Glacier Point
09 Aug 2016
Re: Interest I put £1k in this purely as a punt. The effect of results is like the toss of a coin. If the SP opens higher, I can see a lot of people selling out. If down, then then there may still be a sell off as folk decide to cut their losses. Oh dear! I do seem to have a half empty glass this morning! 😉
BOWOOD
08 Aug 2016
Interest A little interest and should move higher ahead of Wednesday. I will be interested in seeing what the forecast is for the current year as according to the web site they have several builds going on.
BOWOOD
07 Aug 2016
Results Any thoughts on the results and any forecast due Wednesday?
BOWOOD
02 Aug 2016
Interest A little interest ahead of y/e figures which are due 10 August. With a target sp of 3.2p set by Allenby based on profits for year to March 2017 I feel sure the Chairman will be very keen to give a positive forecast in his report. Passed forecasts by Allenby have gone wrong due to the poor outcome of the first flagship development. But this is well in the past and the current development program will give a solid base for earnings growth over the next couple of years or so as new, and perhaps larger sites are acquired and built out. A sp of 3p gives a m/c of less than £7m so you don't need to sell many units to justify such a price so I can see a rerating on a realisation of potential.
BOWOOD
27 Jul 2016
Re: why is this share not moving up They did say July so it may be that there is something of interest in the results. Perhaps there has been positive progress with Staplehurst. They will need more land once they have built out the current projects if they are to grow going forward. An acquisition would help in scaling. Still very cheap on Allenbys forecast earnings for March 2017.
razali
26 Jul 2016
why is this share not moving up hi bowed any thoughts ? results out 10th augustsure this should be moving up
BOWOOD
20 Jul 2016
Re: hi bowood SP seems to have taken a hit but confess I know little about the company. Will take a look
razali
19 Jul 2016
hi bowood any thoughts on the company ten alps ?
BOWOOD
17 Jul 2016
Re: hi bowood Rather than leave it for too long I am happy to start topping up ahead of the results for the year to last March and I feel confident the Chairman will provide a bulish forecast for the current year when releasing the figures. If the full year to March '17 looks to be in line with the forecast of £950k then I feel we will see a rerating to the 3p-4p level and perhaps beyond as 2018 should see further progress. Also we can expect a further update/forecast from Allenby as they seem quite keen on writing TRAF up. MC still only £4.5m at 2p so this could be on the cards when the figures come out shortly.
razali
17 Jul 2016
hi bowood with results out in the next few weeks, seems a lot of people will buy in to make a quick profit where will this hit before then in your opinion 2p? 3p?
BOWOOD
16 Jul 2016
Re: Results Held up well on Friday and should push on a little further over the next couple of weeks IMO. Results should be the right side of break even but it will be the forecast for the coming year that should show the potential coupled with the tone of the Chairman's message. May also get a further paper from Allenby. MC still only £3m against the nomad forecast of a profit of £900m for the current year.
BOWOOD
15 Jul 2016
Re: Results A bit of interest ahead of the results due this month. Allenby Capital are very bullish and are forecasting a valuation of 3.2p well up on the current 1p
BOWOOD
08 Jul 2016
Re: Results I think it's currently below the radar of most investors and will be until it breaks into profit which we are told will be in the results to March due to be announced mid July with next year said to be much better. Once into profit it will attract more interest with the sp moving up. I think that will be the time for an acquisition, RTO perhaps and the Chairman having his holding diluted. TRAF a family business did not come to market other than to grow by acqusition IMO. Allenby look for 3.2p on current year earnings - March 2017 but following that I think there will be further organic growth and more importantly acquisitions. I feel this is the time to add or buy in.
BOWOOD
30 Jun 2016
Results These are due in a couple of weeks so we will have a better indication of current trading. As a small but developing builder in the south east, family controlled and with a market cap of about £2.2m it should be well placed and well away from any EU influence. I still feel an acquisition - RTO will happen as it is an ideal vehicle for a larger company to obtain a quote and for the Chairman with 80% to benefit. It is uncluttered by staff and would make an ideal target IMO.
BOWOOD
09 Jun 2016
Thoughts Any thoughts? We already have an indication for the year end but how about the next 12 months? Any prospect of a RTO with the Chairman sitting on nearly 80%?
