Telford Homes Share Discussion Threads

[onjohn] 01/6/2016 07:34

Brexit woes if house prices come off 18%, thats the profit gone

[drradcliffe] 01/6/2016 07:32

19% increase in EPS. That should push the share price up.

Earnings per share: 2016 2015

Basic 5 39.3p 33.2p

Diluted 5 38.9p 32.6p
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[nw99] 01/6/2016 07:31

Telford Homes $TEF finals look very good, over 50% sold for next three yrs, good pipeline, eps 39p, final divi 7.7p

[cutlosses] 01/6/2016 07:28

Pleased I didn't sell at £3.15!! Very pleased with the whole tone of the RNS and the references to de-risking and securing future revenue. Surely it must go to £4 plus?

[qs99] 01/6/2016 07:16

indeed. Not many companies you can find with this sort of RNS...increased divi is a nice one as well....DYOR and IMO etc

why this is not materially through £4 I'll never know, was as low as £3.15 a few weeks ago...

[nw99] 01/6/2016 07:09

Very very bullish

[richtea1701] 01/6/2016 07:04

Not bad :)

[qs99] 31/5/2016 14:07

well lets see what happens tomorrow.

[dlku] 31/5/2016 10:05

tendncy to get flash crash on results tho

Bovis fell 100p from memory

[tudes100] 31/5/2016 09:48

Peel Hunt 475p target, re-confirmed May 20th

[dlku] 31/5/2016 09:43

450p tagrte

[qs99] 31/5/2016 08:19

OFF TO RACES NOW,....IMO

[tudes100] 31/5/2016 08:18

Great news prior to results, taking a significant amount of risk out of their FY18 & FY19 results with the PRS sales they've announced in the last 4 months.

[dlku] 31/5/2016 07:18

up 20p on that imho

[qs99] 31/5/2016 07:10

NIce RNS this morning IMO

[gp1948] 30/5/2016 18:38

On 1st June, Telford Homes are reporting their year to 31st March 2016. This is what the Telegraph has to say about it.

Telford Homes profiting from migration

28 MAY 2016 • 7:00PM
Telford Homes, the east-London focused house-builder, is set to report big profits as it rides a wave of overseas investment and population growth.

Pre-tax profits are expected to rocket 24pc from £25.1m to £31.8m when it reports full-year results on Wednesday.

Jon Bell, an analyst at Barclays, said Telford “operates away from the eye of the storm” of the downturn in central London prime properties.

Telford focuses on east London, with developments in Poplar, Canary Wharf and Stratford. The London borough of Tower Hamlets, where it has many sites, was revealed this week as having the fastest-growing population in the UK. It is set to rise by more than a quarter by 2024.


The typical Telford home is below £600,000, at an average of £450,000 – well below the London mean of £534,785. This price point is also within the limits of Help to Buy London, a government scheme which provides a 40pc equity loan on a 5pc deposit for newly built homes.

In 2015, the company sold 49pc of its homes to overseas buyers, up from 32pc in 2014.

Anthony Codling, an analyst at Jefferies, said: “Of all the London players, Telford and Bellway [which builds in the same area] are least at risk of the pull-out of overseas investors,” because of the more affordable prices and higher rental yields.

Telford’s share price has been relatively low, partly due to greater debt on its books than peers, and Mr Bell said that due to this “value has emerged”.

[rubberbullets] 26/5/2016 15:39

should go up 30p on results day

[qs99] 26/5/2016 10:23

looks like pause until 1st June, let's see

[dlku] 25/5/2016 11:11

would lovee 450p

[tudes100] 24/5/2016 02:53

Results next week - we know its going to be good after the last IMS, its just a question of how good. If we get a Brexit rejection at the end of June we should be back above £4 in not time imo.
Brokers haven't yet upgraded FY17 forecasts (not that I've seen anyway) so this could also provide some impetus to any momentum.

[qs99] 23/5/2016 19:47

looks interesting from recent lows, been very strong...!

[stevemarkus] 23/5/2016 09:29

Think that's unlikely - it's not very long ago they raised money through a placing.

Cheers,
Steve.

[dlku] 23/5/2016 08:30

special dividend perhaps

[1olddog] 17/5/2016 18:38

Well now - that's more like it.

[tudes100] 12/5/2016 00:38

Slightly different perspective on outlook for housebuilders (about 6mins in)
www.moneyweek.com/gary-channon-the-three-things-i-look-for-when-buying-a-company/
Can understand a little bit of nervousness about outlook for top end of London market but as the company have detailed on so many occasions this is not where TEF operate.
I'm more interested in facts not speculation - recent exceeds update, indication that FY17 financial year will not see dip in profitability they had initially forecast, first PRS sale at £67m, Price to NAV 1.6 (ref BKG 2.4), PE 8.3x (consensus f'cst 38.2p), 4.3% yield, etc