IN House Share Discussion Threads

[brando69] 29/2/2008 19:14

flying pigs? is that good? i am not familiar with that one - am new to charting. something to do with stockastics?

[alibongo612] 29/2/2008 19:05

More like a formation of flying pigs

[brando69] 28/2/2008 18:21

is that a golden cross i see?

[graylyn] 28/2/2008 17:57

Interesting are we about to break upwards. 0.2 seems to have been resistance for a while now.

[eggbird] 28/2/2008 17:20

very nice!!
Things definately seem to have turned a corner.
Im off on my hols in a few hours, so look after it while Im away.

That chart is starting to look Very posititve.
See you in a week..............where will the share price be then???

[waynerwayner] 28/2/2008 17:03

I think the keyword here is prospects, its actually looking like it might have some, this alone will drive the share price for a while even with no figures.

[cyberpost] 28/2/2008 16:43

Confidence is returning, slowly but surely. Market makers are willing to take on stock without knocking the price down - which is a good sign.

[waynerwayner] 28/2/2008 16:38

Im certain there is a substantial jump coming, I have a feeling in my gut, though that may just be last nights tikka...

[realcooltrader] 28/2/2008 14:25

Yep, again on very small volume, encouraging it hasn't dropped back after those early sells and that last 375k sell.

[alibongo612] 27/2/2008 22:34

sorry tilts I wasn't being smart just ensuring everybody keeps this in perspective

[tiltonboy] 27/2/2008 16:28

ali,

Thanks for the reminder. Still wearing them at the moment.

tiltonboy

[alibongo612] 27/2/2008 16:25

Wasn't it 0.4 pre suspension ?

[waynerwayner] 26/2/2008 22:34

Despite the balance of negatives and positives, this is looking more like a pressure cooker everyday, I would think new 6 month highs are likely, even with no figures, the business is clearly operating, I would think its only a matter of time before something snaps and it breaks well into the .2's again.

[tiltonboy] 26/2/2008 20:30

Good quality properties are now changing hands at above 7% yields. I'm not certain that they will be able to "turn" some of their properties as quickly as they would hope.

[perception] 26/2/2008 20:13

But the cost was £1.075m giving a yield of 6.51%
Thats OK

[alibongo612] 26/2/2008 17:57

£70k rent £1.2m valn = 5.8% yield

for a secondary inv property in this climate seems hardly credible

[eggbird] 26/2/2008 10:59

Good point!
Probably why they not in a rush to start selling the property on, if they are achieving decent rental, no point in selling the property now for lets say 10% less than they may get in 12 months time.

[waynerwayner] 26/2/2008 10:24

I was just thinking that Marcus maybe more shrewd than I gave him credit for, people are concerned that investing in property given the current prospects of the market is not a good idea, however when the sales property market stalls or drops, the rental market gets stronger, building the rental income right now, and selling the properties later (when the sales market is strong again), looks like it might be a winning strategy.

[graylyn] 25/2/2008 15:34

Purchases since loan facility..........

07 NOV property acquired £185,000
GROSS POT RENT = £17,500
EST VALUATION = 250,000 PA

03 DEC property acquired £299,268
GROSS POT RENT = £22,500 PA
EST VALUATION = £400,000

06 DEC property acquired £1,008,586
GROSS POT RENT = £72,000 PA
EST VALUATION = £1,300,000

13 DEC property acquired £337,000
GROSS POT RENT = £25,000 PA
EST VALUATION = £465,000

18 DEC property acquired £262,658
GROSS POT RENT = £26,700 PA
EST VALUATION = £349,000

20 DEC property acquired £644,780 + ( 4,285,714 IHGP SHARES @ 0.35P (£15K) )
GROSS POT RENT = £45,000 PA
EST VALUATION = £900,000

O3 JAN 08 property acquired £861,400
GROSS POT RENT = £54,500 PA
EST VALUATION = £1,200,000

10 JAN 08 property acquired £604,760
GROSS POT RENT = £38,700 PA
EST VALUATION = £ 800,000

17 JAN 08 property acquired £600,000
GROSS POT RENT = £60,000 PA
EST VALUATION = £800,000

07 FEB 08 property acquired £517,659
GROSS POT RENT = £33,300 PA
EST VALUATION = £710,000

25 FEB 08 property acquired £900,000 + (6,000,000 IHGP Shares issued @ .35p (£21k)
+ £154K IN IHGP shares (44,000,000 @ .35p) from 29 th FEB
GROSS POT RENT = £70,000 PA
EST VALUATION = £1,200,000


Total "Pot/ rent" per annum £465,200

Total valuation £8,374,000

Total purchase price £6,221,111 + (£190,000 IN SHARES)

Total POTENTIAL GAIN £2,152,889 ( IHGP MARKET CAP £1.18M APPROX ) @ 0.19p per share

Total interest charges for the recent properties £6,221,111 @ 1.25% above base rate (REDUCED BY O.25% @ 6.50% = £404,372.21 per annum

so that is £190k in IHGP Shares so far all at 0.35p I feel sure they are trying to tell us something.

[eggbird] 25/2/2008 15:20

with all the changes in todays sp, it is interesting to note that the offer has not changed from 0.21p the MM's are not wanting to let anyone have the chance of getting too low. The bid on the over hand has been 0.16, 0.17, 0.18, 0.19...

[cyberpost] 25/2/2008 12:46

cheers brando.

[brando69] 25/2/2008 12:45

fair point... sorry... (but take a look at NTA :-))