Share Name Share Symbol Market Type Share ISIN Share Description
Watkin Jones LSE:WJG London Ordinary Share GB00BD6RF223 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 142.00p 141.50p 142.50p - - - 0.00 05:00:10
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 267.0 13.3 3.1 45.5 362.48

Watkin Jones Share Discussion Threads

Showing 701 to 725 of 725 messages
Chat Pages: 29  28  27  26  25  24  23  22  21  20  19  18  Older
DateSubjectAuthorDiscuss
22/2/2017
16:12
Mark Watkin Jones - CEO of WJG- and Philip Byrom CFO will be giving an investor presentation on 29th March at the Equity Development Investor Forum, taking place London EC2 from 5pm. www.equitydevelopment.co.uk ALL IMO. DYOR. QP
quepassa
20/2/2017
15:37
Watkin Jones 2 hrs · Exciting new development coming soon in Bangor, Gwynedd! This extremely popular location will sell out fast. Located close to Hirael Bay, Plas Y Coed is a stunning forthcoming development featuring 12 apartments set within a beautiful Grade 2 listed building. It also offers a number of 1, 2 and 3 bedroom starter homes. Keep your eyes peeled for released plots! Http://www.watkinjoneshomes.co.uk/forthcoming-developmen…/…/
spellbrook
17/2/2017
16:07
Hi Jonwig, Thanks for taking the time to get back to us - everything sounds very encouraging as always.
return_of_the_apeman
17/2/2017
15:06
thanks Jonwig for both your posts
cellars
17/2/2017
09:09
This from the FT. With £200m to spend, some of it might come our way? The UK student accommodation developer Unite Students has said it is selling 13 properties to a Brookfield-managed fund for £295m. It said that the sale would give it money to fund further growth in its high-quality development pipeline – focused on mid to high ranked university properties with secure long-term growth prospects. The 13 properties were located in Aberdeen, Birmingham, Bournemouth, Edinburgh, Glasgow, Liverpool and York and were sold “in line with” book value. The deal is expected to be completed in the second quarter of this year. The FTSE 250-listed company is planning to recycle up to £200m of its assets this year “to take advantage of the ongoing strength in the investment market for well let student accommodation”. Unite’s share of the 13 properties being sold amounts to £102m.
jonwig
17/2/2017
09:09
Thanks for the feedback Jonwig
glaws2
17/2/2017
09:07
The AGM yesterday lasted just one hour. There were only about five investors present (one whom I knew from years back, Mark who posts occasionally on ADVFN as marben100), plus the four directors and some suits. You tend to get big attendance at small company meetings when something's wrong, so that was a pretty good sign! The welcome was very open and friendly and there was plenty of opportunity for questions. I'll try to take their points in turn: • Chairman's opening statement had nothing new to add to the results, but he gave a quietly confident view of the future. The company's approach is cautious and risk-averse, which is a bit unusual in the sector. • PBSA: the results presentation shows some projections up to 2020. I didn't ask more about the pipeline, as that seems far enough. Visibility is quite impressive. • PRS: they are approaching this very cautiously until they have more experience of the sector. There are also political uncertainties (recent White paper). I wouldn't expect growth to be rapid for the next few years. Described as an 'evolving market'. Their first project is forward sold for completion this year. Three more are going through process. • Conversion between PBSA and PRS buildings. Their PRS plans appear to have an element of 'communal facilities', but earlier PBSA couldn't easily be converted. Maybe new ones could. Location is important though: students need to be near to campus, home rental near to roads, rail. • Supply bottlenecks, labour shortages, materials inflation in the construction sector. They can mitigate this as they can do forward pricing and have a regular and trusted set of suppliers. • They will own one PBSA, against the grain of their usual model. This may/may not be sold in the future. JVs (eg. Lacuna in Belfast) is dissolved after sale on a 50:50 basis. I'd assumed Lacuna would take ownership, apparently not. Housebuilding is a very small part of the business but does have higher margins. Given their non-speculative approach, my intention is to hold these for some time: dividends of 6.3p, 6.6p for 2017, 2018 (broker forecasts) are quite satisfactory!
jonwig
16/2/2017
10:02
Alas I will not be able to make that as I am enjoying some sunshine in the South of France :)
the big fella
16/2/2017
09:59
AGM today :-)
return_of_the_apeman
16/2/2017
01:18
....great minds Big Fella...but only 11k for me :(
santangello
15/2/2017
10:10
Just helped myself to another 12k in the ISA thanks to the fall.
the big fella
15/2/2017
03:07
You are right of course. That would be foolish. But my point was if they have no intention to sell for a further 12 months making that clear would benefit all. As in the prospectus. And if the answer is evasive then expect some selling off!
shaker44
15/2/2017
03:07
You are right of course. That would be foolish. But my point was if they have no intention to sell for a further 12 months making that clear would benefit all. As in the prospectus. And if the answer is evasive then expect some selling off!
shaker44
14/2/2017
18:41
not sure I agree, Shaker, with respect. If they were planning to do a reasonably chunky sell-off, I doubt they would warn people in advance (and see the share price marked down in anticipation!)
jg88721
14/2/2017
12:49
No more price sensitive than the initial lock in in prospectus! But as I said, up to you!!
shaker44
14/2/2017
12:34
shaker, best ... highly price-sensitive information. A Yorkshire oik off the street would be the last to hear it!
jonwig
14/2/2017
12:24
jonwig - to clarify, my question wasn't about what's in the prospectus; being a shareholder here I am familiar with its contents. My question is really about the fact that the lock in period is expiring soon, and whether the trusts will be looking to take advantage of that fact. If he says they have no intention of selling that's a stronger statement about his confidence in the future than bland statements in an RNS saying they have confidence.
bestace
14/2/2017
12:18
Jonwig, you are in the driving seat of course but I dont see why you would be referred to the prospectus for querying what may happen after the lock in. No doubt if the parties were willing to sign on for a further 12 month lock in, that would support share price growth, which would be in everyone's interest including theirs- unless they foresee a need/desire to sell.... Could be a catch 22 question I guess
shaker44
14/2/2017
12:08
bestace - the various trusts are quite complex, but it's all in the prospectus. Basically, some family members sold about 46m shares at IPO ("Vendor placing") but retain their interests in three trusts. There's a 12-month lock-in there, and also with some senior managers. However, as has already been said here, there are substantial tax advantages for the family to retain their stakes (AIM IHT, CGT). I'm not an expert here but some others might be able to explain clearly. Not an issue I want to raise, as I'd be told to read the prospectus.
jonwig
14/2/2017
11:49
Hi Jonwig any report back appreciated. If you can ask a question, I'm with apeman & spellbrook - a question around pipeline and PRS. Could you combine both issues as one question. eg, "WJG has achiever strong profitable growth thru student accommodation. How much more scope for growth is there in providing student accommodation or will maintaining recent rates of growth require WJG to aggressively grow PRS?"
jg88721
14/2/2017
10:52
I am guessing that large sell today was the large buyer from the other day getting out for a small profit. Looks like it spooked a few / triggered some stops and has provided an entry point for others. This has been continually tipped by many sources, which leads me to believe it will be again following the agm
return_of_the_apeman
14/2/2017
10:45
jonwig - thanks for the offer. I'd be interested in hearing whether the Will Trust and/or 1992 Trust, who between them own more than 45% of the shares, have any plans to sell after the lock-in period expires on 23 March. They could create quite an overhang if they do have any thoughts in that direction. The CEO is a trustee of both those trusts so will know if they have any plans, although if I was in his position I would probably decline to address the question directly!
bestace
14/2/2017
10:38
A fortnight until Dividends paid.....
spellbrook
14/2/2017
10:23
Just a report back on the tone, plans and any interesting answers please if you have time Jonwig. Great that you can go. share price has risen very rapidly and at some poinmt (soon??) wil run out of steam without more RNS I feel.
shaker44
14/2/2017
10:10
would like to know what plans they have for PRS (Private Rented Sector)
spellbrook
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