Research, Charts & Company Announcements
Research Tree provides access to ongoing research coverage, media content and regulatory news on TAYLOR WIMPEY PLC. We currently have 6 research reports from 2 professional analysts.
|01Dec16 09:44||RNS||Director/PDMR Shareholding|
|01Dec16 09:39||RNS||Total Voting Rights|
|23Nov16 07:38||RNS||Additional Listing|
|14Nov16 07:00||RNS||Trading statement|
|09Nov16 04:04||RNS||Director/PDMR Shareholding|
|01Nov16 09:57||RNS||Total Voting Rights|
|01Nov16 07:00||RNS||Directorate Change|
Frequency of research reports
Research reports on
TAYLOR WIMPEY PLC
TAYLOR WIMPEY PLC
15 Nov 16
"The global bond markets saw another major sell-off yesterday, with the 30-year US T-bill yield rising above 3% for the first time since January. This is weighing the implication of the President-elect's wholly unorthodox policy proposals, the general expectation that Yellen will go ahead with the first Fed rate hike since 2006 in December and a growing expectation that Trump will champion an international reversal in the current fiscal-monetary mix of western economies. A looser fiscal policy together with a harder monetary policy, of course, demands a much-diluted version of present 'central bank independence' for whom the main proponents, Donald Trump and Theresa May, could well be the first to move toward subverting the system through the appointment of politically compliant governors to replace the conservative academic postings of the past couple of decades. So has 'Trumpism' started to be priced in? After the hostile takeover, might the populist outsider simply surround himself with insiders? Some optimists seem to believe in this rosy scenario. The Dow Jones inched up to its third consecutive record close yesterday after the Fed's Jeffrey Lacker noted in a speech that fiscal stimulus 'would bolster the case for raising rates' while, by comparison, the NASDAQ drifted lower on continuing concerns over tax imposition proposed on their international cash piles. Asia ended mix to fractionally down, avoiding the broad sell-off seen amongst emerging markets, as their currencies rallied marginally against the US$. Today the UK is due to publish monthly inflation figures, while the Eurozone will release GDP data. Being deep in the results season, earnings or trading updates are expected from the likes of BTG (BTG.L), Card Factory (CARD.L), Crest Nicholson (CRST.L), easyJet (EZJ.L), Enterprise Inns (ETI.L), First Group (FGP.L), Hayward Tyler (HAYT.L), Land Securities (LAND.L), McCarthy & Stone (MCS.L), Premier Foods (PFD.L) and Vodafone (VOD.L). Investors will also be listing out for more details from Rudy Giuliani, the former Mayor of New York, regarding his overnight suggestion that defeating ISIS will be an early focus of Donald Trump's foreign policy. The FTSE-100 is seen rising 10 or so pints in early trading." - Barry Gibb, Research Analyst
UK Housebuilding Sector: Q3 2016 - “I am Steve McQueen”
11 Oct 16
Steve was street savvy, but he was not the smartest knife in the drawer, which makes his Delphic comment to Robert Vaughn all the more surprising. What Steve was saying is that “it’s not over yet”; that there is still a lot more to come (sadly for McQueen, who died in 1980 aged 50, it was a future that was not his). The same is true of Brexit and the collateral undulations that it has riven in the UK Housebuilding Sector. Immediately post-the-Brexit-vote, the UK Housebuilding Sector tanked 36% in value in two trading days (24 and 27 June with a weekend in between); and at one stage was off almost 40%.
28 Jul 16
"The FOMC delivered much as expected. Rates were left on hold but, by stating that 'Near-term risks to the economic outlook risks have diminished', the door has been left open for its first rate hike since December 2015 with the hot money remaining on +25bp in September and another +25bp before the year end. Lacking new excitement, London equities are expected to open marginally down, with the FTSE-100 seen down between 5 and 10 points in early trade. US markets closed in a similar mood, with the Dow and S&P 500 left virtually unchanged, leaving only the technology-heavy NASDAQ celebrating better than expected results from Apple following the previous close. Sentiment in Asia continued to yo-yo on the longawaited Japanese stimulus package, forcing the Nikkei to give back half of yesterday's gains, while the Shanghai Composite remained nervous amid threats of new regulation on wealth management products, leaving only the commoditydominated ASX enjoying a small positive by the close. Amongst UK corporates, investors are now able to put a figure on the cost to BHP Billiton (BLT.L) shareholders over the Samarco Dam disaster, with the company indicating a US$1.1bn to US$1.3bn provision, while in yesterday's statement GSK's (GSK.L) Board suggested the post-Brexit fall in Sterling presents a mix of new challenges to the Group. This morning, UK markets anticipate release of the Nationwide House Price Index along with a heavy clutch of results including, Anglo American (AAL.L), AstraZeneca (AZN.L), BAE (BA..L), Centrica (CNA.L), Diageo (DGE.L), Rolls Royce (RR..L), Royal Dutch Shell (RDSA.L) and Weir Group (WEIR.L)." - Barry Gibb, Research Analyst
‘Billions’ - UK Housebuilding Sector - Q2: Summer 2016
12 Jul 16
The pilot episode of the much-hyped new TV series ‘Billions’ raked up almost three million viewers on debut in January of this year, which was a new record for Showtime. It is a sort of ‘Wall Street’ for a post Global Financial Crisis (GFC) audience. Damian Lewis heads the cast together with Paul Giamatti - and, the often parsimonious, IMDb has awarded the programme a premium 8.4 score. Lewis’s character Bobby Axelrod is an ambitious hedge fund manager and the sole survivor of the part-eponymous, Axe Capital, during the 9/11 attacks. Bobby is clever, charismatic and charitable (but not whiter than white). He is also very rich, lives in a nice house and knows what ‘billions’ is/are - and has a few himself; albeit these billions tend to slip in and out of his grasp, as is their wont. The UK Housebuilding Sector is also ambitious and survived the collapse of Lehman Brothers and the ensuing Global Financial Crisis. Similarly, it is smarter and wealthier than it has ever been; and, yes, charitable but not atramentous. It is also in award- winning form, which is a good job as it acts out another palpable crisis - the Brexit vote - and a £9 billion loss of value in six trading days. But do not despair.
18 May 16
"London equities are expected to give back part of yesterday's gains, with the FTSE-100 seen opening some 15 points down. US interest rates returned to focus overnight as three influential Federal Reserve officials, following numerous encouraging economic releases together with the recent surge in oil prices, suggested the central bank could raise short-term interest rates at its meeting next month, a view that contrasts with the broader opinion of market forecasters who consider such a move more likely during Q4. While all principal US indices fell back, Asia was again mixed. The Nikkei rose on data showing Japan's economy had rebounded sharply in the first quarter, but Shenzhen and Hong Kong shares declined after a top Chinese official made no mention of an anticipated trading link between the two cities. This morning's Unemployment figures and the Queen's speech are awaited in the UK, while investors are braced for the US weekly petroleum status report and the Federal Reserve FOMC release minutes this afternoon. Results are due from SABMiller, SSE and Burberry." - Barry Gibb, Research Analyst
09 Dec 16
Ideagen* (IDEA): Acquisition of IPI Solutions (CORP) | Lombard Risk Management* (LRM): Atos deal improves routes to German market (CORP) | Photo-Me* (PHTM): Upgrade to FY forecasts (CORP) In other news… Frontier Developments* (FDEV): ED coming to Xbox and Planet Coaster update (CORP) | LiDCO* (LID): Analyst interview (CORP) | Rude Health: Analyst interview
Product quality and management depth
07 Dec 16
Yesterday Focusrite held a capital markets day, designed to showcase the range and quality of products and introduce operational management, which shares a passion for music-making and has deep knowledge of the products. This contributes to excellent product support, software innovation and thus customer loyalty, which should sustain the company’s brand leadership.
Civil: No Reflation here, only a Race to the Bottom
05 Dec 16
The strengthening of the US dollar since the election of Trump is adding to the headwinds in the airline industry: over-capacity and falling yields. The airline industry, which is expected to generate $8bn of free cashflow in 2016 on $600bn of capital employed, needs to spend $120bn annually to maintain current delivery rates. Deferrals and down-gauging is now spreading to narrow-bodies as more and more airlines review their capex plans. We expect acceleration of seat densification as airlines look to sweat their existing fleets. We now expect deliveries to fall by 5% over 2015-18 as opposed to our previous forecast of flat growth. Aftermarket may also suffer as seat densification helps cut number of flights. This leads to reduction in our EPS forecasts for key Civil Aerospace names: Rolls-Royce, Meggitt, GKN and Senior.
Small Cap Breakfast
07 Dec 16
Creo Medical group—Schedule 1 update.. £20m raise. Expected market cap £61.2m, admission expected 9 December. ECSC—Schedule 1 from provider of cyber security services. Raising £5m. Vendor sale £0.8m. Target date 14 Dec. Expected market cap £15m. RM Secured Direct Lending - The secured direct lending fund intends to float on the Main Market on 15 December raising up to £100m