Jump to content
House Price Crash Forum
Sign in to follow this  
Joey Buttafueco Jr

Taylor Wimpey Numbers

Recommended Posts

great news, they are losing less this year.

Edited by Bloo Loo

Share this post


Link to post
Share on other sites

True, but losing less is still better than losing more! :)

They're probably a good long term bet on the stockmarket.

Edited by OzzMosiz

Share this post


Link to post
Share on other sites

The results of Daejan Holdings were out yesterday and also made interesting reading. Begining to think that property developer shares are a decent long term punt too.

Share this post


Link to post
Share on other sites

Sky has different headline:

Housebuilder Taylor Wimpey Posts £68.9m Loss

Britain's largest housebuilder has posted a pre-tax loss of £68.9m, but is still optimistic that stability is returning to the housing market. :rolleyes:

What it means in reality : We are fekked please come and buy our expensive hutches :lol:

http://news.sky.com/skynews/Home/Business/...Housing_Market_

Share this post


Link to post
Share on other sites

http://www.taylorwimpey.com/main/cms/inclu...ile.asp?fi=4278

Just reading it

edit: table titled UK housing page 2

"Revenue of £744.4 million (H1 2008: £1,159.6 million) reflects the decrease in both

the number of completions and the average selling price in comparison to the prior

period. An operating loss* of £7.3 million (H1 2008 profit: £63.4 million) reflects the

lower average selling price and our ongoing focus on cash generation in the

challenging market conditions of the last 18 months."

"As announced at our full year results in April, our target is to reduce average build

costs, with savings expected to flow through fully to the income statement by the end

of 2010. As part of this process we are currently building prototypes of our new

house type range, which offers cost benefits from increased standardisation whilst

allowing easy adaptation to match customer aspirations in each local market."

Oh deary me :blink:

Edited by Ash4781

Share this post


Link to post
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • The Prime Minister stated that there were three Brexit options available to the UK:   285 members have voted

    1. 1. Which of the Prime Minister's options would you choose?


      • Leave with the negotiated deal
      • Remain
      • Leave with no deal

    Please sign in or register to vote in this poll. View topic


×

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.