Inland Homes Share Discussion Threads

[igbertsponk] 18/12/2015 11:48

Re speeding along of the AGM - they probably had a Christmas lunch to go to.
I used to do that years ago - we had a board at 10am, then the AGM at 11 and made sure it was done and dusted before the taxis arrived at noon to take us off to Claridges for a long lunch with all our advisers. Woe betide any shareholders who wanted to ask long rambling questions !

[qs99] 18/12/2015 11:47

Thanks for report much appreciated....post agm strength IMO is a positive sign...am holding in for that quid!

[cerrito] 18/12/2015 11:36

A delayed report on AGM
CEO started off by saying that land trading still the driving force but the house building made it more of a balanced business.Reiterated that saw their business model as going through the pain of getting planning permission and then selling to majors-referenced that they had sold 200 plots to Bellway…did not get the time horizon.
In terms of the purchasers for their homes, felt they had a wide range of buyers ie Bank of Mum and Dad ie Homes to Buy, where in the last FY they made 31% of their sales. Felt comfortable that they will not be impacted by any slow down in BTL
Asked about the purchase of shares in Troy Homes: did the deal as this gives them the exposure to the premium market. Management have 50% and another company-WE Black-the other 25%. They know and feel very comfortable with management.
Noone discussed fact that gone into renting with such gusto bearing in mind said last year they did not see it as a business stream.

We had a presentation and then time for q and a, although the Chairman wanted to hurry this along (see post 1213)and not as good a meeting as last year
Reminded about the fact that development brief for Wilton Park had been signed off by the South Bucks Cabinet and looking to file for planning application in March/April and now having consultations with local residents .Discussed a site I had not heard of before at Alperton where they are assembling land adjacent to where they have holdings. Discussed the College Site in Ashford which is featured in the AR and which they bought in the Candy JV in June 15 and looking to submit an application for 350 units in 2016.
Planning application for 239 units at Leas Walk-Aylesbury?- to be filed around Easter. Comfortable that they will be able to meet target announced on the Monday of AGM of getting planning consents of 1,545 plots before end June-will be helped if they get 400 homes granted in Aston Clinton.
Asked about dividend. Recognized that most shareholders in it for capital gain and will take a pragmatic policy
No questions on remuneration, bonuss etcet I was interested to read that remuneration of CFO and CEO the same.
For me very good that entered into the 4 year revolver with Barclays as per Nov 19 RNS which removes the reliance on short term debt they had as at June 30.
CEO very clear that without East European labour they would be restricted severely and would go nowhere fast
Good to see post AGM increase in share price .may be due to institutional buying that as reported CFO commented on but not no new RNS on holdings.

[treeshake] 18/12/2015 11:34

Added a few of these today.

[qs99] 18/12/2015 08:54

Off and running again,.....great strength IMO

[sogoesit] 18/12/2015 06:25

Yes, given the seasonality of returns, you are probably right DT.
Thanks.

[dt1010] 18/12/2015 00:12

Given how well construction does during reporting season in Q1 I think these will continue to power ahead albeit withe usual zigzag to back test as we go.

90-100p on the way, it's all the play for.

Margin of safety is still a nice wide moat.

[sogoesit] 17/12/2015 13:42

Will 80 be the "new 70" or will we push-up to 90p NAV target in short order?

[davidosh] 17/12/2015 13:41

Try this one....

[yupawiese2010] 17/12/2015 11:31

David.

Sadly the link doesn`t work.

[davidosh] 17/12/2015 11:18

Inland were mentioned on the radio show yesterday...

[yupawiese2010] 17/12/2015 09:42

Latest development in respect of the now demolished pub in Farnborough in which were hoping to build flats.

[dt1010] 17/12/2015 08:34

Hahaha nice price action!! Way to go inl !!!

[sogoesit] 17/12/2015 08:24

Yes, eggbaconbubble... needs some redevelopment and regeneration!!!
But with INL shares I could be on the move ;-)

[luckymouse] 17/12/2015 01:40

BRRRRREEEEEEAAAAAAAAAAAAAAAAAAAAAAK OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO

[qs99] 16/12/2015 15:37

wow through 80p....happy days

[sparkyhd] 16/12/2015 14:54

Hopefully Inland aren't using 'anion cement' on any of their projects.

[eggbaconandbubble] 16/12/2015 14:49

Sogoesit, Nobby neighbourhood then!!!

[peter27] 16/12/2015 14:47

I'm puzzled that as Nish said was last Friday that no anion cement has been made, even if there has to be a follow up.

[hornets89] 16/12/2015 14:09

Nice rise - you get the impression the institution mentioned at the agm hasn't finished their buying just yet

[dt1010] 16/12/2015 11:14

One hell of a nice break out

100p by the end of Q1 2016

[qs99] 16/12/2015 09:35

moving along nicely IMO

[sogoesit] 16/12/2015 05:40

I need a break-out...
Already had two break-ins on our road in the last few months so it's about time!!

[ravin146] 15/12/2015 16:32

Who needs a rocket to space when there inl!Sorry had to be done today.

[ravin146] 15/12/2015 15:30

90p /93p NAV not bad indeed, seems the small builders are doing well.

Looks like a breakout!