While the short term outlook for VLW seems good, their mid-long term looks iffy.
They have paid too much for the clyde property, and their other purchases in Wollert (Bodycoats Road) and Plumpton (Sinclairs/Taylors Rd) aren't significant landholdings either.
VLW seems to be focussing on house and land packages, as opposed to land only.
While the short term outlook for VLW seems good, their mid-long...
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