Member Info for terrace

This business is guided to make a total PBT of over �90m this financial year and next and yet has a market cap of �303m....now that is real value.

https://www.wsj.com/articles/u-s-new-home-sales-grew-robustly-in-october-1511795319?mod=e2tw

http://mailchi.mp/telfordhomes/last-two-townhouses-remaining-overlooking-canary-wharf-dressed-and-ready-to-move-in-for-christmas?e=3cdb6e191a

apparently that was the thinking behind Brookmans

http://www.telegraph.co.uk/business/2017/11/26/lg-accelerates-housebuilding-large-sites-budget-boost/

In order for IPRS to eventually account for about half of output,we can look forward to circa 1000 IPRS units ( excluding the existing 500 units and 900 Greystar units) to be added to the pipeline over the next year or so.

Looking for 7.9p to be announced this Wednesday.

https://www.hl.co.uk/shares/stock-market-news/aim-and-small-cap-news/aim-bulletin/archive/telford-homes-thrives-amid-acute-need-for-build-to-rent-properties

Sain,it is just like the duck on your village pond,on the surface it glides slowly along,underneath,the ducks feet are paddling like crazy.TEF are doubtless in negotiations with several IPRS investors and we will hear news on this in due course.No great rush,they have plenty on their plate for the next couple of years and lucrative deals do take a while to finalise,as you know.

http://www.dailymail.co.uk/money/news/article-5116833/Persimmon-boss-set-outrageous-50m-shares-windfall.html

Equities can be a very dangerous place to be as holders of Carillion,Capita and Provident Financial etc have found out to their peril this year.The risk/reward balance with TEF though seems perfect,you may not see the spectacular SP rises achieved in some other places,but the focus,leadership,management and transparency here is compelling.The guidance is honest and accurate,there are no nasty shocks or surprises.With a lot of due diligence and effort,it is possible to know most of what is going on inside this business.This really is the sort of long term business you would like to own outright.So those here who like to post negative thoughts about TEF or insist on comparisons with "better" prospects elsewhere,are going to have a hard time deflecting some of us.

With the interim results announcement due on Wednesday 29 November,what will TEF SP close at on Friday 1 December?.

http://www.telegraph.co.uk/business/2017/11/22/countryside-profits-soar-takes-advantage-government-support/

will todays proposals be of any material assistance to TEF aspirations?.

http://www.lse.co.uk/share-regulatory-news.asp?shareprice=CSP&ArticleCode=tczdjlkj&ArticleHeadline=Full_Year_Results

The budget has to be a help to all homebuilders rather than a hindrance....doesn't it?.

http://mailchi.mp/telfordhomes/move-home-for-christmas-breath-taking-views-over-canary-wharf-at-manhattan-plaza

http://www.telegraph.co.uk/business/2017/11/19/house-building-number-one-priority-hammonds-budget/

http://www.dailymail.co.uk/money/mortgageshome/article-5089193/What-s-store-homeowners-Budget.html

Redrow has seen a near 12% drop in SP in the last 15 trading days,TEF EPS should also grow faster over next few years.