Inland Homes Share Discussion Threads

[dt1010] 15/1/2016 18:09

Orange lol these need to drop into the mid twenties for them to worry

Their shares are on a multi year horizon not months.....the fed, the ECB, the BOE and BOJ will print....QE4.........it will come and one hell of a bounce will happen.

All the doomsayers have been shouting very loudly but the world is not about to collapse.

QE4 will come. Not as a saviour....but kicking the can down the road....again.........

And then? Instead of deflation?........hyperinflation.

Buy silver and gold ;)

[sparkyhd] 15/1/2016 17:28

This has got nothing to do with the director selling nor asset value. It's to do with RBS advising everyone to sell everything which becomes a self-fulfilling prophecy. The markets are in the process of being trashed.

I also sold a bundle at 83p to take safety in cash but I'll buy back in at some point when the storm has passed.

Nice point by #Orange1 though and hopefully our Barbados man has sufficient wealth to prop up the entire market.

[loobrush] 15/1/2016 16:47

Well at the moment I am glad I sold out at 83p which I did as the director sold a pile, they always seem to know the best time to do it.
Also I am of the opinion that whilst the asset value may be shown to be higher it may take 12 months to realise this value as they yet have to build out the plots when they will be able to realise it. So for me I think that the price may take time to settle and I will look again then. However good luck to all you holders.

[manrobert] 15/1/2016 16:14

holders throwing in the towel now.

[manrobert] 15/1/2016 12:11

first real pull back in the 80's.the footsie looking a bit fragile testing its lows.

[source] 11/1/2016 19:41

Helpful post Salchow - thanks.

Regard,
Source.

[salchow] 11/1/2016 17:28

For those interested in IHT Business Property Relief - this is from the Inspector of Taxes manual

------------------

SVM111170 - IHT Business Property Relief: Dealing in land or buildings
The restriction in s.105(3) for dealing in land or buildings does not deny relief for shares in a company which:

is carrying on a genuine building and construction business holding a number of properties (for example, houses or plots awaiting development) as stock in trade.

or is a property development company provided:
the land is acquired with a view to the development and disposal of the completed development, and
most of the profit is derived from the enhanced value of the property resulting from the development (as opposed to increases in the value of the land from the obtaining of planning permission or a general rise in land values).
You should take care to identify a building or development company which retains and lets its completed property, as this may, over time, convert the business into one of mainly investment holding. However, you must consider each company individually as it is important to remember, particularly in a period of property slump, there may be little or no development activity and previously completed property may be rented out over a number of years.
--------------------
So it is far from clear. It depends on how the profit arises. It could perhaps vary from year to year and this is why there is no definitive list of qualifying companies. Certainly buying and selling land for gain having simply obtained planning permission or letting property does not qualify. I would guess that you would have to hope that those items were a minor part of the overall activity. If you had a very large amount invested and it was important to you then expert advice should be sought.

[source] 11/1/2016 12:41

Hopefully some institutions coming aboard (as I've said previously the lack of institutional support is an area that the management should be looking to build given its position and growing potential). Also see it's been tipped as a new year nap, so that may also be helping. Regards,Source.

[jakleeds] 11/1/2016 12:17

Cracking reversal today. Some larger trades gone through, wonder if a seller has cleared perhaps.

[mw8156] 11/1/2016 10:40

david 77
i hope so too for our shares
others which we have with IHT in mind are YNGA, BRK, MANX, EMIS, PWS,and more than a dozen others.
have to hope to survive 2 years!
PWS say they are going on the main market which would be a blow.

[jakleeds] 11/1/2016 08:57

Looking good , hopefully we will see 90p today ...

[david77] 11/1/2016 08:08

"I wonder if Inland qualifies for IHT relief; " - there are elderly shareholders that are assuming that Inland will qualify.

[dt1010] 10/1/2016 21:18

Whether it gets to 100p+ short term will be as much to do with wider market sentiment. This remains a very fine long term investment.

[mw8156] 10/1/2016 19:03

I wonder if Inland qualifies for IHT relief; trading land doesn't but housebuilding does; I phoned their finance director before they started building so many houses and he suggested they might.

[sogoesit] 10/1/2016 18:46

Sure, gents, I understand the "credibility" of analysts' crystal ball-gazing, david.
But, the reality is that when a number gets into the open it becomes a "market reality" if judged to be "credible". Otherwise why else would we be discussing the issue and quoting these, maybe (positively or negatively) "fanciful" numbers?

I invest on a general market theme (housing and property in SE England) but take note of how "sentiment" plays out. Analysts and commentators numbers are just that but they do influence "sentiment" in my view.

How else would oil&gas explorationists get their shares ramped up for example? On facts? Lol!!!

Tks the updated info, Source.

Regards,

[source] 10/1/2016 09:14

Hi Sogoesit. £1 was quoted by Investors Chronicals Simon Thompson I think a few times. Copied it below for you. Note it quite old now and probably doesn't reflect the more solid developments Inland have made since then either:-"...Buoyed by a record land bank of over 4,500 plots, and with all the political parties recognising that the UK has a serious housing shortage, Inland is undoubtedly well placed to continue to realise the hidden value from its land holdings while at the same time ramping up its housebuilding operation. That's the main reason why analysts at W.H. Ireland calculate the company has a sum-on-the-parts valuation of 100p a share...."-- I think Wilton Park alone adds more potential than thought back in April, let alone the other pie's Inland has fingers in. Imp, DyorRegards,Source.

[davidosh] 10/1/2016 03:37

Sogoesit....Lots of different analysts will come up with lots of different figures for the NAV and none of them can possibly know exactly what will be included at the half year end or full year to June 2016.

It depends on what has been sold giving up to date valuations for other stock on the same sites and most importantly depends on planning approvals awarded which then creates upgrades for all the new plots with consented build out potential.


How can this be correct ?...

Analysts at Stifel reckon that adjusted net assets, which will be presented for the first time at the half-year results in April next year, will indicate June 2016 year-end net asset value (NAV) of 93p


At the half year results they will surely not give a NAV (or even forecast one !) for the June year end ??

[sogoesit] 09/1/2016 17:49

I will check the article and report back. I had it on my stock notes as a 93p target in Sweet (20)16!

Update to Source:
Here it is, a note written by Jonas Crosland of the Chronic Investor on 15/12/15

"Inland previously has not revalued its land bank, which is held at the lower of cost or net realisable value. Analysts at Stifel reckon that adjusted net assets, which will be presented for the first time at the half-year results in April next year, will indicate June 2016 year-end net asset value (NAV) of 93p, rising to 107p in 2017. At 75p, the shares are up since our buy tip (57p, 19 Feb 2015), and given the discount to forecast NAV, we stay buyers."

Are they wrong? Where does 100p come from?

Regards,

[source] 09/1/2016 14:32

I thought NAV was estimated over 100p?

Regards,
Source.

[sogoesit] 09/1/2016 12:56

Yes, great, heading towards 93p estimated NAV.
Who knows, could overshoot the target (that's if my aim is as good as usual!) :-)!

[source] 08/1/2016 17:41

Nice strong finish at the end of the trading session today...Encouraging to see.

Regards,
Source.

[pj 1] 08/1/2016 09:28

Maybe the elusive II is still buying slowly?

[blueball] 08/1/2016 09:08

Sure is looking that way.