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:

And your point is?

If you don't see the connnection then you don't have a clue about the housebuilding sector. Just try joining the dots together.:-)

A 33% increase in the number of first time buyers as the market hots up..Daily Mail.

Buying properties they can't afford.

How do you know they can't afford them blackdown? What percentage of first time buyers would you say buy properties they can't afford? Surely it's a duty of mortgage lenders to make sure they don't tie clients into mortgage deals they cannot possibly afford.

Agree with you 100% .


target price here is 12p.

It could end up another GRFD - more wishfull thinking on my behalf.

This ones against the trend today with house builders doing well 3 monkies, 7% down any specific reasons as I was getting interested in going long.

LOL, that's pathetic gf, even by your standards. You just stick to buying CR's tips and you will do okay.:-)

Take a look at MAR.

Cheers will do Mitzy.

Goldman Sachs upgrades housebuilders.

Goldman said the housebuilding sector had been boosted by the Help to Buy scheme, which was launched to inject life into Britain’s ailing house market.

There were concerns the government’s mortgage lending scheme would create a housing bubble, dragging housebuilding shares lower. But Goldman shrugged off these claims.

The US broker now forecasts a quicker UK housing market recovery, and expects transaction growth of 15% per annum between 2014 and 2016 (from 10%/10% and 6% respectively, previously) and house price inflation of 6% per year against 4% previously forecast.

Sp slipping again, steady selling today?

Yes, we've been there before with this halifax - it seems to go out of 'fashion' for a while and then perks up again. I'm happy to hold this for some time. There is an open day at Oakhurst Park Gardens on Saturday, so that should stimulate the interest and we just need another "Sold STC" on the website to get the buyers back in.

Cheers Mitzy had a look at MAR looks to be a better opportunity over thier.

Many thanks GF.

Mitzy, if you hold MAR why don't you start a thread as there doesn't appear to be one on Moneyam. Just a suggestion.

I'll stick with this thread doodle..thanks.

I've done some research into MAR, mitzy and have put it on my watch list. It looks like another promising company in the same sector as TRAF, but in a different part of the country.

Some posters on another bulletin board are going to the open day at Oakhurst Park Gardens tomorrow, so it will be interesting to get their feedback over the next few days.

Up 8.33% at the moment. Gearing up for a trip North next week?