Trafalgar Property Share Discussion Threads

[nw99] 25/9/2013 16:20

2m shares traded

[cammy3] 25/9/2013 16:19

Something cooking that's for sure

[dwalton] 25/9/2013 15:58

Anyone know what the situation is regarding planning application for Staplehurst site? Has it been submitted?/decision awaited? This would be a game-changer for TRAF if planning is granted. I believe 53 high profit homes as cost of the site was "extremely advantageous".

[cammy3] 25/9/2013 14:58

Plenty on the bid which is a b good sign

[nw99] 25/9/2013 14:19

Nice move in TRAF here again

[nw99] 24/9/2013 15:14

Good move up today

[barnetpeter] 23/9/2013 19:03

Yes and things are going great. What they need to do is to buy more land and build more for future years. A bit thin at the moment.

[zed2002] 22/9/2013 12:19

Cammy3,

I don't think we will get an update till they have sold more than 80% of the Property. You can see the progress on their website.

[cammy3] 22/9/2013 09:46

Lets hope for an update this week re oak hurst

[zed2002] 21/9/2013 12:13

All,

First sale made at Oakhurst Park Gardens. Near top end of the market. £615,000. Showroom opened today.

[jailbird] 16/9/2013 15:17

just watch the short term policies coming out..to win votes for next election...so transparent.

[blueball] 16/9/2013 13:21

House prices expected to triple against expecttions on 2013.

[stanmore2] 13/9/2013 12:28

The tories are hell bent on prices going up by 2015 to make us all feel good (or at least make tory voters feel good!)

[shareho1der] 13/9/2013 12:15

Bad News: Bank of England to cap house price increase at 5% to avoid housing bubble .

[dwalton] 10/9/2013 15:00

I am not normally a conspiracy theorist, but the move of the bid down to 4p has all the hallmarks of a "tree shake" to me.

[flashheart] 10/9/2013 08:54

You're quite correct dwalton.

[dwalton] 10/9/2013 08:53

Don't be put off by reported "sells". Current bid/offer spread 4.25p-5.00p but just bought again at 4.45p.

[blueball] 08/9/2013 17:34

I hold from 3p so 8p would be great.

[flashheart] 08/9/2013 16:00

I would expect these to challenge the recent 8p highs in the not too distant.

[blueball] 08/9/2013 14:47

Beginning to show some life after the initial spike and recent subdued fall.

[dwalton] 04/9/2013 10:52

Agree that the headline spread is designed to deter buyers (because the "free float" is so small) but, can actually be bought well within the spread... indeed as the earlier posts show, over the last couple of weeks has often been able to be bought at below mid.

[mortimer7] 04/9/2013 09:56

Agreed, and a good tick up (11%). House building sector doing well.
Main issue at the moment is the daft spread 4.25/5.25.

[nw99] 04/9/2013 09:01

Good to see buyers as this share looks well undervalued

[dwalton] 30/8/2013 08:25

There is however, one flying elephant waiting to drop stuff on us....

The CEO holds 81.7% of the shares in this company.

Despite reading all of the information I can, I can't find any mention of a "lock-in" commitment.

My guess however is:-

a). No sale of these shares is likely until the anticipated profits for 13/14 have been realised in the share price (which, on a p/e of 20 equates to around 12p per share) - Why would anyone sell at a time when reasonable "value" is unlikely to be achieved.

and,

b). Because of the size of his holding and the very small free float, any sale is likely to be achieved by private placing of his shares, rather than by sale through the market. - This wouldn't impact directly on the share price at the time.


As always, good luck and DYOR.