Telford Homes Share Discussion Threads

[aimingupward2] 06/3/2019 14:58

Aha! Anyway, I'm much more reasssured about TEF's future progress than I was a couple of days ago when I very nearly sold out. Glad I didn't

[mw8156] 06/3/2019 14:53

the gist of the article in the FT was that gearing was likely to fall, and, not in the article, (how did they end up 50% geared when other builders are boasting of cash on the balance sheets after such a long boom?), but there might be a bumpy ride ahead, in the transition to build to rent.

[aimingupward2] 06/3/2019 14:37

There is more info on TEF on the London South East site and ,in particular, on build-to-rent deals with Invesco and M & G. These were rns'd yesterday, but I'd missed them.

[richtea2517] 06/3/2019 14:01

That's a really strong rebound from last week

[aimingupward2] 06/3/2019 13:57

What was the gist of it, Cerrito? Presumably pretty positive in view of todays rise in the share price

[cerrito] 05/3/2019 13:12

Good resume on TEF in yesterday's FT Inside Business column

[shaker44] 02/3/2019 05:30

Silly comment again. Filtered

[porsche1945] 01/3/2019 22:41

Oh dear. London getting hammered. Brexit, the gift that just keeps giving.

[buywell2] 01/3/2019 07:12

Many listed Estate Agents have been hammered of late

Looks like it's the time for Housebuilders

If Labour get in ... this one could recover

Building cheap subsidised rental units for the unemployed will be a growth area.

[hillofwad] 01/3/2019 04:56

Well since the departure of Jim Furlong a number of recent acquistions have a few question marks burying big fat sums in the ground

Having coughed up over £30m for an unconditional purchase won by open market for Cambridge Heath Road they are still nowhere nearer agreeing a planning consent Having been pushed to 40% afforfable the viability report shows they paid too much for the site

Stone Studios again won in competitive tender at full market price Some site problems causing delays and in a hipster locations till all to do to make the pennies stack /Maybeonetheyarethinkig ofshuting overto bTR so more changes need

The arrival of Jerome Geogehan in Feb 2018 seemed like a slick move but -we have not had any sight nor sound from him

City North is a fantastic scheme but where has the huge delay suddenly arrived when only in January in the Islington Gazette

Finsbury Park’s City North development is not behind schedule, say developers
PUBLISHED: 11:44 09 January 2018 Sam Gelder



“The handover of the commercial units for fit out remains as autumn 2019 and we will welcome residents from summer 2019 through to the first quarter of 2020, when the development is scheduled for completion.

[joe_satriani2] 28/2/2019 18:56

NAV of 330 and a 17p ~4% dividend maintained during the "transition" doesn't sound too bad... but then I'm a disillusioned long term holder.

[riverman77] 28/2/2019 17:50

Yes me too, managed to get out at 298. I think in future I'll only sitck with the larger housebuilders - I think this company lacks scale, which is reflected in lower margins and means it is very exposed to any hiccups in one of its developments.

[jockthescot] 28/2/2019 13:15

That's one of the worst RNSs I've read for ages. I sold my entire holding first thing.
Gutted.

[owenski] 28/2/2019 09:51

Does seem rental is the way to go.

[claret dragon] 28/2/2019 09:03

Dont think they can achievethe headline price they have planned for.

Being 25 stories up over Stratford, East London is a hard sell.

[owenski] 28/2/2019 08:56

A lengthy TU with attached strategic review says one thing, the business model has changed and it's a model that has been forced on them.

End of the day, they aint gonna make their figures and the divi part of the review is a sop to steady the market.

TEF is a good well run company, and the CEO seems a decent operator. More of a hiccup really and time required to demonstrate the finances of the new model. This'll be a buy at some point but I ain't chasing it.

[richtea2517] 28/2/2019 08:42

Few suckered in during run up. Ouch

[tsmith2] 28/2/2019 08:30

Yes..sadly, very much so

[gbh2] 28/2/2019 08:07

RNS, What a depressing read !

[bulltradept] 28/2/2019 08:03

Oh dear socialism in the housing market, watch it tank.

[jurgenklopp] 28/2/2019 07:58

Oh dear. A shocker.

[billytkid2] 28/2/2019 07:56

Gonna be a hit this morning.