Inland Homes Share Discussion Threads

[spud] 23/1/2020 09:51

Traders imv David. The majority will never get truly wealthy. Buy right & sit tight is my motto. spud

[davidosh] 23/1/2020 09:29

If you are suggesting the directors will want the share price at least above £1.10 and the EPRA NAV is likely to be considerably higher than that...I do not understand why investors would be leaving here at 93p !??

Those selling must be traders who are not really interested in the long term growth story here. I have been a holder for 13 years nearly so I guess that puts me at the opposite end of the spectrum but just wondered why selling now?

[spob] 23/1/2020 09:27

i think they will be conservative and not give the true value

i'll say 130p

[igbertsponk] 23/1/2020 09:02

Lets have a guess at the EPRA NAV per share in the results this month. I'll go for 156p.

[ojja] 22/1/2020 18:32

Double current price / profits , 110 a share .... people selling at 93 ... anybody got a real idea , without any bull where it's going ??

[bwm2] 22/1/2020 18:00

I completely agree

[mallorca 9] 22/1/2020 15:59

Congrats to all those who banked a profit - that is what it is all about !

I'm holding all of mine as I see this doubling from here relatively quickly.

Can hardly see any mid term risk to the share price

Also, a nice divi coming.

[manrobert] 22/1/2020 15:34

n.y.boythanks for your ref to foxtons.i like the look of them and think I will buy.

[stevieweebie2] 22/1/2020 15:11

yes
took my profits at 93. lets see how it plays out, good luck to all.

[mw8156] 22/1/2020 15:10

have held INL for years for IHT relief-anyone know if it qualifies? can see it might not as a land trader as well as builder.

[ny boy] 22/1/2020 14:44

I prefer (FOXT) as a solid recovery sector play, with zero debt...a major investment attraction.

[manrobert] 22/1/2020 14:35

yes I did think that

[bramcych] 22/1/2020 14:20

Results will likely prove a game-changer with revised valuation and roadmap to monetise; interesting there may be a delay, could this be due to corporate activity.....

[manrobert] 22/1/2020 14:04

sold my holding at 93.4for justo ver £1400profit

[spob] 22/1/2020 12:46

banked 2/3 of mine @ 93p

let's see how the results go

the weighting had grown too big within my portfolio

[scburbs] 22/1/2020 12:22

Whilst the EPRA NAV growth from Wilton Park and Cheshunt is a key driver it isn't all about future balance sheet value here.

The near term pipeline under construction is promising a step change in profitability in the current year.

From the trading statement:

"As expected, private housing completions fell to 130 (2018: 275) due to the significant number of large-scale apartment developments under construction where occupations can only be achieved on handover of completed blocks. We currently have 889 private homes and 578 partnership housing equivalents under construction, which provides an indication of the current scale of our development programme."

So current homes under development are nearly 7 times the completions in this year (which is a 15 month period), so pipeline is full even before Wilton Park and Cheshunt.

The units under construction are probably a 1-2 year pipeline, but the half year results showed a forecast 521 private and affordable completions in 2019/20 which was over 3 times the forecast 2018/19 outturn at that point. Partnership housing was also forecasting c.50% growth. These numbers will have been slightly skewed by the change of accounting period, but the growth expected in the current financial year looks massive. The share price should be responding to this rather than the imminent historic results (other than the impact of the EPRA uplift and any forward guidance/updates).

[manrobert] 22/1/2020 11:13

they are even gotng up on sales now

[spud] 22/1/2020 11:07

It was actually buried deep in the accounts for this year 2/3 into all the housekeeping elements.

I don't think the Directors were too keen to publicise it for fear that there would be a sell off as the price approached the trigger point.

spud

[qs99] 22/1/2020 11:06

Near £200m market cap, still amazes me how much directors get paid on these tiddlers! but hey, if they get it to £1.50 I'll be v. happy haha...

[spud] 22/1/2020 10:43

Yes, I saw that some time ago. I did recently look for it (the 100p threshold linking to Director bonus) but couldn’t find it buried deep in the accounts.

spud

[mallorca 9] 22/1/2020 10:40

Don't want to tempt fate but I'm feeling a strong rise through £1 more towards £1.10 upwards ,maybe steeply upwards. The new land valuation figure could be a real biggie.

[skinny] 22/1/2020 10:37

A thing of beauty!


free stock charts from uk.advfn.com

[qs99] 22/1/2020 10:35

lovely job......all other builders have rocketed on back of recent upbeat assessments in London etc.....let's hope INL RNS can drive them through £1....DYOR