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.

AGM Statement
Thu, 1st Dec 2016 07:00

RNS Number : 6282Q
Inland Homes PLC
01 December 2016
 
 
1 December 2016
Inland Homes PLC
 
('Inland Homes', 'Inland', the 'Company' or the 'Group')
 
AGM Statement
 
Inland Homes (AIM: INL), the specialist housebuilder and brownfield land developer, provides the following statement ahead of its Annual General Meeting to be held today, 1 December 2016 at 11.00am.
The Group's housebuilding programme is gaining significant momentum with a record 394 homes currently under construction across 12 sites. 54 Homes have been reserved since the start of the new financial year, which is an average of 2.5 units per week. Of particular note recently was the off-plan launch of 54 units at Meridian, Southampton where 12 units have been reserved in the first eight weeks. This scheme has consent for 351 homes to be constructed in four phases.
Adding to this, Inland Homes is pleased to announce today the receipt of planning consent for 239 units at our site, Lily's Walk in High Wycombe which is in our joint venture with CPC Group Limited.  Lily's Walk is a prime 3.5 acre site in the centre of High Wycombe, located directly opposite the Eden Shopping Centre.  
 
Since 1 July 2016, the Group has received planning consents or resolutions to grant planning consents on 373 plots and 19,000 square feet of commercial space.  We have planning applications awaiting determination for 1,746 residential units, with applications for, approximately, a further 470 residential units to be submitted very shortly.
The land bank currently stands at 7,220 plots, of which 1,415 have a planning consent or a resolution to grant planning consent. There are pre-application discussions regarding a further 1,802 plots ongoing.
As reported in the annual accounts for the year ended 30 June 2016, the timing of the construction of our sites, together with planned land sales is such that a major part of our profitability in the current financial year will be realised in the second half. The previously reported setback that was caused by the financial failure of a contractor, which resulted in the slight delay of 23 legal completions, is now virtually behind us and the momentum is gathering with a growing number of sites being constructed by our in-house build team. 
Stephen Wicks, Chief Executive at Inland Homes, commented:
"Following on from the robust set of results we announced in October, which reflected a year of significant operational and strategic progress, we are pleased to report that the momentum is continuing to escalate behind our building programme, with a record number of homes for the business under construction, underpinning the Company's growth strategy.
"The investment we have made in developing our in-house construction capability to self-deliver our homes is already producing tangible benefits and it's an area of the business that we are continuing to focus on to further increase levels of certainty on delivery, whilst reducing costs. Moreover, we are working on a number of initiatives through which we hope to be able to offer even lower cost housing in the South East, where price remains a barrier to many people owning their own home.    We look forward to providing some more detail on this is in the New Year."
               
ENDS

A buy from IC today - Shore Capital forecasts pre-tax profits of £33.2m and EPS of 35.6p for the year to March 2017 (from £32.2m and 39.1p in FY2016).

Hi dreamcatcher.
We seem to have an interest in similar stocks. Just returned from agm of Inland Homes and the Body language of the Directors said it all not to mention the facts they put out in the presentation. So have just sold all my holdings in Telford (at a small loss) and put the whole lot into Inland at 0.59. I have divi to come in Jan.
I am looking for them to go back to 0.80 in a much shorter time than Telford will get to £4.
Time will tell.

Hi Colin,
Good luck I hope Inland performs well for you. I like the management of Telford homes and their goals for the future. Not in a rush. There may be an initial drop of perhaps most builders when we brexit. So there could be good buying opportunities for builders. Will watch Inland homes with interest and may pick up a few as well. Good luck.

i agree about TEF
also like BVS, TW. and from a slightly different angle, RMV

all the above are in my sipp

:-))

13:50 02/12/2016
Broker Forecast - Canaccord Genuity issues a broker note on Telford Homes PLC
Canaccord Genuity today upgrades its investment rating on Telford Homes PLC (LON:TEF) to buy (from hold) and raised its price target to 360p (from 330p). Story provided by StockMarketWire.com

Good write up in Shares today.

Ex dividend today. Interim payed 9/1/17 - 7.20p

Yes DC all these Divi's i'll be buying a super yacht soon.

I was thinking more

In your dreams. lol

Holding(s)company above 5%

ST of IC today -So, having initiated coverage on the shares at 289p ('London property trading play', 22 Aug 2016), and reiterated that advice at 284p in the autumn (‘Value plays’, 18 Oct 2016), I feel that there is material short-term upside at the current price of 319p. In fact, a return to the pre-Brexit summer highs around 381p is a definite possibility in my view, so much so that I have edged up my price target from 370p to 380p to coincide with the pre-Brexit summer highs at the start of June. Strong buy.

Third Build to Rent sale for �48.6 million
RNS
RNS Number : 4184S
Telford Homes PLC
21 December 2016
 

21 December 2016
 
Telford Homes Plc
('Telford Homes' or the 'Group')
 
Third Build to Rent sale for £48.6 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 Forge, Redclyffe Road, E6, to M&G Real Estate.  This is the Group's second transaction with M&G following the sale of Carmen Street, E14 in May 2016.  M&G Real Estate is one of the UK's largest property investors and the real estate fund management arm of M&G Investments, a leading international asset manager controlling assets in excess of £255 billion.
 
The Forge is the Group's third significant build to rent development to date and the sale comprises the freehold interest in the land and the construction of 125 open market homes for net consideration of £48.6 million.  The sale to M&G is on a forward funded basis and will comprise an initial land payment followed by regular payments throughout the construction period and therefore will not require debt finance with only limited equity to be invested by the Group.
 
The Forge has full planning permission for 192 new homes including 67 affordable homes which have been sold to a housing association in a separate transaction.  The development is currently under construction and is anticipated to be completed in 2019.
 
Telford Homes continues to explore further build to rent opportunities including the potential for longer term partnerships with key investors to enable further sales within a relatively fixed framework and to work together on future site acquisitions.
 
Alex Greaves, Head of Residential Investment at M&G Real Estate, commented: "We are thrilled to announce the next transaction with Telford Homes on 'The Forge' after completing the successful acquisition of Carmen Street earlier this year and look forward to exploring a more formal partnership in 2017.
"This deal further demonstrates our ability to deploy capital and our continued commitment to increase the supply of high quality, sustainable rental communities to London's housing market. Our residential strategy provides a route to delivering much needed housing stock at a much quicker rate and, in time, thousands of well-managed rental properties.
"We have now invested in over 2000 homes on behalf of UK and international institutional investors, including pension funds, insurance companies and local authorities. We will continue to add scale and efficiency to our portfolio, and providing our investors with long-term income growth."
 
Jon Di-Stefano, Chief Executive of Telford Homes, commented:  "Build to rent is now a significant focus for Telford Homes with these transactions providing certainty over future revenues and cash flows, needing no debt finance and delivering strong returns on capital.  We are a valuable partner for large scale investors given that we have the skills required to find land, achieve planning consents and manage and control all construction work. 
 
"The sale of The Forge cements the strong relationship that we have formed with M&G Real Estate and we are delighted to be working with them again following the successful sale of Carmen Street earlier this year.  Now that we are developing two schemes together I look forward to working closely with Alex Greaves and the M&G team and exploring ways of extending our partnership as we move into 2017."
 
- Ends -

Director Deals - Telford Homes PLC (TEF)

James Furlong, Executive Director, sold 57,582 shares in the company on the 21st December 2016 at a price of 312.00p. The Director now holds 1,214,371 shares.

The TMES - TEMPUS - January 7 2017,
The roof is not about to fall in / martin waller

By the end of the week we will have a good idea of the state of the housebuilding market. The indications are that it is pretty robust.

On Wednesday Taylor Wimpey will give its assessment of its performance last year and the prospects for this, to be followed the next day by Barratt Developments. They are, by turnover, Britain’s biggest players in the sector. This week the third on the list, Persimmon, gave its own trading update.

Last month the smaller Bovis shocked the market with what some took as a profit warning, saying that the sale of about 180 homes, expected to be completed in December, was set to slip into 2017. Bovis shares tanked; the update coincided with some apparently weak mortgage lending…

Peel have bumped down TEF price target from 485p to 465!!