Watkin Jones Share Discussion Threads

[bubloo] 18/1/2022 21:53

when is ex dividend date please

[greenhorn54] 18/1/2022 16:57

My only blue of the day. Thanks WJG ?

[hopefuldave] 18/1/2022 16:44

Good day in the end.I’m hopeful for the future.good luck to all.

[skinny] 18/1/2022 16:37

A positive close on decent volume.


free stock charts from uk.advfn.com

[clausentum] 18/1/2022 12:52

I hope Questor has seen the results, a recommendation from a popular source might help the share price

[dicktrade] 18/1/2022 12:40

I looked on WJG website and nothing on there apart from todays report.

[dicktrade] 18/1/2022 12:39

Very odd , I didnt think it looked right at the time, but was expecting WJG to be up not down so thought it might be related .

[zangdook] 18/1/2022 12:32

"a series of alerts" sounds like some sort of commentary published by someone else - not an RNS and nothing to do with WJG themselves.

[alter ego] 18/1/2022 12:15

just checked London Stock Exchange web site - can't see that RNS. Can't access the Stocko site, not a member.

[alter ego] 18/1/2022 11:56

Cannot find any such RNS, can you provide a link please.

Progressive Research note worth reading, albeit paid for research. Lots of useful info no doubt in collaboration with WJG.

One aspect worth pasting here:

"Perfectly placed for BTR as investor demand outstrips supply. There is growing evidence, in our view, of sharply rising demand among international institutional investors for BTR assets, but with only limited supply in what is still currently a nascent sector. We believe that WJG is uniquely placed to satisfy this demand, as a ‘delivererR17; rather than holder of rental property, with a highly honed development model."

[dicktrade] 18/1/2022 11:46

Did any one see the RNS about some of the numbers being wrong?
has this upset the market? I thought this would have ticked up a bit today, although today is a down day so far, so may be that is the reason. I was happy with the numbers

[dicktrade] 18/1/2022 11:44

HD
atm the spread is .6% ,262-263.5 , dont take any notice of early morning (8.00-8.30) numbers.
It is a liquid share so normal spread is usually OK.

[hopefuldave] 18/1/2022 11:31

As a fairly new investor, I’m in now after reading the results.I must say though,I hate the spread.oh well,I’ll get it back come divi day.Happy new year.

[rik shaw] 18/1/2022 08:12

The final dividend proposed for the year ended 30 September 2021 is 5.6 pence per ordinary share and will be paid on 25 February 2022 to shareholders on the register at the close of business on 28 January 2022.

[skinny] 18/1/2022 07:14

.

Key Highlights

-- Revenue at GBP430.2 million, up 21.5%, reflecting increasing contribution from our BTR developments and a strengthening institutional investor forward sales market

-- Operating profit at GBP57.3 million, up 10.8%, underpinned by strong operational delivery and tight cost control

-- Strong cash generation and liquidity position; GBP124.3 million net cash as at 30 September 2021

-- Full year dividend of 8.2p, up 11.6%; in line with policy of 2.0x cover
-- Work on 13 current developments on track; overall build costs remain within forecasts
-- 22,200 beds under Fresh management, up 10%
-- Record residential for rent secured development pipeline at GBP1.8 billion, up 20%
-- Continued progress on Affordable Homes
-- ESG credentials successfully formalised with launch of 'Future Foundations' ESG programme
-- Trading in the new financial year in line with expectations

[walkernbudgie] 18/1/2022 07:10

We have and the main point is as follows:

From an initial review of our mid-rise leaseholder residential schemes none were principally clad
with either ACM or HPL cladding.

Nothing to see with regards cladding - all good

[clausentum] 17/1/2022 10:48

I hope we get updated clarification of cladding liabilities tomorrow!

[dicktrade] 13/1/2022 17:25

And final div announcement too 8-))

[clausentum] 13/1/2022 16:12

Results next Tuesday!

[goodpick] 12/1/2022 10:03

It’s potentially due to the attack on developers due to cladding

[2vdm] 12/1/2022 09:51

I'm not sure about a retrace unless it is a result of the market overall. I suspect we will see a rise from here towards the results and then perhaps a small retrace on the news which I expect to be good. If so, I think the 260p level will be the base for the next leg up towards 300p. Just my view, but this is a well-managed company in the right sector

[r2oo] 08/1/2022 09:52

I think we'll have a retrace back to 250p first looking at the 1yr chart trend.