Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
My concern is that this sweetheart offer was being discussed whilst the partnership talk was also going ahead. If the two companies who have signed the partnership contract knew what was in the wings prior to pen to paper then we, as stakeholders, should also have been informed. Interestingly i cannot locate any of the media reports on trading reports by Steffy. Have these been removed on a possible conflict of information that was being passed to us in the last trading report when the BOD,s knew that this would soon be rubbish and incorrect? They were forever going on about their excellent buisness model for the future growth of the company. I personally think that Peel Hunts SP of 350 is about right for this year, however, this does not include any premium, or goodwill for any takeover. So like a good British company TEF "diplomatically" rolls over and has its tummy tickled to maintain good relations.
Understand payment only to be made after detailed planning consent had been achieved
Interesting finish. Good sign for tomorrow?
We need some good news. At the moment it is just a constant falling as more and more investors become alarmed at the last update and the lack of info from new partnerships.
Someone is buying. Interesting Sp rise in a confused market. RNS shortly?
Sain, the SP down a further 40% in 2019! If TEF comes up trumps on EPS and maintains dividend for the current year that would put them on a pe 3 and a yield of 10%. Is that a reasonable assumption by the market for a company locking into the growth of the BTR market?
perhaps the investors are relooking at BREXIT and the implications of Canada/Norway plus or not leaving the EU which would be an excellent reassessment for the building sector.
I always look at the closing SP prior to company reports. Firewalls exist! Unfortunately I have always had problems with this assumption. It will be interesting with tomorrows results.
The market is differently spooked where London builders are concerned even though the TEF business model has been changing to BTR. 402 last Friday, now 334 after an update during the week, which contained some excellent gems for the future, indicates to me that investors are rapidly hauling up the drawbridge for cash.
When sells equals buys and yet the SP is falling >3% whilst the sector is raising something is happening in the backrooms
When I mentioned SP this, i know, is only an indication of what the market thinks the future might hold. What i am discussing is, whether to a BTR investor in the present market climate, buying a company is a better way forward than a partnership, especially one with a ready made BTR portfolio. The company builds its BTR portfolio and then in >5 years time, when hopefully this BREXIT has been resolved, you bring that building company back to the market to recover your original investment plus.
If I as a BTR investor and had a company approach me for a partnership whose share price, in the present market climate, wias showing it as being undervalued would I be thinking partnership or running my slide ruler over that company to see if it would not be better to buy. Especially if that company had an portfolio that was ideal for BTR.
The Market not expecting much from the trading report tomorrow looking at the SP!
28p into 550 =5%approx
We are going through the same cycle once again, London too expensive, all move out for a few years, then season tickets go through the roof, London prices stabilises, every body moves back into London as they are fed with the travel time so house prices start to climb again and builders rush back in. However, TEF and BKG are established for the next push up in both volume and prices. Last time we appeared to have lots of families from London in the Stamford and Grantham area which kept the local house prices rising.
Accommodation bigger, more communal and ice machines all over the place!
I believe that the change to the timeline of planning consent at 9 Elms in early 2018 has been due to changes in the positioning and design of the orginal concept for those accommodation blocks. Also, further considerations to changes might be if they are aiming the accommodation towards the personnel of the American Embassy, whom from my experience, expect a different approach from our present market.
Reported profit to exceed £50 for the coming year does not include 9 Elms as stated in trading statement. 9 Elms is not in development pipeline until planning consent and contract with Greystar signed.
Seems to have problems overcoming the 420 barrier. This is the second time since falling from the 475 achieved that it has rebounded from this level. Needs a good push to succeed like an IPRS RNS that TEF has been hinting on for a few months.
A slow rise all week and then the shortest way down.