Member Info for Oi_Oi_Savaloy

Gas prices/china/russian energy manipulation/biden appearing to be senile/incapable/inflation/germany going left/france being sidelined/the slowdown in ecb bond buying. All this has led to volatility......and volatility is good for Plus500......right?

Interesting to see Kape Technologies buying ExpressVPN. In Kape's words 'Kape chief executive Ido Erlichman said it will complement the company’s cybersecurity tools to help users “protect their data and rights". Surely that's good news for Acuity in as much as it shows there's demand out there for quality cybersecurity businesses. Well, I hope so anyway!

Yep - totally agree with your sentiments strictly bricks. I'm heavily in RDW too (the only other housebuilder I'm in). I'm beginning to think........what's the point of INL? all the angles I thought they'd leverage.....seem to have fallen well short. I'm been for a significant period of time but.....it's just not happening, right now. It would be good to get an update from them.

Really beginning to think I've backed the wrong horse; I'm not one for religion but I'm praying there's good news (or at least positive momentum showing they're going in the right direction) to give me confidence to continue to hold, whatever the metrics say.

Perhaps a combination of poor purchases (or rather, good properties bought at the wrong price perhaps?) and overheads (refurbing existing portfolio/staff overheads) too great? They've got an angle (the REIT element) that should see them prosper, if buying the right kit from the right vendors (ie the vendor's situation). I thought it was a no brainer. I think they are sweating the assets however (looking at the air-rights potential of some of their freeholds to perhaps build more units etc etc). I'm sure they'll come good eventually.

That would make a great deal of sense - there's bucket-loads of money looking for innovative (but proven) companies to invest in at the moment and it would also dislocate Acuity from the KCR investment. KCR might come good in a couple of years of course (it's going in the right direction).

Interesting comment - there's alot of money out there right now looking for interesting/future growth/speculative (but in space that is established) - you could be right. It would also dislocate Acuity from the KCR mess (which might come good, but will take at least 2 or 3 more years to really come good). Hopefully we'll here about further acquisitions too.

I doubt they've hedged material prices to any great degree (they might benefit from 180 day payments but there's no way they wouldn't have suffered to some degree. They might have fixed price contracts with sub-contractors but INL themselves might be on a fixed price contract with the end buyer so I don't doubt there will have been some profit erosion (and if there hasn't been - wow - seriously - that will be a major feather in their caps in my view). On the flip side - land is in massive demand at the moment so hopefully they will have captured some consents and sold some sites or sold the houses they are building on. I also think their Hubb homes has legs (as a separate company too actually). I'll be interested to hear how that side of things has been going too.

Anyone got any thoughts as to where the share price might end up? 3 or 4p? More? less? By the end of the year or end of next year?

I'd be very surprised to see Redrow taken out - myriad reasons but not least because it's a massively expensive way of buying land.

There are far more people on here with more knowledge of world events but I get the feeling that we're in for some turbulent times over the next 6 months. That shambles of an afghan withdrawal (reminds me of the 1842 British withdrawal - and subsequent massacre - from Kabul - look it up if you're interested. Alot of present day issues that did it for America, had already played out for us (British) in the 1800's and then Russia (1970's). You can't conquer Afghan - it's too big a country with too little to justify doing so - particularly when you compare the amount of money spent to stop such an ephemeral and unquantifiable thing as 'stopping attacks from the west'. The camps, the men, the arsenals, the knowledge....they just move elsewhere. But anyway - the fallout from that shambles (US foreign policy in tatters, their reputation soiled) hasn't played out yet.....but it's going to and in my opinion.....it aint going to be pretty for any of us. Which, is good news for Plus I guess. Thoughts?

Have I read that right? The interim dividend amounts to $60mill in total. Buy-backs are another $54mill. So there's either going to be another $100mill in dividends coming in later in the financial year or that cash pile is going to be a step closer to a billion dollars in cash. I'd be interested to hear your collective thoughts as to what they will do with that money - if you leveraged it with some bank finance that's some serious buying power right there. But whom would they target? Interested to hear whom you guys would target or do with the money.

Strictly - I'm sorry - I've not been on the blog for a while even though I've been meaning to. Sorry. It's why I've not registered with a character etc - I can't commit to being a regular contributor on there. INL are really going to have to pull a rabbit out of the hat in my opinion to get the share price shifting. The stamp duty holiday was unbelievably busy for alot of solicitors/sales etc etc but then July and August have hit and it's like the entire UK have gone on holiday (and switched their phones off). I'm expecting a v v busy run in to xmas, when September kicks in. INL need to make material hay out of that 3 month run in. I'm in Redrow too (but I've no issues with them - they've plenty of sites). Materials and labour costs have gone through the roof however - be interesting to see how they hedge that (both companies I mean). Sell some sites would be my answer (demand is massive at the moment, for sites, in my experience presently.) And I expect Sept is going to be mentally busy on that front too.

It's been very quiet in here (on here?) recently; is that because everyone is making a mint elsewhere, or perhaps because there's literally nothing to say about INL? :) I've been flat out at work (and summer holidays when the kids are at home - when working at home - is not easy. No time for anything else really. Hope everyone is ok.

Hopefully we'll be hearing from Drumz soon on progress - I'm under water at the moment with my investment in this company but I'm hopeful it's going to go in the right direction.....eventually!

It's all to do with visibility NLondon. CMC/IG are tremendously visible.........Plus500 isn't -and the directors of Plus, in the past, have not exactly done the right thing (as far as the markets are concerned). They are deliberately unnecessarily obtuse, as far as the market is concerned.......and therefore they will always be a lag, however gangbusters the performance is, to their peers. Unless they change of course (domicile in London would be a good start, rather than Israel). Just my two-penneth - others can chip in with their thoughts too of course.

I think they'll acquire more US businesses to grab some momentum there instead of the buybacks. I am not even going to try and explain the share price fall recently......but Plus500 is not seen favourably by the market, for a lot of reasons (that have been repeated on this board in the past so not going to go over the same ground). What I will say is this; nothing on those fronts has changed....and therefore, the people that can make the share price move has not changed either.

Hopefully the recent spate of cyber attacks on businesses across the globe (but alot in the US of course) has seen a variety of businesses look for cyber security solutions - and hopefully Acuity has benefited. Because if they haven't....god help this share and this company!

Possibly UKInvestor but as I say - it's a massively expensive way of buying land. Planning is everything. Absolutely everything. I am seeing huge delays in planning at the moment (just had to wait 20 weeks for the formal written response to a pre-application meeting for example). Planning creates and crystalizes the value of a given piece of land (plus, you can always refine and refine and refine a planning a planning permission - as the big nationals often do as they work through the phases of a big site - using sales feedback to enhance the next phase for example). Inland isn't a straight development company either - lots of moving parts. I am convinced that Wick's is brewing something - there are so many participants actively buying again (after a lull) that I fully expect to hear of deals being done in the latter half of this year. I know that the company I work for is doing the same (even though we build too - if you can sell a site on, and grab a quick and fruitful profit and it works for everyone - then we do it. Putting the spade in the ground on a site has massive risk (because no site is perfect) and there are massive costs prior to doing so.

Land values are rising in my opinion (bearing in mind I buy land for a living). Every housebuilder has contract issues, unexpected or otherwise - it's just that with some of the nationals, they're able to smooth out these unexpected costs over a much larger amount of sites. Buying development companies for their land bank is an extremely expensive way of buying land imo. I think the picture will be alot more positive in a year's time. I'm staying in.