Inland Homes Share Discussion Threads

[yump] 01/11/2017 10:10

Just goes to show how disgustingly selfish we've become when you read that poster that said they didn't want to have spent their hard-earned money to live next to affordable housing.

Yes, that's the housing that my graduate scientist daughter will probably be struggling to afford and my neighbour's doctor son.

Lets hope the nimbys can do their own operations then. So they can carry on living next to the well off plumber who has two BMW's, the drug dealer with the Vogue and the bloke who owns the parasite claims company that keeps pestering us all.

PS got nothing against plumbers - its just that the nimbys surely wouldn't want to live next to someone who has dirty hands occasionally ;-)

[zulfikar] 01/11/2017 10:00

Beaconsfield Town Councillors 'disappointed' with plans to build 300 homes on former MOD site Wilton Park


Councillors in Beaconsfield say they are "disappointed" with a developer's plans to build more than 300 homes on a former MOD site in the town - and have officially objected to the proposals.

Beaconsfield Town Council has responded to the plans - which were finally put forward by Inland Homes in September after more than two years of detailed consultation with residents - and urged developers to rethink.

The council says the application to demolish 40 houses on the site and build 304 new homes as well as parkland, sports pitches and community facilities, "breaches the stated objectives and spirit of SBDC's [South Bucks District Council] core strategy and planning brief for the site".

Councillors also say they are "especially keen" to see the requirement for 40 per cent affordable housing on the site enforced.

Deputy planning chairman, Cllr James Hartley, said: “Beaconsfield needs more affordable housing and better infrastructure if this development is to go ahead.

"The developers offered so much in their consultations that is now missing from this application and we urge SBDC to turn it down and Inland Homes to rethink their proposal.”

[grahamburn] 27/10/2017 15:17

You - or everyone else?

[shaker44] 27/10/2017 15:09

I think the point is being missed. Flogging a dead horse...

[grahamburn] 27/10/2017 14:43

It's nigh on impossible to "massage" a 50% increase in the share price in an effort to meet LTIP targets!

[igbertsponk] 27/10/2017 14:36

Their share interests far outweigh their LTIP ones, so the LTIP not likely to drive such a decision.

[shaker44] 27/10/2017 13:06

So if they sold out at 93p to get their bonuses, that would be ok, because it worked for you. Hmmm. The point of companies needing independent remuneration committees is to protect shareholders from manipulative bonus schemes like this.
Not easy but not impossible.

[igbertsponk] 27/10/2017 12:35

Well the next LTIP target is 92.6p, so if they can massage us all a 50% rise I for one will not be whining!

[shaker44] 27/10/2017 12:23

So if they massage the Sp to get their ltip bonus, by buying in shares, that counts as performance worthy of a bonus I suppose...

[igbertsponk] 27/10/2017 11:42

Bonuses capped at 100% of salary. LTIP could get them considerably more.
The whining about bonuses was what got me into this share at 18p. Happy for you all to start whining again!

[pi0110] 27/10/2017 11:16

So what's the point of giving bonuses if the effect is not long term FFS. Get a grip Igbert.

[igbertsponk] 27/10/2017 10:48

Bonuses are short term, LTIPs are long term and tie you into creating long term value.
All clearly set out on pages 54 onwards of

[spud] 27/10/2017 10:47

You say potato, I say potarto. spud

[shaker44] 27/10/2017 10:38

Given that ltip is long term incentive plan, seems odd to say it is not a bonus!!
Certainly when I had ltip I regarded it as a bonus. If not, what??

[igbertsponk] 27/10/2017 07:11

Those are not strictly bonuses. And if you've got a problem with the directors being rewarded for long term value creation (which is Inland's goal) then that's very odd.

[david77] 26/10/2017 19:54

"david77 19 Oct '17 - 20:02 - 2396 of 2399 0 0 Edit
The dirs bonuses are dependent on a high share price"

See pages 55 and 57 of latest report which give share prices to be achieved to enable new ordinary shares to be issued. "... The performance target under the 2013 LTIP for the financial year ending on 30 June 2017, which would have earned the equivalent of a further 2,000,000 ordinary shares, was not achieved as the Inland Homes plc share price did not exceed thee necessary threshold price of 84.2 pence per ordinary share for the qualifying period. ... "

[zulfikar] 25/10/2017 13:46

Plans for ‘second phase’ of 32 homes
------------------------------------

32 further homes could be built next to the site of more than 40 homes already under construction.

Inland Homes have submitted a planning application to build 32 homes on the land at the corner of Gardiners Close and Gardiners Lane South.

The same company were granted planning permission to build 43 homes off of Gardiners Close in August last year.

These further homes are described as a "second stage of development" on the site.

The houses will be a mixture of one, two, three and four bed houses and apartments, with 30 per cent of those proposed.

The site forms part of the larger Gardiners Lane South area which was highlighted as Comprehensive Development Area in the 1998 Local Plan by Basildon Council.

The major redevelopment would include 660 houses as well as business space, which could lead to up to 7,000 jobs being created.

The design and access statement said: "The proposed development comprises clearance of the site and the creation of 32 no. one, two and three bedroom houses and apartments, plus associated roads, car parking, amenity space and landscaping. The whole of the site will be in residential use.


Full article:

[shaker44] 25/10/2017 13:27

Persistent seller again today @60.5.
Strange when they are so undervalued imo at that level

[igbertsponk] 20/10/2017 09:20

No they're not.

Deferred Bonus Plan
The Deferred Bonus Plan came
into effect on 1 July 2013. Executive
Directors can earn up to 100% of basic
annual salary as an annual bonus. The
plan provides for 50% of an Executive
Director’s bonus to be mandatorily
deferred into ordinary shares in the
Company. Under these arrangements,
bonuses would be based on a percentage
of the individual Executive Director’s
base salary as follows:
• 50% of salary for “on target”
performance; and
• a further 50% of salary for “outperformance”.

For example, for achieving 90% of on
target performance there will be a
discretionary bonus of up to 25% of
salary (and pro-rata between 90% and
100% of on target performance) and
there will be no bonus for less than 90%
of on target performance.
The target is measured by reference
to two equally weighted performance
measures, namely:
i. profit before taxation as compared
with brokers’ market forecasts
following the announcement of the
preliminary results of the previous
accounting period; and
ii. net debt levels.
Once the quantum of the Executive
Directors’ bonuses has been calculated,
these will be settled as to 50% in cash
and as to 50% by the issue of ordinary
shares of the Company. The issue of
any ordinary shares awarded under the
Deferred Bonus Plan will be deferred
for three years and will be subject to
forfeiture in the event that an Executive
leaves the Company as a “bad leaver”,
but would not be subject to further
performance conditions.

[david77] 19/10/2017 20:02

The dirs bonuses are dependent on a high share price

[spud] 19/10/2017 11:59

I'd suspect the buying is intended to hold the price above 60p. spud

[cheshire man] 19/10/2017 11:13

Another buy back yesterday I see shame we did not hold onto the rise but no doubt will recover

[spud] 11/10/2017 09:28

Interesting to see that yesterday despite the rise, there were no shares bought by the Company.Bodes well & I suspect a few short positions were closed.spud

[mfhmfh] 10/10/2017 23:20

26 day MA has crossed the 50 day MA.

SP has crossed the 200 day MA.

200 day MA turning positive for first time since around mid-2016.