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.

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.

Interim management Statement

14 Nov: Panmure Gordon reiterates: Hold
TP up from 100p to 112p.

I think this has a long way to go ^.


"Taylor Wimpey confident of delivering on FY expectations

StockMarketWire.com

Taylor Wimpey said it is confident of delivering on its full-year expectations, and is demonstrating further improvement in the quality of returns, which remains the company's key focus.

"Whilst the UK housing market has seen a marked improvement during the second half of the year, we remain disciplined and continue to capture shareholder value in every aspect of the businesswhile remaining focused on the long term health of the business," it said.

CEO Pete Redfern said the UK housing market has remained healthy in the second half of the year, with better mortgage availability and consistent demand for Taylor Wimpey's homes, leading to an increase in sales rates against the same period last year.

"Help to Buy continues to prove popular and we are seeing our customers from Edinburgh to Exeter using the scheme to get onto or move up the housing ladder," Redfern said in a statement.

"In this improved environment, we remain focused on the longer term; increasing our investment in the training of the next generation of homebuilders and delivering on our commitments to local communities."

pension fund deficit is keeping the sp down.

15 Nov:

Deutsche reiterates: Buy - TP up from 140p to 151p.

Liberum Capital reiterates: Buy - TP unchanged: 127p.

UBS reiterates: Buy - TP unchanged: 120p.

20 Nov: Barclays (new coverage): Overweight - TP: 146.80p

any reason for the sudden drop this morning ???

See the BDEV thread. Answer is there.

thanks HC

That is a bit of a cough or a momentary spasm.

Price seems to have settled down.

The article referred to.





Bank of England has no veto on Help to Buy, says governor
Mark Carney
The governor of the Bank of England has warned it could assess Help to Buy at any time
Continue reading the main story
Related Stories

Bank's Help to Buy role questioned
Thousands use Help to Buy loans
Help to Buy costs being unveiled
The governor of the Bank of England, Mark Carney, has confirmed that the Bank does not have a veto over the government's Help to Buy scheme.

Earlier this year two government ministers suggested the Bank could decide to stop the scheme, should it wish to do so.

But in a letter to the chairman of the Treasury Committee, Mr Carney said the Bank's role is purely advisory.

He said it would be for the government to decide whether to end the scheme.

But he also warned that the Bank could make recommendations about it at any time.

"The Financial Policy Committee (FPC) is not constrained by the government's timetable for any such advice; it could make recommendations at any time," he wrote.

Help to Buy has already proved controversial, with some economists saying it has boosted house prices too quickly.

The second part of the scheme, under which the government guarantees mortgage repayments, began in October.

TW. Deutsche Bank Buy 107.40 107.40 151.00 - Reiterates

.

@ 106.09 sold short, technical play