Telford Homes Share Discussion Threads

[albanyvillas] 14/10/2015 14:19

no he said in the sunday telegraph he was selling some

[scottishfield] 14/10/2015 14:15

I take it that's tongue in cheek ALBANYVILLAS?

[albanyvillas] 14/10/2015 14:11

Jim Slater selling probably not helpig

[taffee] 14/10/2015 14:10

Nothing like a good debate then!

[dr_smith] 14/10/2015 12:30

Taffee- looking at past posts indicate a shorter with repeated doom msgs - filtered in view of likely ulterior motive for posting.

[taffee] 14/10/2015 11:35

All builders seem.to be in a sweet spot of ever increasing prices a.d
Profits...trouble is the market senses this is not sustainable...banks
Posted great profits then suddenly.they didnt

Market is looking for any sign of weakness that may spread...like prime property which is currently.falling.off a cliff

[melody9999] 14/10/2015 08:12

nah Sundance - lets be more positive than that.

The update is factual.... not manufactured. I do not believe the TEF management are 'creative' in their announcements. If you do then sell.

But otherwise look on this as a buying opportunity!

[sundance 13] 14/10/2015 07:27

You'd think this update would have to be positive for the share price near term, given how far it's fallen recently.

[1gw] 14/10/2015 07:12

Nice update. Can't complain about any of that. They seem to be emphasising the forward sale position stretches over 5 years - which is not particularly surprising given the nature of their developments but I don't remember seeing this emphasis before. Great to see success with the planning permissions.

[shanklin] 14/10/2015 07:11

All looks very positive to me.

[qs99] 14/10/2015 07:05

Looks like a pretty good trading update IMO....any views?

[shanklin] 13/10/2015 08:26

AIUI, the rule change removing the requirement for an IMS does not relate to AIM companies; it relates to fully listed companies.

[ramridge] 13/10/2015 08:17

TEF issued a trading update last year on 16/10

[qs99] 11/10/2015 13:19

Ok thought I saw something recently stating next week. May be wrong, lets see, either way this looks GV at these levels Imo, dyor etc

[speedsgh] 09/10/2015 16:36

No IMS showing on the Financial Calendar on the company's website. Maybe they are dropping the IMS like many other companies seeing as it is no longer a regulatory requirement. Interims due on 2/12.

[the juggler] 09/10/2015 14:52

Thanks QS99 that has come around quickly! Hopefully a good statement that gets this back in the running for 500p share price

[qs99] 09/10/2015 13:23

DYOR but I think the IMS is Weds next week...

[qs99] 09/10/2015 13:11

very quiet here still,....isn't next week due IMS? if so then I would expect this to be tracking ahead IMO as all recent RNS's IMO / DYOR have been pretty good?

[dwh7] 22/9/2015 11:54

try the LSE TEFs board....much busier

[fardistanthills] 22/9/2015 10:31

And then there is Crossrail.

This is what Jim Slater had to say about it in a Telegraph article, 28th March this year:

"There is yet another very powerful tailwind for Telford – Crossrail, which is one of the most important and far-reaching events in London’s transport history. In many cases, properties benefiting from new Crossrail stations, and faster journeys from existing ones, will soar in value.

To give you an idea of the quality of Telford’s many developments, have a good look at its website, telfordhomes.plc.uk. In particular, study the map showing the site of every past and future development, from which you will see clearly that Telford is superbly placed to benefit substantially from Crossrail as the project nears completion.

A good example of a promising new development to be marketed in April is Telford’s Poplar site, 800 metres from Canary Wharf and near to the new Crossrail station"

[caradog] 22/9/2015 08:30

And the government agrees that many more new homes are needed to alleviate the chronic housing shortage:

[tudes100] 21/9/2015 23:52

The idea that foreign investors in London have "all but dried up" is far fetched and entirely inaccurate. The prime end of the London market is seeing a serious slowdown but TEF do not sell properties for more than £1m. In fact last years average selling price for one of their properties was £459k. Many of their developments include affordable housing so I see very little chance of demand drying up quickly in the current low interest rate environment.
Through careful selection and astute planning they generally target areas re-generating so if the proportion of foreign investors declines there will still be decent demand from locals. There will no doubt be a decline in the number of Chinese / HK buyers (generally investors) over the next 12 months however given typical development locations (eg Poplar, Stratford, Southwark, etc) they will continue to see solid local demand. London remains a global hub with a huge demand for housing and unless you think this is going to disappear over night then the likes of TEF will be very well placed.

[melody9999] 21/9/2015 23:26

cfro - did you see the AGM statement on 16th July? Does not seem to be any suggestion that demand is slowing or that our company feels that is likely in the medium term .

.... "I am pleased to report that the Group continues to experience very strong demand from investors, tenants and owner-occupiers across all of its developments. The most recent evidence of this is the successful launch of the 148 open market homes at Bermondsey Works, SE16 where 94 sales were achieved during June 2015 with a total value of GBP44 million. The Group has secured 218 open market sales since 1 April 2015 and the total value of all forward sales secured and due for completion in the year to 31 March 2016 onwards is now over GBP620 million, more than three and a half times the revenue reported last year.

"The Board expects the demand for somewhere to live in London to remain high given population trends, the continuing strength of the London economy and long term constraints on the supply of new homes. It is this underlying imbalance between demand and supply that supports the Group's plans to increase output over the next few years.....

[cfro] 21/9/2015 18:25

Sunday Times run an article recently regarding overseas investors. Haven't got the stats to hand but high net worth Chinese investor Visas were down by some 91% in the first half of this year compared to same period 2014.

Same goes for Russian investors too and across the spectrum.