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.

From ZAK Mir Pro TAer from across the road.......

Zak Mir



Reged: 28/06/07
Posts: 1002
Re: Taylor Wimpey - LSE: TW
#452099 - 27/08/09 07:15 AM Edit Reply Quote



Above the May high of 48p the target for TW. is the top of 2009 rising price channel at 60p, so a little more than UBS.

New-Home Sales Surge in

July, Well Above Expectations
Published: Wednesday, 26 Aug 2009 | 10:06 AM ET Text Size By: AP



New U.S. home sales surged 9.6 percent in July, rising for the fourth straight month and beating expectations as the housing market marches steadily back from its historic downturn.

The Commerce Department says sales rose to a seasonally adjusted annual rate of 433,000 from an upwardly revised June rate of 395,000.

It was the strongest sales pace since September and exceeded the forecasts of economists surveyed by Thomson Reuters, who expected a pace of 390,000 units.

The last time sales rose so dramatically was in February 2005.


The median sales price of $210,100, however, was still down 11.5 percent from $237,300 a year earlier.
.......................................................
Still good news coming from the US .Looks like a down day for us. (Edit or not) ,bound to be some profit taking .

Bouncing back nicely after yesterday..Traded it a couple of times but still in with my long term holding..

I agree. Nice stock for both trading & investing.

Missed out going long today HARRY, i am a bit jittery about the markets ,however my long term holding is tucked away...

long TW. 48.5

building up nicely

dow futures pointing to a positive start, will give TW. the push to make a quick burst of a vertical move to 50p+ only for the really strong buying to kick in tomorrow IMHO

Buy TW. at all costs.

Why? Any particular reason (except that you want to short it from on high)? ;o)

How come we did nothing yesterday when the others were up
bdev 6.4%
bov 1.9%
psn 3.11%
rdw 4.24%

Yes this is the most recent thread..

Back up through 50p..

Back down through 50p :-)

It's been trying really hard to break through that 50p barrier; it'll get there...

Yup Toya hopefully i wont have to sit here posting up and down much longer ,i was becoming obsessed.. :-)

House prices climb back to 2008 levels
By Nicholas Paler | 10:41:42 | 10 September 2009

Use Citywire to pick funds, check share prices and monitor your investment portfolio.
House prices rose for the second month in a row in August according to lender Halifax, as the recovery in the battered property market continues.

The UK's longest running monthly survey of house prices revealed the average price had climbed by 0.8% last month, to 160,973, leaving homes costing slightly more than they did at the end of 2008.

While on a yearly basis they remain 10.1% lower, it represents a vast improvement from the low seen in April when they were down 17.7% annually.

Martin Ellis, Halifax's housing economist, said there had been a number of drivers of the recovery: 'Demand for housing has increased since the start of the year due to better affordability and low interest rates.

'This together with low levels of property available for sale, has boosted house prices over the last few months.'

The rise in price is the fourth one reported by Halifax this year, and part of the reason for the increase has been the improvement in affordability of mortgage payments.

Halifax said the typical mortgage payment for a new borrower was now down from a peak of 48% of average disposable earnings in the third quarter of 2007 to 29% in August.

The real test will come when interest rates rise, and the ongoing unemployment situation is not helpful, I still believe (maybe wrongly) that the housebuilders are painting too rosy a picture.
2517

George most stock prices got smashed and for good reason ,i still think this will be a lot higher in say one year ,negatives are the end of the stamp duty at 125000 at the year end i think then it goes back to 175000 also as you say general recovery ,people have to buy TW's houses ,however prices have stabilised and land values have stopped falling..

Jones Lang forecast 7% fall in property prices in 2010.