Trafalgar Property Share Discussion Threads

[aimbagger] 10/7/2020 08:11

Chris Akers on board, bought in this morning for another ASLR/AAA type run

[topnotch] 10/7/2020 08:11

Wonder what the rules are for buying 51% and/or making a bid...

[casablanca4] 09/7/2020 16:03

Totally agree 'Topnotch'
What a shambles. They'll be converting it soon so 0.12p becomes 1.2p to keep us all happy.

[barnetpeter] 17/6/2020 08:52

Sure....its a dawg. No buying available. I have a couple of million I bought at below 0.15 last year and it seems this wont go broke for now at least.

The Surrey site must be worth a million or so. Hopefully, that will be nearly 2 million cash raised. Which is ok. What they will do with it....but it keeps holders in the game.

[letmepass] 17/6/2020 08:34

Don't forget wages, materials etc

[barnetpeter] 17/6/2020 07:58

More than mkt cap....


Further to the Company's announcement on 20 January 2020, Trafalgar is pleased to announce that Ashtead has now been sold for GBP687,500 and that funds received will be used for general working capital requirements and for other schemes that are either in the planning system or indeed being worked on.

The Company is also pleased to announce it achieved planning permission on its site in Epsom Surrey and that this site is under offer and going through legal due diligence.

[grlz] 12/3/2020 00:41

@JonC probably...Only a matter of time before these chancers drop an RNS announcing further diversifications into space, and plans to go to Mars...

[jonc] 11/3/2020 15:42

lol.

Are they growing skunk in the spare lofts?

[barnetpeter] 21/1/2020 23:46

cant argue with that

[costax1654x] 20/1/2020 14:57

I more think the other way around

[babbler] 20/1/2020 12:29

You are going to lose all your money there.

[costax1654x] 20/1/2020 12:15

orm expecting a great week,with the seller out!Mcap of 3 mil can not justify 5.5 mil cash and another asset without debts!Feel Sorry for previous shareholders who got the -70% drop after the sell of tungsten mine,but cash is twice the mcap without debts!

[barnetpeter] 20/1/2020 12:14

Family homes in that area of Surrey. We are looking at sale prices of over a million each. A lot of money and potential profit for a company with such a tiny cap. They might decide to sell the land on for a big profit. Just hit top mover but a big seller is around so sliding back

[tomboyb] 20/1/2020 11:53

Some of that was paid for the rns -

[costax1654x] 20/1/2020 11:51

They got only 20k in the Accounts

[bean02] 20/1/2020 11:44

Looks like there's more to follow though. 600k market cap

[tomboyb] 20/1/2020 11:40

construction of 3 new family houses -

Was it worth the RNS? -

[mortimer7] 20/1/2020 11:18

A positive....

[barnetpeter] 19/12/2019 23:12

Tough to know what is going on here. No cash....but lots of activity. They sold some land for 4 times the mkt cap for instance. The sold and for sale property is worth 4 million plus. But they lost 500K on the year.



During the period due to the lack of activity in the market generally it was decided to rent out the remaining unsold properties, Orchard House, Hildenborough and Burnside Court, Tunbridge Wells. These properties were transferred to Selmat Limited, the wholly owned subsidiary, properties refinanced and the bank loans repaid. All of the properties have been let out on Assured Shorthold Tenancy Agreements.

There was retained within the development portfolio of Trafalgar New Homes Limited, the executive detached house at Saxons, Speldhurst, Tunbridge Wells and the six houses under construction at Wellesley Road, Sheerness, Kent. Saxons has recently been sold for GBP 1.58 million and the six properties at Sheerness are complete and are now currently on the market.

At Staplehurst, Kent the Company appealed the refusal of its Planning Application for an Extra Care/Assisted Living consent and we currently await the result of the Appeal.

As regards the Options held by the group, planning consent has been forthcoming on two of the sites, one of which (Ewell) was sold during the period to generate a gross profit of GBP259,152; Planning consent has also been granted for a three unit scheme in Ashtead, Surrey and a sale has been agreed, which again, should show a healthy return.

[grlz] 02/9/2019 14:23

Asset stripping, or genuine moves to restructure the company's debt. Lets see what CJ does this month with the debt TRAF owes him...

What is amazing is the invisibility of action by Stocks & Treadaway. They look to all intents and purposes like a couple of oddball chancers who played pied piper and now appear completely out of their depth imho

[carla 1] 10/7/2019 09:54

HAHAHAHAHAHAHAHAHAHAH!!!!!!!!!

[ntv] 09/7/2019 16:57

Lucky old property developer walked away with the £230k non refundable deposit
I wonder who's mate he was?? Wtf pays a deposit that is non refundable in this day and age
Criminal imho