Watkin Jones Share Discussion Threads

[goodpick] 01/12/2022 11:24

Article in the FT today confirming student accommodation a one way bet

[christw1234] 01/12/2022 11:14

Students going to university increased 9% this academic year
There is a big shortage of student accommodation in some major cities.
WJG are well placed to meet this dem

[hybrasil] 01/12/2022 08:07

No good pick

I am talking about people in the business of forward selling property developments.


I know no one in, or involved with wjg

I ll come back here in about 8 months but I think it will take a year for reality to hit home

[goodpick] 30/11/2022 21:09

Hybrasil previously you were valuing WJG as a Reit or a property owning company - now you apparently have a mate on the inside who is sharing insider price sensitive info with you illegally ?

Do i believe you ? No.

Though its still possible forward sales are slipping but ill wait for the company ro confirm.

[hybrasil] 30/11/2022 18:37

I suspect the bollinger Cork will stay in the bottle for about 12 months but as I have said before will pop!
Heard again today from someone in the business that forward sales have slowed massively.

[sbb1x] 28/11/2022 15:20

Rose Above Upper Bollinger Band today: #DGE #WJG ...

[srpactive] 28/11/2022 14:42

Well lets hope so, a little at a time does me.

[sbb1x] 28/11/2022 14:13

Think this is ready to move higher...

[srpactive] 25/11/2022 19:32

A nice steady grind higher will do me.

dyor

[srpactive] 24/11/2022 16:37

A nice and steady close, chart starting to look quite interesting,
would be good to continue the grind to 110p.

Lets hope the sale of the two buildings are moving in the right direction.

dyor

active

[srpactive] 24/11/2022 11:53

Well based on the chart only, it was a good close at 101.4p above the
past recent high of 101p. Now a good move through a a grind higher would
be good, bought a few ( only small ) more.

dyor

active

[srpactive] 19/11/2022 20:32

Yes and let it continue, bought in at around 80p pe 5 and yield 10%.

Fingers crossed.

dyor

[hybrasil] 19/11/2022 09:22

Srp

I completely agree.

But if they do what will the share price be. It will be rated as a housebuilder.

The model is doomed.

Though you will note the market does not agree. The share price keeps going up!

[srpactive] 18/11/2022 20:13

They can change as they have over the years, could back to
building houses if required.

dyor

[hybrasil] 16/11/2022 20:17

I’m back

Have a look at the admission document. There was a plane on the balance sheet. One would wonder why. I think it was valued at £3m.

I go back to my argument that this is a speculative builder reliant on a very small number of transactions per annum. There is a very limited pool of buyers for this model.

Interest rates are going to change the ball park. The good news if you are a holder that’s it’s not too imminent. I think though by this time next year the news won’t be great.

Why otherwise would the founders (is mark 5th generation) get out. I ll tell you why - because an investment here carries a shed load of risk

[srpactive] 16/11/2022 19:28

Well we have had what I thought, now the consolidation before moving strongly
through 100p and much higher hopefully. Results in Jan so the in the know
will be getting into position.

dyor

active

[srpactive] 31/10/2022 09:15

A close above 94.8p and we could see another leg up
starting.

95p - 96.8p

dyor

active

[goodpick] 31/10/2022 07:51

The truth is not only have Empiric had been selling assets throughout the good times too.

They arent a very happy business generally and its interesting they are using the latest crisis to announce a pause

[hybrasil] 31/10/2022 07:30

I interrupt my self imposed silence to draw your attention to todays rns by empiric
“ due to market volatility we have largely paused acquisition activity”

[srpactive] 28/10/2022 19:44

The US markets booming, lets hope we move on through 100p
Monday.

dyor

[srpactive] 28/10/2022 09:07

Yes, decided to buy a few more this morning, only small
investments mind. My wife read that article to me last night,
thank you for posting bothdavis.

dyor

[bothdavis] 27/10/2022 13:01

BBC Report today: Durham University students have queued on the street overnight to secure a home for next year, amid claims of a lack of accommodation and rising rents.

Hundreds lined up outside estate agents in the city after lists were released.

Durham Students' Union described the housing market in the city as "broken" and claimed increasing student numbers were "putting students' welfare, and education, at risk".

First year undergraduates in the city have guaranteed university-managed accommodation but have to find their own housing after that.

Lettings agents in the city release available properties for the next academic year in a process known as "the drop".
Tom Richardson and Peter Thorne

[skinny] 26/10/2022 11:39

He / she is full of praise for other posters - you have to think it must be hard work being that negative all of the time :-

https://uk.advfn.com/forum/profile/mikesmythe#posts

[bothdavis] 26/10/2022 11:33

Cheer up...its a discussion board....they're discussing!!