The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Paying higher price yesterday 39.30p for another 25K..
Inland Homes announces that on 27 June 2022 it purchased 25,000 ordinary shares at 39.30 pence
Managing another 35K.....
Inland Homes announces that on 24 June 2022 it purchased 35,000 ordinary shares at 38.88 pence
Not many 12K but that is what happens when there are not many trades or sellers
Inland Homes announces that on 23 June 2022 it purchased 12,000 ordinary shares at 38.90 pence
Buying a good size 50K but overpaying 39.20p .....
Inland Homes announces that on 22 June 2022 it purchased 50,000 ordinary shares at 39.20 pence
Finally, yesterday managing to buy 44K and at a good price 38.79......
Inland Homes announces that on 21 June 2022 it purchased an aggregate of 44,000 ordinary shares at a volume weighted average price of 38.79 pence
No share buying from the company for the last couple days, certainly not much volume but should have been able to buy a few.
NOTE: the number bought so far 1,236K is almost the same as the Employee Benefit Trust holds 1,627K on the last count......
There are 230,101,045 ordinary shares in issue, of which 1,626,178 are held in treasury and do not carry voting rights.
The Company's Employee Benefit Trust currently holds 1,627,500 ordinary shares
Fair enough RSI - as I say I'm not in the market or a financial guru - just a fella that's being following INL (and heavily invested, up until two weeks ago). I might have got it massively wrong and should not have sold. It'll be interesting to see which way this goes today and into next week.
OI
You may have gotten it wrong, the price is rising this morning.
The large trade 197K @38p was place on the market earlier, and being so large the MMs made sure to lower the SP time and time again.
They only gave the lowest price ( being oversize ) once executed and then reported.
2 buys, early paying too much and late best deal toal 35K
Inland Homes announces that on 16 June 2022 it purchased an aggregate of 35,000 ordinary shares at a volume weighted average price of 40.71 pence
25,000 41.30p 08:22:19
10,000 39.25p 16:10:54
Someone put in a massive 197,000 sale yesterday, close to the bell, selling into those chunky sales that came in right at the death. That was at 38p......and I can see it going lower again today. I'm waiting to get a feel for where the floor is before reinvesting. I've been in and out of INL for 10 years. I originally bought at 23p way back when.....and it doesn't feel out of the realms of possibility that it'll get down to that level and I'll end up buying it all over again at the same price. Oh, the irony! It just feels like someone is going to come in and offer on the company for a total of 50p....and I'd rather not miss out on that slight uplift in value (from 38p say). I'm not in the financial markets, have no idea....just expanding on my thoughts.
After the last sale of 50K, it seems one is able to buy below the 39.50 offer.but still lower now to 39p
but who wants to buy with this market and someone unloading and share price at a new low.
The high borrowing and today's 0.25 higher interest rates to 1.25% do NOT help.
The company should be able to buy a few at this lower price. We should see it tomorrow.
15:21:58 39.00 50,000 19.50k
25k bought yesterday, paying higher for buying early morning, was 40.50 offer at one time.
Inland Homes announces that on 15 June 2022 it purchased an aggregate of 25,000 ordinary shares at a volume weighted average price of 41.22 pence
10,000 41.24 08:51:05
15,000 41.20 09:57:46
another 20K on the kitty and everytime paying lower prices..
Inland Homes announces that on 14 June 2022 it purchased 20,000 ordinary shares at 42.10 pence
There seems to be much downward pressure at the moment on INL's share price, despite the buy-back programme. Just my take on things - will we see 39p? And if we do - does it make INL attractive-enough to consider going back in.....or is there further to fall? I've 33p as a figure.......but I don't have any robust research that merits that - just a gut feel as to where things might end up.
It seems it is harder to buy cheap shares this days only 17K
Inland Homes announces that on 13 June 2022 it purchased 17,000 ordinary shares at 42.70 pence
Another 36K in the total and every time is cheaper to add...
Inland Homes announces that on 10 June 2022 it purchased 36,000 ordinary shares at 42.96 pence
Yesterday, the sales dry up, so unable to buy large, 19K but at a very good price 43.25p.....
Inland Homes announces that on 8 June 2022 it purchased 19,000 ordinary shares at 43.25 pence
They bought it first thing in the morning and paid top price 44.135p
Today will be cheaper ........
Inland Homes announces that on 7 June 2022 it purchased 45,000 ordinary shares at 44.14 pence
07-Jun-22 08:01:45 44.135p 45,000
It pains me to say it but I sold out of INL yesterday. I think there's someone consistently selling (and INL are soaking those shares up for the most part).....if the buy back ceases.....the share price drops. I can see INL going under the 40p level....I'll buy back in at that level. I know it's a risk being out of the share whilst there's so much M&A going on .....but I think the debt that INL have is holding interest back. I might be (massively!) wrong however. It'll be interesting to see what the market update brings. IMO it'll be same old, same old (concentrating on the debt, working the planning, trying to manage the build contracts they have).
So many sales than the last 5,000 sale broke the Camel's back and down to 42 v 44p
-----------------
I suspect the buyback today is ... 11:52:24 43.75p 60,000
So much selling going on yesterday that able to buy large 100K ...
Inland Homes announces that on 6 June 2022 it purchased an aggregate of 100,000 ordinary shares at a volume weighted average price of 44.57 pence
80,000 44.59p 10:28:07
20,000 44.50p 13:17:41
Second offer for Countryside properties demonstrates increased appetite for taking over underperforming housebuilders. Inland has performed poorly, though is now improving on an operational basis. However, the share price is so low compared to net assets, and I am surprised, apart from a comment from the Investors Chronicle, that there is not more speculation. I think it would fit in very nicely with Legal and Generals housebuilding business for example. Lets see if there is speculation after the results later this month.
Only 20K last Friday ..
Inland Homes announces that on 1 June 2022 it purchased an aggregate of 20,000 ordinary shares at a volume weighted average price of 44.65 pence
more in the bag 55K as some will say cheap as chips...
Inland Homes announces that on 31 May 2022 it purchased an aggregate of 55,000 ordinary shares at a volume weighted average price of 44.38 pence
25,000 44.50 11:32:59
30,000 44.29 12:31:12
Another good size buy 70K on weakness on the share price..
Inland Homes announces that on 30 May 2022 it purchased 70,000 ordinary shares at 44.38 pence