Fourprinces28 Nov 2017 08:52
Not much, more hot air than factual research. The entire supply chain required to get anywhere near 300,000 new starts is miles away. I doubt the skilled labour required is enough . The Budget options will not impact much on Traf with its current problem moving property. This company requires a new management team and fast. Another year wasted,, another failed year to sell any properties of any size,
The Business model of Traf is simple, good and required for 'Brownfield' sites yet the current team have struggled for years to keep a cash flow going. I've sold two thirds of my shares at a small loss, the rest from 2013 are worth holding in the hope some of the value can be regained. Regards the company I would forget any dividend and pay down the debt before we all lose out.. As for the Staplehurst site I cannot understand why Traf is obsessed with this development. Its been hanging around for years, going nowhere and for a company that cannot shift small developments its a mighty big leap of faith to think this site can bode well. Still, I'm holding my remaining shares in the hope 'Things can only get better' now, where did I hear that before?.