Trafalgar Property Share Discussion Threads

[kmann] 17/7/2016 15:28

Blimey, i started a post tipping this on the STY board

""kMann 15 Jul'16 - 13:07 - 4697 of 4697 0 0 edit

Ok here it is guys, Been looking for another forgotten, unloved, undervalued stock. TRAF. Low cap (£2.5MIL) house builder, had its fair share of bad luck (sound familiar), but been turning it around.

Forecasting profit and growth (has a full schedule of developments underway, and more planned). Results could be as early as next week.

Offers good risk/reward. Mid/Longterm I'm looking for +3p. The new government look like they could be house builder friendly in various ways (expect a rate cut soon imo). 1p to BUY.

... oh, and look at that chart, REAL breakout stuff potential!!!

DYOR

combebank are the subsiduary trading name of the trafalgar .







ps still holding Styles&Wood!""

(

around 12:45, then by the time id actualy posted it, it had already gone up 20%.

So looks like plenty are buying in for another multibagger.


Also hinted at this weeks ago

Should have a good rise imo

[barnetpeter] 15/7/2016 22:24

hxxp://www.combebankhomes.co.uk/sandhurst-road-tunbridge-wells/index.html

I guess that news has leaked here. Progress on this 6 house project going well....

Nearly all buys it seems....

[mortimer7] 15/7/2016 13:47

Sudden spike in share price from midday, and now hit a 3 month trading volume high in less than 2 hours.
Wonder if results & an update imminent?

[grlz] 04/7/2016 10:19

results out later this month

[casablanca4] 01/7/2016 23:08

Hear Here!
GLA

[barnetpeter] 01/7/2016 17:41

Lots of new build here ...could be a great year. Look at the mkt cap.

hxxp://www.combebankhomes.co.uk/sandhurst-road-tunbridge-wells/index.html
Construction underway. Ready for occupation end 2016.


hxxp://www.combebankhomes.co.uk/vines-lane-hildenborough/page25.html
Construction is expected to commence Spring 2016 with availability for occupation December 2016 / January 2017.

hxxp://www.combebankhomes.co.uk/saxons_speldhurst.html
Build commencing June 2016

[barnetpeter] 18/6/2016 14:06

Bit of interest on Friday....lots of sales of property recently. Wonder if news coming?

[hope67] 30/5/2016 06:41

Posted on lse by Amina52 application refused

[grlz] 16/5/2016 13:20

Further to fall imho

[hoggie1] 04/5/2016 14:22

Crazy to buy this over 0.75!!!

[hoggie1] 04/5/2016 14:20

mms probably walking this down to 0.75 / 0.95

[hoggie1] 04/5/2016 14:18

Over-priced after recent rise

[look alive] 27/4/2016 13:29

Steady buying today. Allenby are forecasting profits of £900,000 pre tax for the current year. PE is less than 3.

[grlz] 22/4/2016 19:49

Trade was listed on ISDX @1.17 Good luck!

[fillipe] 21/4/2016 16:32

I bought back into TRAF today @1.17p, although my trade doesn't show up anywhere, including on my Level 2 screen.

gla

f

[barnetpeter] 09/4/2016 13:07

'The Company is delighted by the completion of the two projects at Ticehurst and Borough Green which means that market expectations for the full year will be met and Trafalgar will return to profit. We are confident that the difficulties we experienced in the first half of the year are now firmly behind us and that there are no further legacy issues.

We now look forward to entering into a period of growth and we anticipate FY17 being a strong year. There is a robust development pipeline which has a total gross development value of GBP7.8 million

[grlz] 08/4/2016 11:29

Peal Cottages @£500K each sold within a few weeks of being made available - Build costs mostly funded out of cash from CJ's deal on the last Oak unit (saving around £60K in interest) so the gross profit should be c.£450K

Cheap build costs as TRAF avoided using a detached house design so saving 25% on facing bricks etc. Site didn't need any new road / footways etc.

Station Road probably made a Gross Profit of £200-225K again design was fairly basic with minimal on-plot requirements.

I expect somewhere around £650-675K Gross development profits before adding planning gains from TRAF's 3 other site (land is in the Southeast so prices are high)

Trafs Gross Profit may hit c.£900K before group costs - £400-500K net maybe?

Quesswork based on QS experience.

[grlz] 30/3/2016 12:01

@barnetpeter, simple enough story here. TRAF has solid funding in place and a good pipeline of developments located in the Southeast coming on. Completed houses are selling fairly quickly once they go on sale. What's not to like.

[barnetpeter] 29/3/2016 23:44

A lot going on....a lot of cash coming in. Traf is a bit small and its not easy to see how it grows I suppose. Mkt cap smaller than some of these sales.

I estimate £5 million in sales in 2016. Not sure about profit...a million maybe is possible.


29A , under offer. 29B sold. Borough Green

Prices Pearl Cottages

Plot 1 - £525,000, reserved.
Plot 2 - £499,950, reserved.

Alexander Stables, Vines Lane, Hildenborough, Kent

Construction is expected to commence Spring 2016 with availability for occupation December 2016 / January 2017.

High Street, Edenbridge, Kent. Prices to be announced. 3 houses.

Ready for occupation 2016

Burnside Court, Sandhurst Road, Royal Tunbridge Wells

Construction underway. Ready for occupation end 2016.

[tyranosaurus] 10/3/2016 10:25

Checked out the Borough Green link.
Maybe good value for money but I wouldn`t have bought it.
Looks bland and ugly. No imagination shown by the architect.
Radiators look too small.

[hoggie1] 03/2/2016 09:05

TRAF have sold one of the Borough Green for the full asking price of £350K

hxxp://www.johnkingston.co.uk/property-detail/?pid=4017569

One to go at Borough Green, lot of interest according to agent.

£1.7m MK BARGAIN BUY!!!

[barnetpeter] 24/12/2015 16:17

2016 could be a big year for housebuilders...this and FRM....and they are cheap now.

Merry xmas to holders!

[barnetpeter] 15/12/2015 11:31

This is a reasonable statement in fact. The only concern is the low cash but should be able to get funding.

I sold a load in the 90's having bought at 60. Would like to see this fall back to the 50/60 levels to buy them back...which they might in the next few days. The company has a stack of projects in 2016/7 and looks a really decent punt now.

[barnetpeter] 13/11/2015 00:10

hxxp://combebankhomes.co.uk/sandhurst-road-tunbridge-wells/index.html

hxxp://combebankhomes.co.uk/edenbridge.html

I doubt 5p as this has disappointed the mkt too much....although that is just 10 million mkt cap.

1.5p is first target because that was the first placing price. A sharp one day spike is possible though esp on the back of this new news. This is a 4 million plus project.