Trafalgar Prop Share Price (TRAF)

https://youtu.be/Vk7i0hO3m_A

this will fall further in coming days ....will try to buy some may be 0.10/15

From day one this has been a disaster company. It has lacked building knowledge and those at the top have failed to manage the business and to make money from a positive house building climate. There was a massive issue of shares to move into the retirement sector that brought nothing tangible, only drawings and hope. There is nothing to justify buying so you then need to consider holding the stock or selling at whatever price because that will be what it is worth, on paper or in the bank and as there is little foundation to build on any decision is not difficult IMO

retirement homes ...!!!!!!!....little value .... must refocus there are 3 miiiion would be students wanting to come to uk universities whats stopping them ???? lack of apartments ....build and they will come..........

(Alliance News) - Shares plunged in Trafalgar Property Group PLC as it said it has not been able to secure full funding to acquire a 1.3 acre assisted living development site in Camberley, Surrey in the required timeframe.

Shares in the property firm were 36% lower at 0.21 pence on Tuesday.

Although negotiations with lending institutions have been taking place, terms could not be definitely agreed before the deadline on Tuesday, which had been required to complete the acquisition of the site.

As a result, Trafalgar Property has how lost its non-refundable deposit of GBP230,000 on the exchange of contracts.

In late June, Trafalgar said it had secured a potential offer for bridge funding for the GBP2.3 million acquisition of the Camberley site, since negotiations with lenders were "taking longer to finalise than expected."

Looking ahead, Trafalgar said it remains focused on its retirement home strategy, with planning lodged for its Epsom and Ashtead scheme and expectations of submitting planning for its Send Barns scheme later this week.

"Whilst it is regrettable that the company has not been able to secure appropriate funding for the Camberley site, the board remains absolutely committed to pursuing its strategy in retirement homes and is actively targeting other prospective sites for development," said Chair James Dubois.