All Sold Good to see that the last house at the Flagship site has been sold and in the current year.This should prove positive and with any acquisition to grow the business we should see the sp move a lot higher in a restricted market.
Re: Sales Yes still here. On its own TRAF will not survive IMO. But I do feel that it will attract a RTO as there is bound to be a larger private company seeking a quote. Current family owns about 80 per cent and will be happy to dilute in order to build the business and value for them. I feel that at current levels of 1p TRAF is likely to out perform and I can see the shares nearer 3p - still with a MC of less than £7m plus of course any value attributable to any acquisition. Buy from frightened people.
Re: Sales Surprised to see you still here.AE 350
Re: Interesting Closed well up on Friday and with a market cap of £2.5m and a sector in vogue this looks set for a tasty RT. Their must be several private developers wanting to bring their business to market at this time of the cycle and TRAF could be the right vehicle. The family own some 80 o/o and may well wish to let it go. For some time I have been negative here but now feel TRAF could be set to move higher.
Interesting Very interesting to see a couple of large trades which I suspect are buys and related to someone who may know a bit about what is going on at TRAF. I feel some corporate news could be on its way for what is effectively a shell in the right sector.
Sales Let's hope we can sell at least one house in order to maintain the listing costs.
No Hope I realise I am one of the few posters here and I think I will make this my last until we get news.This I fear will be nothing but bad notwithstanding the positive news from the sector. We are not building and what we do build we cannot sell. We cannot get planning permission for the new "flagship site" and I suspect what little funds we have are running out fast. TRAF at the moment appear to be wasting a listing.
The South East With the South East likely to outperform in house building/sales terms in the coming year or so we may see an RTO of a larger developer wanting a quote. This is something TRAF needs otherwise it will struggle into the next downturn.
Trades Interesting trade or trades of 2m.
Re: 2015 Builders still in favour and I feel that TRAF will do a RTO soon into the New Year as it needs to use the quote to the best advantage at for the benefit of the family who own a substantial stake. Worth considering a top up for the coming year.
2015 I think this could turn out OK in 2015 as the sector is still doing well but what TRAF needs to do is a RTO. It has the quote and the main shareholder has some 85% but what it cannot do because of a lack of capital is scale the business. A large acquisition that will dilute the family interest and bring in a new development policy is what is needed. We cannot survive on building half a dozen houses a year. Alternatively take it private again. On balance worth a punt for the New Year
Re: Interims Half year tells us that all sold at the "flagship site" but web site says one left still.
Interims Half year figures a couple of weeks late, not that that's an issue. Looks as if we may build a couple of houses this coming year but no guarantee that they will sell. Very disappointed with TRAF.