Inland Share Price (INL)

Dipped my toe in last week, timing hopefully is good for a steady rise from here with news like this

yeah very positive RNS, should sail past 60p soon. INL seriously undervalued before the downturn, let alone now. Looking forward to next 12 months here.

B3Living is Broxbourne Housing Association's new name. So alot of the money that Inland are contracted to receive is essentially government-backed money. And there's £23,250,000 in land sales plus they've locked £4.5mill in residential units sales too. The HA contractor-arm has also taken it's order book to over £100million now (and I assume that profit is simply a function of turnover on that side of things - perhaps 9 to 11% of the build cost).

The Staines deal looks a good one - £6.6mill plus a cut of the uplift in the anticipated profits post-planning (when both parties flip the site no doubt!).
And the sentence saying they are well on the way on other land deals too - looks like the land deals that were stalled pre-corona are back on track. Possibly with new parties (I don't know - just that the land market is rocking at the moment - alot of activity, alot of people running around trying to buy sites, alot of sites available (but not seeing land values fall at all if I'm honest). I remain a long term holder of these shares - and it would be nice to see the share price hit 60p+ and stay there.....!

....for those looking to buy and hold for next 9-12 months here. Made 40% last time round but missed the peak sadly.

Thanks for looking it up Demos - i've not had time to do the research into it (wife has a new job - me working at home and 3 nippers).....It makes sense - the fact that Bewley and INL have done it this way - effectively they've insisted on the deal completing (so the price is locked in, and they are able to tell the market that the income is registered) but on the flip side if gives Bewley the chance to get a spade in the ground and helps with their own internal ROCE (or ROACE) figures in that they aren't carrying the cost of the total amount they are paying, upfront. so total figure agreed is (for arguments sake) £25 mill. A nominal amount is paid on exchange, with completion a month thereafter (and perhaps £10% of the total paid at that point. then £13.5mill paid in September and perhaps the next £12mill or what have you paid a year later. (and more important for bewley they are a year closer to realising some cash in the form of completed house sales.) everyone's a winner.