Inland Homes Share Discussion Threads

[igoe104] 20/8/2021 13:26

I've been adding today. These seem a good recovery play at this level...

[finkie] 13/8/2021 11:33

Downbeat board! Inland Homes isnt a bad tip per say just timing wise you're all down on it. Its a strat land company and therefore a slow burner. I agree debt is high but going down and share price is roughly half the EPRA NAV. Im still looking through it but probably not a bad entry point now as a lot of these projects and planning on land when tipped a couple of years ago are closer to fruition.

[igbertsponk] 12/8/2021 15:52

Meanwhile...

[mrnumpty] 09/7/2021 16:38

Guys , thanks for the supportive replies - I had feared that I might be publicly executed here ! Another ST share which he was tipping some while ago is BATM , which continued to slide after his tip , although it has picked up recently , but it is still some way below his tip price . As I wrote , Small Company Share Watch , to which I’ve been a subscriber for maybe fifteen years , seems much better , especially it’s highest conviction shares , which are held in the Growth Portfolio 3 . Just for the sake of clarity I’m neither a ramp er nor a bot - I hate them all - just someone who wants us all to make money . Good luck all

[daneswooddynamo] 09/7/2021 16:23

You win some you lose some, inl management has tried to repeat the takeover trick by massively gearing up the company and the bidders just haven’t come knocking presumably as it is now easy to buy up sites without buying companies

[igbertsponk] 09/7/2021 15:57

If he was a decent tipster he would have retired long ago. DYOR.

[glenowen] 09/7/2021 15:56

I share your pain, Mr N, and agree about Simon Thompson. I have bought, at least, four companies - including Inland - on the back of his tips and every single one has been a complete duffer. Goals Soccer, which went bust, Ixico, and Loopup, which even after the precipitous slump, he was still touting as a good "recovery buy" - of which there has been precious little evidence so far!

He does, of course, have his successes but there have been way too many poor tips for my liking; or maybe I have just been unlucky. The other tipsters in IC seem to have more success that ST - such as Bearbull and John Rosier. But, yes, IC as a whole, does have a very patchy record on tips and they seem to adopt more of a "scattergun" approach on tips than they used to; the more companies you tip, the more likely some of them will be proved right.

I suppose the biggest lesson to learn from ST is that small companies are much harder to analyse and call correctly, that their larger peers.

[mrnumpty] 09/7/2021 14:53

Because Inland were tipped two of three years ago by Simon Thompson , the shares tipster of Investors’ Chronicle , I acquired a holding here . It wasn’t enough to be a core holding , but it was a fair amount of money . I can’t remember if I made or lost money with Inland , but I sold and moved on a couple of years ago . Although Simon Thompson does sometimes make some good “ buy “ tips , I’m not at all impressed by him and so I’ve just cancelled my subscription to IC . However , as I have just received this week’s copy , I was pretty horrified to see that the shares of Inland are slightly less than two years ago . Although the current price might well be a good entry point , money needs to work , not remain still or even decline for two years , and one would have been far better off in putting one’s money in even a half-decent pooled investment fund ( unit trust or investment trust ) . I’m afraid that it seems to me that there are too many disappointments in the IC tips , and I shan’t return to IC . Im sorry for anyone here who’s seen their money doing nothing or even losing money . A more positive thought - although it’s not infallible , my personal feeling us that Small Company Share Watch is much more successful , especially the shares in its “ Growth Portfolio 3 “ . I’ve also just taken out a subscription to its sister production “ The Momentum Investor “ . Good luck all and do your own research .

[bwm2] 04/7/2021 13:09

Cordwainer
Solid suggestion with genuine synergy but a tad ambitious for boot methinks. Jamie are you listening?

[skyship] 04/7/2021 09:28

ST in the IC returns to massage one of his Tips.

Closing para reads:

"Admittedly, Inland's shares are trading marginally below the 57.75p entry point in my 2019 Bargain Shares Portfolio, but I can see catalysts for a share price recovery. That’s because as the group reduces borrowings then the financial risk embedded in the share price (which has led to an elevated equity risk premium) should start to unwind and drive a material narrowing of the 45 per cent share price discount to European Public Real Estate Association (EPRA) NAV of £223m (97.6p a share). I am also reassured that management has taken action to address the construction cost issues (some Covid-19 related) that contributed to a below par gross margin in the first half. Recovery buy."

Happily I had the good fortune to sell a small position when the chart broke down through the very clear support at 59p/60p. Sadly CMC don't list INL otherwise I would have reversed my position with a short.

ST doesn't make a very strong case; so if they do bounce tomorrow, perhaps a good opportunity to sell into the rise...

[cordwainer] 30/6/2021 15:41

overly pessimistic outlook comments imho.
but 18 months of disappointment as a holder too.
small comfort that I averaged down a couple of times over the past 10 months.
at least gearing is heading in the right direction, and share price is still well below epra nav of around 97p.
i would welcome a takeover approach from e.g. Henry Boot plc right now, or any housebuilder looking to add to land bank.

[solarno lopez] 30/6/2021 10:28

They used to be so good particular Wickes but like all business that expand the guiding light namely Wickes cannot keep his eye on everything. So he delegates but those who have that delegation do not have the same drive as the founder.

[housing investment] 30/6/2021 09:38

Overall poor results in terms of reducing debt and a worry that they are having to report unforeseen cost overruns. Also has not addressed the issue of Hillingdon and JR of the master brewer PH. This is a hot market so should have been some good news that everyone else is seeing.

[scburbs] 30/6/2021 09:31

Always been very good at land development.

Housebuilding and partnership housing not so much. I should look at their collective profit or loss since they started these (probably not very much profit). Margin improvement always seems to be in the future whilst others rake it in. Need to sort it out this year or just focus on land development.

[irenekent] 30/6/2021 09:22

I wonder where they get the trades-people from to build their stuff in the South? Most of the Poles and other Eastern Europeans have gone home. The shortages of wood and other raw materials must also be causing problems.

[suetballs] 30/6/2021 09:07

House prices flying - inl share price cetainly isn't!
Been here a long time and getting somewhat frustrated.
Suet

[cheshire man] 25/6/2021 15:47

According to II

Next Event 30/06/2021

Half-Yearly Results

[fanshaw] 25/6/2021 15:41

Does any one know when final results are due many thanks.

[williamgtheobald] 24/6/2021 15:06

What a rubbish investment. share price has gone no where over the last seven years. Out of all the housebuilders to choose from I choose this dud!

[arthur_lame_stocks] 15/6/2021 19:05

Tell that to Diane Abbott (in words of one syllable).

[igbertsponk] 15/6/2021 15:29

The middle ground is being intelligent enough to get people to vote for you.

[yump] 15/6/2021 15:27

I'm sure there's a middle ground between ignorance and comprehensive qualification.

However, an argument that councillors are supposed to be a representative mix of the public and therefore cannot be deliberately made to be qualified in anything that they do, is reasonable enough.

Otherwise we wouldn't get the entertainment of asking a councillor about the data they've used on traffic routing clean air initiatives and the difference between smoothly flowing and stop/start emissions, only to find out they haven't a clue.

But that's another subject !

[igbertsponk] 15/6/2021 14:05

Take South Lakes Council, they have 51 councillors of whom a third are on the planning committee. A very high percentage for you wanting to be qualified.