Inland Homes Share Discussion Threads

[george stobbart] 06/9/2022 07:18

closes 15p today if we are lucky

hide your kids, hide your wife

[suetballs] 06/9/2022 07:15

Looks like all the concerns aired here were well justified. The share price will get hammered today and I can’t see a return to the old days. What a shame!
Suet

[c3479z] 06/9/2022 07:13

2 wild
not likely in view of today's statement...
the share buybacks did not make any sense at all and now one of the covenants has been breached, altogether a complete shambles.
think the executives should all be sacked rather than promoting the CFO to acting CEO.

[2wild] 05/9/2022 21:30

Inland Homes on 2 September 2022 purchased an aggregate of 75,784 ordinary shares at a volume weighted average price of 27.99p.


VTY has agreed to purchase another housebuilder. Hopefully someone will buy this for 60-70p.

[master rsi] 02/9/2022 08:34

Another 75K out of circulation after early sales as the market was moving well down .......

Inland Homes announces that on 1 September 2022 it purchased an aggregate of 75,185 ordinary shares at a volume weighted average price of 29.29 pence

35,185 29.40 08:36:11
40,000 29.20 13:04:08

[master rsi] 31/8/2022 16:15

It seems at this price the buyers though in small size are returning, as the large sales have gone today.

This morning 25K must be buyback

A short of double bottom if it manages to bounce back

[master rsi] 31/8/2022 15:45

While there is sales there is an opportunity to buyback and it was 70K in 2 lots, they bought early when they should know the best price is around the end of the day lately....

Inland Homes announces that on 30 August 2022 it purchased an aggregate of 70,810 ordinary shares at a volume weighted average price of 30.00 pence

20,810 30.00 08:41:47
50,000 30.00 10:41:01

[cc2014] 31/8/2022 12:19

The issue is the same as it ever was. INL has too much debt. Or more precisely the market thinks it has too much debt. The two are likely the same.

The directors have stuck two fingers up at the debtholders with the share buy-back. Even if the directors are right about it, it doesn't matter now, the debtholders don't trust them and will demand a bigger premium to the base rate than they would otherwise have done.

The only real buyer in the market is the buy-back and a few PI's who have pulled in by the ramping. The PI's pulled in by the ramping are short term holders and will be looking to leave to go to the next hot stock. Only they have to offload their stock onto the sharebuyer or other PI's

What I see is low liquidity apart from the buyback. Once it stops and it will, there will be no home for holders whether institutions or PI's to offload their stock onto.

We could discuss whether 30p is a decent price or not but it doesn't matter right now. Buyers have all the time in the world to buy and every day they don't buy it's getting cheaper. Sellers know they've got to offload on the share buyback else they won't be able to at all.

[oi_oi_savaloy] 31/8/2022 11:50

Interesting to see no one is complaining that the share price is now back down under 30p......when the last time this happened (and I happened to mention a number of headwinds across the macro/micro environment that INL find themselves in) I was called out by a number of persistent posters on here.

I can't currently see a floor for the shares? 27p? 25p? 20p? Let's hope the results give greater clarity (should do) and I'm convinced that completions will show v strong average pricing; it'll now come down to the main-contracting side of things (and any variances).

[master rsi] 30/8/2022 11:15

UK mortgage approvals nudge up in July despite higher interest rates
(Alliance News) - UK mortgage approvals edged up in July, but remained below the pre-pandemic average, data from the Bank of England showed on Tuesday.

Approvals for house purchases, an indicator of future borrowing, increased to 63,770 in July from 63,184 in June. However, both figures are below the 12-month pre-pandemic average up to February 2020 of 66,800.

July's slight uptick comes despite concerns the UK housing market will cool this year, with rampant consumer price inflation crimping household budgets and rising interest rates adding to borrowing costs. The BoE enacted its largest interest rate hike in 27 years earlier in August, lifting the benchmark rate by 50 basis points to 1.75%.

Net borrowing of mortgage debt decreased to GBP5.1 billion in July from GBP5.3 billion the month before, but was still above the pre-virus average of GBP4.3 billion.

"The 'effective' interest rate – the actual interest rate paid – on newly drawn mortgages increased by 18 basis points to 2.33% in July and is the highest since June 2016," the BoE noted.

[master rsi] 30/8/2022 09:31

Two good size buys (70K total) with one at the lowest price so far 30.40p ....

Inland Homes announces that on 26 August 2022 it purchased an aggregate of 70,723 ordinary shares at a volume weighted average price of 30.53 pence.

35,723 30.65 12:00:35
35,000 30.40 16:22:45

[master rsi] 26/8/2022 16:05

Some other people say.... YOU SH!T person do NOT own
this thread

So SHUT UP and do the Sh!t in the proper place the "Commode" for YOU

---------------

It seems there were buyers at 30.50p offer and went to 31p

[master rsi] 26/8/2022 08:45

Brokers buying for the company were (OFF) in the afternoon as one was able to buy below 30.50p ( 30.40p really )....

Inland Homes announces that on 25 August 2022 it purchased 20,106 ordinary shares at 31.15 pence

[master rsi] 25/8/2022 14:03

A good size 67.9K in 2 lots with one of the best prices so far ....

Inland Homes announces that on 24 August 2022 it purchased an aggregate of 67,982 ordinary shares at a volume weighted average price of 30.80 pence

32,000 30.85 08:16:43
35,982 30.75 11:17:32

[master rsi] 24/8/2022 09:02

On a busy selling day brokers managed to buy 45K, could have been cheaper if buying later ...

Inland Homes announces that on 23 August 2022 it purchased 45,000 ordinary shares at 31.50 pence

[master rsi] 22/8/2022 09:15

Not much trading last Friday so only 30K bought and left it to the end of the day after a couple of sales and had to pay a bit more than the day earlier...

Inland Homes announces that on 19 August 2022 it purchased 30,000 ordinary shares at 32.00 pence

16:27:09 31.995p 30,000

[master rsi] 19/8/2022 15:36

31.50 v 33p +0.75p

Easy mark-down easy mark-UP

[master rsi] 19/8/2022 09:36

Company managing a good 3 lots = 50K when share price was at bottom
The best deals so far since starting buying back the shares

Inland Homes announces that on 18 August 2022 it purchased an aggregate of 50,000 ordinary shares at a volume weighted average price of 31.30 pence Individual ransactions:

Number of shares purchased Transaction price Time of transaction (pence per share) 30,000 31.38 08:05:58 ------------------ ------------------- 10,000 31.00 09:27:41 ------------------ ------------------- 10,000 31.37 09:57:53

[master rsi] 19/8/2022 08:53

re - Are we ready to change the cycle?

2 good size buys and got the bid moving 31.50p
that is 2 changes since yesterday's early low.

08:38:03 31.87 31,000
08:38:52 31.87 50,000

[master rsi] 18/8/2022 23:06

REPORT - LONDON MARKET CLOSE:

"London's blue chips also got a boost from a rebound from the UK's housebuilders. A day after finishing at the bottom of the FTSE 100, Persimmon closed out Thursday as one of its best performers.

On Wednesday, Persimmon said its half-year earnings declined. The York-based company said revenue in the half-year to June 30 fell 8.3% to GBP1.69 billion from GBP1.84 billion a year ago. Completions during the half amounted to 6,652 new homes, down from 7,406 a year earlier, as expected.

Despite the fall in profit, the housebuilder remained optimistic: "While near term uncertainties continue the longer-term fundamentals remain strong," it said. It continues to target around 10% growth in active outlets by the end of 2022.

It added 2.2% on Thursday, regaining some of Wednesday's 7.8% loss. Rivals Barratt Developments, Taylor Wimpey and Berkeley followed suit, adding 1.6%, 1.8% and 0.8%, respectively."

[master rsi] 18/8/2022 12:32

Are we ready to change the cycle?

[oi_oi_savaloy] 18/8/2022 09:44

I still can't understand why you do this RSI - there's an RNS, each morning, that comes to our own email addresses (if you've signed up to it, which I have and loads on here have)....the info is on INL's website or it's posted on advfn or lse's websites in the respective INL area each day, literally as the RNS comes out. Why spam the boards with info we've already got?

Some of the other stuff you post can be interesting (the graphs/buying sentiment) but just repeating what is already out there? I just don't understand why you do it. Do you do it for all the shares you're interested in? or just INL? And why? Unless it's for post-count or something?

[master rsi] 18/8/2022 09:08

Only 1 trade of 60K no a volume weighted average .....

Inland Homes announces that on 17 August 2022 it purchased an aggregate of 60,000 ordinary shares at a volume weighted average price of 31.50 pence

17-Aug-22 14:33:19 31.50p 60,000