Inland Homes Share Discussion Threads

[peter27] 08/1/2016 08:52

In the context of mentioning the Wicks share sales, IC has repeated buy in view of discount to estimated NAV.

[jakleeds] 08/1/2016 08:50

Nah I reckon it would have been marked up higher if it had been tipped. Looking good though and still very cheap IMO.

[jaf111] 08/1/2016 08:38

tipped somewhere....Investors Chronicle??

[sparkyhd] 07/1/2016 22:17

Went for a swim?

[dt1010] 07/1/2016 21:50

Did the proverbial today ;)

[ravin146] 06/1/2016 19:07

@sparky cheers. Yh maybe not enough past 3%

[manrobert] 06/1/2016 19:04

the holding of 5.66% is listed on inlands own web site,

[source] 06/1/2016 18:20

Thanks Jaws:-

Regards
Source
.................

"Inland Homes is a new entrant to the Naps portfolio for 2016. This housebuilder and brownfield developer has been the focus of attention of many small-cap investors in recent years. As a result, the shares have seen some strong price momentum. Yet Inland also boasts some robust quality characteristics and its shares don't appear to be overpriced.

Latest Statement: "we have every confidence in delivering further significant progress in the current financial year." Mkt Cap: £175.4m, StockRank: 98. (Paul Scott archive) "

[sparkyhd] 06/1/2016 17:38

@ravin Nishe Malde mentioned it at the agm. Maybe the transaction wasn't large enough to warrant disclosure.

[jaws6] 06/1/2016 16:52

INL been talked here for 2016

[ravin146] 06/1/2016 16:49

I thought someone here stated an institutional investors was on board, pure speculation? Have yet to see a holding update?

[jakleeds] 06/1/2016 09:16

Decent breakout could be on the cards here...

[sweyn] 06/1/2016 08:10

I would agree Joe.

[joe say] 06/1/2016 07:00

Surely if BTL is out of favour then that can only be a positive for a corporate letter?

[raybies] 05/1/2016 18:07

David I thought at the AGM they said they were looking to expand the rental properties to increase the rental income to £4m per annum? Yes this could be a good defensive move, although I think BTL is out of favour due to Govt. policy changes, I think this will affect the margins, I'm sure rental income will be nothing like the margin of land development? Also a lot of capital tied up.

[manrobert] 05/1/2016 09:50

marketmakers being rather generous this morning;

[igbertsponk] 05/1/2016 08:59

You can buy 3 Lincoln houses and still have change with what you get for one in Beaconsfield.

[sweyn] 05/1/2016 08:55

Military Married quarters in Beaconsfield a lot nicer than the Lincolnshire married quarters, trust me!

[pj 1] 05/1/2016 08:52

Certainly. Property in Bucks must be +50% that of Lincs.

[igbertsponk] 05/1/2016 08:48

LOL - Beaconsfield rather different to Lincolnshire !
Even 4 bed ex Council houses on the market for £625k!

[pj 1] 05/1/2016 08:41

I well remember (ex)MOD properties at Witham St Hughes just south of Lincoln being worthless as no one wanted to live there in the 90's and being sold for peanuts (£100 each)

The modernised and revamped properties are still there at circa x1,700 the then purchase price.

Whilst that 'mark-up' will never repeat itself don't be surprised if medium term the value of the rental properties does not increase, as things can and do change.

[igbertsponk] 05/1/2016 08:27

Cripes guys, keep up!!! The MOD houses at Beaconsfield fall into 2 categories. Those to be demolished once planning for the whole site is obtained. And those they're going to keep and have already gone in for planning on to extend into decent sized family homes which will be worth very decent money. This was all covered here before Christmas ! I posted the links to the planning applications.

Renting them out in the interim is of course the right thing to do.

[source] 05/1/2016 08:19

I know that DavidDosh. Regards,Source.

[davidosh] 05/1/2016 02:18

Raybies....They are not going looking for houses to rent out !!

The houses came with the MoD deal to take the Beaconsfield site and after spending a little on refurbishing them they were able to provide desirable accommodation in the area for the private rental sector. That also created a huge uplift in valuation for the houses as the subsequent yield dictates the value.

The houses may eventually be knocked down as they are not the best efficient use of the site and not the styles required for premium pricing but they will give Inland a steady income until they are no longer needed. I would not rule out INL retaining a few rentals anyway as the income is good to pay running costs and overheads.

[source] 04/1/2016 19:59

Funny- I actually thought them letting out a few properties seems a smart move that helps cover cost and developments will hopefully help the dividend grow as well as its NAV grows. Regards,Source.