Cazenove Overweight 0.00 97.00 120.00 120.00 Reiterates

Been good for trading this one over the last few months.

StockMarketWire.com
Taylor Wimpey has completed the merger of its legacy pension schemes, the George Wimpey Staff Pension Scheme (GWSPS) and the Taylor Woodrow Group Pension & Life Assurance Fund (TWGP&LAF), to create a new scheme called the Taylor Wimpey Pension Scheme (TWPS).

Taylor Wimpey has also implemented a pension funding partnership, which is structured to deliver to the TWPS a 15-year income stream together with final conditional payments of up to £100 million.

As a result of the implementation of the pension funding partnership, Taylor Wimpey's pension deficit on a funding basis will reduce.

As part of an upbeat review of the UK housing market, Goldman Sachs has added Taylor Wimpey to its 'conviction buy' list and upgraded its ratings for Bovis Homes and Barratt Developments from 'neutral' to 'buy'.

"Partly stimulated by the Help To Buy shared equity scheme, lead indicators such as UK mortgage approvals and RICS survey data strongly indicate a rebound in activity. Moreover, forward sales for UK housebuilders are currently tracking up around 50%, further supporting our view of a meaningful transactions recovery from 2014 onwards from depressed levels," the US bank said.

Bank of America Merrill Lynch Buy 103.80 103.80 120.00 120.00 Retains

Deutsche Bank Buy 103.80 103.80 115.70 115.70 Reiterates

TW. was with the highest % gain yesterday with 4.20%

Who is at TOP today? .... PSN with 5.54%, but TW. is not far away +4.91%

BDEV Barratt Deve... 330.00 +10.00 +3.125%

BVS Bovis Homes ... 749.50 +32.50 +4.53%

BWY Bellway 1,339.25 +19.25 +1.46%

BWYA Bellway 103.75 +1.25 +1.22%

CRST Crest Nichol... 348.00 +4.50 +1.31%

PSN Persimmon 1,193.64 +62.64 +5.54%

RDW Redrow 242.34 +5.28 +2.24%

TW. Taylor Wimpey 108.90 +4.90 +4.91%

Deutsche Bank Buy 107.10 107.10 115.70 140.00 Reiterates

How Builders are performing during the last month

Builders
Being Friday it seems they are loosing ground after the higher opening

lets see short term how it goes on the charting front

Liberum Capital Buy 109.35 109.10 113.00 127.00 Reiterates

31 Oct: Deutsche reiterates: Buy - TP held at 140p.