Member Info for terrace

Sain....none of these tips ever seem to make a jot of difference to TEF SP except I remember a Jim Slater ( RIP ) recommendation a few years back giving the SP a good leg up.

https://www.marketwatch.com/story/how-to-find-value-amid-a-boom-in-us-housing-stocks-2017-12-14

https://www.express.co.uk/finance/city/892355/property-market-housing-house-builders-surveyors-new-homes-Persimmon-Taylor-Wimpey-Barratt

PURP need to have profits before tax of about £80 million a year on the horizon to justify the current SP,They are doing a good job bringing lower selling costs to the public but the SP is irrational with bells on.

Currently anticipating colossal profits,not eally worth more than about 26p per share until they start making a real profit.PB comments accompanying results very "smoke and mirrors".

https://twitter.com/jds_thplc/status/940574467507580928

http://www.telegraph.co.uk/property/house-prices/house-price-growth-dips-pulled-sluggish-london-market/ this had to happen really after the HPI frothy rises of recent years,will help long term housing market health.

https://www.standard.co.uk/business/berkeley-and-redrow-to-build-homes-on-old-arsenal-fc-and-newham-sites-a3715736.html

https://www.standard.co.uk/business/berkeley-and-redrow-to-build-homes-on-old-arsenal-fc-and-ne

https://www.galliardhomes.com/investor-information/investor-guides/guide/asian-investment-in-londons-property-market

Hello Paul,are you from Strictly's blog?.....the more the merrier!

https://www.theguardian.com/money/2017/dec/11/rightmove-predicts-1-rise-in-uk-house-prices-in-2018

Weds 13th BWY trading update Thurs 14th TEF ex div

Yes,TEF are at the stage in their evolution when a move to the main market would perhaps be an advantage over the present AIM listing and this is likely to come under serious consideration once AW,JF and DD fully retire and dispose of their holdings.A takeover at a depressed SP wont happen because of the way most of the shares are held and a management buyout is a very remote likelihood because of the future possible requirement for additional equity funding to meet ambitious growth aspirations.Relax,sit back and let this business grow your investment funds,it might take a while though.Those wanting rapid wealth making opportunities might be better off speculating in the wild world of cryptocurrencies.

It is not possible for anyone to consistently predict future SPs accurately ( although it is for EV ) but the longer TEF SP stays below EV the better for those intending to increase their holdings,lets hope the opportunity to acquire a £1 in value for 80p in cost continues for some time.

If you watch to the webinar posted below,you might be persuaded that TEF EPS could well double over the next five years even though the business is being derisked by aiming for a 50/50 split between open market sales and IPRS deals ( that equates to an average of about 15% EPS growth per annum over that period).Does that alter your opinion of the business relative to their peers?.

http://www.hl.co.uk/shares/share-research/201712/berkeley-group-profit-forecasts-upgraded

https://www.equitydevelopment.co.uk/webinars/?d=%3D%3DQO2MjM

https://www.berkeleygroup.co.uk/media/pdf/k/0/31st_October_2017_Interim_Results_Announcement.PDF

http://www.stmodwen.co.uk/media-centre/news/view/trading-update--delivering-on-focussed-strategy