Inland Homes Share Discussion Threads

[scburbs] 14/10/2022 09:03

No they do have a significant stake (but no capital invested) as the fees will relate to value added at the different stages. That is very positive news.

They are a great land/planning business which they have ruined by continually trying and failing very badly at housebuilding/partnership housing. Please never again let them mention the ever growing size of the partnership housing book as if it was ever positive news!

[skyracer] 14/10/2022 08:06

I thought, oh that sounds interesting, then I realised, no stake, they are bigging it up.

[cc2014] 30/9/2022 09:07

You have to laugh. Produce a nice RNS and bury the most important bad news at the end.

The large sale with all the profit isn't happening as they can make more by keeping it? Of course I read this as bad news but INL see it as good news.

We will find out in due course. Funny how they are happy to tell us how much profit is in something they haven't sold but don't tell us how much profit is in something they have sold, only the revenue.

[cielos] 22/9/2022 12:18

Finally moving forward, after yesterday's comments of Stamp duty on buying houses will be gone on tomorrow's update from the chancellor.
Yesterday the larger builders were rising

[peter27] 22/9/2022 11:50

Directors not allowed to trade if there is a sniff of M & A.

[geckotheglorious] 15/9/2022 09:27

Dave

No better time for a bid that's for sure..
But with a recession beckoning, who will be brave enough!

[davebowler] 15/9/2022 09:16

Master Investor -
After the announcement of the shock retirement of Stephen Wicks at the end of this month, the ghastly Trading Update and the news that the Inland Homes (LON:INL) ‘brownfields’ property group was calling in Lazards to do a ‘Strategic Review’ – the group’s shares collapsed to a low of 17.45p. Last Friday three of the group’s directors bought more shares. They closed last night at 23.25p – which has to be less than a third of their real value. Is a bid in the offing in due course?

[master rsi] 14/9/2022 11:33

More director buying, after last week 9th September, 3 of them buying large .....


Director / PCA Dealing

The Company was advised on 13 September 2022 that Brian Johnson (Non-Executive Director) purchased 41,668 Ordinary Shares @ 23.97 pence on 13 Sep 2022

[farnesbarnes] 13/9/2022 11:44

GeckotheGlorious9 Sep '22 - 15:15 - 5175 of 5178

re: missing the boat

Nah, it will be back at 18-19p soon enough. How INL have survived longer than Mid Group is beyond me.

[suetballs] 12/9/2022 09:04

This recent rise has surprised me.
Perhaps they are going to hoist the for sale flag.
I for one would be happy with that as they are in a total mess.
Suet

[geckotheglorious] 12/9/2022 08:40

Chunky director buys for sure.

[babbler] 12/9/2022 07:47

seems so. Directors buying.

[geckotheglorious] 09/9/2022 15:15

Chunky recovery today , up 15%, and well off earlier lows 18-19p.
Wondering if my hesitance has seen me miss the boat.

[cielos] 09/9/2022 12:45

Has been one of the best shares for the last couple days, another 2 pennies today
Keep going and at this rate, some will recoup their paying price

[markbarker] 08/9/2022 13:28

Nice 450 k delayed buy

[oi_oi_savaloy] 08/9/2022 13:14

Yep - I bought at the same time (at 34p), just as you were selling RSI. I thought that INL had weathered the storm you see - I trusted their previous RNS's (especially the one about the new accountant not finding anything material/of concern).

So I thought that the 28p or whatever it had dipped to, but then risen from, was the low-tide and I was worried I was going to miss out.

Live and learn eh? I should have listened to my head, that was saying 'they cannot not have been affected, like everyone else has been, by the material cost increases that have taken place and still happening - stay out of it Saveloy'. That's what my head was saying.....but I bought anyway.....

[master rsi] 08/9/2022 12:57

more ....
my last post was .... Master RSI 2 Sep '22 - 08:34 - 5110 of 5169 Edit
Another 75K out of circulation .....

Later, on the day, I did close my position @ 28p for a loss of 4p, still managed just to be on profit with my July purchase/sale of 5.30p (buy 30.90 and sale of 36.20p ).

[master rsi] 08/9/2022 12:50

re - spob 7 Sep '22 - 22:42 - 5168 of 5169
forgot

I was informed of this comment not long ago, so I will reply.
I did NOT forget,
It is a question of decency,

Surprise, surprise, may be for you and others, but it is my opinion, if I do not HOLD any longer, I do NOT post on the stock.

so Tut Tut to YOU

[oi_oi_savaloy] 08/9/2022 07:07

Silence is golden Spob, silence is golden......!

[spob] 07/9/2022 22:42

There was a share buyback notification on 6 Sept

For some reason Master RSI forgot to inform us

Tut Tut

[oi_oi_savaloy] 07/9/2022 18:37

Cerrito - what's frustrating is when you deliver a policy compliant scheme, with a design that is keeping with the area (and has been consulted on by both the planning officers and in various, sometimes anyway but usually at least one, public consultation) and the planning committee still turn it down..........

Have a look at Epsom and Ewell as a small case in point - the recent BBC report on a site owned by Woolbro (but now sold). Ben Woolman (and his brother) bought a site, spent absolute bucket-loads on it trying to get a consent......and failed. It's by a train station.....where the govt want to see high density schemes.....they tried a 7 storey building, knocked back....tried a 4 storey building....knocked back.....gave up and sold it I think for a massive loss (never mind the loss in planning costs).....I realise every case is different....but a site, in the middle of town, by a railway station....you'd think they'd be able to put more than a couple of bungalows on it.

[grahamg8] 07/9/2022 17:50

INLZ followed down today on heightened risk that the Zeros won't be repaid in 2024. Finding a CEO and doing the strategic review will take time. Tine which INL can't really afford, literally.

[cerrito] 07/9/2022 16:25

Interested to see that the BDEV CEo in his results statement today wasted no time in lambasting the planning system

[eezymunny] 07/9/2022 14:44

Indeed fegger. INL quote an "EPRA net tangible assets per ordinary share"

As of 31/3/2022

EPRA net tangible assets: £236.7m
EPRA net tangible assets per ordinary share: 103.60p

On same date

NTAV £174.5m
NTAV/share 76.4p

The difference being "The use of EPRA methodology reveals how much ‘hidden value’ is held within inventories". The big difference they describe as "Revaluation of projects" which presumably includes uplift on grant on planning etc...