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Telford Homes Share Discussion Threads
Showing 2151 to 2173 of 2175 messages
|They have now assembled a development pipeline of £1.4 bn which is colossal bearing in mind they are currently valued at £230m Forward sales of £700m and any day now news of the 3rd IPRS deal being put to bed which is more than likely to add another £50m Equity have posted a very postive view on Telford They realy do seem to offer a great value opportunity
They are in a perfect place heading into what is likely to be challenging times Profits forcasted to step up from £33m(17)£44m (18)£51m (19) With a possible 4th PRS sale brewing and a set of BODS who are normally very conservative forecasters possiby a lot more to come .More exciting schemes soon to launch all secured sometime ago when HPI was much lower so plenty of buffer The case is very compelling and a progressive divided policy too Rumours of avery large site under wraps with over 1,000 plots sets them very well for the future Good news from their big brother Berkeley today|
|ditto hillofwad. thanks from me too. been here awhile and happy to be so.
Thanks for your reading of the situation at TEF - I entirely concur.|
|Gbh Well this is what it looks to me from where I am sitting.You have tapped a few keys and spent your money hard earned or otherwise on Telford Homes shares
An AIM company which has lifted itelf up by its bootstraps since 2008 and with very limited capital has become the solid company with a £1 bn+ pieline and increased shareholder value no end .Not only that it has had a progressive dividend policy .
You are lucky enough to have invested in a company with a CEO who if you have done your own research never fails to deliver his promises and is not prone to hype or exaggeration .
He announced yesterday thet the profit forecast is still on for £50m in 2019- a significnat increase only other AIM companies could dream of This is despite a difficult year ,a flattening market, Brexit,increased labour and construction cots ,difficulties in raising capital . Not only that a few weeks ago whilst the world stood still beacauseo f the US elections his team sat in small rooms across the globe and sold 72 homes 3y ears in advance In my book that is a fantastic achievement How on earth can you be disaappointed with that. Maybe the word pompous sits a little closer to home|
|I just liked the bit that said on track to double the size of the company in 5 years.|
|tbh I feel the share price action today was a mixture of short term trading and end of the month book adjustments. I expect a quick recovery and a significant improvement during the run up to the ex dividend date.|
|John Di-Stefano gave a typically accomplished presentation this evening, at the end of what would have been a very long day for him. The RNS refers to over 100 legal completions on properties in the two months since the half year end, but I think that John mentioned an actual figure of about one hundred and forty. That compares to eighty- five in the whole of the first six months. For those who can access it, there is an interesting chart at page 2 of the ED note issued this morning which shows the varying H1/H2 splits over the last few years. I am totally relaxed about the share price action. I view it as a buying opportunity.|
|hillofwad - You're clearly so perceptive in the way you can assess the actions and thoughts of so many from the chair in front of your computer, difficult to understand why you're still investing and not living off the proceeds of your great power!
Question is are you as pompous in the real world (note) that's rhetorical, only a fool would attempt an answer.|
|Can anyone get their podcast to work?
I get 'loading...' in 3 browsers on 2 different devices.
|gbh2 If you read the script there have been 100 completions already in the first 2 months of H2basically sorting out 70-80% ofthe profits for the whole year If both the PRS deals click in they will comfotably beat frecasts Somehow the message ahs been distorted orted that growth in build to rent is the driver of profits for H2 which isnt the case . TEF have never failed to deliver and they stand alone amongst their peers that the statements are never overhyped Listen to the podcast which has appeared on the corporate site
GBh Hoped for better!You are difficlut to please They cant build them any quicker They have just achieved the impossible task of selling a great wedge of properties in Finsbury Park completing 2019/20 whilst the property market is generally fearful What are you hoping for to sell them before they buy the site|
|Jon Di-Stefano, Chief Executive of Telford Homes, discusses the Company's interim results for the six months ended 30 September 2016. They remain strong position with over £700 million of forward sales secured and a substantial development pipeline. The recent launch of City North in Finsbury Park exceeded expectations achieving over 70 sales at higher than anticipated prices and proving that the right product in the right location remains attractive to buyers.
|piwood, They'd need a huge second half year to achieve that figure, which I might hope for but not expect!
Edit: I expect cover to be nearer to 1|
|Peel Hunt retains BUY and 485p target|
|I hoped for better but the tone is positive and though imo the dividend is looking unsustainable (full year looks like exceeding EPS) I'll hang on to see what transpires.|
|New equity development note on TEF
|Pleased to see that unlike BDEV in Central London, TEF in its operating areas has not found the need to reduce asking prices.
Also good to see that...
"The average anticipated price of open market homes in the Group's future development pipeline is £517,000 which remains well within the Board's desired price range ensuring future developments are within the reach of a broad range of owners, investors and tenants."
Would have expected it to be higher than that, so a definite plus AFAIA concerned.|
|Looking forward to a dividend increase announcement with results on Wednesday and a run up in the share price as ex dividend date approaches.|
|Keep buying says SCSW:
(Sharewatch) Ahead of interims on 30 November, Telford reassured the market by saying it continues to have a positive view of prospects for property in the non prime parts of London where it operates and it isn’t revising downwards its expectations following the EU vote. In fact, since the start of September, there have been greater levels of interest and more visitors to the central sales centre resulting in higher reservations.
Telford started the current financial year with a forward sold position of over £650m and has secured 95% of open market completions expected for the year to end March.
As always, Telford recognises profits on handing over the keys and there were far fewer developments completed in H1 17 than H1 16. This is the only reason why profits in H1 will come in a bit lower than last year with a substantially higher proportion of profits expected in H2. This phenomenon is progressively being smoothed by more PRS (Private Rented Sector) or ‘build to rent’ sales (where profits are recognised on a per cent completed basis) and a third PRS agreement is likely to be completed shortly.
Peel Hunt forecasts eps of 35p this year, with next year seeing jump off to 47p. Keep on buy list.|
|Nov 30th - Any fallout from a lower H1 results this year will be firmly pushed aside with the news that pick up in revenues in the last 2 months is pretty much 80% of the whole year. Accompanied with the announcement that foreign sales have matched those reserved here at City North sets the company well for the future and can only be received as fantastic news . All the Govt initaitives will land at Telford Homes in some shape or form More exciting devlopments in cracking locations soon to launch These boys are the business|
|Picked up a few more yesterday, hoping for "moving" news with Autumn statement & climb up to results :))|
|Well no since the FD doesnt get involved in sales! She's too busy adding up the scores
I cna hear her clacking her abacus now as the completion monies are rolling back in from The Junction, Horizons and Vibe|
So you have a weekly conference call with the FD?|
|320p by results?|