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.

Over done?

I've just had a dabble @107.70.

On edit :- its probably an irrational trade as the indicators look dire!

Good buy in my eyes skinny i was in at 114 so down for me but not bothered ,not happy with my entry on BOK though jumped the gun a bit there . Looking for other bargains myself now.

Well, Skinny, it goes xd tomorrow, so you'll get that.
All housebuilders in the same boat today.

Intraday chart looks promising as I can see an ..........

INVERTED HEAD & SHOULDERS

Deutsche Bank Buy 109.30 109.30 158.00 158.00 Reiterates

A nice GAP up at the start of the day and further going rise since to 111.35p

considering it has gone X- dividend today

Wednesday 9th - Taylor Wimpey PLC [TW.] (0.47 p)

that is a rise of 2.90p

she went over 113p at one time, some profit taking since

btw the 0.47p divident to be paid on the 21st of May

And then theres me still holding this one short... I just don't see the attraction right now..

Holders can also look forward to:

Special divi of 1.54p - xd 4 June - payday 3 July

Do I see a desesperado STAKER around?

not everyone has the right timing I would say, and now is talking nonsense

supper day up to 114p at one time

I can think of a number of stocks or even sectors which would make much better shorting targets

cynic

It seems the last comment from you supporting the - shorter - does not merit more talk about.

Has been talking from his backside for a few days now, mainly see post 735
its all about IMG and now comes with TW., enought said.
--------------
another 1.50p up for the day after reaching 116p at one time

Yesterday BDEV climbed to the top of the leaderboard
following Deutsche Bank naming it as a top pick.
TW. price rise/fall tends to mimic BDEV - yesterday and today as well.

Interim Management Statement

Strong first quarter

Taylor Wimpey plc is holding its Annual General Meeting (AGM) 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 2014 to today.

Pete Redfern, Chief Executive, commented:

"The UK housing market remains buoyant and our customers continue to benefit from a more accessible and affordable mortgage market. In this improving market, we continue our investment in delivering high-quality homes and creating communities in places where people want to live. We have made a particularly strong start to the year, working successfully with local communities and authorities to convert c.4,800 plots from our strategic pipeline.

With our strategy set, and our disciplined processes embedded, we remain confident of delivering further improvement in all our key financial objectives and maximising shareholder returns across the cycle."

UK current trading

The positive momentum in the UK housing market has continued since our results in February and we have had a strong first quarter, with continuing improvement across all regions. This market has been driven by better access to mortgages at more affordable rates, which has improved with increased competition between mortgage providers. This, together with the extension of Help to Buy, has given more customers both the confidence and the ability to step onto or move up the housing ladder.

We have experienced a more traditional seasonal pattern, with a strong spring selling season, where we have achieved an average private net reservation rate of 0.75 sales per outlet per week for the year to date (2013 equivalent period: 0.66). We anticipate average sales rates for the year as a whole to be slightly ahead of 2013. Cancellation rates are historically low at 10.0% (2013 equivalent period: 13.7%). During the period we worked with over 1,600 customers to secure a home using Help to Buy.

We have increased our total order book volume by 13% to 8,139 homes from the equivalent point last year (2013 week 15: 7,190 homes), excluding legal completions to date, and by 23% from the year end. We have also increased the total order book value by 33% to approximately £1.6 billion from the equivalent point last year (2013 week 15: approximately £1.2 billion) and by 33% from the year end. Average selling prices of homes in the total private order book have increased by c.22% from the equivalent point last year to approximately £248.9k (week 15 2013: £204.8k). Both the margin and average selling price of homes in the order book have also increased from the end of 2013.

Land portfolio, planning and outlets

Whilst land prices have started to rise in absolute terms, and in line with the general housing market increase, we are still able to acquire land at margins above historic norms and we have therefore remained a net buyer of land during the period. At the end of March, our short term landbank stood at c.73,000 plots, following the conversion of c.4,800 plots from our strategic pipeline. This strategic land pipeline of c.110,000 potential plots, combined with the strength and quality of the short term landbank, allows us to be highly selective, driven by opportunity, not necessity, and crucially to retain our discipline in a more competitive environment.

Inevitably the better market has resulted in ongoing pressure on build costs and labour, particularly in some geographic areas, however this continues to be held at a manageable level.

We are currently operating from 303 outlets, compared to 313 at this time last year (excluding joint ventures).

Group financial position and dividends

Net debt remains low at £130 million as at 31 March 2014 (31 March 2013: £195 million).

We will be paying 0.47 pence per share (2012: 0.43 pence per share) as a final maintenance dividend giving a total for 2013 of 0.69 pence per share (2012: 0.62 pence per share), subject to shareholder approval at today's AGM.

As we previously announced, we will also be paying a special cash dividend on 3 July 2014 of 1.54 pence per share.

Board changes

As announced on 26 February 2014, following the conclusion of the AGM today, after nine years dedicated service and in line with corporate governance best practice, Tony Reading MBE will stand down from the Taylor Wimpey plc Board as a Non Executive Director.

Outlook

We remain confident that our disciplined strategy will deliver at least 200 to 300 basis points of operating margin improvement in 2014, and further improvement in 2015 and beyond. As we look longer term, we remain focused on delivering quality in every sense by growing the business in the right way to a sustainable level, focusing in each of our regional markets on the locations and products that our customers value and maximising shareholder returns through the cycle.

-Ends-

You would think this barsteward would go up but housebuilders not the flavour of the month.

My sympathies are with you.

They are irritating.

Maybe there is an expectancy of the bubble depressing the house build and uncertainty over Ukraine!

Don't know, but I am holding.

PS. I agree with the below!

:-)
=======

Date Broker name New Price Old price target New price target Broker change
23-Apr-14 Deutsche Buy 109.10p 158.00p 158.00p Reiteration
11-Apr-14 Jefferies Buy 110.90p 151.00p 151.00p Reiteration
04-Apr-14 Deutsche Buy 118.00p 158.00p 158.00p Reiteration
27-Mar-14 Deutsche Buy 115.30p 158.00p 158.00p Reiteration
17-Mar-14 Deutsche Buy 118.20p 158.00p 158.00p Reiteration
12-Mar-14 Goldman Sachs Strong buy 117.10p 166.00p 166.00p Reiteration

Does anybody have information regarding market's ambivalence to this share?

Annoying isn't it!

Yes!!!!!


Looking at the chart there is a nice channel and one would expect a rebound.

The MACD RSI (other than short average) and Stochastic suggest time for a rise.

The volumes are small but again suggest up.

The fundamental projections are reasonable and would support SP of 130 +


This year yield ain't worth much but 2015 promised very acceptable.

Perhaps I am to greedy!

Yes it is annoying BDEV 's the same ,you would think house builders would be strong at the moment.