Watkin Jones Share Discussion Threads

[farnesbarnes] 04/4/2024 16:16

The seasonal pattern of the price chart in the header is telling. There are generally sharp falls in share price mid to later summer (when PBSA projects are completing) followed by a gradual climb into January. Then a steady decline into summer. It's happened the last two years. I wonder how 2024 project completions will fare?

[blackhorse23] 02/4/2024 10:01

RNS the proof

[cardinal3] 31/3/2024 15:44

Interesting, pretax. I haven't seen any numbers lately but sense tells me getting vocational training so you can contribute from day 1 is a decent bet for kids these days unless you want to be in the City or a specialist science career. So on balance WJG are going to need to take care where they propose developments.

They also have an outstanding planning approval near where I am and there isn't a tertiary education facility in sight. I think they have pulled in their horns pending better financials.

[pretax2] 29/3/2024 18:19

It's a funny old world.
Here I am looking for a good dividend stock and trying to work out what Watkin Jones does. I'm looking for a home for my Voluntary Severance Scheme money having decided to leave a UK university. 600+ staff took VSS at the university and another 160 are being made redundant.
Why, well because students are shunning university education.
Why saddle yourself with a lifelong debt to qualify for a profession like Operating Department Technition or Occupation Therapist who have a fairly average wage on the whole. Overseas students (e.g. Nigeria) are also shunning the UK becuase their country has run out of dosh. With fewer students there's less need for student accommodation.
Meanwhile my research is suggesting that smart divi investors are piling into oil stocks like BP, Shell and tidlers like I3E. I've put a bit into these too.

[dixienormas] 20/3/2024 18:59

We will reduce rates before the US, pound will weaken and make the UK attractive to international students. Good for WJG

[ditchsid] 18/3/2024 10:06

Blackhorse23. Where's the proof?

[blackhorse23] 18/3/2024 01:51

Directors are selling??

[swiss paul] 15/3/2024 20:40

your having a laugh. Bad news only comes out on a Friday

[18bt] 08/3/2024 07:44

That’s a very late afternoon announcement. Presumably they decided that it was so price sensitive (or that it had leaked) that they needed to release immediately. Looks a very useful cash inflow.

[wad collector] 07/3/2024 22:04

Hope so 1 ultimate! But I doubt it , he bought 5 others that day. Mind you, who knows what quiet conversations go on?

[elsa7878] 07/3/2024 20:15

Impressive development going up in Bath and surprisingly fast if they have cash flow problems (?). FWIW. Not a shareholder.

[1ultimate] 07/3/2024 19:37

Insider dealing by any chance?

[wad collector] 07/3/2024 08:19

My wife's broker just doubled her holding here, too hot for me but he is often right. Student housing is a profitable business , but only in the right towns. Hard to tell from their portfolio if they have chosen well.

[blackhorse23] 16/2/2024 16:41

https://www.thisismoney.co.uk/money/mortgageshome/article-13082495/amp/Where-UK-house-prices-officially-fell-2023-areas-bucked-trend.html

[skinny] 16/2/2024 11:16

LATEST NEWS - yesterday.

[blackhorse23] 16/2/2024 10:21

UK fell into recession , LATEST NEWS

[skinny] 02/2/2024 10:07

FWIW :- Jefferies raises Watkin Jones price target to 50 (45) pence - 'hold'

[value viper] 31/1/2024 15:32

Not exactly the director deals I was hoping for but it seems to be assistingIt's alright for some mr CEO and Mrs FD

[value viper] 29/1/2024 13:29

Make that disappointed .....

[janekane] 24/1/2024 06:14

Well that wasn’t hard to predict prior to the report

[blackhorse23] 23/1/2024 16:04

Dividend cancelled ?

[value viper] 23/1/2024 15:16

I am assuming the top brass will imminently buy decent amounts of shares - results are out - I see no excuse

[farnesbarnes] 23/1/2024 14:44

propaganda

[christw1234] 23/1/2024 11:33

Every confidence in Mr Pease he knows the business inside out
He was Mark WJ's right-hand man on floating the company