Inland Homes Share Discussion Threads

[shanklin] 30/4/2020 08:06

Rather surprised they cannot afford build materials and subcontractors without this placing. Cash sounds very tight.

[p1966] 30/4/2020 07:58

Agreed that logically the share price should dip slightly - although GLE raised 16.4m @ 600p and the share price has strengthened. Regardless of short term price fluctuations, the INL capital raise will improve liquidity and is a sign of confidence.

[skyship] 30/4/2020 07:32

Today's placing announcement will obviously knock the price back; but encouraging that broker advice will be supportive of the 47.5p issue price.

[cerrito] 29/4/2020 11:55

Master RSI
What was interesting to me about the Persimmon announcement was no mention of when they are recommencing land buying...no idea if they were one of the three major national housebuilders who as per the March 30 RNS INL had to abort a land sale.

[master rsi] 29/4/2020 11:32

Paying full offer 56p now after finally moving higher
The volume is reaching the amount of almost the full day yesterday and is only 11.30am
Volume is what is needed to BREAKOUT from the last intraday high 55.50p

[master rsi] 29/4/2020 10:55

Buys at top offer 53.99p and sells at 53.20p but MMs have not moved up the bid price yet from 52p Cheeky.

[master rsi] 29/4/2020 09:14

Slowly is building up once again up on the bid

Further good news from the main builder...
"Persimmon confident as it goes through phased building restart
The FTSE 100 housebuilder said it saw a “strong” start to the year before the Covid-19 lockdown, with an average private sales rate per site around 10% higher year-on-year in the first 11 weeks."

[master rsi] 28/4/2020 15:41

About time the 53p offer went

[p1966] 28/4/2020 11:19

Supply chain beginning to normalise:NS Number : 0428LForterra plc28 April 2020Recommencement of operationsForterra plc, a leading UK producer of manufactured masonry products, provides an update on the recommencement of business operations.Since our announcement of 24 March 2020 in which we stated that Forterra would be suspending business operations until further notice, the Group has been planning alternative working practices that enable manufacturing facilities to operate whilst keeping employees safe and maintaining social distancing.Working to the guidance from Public Health England and the Construction Leadership Council we have been able to continue manufacturing small volumes of precast concrete products to support essential public sector projects. In addition, we have continued to service customer demand delivering our brick and block products from inventory.Responding to news that housebuilders are to begin a phased re-opening of building sites along with many builders' merchants reopening and having undertaken the necessary risk assessments, we will relight the kiln at one of our brick manufacturing facilities this week ready to restart production. We will also recommence production of hollowcore concrete flooring to service customer requirements.The Group expects to recommence production at two further facilities in May although due to existing inventory levels, it is currently anticipated that the majority of Forterra facilities will not resume manufacturing before the summer. Should demand increase at a faster rate than expected the Group retains full flexibility to reopen facilities sooner.Stephen Harrison, Chief Executive at Forterra, said, "This move means that we are able to support our housebuilder and merchant customers as they also begin the process of returning to work over the coming days and weeks, ramping up our production as required in response to inventory levels and market demand."This return to business is encouraging and we must all adjust to new ways of working that ensure the safety of our staff and our customers and the continued success of our industry."

[master rsi] 28/4/2020 10:25

Slowly the share price is warming up like the market, a good sign that buys are paying almost full offer, so far not much trading everywhere but the building sector is UP again today.

[cheshire man] 27/4/2020 11:45

Chart looks good for a move up, I was lucky to have bought the dip and happy to hold for the recovery :-)

[master rsi] 27/4/2020 09:45

Rise first thing this morning as one MM was back up on the bid after moving lower last Friday 30 seconds before close ( games )

Had some support since as the rest of Housebuilders. Another one Redrow to restart construction in May

[master rsi] 24/4/2020 09:36

Going places now as we are reaching 103k shares of volume

[cerrito] 24/4/2020 08:05

Persimmon starting up but nothing on their land buying status but no doubt that will be released in next Wednesday 's trading update.

[master rsi] 23/4/2020 16:09

Once again at 50p +3.50p after a few buy today

The large buy trade below, delayed by 1 hour is the one that got the stock rolling afterwards

23-Apr-20 12:56:09 48.00p 56,860 spread at the time 46 v 48p

[master rsi] 23/4/2020 13:25

All the House builders were moving earlier on
now is the time for INL

[spot1034] 23/4/2020 09:45

Steve Sedgewick on CNBC just now standing beside a road in north London pointing to a steady stream of construction lorries going past, which has been the case all the time he's been there during the morning. There appears to be quite a bit of activity already.

[davebowler] 23/4/2020 09:39

Free access to latest Housebuilder Research from Cenkos -

[cerrito] 23/4/2020 08:15

I also see that TW.starting to look at land purchases on a selective basis but Vistry not doing anything at the moment.
This is the key for INL.
Good that cancellations at TW. were so low.
The impression I got from both Vistry and TW. is that neither will be working hammer and tongs in the immediate future-but of course news from both companies welcome

[manrobert] 23/4/2020 07:56

I thought it said preparations to start construction on11th

[eeza] 23/4/2020 07:55

Subbies start from April 11. Prep for the subbies starts on 4th.

[igoe104] 23/4/2020 07:53

It's the 4th may not 11th, manrobert

[shanklin] 23/4/2020 07:51

Vistry starting on 27th April. Lets hope INL do the same.

I have no idea why the building sector stopped working in the first place albeit appropriate social distancing measures are definitely needed