Share Name Share Symbol Market Type Share ISIN Share Description
Telford Homes LSE:TEF London Ordinary Share GB0031022154 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -3.00p -0.75% 398.00p 396.50p 398.00p 405.00p 397.00p 399.50p 84,730 16:29:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 291.9 34.6 36.8 10.8 299.35

Telford Homes Share Discussion Threads

Showing 2601 to 2623 of 2625 messages
Chat Pages: 105  104  103  102  101  100  99  98  97  96  95  94  Older
Tudes With Caledonian Road and the little belter at Central completing in H1 19 profits are likely to be 3x H1 18 which will be an autumn warmer The planning delays at Cambridge Heath Road where the interest bill is cranking up on the £30m purchase and delay on Chrisp Street will be more than offset when they announce the next PRS sale at Blackhorse Road Telford Homes the Men for All Seasons
Trading update April 18th, FY results May 30th. Given we're just a few weeks away from the new financial yr I've got a rolling PE of 7.5x, 4.5% yield. Not that many examples of that kind of value in the market imo. I'm expecting the first few bullet points of the trading update to say exactly what they said last yr which in very reassuring.... Record revenues and profits anticipated for the year Profit before tax expected to be (slightly) ahead of current market expectations
aimingupward They will be able to report the forward sale of 110 apartments in bleak midwinter at New Garden Quarter at prices a country mile ahead of those anticipated when this site first came under wraps Launching at Bow next week later than they normally do in the development process This has given the chance for a head of steam to build up and hopefully will hit the ground running They have dropped the prices on the remaining 3 bedders at Bermondsey in recent weeks and this has resulted in reservations like like hot cakes It looks like the penthouses and sub -penthouses at Stratosphere are scheduled for practical completion in the first couple of weeks of April so heading for next years results These 2 facts strongly indicate that they have been fairly relaxed getting the money back in before the the end of March so comfortably exceeding expectations for this year
Looks like this could be heading for 450p+ over the next few weeks, especially if we get a good trading statement early in April.
The flats have been advertised both home and abroad since 2014 even before TEF was on the scene .Certainly nothing to stop Mr "slap in the face" from buying one .If he asks nicely I am sure they will give him a discount Nothing more loud than the voice of vested interest probably trying to get a temporary rates discount for disturbance. Fails to mention of course the massive improvements to the transport hub at TEF's expense ,the new leisure offer and arrival of new residents who may or not buy from their shops
Non-exec buying yesterday :-) Hopefully we should start to climb back upwards from here. Chart trend looking good.
Shaker The irony with the referral of Chrisp Street it actually increases the value of Balfron Tower as an affordable free zone I hope they shift it to the IPRS sector but unlikely because of the potential backlash on Poplar HARCA decanting the former occupants in a social cleansing manner . Its quite hipster ,brutalist chic and should appeal to one of the more progressive outfits
shaker That hasn't been the case in most of their developments where in the past they have cleverly let to bluechip university on a 25 year lease with RPI kickers which institutions will buy day in ,day out on frothy yields As the bespoke student accomodation market has matured the educational establishments have become a bit more circumspect and are fighting shy of having to suffer the management hassles and shortfalls in income received from students and rent paid out Its a risk as the market becomes more saturated
Thanks Hillow. I didn't realise wjg are exposed to future rentals. Probably ok but certainly a risk factor.
compnews1 Yes high barriers for entry help TEF but they laid down £30.2m unconditionally on Cambridge Heath Road which has probably cranked up £100k interest They know the score with LBTH but even they must be suprised how difficult it has been on the planning front The difference between TEF and WJ is that when TEF ship the scheme off to the institutional investor the day the construction completes they are off the hook on any residual liability= low risk WJ are now having to offer up themselves up by guaranteeing the rent thru their management company so are on the hook for the annual rent and will suffer from any letting voids which might or might not occur
Oppositions need to be seen to do something, regardless of whoever is in the government. Assuming the current opposition becomes the government in the next general election, they still face with the COMMON problem - that is shortage of housing stocks. They then will need to resolve the issue, ie allowing more planning permissions. One needs to see this through this when investing. Telford & Watkin Jones have a a less risk strategies because some of theirs investments are forward funding by other large institutions.
llf Council elections in May which probably means councillors are sitting on the fence which doesn't help The 3 councillors who represent the ward of Lansbury where Chrisp Street is the main event didn't even show up at the committee meeting .Disgrace TEF suffering at Cambridge Heath Road with LBTH too This is a site which had a planning brief way back in 2003.Sainsbury's have just had their scheme close by kicked back by planners 3 times .Steffy was hoping to be on site this year on site having already put £30.2 m hard cash down .No sign yet on planning register so no doubt problems with planning Javid then has the neck to tell developers "Use it or lose it" when local politics are the biggest imepediment
hillofwad - my post 2543 asked if the issue highighted below could cause a problem for Telford "Local authorities in Camden, Vauxhall, Lambeth and Westminster are all facing growing opposition to their housing plans. One property industry figure said pressure was building against development in “every” Labour-controlled borough in the capital." It seems as if the answer is YES - sadly...
Chrisp Street proposals kicked into touch for deferral on Thursday despite officers recommendation as the angry brigade sway the lightweights committee who clearly don't read the script. Affordable element increased . 10 years on the drawing board and seven figures in costs incurred by TEF as they work professionally thru proposals over the last 18 months making amendments consulting with all and sundry dealing with the minutiae. Http:// Millions of pounds of investors money have arrived in the area including M&G at Carmen Street with a large affordable element whose tenants would be attracted by the proposed offer at Chrisp Street with its night time offering Khan wonders why London does not have enough Housing! Its clear that the planning committee members need to be brought up to speed on planning issues-they don't seem to understand the script!
A very interesting piece in today's Times on how the rental market is undergoing fundamental change. Discusses trends in BTL vs BTR and the range of facilities/amenities offered in many new schemes. Brief mention of TEF... The start of a British rental revolution - HTTPS:// "Greystar’s luxury rental development in Nine Elms, south London, in partnership with Telford Homes, will have 894 apartments and provide a “five-star rental experience”, including residents’ lounges, bars and restaurants, an observatory deck and a business hub."
Chairman was happy to build up a large stake Cant sell it all at once so bit by bit perhaps
The chairman still retains a very large stake in Telford, so I am very relaxed about this sale. TEF's share price has been pulled down by general market sentiment on house builders and some ill judged comments from Govt along the lines of clobbering builders for land banking. They would do better to focus on trying to reduce the cost and time it takes to secure planning consents (whilst maintaining proper scrutiny), particularly in London where the likes of TEF are tackling complex brownfield sites, many of which are a complete eyesore in their current state.
nice vote of confidence from the Chairman Not!
article in the FT today headlined "London developers face growing activism over affordable housing" extract below "Local authorities in Camden, Vauxhall, Lambeth and Westminster are all facing growing opposition to their housing plans. One property industry figure said pressure was building against development in “every” Labour-controlled borough in the capital." Could this be a problem for Telford in future developements?
Hardman &Co produceda 52 pages report on UK REIT, Telford was mentioned on pages 44&45. I don't know how good their analysis but worth a read. Link below Key points : 1)A major change – BTR forwardsales are 77% of the total and upfrom zero two years ago; 2)Telford’s pipeline of sold developments is higher than the sector and the ratio is growing; 3)BTR gross margins lower with lower pricing; 4)Return on equity higher – cashgeneration is high; Telford is working with the ‘bigboys’; US based Greystar; Revenue share of BTR for 2016/17 was 26%, up from 8% in the prior year; 6)Low gearing set to rise with reinvestment; 7)Gross margins falling as formerinflation drops out and with shifttoward a higher capital-turn BTR mi Investor chronicle also recommended Telford. I think their porfolio is more balanced withstand the market and regulartory risks much better hxxp://
Jock...nope, but I know a man who does. call and ask them (or TEF directly)
Aah, thank you.
Jones Lang Lasalle. selling agents
Chat Pages: 105  104  103  102  101  100  99  98  97  96  95  94  Older
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P:43 V: D:20180324 04:18:06