Telford Homes
A trading opportunity for you?
Will Telford Homes continue falling, or will it rise again back to 426p September highs?
- Telford Homes shares have fallen 15.4% in the past week to trade 340p (at time of writing).
- Shares -17% from 2018 highs; +2.7% 2018 lows; -17% year-to-date.
- Shares have fallen after company released latest trading update.
- Brexit-related uncertainty is hitting housing demand, dampening financial outlook.
- FY profit guidance was confirmed, offering some cushion for investors.
- Source: Dow Jones, Bloomberg, FT, Company News
Trading Telford Homes – An Example
Let’s say you feel that the stock is a bargain and you think it could bounce back to recent highs of 426p. You decide to buy exposure to £10,000 worth of Telford Homes using a CFD, at the current price of 340p. To do this, you need £2,000.
Let’s assume Telford Homes recovers back to 426p (+25.3%). Your profit would be £2,530, from your initial investment of £2,000.
Conversely, let’s assume you open the above position, and place a stop-loss at 10% from the current price. Telford Homes falls 10% and hits your stop-loss. Your loss would be £1,000.
This is provided for information purposes only. It should not be taken as a recommendation.