Member Info for ismalia

We have held this site for some time and it would be helpful if this could start soon together with positive news on Staplehurst.

I think that TRAF is well under most investors radar with perhaps no more than a couple of hundred holders. If we get a good forecast tomorrow for the current year then Allenby will perhaps do an upbeat note for their clients and the PR guys will ensure that the media cover the story. Liquidity is so thin but on good prospects the MMs will no doubt push the sp to a higher level even if the spread remains the same. From the Chairman's upbeat update it looks as if he is very confident about the future - he has about 78% so that must be good for small investors.

Interesting to note that the bid has improved from 1p to 1.10p

We seem to have some interest today but surprised there hasn't been more. Perhaps the results and the forecast will see 2p on the board later in the week

Very much undervalued IMO - there is no debt at all and they could pay 11p per share out in cash and still retain their investment which is worth about 40p a share. Also the business is set up in Singapore - a growth area and is backed by some very well established investors. Interims are due next month so we may get an update regarding the sale of the rig.

Also JPT why bring a small family business to market where the Chairman who is 70 and holds some 78pc if you are not looking to scale the business by an RTO? Surely you would keep it in the family and not incur the demands of the market and associated costs. Of course if the forecast eps of 0.4p per share can be achieved for March 2017 there could be a sp of 4p on a pe of 10 making the paper worth using for an acquisition. Wednesday will be interesting.

JPT - I cannot see anyone in the sector buying TRAF as a company as it has little to offer. But I do see a company within the sector wanting a quote and reversing in. I am sure the Chairman would be happy to dilute his holding but remain in the Chair. There must be several small developers with T/O of up to say £20m pa with owners who would like to have more exposure to capital markets. If not TRAF will grow, but more slowly so an acquisition would be a must IMO. For the time being I am confident we can expect good news and an upbeat note from Allenby.

I think it is the collective holding of the Chairman and Directors that have the 80% but I feel that the Chairman could be happy to have his 78% diluted if he could find the right acquisition. TRAF is made for a RTO in my opinion but perhaps only when there is seen to be existing potential which they now seem to be on course for.

I think it will also be wise to hold for the interims in December - not too long now - as I feel they would have already had a re rate to the 2p+ level. I hold a little under the 2m but will buy in a few more this week at current levels. The Chairman has about 80% and other Directors are under water at 2p so picking up a few hundred K can be difficult.

IMO well worth a buy even up to 1.20p. Results should show a little profit as indicated at update but the forecast for 2017 is the important information we need. This should indicate Y/E March 2017 profit will be well on its way to meeting the Allenby earnings forecast to justify a sp of 3.2p.

It will be the outlook that will be the driver here as we know that TRAF will only show a modest profit at the year end. It's all about the year to March 2017 and beyond. A sp up to 2p is worth a buy and hold for the next couple of years. Allenby will be keen to see their target of 3.2p met

Expected before the end on the week - 29th and should provide a good indication of how trading is expected to go for the current year. If the Chairman can reinforce Allenbys' forecast of a good current year then the sp should be capable of being lifted to at least 2p ahead of the interims to the end of September. If Staplehurst is still on the cards then this will boost prospects as will the picking up of small parcels of land from larger developers. Potential for a rerating in any event IMO.

£106,200 according to the RNS

Good that the Chairman is to waive interest on his loan. Clearly does not need the money and is keen that TRAF is not burdened with extra costs at this stage of its development.

It's a question of when the hand over of the rig takes place but this is said to be before the end of the year. When that happens the sp will reflect that and will then encompass the additional value of AMEDs investment which at the moment is in the sp for 0. I for one would rather be topping up over the next few weeks than delay and completely miss what could well be a massive rerating. Buy and hold for the next few months to secure any rerating.

House builders are still doing well and should continue to do so as the demand is there. TRAF of course is in the better placed South East and should continue to do well and will no doubt reinvest sale proceeds into further land. The first half of the current year to March 2017 should see the completion of most of the build program with sales taking place in the second half. If Allenby forecast £7m in revenues for the year this will then be invested in further land purchases. The company could also acquire other developers as they have hinted to increase a modest land bank to include perhaps a RTO. In the short term and ahead of the interims in December we could well see the sp at 2p

We can only expect £100 - £200k profit for the last year but to March 2017 Allenby are suggesting £900k. With the interims in December, at current levels and up to 2p will be well worth getting into TRAF as the interims will be indicating potentials for the year. A decent site to build out such as Staplehurst, if its still a goer will be transformational. Unfortunately TRAF got off to a bad start and will need to gain a bit of credibility which I believe it is now doing. Stock not very liquid so will move dramatically on good news.

Once the sellers are out the way we should see a move up to 1.5p level which would be a fair value ahead of an upbeat forecast. I think the Chairman will want to be upbeat and I am sure he will be keen to get the sp back up to 2p as soon as possible.

Seems to be a bit of interest - mainly buying - anyone in the know?

I think these will be coming up next week and according to the recent company up date will see TRAF back into profit. The current year to March 2017 seems to be the get go year with Allenby forecasting eps of .40p hence their valuation of 3.2p. No doubt other land will be purchased on the sale of existing stock and Staplehurst may well be on the cards. Low cap and perhaps an RTO in prospect.