Recommend you and anyone who sees the story and journey on inland to have a look at energiser(ENGI) on aim. Co founders of inl wicks and malde both part of bod there with huge skin in the game. Top quality bod with dominic white apponted as ceo last year. Clear to me whats going on and their plan foe the future after reading an article about wicks selling a millions quids worth here a uear back. Engi have 2m cash after today and looks like they may look to sell their other investment which was valued at 3M in 2008. 4-5M in 2017 market. Talking to 3 potential investments at the mo. I created a research note which ill post after.
Cheers Bazz - Wondered what the reason for the rise was yesterday!. Every little helps. Im expecting INLAND to be sold this year. Just a comfortable waiting game now as can only see this going upwards in the foreseeable future anyway. Still looking into ENGI as I can see WIcksy repeating INL success all be it on a quicker timeline. Lots of twitter positive talk about ENGI.
Topped up here today adding to the tranche I bought back in the 50's. This is good value at these levels IMO and barely above book value of c. 58p, let alone anywhere near the stated EPRA NAV of 86p. Given current market conditions, unless macro conditions change, I can't see us staying this low for long..
Looks like the M & A market is finally kickstarting again in the industry Redrow ,s acquistion of Gadsby,s E Midlands residential interests Why go and buy some land in the market place when its oven ready at Lidl.s prices sitting in a company You can guarantee if there is any action going Wicksey will be part of it Berkeley have cast their eye back in house for some value and buying in some shares Yep think all the fun is about to start Im in
Inland have already done the havy lifting on their sites and as O O Oyston says they have some plum Home Counties sites
I think they also finance developments chaps. I think that's where the real money might be made. In this market - development finance might give quicker returns (12 - 18mths) rather than 3 years? Just a thought. Ive not looked into energi too much just yet. But to my mind - it's no brainer for them to assess oppo's - they'll also probably take equity stakes in developments too (through the finance arm) if it looks like a proper deal
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