Inland Homes Share Discussion Threads

[manrobert] 19/2/2020 08:45

certainly off to a flying start

[oldvic] 19/2/2020 08:36

steak building !!!

[mallorca 9] 19/2/2020 08:19

Looking quite strong against a weak market!

[manrobert] 19/2/2020 07:06

spobhow did you know I have just had my 80th birthday?

[sev22] 18/2/2020 22:50

I believe that Inland Homes remain a significantly undervalued company with a healthy pipeline of business but at risk of being acquired. Will they receive a bid in the coming months whilst shareholders wait for the dividend to be paid?

[spob] 18/2/2020 21:58

yeah but you could be dead before it's paid. Lol

[manrobert] 18/2/2020 18:45

xd on thursday

[thecroots] 18/2/2020 16:43

Yes and a flourish of buys late on....

[manrobert] 18/2/2020 15:34

I someone building a stake here.many large deals at mid price.

[bwm2] 18/2/2020 07:02

I think a better comparison is Gleeson which builds low cost housing in its localities and has a southern land sales division

[housing investment] 17/2/2020 16:13

Not sure you can benchmark Inland gross margin against the other pure housebuilders .... im guessing the profit includes land sales whereas most of the majors won't have that bolster the profit margins.

[spob] 17/2/2020 15:47

Crest Nicholson looks like a possible takeover target for one of the bigger home builders

[spud] 17/2/2020 15:41

Interesting - Cheers spob.

spud

[sev22] 17/2/2020 14:52

My initial view on the data from Brummy_git is how under-valued Inland are in comparison to some of the other house builders. One reason could be because the company is listed on the Aim market and doesn't get as much attention from the investment community.

[spob] 17/2/2020 14:48

Yearly snapshots don't really show anything for small homebuilders, given that large projects can take a number of years to complete.

[cerrito] 17/2/2020 14:42

Thanks Brummy_git
Apart from current +1 eps growth and current ev/ebit, INL are worse than the industry average.
That said not sure how comparable INL is with Watkin Jones, Mccarthy & Stone and Barratt-or indeed how these four names are comparable.
Would have hoped that INL ROE was higher than the industry average.

[manrobert] 17/2/2020 11:01

large volume for unchanged share price?

[sev22] 17/2/2020 08:00

ANOTHER POSITIVE UPDATE ABOUT THE HOUSING MARKET FROM RIGHTMOVE RELEASED THIS MORNING:

(Alliance News) - Rightmove said Monday the price of property coming to market rose in January as momentum builds ahead of the spring season.

The average house price increased by 0.8% in January - just GBP40 short of a new all-time high, Rightmove said.

New seller numbers were up by 2.1% in January compared to the same period last year, which is the first year-on-year rise for 13 months.

Market momentum has continued to build ahead of the spring moving season, indicating that there is likely to be a series of new price records in the coming months.

Upward price pressure was being driven by a post-general election release of "pent-up housing demand" and while there is a long-awaited recovery in the number of new sellers coming to market, this is being offset by a surge in demand from buyers.

"It's the first time for over a year that we have seen any sign of a return of seller confidence, albeit lagging behind the surge in numbers of early-bird buyers. Owners coming to market this spring face the best selling prospects for several years, with good demand for the right properties at the right prices. However, sellers should be careful not to get carried away with their pricing, as this is still a price-sensitive market with stretched buyer affordability," said Rightmove's Miles Shipside.

"Those who over-price risk missing out on the window of increased activity that could run at least until we approach the next Brexit deadline at the end of the year. Now could be an excellent time to get on the market and sell, seizing the opportunity of achieving a quick sale at a decent price," Shipside added.