Inland Homes Share Discussion Threads

[p1966] 10/2/2020 09:14

Per the INL corporate website, previous holding appears to have been 16 million.

[manrobert] 10/2/2020 08:54

many thanks.assume they are close to the directors

[spud] 10/2/2020 08:48

Indeed, a chunky holding -Inland Homes plc (AIM: INL), the leading brownfield regeneration specialist and housebuilder with a focus on the South and South East of England, announces that the Company received notification on 7 February 2020 that Mr M. H. Dixon and Mrs D. M. Dixon are now holders of 13,000,000 ordinary 10 pence shares of in the Company, representing 6.3% of the Company's voting rights.spud

[daicaprice] 10/2/2020 08:45

Must have been below 3% and non declarable.

DC

[manrobert] 10/2/2020 08:42

anyone know what te dixons previous oldin was

[sev22] 07/2/2020 17:22

A few chunky trades reported today including a delayed buy from earlier.

[spob] 07/2/2020 13:46

sold my remaining 1/3 today

may buy back again in the future

see how it goes

[sev22] 07/2/2020 12:19

2019 BARGAIN SHARES UPDATE BY SIMON THOMPSON IN TODAY'S INVESTORS CHRONICLE:

INLAND HOMES.

Aim: Share price: 87.2p

Bid-offer spread: 87-87.4p

Market value: £178m

Website: inlandhomesplc.com

Inland Homes (INL), a south-east of England-focused housebuilder and brownfield land developer, has reported a raft of positive news in the past 12 months.

At the end of the 2019 financial year, the company reported a record land bank of 7,796 plots of which more than 3,000 plots have planning consent and a further 3,533 plots form part of Inland’s strategic land bank, the majority of which is held under options that are exercisable at a discount to market value. The total land bank has a gross development value (GDV) of £2.4bn, a strong indication of the bumper profits to be released when the plots are either developed or sold on to larger housebuilders.

The decision to buy out the company’s joint venture partner at Cheshunt Lakeside, Hertfordshire, after the local authority granted planning consent last year, is likely to prove a shrewd and highly profitable decision. Inland controls 1,253 plots on the site with a GDV of £429m and Inland’s directors are evaluating their options to develop it as well as their flagship 100-acre development at Wilton Park, Beaconsfield. Wilton Park has been granted formal planning consent for 350 homes (GDV of £288m) and there are provisional proposals for further development on the site which could provide an additional 250 homes and 18,500 sq m of commercial space.

Inland now has 892 private homes and 921 partnership homes under construction, and is in discussions with build to rent operators to enter more deals that will reduce the company’s borrowings – Inland has net debt of £152m – and release capital to invest back into the business while at the same time further de-risking the forward sales pipeline. For instance, the company has just signed a contract with Octavia Housing, a leading provider of affordable housing, for the development of Afrex House, in Alperton, north-west London. The development of this former light industrial site into 31 one, two and three-bedroom apartments will support the broader regeneration of the Alperton area.

Annual results released last week revealed that the company’s European Public Real Estate Association NAV rose 13 per cent to £233m (113.6p a share) and pre-tax profit surged by more than a quarter to £25m, of which half represented a valuation gain on the Cheshunt site. However, I maintain my view that the Wilton Park and Cheshunt Lakeside flagship developments have scope to create £100m of additional value for Inland’s shareholders over time, a sum equating to more than half the company's current market capitalisation. A 3.1p a share annual payout produced a decent dividend yield of 3.5 per cent, too. BUY.

[sev22] 07/2/2020 09:35

Housing market showing 'further signs of improvement':

The recent revival in the housing market is continuing, according to the latest survey from the Halifax.

Prices rose by 0.4% in January, the lender said, with the annual growth rate edging up to 4.1%.

Russell Galley, managing director at the Halifax, said a number of important market indicators "continue to show signs of improvement".

"We have seen a pick-up in transactions with more buyer and seller activity consistent with a reduction in uncertainty in the UK economy."

However, he warned, "it’s too early to say if a corner has been turned".

"The recent positive figures may actually represent activity that would ordinarily have been expected to take place last year, but was delayed by economic uncertainty.

"So while housing market activity has undoubtedly increased over recent months, the extent to which this persists will be driven by housing policy, the wider political environment and trends in the economy.

Mr Galley added that Halifax was expecting "a moderate rate of house price growth over the course of the year".

[whackford] 07/2/2020 09:33

Thanks for direct link Skinny - I had some difficulty finding the ARA on website. Would have been sensible if RNS gave your direct link.

[mallorca 9] 07/2/2020 09:06

Prioritising Army Veterans - fantastic and about time too.
Well done Boris .

[sev22] 07/2/2020 08:12

Hot off the press:

[skinny] 07/2/2020 07:03

.

Inland Homes (AIM: INL) announces that the Report and Accounts for the 15-month period ended 30 September 2019 are available on the Company's website and can be accessed via The Report and Accounts will be posted to shareholders today.

The Notice of the 2020 Annual General Meeting, to be held at 2 pm on Wednesday 4 March 2020 at the offices of Panmure Gordon, One New Change, London, EC4M 9AF can be found on the Company's website at


.

[manrobert] 05/2/2020 15:35

of course.should be a good update.

[spob] 05/2/2020 14:04

When the new Bargain shares portfolio is published on Friday, he will also update on all the previous years selections (including Inland)

[manrobert] 05/2/2020 14:01

I am thinking as simon has not yet updated his current view on inland he may include them in his tips of 2020 in Fridays i.c ma.

[davidosh] 05/2/2020 13:43

I do not think that generally investors in Inland have been here for the dividend. It is not really an income stock. I prefer the growth and the fact that in the last year the share price has nearly doubled. I will settle for as little as 20% of that increase this year even if the dividend is only paid once during the year.

[spob] 05/2/2020 12:44

sellers are not missing out on dividends

because they can re-invest into other companies which are not skipping their dividends

just saying

[sev22] 05/2/2020 12:37

I suppose I was just surprised to see a few sellers who are going to miss out on a dividend payment, not too mention a 'Brexit bounce' in the market this year.

[spot1034] 05/2/2020 12:29

In previous years the final dividend would just have been paid at the end of January and we'd have been looking towards an interim payable in late June or early July. This second interim effectively takes the place of both, so not quite as healthy as it looks at first sight.

[sev22] 05/2/2020 12:25

It looks like the few who are selling have forgotten about the healthy dividend:

In recognition of the Group's continued growth and its planning consent achievements, the Board has declared the payment of a second interim dividend of 2.25p per share.

The second interim dividend is expected to be paid on 12 June 2020 to those shareholders on the register at the close of business on 21 February 2020. The ex-dividend date is 20 February 2020.

[sev22] 05/2/2020 10:39

That's disappointing but Inland probably have an option to buy the land subject to gaining planning permission.

It sounds like this development opportunity might need a couple of amended applications before the local council approves the final proposal.

[p1966] 04/2/2020 18:09

Positive view from UBS, referencing 11th March budget.https://www.google.co.uk/amp/s/www.sharecast.com/amp/news/broker-recommendations/ubs-ups-targets-for-swathe-of-uk-homebuilders--7286224.html

[sev22] 04/2/2020 11:40

Property market 'resilient' according to Land Registry.

There are some more property figures to consider as HMRC has today published its latest quarterly stamp duty land tax stats.

Stamp duty transaction numbers and receipts in the fourth quarter of last year have come in at roughly the same level as 2018.

That points to the resilience of the property market, reckons Andrew Montlake, managing director of mortgage broker Coreco.

“There was certainly no surge in the fourth quarter but neither was there a collapse and that’s proof of how many people wanted to get under a new roof before the sky potentially fell in," he said.

“The rise in the number of transactions claiming first time buyers’ relief bears witness to the urgency of many people to get onto the ladder before potential price rises in 2020, in the event of Brexit proving benign and the market rebounding."