Telford Homes Share Discussion Threads

[qs99] 13/4/2016 07:20

well IMO that is a decent update for a builder....anyone watching?

[speedsgh] 08/4/2016 10:09

All this regeneration should help to lift the profile/attractiveness + support/grow real estate prices in Stratford where Telford Homes are particularly active...

The ever-changing Stratford skyline -

"...Over by the station, developer Telford Homes is busily thrusting towers skyward. Already completed is the 26-storey Stratford Plaza at the edge of the bus station with 198 homes, while across the way the 36-storey Stratosphere is steadily climbing higher. Due for completion by autumn 2018 at the latest, it will create 307 homes.

Further up the road, near Theatre Royal Stratford East, Telford is building yet another tower – the 31-storey Stratford Central with 157 homes that will be ready next year..."

[tudes100] 06/4/2016 08:10

www.cityam.com/238226/east-london-is-propping-up-slowing-central-london-housing-market-jll-report-shows

[speedsgh] 27/3/2016 16:56

Jon Di-Stefano: The footy fanatic aiming to take London housebuilder Telford Homes to the top of the league -

[dr_smith] 23/3/2016 15:10

..for 'er indoors' and likely influenced by approaching tax year end.

[seans66] 23/3/2016 14:37

Director share purchase.

[muscletrade] 22/3/2016 06:31

trading update 13th april

[qs99] 21/3/2016 13:57

trading update last year was in APril.....inland homes had a decent set of numbers IMO this am....should help provide some support of next update in TEF IMO DYOR!

[gucci] 21/3/2016 13:55

looking good

[tudes100] 07/3/2016 11:47

This sort of stuff not helping much I suspect...
www.cityam.com/235984/battersea-panic-stations-investors-flee-luxury-scheme-as-up-to-2m-is-knocked-off-some-asking-prices

[cupra kid] 07/3/2016 11:03

Trend is still down it would seem. Might dip my toe in if it gets to 300p.

[citymohawk] 01/3/2016 12:37

added to my watch list. :)

[qs99] 17/2/2016 15:55

it was one of Jim Slater's long-term plays was it not, seemed a bit harsh marking it down almost 30% from recent highs with no little news IMO...DYOR but hoping to be back at £4 in not too distant future...!

[james8] 17/2/2016 11:59

Another dir buy (2ok)

[qs99] 17/2/2016 11:44

yup, hope seller has cleared and re-trace can begin...

[rubberbullets] 17/2/2016 08:43

starring to hoist

[cutlosses] 17/2/2016 08:02

Good to see some Directors taking advantage of the dip.

[hutch_pod] 15/2/2016 23:06

Guess the market is a bit sour on housing since the Budget changes, as well as London in general. TEF seems to have carved out a decent niche though.

[bisiboy] 15/2/2016 19:27

well i bought a few not sure what i am missing other than the market expecting
even greater exceptional returns!

[cutlosses] 15/2/2016 16:53

I also liked the news but not the market reaction. Hoping the share price will soon adjust.

[muscletrade] 15/2/2016 15:30

it is only during the trading update in october management reported that .....
''' after an initial delay, full planning permission is in place for 156 homes at Caledonian Road, N1 and work is underway on site. and today reports that it has been sold for 66.75million....with exceptional capital returns.

i like that last bit a lot ...yet the share price goes down.bear market blues maybe

seems a bit odd to me but perhaps no one paying any attention today.

am i missing something.

[rickyvader] 15/2/2016 10:23

Hey speedsgh . That's great news. Well spotted

[speedsgh] 15/2/2016 10:18

Private Rented Sector sale for £66.75 million -

Telford Homes Plc (AIM: TEF), the residential property developer focused on non-prime London, is pleased to announce that it has exchanged contracts for the sale of The Pavilions, Caledonian Road, N1, to a subsidiary of L&Q, one of the UK's leading housing associations and one of London's largest residential developers.

The transaction is for the sale of all 156 homes within The Pavilions development, 96 of which will form part of L&Q's substantial and growing Private Rented Sector ('PRS') portfolio. Under the terms of the planning permission the remaining 60 homes have been sold to L&Q for affordable housing. The contracted price for the entire development is £66.75 million with regular payments to be made by L&Q throughout the construction period. As a result the development will not require any equity or debt to be invested by Telford Homes. Construction is already underway and is expected to be complete by the middle of 2018.

The contract with L&Q marks the Group's first significant development sale in the PRS sector. There is increasing institutional demand for high quality, well located developments to be 'built for rent' and the Group has been very encouraged by the overall response to the marketing of The Pavilions. Telford Homes is already exploring a second development for sale in the sector and the Board expects that similar de-risked PRS sales to blue chip organisations will form an important part of the Group's balanced sales mix going forward.

Jon Di-Stefano, Chief Executive of Telford Homes, commented: "We are delighted to have concluded our first PRS deal with a well-established PRS provider, who are already a valued partner to the Group. The strong level of interest shown in The Pavilions by PRS investors confirms the potential of the PRS market anticipated at the time of our equity placing in November 2015. Telford Homes continues to benefit from an imbalance between demand and supply of homes in non-prime London and this transaction marks the start of a new aspect to the Group's sales mix achieving de-risked forward sales with exceptional capital returns."

[cutlosses] 12/2/2016 18:57

DHope you picked the bottom!