Inland Homes Share Discussion Threads

[cheshire man] 19/12/2018 09:42

Only down 1.37% on excellent news,,,,,,,,,,very encouraging in this dire market :-)

[spud] 19/12/2018 08:26

The story just continues to get better along with the stock value.Lovely!spud

[arthur_lame_stocks] 19/12/2018 08:10

Well those Africans have got to have somewhere to live.

[mip55] 19/12/2018 07:12

Inland Homes plc (AIM: INL), a leading housebuilder, Partnership Housing developer and regeneration specialist, announces that it has exchanged contracts to acquire a major development site in Dagenham, East London, which has an anticipated gross development value of circa £95 million.

[skyship] 17/12/2018 14:06

Positive update from Simon Thompson - he concurs with the collective view here;

"I feel the unwarranted sell down in Inland’s shares since the summer represents a repeat buying opportunity, especially as the equity risk premium embedded in the current share price is now at extreme levels."

[igbertsponk] 17/12/2018 10:43

Plenty of dosh in those Huggs. Win win for everyone as Council gets cheap accommodation. And Inland gets a profitable business supplying them and big ticks with the planners for helping with the homeless problems.

[yupawiese2010] 13/12/2018 14:48

A look at the new Hugg Homes ( temporary accommodation ).

[yupawiese2010] 13/12/2018 14:33

12 December 2018

KCR Residential REIT plc

Disposal of subsidiary

KCR Residential REIT plc ("KCR" or the "Company) announces that it has today sold its wholly owned subsidiary, KCR (Cygnet) Limited ("Cygnet") to a subsidiary of Inland Homes plc ("Inland") for a cash consideration of £1.14 million, subject to adjustment upon finalisation of the completion accounts. Cygnet owns two long leases on supermarket sites in southeast England and the sale includes the associated debt facility.

KCR acquired Cygnet on 29 June 2018 from Inland. Sale proceeds excluding costs are approximately the same as the acquisition cost of Cygnet. Cygnet was valued at £1.5 million net of debt in KCR's financial statements at 30 June 2018. The proceeds of sale will be used to reduce the Company's indebtedness. The disposal is consistent with the Company's investment strategy to invest primarily in residential housing.

The sale is classified as a related party transaction under the AIM Rules as Inland is interested in 12.6 per cent of the Company's share capital. The Directors consider, having consulted with Arden Partners, the Company's nominated adviser, that the terms of the transaction are fair and reasonable insofar as the shareholders are concerned.

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Maybe somebody could explain what is going on !!!!!!!!!!!!

[mtsblogs] 13/12/2018 02:25

I am considering investing in this company and Director's Remuneration, including salaries and LTIP, seem to be very high.

Can anyone share any views on this?

I'm currently studying 2014 AR - £700k for an AIM director... really? The 2018 AR, that I've only glanced over so far, is not much better.

There is a group amongst directors that have worked together during the flotation of Country & Metropolitan PLC - have they tried to milk that company too by any chance?

[p1966] 06/12/2018 18:07

Sector Comment - taken from Hargreaves LansdownNo recommendationNo news or research item is a personal recommendation to deal. Hargreaves Lansdown may not share ShareCast's (powered by Digital Look) views.(Sharecast News) - Liberum upped its stance on Barratt Developments, Bovis Homes and Crest Nicholson on Thursday, arguing that there is at least 20% upside if a smooth Brexit materialises.The brokerage, which lifted the stocks to 'buy' from 'hold', noted that housebuilders' shares are down 26% this year, having de-rated from 2.0x to 1.3x book value as the risk of a disorderly Brexit has risen."We see at least 20% upside (29% total shareholder return) for the sector in a smooth Brexit transition because valuations are now very depressed and this would significantly de-risk the outlook," it said."Although the market is likely to be dull, it should be good enough for builders to continue volume growth where able, and maintain margins by taking advantage of lower land prices and re-engineering houses. Valuation looks overly pessimistic. The sector yield (9.1%) is twice that of the UK market. Dividend sustainability is very under-appreciated," it said.The brokerage said that in a "prudent scenario" of a disorderly Brexit, house prices could fall by 10% and volumes by 20%."Allowing housebuilders scope for some mitigating action, we find that earnings would fall around 40% from our central estimate in this scenario," it said. This would mean the sector trading not at 7x price-to-earnings, but 14x."Historical cycles have seen multiples of over 13x trough earnings, so this could mean that significant plausible downside risk is already discounted," it said.Liberum said Barratt's margin improvement is starting to bear fruit, while Bovis and Crest Nicholson's valuations are attractive.It cut its price target on Barratt to 500p from 525p, while the Bovis TP was reduced to 910p from 1,100p and the Crest TP was lifted to 400p from 331p.The brokerage said buy-rated Bellway, Persimmon and MJ Gleeson were its three preferred stocks in the sector.Bellway's valuation is compelling and its long track record of volume growth encouraging, it said. As far as Persimmon is concerned, it pointed to the fact it is the most exposed to favourable geographic regions and price points, and should benefit most from very motivated first-time buyers."MJ Gleeson's unique business model gives it industry-leading margins and excellent growth prospects with limited competition," Liberum said.At 1240 GMT, Barratt shares were down 1.6% at 466.40p, Bovis was down 1.1% to 870.20 and Crest Nicholson was 0.1% lower at 336.80p, all caught up in the broader market selloff.

[spud] 30/11/2018 22:51

More than happy here. Near 5% div & substantially undervalued. Nuff said imo. spud

[yump] 30/11/2018 16:45

The list of objections is very long and I think that reflects the strategy of quantity over quality - reminds me of filibustering, which you don't see very often, but is a disgrace to democracy.

[skyship] 30/11/2018 16:30

Being a local resident, is our CEO allowing his personal pride to get in the way here?

INL should be prepared to be more accommodative, even if the Planning Dept is being rather absurd.

There has to be a middle way for the good of all - a way which the Nimby Beaconsfield Society will no longer be able to obstruct.

Entrenched positions just persist the status quo, perhaps for another 5yrs!

[igbertsponk] 30/11/2018 15:01

The Beaconsfield Society stuff is mostly utter nonsense. They say (point 12) the existing houses are valued too highly - they are about £527k each. You don't get anything detached in Beaconsfield for that.

[skyship] 30/11/2018 14:54

IS - yr 2796 above really interesting. Looks like an alliance of The Beaconsfield Society and Bucks CC are denying the wider community from the benefits of a Wilton Park development. Nimbyism in plain view.

It is absurd that this impasse has been allowed to continue for 5years. Really about time that the local MP insisted upon a solution based upon the planning report that the CC itself commissioned, and then ignored, as it provided the answer they didn't want to hear!

[yump] 30/11/2018 10:30

I've just got this impression from meeting similar people where I live, that they don't see the horrible double-standards about going on about problems with immigrant integration (somebody should do something etc etc.), when we don't even integrate our existing society.

[yump] 30/11/2018 09:52

As lots of the moaners will probably be 'green' in principle, perhaps INL should offer to put up a wind farm. Then the nimbys would have a real PC problem to talk about over their Quinoa.

[igbertsponk] 30/11/2018 09:45

Cerrito - exactly. And all those in the daily traffic jam will look longingly at the relief cul-de-sac and get very irate.
I rather doubt that anyone in the whole of Beaconsfield gives a monkeys about low cost housing. They don't want scum coming in to their Stepford Wives town.

[cerrito] 29/11/2018 22:44

Thanks for that local colour IS.
Do I understand that if the road that INL are to build once they get planning permission is not built,then the £10.5m road Bucks CC are building will be a road to nowhere?
I did hear there is a new planning officer on the case but did not put much importance on it.
I assume this is such a big deal for South Bucks that top levels at both the Officer and Political level will be v closely involved and would have endorsed the decision to ignore the second viability assessment.

[skyship] 29/11/2018 13:49

Also, thnx Cerrito - very good of you to take the time...

[cheshire man] 29/11/2018 09:46

Thanks for taking the time to post that Cerrito :-)

[davebowler] 29/11/2018 09:42

Thanks Cerrito.

[igbertsponk] 29/11/2018 09:10

INL are very canny on planning. They'll eventually prevail on Wilton Park. Bucks CC are building their bit of the relief road now and once the locals see that it's South Bucks DC who are holding things up they'll get restless. The traffic jam is horrendous there every morning and all it will take is a few locals to start complaining that their kids are getting asthma as the relief road isn't open....
The planning officer is new and is trying to make a name for himself - will soon get put back in is box.

[buywell3] 29/11/2018 06:11

Good call Shanklin ... please tell your sister Ventnor I like her lots .... Perks pub is a nice place


buywell3 - 08 Sep 2017 - 14:00:05 - 2256 of 2790 Inland Homes - INL
Best post so far

Why have Institutions not bought into this ?

Shanklin ... any views

Chartwise 50p retest any time soon