Inland Homes Share Discussion Threads

[poolestudio] 13/4/2022 10:18

The purchase by Mr Wickes is a sign to the market that he is not aware of any information which is not known to the public which might impact the share price. Otherwise he is prevented from buying or selling. Which is probably more important than a relatively modest further commitment. I have bought at this level before and my finger is hovering.

[master rsi] 13/4/2022 08:33

40.50p +0.25p / 2 directors buying stock yesterday, perfect timing yesterday at "UPS"....

Inland Homes - Director / PCA Shareholding

The Company was advised on 12 April 2022 that Stephen Wicks, an executive director of the Company, bought 137,191 Ordinary Shares of 10 pence each in the Company at a price of 40.5 pence per Ordinary Share.

It was also advised that Jennifer Wicks, a PCA of Stephen Wicks, bought 59,322 Ordinary Shares at a price of 40.5 pence per Ordinary Share.

Following these transactions, Stephen Wicks' beneficial holding is 17,960,084 Ordinary Shares.

[techno20] 13/4/2022 08:31

Couldn’t resist another top up. Can’t see this staying independent for long given the discount to NAV of 108+.

[george stobbart] 13/4/2022 08:26

insiders buying stock means we're *likely* bottoming around here

[igoe104] 13/4/2022 07:16

Large buys for the Ceo and his partner. A big green flag that is ..

[master rsi] 12/4/2022 23:58

before the day is over.. i selected the stock earlier on the "UPS" thread

Master RSI 12 Apr '22 - 14:37 - 231 of 243
UPS
INL 39.50p (39 v 40p)

The last mark-down today and now on the up with volume buying, Well undervalued on looking at the NAV of 108p on the last report. Also oversold on the Indicators as has come down from 58p on the last 3 month. Charting was under the Lower Bollinger Band ( buy signal )
Signals: buy at lower, sell at top Band

[master rsi] 12/4/2022 15:48

Large buys go on the last one 59K, the share price does the bounce 40p bid now

15:44:21 40.445 59,322p £23.99k

[master rsi] 12/4/2022 14:56

INDICATORS at oversold territory

[master rsi] 12/4/2022 14:50

Ready for the bounce

The early mark-down this morning was a way of seeing if buyers would return or sell further.

The buyers took their time but eventually did and now are pouring in with large size buys.

Volume buying will take the shares back into the positive territory and eventually into the bounce much expected by the shareholders.

[george stobart] 12/4/2022 12:22

just start a strategic review and sell the company out

what does the board don't understand?

[my retirement fund] 12/4/2022 12:01

This was always dodgy though, wasn't it ?

[hedge fund harry] 12/4/2022 11:02

WTF! The discount to NTA is 63%. I've never seen a housebuilder/regeneration specialist this cheap wrt to NTA never mind one that is on a per of 8.

[igoe104] 08/4/2022 10:28

Totally agree, if it was anything dodgey about the CFO they would have had to announce it. Yep, think its something personal. Possible harassment etc

[oi_oi_savaloy] 08/4/2022 09:26

I think the gary skinner sacking has something to do with him rather than performance of the business. Perhaps that's why they haven't elaborated. If there are contracts that have been materially affected (ie they are under-water and causing a structural shift in the business) then I'd expect an RNS on that basis.

Perhaps? If it's a harrassment issue or something - perhaps it's just a coincidence he's gone shortly after the construction director?

One can pray/hope eh?

[finkie] 08/4/2022 09:06

Wow md has been booted out this doesn’t bode well, that’s a major failing somewhere, board not elaborating because they know it is an issue. Until the issue and the ramifications are known you’re buying blind. Build costs could be 20% higher that’s a huge loss on the type of projects they undertake unless they were locked in with a tier one contractor at fixed prices pre build cost inflation. The amount of work they have a timelines mean some contracts might be ok some definitely won’t. Litigation will ensue I feel no winners then either way.

[skyship] 08/4/2022 08:47

Been a rather dire few months for holders; but INL totally loveless, therefore likely undervalued down at 41.5p. Debt down; housing in demand; massive NAV discount....and all on a PE of a mere 8x.

More than likely to see a bit of a recovery from this oversold level.


free stock charts from uk.advfn.com

[oi_oi_savaloy] 07/4/2022 14:49

The trouble is, people think it's a piece of p*ss to do what INL do. get a bit of land, get planning, make millions. That's what people think. And it couldn't be further from the truth. Planning is a nightmare (simply getting a response is a nightmare)...always has been but it's shambolic at the moment. And you're looking at hundreds of thousands invested, at massive risk. And time. I thought that the mixture of different facets to INL (building out, trading some sites, building for others) would work.....but clearly something has gone massively wrong. I suspect the build contracts couldn't forsee the rise in all costs associated with delivering a project..... I thought their contracts would place the risk of this on the client.....but it seems not (not that I know for certain.....but why else would we be languishing and why else would INL not tell us what they got for the land sales recently?) Probably because the land sales money has simply gone into plugging a working capital need......I think this share has further to fall.

[camerongd53] 07/4/2022 14:21

I was disappointed with share price of Inland over recent months.
Yesterday's announcement does not help and what it doesn't say doesn't help either.

What has happened I hope is not a complete surprise to the BoD. I would like to think a full strategic review is already taking place to ascertain the extent to which the existing business strategy is to be proceeded with and if not whether it is to be adapted or the company should be put itself up for sale!!
I personally currently would gladly accept an offer of 50 pence or above

[2wild] 07/4/2022 12:41

FarnesBarnes I built up a position at prices between 46.3 and 50.6p. Top sliced 25% at 54p to reduce my average price and lock in some profit. At 57p on the back of frising interest rates and pending tax increases I sold 75% of remaining holding. Bailed out of the rest at 54.2p as markets began to fall. 40.5 p seems a good re-entry point yesterday,, as The Fall looked over done.

[solarno lopez] 07/4/2022 09:43

Thank you FB

[farnesbarnes] 07/4/2022 09:32

2wild

Why would you be selling only a few months ago between 57p and 52p, when there is as you suggest, worthwhile nav upside? Should you have been buying then as well as now? And buying even more now and holding based on implied valuation? Averaging down, dollar cost averaging, etc?

Or are you trading INL?

[farnesbarnes] 07/4/2022 09:27

The trick to charting / TA is to keep it as simple as possible. Less is more.

Sloping lines are generally not support or resistance, but more an indication of trend in the same way as a moving average is.

Support and resistance are not time dynamic (or if you will, inflationary or deflationary). Human psychology is such that we anchor to a price at which we dealt previously. Say you buy at 100p and it goes unexpectedly sharply to 80p, and manages to get back up to say 95p, a lot of holders might be happy to exit. Here, no sloping trend line will help, but a horizontal line/area on chart will.

Back to INL. Generally done nothing over the last 2 years. buywell3 chart above shows support generally at 45p level. However, yesterday's price action negates that. Next support is at the Covid low of 32p ish. Clearly the short term trend is down and news back thats up. Tough times for INL no doubt. Very tough.