ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

IHGP IN House

14.00
0.00 (0.00%)
14 Jun 2024 - Closed
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 Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 14.00 - 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

IN House Share Discussion Threads

Showing 2376 to 2398 of 3250 messages
Chat Pages: Latest  106  105  104  103  102  101  100  99  98  97  96  95  Older
DateSubjectAuthorDiscuss
26/6/2008
19:16
"Silverhall Estates is a Manchester based privately owned company"

wonder who the Directors/shareholders are?

wiganer
26/6/2008
17:19
Things are going to get a hell of a lot worse property prices are expected to fall much further with no light at the end of the tunnel until 2010 at best.
It looks over for IHGP Cassidy should have placed the company into administration today as there appears no hope of surviving what will be a very long period of very depressed property prices. The £50k looks like only delaying the inevitable as the property market plunges into despair with falls of up to 40% expected.

rbonnier
26/6/2008
16:09
lol..

saffy..

safman
26/6/2008
16:08
...if there is a change in the market sentiment then at these levels any rise is going to make someone a lot of money.....Perhaps its time for a RTO?
haff1
26/6/2008
16:01
The caplans might have dumped the lot to take what they can before the receivers are called in imho.seems odd a 13m buy and still tanking only getting 0.03p for sells
rbonnier
26/6/2008
15:56
Well, somebody's taken a gamble, 13.8m @ 0.085p. And the share price goes down again?
realcooltrader
26/6/2008
15:47
There really is no wonder the banks are in the state they are when the likes of the dbs has gone and loaned this bankrupt company the money they have .Absolute desperation to have to give away 17% of the company for £50k.
To be honest Cassidy could have loaned the money but he cant be very confident of seeing this one through these dark days.
The shares now have a nominal value of 0.001p .Does this mean that if they reach 0.01p they can then go to 0.009 and lower or does it all stop at 0.01p

Thanks in advance.

rbonnier
26/6/2008
15:39
Shares now trading at 0.03p per share. I might see if they need £500 in return for 10% of the equity.
tiltonboy
26/6/2008
11:03
At least the purchase price for the latest acquisiton looks more realistic than some of the others, but buying investment properties in a market where prices are clearly falling AND rents are also beginning to fall is questionable.

Before buying any IHGP, check the spread - it's enormous at the moment! Bid is 30% below offer.

sofa spud
26/6/2008
10:41
Loan notes really are a disaster to the near-medium future sp, as soon it makes any sort of progress the loan notes will get converted, the shares sold off and the share price will come back down again.

With loan notes now in the mix, I dont see this will get above 0.1p again for several years, if it survives that long of course.

waynerwayner
26/6/2008
10:34
tiltonboy - 26 Jun'08 - 08:29 - 2313 of 2315

Love to know what the formula was to convert a measly £50K loan into 17% of the equity; they must have been desperate.
-----------------

Indeed, and that values the company at £294k... not even enough to buy one decent house...

waynerwayner
26/6/2008
10:16
Just to confirm it was to raise £50k I gave Cornish a call.So my instincts were right the company was bust and must have been desperate to accept 0.0376p.
Such severe dillution for a mere £50K

rbonnier
26/6/2008
08:35
I'd like to think they've got the decimal point wrong, previous acquisitions were funded at 0.4p, so 0.376p does make sense, but you never know with this lot.

Edit: Oh well, nice thought whilst it lasted, thanks RB.

realcooltrader
26/6/2008
08:29
Love to know what the formula was to convert a measly £50K loan into 17% of the equity; they must have been desperate.
tiltonboy
26/6/2008
08:10
I work that out to be a £50k fund raising... and at a 3rd of the price of the current share price .. this is not looking good for holders...
waynerwayner
26/6/2008
07:17
For Immediate Release 26 June 2008

IN HOUSE GROUP PLC ("In House" or the "Company")

ACQUISITION OF PROPERTY PORTFOLIO AND ISSUE OF SHARES

The Board of In House Group plc, the AIM quoted property broking and management
company with a focus on purchase for resale, is pleased to announce that the
Company has agreed to acquire Avanti Properties Limited for £880,000. This
acquisition is consistent with earlier acquisitions of properties acquired at
under value for resale and is funded by the further funding facility with
Dunfermline Building Society announced on 1 May 2008. Avanti Properties Limited
owns 11 terraced houses in towns north of, and in easy commuting distance to,
Manchester. Completion of the deal is subject to independent valuation of the
properties which will be arranged by Dunfermline Building Society. The
acquisition has been fully funded with debt and therefore will not affect the
reported net asset position of the group.

HIGHLIGHTS

* Potential gross annual rent from the 11 properties of over £50,000 per
annum

* Underlying property value estimated in excess of £1.3 million

The Company also announces that it is issuing 132,978,723 shares to Silverhall
Estates Limited on conversion of a loan provided for working capital purposes.
After the issue of the shares, Silverhall Estates Limited will hold just over
17% of the enlarged share capital in the Company. The price is based on a
formula provided for in the convertible loan agreement and equates to a price
of 0.0376p. Silverhall Estates is a Manchester based privately owned company
that has previously assisted the group in property identification but is not an
existing shareholder.

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

mcassidy@ihgroup.co.uk

Roland Cornish, Beaumont Cornish Limited,

0207 628 3396

trigger45
25/6/2008
14:58
As soon as the first signs of the credit crunch started to surface (well ove a year ago).....any investor worth his/her salt should have been out of banks, builders and property stocks like an Italian soldier fleeing a battle field.....

luckily, I was never in any Banks, Builders and Property stocks to begin....I think the time is coming soon to think about picking up some of the banks...but stay well clear of the other two.

deanroberthunt
25/6/2008
14:30
lol! that made me chuckle dean
keepitup
25/6/2008
14:02
yep and they're both way way overvalued...
deanroberthunt
25/6/2008
13:46
IHGP market cap now the same value as one reasonable size family house...
waynerwayner
25/6/2008
13:41
errrr

IHGP would be a good start

brando69
25/6/2008
13:36
Can anyone inform me what stocks one should avoid in the biggest Property Downturn in recorded history....with a financial lending crisis to boot...

its a toughy, but please help...tia

deanroberthunt
25/6/2008
00:25
rbonnier is a twit... he reckons ROS is good shorting material. he's already down 20% in two days if he really did open his short... which he probably didn't
brando69
Chat Pages: Latest  106  105  104  103  102  101  100  99  98  97  96  95  Older

Your Recent History

Delayed Upgrade Clock