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Pin to quick picksTaylor Wimpey Share News (TW.)

Share Price Information for Taylor Wimpey (TW.)

London Stock Exchange
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Share Price: 133.30
Bid: 133.35
Ask: 133.45
Change: 2.75 (2.11%)
Spread: 0.10 (0.075%)
Open: 131.90
High: 133.45
Low: 131.40
Prev. Close: 130.55
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Thursday tips round-up: Rightmove, Legal &General, Taylor Wimpey

Thu, 04th Aug 2011 06:49

The phenomenon that is Rightmove chalked up another rock-solid performance in the six months to June. The online property advertising platform seems unstoppable. The shares are a strong hold, even on a gloomy view of the economy and the housing market. Investors of a more sunny disposition should buy, says the Times. Legal & General's strategy of focusing on cash generation seems to be paying off nicely. The life insurer beat City expectations by generating £427m of net cash in the six months to June, up from £337 million and £302m in the previous two halves. The full-year dividend seems likely to be close to 6p, putting the shares at 104.5p on a prospective yield of 5.7 per cent, with more hikes in prospect next year. Trading at a 25 per cent discount to embedded value, they look cheap, even in these jittery times. Buy, says the Times.The Independent's take is that, trading at a 21% discount to L&G's embedded value (the value of all in force businesses) with a prospective yield of nearly 5 per cent, which will rise, the shares offer huge value. L&G also has none of the European exposure of Aviva, or Prudential's governance issues. In fact, we can hardly think of a good reason not to add to our holdings. Buy, the newspaper says.The many investors who bought into Taylor Wimpey in the rescue capital-raising of May 2009 have done OK thus far. The shares have gone up by a third from the 25p placing price after the debt-burdened housebuilder was stabilised successfully. Chief executive Pete Redfern is making progress in the core British business, lifting the operating margin from 6.1% to 9.3% and confident of hitting double figures next year. He has also achieved build cost savings of 10 per cent and reports improved customer satisfaction. With mortgage availability so constrained, progress may be slow, but shareholders should hold on, says the Times.Ukrainian iron ore producer Ferrexpo said earnings before interest, tax depreciation and amortisation had soared by a stellar 86% to $401m, as revenues rose by more than 60% to $855m. The stock market, it seems, was not anticipating the strong results, leading to a fall of more than 10 per cent over the 10 preceding days, a movement which presents a buying opportunity, in the Independent's view. Location, location, location has always been the cliché when it comes to property, and for Capital & Counties it has turned out to be true. Looking ahead, it seems likely that the group's re-development plans for Earls Court will be the focus for the stock in the near-future, after the planning application was submitted in June. This would definitely provide some upside. That said, the stock is up more than 20 per cent since the start of this year, meaning that a negative result on the application could trigger profit taking. We would therefore wait before buying. Hold, says the Independent.Compass, the world's largest food service company, has proved very resilient through the downturn. However, there has been weakness in the share price recently because of the gloomy market backdrop and as the group faces strong comparisons in the future. The shares currently trade on 14.4 times 2011 forecast falling to 13 next year. The yield is 3.5%. As a defensive play in turbulent times, The Telegraph says buy.Please note: Digital Look provides a round-up of news, tips and information that is impacting share prices and the market. Digital Look cannot take any responsibility for information provided by third parties. This is for your general information only as not intended to be relied upon by users in making an investment decision or any other decision. Please obtain a copy of the relevant publication and carry out your own research before considering acting on any of this information.---RG
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26 Feb 2024 07:47

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21 Feb 2024 15:14

UK earnings, trading statements calendar - next 7 days

Thursday 22 February 
Anglo American PLCFull Year Results
Genus PLCHalf Year Results
Hargreaves Lansdown PLCHalf Year Results
Hays PLCHalf Year Results
Hikma Pharmaceuticals PLCFull Year Results
Indivior PLCFull Year Results
Jupiter Fund Management PLCFull Year Results
Lloyds Banking Group PLCFull Year Results
ME Group International PLCFull Year Results
Mondi PLCFull Year Results
Morgan Sindall Group PLCFull Year Results
Pantheon International PLCHalf Year Results
Rolls-Royce Holdings PLCFull Year Results
WPP PLCFull Year Results
Friday 23 February 
City of London Investment Group PLCHalf Year Results
Irish Residential Properties REIT PLCFull Year Results
Standard Chartered PLCFull Year Results
Monday 26 February 
Base Resources LtdHalf Year Results
Bunzl PLCFull Year Results
EnSilica PLCHalf Year Results
Kosmos Energy LtdFull Year Results
Made Tech Group PLCHalf Year Results
Tristel PLCHalf Year Results
Tuesday 27 February 
abrdn Equity Income Trust PLCFull Year Results
abrdn PLCFull Year Results
Croda International PLCFull Year Results
Kitwave Group PLCFull Year Results
McBride PLCHalf Year Results
PCI-PAL PLCHalf Year Results
Smith & Nephew PLCFull Year Results
Synectics PLCFull Year Results
Uniphar PLCFull Year Results
Unite Group PLCFull Year Results
Wednesday 28 February 
AB Dynamics PLCTrading Statement
ASA International Group PLCTrading Statement
Aston Martin Lagonda Global Holdings PLCFull Year Results
Avingtrans PLCHalf Year Results
Bluefield Solar Income Fund LtdHalf Year Results
Derwent London PLCFull Year Results
Glenveagh Properties PLCFull Year Results
Grit Real Estate Income Group LtdHalf Year Results
Hutchmed China LtdFull Year Results
International Personal Finance PLCFull Year Results
Just Eat Takeaway.com NVFull Year Results
Primary Health Properties PLCFull Year Results
Reckitt Benckiser Group PLCFull Year Results
Renewables Infrastructure Group LtdFull Year Results
RHI Magnesita NVFull Year Results
St James's Place PLCFull Year Results
Taylor Wimpey PLCFull Year Results
  
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A full 21-day events calendar is provided each day with a subscription to Alliance News UK Professional.
  
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(Sharecast News) - London markets ended the day on a positive note on Wednesday as housebuilders rallied, following data indicating that UK inflation remained steady in January.

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London close: Stocks fall as US inflation tops expectations

(Sharecast News) - London markets ended the trading day in negative territory on Tuesday, influenced by concerns over higher inflation figures from the United States and a deceleration in wage growth within the UK.

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13 Feb 2024 16:21

London close: Stocks fall as US inflation tops expectations

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13 Feb 2024 12:06

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9 Feb 2024 11:44

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(Alliance News) - The FTSE 100 underperformed on Wednesday, although equities in New York pushed higher despite lingering US interest rate worries.

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