Updates

Telford Homes - Planning delay to impact FY17

June 2015

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The outcome of the General Election has provided a shot in the arm to the housebuilders – not least of all Telford, up 41% from our buy last October at 342p. Full year results were excellent with a strong performance at every sales launch being seen. Overall including affordable housing, there were 661 units sold in the year (2014: 515) giving rise to sales of £25.1m. Of these, the open market properties fell to 374 from 492 due to timing issues.Underlying build costs were up by 5% (particularly bricklayer rates and concrete) but was more than covered by underlying house price inflation with the average open market sale increasing to £459,000 (2014: £400,000), although there was ...

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Fusionex - Higher than anticipated GIANT win rate

XL Media - Confirms strong start to the year

Telford Homes - 350p cash bid from CBRE (August 2019)

Telford Homes (March 2019)

Telford Homes - Eps forecast for current year is 55.7p (May 2018)

Telford Homes (January 2018)

Telford Homes (May 2017)

Telford Homes - Reservations remain strong (November 2016)

Telford Homes - Well on track for £50m pretax profit/eps 53p by 2019 (July 2016)

Telford Homes - Second PRS deal signed (May 2016)

Telford Homes - Signs first PRS deal (March 2016)

Telford Homes - Forward sales up from £550m in March to £685m (November 2015)

Telford Homes - Budget improves planning scope (August 2015)

Telford Homes - Volumes and selling prices still rising (May 2015)

Telford Homes - High confidence in the year ahead (January 2015)

Telford Homes - £120m cumulative profit to come over four years (October 2014)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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