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IHGP IN House

14.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
IN House LSE:IHGP London Ordinary Share GB00B3Y0R059 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 14.00 0.00 00:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 14.00 GBX

IN House (IHGP) Latest News

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Date Time Title Posts
09/8/201013:04In House Group - Set to take off in 20073,148
17/8/200910:28House prices.8
28/10/200811:35Warning - SP heading for 0.021p due to the good ol' loan note scam6
06/8/200814:24the new nta27
08/4/200823:25the next northacre34

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IN House (IHGP) Top Chat Posts

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Posted at 24/12/2009 07:54 by eh m es mx
Or may be IHGP couldn't afford the fees which come up for renewal next year. IHGP offered shares in exchange, but Cornish most respectfully declined.
Posted at 02/12/2009 18:43 by sleepy
3 July 2009 - extract

The Company has agreed private placements of new Ordinary Shares of 0.001p
("Ordinary Shares") totalling GBP443,000 that will be settled over the next 5
months with the first tranche of GBP51,350 having been received and 489,047,619 Ordinary Shares issued at 0.0105p per share, being a 65% discount on the current bid price, as a result.

2 December 2009 - extract

On 3 July 2009, the Company announced a private placing to raise GBP443,000 over a period of time. Since then, the Company has received some GBP153,350 and issued and allotted the shares accordingly in respect of the amount actually paid but not in respect of the unpaid amounts.
Posted at 29/10/2009 10:08 by haff1
lol.....down again!! ...we will soon be down and/or diluted back to the 2p and then another revaluation and we will all be left with one share each of nothing!!!! as opposed - of course - to a few shares of nothing..
Posted at 25/8/2009 06:56 by realcooltrader
Ha, up 81,150%. I guess the share consolidation has taken place.

Edit: Doh, didn't spot the RNS.
Posted at 07/8/2009 11:24 by emergin
7th Aug... .as a matter of interest yester In House Group plc recorded fifteen buying trades The share price traded Up the profit curve from 0.02p to 0.025p trade on.
Posted at 07/8/2009 11:18 by emergin
Hi Intuitiv100


In House plc DECISION - ACQUISITION - FRUITION

A team of professional property people with commercial vision and dynamic flare increasing our shareholder value through hard work and educated foresight.

I have been holding In House plc shares for some time I missed the last Up profit curve as I was away on business, and I forgot to place a selling order, IHGP shares have traded down today to 0.02p the last time that happened the low share price opened Up a buying window. .. At IHGP

John Ferree holds a total of 12,000,000 Ordinary Shares or 0.28% of the company issued share capital, this offers comforted for my own holdings.. Is this an income waiting to be made?.

The issue of equity at a discounted price is the reason for the marking down of In House plc share price.. A buying opportunity is on offer..
Posted at 31/7/2009 10:25 by emergin
The media has informed us that House prices have now traded up over the last four months. So I have turned my attention to the housing market.. I found In House Group plc ticker code AIM-IMGP the share price is trading at 0.02p I brought a shed load of shares which I will hold for short term gain.

The company has just The Company has agreed private placements of new Ordinary Shares of 0.001p ('Ordinary Shares') totalling £443,000 that will be settled over the next 5 months with the first tranche of £51,350 having been received and 489,047,619 Ordinary Shares issued at 0.0105p per share, being a 65% discount on the current bid price, as a result. The remaining tranches will also result in Ordinary Shares being issued at a 65% discount on the bid price on the preset dates of settlement (within a collar price of 0.007p and a cap price of 0.014p). The appropriate announcements will be made after each settlement date and subsequent share issue. In addition, the placees have also been granted warrants on a one for one basis, priced at the same price as the shares to which they relate, exercisable at any date up to 30 June 2012. These funds will be used to settle outstanding creditors, provide additional working capital and finance upgrades to some of the Group's property stock to enhance its rental yield and realisable value.
Posted at 16/2/2009 21:17 by brando69
N House Interim Report


TIDMIHGP

For Immediate Release 30 January 2009

IN HOUSE GROUP PLC

("In House" or the "Company")

INTERIM REPORT

CHAIRMAN'S STATEMENT

Introduction

We present the Group's interim results for the six month period ended 31
October 2008.

Results

The Group had Revenues of GBP37,000 (2007 - GBP934,000) for the period under
review. The operating loss on ordinary activities for the period amounted to GBP
140,000 (2007- GBP182,000).

The loss per share for the period was 0.068p (2007 - 0.04p).

Current Trading

The period under review continued to be one of consolidation for the Group, one
property owning company (Berrymount Developments Limited) was acquired at the
end of the previous period and one (Avanti Properties Limited) was acquired
just after the period end (in November 2008).

On 27 May 2008 the Company's Share Capital was reorganised with 645,589,628
0.249p Deferred Shares being created and 839,248,182 0.001p Ordinary Shares
being authorised of which 645,589,628 were in issue at that time.

Clearly the current economic climate has brought uncertainty to the property
sector. Three particular implications result from the current conditions.
First, it is a very difficult market in which to sell properties; this means
the Group has been unable to sell its existing stock. Second, it has been
difficult to complete any further acquisitions of property portfolios due to
the uncertain economic climate. Third, interest rates have been declining,
which, as the Group's interest charges are linked to base rate, has been
helping its margins.

The Group is, therefore, currently concentrating on managing its existing stock
of residential properties. A good proportion of the properties are let to
asylum seekers or benefits claimants with the rents paid directly by either
local authorities or other agencies which therefore provide a high quality of
income to the Group. This revised strategy is reflected in the results for the
period, Revenue, being the gains made on trading residential units and income
from property management, is significantly reduced as there were no property
sales in the current period while Operating Income, being mainly the rental
income, is significantly up on previous periods (2008: GBP335,000, 2007: GBP87,000)
due to the property acquisitions that commenced in the autumn of 2007.

Prospects

The Group had expected to make further property acquisitions and is still
looking for appropriate opportunities but the current economic uncertainty is
impacting on the ability to complete such deals. The Group retains its existing
funding facility with Dunfermline Building Society and expects to be able to
acquire further properties using this facility only once the current economic
uncertainty has eased.

There are currently around 25 properties that require some refurbishment before
they can be relet which the Directors estimate would cost some GBP140,000 in
total. The Group does not currently have the funds to do this; but is seeking
ways to do so as the Directors believe that these properties can readily be
rented and will provide a good payback on the investment required.

As announced on 27 January 2009, the Group is arranging short term funding to
meet its immediate cash needs and is currently in discussions with a number of
parties in relation to long term funding to address the refurbishment
requirements, restart property acquisitions and, once these have been arranged,
finance the acquisition of the property management companies.


David Meddings

Chairman

30 January 2009

Unaudited Unaudited Audited

6 months 6 months Year ended
ended ended

31 October 31 October 30 April 2008
2008 2007

GBP'000 GBP'000 GBP'000

Revenue 37 934 963

Cost of sales (10) (923) (1.074)

______ ______ ______

Gross profit (loss) 27 11 (111)

Administrative expenses (271) (260) (713)

Operating income 335 87 282

Operating expenses (231) (20) (171)

______ ______ ______

Operating loss (140) (182) (713)

Investment Income 1 3 8

Other gains and losses (115) 0 254

Finance costs (437) (64) (336)

______ ______ ______

Loss on ordinary activities before (691) (243) (787)
taxation

Taxation 0 0 1

______ ______ ______

Loss for the Period attributable to (691) (243) (786)
the equity holders of the parent
company

===== ===== =====

Loss per share: basic (pence) (0.068) (0.044) (0.134)

===== ===== =====


1. Loss per share

The calculation of basic loss per share is based upon the loss for the period
and the weighted average number of 1,022,109,220 (30 April 2008 - 587,724,160,
31 October 2007 547,344,711) shares in issue during the period. Given the loss
for the period, no fully diluted earnings per share is disclosed.

Unaudited Unaudited Audited

31 October 31 October 30 April
2008 2007 2008

GBP'000 GBP'000 GBP'000

NON-CURRENT ASSETS

Intangible assets 9 15 12

Plant and equipment 2 3 3

______ ______ ______

11 18 15

CURRENT ASSETS

Trading Properties 11,958 3,843 12,606

Trade and other receivables 227 108 730

Cash and cash equivalents 44 28 162

______ ______ ______

12,229 3,979 13,498

CURRENT LIABILITIES

Borrowings (102) (143) (141)

Trade and other payables (583) (303) (440)

______ ______ ______

(685) (446) (581)

______ ______ ______

NET CURRENT ASSETS/(LIABILITIES) 11,544 3,533 12,917

NON-CURRENT LIABILITIES

Borrowings (12,458) (3,625) (12,805)

Deferred tax liabilities 0 0 (648)

______ ______ ______

NET LIABILITIES (903) (74) (521)

====== ====== ======

EQUITY

Share capital 1,625 1,551 1,614

Share premium account 1,777 1,446 1,479

Retained earnings (4,305) (3,071) (3,614)

______ ______ ______

TOTAL EQUITY ATTRIBUTABLE TO THE (903) (74) (521)

EQUITY HOLDERS OF THE PARENT

COMPANY

====== ====== ======

Unaudited Unaudited Audited

6 months 6 months Year ended
ended ended

31 October 31 October 30 April
2008 2007 2008

GBP'000 GBP'000 GBP'000

NET CASH (OUTFLOW)/INFLOW FROM (139) (3,195) (9,550)

OPERATING ACTIVITIES

INVESTING ACTIVITIES

Interest received 1 3 8

Acquisition of Subsidiary 0 0 (1,420)

Purchase of plant and equipment (1) (1) (4)

Disposal of plant & equipment 0 0 3

______ ______ ______

NET CASH GENERATED 0 2 (1,413)

FROM INVESTING ACTIVITIES

FINANCING ACTIVITIES

Interest paid (437) (64) (336)

Proceeds on issue of share capital (net 309 431 487
of costs)

Net new (repayments of) borrowings 385 3,394 11,514

______ ______ ______

NET CASH INFLOW/(OUTFLOW) 257 3,761 11,665

FINANCING ACTIVITIES

NET INCREASEIN CASHAND CASH EQUIVALENTS (118) 568 702

====== ====== ======

CASH AND CASH EQUIVALENTS AT THE 162 (540) (540)
BEGINNING OF THE PERIOD

====== ====== ======

CASH AND CASH EQUIVALENTS AT THE END OF 44 28 162
THE PERIOD

====== ====== ======

Cashflows from Operating Activities

Operating loss (140) (182) (713)

Depreciation of plant and equipment 2 2 3

Amortisation of intangibles 3 3 6

Gain on Disposal of plant & equipment 0 0 (1)

Movement in trading properties (648) (2,814) (8,102)

Movement in receivables 502 (79) (687)

Movement in payables 142 (125) (36)

______ ______ ______

Cash (absorbed)/generated by operations (139) (3,195) (9,530)

Income taxes paid 0 0 (20)

______ ______ ______

NET CASH (OUTFLOW)/INFLOW FROM (139) (3195) (9,550)

OPERATING ACTIVITIES

====== ====== ======

For the Period to 31 October 2008 Share Share Retained Total

Capital Premium Earnings Equity

GBP'000 Account GBP'000 GBP'000

GBP'000

Opening 1,614 1,479 (3,614) (521)

New Share Capital Subscribed 11 298 0 309

Loss for the period attributable to 0 0 (691) (691)
the

Equity holders of the parent company

______ ______ ______ ______

Closing 1,625 1,777 (4,305) (903)

====== ====== ====== ======

For the Year to 30 April 2008 Share Share Retained Total

Capital Premium Earnings Equity

GBP'000 Account GBP'000 GBP'000

GBP'000

Opening 959 1,607 (2,828) (262)

New Share Capital Subscribed 655 46 0 701

Share Issue Expenses 0 (174) 0 (174)

Loss for the period attributable to 0 0 (786) (960)
the

Equity holders of the parent company

______ ______ ______ ______

Closing 1,614 1,479 (3,614) (521)

====== ====== ====== ======

1. Basis of preparation

The accounting policies used are consistent with those that will be adopted in
the annual financial statements for the year ending 30 April 2009, subject to
any changes to IFRS that may be implemented in the mean time.

The preparation of the interim financial statements required management to make
estimates and assumptions that affect the reported amounts of revenues,
expenses, assets, liabilities and disclosure of contingent liabilities at the
date of the interim financial statements. If in the future such estimates and
assumptions, which are based upon the management's best judgement at the date
of the interim financial statements, deviate from the actual circumstances, the
original estimates and assumptions will be modified as appropriate in the
period in which the circumstances change.

2. Status of Accounts

The interim financial information is unaudited. The financial information does
not constitute statutory accounts as defined by Section 240 of the Companies
Act 1985.

3. Period of accounts

The financial statements include the results of the Group for the period from 1
May 2008 to 31 October 2008. The comparatives cover the periods from 1 May 2007
to 30 April 2008, and from 1 May 2007 to 31 October 2007 respectively.

4. Going Concern

In determining the appropriate basis of preparation of the Financial
Statements, the Directors are required to consider whether the Group can
continue in operational existence for the foreseeable future.

The Board has prepared projected cash flow information for the period ending 12
months from the date of approval of these Financial Statements ("the
Projections") based on the Group continuing to let out its existing property
portfolio to meet its finance and operating costs.

These Projections assume that the current negotiations with regard to
additional short term and long term funding will be successful and that the
company will be able to recommence acquisitions of properties shortly using the
existing lending and bridging facilities.

Having reviewed these Projections and having made reasonable enquiries in
making the underlying assumptions, together with assessing the position of
current lenders, the Directors have reasonable expectation that the Group will
be able to meet its liabilities moving forward as they fall due. It is on this
basis that the Directors consider it appropriate to prepare the Group's
Financial Statements on the going concern basis. However, for the reasons
described above, the Directors recognise that there are material uncertainties
that may cast significant doubt on the Group's ability to continue as a going
concern, and therefore, that it may be unable to realise its assets and
discharge its liabilities in the normal course of business.

There is a risk that the above material uncertainties as to the Group's ability
to continue as a going concern may not be resolved satisfactorily. The
Financial Statements do not include the adjustments that would result if the
Group were unable to continue as a going concern, which would include writing
down the carrying value of assets to their recoverable amount and providing any
further liabilities that might arise, as it is not practicable to determine or
quantify them.

5. Trading Properties

Under the requirements of IFRS 3 the properties acquired in Berrymount in March
2008 were brought in to the accounts for 30 April 2008 at fair value on
acquisition. The directors being aware of the changes in the property market
since that time have had these properties revalued and have determined that the
current value is approximately the cost of those properties to the Group and
therefore the uplift on these properties to fair value at acquisition has been
reversed along with the associated deferred tax provision. The impact of this
has been to reduce trading properties by GBP763,000, remove the deferred tax
provision of GBP648,000 and a charge to the Profit and Loss Account in the period
of GBP115,000 (disclosed as Other gains and losses).

6. Post Balance Sheet Events

On 5 November the group made a further acquisition relating to a portfolio of
North West residential properties via the acquisition of Avanti Properties
Limited. Funding was arranged with Dunfermline Building Society using the
existing facilities in place.

The following share issues have also been made:

On 4 November 2008 the company issued 3,125,000 ordinary shares of 0.001p at a
price of 0.08p per share in settlement of a GBP2,500 introductory commission to
Mufid & Co re an agreement with Primegold Properties Limited to manage its 12
residential properties in Lancashire.

On 6 November 2008 the company has issued 285,714,286 ordinary shares of 0.001p
at a price of 0.007p to UEB Consulting Limited on conversion of GBP20,000 of the
loans for working capital purposes.

On 17 November 2008 the company issued 50,000,000 Ordinary Shares at a price of
0.05p in settlement of a GBP25,000 payment for a three month exclusivity period
to acquire Breatheasy Finance Limited.

On 19 November 2008 the company has issued 285,714,286 ordinary shares of
0.001p at a price of 0.007p to UEB Consulting Limited on conversion of GBP20,000
of the loans for working capital purposes.

On 19 November 2008 the company has issued has issued 20,000,000 ordinary
shares of 0.001p at a price of 0.02p per share to UEB Consulting Limited in
settlement of a GBP4,000 fee for repair work on property owned by the Group.

On 16 December 2008 the company has issued 142,857,143 ordinary shares of
0.001p at a price of 0.0035p to UEB Consulting Limited on conversion of GBP5,000
of the loans for working capital purposes.

On 16 December 2008 the company has issued 342,857,143 ordinary shares of
0.001p at a price of 0.0035p Cairns Investment Holdings Limited on conversion
of a GBP12,000 loan provided for working capital purposes.

On 7 January 2009 the company has issued 142,857,143 ordinary shares of 0.001p
at a price of 0.0035p to UEB Consulting Limited on conversion of GBP5,000 of the
loans for working capital purposes.

7. Copies of the report

Copies of this interim statement will be made available to the public on the
Group's Website (www.ihgroup.co.uk) and will be available at Number One,
Birchwood One Business Park, Dewhurst Road, Warrington WA3 7GB.

Contact: Marcus Cassidy, In House Group Plc on 0845 061 9999

mcassidy@ihgroup.co.uk

Roland Cornish, Beaumont Cornish Limited,

0207 628 3396
Posted at 28/8/2008 19:32 by deanroberthunt
nothing to understand....some sucker buys and the "friends" of the company convert a load of loan notes, which they were given for a 1/5th of the current share price ...

they will need to fabricate more news in the future in order to entice more suckers so they can offload yet more stock at 0.021p into any rally, which will be short lived....none of the news will ever have any substance or ever come to fruition...like the imaginary takeover...lol

as sure as eggs is eggs....the share price will head slowly but surely towards 0.021p...

example PTC, used to be around 1.5p ish after a concerted fabricated pump and dump by the boys.....loan notes at 0.1p ahoy!!! and guess what a few years later what price the share price ..lolville, knock me down with a sweaty sock.....0.1p, its that obvious its funny and still the suckers come...
Posted at 09/7/2008 09:57 by cyberpost
Movement in Share Price (IN House)


FOR IMMEDIATE RELEASE

9 July 2008

In House Group plc

("In House" or the "Company")

Statement regarding share price movement

The Board of In House notes the recent rise in the Company's share price and
confirms that it has received an approach from a third party that may lead to
an offer being made for the Company (the "Approach"). The Approach is
preliminary in nature and there can be no certainty that an offer will
ultimately be forthcoming.

In relation to this announcement, shareholders are advised to take no action in
relation to their shareholdings in the Company. A further announcement will be
made in due course as appropriate.
IN House share price data is direct from the London Stock Exchange

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