Inland Homes Share Discussion Threads

[pavey ark] 26/6/2019 13:22

I doubt if their fledgling housebuilding arm could take on either site.
Their original business model was to buy brownfield sites , get planning permission and sell on so I expect there will be some element of that here.

The news this month has been of massive importance to the company so I expect they will require the extension to their year to sort it all out.

On the topic of the extension, I had to laugh at the silly posts suggesting that this wasn't necessary.

The share are better value now than at any time in their history and I include the silly 50p at the start of the year.
(see post 2818 and I've added since)

[philjeans] 26/6/2019 13:03

Steady BUYING all day.

Looking good for 70p this week.

[rob the slob] 26/6/2019 12:36

oi_oiThanks. Good idea. I'll check on Rightmove for resales.

[poole_studio] 26/6/2019 10:37

Do Inland have an option to buy out their joint venture partners? I imagine this will be a priority.

[shanklin] 26/6/2019 10:10

Exactly. I would much prefer they cash in a fair bit of the planning gain as a prudent risk reduction exercise. This would still leave them plenty to build out in future years.

[igbertsponk] 26/6/2019 10:04

No need to reduce debt as gearing will drop as land values get a massive planning hike.

[shanklin] 26/6/2019 09:33

I hope they start selling off some of this land now it has planning permission and reduce their debt significantly. All this debt is IMHO holding the share price back considerably as has been the case for many years.

[davebowler] 26/6/2019 09:18

I wonder what the revised NAV is?

[mallorca 9] 26/6/2019 08:34

Last week's price included the divi.
Take a long term view here - it's how big money I made.

[oi_oi_savaloy] 26/6/2019 08:33

Rob the Slob - It's hard to check the leasehold title tbh but in terms of the houses they build - assume they are all Freehold and for the leasehold apartments they are going to be selling, going forward, assume that all new leases will have the Ground rents set up in such a way as to not cause Media/customer rip-off/reputational harm/Social media/PR disaster. Inland is not a national builder (a sort of faceless entity if you will) - it's reputation is inherent to the product they deliver.

If you want to do your own research I'd look up the addresses on their Ashford hospital (or any other 'past site' - they'll have them on their website) then I'd go and look at the sales particulars on rightmove for any secondhand units for sale and if rightmove doesn't give the Ground Rent details I'd ask the sales agent for the details (just cold call them and ask the agent to confirm the GR details).

[igbertsponk] 26/6/2019 08:06

So still less market cap than it was a week ago before the planning.Crazy low price.

[spud] 26/6/2019 08:05

Just need to shake the overhang now. Once that's exhausted, we should be on our way.spud

[mallorca 9] 26/6/2019 07:50

They may well be bought out one day - but hopefully not in the next 5 years.

[philjeans] 26/6/2019 07:45

All the duck's in a row!

Opportunistic BID to come?

[mallorca 9] 26/6/2019 07:39

Market Cap is only £125m.
Surely one day this will hit £1b.
Probably a buy out target one day too.
It's one of the biggest holdings in my SIPP.
Long term hold.
I added on the recent drop when it went ex divi.

[philjeans] 26/6/2019 07:36

The BEST news here today - no time to sell!

Much more to come here now.

BUY.

[mallorca 9] 26/6/2019 07:27

Stick around here for the long term.
This one could make investors serious wealth.

[spud] 26/6/2019 07:14

Great news! Re rating underway.spud

[jaf111] 26/6/2019 07:05

Approval given.......

[golf12345] 24/6/2019 14:58

CrccCxxcxkk ap

[spud] 24/6/2019 13:36

D Day (or should I say C Day) tomorrow!

spud

[cheshire man] 22/6/2019 13:40

Well yump I took some profit off the table at resistance and you're spot on I put some of it into ASH :-)

[riverman77] 22/6/2019 12:29

Looking at this but still concerned about their very poor return on equity over past few years - the growth in nav per share has been negligible during period of almost perfect conditions for housebuilders. I guess they are still transitioning from a land trader to a housebuilder, but even so I feel they lack scale to match the bumper profits of the larger players.

[rob the slob] 22/6/2019 11:13

Thinking of investing here. Can anyone point to any info on the extent to which Inland Homes may have (or is protected from) future liabilities in any ground rent doubling / leasehold mis-selling claims that seem to be brewing generally in the industry?

[yump] 21/6/2019 11:55

70p is a very strong sell point if you're into charts and even if you're not, if you believe a lot of others are, then it might also be a sell point for a non-chartist. Although that would make you a chartist by default I guess.

Which all leads to a gradual and perpetual increase in the number of people using charts to make buy or sell decisions, which makes it work better and better, therefore confirming something that actually didn't have any statistical evidence in the first place.

QED the human race. Make some pseudo-science look credible and off you go.
Confused ? you will be.

Anyway I'm off to buy some turmeric supplement. Apparently amongst everything else it cures, it helps to ward off cynicism. But not irony.