Member Info for Lesville

Spread of only .25 of a penny this morning. Would love to see this consolidate above 140p.

Of 1,256,020 shares this morning at 10:21 price 136p

Rivaldo - on the basis of those forecasts perhaps I am being slightly negative on the prospect of further share price appreciation. Any way on the basis that I always sell my performing shares to early, this is one that I am going to hold for further gains.

It is difficult to argue against the excellent fundamentals relating to Watkins Jones going forward but I do think that general scepticism towards builders may hold the share price back. Sold one third of my holdings at 134.02 day after results but will hold remainder for either share price growth or dividends.

Nice move today resulting in a new high with large volume of 1.15m. Hopefully a rerating will continue as we approach interim results at the end of January.

Having paid an interim dividend of 1.33 pence per share in June, the Board has recommended a final dividend of 2.67 pence per share, giving a total dividend of 4.0 pence per share. With admission having taken place towards the end of the first half of the financial year, this total dividend represents two thirds of the full year equivalent, giving an initial yield of 6% based on the placing price of £1 per ordinary share. This is in line with our stated intention at the time of the IPO. The dividend will be paid on 28 February 2017 to shareholders on the register at close of business on 27 January 2017. The shares will go ex-dividend on 26 January 2017.

Excellent results which after a poor start this morning the market now seems to appreciate. What I like about Watkins Jones is, it's easy to understand business model and accounting statements. Furthermore excellent free cash generation underpins a progressive dividend policy. I particularly like this statement as it demonstrates Watkins Jones strategic planning. 'As we near completion of our first PRS development in Leeds, we are looking, while always being mindful of the need to expand in a sustainable way, to build on our expertise and our institutional relationships to develop real momentum in the PRS market and we are looking at a number of exciting opportunities'.

Good volume again today on a rising share price. Question for tomorrow is, whether in stock market terms, it is better to have travelled or arrived. Hopefully the latter.

I read an article a few days back that Cambridge University had experienced a 13% drop in undergraduate enquiries from the continent since Brexit. Similarly Oxford was expecting a fall off in demand from post graduate students. Whilst Watkins Jones are not building accommodation for these prestigious universities any similar drop in demand for the country's universities from abroad would impact the demand for such accommodation. If this is the case it becomes all the more important that Watkins Jones diversify their revenue streams. Hopefully next week will provide some clues. I have changed my buy opinion subject to next weeks results.

Today Majestic wine has provided a trading update that the market seems to like. Hopefully a positive result at the end of this month by Conviviality will result in similar increase in share price.

I still believe in Watkins Jones and hope to see some price appreciation leading up to the interim results but house broker targets will always be, in my opinion, overly optimistic. It would be nice as an investor to be proved wrong, we will have to wait and see.

Good find Rivaldo. This article reinforces my faith in the management of WJG, such an important consideration when investing. Hopefully 2017 will be a profitable one for holders of WJG stock.

It would appear that over the last few weeks that buyers and sellers have been equally matched hence the static share price. As Rivaldo and others have commented, there seems to have been a persistent seller of late that has held the share price back. I am still very confident that eventually we will see some degree of a share price rerate hence I added a small purchase on Friday of 1700 shares at 117.4599.

I agree that this mornings RNS should be very supportive of the share price and gives further visibility of earnings. However I am not sure that the market will value the shares at 12 x earnings as house builders although a different proposition are only valued at circa 7 times. In the meantime, as you say Rivaldo, the dividend is very attractive and hopefully as Watkins Jones cash pile grows there is the possibility of further shareholder returns.

Meant to buy these some time ago then forgot about them. However bought whilst waiting for a flight at Manchester airport on Friday having noticed the price decline from recent highs. As a retired college lecturer I am fully aware of the marketing and recruitment value to higher education colleges and universities of having their own first class student accommodation, a trend that I believe will continue for a number of years yet.

Some what annoying, price has been marked down today to create some selling/ buying volume. Perhaps one day we may see a reversal of fortune here but in the meantime this is a very frustrating investment.

Interesting that while Artemis has been accumulating that the share price has been held at 103 - 107, Bid/Ask. Very dissapointing to see no movement in the share price for a number of weeks, hopefully our patience will eventually be rewarded.

Yes good news, another partnership that actually merits a press release. The problem at the moment is that new business is not increasing pfbt due to a slowing spend by Creston's established clientele. Creston's management have unfortunately not found a way to increase shareholder value, albeit a much stated objective.

As private investors we do not have the same access to company research enjoyed by that of institutional investors so have to rely upon publicly available information as well as our own analysis of company accounts. In Creston's case we have Liberum, paid house broker with a target of 170p, somewhat fanciful in my opinion. Edison research using a DCF valuation of 114p - 130p, again this is paid for research commissioned by Creston and finally Peel Hunt with an add target of 115p. With such a disparity of valuations my own opinion is that the market is unlikely to Value Creston at more than 10 times earnings i.e circa 120p

Share price up this morning on one trade and interestingly the spread has narrowed. Not sure if Market Makers are trying to stimulate some two way business here or whether there has been some mention in the financial press this morning.