Inland Homes Share Discussion Threads

[daicaprice] 11/6/2018 12:38

Hopefully the last we’ll see of the 60’s

DC

[cheshire man] 07/6/2018 11:10

Built a decent stake here by doing just that igbertSponk :-)

[igbertsponk] 07/6/2018 10:56

£95m deal for a £138m market cap company. And Ashford is at the most the third biggest site that Inland are currently working on (Beaconsfield and Cheshunt much bigger).
Value will be extracted, accumulate on dips.

[solarno lopez] 07/6/2018 10:45

Excellent and thanks to Davidosh and Leading

[davidosh] 07/6/2018 10:35

The transaction, which is the biggest land disposal by value undertaken by the Group to date, is for a total land and build consideration of GBP94.7 million, with the land consideration being GBP29.7 million in cash payable on completion. Inland Partnerships, the fast-growing construction arm of the Group, will undertake the development phase on behalf of A2 Dominion.

Completion of the land sale is expected by the end of this month, while construction work has already commenced on the 10 acre, town centre site, situated within the M25 and 10 minutes' drive from Heathrow Airport.


Solarno.....the land sale element will complete by the end of this month so that means £29.7m coming in then.

Does anyone know what the book cost of that site is ? Sounds like a very profitable long term deal and a nice shorter term land profit for this years accounts

[solarno lopez] 07/6/2018 10:28

ah ha I do hope so and thanks for the clarity

[leading] 07/6/2018 10:27

Solarno - I think that means on completion (i.e.signature) of the contract, not completion of the build.

[solarno lopez] 07/6/2018 10:12

Sad they don't get paid the land money until end of the contract

[spot1034] 07/6/2018 07:47

Shares go xd today - payment date June 29th.

[solarno lopez] 07/6/2018 07:38

Just what we need a cracking deal and work for the next 3/4 years

[cheshire man] 07/6/2018 07:36

Excellent spud :-)

[spud] 07/6/2018 07:15

Cracking deal announcement this am. The price should respond accordingly. spud

[daicaprice] 04/6/2018 16:28

All looking very upbeat in my humble opinion.

DC

[igbertsponk] 31/5/2018 08:53

Sounds a big deal until you look at the Market Cap of KCR - a tiddler.
Smacks of desperation on both sides.... though of course it looks like they're all on the same side!

[cerrito] 31/5/2018 08:51

Thanks solarno Lopez for pointing out the corporate connections.
Reading this I was reminded of the agreement they had with the Candy Brothers and could not remember what that produced and the reference to fixed price building contracts made me nervous

[solarno lopez] 31/5/2018 08:49

He is also a director at Engi

Isn't this a related party transaction ?

[solarno lopez] 31/5/2018 08:37

Of greater interest to investors is listed Energiser Investments ( engi ) who hold a significant stake in K & C

Stephen Wicks is a major shareholder in Energiser ! !

[scburbs] 31/5/2018 08:10

KCR need pipeline to raise equity so a much more important deal for them. Either a very interesting deal (if they can) or a potentially frustrating deal. Need to make sure INL have a plan B that can be implemented quickly if KCR can’t deliver on equity raising.

[mip55] 31/5/2018 07:09

Inland Homes plc and KCR Residential REIT plc agree strategic relationshipInteresting development - announced in a KCR RNS for some reason

[yump] 24/5/2018 14:10

If anyone's interested in a housing tiddler (currently) ASH is quite interesting. Don't ask me what price to buy at though and it needs a bit of back-reading. The whole environment for them changed towards the end of last year (government stuff to do with rent caps, supported and care housing, which is why the share price has been very lively recently.

[garybaldy] 24/5/2018 11:54

"Private housing and burgeoning relationships with housing associations will take the group up another level"

Wicks: “We are very undervalued."

www.proactiveinvestors.co.uk/companies/news/197300/inland-homes-links-with-housing-associations-underpin-expansion-plans-197300.html

[targatarga] 21/5/2018 13:56

Beginning to feel we may be heading northwards again... keeping the faith

[cheshire man] 09/5/2018 15:29

Good to see us continue the move north today,,,,,,thanks for posting that Zulfikar :-)

[zulfikar] 05/5/2018 08:00

Inland Homes PLC is outstanding growth prospect says chief executivehTTp://www.proactiveinvestors.co.uk/companies/stocktube/9216/inland-homes-plc-is-outstanding-growth-prospect-says-chief-executive-9216.html