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.

Rumour is 'thetownshouse' has been buying into this one.Worth watching imho!

watch out for argy2 he talks a lot of bollocks.........

Next stop ten bob?

Going well again ,,,,,your giving your age away skinny..

Well i'm happy with that..

FT Comment
Bovis has joined Berkeley and Bellway in a select club: UK housebuilders with net cash. That is a good position to be in at a time when the opportunities for buying builders key material land are reckoned to be the best in a generation. Bovis is hobbled compared with the other two by the fact that its cash flow-based banking covenants restrict its ability to spend big, but renegotiation of these will start in the next few months. There are cheaper picks for investors among the housebuilders now Taylor Wimpey and Barratt Developments are priced at less than half the value of their net assets but in normal times housebuilders will sit at twice net asset value. Bovis is still only at 1.02.

Hi jimmy and co...

Flogged mine yesterday but was only in for a short term trade.

No doubt will be coming back for more when through 50p resistance.

It seems to be hanging on pretty well today..

Through 51p now...Looks to have held .

Not long to wait for me jimmy, im back in.

Think those reported mortgage figures helped LOL.

Welcome back GF ,trading at half NAV ,,,if thats right could be a pound next year.

Or more hopefully jimmy.

I usally buy an amount and that's it for me ,but i bought more today ,even with a big step back in the FTSE i still like Taylor W ..Here's hoping.. :-)

Going ok jimmy 6% plus.

You couldn't get that return in a bank in 2 years right now :-)

Wer'e off again..........

Added some more on the fall back today.

These better than expected house sales in the US this afternoon Im sure are going to get a lot of press and media coverage tonight and tomorrow so hopefully TW will bounce upwards again.

TA is very positive on this one with an acsending triangle SP breakout.

Look at the length of the triangle aswell on increased volume as marked.

65p first hurdle if all's well with markets holding up in general.

Broker upgrade...

Taylor Wimpey UBS has raised its target price from 40.5p to 57p.

Yes i saw that today from ubs ,shame it had to go down on the close ,still can't go up like a rocket . I'm thinking positive news over the next few months will push this up ..

Here, here.