Inland Homes Share Discussion Threads

[master rsi] 18/7/2022 08:39

Something positive on the horizon

There is a large buyer on the Market since late last week, just reported a 50K buy paying full offer 33p.

Level 2 has improved from last Friday 1 v 3 to 1 v 2
spread 32 v 33

[master rsi] 18/7/2022 07:50

Not many buys but that is what happens if there are hardly any sales ......


Inland Homes announces that on 15 July 2022 it purchased 24,000 ordinary shares at 32.47 pence

[master rsi] 15/7/2022 15:42

Plenty of demand till the end and with large trades

[master rsi] 15/7/2022 15:20

A delayed of large buy 100K @ 32.95p, so sales where paid higher bid price for that reason to fill the order

15:13:15 32.95 100,000 £32.95k

[master rsi] 15/7/2022 12:10

Buys go on and every time is paying a higher price..

12:56:35 32.75 16,353 12:55:39 32.6841 6,050 12:55:32 32.6803 6,306

[master rsi] 15/7/2022 10:36

A 50K buy got SING into the 32p bid

11:29 SING 5,000 32p11:29:59 33.00 50,000 £16.50k

[master rsi] 15/7/2022 10:20

re -Lol

It looks like they will have to use that "bonus" alright,
as the price is getting hot like the weather.

[spob] 15/7/2022 09:45

" those wanting to buy at 30p, by the end of the month after getting pennies as wages, will be late "


Lol

They can invest their energy/heating grant payments instead. Paid into accounts just the other day I think.

[master rsi] 15/7/2022 09:08

Share buyback from the 1st £1,000,000

There is still some money left £6,971.26

Money used so far £993,028.64 Money left £6,971.36Number of shares bought 2,462,178

[master rsi] 15/7/2022 08:16

Share buyback

Not able to buy many as the Broker uses any sales to get stock in order not to push the price higher and yesterday there were hardly any......

Inland Homes announces that on 14 July 2022 it purchased 20,000 ordinary shares at 31.00 pence

[master rsi] 15/7/2022 08:01

31 v 33p

CNKS has moved to bid also at 08:57

08:57 CNKS 5,000 31p

[master rsi] 15/7/2022 07:54

31 v 32p =
Unchange from yesterday close, only that the UT was at offer 32p and seems down but is NOT.

And ready to go better as Level 2 s improving from 1 v 3 at close
has moved to 2 v 1

bid
07:30 JBER 5,000 31
08:49 PEEL 5,000 31

Offer
32 5,000 SCAP 07:39
33 5,000 CNKS 07:53

[master rsi] 14/7/2022 15:41

And today a Director of Redrow, is not afraid of buying shares of the Housebuilder.

Redrow PLC - Ewloe, Wales-based housebuilder - Senior Independent Director Nick Hewson buys 20,000 shares at GBP5.20, worth GBP103,940, on Thursday.

[master rsi] 14/7/2022 15:18

the order book forced JBER to go into bid 31p with the "4" trade, as they sold 38K to a buyer

Level 2
15:59 JBER 5,000 31

trade
15:59:05 32.00 4 1.28 O
15:58:59 32.00 38,000 12.16k

[master rsi] 14/7/2022 13:58

That is it the bottom has been reached 31 v 32p +1p

those wanting to buy at 30p, by the end of the month after getting pennies as wages, will be late

[cielos] 14/7/2022 12:31

oi_oi_savaloy

>>>>>> I think you were out of order posting my profile.

Not at all, everyone can click and find the postings of everyone, naturally you have to know how to do it, and that was my idea of you reading you own postings again and realised of being mostly negative, or posting links that don't hyperlinked.
Now I know the main reason is, you are NOT a INL shareholder.

[mr hangman] 14/7/2022 12:11

bit like reading yesterdays TV page

[master rsi] 14/7/2022 10:59

Well a big change since, not showing trades but a complete change on the Level 2
spread 30 v 31.50p and 3 Market Makers have changed prices, naturally UP 4 v 1

Bid side
11:19 PEEL 5,000 30
11:41 PMUR 5,000 30
07:55 SING 5,000 30
11:42 WINS 5,000 30

offer side
31.5 5,000 CNKS 07:54
32 5,000 JBER 11:43
32 5,000 PEEL 11:19
32 5,000 SCAP 07:49

[master rsi] 14/7/2022 10:52

edit - That was 10 minutes ago, but I had a call and did not click....

Not much trades but it seems all are small buys, so Level 2 improving now 2 at bid

11:19 PEEL 5,000 30p
07:55 SING 5,000 30p

[oi_oi_savaloy] 14/7/2022 10:28

Just showing that there are other opinions out there (and more important - aren't my opinion - there are others, in the industry whom have given theirs).

If we're talking about Barratt then I'd suggest you look at Persimmon or bellway (I think they've performed better than Barratt, less debt too). I worked for Barratt from 2000 to 2009. Not that that makes me an expert on them or anything of course.

Look at the INL Z shares David - perhaps that's where the true return is.

Perhaps the dilution (agree with you on the 50p - I remember when they hit 75p and I thought, don't sell, they're going north of £1.....little did I know that that was pretty much the high-water mark). I bought energiser directly off the knowledge that Wicks and Nish were investors in that company too. Now Drumz of course and going in a different direction. I'm watching KCR too because of the Dominic White link between INL-Energiser/Drumz-KCR too.

I think what everyone misunderstands is that planning delays cost far more than just not crystallising the increased value that that planning permission represents.

The holding costs can be extremely detrimental to IRR/ROCE and thus the profit of the entire scheme.

Bearing in mind a big planning permission will cost £350,000 - with initial solicitors fees, architects fees, planning fees, political consultants fees, topographical, traffic, bat and newt surveys, highways, landscaping, intrusive surveys and the ridiculous amounts that planning boroughs want just to submit, nevermind all the pre-application costs, public consultation costs - if needed. They all have to be paid for upfront and more importantly out of equity - you can't usually borrow against the site as the deal structure that's usually agreed, gives you a right over the land, without actually owning it. You can't load the asset (be it a site, an offices or industrial estate) with debt because you don't own it and I think I'm right in saying it doesn't qualify for inclusion in an RCF either, if your company runs a RCF.

Planning is a nightmare. And when a site is called in by the secretary of state (their Hillingdon site) - that's the worst case scenario. Massive delays. They were only acting as development manager on that of course (and planning manager) but nevertheless....you've got to keep employing people whilst waiting for that site to come back (if it does) and the onward and continued costs (to argue your case with the Govt) continue.....

I've got a day off today so I can post when I wish (just before someone chirps up 'when are you working oi_oi').

I have to say - just because I'm giving an alternate viewpoint to some on here - I don't think I deserve the vindictiveness.

I might be totally wrong on inl, and they are going to fly. But having been in this share, and now out, as I've said, but having quite a close relationship with the various companies swirling around either the directors or inl, I feel I have as valid an opinion as anyone's on here. 30p could be the right price, or it might not be. Time will tell. Another land sale will do the trick imo.

[davidosh] 14/7/2022 10:06

Please play the ball not the man. We need to assess all news here and anyone with industry knowledge is very welcome to comment whether a shareholder or not.
We must not wear blinkers.

I do have concerns that the profits and highlighted potential returns from all the supposed amazing sites, land deals and planning approvals gained in the 15 years I have been a shareholder seem to have gained me a loss on the share price (Inland floated at 50p) and barely any income from dividends.

Either the company is not as good at delivering on that potential or someone is eating my share of the cake?

[master rsi] 14/7/2022 08:52

Another builder doing well ....

"Barratt Developments sees "excellent" year amid inflation

(Alliance News) - Barratt Developments PLC on Thursday said it delivered an "excellent" performance for its recently ended financial year, reflecting strong customer demand for homes and the productivity of its sites despite build cost inflation.

For the financial year that ended June 30, the Leicestershire-based property developer said adjusted pretax profit is anticipated to be in the range of GBP1.05 billion and GBP1.06 billion, slightly ahead of current market consensus expectations at GBP1.048 billion, and up from GBP919.7 million in financial 2021.

Barratt said total home completions returned to pre-pandemic levels, with 17,908 homes completed in the year, up 3.9% from 17,243 homes the year before."