HOT - HOT - HOT

THE PARASOLS ARE OUT IN FORCE DOWN SOUTH

TAYLOR WIMPEY

Each month we've discussed selling our investment in Taylor Wimpey, but have held on mainly due to the fact the company have a large land bank . However, recently the company reported a 54% drop in annual pre-tax profits weighed down by £244 milion in exceptional cladding and Competition and Markets Authority (CMA) costs. This,coupled with an article we read in the news that AI will be responsible for the loss of many management jobs in the future. This surely will eventually effect the housing market with people struggling to afford mortgages.

Over the past year TW share price has fallen over 30%.

The decision was finally to SELL all of our holding in this company

LEGAL AND GENERAL:

Legal & General recently made headlines for ruling out a corporate break-up and launching a record share buyback program alongside strong 2026 operating forecasts. Additionally, the firm announced a new affordable housing partnership model aiming to unlock billion in annual investments and paid out billion in protection claims.

The share price at the time of writing is 272 - up from 252 when we reported last month.

It is difficult to know where the share price is heading. Some analysts say it will remain pretty static - others forecast a potential rise of up to 340p. We still remain positive and will hold on to this share.

ROLLS ROYCE: Price at the time of writing 1271 - up 50% over the past year.

Analysts maintain an average 12-month price target of approximately 1,412 GBX, with high-end estimates reaching up to 1,740 GBX. The consensus among major financial institutions remains overwhelmingly positive, heavily favouring "Buy" ratings backed by robust civil aerospace and defence performance.

Despite disruption from the Middle East conflict Rolls Royce's full year guidance remains on track across all divisions as it moved quickly to mitigate the impact of the Iran war. 

A good solid company - we are holding on to this share.

SEGRO:

SEGRO is Europe's premier industrial REIT, specializing in modern warehouses and AI-ready data centers. Today the share is trading around 721, rising just 9% over the year. However the stock offers a compelling value proposition. It trades at a roughly discount to Net Asset Value (NAV), underpinned by strong leasing spreads, high occupancy rates of over , and a reliable dividend yield.

Analysts forecast the price up to 840p

We've held this share for many years and will continue to hold.

THE PROPERTY FRANCHISE GROUP

The Property Franchise Group is the UK’s largest multi-brand lettings and estate agency franchisor. Headquartered in Bournemouth, it operates a nationwide network of over 1,900 offices, managing around 150,000 rental properties and facilitating over 35,000 sales annually

Currently the share price is sitting at 476, analysts forecast a strong outlook for this company (AIM:TPFG), with a consensus "Buy" rating. The 12-month share price target averages around 640p, with high estimates reaching 680p. Driven by solid organic growth and successful acquisitions.

A definite hold.

COSTAIN: Costain is a leading British sustainable infrastructure solutions company that provides engineering, consulting, and digital integration services.

New contracts and capital returns are shaping Costain’s Investment. They are enjoying strong momentum, fueled by significant new contract wins like the utilities delivery partnership with Sellafield and a contract extension with EDF.  

Currently the share price is sitting at 197p - up 60% over the past year. However it has been given an average 12-month share price target of approximately 232.50p to 237p, representing a potential upside of around 20%. Analyst consensus remains overwhelmingly positive, with the majority rating the stock as a "Strong Buy".

Another HOLD

DECISION:

After selling Taylor Wimpey, we had funds to invest.

For a number of years we have been discussing Raspberry Pi as an investment.

This month we bit the bullet and put £1500 into this company

Raspberry Pi is the name of a series of single-board computers made by the Raspberry Pi Foundation, a UK charity that aims to educate people in computing and create easier access to computing education..

The Raspberry Pi is a very cheap computer that runs Linux, but it also provides a set of GPIO (general purpose input/output) pins, allowing you to control electronic components for physical computing and explore the Internet of Things (IoT).

All over the world, people use the Raspberry Pi to learn programming skills, build hardware projects, do home automation, implement Kubernetes clusters and Edge computing, and even use them in industrial applications.

THE CURRENT SHARE PRICE IS 798P

However I wonder if we have come to the table too late!

Analysts offering a consensus 12-month median price target of 472p to 476p. This implies a significant downside relative to current trading levels, largely due to a premium forward Price-to-Earnings (P/E) ratio and concerns over rising memory supply

We will have to wait to see.

See you all next month