Share Name Share Symbol Market Type Share ISIN Share Description
Watkin Jones LSE:WJG London Ordinary Share GB00BD6RF223 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +2.10p +1.06% 200.50p 201.00p 203.00p 207.50p 196.00p 205.00p 389,009 16:35:13
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate 301.9 35.8 14.0 14.3 511.81

Watkin Jones Share Discussion Threads

Showing 1426 to 1450 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
19/4/2018
13:05
Nice one Peel Hunt.
adelwire2
19/4/2018
11:48
Peel Hunt today reiterate their Buy and 230p target: Http://investing.thisismoney.co.uk/broker-views/
rivaldo
17/4/2018
09:24
The Fool's writers are certainly keen on WJG :o)) Https://www.fool.co.uk/investing/2018/04/11/why-id-sell-this-neil-woodford-8-yield-and-buy-this-stock-instead/ "Why I’d sell this Neil Woodford 8% yield (and buy this stock instead) Royston Wild | Wednesday, 11th April, 2018" Extract: "I would be far happier splashing out on Watkin Jones (LSE: WJG), instead. Like Saga, the student accommodation provider is favoured by Neil Woodford and, in my opinion, looks to be in better shape to meet broker expectations for chunky dividends. Watkin Jones continues to busily expand, cottoning on to favourable dynamics in the market. It currently has a development pipeline of above 9,800 beds, of which 8,300 have already received planning consent. City analysts are forecasting earnings growth of 8% and 6% in the years to September 2018 and 2019, respectively. And these figures lead to predictions of dividend expansion from 6.6p last year, to 7.4p this year and 8p next year, meaning yields for these years stand at 3.8% and 4.1%. An ultra-low forward P/E ratio of 12.8 times underlines Watkin Jones’s brilliant appeal, too."
rivaldo
16/4/2018
12:29
Totally agree with Woodford.
adelwire2
16/4/2018
10:28
Featured here as a buying opportunity: Https://www.fool.co.uk/investing/2018/04/05/2-cheap-neil-woodford-dividend-stocks-id-buy-for-my-isa-today/ "2 cheap Neil Woodford dividend stocks I’d buy for my ISA today Roland Head | Thursday, 5th April, 2018 This could be safer than housing If you’d like some exposure to UK property but are concerned about the housing market, student accommodation specialist Watkin Jones (LSE: WJG) could be an ideal alternative. The Watkin Jones share price rose by nearly 4% in early trade this morning after confirming it’s on track to meet full-year expectations. All of the student developments due for delivery by summer 2018 have now been pre-sold to landlords, as have some of those due for completion by summer 2019. In total, the company has secured planning approval for over 8,300 ‘beds’ from its pipeline of 9,800 beds. Watkin’s build-to-rent housing business is also growing. The pipeline of sites with planning approval has risen to 700 homes during the six months to 31 March. The firm now expects to build 1,500 homes over the next five years. Why I’d buy The shares have fallen by about 15% since mid-January, when chief executive Mark Watkin Jones announced plans to stand down after 15 years in charge. I’m not too concerned by this. His departure is being carefully managed and he intends to remain available to the firm for advice. I think the weakness we’ve seen so far this year could be a buying opportunity. Unlike conventional housebuilders, this business is focused on the more buoyant student accommodation sector, which should provide stable long-term demand. Alongside this, the company builds houses for large rental landlords, another area where demand is growing. Taken together, I expect these operations to provide fairly reliable profits. And with the shares now trading on just 12 times forecast earnings and offering a 4% dividend yield, I believe this stock deserves a buy rating."
rivaldo
14/4/2018
08:08
Expansion of build-to-rent, especially outside London: Https://www.ft.com/content/633ad0e0-3e74-11e8-b9f9-de94fa33a81e
jonwig
12/4/2018
20:29
WJG put forward some numbers in their planning application in support of justifying the need for more student accommodation in Bangor: Number of full time students (A): 9,005 No. of beds in halls of residence: 2,407 No. of beds in existing PBSA: 795 (of which 345 are managed by Fresh) Total no. of existing beds (B): 3,202 No. of PBSA beds in pipeline: 131 (includes the 36 in WJG's latest application) No. of full time students without access to halls/PBSA (=A-B): 5,803 That looks nothing like saturation to me!
bestace
12/4/2018
20:12
Sorry for off topic Rivaldo have you an opinion on OMG. TIA.
basem1
12/4/2018
16:38
Watkin Jones have been building Student accommodation in Bangor for decades, so it is not surprising that it would eventually reach saturation point. The city has acted as a test bed and proving ground for their hugely successful business model. It should be decades before the rest of the UK is saturated!
llwyd
12/4/2018
15:28
Ok Rivaldo! Just want the gd news in the share price asap
adelwire2
12/4/2018
15:07
Gung-ho about this company. And have been since IPO. Shame that MWJ is leaving but I have every confidence and am certain the Board will attract a new CEO of equally high calibre with additional/complementary skills to take the Company forward rapidly. ALL IMO. DYOR. QP
quepassa
12/4/2018
14:44
Because yesterday there was a seller in the market and today there are buyers?! Because people have now read the IC article and are reacting? Who knows.... Such questions are pointless - no-one will be able to answer definitively. If you're confident in the company - as I am for one - then just hold and wait.
rivaldo
12/4/2018
09:26
Gd to see but why today not yesterday with the excellent IC recommendation
adelwire2
12/4/2018
09:15
Showing a bit of life today, almost 200p again. More to go here.
its the oxman
11/4/2018
10:48
"Robust" trading statement
adelwire2
11/4/2018
10:25
No reaction in the price to that unfortunately
dov
11/4/2018
10:11
Tipped by Simon Thompson in the IC: "Watkin Jones (WJG:190p), a construction company specialising in purpose-built student and private rented sector (PRS) accommodation, has issued a robust pre-close trading updated ahead of its half-year results on Tuesday 22 May 2018. The company has a pipeline in excess of 9,800 student beds, of which 88 per cent have planning consent. All 3,415 beds scheduled for delivery in the 12 months to the end of September 2018 have been forward sold, which underpins Peel Hunt’s forecast that revenues will rise by 15 per cent to £345m and boost pre-tax profit by 9 per cent to £47.8m in the period. On that basis, expect EPS of 15.2p and a 10 per cent hike in the dividend per share to 7.3p. Importantly, the pipeline is equally robust as Watkin Jones has already forward sold all 2,675 beds at five of the seven schemes in development for delivery ahead of the start of the 2019 academic year. It’s also actively marketing a number of schemes to institutional investors for delivery ahead of the 2020 and 2021 academic years, and reports strong demand, adding weight to analysts’ forecasts of a further ramp up in revenue to £413m in 2019 and £478m in 2020. The company is developing five build-to-rent residential sites, too, another lucrative source of income. On that basis, analysts at Equity Development and Peel Hunt expect EPS and dividends per share to increase to around 16p and 8p, respectively, in the 2019 financial year, rising to 17.6p and 8.6p the year after. True, the shares have drifted slightly since I last advised buying at 207.5p ('Six small-cap plays', 22 Jan 2018), having first recommended buying at 103p when the company floated on Aim ('A profitable education', 3 Apr 2016). One reason for the pullback is because chief executive Mark Watkin Jones sold 1.5 per cent of the shares in issue at 195p in early March and is stepping down from his position, as I flagged up in January. However, the share sale was only made to facilitate the financial settlement of his divorce and the Watkin Jones Family still retain a hefty 27.6 per cent stake, aligning their interests with those of outside shareholders. Moreover, the shares offer a prospective dividend yield of 4.3 per cent for the 2019 financial year and are only rated on 10 times cash-adjusted forward earnings after stripping out a burgeoning cash pile that could be worth 25p a share by September. A trading buy."
rivaldo
10/4/2018
16:17
@ rivaldo - 'expert at obtaining ...'. 100% record, I think.
jonwig
10/4/2018
15:27
Cheers. I thought it was irrelevant as (a) WJG got the permission, (b) it's 36 beds as you say, and (c) it's assuming there will be further such developments of empty properties, which there probably won't be. The approval is the salient point. WJG seem to be expert at obtaining these.
rivaldo
10/4/2018
14:39
Thanks rivaldo, but see last para underlined, which you appear to have overlooked: Bangor City Council objected to the development at Plas Llwyd Terrace on the grounds that the city is already suffering with an over population of student accommodation and there are many empty properties of this proposed type, further developments would exacerbate this problem. Only 36 beds anyway!
jonwig
10/4/2018
13:38
Another planning permission success.... Http://www.thebangoraye.com/planning-approved-former-bangor-nightclub/ "Planning approved for former Bangor nightclub and more student accommodation Posted by The Bangor Aye | Apr 9, 2018 | Student Accommodation Planning permission has also been extended for the development of a 36 bed student accommodation by Watkin Jones Group, at the former Victoria Building Land, at Plas Llwyd Terrace, Bangor. The site is located within 100m of Bangor High Street and the City centre; the former Victoria Buildings is located in an elevated position at the top end of Plas Llwyd Terrace, which contains a Gwynedd Council owned and managed public car park which is located directly to the front of the site. All buildings on the site were demolished several years ago and the site is currently vacant, planning for the development was originally approved in 2013 but has now been extended for a further 5 years until 2023."
rivaldo
06/4/2018
11:30
Jeffries £2.50.
adelwire2
06/4/2018
06:47
Citywire: Jefferies backs Watkin Jones management An update from construction and development company Watkin Jones (WJG) has renewed Jefferies' confidence following the stepping down of the chief executive. Analyst Anthony Codling retained his ‘buy’ recommendation and target price of 250p on the stock, which jumped 4.1% to 188.6p yesterday. ‘The price of Watkin Jones shares have fallen by 20% since the announcement of its full-year results on 15 January,’ he said. ‘The financial results were a touch above our expectations, but came with the announcement that the chief executive had decided to stand down.’ He added that its update ‘underpins our confidence in the bench strength of the team’ despite still awaiting news of the succession plan. ‘It seems to us the understudies have learned their trade well and the first act of 2018 was a powerful one,’ said Codling.
jonwig
05/4/2018
14:31
@ rivaldo - thanks for reminder. I think I missed that RNS!
jonwig
05/4/2018
13:59
rivaldo, thanks,you are correct and I completely forgot about that.Hopefully once the new appointment issue is resolved this will recover swiftly. I'll top up on the dips having bought quite a lot more in the 170s to add to my LTHs.
2vdm
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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