Watkin Jones Share Discussion Threads

[2vdm] 24/2/2023 16:21

I think that when large institutional buyers look at these projects as investments, they are looking longer term and so short-term interest/inflation may have a lesser impact.

[riverman77] 24/2/2023 13:18

The BTR market is predicted to be the fastest growing property market in terms of rental growth - there is a lot of institutional demand for an asset class that can provide a growing and resilient rental yield. Short term disruption due to what happens in gilt markets last year but medium term the demand is very much still there.

[christw1234] 24/2/2023 13:05

Hybrazil
With respect I don’t think you understand the WJ target market.
The PBSA/BTR/ Co-living rental market is booming at the moment, and will be for the foreseeable future

[hybrasil] 24/2/2023 12:48

2vdm
Yes. But can they sell the completed product at a price the market has this company valued at. I don’t think so.

[hybrasil] 24/2/2023 10:48

RC

Start with the prospectus and see what they have sold since.The remaining shares are about 8% of what they had

[rcturner2] 23/2/2023 18:42

The family trust still has over 14m shares, hybrasil is talking bol.

[zangdook] 23/2/2023 16:06

Or maybe, if they're so good at predicting what is or is not a good investment, they used that enviable skill to diversify their holdings. When you're no longer involved in running a company you may not feel the need to be so focused on it.

[bothdavis] 23/2/2023 16:02

Unless they wanted to diversify investments, pay for retirement, holiday home somewhere warm, divorce or a nice wedding!

Families often sell out of their businesses, holding on makes it too painful.

[hybrasil] 23/2/2023 07:29

Christ
“If you buy the shares wisely”

That would mean buying them at a discount to NAV or roughly 50% below the current share price. Look what happened on Wall Street yesterday.

If I were a fund at the moment surely you would buy shares in a REIT such as SUPR yielding almost 7% without any of the headaches of actually owning the properties.
I believe WJG are going to find it very hard to sell their produce.

Still no news on the two deals they “expect to transact in 2023”

As I have said before if this was a good investment the watkin Jones family would still be here

[christw1234] 20/2/2023 12:46

You will never lose money on WJ stock, if you buy the shares wisely

[bighairyspider] 16/2/2023 10:27

1.3m buy this morning. More than double yesterdays volume yet the share price still dips. This was 1.14 a couple of weeks ago, and the only news inbetween being positive with a director investing. Seems the share price is being suppressed.

[bothdavis] 15/2/2023 14:04

Depends how you make your money.

I buy, hold, reinvest dividends, repeat, repeat..........

[petersinthemarket] 15/2/2023 13:26

If it wasn't irrational, we wouldn't be able to make money out of it.

[bothdavis] 09/2/2023 17:25

Look at many shares going lower despite FTSE at all time high!!

Some shares are out of favour....then for seemingly no reason come back again!

Market is irrational................

[janekane] 09/2/2023 16:17

Ok buts what’s happened now ?

[bothdavis] 02/2/2023 13:47

But, bouncing nicely off its low!

[goodpick] 02/2/2023 13:30

Yes thats why though needs time and news to confirm forward sales and margin improvement.


Lower interest rate outlook will help.

[srpactive] 02/2/2023 13:08

Only moved down today due to going xd, hopefully a good month ahead.

dyor

[wad collector] 01/2/2023 19:58

Strong buy for the NED who picked up 45,000 yesterday too!

[christw1234] 01/2/2023 18:01

Couldn't agree more, strong buy for me

[janekane] 01/2/2023 15:36

Yes I agree 2

[bothdavis] 01/2/2023 09:54

It was NOT a buy or sell recommendation on my part, merely acknowledging the article and the NED buy.

But, for all its worth....a strong buy for me at the moment.....

[wad collector] 31/1/2023 21:48

Bothdavis, I note that when you posted the IC article by Simon Thompson , you omitted the rather important bottom line which was that although the 7.2 percent yield made them an income play , the ltd capital upside makes them a HOLD. FWIW

[zangdook] 31/1/2023 17:05

ex 2 Feb

https://www.londonstockexchange.com/news-article/WJG/full-year-results-2022/15809250

[srpactive] 31/1/2023 15:46

Yes and a dividend too, xd 3 Feb, I believe.

dyor