www.trafalgar-new-homes.co.uk

Just had a small punt on these earlier - look promising, but dyor etc.



RNS Number : 4070J
Trafalgar New Homes PLC
16 July 2013
Trafalgar New Homes PLC
("Trafalgar New Homes", the "Company" or "Group")
Admission to Trading on AIM
Trafalgar New Homes, the residential property developer operating in southeast England, is pleased to announce today its admission to trading on AIM. Dealings of the Company's ordinary shares of 1p each ("Ordinary Shares") commenced at 08:00am this morning ("Admission"), under the ticker TRAF.
Key Points:
-- Trafalgar New Homes is a residential property developer focused on Kent, Surrey, Sussex and the M25 ring south of London.
-- The Group specialises in small developments and outsources the design, planning and construction to third party contractors on a fixed price basis.
-- The Board believes the Group occupies a niche position in the current market, between local builders and developers and the larger house building companies.
-- The Company has raised GBP280,000, before expenses, through the issue of 14,000,000 new Ordinary Shares at 2p per Ordinary Share in a placing.
-- On Admission the Company will have 228,375,190 Ordinary Shares in issue giving it an approximate market capitalisation of GBP4.6 million.
-- The Directors expect the audited results for the year to 31 March 2013 to be announced in August.
-- Allenby Capital Limited is acting as the Company's nominated adviser and broker. Christopher Johnson, CEO of the Company, commented: "It has always been our intention to move to AIM at an appropriate time and the Board believes that the Group has made sufficient progress such that the move to AIM is now the logical next step. We have a continuing commitment to provide quality homes at realistic prices in the most sought after locations. We are excited with the prospects for the Company and look forward to maximising returns for our shareholders."
For further information and a copy of the AIM admission document visit www.trafalgar-new-homes.co.uk or contact:

It has to be a worry that the government is creating another bubble in a housing market that didn't fully deflate.
2517

I agree 2517 and it seems that young people these days want to buy a brand new home rather than buy something which needs refurbished.

doodlebug4----My 1st house was a brand new home, the difference back then was that they weren't fully kitted out like they tend to be now. All the appliances and furnishings are effectively taken on a 25 year mortgage.
2517

Results out .

22 August 2013
TRAFALGAR NEW HOMES PLC
("Trafalgar" or the "Company")
FINAL RESULTS FOR THE YEAR ENDED 31 MARCH 2013
NOTICE OF ANNUAL GENERAL MEETING
Trafalgar (AIM: TRAF), the residential property developer operating in southeast England, announces its audited results for the year ended 31 March 2013, a period which has seen a 196% increase in profit before tax.
Highlights
-- Strategic move from ISDX to AIM in July 2013 -- Profit before tax of GBP617,976, a 196% increase from last year (16 months to 31 March 2012: GBP208,619)
-- Revenue of GBP2,205,786 (16 months to 31 March 2012: GBP2,346,404) -- Losses carried forward from previous years have reduced the tax charge for this financial year
-- Work completed at Edenbridge site and sales contributed substantially to this year's profit -- Oakhurst Park Gardens development completed and marketing for sale to commence this September
-- Acquired sites in Ticehurst, East Sussex and Tunbridge Wells for development
-- Option entered into in respect of land in Staplehurst, Kent. Planning permission pending James Dubois, Chairman, said: "As our first results announcement on AIM, I am delighted to report such positive news. We have worked hard to put Trafalgar New Homes in a strong position as we aim to take advantage of an improvement in the sector. We are optimistic about the future prospects of the residential property market as activity has started to increase which we believe will benefit the Company over this year and next."
The Annual Report will be posted to shareholders this week, together with a notice of Annual General Meeting to be held at 11.30am on 18 September 2013 at the offices of Allenby Capital Limited, 3 St Helen's Place, London EC3A 6AB. The Annual Report and notice of Annual General Meeting will be available tomorrow on the Company's website, www.trafalgar-new-homes.co.uk.

http://www.combebankhomes.co.uk/wpimages/wp8add86dd_06.png

One house sold last week for 615k.

Open day today at their showhome at Oakhurst Park Gardens.

Could be a good month for TRAF.

Do you mean this month or October mitzy? :-)

Yes I mean for October.

Could be a good few months with the housing market buoyant.

Another plot sold at Oakhurst Park Gardens stc for £575,000.

Another open day on 19th October -10 plots left for sale at an average of approximately £585,000 each.

Nothing to report here.

Just ticking up nicely the last two days and the chart is looking better now.

There is a lot to like about this company I think, apart from the fact that it's based in this country! We don't get an endless stream of meaningless RNS statements and, to my knowledge, we don't have a CEO/Chairman posting a load of nonsense on Twitter or promoting his own ego. The potential here is just beginning to reach a wider audience, which has its positives, but the negative is that it may start attracting day traders. Still cheap at the price.imo

www.trafalgar-new-homes.co.uk

tiny builder market cap circa £12m, 80% of shares owned by a mr. Johnson, take care!

Mmm. I dabbled a couple of weeks ago in these, making £100 at the moment - thinks to myself could be another Galliford which I sold at 50p ish and within days they escalated and look where they are now. Life in every aspect is a gamble and nobody knows better than I.

Not much happening here... guess it will be news driven.