Inland Homes Share Discussion Threads

[master rsi] 27/5/2020 09:15

Another move up this morning after a few large buys, there is always someone that take advanced of the rise to sell some.

[master rsi] 26/5/2020 16:55

At the end has managed to hold into the gains, the housebuilders have been very strong to the end of the day.

[master rsi] 26/5/2020 12:08

Excellent offer has gone to 50p and a couple of buys since paying 49.99p, so is looking good

[p1966] 26/5/2020 10:56

Yes, INL is currently lagging the sector. Once a couple of land sales go through, we ought to see a material re-rating as sentiment improves. In the meantime I'm sure work is continuing on further planning permissions. GLA and DYOR.

[master rsi] 26/5/2020 10:17

It seems a 50K buy paying full offer 49p has done the job to another move now at bid 48p. Maybe better time to come, and about time some will say.

[master rsi] 26/5/2020 09:59

Some buying as the Market is well up, but is needed much more to move the shares to last month prices at least for the moment being, The rest of Housebuilders are doing well today 4 to 7% rise, over here only back to 49p offer so far.

[master rsi] 18/5/2020 12:15

buys are showing in the trades though in small size

Someone says .... buying small I still can get below offer 49p

[igoe104] 18/5/2020 09:01

Things starting to look better for these

*Getting lots of approaches from major Housebuilders and Housing Associations for land

No reason why these shouldn't start to rise now.

[master rsi] 18/5/2020 08:56

COVID-19 update - sales and marketing suites to reopen

Inland Homes ("Inland Homes" "the Group" or "the Company"), a leading brownfield developer, housebuilder and partnership housing company with a focus on the south and south east of England, announces the reopening of its sales and marketing suites from 22 May to support its ongoing online and remote sales and marketing activity.

The decision follows the Government's recently updated guidance which removed the restriction on non-essential home moves and supported the return of activities related to the sale and purchase of homes.....

Inland Homes builds homes in areas of high demand and structural under supply in the south and south east of England. To recognise the efforts of 'key workers' in this pandemic, the Company is offering a 'key worker' discount on home purchases. Inland is also pleased to be launching a number of offers on its home sales for all other customers......

[master rsi] 18/5/2020 08:46

Joe..... you do not represent this contry on your posting

Moronic comment once more for those who believe Brexit with this PM in the front will solve all the problems in this country, so far it just made it worse from the economy to the pandemic.

[joe say] 18/5/2020 07:54

Love the greed of the non-execs

and tbh the execs. don't forget they're key shareholders so its only smoke and mirrors plus they still want to take their previous bonus.

I know, lets raise some capital - that'll do it

New LTIP anyone?

[master rsi] 15/5/2020 16:39

Some late buying after not charging so much as earlier
in total 118K on the last 30 minutes

[master rsi] 15/5/2020 12:10

On the last Update it says the wages bill should come down a lot

-- The Executive Directors and the Operational Board taking a voluntary salary cut of 50% per annum for the foreseeable future. In addition, the Executive Directors have deferred taking their annual bonus for the 15 month period ended 30 September 2019;

-- The Non-Executive directors have taken a temporary voluntary reduction in their fees of 25% per annum;

-- All staff working remotely earning more than GBP40,000 per annum have taken a voluntary salary reduction ranging from 9% to 40% per annum;

-- Over 70 members of staff have been furloughed under the Coronavirus Job Retention Scheme;

[poolestudio] 15/5/2020 11:29

I see building work has restarted at Bournemouth and deliveries are arriving. I imagine this is the same across the other sites.

[master rsi] 15/5/2020 10:56

Buyers are back today

[shanklin] 13/5/2020 07:36

christh

Yes, grew up in Shanklin.

[p1966] 12/5/2020 22:34

Could we see a bounce / reset of the share price once short term participants in the placing (taking advantage of the 11% discount) are out of the picture (if that is the reason for current weakness).Medium / long term prospects remain bright. Quoting a poster on another site 'has Covid-19 halved land value? No, I thought not'.DYOR.

[p1966] 12/5/2020 21:51

The difference a day makes:https://www.ft.com/content/e4990276-fb2c-4d0b-a58f-469d8d7d46a2https://www.theguardian.com/money/2020/may/12/housing-market-in-england-to-reopen-for-socially-distanced-property-viewings

[christh] 08/5/2020 08:13

Shanklin
Are you from the isle of Wight?

I have been there,beautiful place.


We should see some movement now the company is fully funded and ready to go

[shanklin] 05/5/2020 08:33

"The net proceeds of the Capital Raising will be used:

· to strengthen the Company's balance sheet;

· where the Directors consider it appropriate, to enable the Company to structure payments to its sub-contractors and supply chain so as to facilitate their return to site and/or the provision of essential materials at the earliest opportunity; and

· to provide additional liquidity to deal with this period and ensure that the Company is better positioned when the market returns to normality."

[skinny] 05/5/2020 08:22

Reasons for the Capital Raising

The Company has today also announced a further trading update (the "Trading Update") on the impact of the evolving COVID-19 pandemic and the additional actions that have been taken by the Company in response thereto. Clearly, the position continues to change rapidly and there is little indication of how prolonged or severe the effect could be on the UK housing market. Consequently, the Board has concluded that the Capital Raising is in the best interests of the Company's shareholders and wider stakeholders and will help enable an early resumption of the Company's housebuilding programme once the COVID-19 restrictions are lifted. The Group has a broad asset base with revenue streams that continue to generate cash flow.

[manrobert] 05/5/2020 08:20

that was the impression they gave.nothing positive in their statement

[irishmatt] 05/5/2020 08:09

That isn't what they said at all

[shanklin] 05/5/2020 07:49

It is very discouraging for a company to RNS that without a £10m placing they are unable to pay for building materials or subcontractors.

[manrobert] 05/5/2020 07:35

hese shares seem to have lost their way since the placing.looks like they need an encouraging announcement from the board