Telford Homes Share Price (TEF)

http://www.rightmove.co.uk/news/files/2013/05/may-2013.pdf

Did a bit of profit taking last week only to see the sp rise got that one wrong back in this morning.

Terrace you seem to take a polar opposite approach to Microfilm who questions every bump and turn along the route You are right but it is a question of deciding when this share is going to go ex-growth .Their success has now put themselves in a place where they couldn't have foreseen in their wildest dreams 4 flats left in this financial year(less than 2 months old) to sell apart from a few penthouse apartments they are holding back purposely. The results and further statement t will surprise even the most optimistic posters here.Market prices in their pond according to my local sources have motored in the last couple of months Their larger land purchases like Bow Trinity and Matchmakers have been owned for some years and I guess the site costs have been already absorbed.I guestmate that about £60/70m will be returning back into the company coffers enough to fully pay out the building works on Stratford Plaza from (Avant Garde Abode Bow Trinity Panoramic) this year An earlier poster has maintained that the growth has already been factored in I dont think that is the case as stated in the trading statement that sales have reached "unprecedented levels" 2014/2015 should see profits move above £14m and perhaps this time next year might be a time to leave the ship or take a bit of a profit if the share price has soared past 330p I have topped up this week at 245p and 246p in my SIPP

ok,so you have already bought in.Let the company tell you on 29 May whether that was a smart move.Then wait until October for the next trrading statement to confirm the wisdom of your investment.Repeat the process every 6 months.If you dont need the money,do nothing,for a number of years if necessary and only question your holding when the companys trading results disappoint you.Ignore the daily,weekly,monthly,yearly share price,forget about junping in and out and profit taking.Relax and let this company look after you over the very long term.Simples.

Hope this is the sustained push to 280 I've been expecting. Tired of these retraces. We have been lagging the sector for a month. Time to play catch up.

Maybe my luck is turning. Sanie i should of stuck with Belvers bailed out way too early(Doh!) Live and learn eh.