We wrote after our lunch in February with Telford Homes and commented positively again in our pre-Election housing note “cycle not yet over, opportunities remain”. At that stage the group had just increased its banking facilities by 50% - a strong vote of confidence by the syndicate in both the company and the London mid-market for homes. Since then we have had the expected solid prelims, an upbeat AGM statement and last month the company invested £23m in acquiring four significant sites via the ....
05 Oct 2015
Well positioned in the London mid-market
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Well positioned in the London mid-market
Telford Homes (TEF:LON) | 0 0 0.3% | Mkt Cap: 295.3m
- Published:
05 Oct 2015 -
Author:
Mark Gibbon -
Pages:
5
We wrote after our lunch in February with Telford Homes and commented positively again in our pre-Election housing note “cycle not yet over, opportunities remain”. At that stage the group had just increased its banking facilities by 50% - a strong vote of confidence by the syndicate in both the company and the London mid-market for homes. Since then we have had the expected solid prelims, an upbeat AGM statement and last month the company invested £23m in acquiring four significant sites via the ....