Inland Homes Share Discussion Threads

[alan@bj] 05/5/2021 08:54

Thought these would have put on 2p on the news. Perhaps the expectation was already in the price?

[spud] 05/5/2021 07:37

Inland Homes PLC Major Planning Application ApprovedSource: UK Regulatory (RNS & others)TIDMINLRNS Number : 5441XInland Homes PLC05 May 20215 May 2021Inland Homes plc("Inland Homes", "Group" or "Company")Major Planning Application ApprovedInland Homes plc, the brownfield developer and housebuilder focused on building residentially led developments for direct sale or on behalf of partner organisations, announces that it has received a resolution to grant planning permission, subject to the signing of a Section 106 agreement, for 700 new homes and 25,000sqm of commercial space at Gardiners Park Village, Basildon.The planning application was submitted in conjunction with Homes England which has a majority interest in the site. The Company entered into a development agreement with Homes England in April 2020.Construction is expected to commence this autumn, following the signing of a Section 106 agreement within the current financial year and subsequent release of the planning permission. In total, around 220 of the 700 new homes on the 54-acre site will be designated as affordable housing for both rent and shared ownership. In addition to the commercial space, the development will also provide a site for a new school and the provision of sporting facilities both on and off site.The 54-acre site will have a gross development value in the order of GBP200m and the land will be acquired in phases over a five-year period.spud

[cerrito] 30/4/2021 14:06

I have been buying in small nibbles over the last 5/6 weeks and was thinking of further adding then just read this in the FT about price rises and shortages in supplies for the construction sector.

or fir thise who cannot access FT try


I am not sure how much flexibility INL have to offset rising prices. I went to the the last AR and looked in the risks section and rising input prices not listed as a specific risk.
Any delays to completing deals because of raw material shortages will impact INL more than others given their tight financial position.
Anyone have any views?
I did listen to the interim webcast of Bellway the only other builder in which I currently have shares. This was in March and at that time they were relaxed on availability but did mention timbers and tiles.

[sphere25] 22/4/2021 08:26

No problem solarno.

Nibbled a few here. Noticed the market makers are shifting higher. That is on all those big sells recently as well as a small batch of private investors lobbing yesterday too so that just tells us that there are large buyers in the market at that 58p and some market participants have noticed it with a few buys yesterday and today.

Again, hard to say if this movement on the back of these sells being mopped up is going to be the big breakout one, but it just makes it more interesting when such demand for shares comes in.

All imo
DYOR

[solarno lopez] 21/4/2021 10:06

Thanks Sphere interesting points

[sphere25] 21/4/2021 10:03

The interesting aspect is that these anomalous large volume clear outs can change the dynamics of a share. Quoted so many of these that either loiter about near lows or in ranges until stale bulls are mopped up by existing or new buyers who come in for substantial amounts.

This can cause an imbalance in the demand and supply dynamics which flows through to the price. It pays to keep a tabs of these because they can often signal the beginning of a change. Clearly it is all dependent on the company and events surrounding it so we have to be selective, but I'm sure most develop a nose for the good ones over time.

Considering the way INL has been range bound and significantly off pre-covid levels, it is clearly a sign there are stale bulls who are selling into those pops higher toward the top of the range.

The trades yesterday are significant for INL and the type of clear out that is needed here to give the share a chance of breaking through the top of the range i.e. clearing these sellers in size who keep lobbing there to knock it back down.

I am not suggesting INL takes off from here but watching closer when this type of activity hits the book. If I am quoting significant trades hitting the books on any share with a one or two liner, this is the reason why.

All imo
DYOR

[solarno lopez] 20/4/2021 13:25

As it always does !

[sphere25] 20/4/2021 13:22

Couple of interesting 5m chunks gone through here - standout for INL.

Chart is...well...

It is just bobbing around in a wider trading range atm.

Any more chunks to come?

All imo
DYOR

[solarno lopez] 19/4/2021 14:05

Double top

[cheshire man] 14/4/2021 08:10

I'm pleased with this update and continue to hold what I see as a very steady investment,,,,,,unless the story changes of course :-)

[spud] 14/4/2021 07:57

Good to see some progress at last.Hopefully the share price will respond accordingly. spud

[igbertsponk] 13/4/2021 11:55

Beaconsfield development - the "road to nowhere" that INL have been deferring completing until they've sold so many houses, they've now agreed to start building in summer with a completion in 2022.
Must have done a deal with the Council for some better planning....

[mr hangman] 01/4/2021 22:26

Yes I sold out at 80 a few years back, does not look like I've missed much

[spud] 01/4/2021 22:12

Losing patience with this one after 3 years. spud

[igbertsponk] 04/3/2021 09:42

Premier drive a hard bargain - didn't expect INL would pay for the bleedin beds!
I wonder if Wicks will spend June putting the duvet covers on?

[p1966] 04/3/2021 00:04

Hi FanshawSee audited accounts, page 31...the build also includes a 105-room hotel which was pre-let to Premier Inn and the investment was forward sold to Aviva for £13.3m.We are currently installing furniture into the rooms of the Premier Inn and are on track to complete in the first half of 2021

[fanshaw] 03/3/2021 16:28

Doe's any one if the sale of the hotel in Bournemouth was completed. I seem to remember a sum of around 10 million plus being being mooted .

[igbertsponk] 03/3/2021 16:14

Bit more strength on stamp duty holiday extension confirmation.

[igbertsponk] 01/3/2021 10:51

Nice recovery recently.

[davebowler] 22/2/2021 17:00

Investors Chronicle -

....In addition, income from land sales and current construction work should drive a reduction in net debt, too, as well as supporting a recovery in profits. In fact, house broker Panmure Gordon predicts free cash flow of £54m will reduce net debt to £98m in the 12 months to 30 September 2021 and pencils in a sharp recovery in pre-tax profits from £3.7m to £13.4m on 25 per cent higher revenue of £125m. On this basis, the shares are priced on a forward PE ratio of 11.5.

[spud] 22/2/2021 09:23

Decent volume today!spud

[suetballs] 21/2/2021 09:59

Like advn - google lseinl share chat.
Suet

[skyship] 21/2/2021 09:09

Sorry gb - but I still don't get it.....LSEast?

[grand bornand] 20/2/2021 14:06

* = East ( normally gets blocked by Advfn if you put in the full name )