Member Info for Breton59

I hope you are right but handing a house over in' due' of loan repayments doesn't suggest a healthy cash flow. The RNS is full of optimism for 2016/17 but the same can be said of the same sentiment for 2014/15. A contractor going bust is unfortunate but these guys are supposed to know the area and the business. One over riding fact, in two healthy years in the house building trade TNH has racked up a bigger loss on year to year trading. Although my interest in TNH is to support the management there does come a point when constant promises on future schemes that fail to 'pay' start to raise real issues on how competent this management team are. Planning approval in outline is simple , but the detail development is always tricky, hardly anyone wants new houses near them but TNH should know this, its not rocket science. Be prepared and do your homework. Finding excuses and being soft on missed targets can only go so far, Three years into a housing shortage in the SE its time to start wanting results.

Requires a lot of thought to read any RNS issued after the close of play on a Friday. Three years into the 'housing boom' and while everyone else reports good if steady progress TNH is back to the 'we hope to' . Another year with the promise of better days tomorrow. Korg is right to point to a niche market for TNH but that was the case when I first bought shares , three years on I don't need reminding I would prefer some progress. KORG when you arrive back on planet earth contact us.

It might be that a change on allowing Brownfield sites to go ahead will work but I've yet to see the small print. Councils and more likely local councillors are always going to be under pressure on planning permission. I suspect a large number of councils will be concerned at these proposals and many Tory councils will want to see the small print before it happens. This Govt makes headlines but always wait until the dust settles , we've been here before.With regards to TNH I believe we should start to see performance targets set so we know what we can expect if, or in our case already have put money in. At present its all hopeful comments but no real figures to measure on.

They may have plenty to be going on with but are they?. Talk is cheap, the housing market has several problems in the Southeast, firstly people are being priced out of the market, secondly a serious shortage of skilled labour. I'd be a more content shareholder if the finances are starting to balance. Once you ask the market for money you have a clear obligation to provide updates, not be chased as in the last six months. I have sympathy with Directors/ Management trying to keep promises, targets should always be achievable.... with a push, but 8% paid interest loans from family members and still no dividend or share price rise needs to change. Don't be too soft....results matter once you ask the market for money.

I understand your point but it still doesn't answer why two years ago, the company, not me , talked of a possible dividend then, two years on, not a mention, it does seem as though there needs to be a better control of the forecasting and finances.The dividend itself is secondary to the main issue, why in a two year growth in share price and profitability of other firms in the building sector Traf share price has dropped and we still have no idea about the finances , not the promises but actual facts . .I hope Traf New Homes is successful I have topped up several times. Two years ago the company stated it would remain in the Southeast where it 'knew' the market and prices. It had a good plan and a relatively 'niche' strategy, but in two years I would have expected more progress and better information over the last six months.

It was optimism in 2013 as well but nothing came of it. Talk is easy, this company is really trailing the market. I hope most of you are right and the sells are starting to come in but we heard all this two years ago. There is still no statement on a dividend and several contributors have questioned whether we are supporting a few individuals with our investment . If this company has control of its outgoings we should have a clear statement on the finances, the statement does not do this!. Don't be distracted by the noise focus on the real issue, where are we financially. I'm due to meet Eagle B tomorrow for lunch....we have much to discuss with this investment.

An immediate and sudden departure of any Chairman is not good news. I remain committed to topping up in BVM but this is not good news.

Two good years wasted, a talked about dividend that disappeared about 18 months ago and never been raised since, a deafening silence, no update and nearly July . For all the optimism this company has missed the boat. Its difficult to find a limited housing company that hasn't had two good years , some, have even floated back on the market. Regardless of the optimism there is something very disturbing about the lack of information from TNH. A housing boom we may have but somehow TNH appears to be at the rear end.

One point I should have made , before I 'jet off' with the wife is Belgravium Tech were the subject of a takeover last year. It didn't last long and was rejected before talks had started but it does show interest in Bel Tech from other sources.

I only have only part of the answer and a warning!.Toumaz have issued shares for two reasons that I know of, firstly to raise money within the 'City' rules and also there has been demand for the shares from the public ie institutions. You will see the major share holders are six?( I think) big investment institutions. Secondly they have a staff incentive scheme to raise the share price based on performance and therefore tie this into a staff share purchase scheme. Belgravium Technologies I only invest because I like the progress this company is making. However Premier Foods had too many shares after a difficult time in the market and arranged a 10 for I swop, one new share for ten old ones. In practice this is arranged with big institutions , we small holders of stock had no say. The Market closed Friday at I think at 17p and opened at £1.70p on the Monday, I bought some years before at 30p =£3 , current share price 40p, so there are pitfalls to watch out for. However, Toumaz are in no danger of this .Lloyds Shares are however in this position , nearly 10x the shares in RBS and Barclays 9 due to the takeover of HBOS) , so, I expect some adjustment next year in my holding.RBS did the same 10 for 1 swop but this has worked out fine for me. Hope this little helps.

Any update on the divi?, nothing on the company web site.

Well done, but you should not have to chase this company. If you want public money to work with its good manners and good Corporate Governance to keep shareholders updated at reasonable intervals. Its not daily, but most weeks you can see on TV people that have bought 'Brownfield sites ' and developed them with all units sold before building is complete. I agree getting planning permission is sometimes a long haul but you can normally gauge this before buying, simply by having a meeting with the local planning Dept. Outline planning permission is a first step but detail plans normally follow when you get advice from the local authority what would be deemed acceptable, normally in line with the Local Plan. Most Building shares have moved up over the last two years, Traf have dropped.

If we don't get an update we should all join hands in a circle and try and contact the living.

Wide awake! since my American daughter-in-law passed her British driving test , she has the car, so I'm up early to take my son to the station in my car . They will soon be moving to a new home near Birmingham, so back to a relaxing coffee and toast breakfast. Business of the day' will they, wont they'. As long as the firm starts to perform in the current housing market I'll be happy but its still two wasted years while others have powered on.

When I started to look to invest more in shares I but some money in bonds, I decided to pick firms that had weathered the downturn and looked in reasonable shape to 'catch' the upturn. Stilo are cash positive but I would never recommend a firm , its too dangerous because I'm a lucky novice...so far! . Belgravium Technologies came too light when several academics at my wifes Uni told me they were working on a 'paper' which suggested warehouse to doorstep or warehouse to store was emerging as the next big challenge in retail...about 2012 I think. I worked in engineering so it was all 'new' to me but Belgravium Technologies looked a good bet . Toumaz was a recommendation from the same group. One firm I left out was Inspired Energy, I only have one buy into this firm but if I had more money I would probably top up a little in IE. My wifes money is invested in Hargreaves Landsdown recommended SIPP. We have only been in it since November so until we have a years figures to work on its difficult to judge but currently in three investment firms within the SIPP my wife's money is up 5.7% . Mine is up 13.3 % but mine is heavily invested in the banks so its not balanced but that's my choice. Hope this helps.

Should have added two RNS notes one, Belgravium Technologies and Toumaz issued at 7.00am today, worth a read.

The information is distorted, I don't have anything like my whole investment in one firm. I started to invest about 2009 in Lloyds, RBS and Barclay plus Taylor Wimpey and Premier Foods . The smaller AIMS companies are Belgravium Technologies, Stilo, Toumaz, Christie Group, Aukett S****e and Traf New Homes.Only two companies are a problem, Premier Foods and Traf New Homes, both under performing, but the rest....TW worth the wait up 623% and paying 9p per share so far, Lloyds first divi this year and Barclay at 6.5 p per share last year. Stilo is just a good small company that I've bought shares in...in total I've invested just under 190k in shares but my total increase since 2009 is 62% since I started. The warning as you can see and rightly point out if all my money had been in Premier Foods I would be down 72%. I'm no expert I just apply common sense to buying shares . research and advice. Hope you decide wisely what to do.

Thanks for the piece on NovoIVC, I live in Leamington Spa and since investing in Belgravium Tech I have been interested in this part of the company, drive past it most days.. I'm always impressed at the young workforce, when I left work to take early retirement I found my very, very, basic ability on SAP and related systems quickly faded. Although I claim to my son and daughter that leaving work has left my IT Skills behind they both state , 'were you ever up to date dad!' ouch!. Kids need to be careful , you can always change a Will!!!. However, a really interesting piece thanks for posting.

Always interested in your assessments .I have topped up twice in Stilo, five times in Belgravium Technologies and three time in Toumaz. I'm an early retired, long term investor so its all about patience....and keeping as informed as possible!. Taking early retirement is always a gamble but I've never looked back and thanks to buying some key shares early in the recession I've found time for the AIMS listings. I will not tempt fate when this board is very quiet!!!!

I plan to top up but first top up will be inspired energy, just finished my fifth top up in Belgravium Technologies but Aukett S****e is on the chart.....but not just yet. Port engine brought to stand by!.Ready half ahead!!!!