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.

posts 151, 157 and others not so dumb after all it would seem

Moving back up nicely , do you hold cynic ?

sure do boss ...... in my sipp as they have been for a little while

How they have performed during the last month
TEF with today's large rise is moving up the from being the worse performer

the reason of being weak before that date...........

LIONTRUST

sold up to 17th May 145K
gone under 5%
now 3,633,943 - 4.855%

mood changing? ...........

https://www.theguardian.com/business/marketforceslive/2016/may/18/housebuilders-gain-more-ground-after-taylor-wimpey-update

TW's assertion that they can pay silly divis even through a downturn has finally woken up a few investors who had assumed at the first whiff of downturn the builders would pull in their horns. IN short the sector is doing very well and can weather a modest downturn without adjustment of divi payments. Safety margins are in place for the sector unlike 2008.

If you recall TW went zero divi for years and did a big share dilution in the crisis and has been playing it safe alongside all the major builders ever since. That is why there is such a large market opportunity for a nimble aggressive player like TEF in East London.

I'm afraid TEF's dilution even though it was strategic spooked the market short term as the sector spooked the market in 2009 with the emergency fund raising dilutions from the majors. Gave placements in the sector a tainted feel to them that has not entirely evaporated. As Keynes would say "animal spirits" not necessarily logical evidence based investing.

this afternoon is having another go and moving over last Wednesday intraday high

currently bid 346.25 Ask: 347.00 Change: +9.00 (+2.66%)

Another good day for TEF.

another good day once it kept going allway takes a bit of time at the start of the day

351.00p Change: +7.25 (+2.11%)

always happy to see a positive day here, but volume is pathetic = <100k

and yet a higher UT 353p

16:35:22
353.00p
9,105

Telford Homes has exchanged contracts for the sale of its Carmen Street, London, property to M&G Real Estate for net consideration of GBP63.2 million.

http://www.moneyam.com/action/news/showArticle?id=5350670

Doing well again today.

FEVR aren't too shabby either :-)

I have both

Great results this morning plus increased Divi is why this has not fallen as much as other house builders

http://www.moneyam.com/action/news/showArticle?id=5366255

Not a fan of tower blocks. Spent most of the 70,s and 80's gettıng rid of them only to go back to ıt.

yup - only down 15%!!

Odd that no-one thinks it was Director-Selling what done it?

Surely the "New Government" will have to get to grips with housing - OK that may mean building "Affordable Homes"
+((er, what does that mean....something under 10x Average wage for the Region? - that's £250k! )).
Cheaper homes coming on the Market could reduce the best-price Telford may achieve, but if "Planning" is relaxed - they can build more....

If immigration is eventually brought under control, the theory is that there will be over supply in the market. It will obviously take a while but the house builders have immediately been hit on that assumption, I think. Also, there is possibly going to be a move of foreign residents (pricipally in London) to other centres when some companies decide to relocate to Euro friendly cities.

thanks harry ....... an awful lot of unknowns still to be discovered