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Formation Share Chat (FRM)



Share Price: 6.75Bid: 6.50Ask: 7.00Change: 0.00 (0.00%)No Movement on Formation Grp
Spread: 0.50Spread as %: 7.69%Open: 6.75High: 6.75Low: 6.75Yesterday’s Close: 6.75



Share Discussion for Formation Grp (FRM)


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Babbler2
Posts: 18,742
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:6.50
Damn
20 Jul '15
Just checking in. I commented here when it was less than 2p how good it was. Could have tripled my money. Hey ho.
 
Kensington
Posts: 900
Off Topic
Opinion:No Opinion
Price:7.50
Fonter
9 Jul '15
4 million profit sounds excellent and hope you didn't lose much on the other share, hopefully we see more blues tomorrow on FRM . Best regards
fonters
Posts: 3,027
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.50
FRM
8 Jul '15
Thanks for your words re the other share! Was out all pm and evening, so didn't see the action there or here. Initial thoughts on our RNS - I've done quite a bit of new build development, as a very rough rule of thumb, development works on 1/3 for land cost, 1/3 development cost and 1/3 profit. So 98 units at 300k sale on average (ish) should be almost 10mln profit. 40% to FRM makes them c.4mln to me. Not a bad deal is it? FRM deserved to have a decent rise today - maybe it will come tomorrow as so often happens!
Kensington
Posts: 900
Off Topic
Opinion:No Opinion
Price:7.50
That
8 Jul '15
A lot of money once all sold and 40% of profit , still looking at several millions, a little disappointed the share didn't move much today but dipped, hopefully over the comming weeks will move north again as its done over the past several months
ne14t
Posts: 890
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.50
1 bed flats
8 Jul '15
are £285,00 and studios are £260,000
ne14t
Posts: 890
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.50
Instant cash in
8 Jul '15
for the next acquisition

From the RNS :

As at 7 July 2015 the majority of units in the development had been reserved. It is anticipated that approximately half of the units will be completed by the end of August 2015 and the balance completed by the end of September 2015
Kensington
Posts: 900
Off Topic
Opinion:No Opinion
Price:7.50
Fonter
8 Jul '15
Sorry about the other shares , thought it was good news but the market didn't take it well EUA , best regards
ne14t
Posts: 890
Premium Chat Member
Off Topic
Opinion:No Opinion
Price:7.53
Bought in
8 Jul '15
on the dip today as it's a cracking RNS
Kensington
Posts: 900
Off Topic
Opinion:No Opinion
Price:7.95
Mm
8 Jul '15
Are clever showing two delay sell for 6.20 , that must be from yesterday price a little down but it should close north with a blue





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