I don't think their name "Telford" indicates where they operate - East London according to Shares.

The current sp 1.50 is more-or-less the price prior to the Olympic Bid, which probably gave the sp a boost, withouit looking to far to the cost involved.

It's been all downhill for the last 12-months - Oooo deary.
The yield isn't good, despite the fall.

The tax hike on buy to let and stamp duty on second homes plus possible interest rate rises should see more properties from the lower end come on to the market in the next couple of years and hopefully put the brakes on these runaway prices .

390.50p +10p

Since 12:30pm has started moving north and now there is a strong order book with DEPTH of 30 v 18

Talk around of TEF were out in the market with Cally Road demand from the owner occupier would be much stronger

It was Peel Hunt in their post dilution report who said Tef were 'in advanced negotiations' to sell the 156 unit Cally Road development

Good article and TEF tick a lot of boxes for the institutional investor, Excellent conduit to product for them in growth locations

Https://www.investec.co.uk/content/dam/investec/investec.co.uk/Files/property/unlocking-the-door-for-the-mid-market-private-rented-sector.pdf

needs to break 390p for the second time and BREAKOUT will be on, at the momet there is a seller on the order book @ 390p addid 5K every time is taken as "AT"

Breaking up now on good support on the order book 27 v 19

spread 391 v 392p

moneyam is behind on showing prices

not in the tread though close to 2 weeks old .........

Telford Homes takes over £80m Poplar development - published 26 Nov 2015

Telford Homes plans to start construction of a 22-storey block of flats in east London next year.

The London focused residential property developer has paid Ballymore more than £20m for the development site on Carmen Street in Poplar E14.

The site has full detailed planning consent for a 22-storey development, consisting of 206 new homes and a nursery. Ballymore, also responsible for Old Spitalfields Market, was granted planning permission by Tower Hamlets Council for the mixed-use plan in 2013.

The development is close to Langdon Park Station. Telford Homes said that it expects to start work on site in 2016 with completions anticipated in 2019 and 2020, generating £80m of revenue.

Chief executive Jon Di-Stefano said: "This acquisition represents the first significant benefit of our recent £50m placing, which provides Telford Homes with additional flexibility to take advantage of competitive market opportunities. We are constantly reviewing potential sites and having access to this capital has allowed us to move quickly to secure the Carmen Street site which has the unexpected advantage of an existing planning consent. Poplar is an area we know well, where there is strong and proven demand for our homes, and we look forward to commencing this exciting development in 2016.”

UP to 400p +4p

Next Thursday the 10th will be EX-dividend day, so just 1 & half day if interested on the 6.50p

TEF - Dividends

The interim dividend declared for the six months ended 30 September 2015 is 6.5 pence per ordinary share and is expected to be paid on 8 January 2016 to those shareholders on the register at the close of business on 11 December 2015. The ex-dividend date is therefore 10 December 2015.

Nice Dividend and 450p on the way .

on the move up today BREAKING 400p

there was an early buying trade of 43K @ 398p

Looked like a sell to me .

don't be silly, such a large amount would not be able to sell it on one go at market price, but a big discount, but buy yes and that was the reason for the rise after.

397.50 v 398.25 when the price was stablished just above middle price, but reported a few seconds later, when the share price was move up by the MM doing the deal, and that is why you think is otherwise.

There was a delayed earlier, much at the same price

09:58:05
397.955p
10,000K

note : Market Maker size are very small compare to the size mentioned
3MMs at 1.5K
2MMs at 3K
2 MMs at 5K

Close position on T+2 @ 404p and 403.15

did not want to pay for the stock and then tomorrow go down by 6.50p

#

From 'thisismoney.co.uk':
High-rise profits are on the cards for housebuilder with £1.5bn land bank
Telford Homes is a London property developer with a difference. Rather than focusing on sites in Central London and the City, it focuses on Inner London areas just outside the prime locations, where costs are lower and demand is immense.
The shares are 391p and should increase materially over the next few years.
Telford builds 600 to 700 homes a year, usually flats, but chief executive Jon Di-Stefano hopes to double that by 2020, taking advantage of a chronic shortage of affordable homes.
Such is Di-Stefano’s confidence that the company raised £50million in October via a 360p-a-share equity placing to help fund future growth.
Di-Stefano, an auditor by training, joined as finance director in 2002 and was promoted to the top in 2011. Over the years, his team has developed relationships across the capital, helping them to penetrate complex planning laws and gain permission to build. The group’s land bank is valued at £1.5billion, most of which has planning consent, and the rest is expected to obtain consent soon.
To mitigate the risks associated with holding large swathes of land, Telford forward sells properties whenever it can, and has done so with homes worth £700million.
Last month, the group revealed a more than doubling of pre-tax profits to £21million for the six months to the end of September and a 27 per cent increase in the interim dividend to 6.5p. Brokers expect full-year profits to rise by 27 per cent to £30.9million with a total dividend of 13.6p.
Midas verdict: Telford’s shares rose to more than 480p last May, after the Conservatives’ General Election victory, but they have fallen back since on concerns about the London property market. The recent placing acted as a further drag and the stock is now excellent value. Older people may be leaving London but younger generations are flooding in and Telford aims to provide the kind of housing that they need. The shares also offer a decent yield. Buy."

That explains why it's bucking the trend today. Got some catching up to do.

Telford Homes Plc
('Telford Homes' or the 'Group')

Private Rented Sector sale for £66.75 million

Telford Homes Plc (AIM: TEF), the residential property developer focused on non-prime London, is pleased to announce that it has exchanged contracts for the sale of The Pavilions, Caledonian Road, N1, to a subsidiary of L&Q, one of the UK's leading housing associations and one of London's largest residential developers.

The transaction is for the sale of all 156 homes within The Pavilions development, 96 of which will form part of L&Q's substantial and growing Private Rented Sector ('PRS') portfolio. Under the terms of the planning permission the remaining 60 homes have been sold to L&Q for affordable housing. The contracted price for the entire development is £66.75 million with regular payments to be made by L&Q throughout the construction period. As a result the development will not require any equity or debt to be invested by Telford Homes. Construction is already underway and is expected to be complete by the middle of 2018.

The contract with L&Q marks the Group's first significant development sale in the PRS sector. There is increasing institutional demand for high quality, well located developments to be 'built for rent' and the Group has been very encouraged by the overall response to the marketing of The Pavilions. Telford Homes is already exploring a second development for sale in the sector and the Board expects that similar de-risked PRS sales to blue chip organisations will form an important part of the Group's balanced sales mix going forward.

Jon Di-Stefano, Chief Executive of Telford Homes, commented: "We are delighted to have concluded our first PRS deal with a well-established PRS provider, who are already a valued partner to the Group. The strong level of interest shown in The Pavilions by PRS investors confirms the potential of the PRS market anticipated at the time of our equity placing in November 2015. Telford Homes continues to benefit from an imbalance between demand and supply of homes in non-prime London and this transaction marks the start of a new aspect to the Group's sales mix achieving de-risked forward sales with exceptional capital returns

this has been a disappointing performer, but i shall definitely persevere as i think there is much of merit underlying

Nothing wrong with the company just the share price , patience i suppose .

Not big buys but directors topping up ..
------------------------

Director/PDMR Shareholding

The Company announces that it has been informed today that the following directors of the Company today purchased ordinary shares of 10 pence in the Company ("Ordinary Shares"):

David Holland, Non-Executive Director, purchased 10,000 Ordinary Shares at the price of 325.0 pence per share. Following this purchase, David Holland is beneficially interested in 571,444 Ordinary Shares representing approximately 0.77% of the current issued share capital and total voting rights of the Company.

David Campbell, Group Sales and Marketing Director, purchased 2,000 Ordinary Shares at the price of 323.74 pence per share. Following this purchase, David Campbell is beneficially interested in 41,796 Ordinary Shares representing approximately 0.06% of the current issued share capital and total voting rights of the Company.

Still following after getting stopped out but looks like it's more likely to test below £3 before any support. Also think with London focus Brexit worries aren't helping. Some director confidence however.