This is a property Development Co floated at 50p

- and now just 8.5p

Having bought several "brownfield" sites and Poole Investments [PIV] which had a lacklustre performance, having been previously a tile company - PIV finished at 5.8 pence (DYOR).

Didn't any of those Investors ( April 08 at 50p) think that "Housing" might be a tad over-supplied? . . . INL now 8.5 (loss is 83%- oops).

Still, there are some venues for mudlarking-about....for the next four years - does anyone know the Directors' Salaries and available cash?
Can they hold-back?
EDIT(19DEc08)- sp up 10% on zero-volume (MM's hoping the extended Credit will make punters pile-in!). Now 7p to buy...oh deary.

Trading Update

Highlights:

· 199 residential units under completion (2013: 47) - an increase of 323% year on year
· Planning consent (or resolution to grant planning consent) received on 568 residential plots in the current financial year
· Cash balances of £9.8m at 31 December 2014 (2013: £8.9m)

Half Yearly report

Group Highlights
· Outstanding progress, delivering a substantial increase in revenue and profitability

· Demand for the Group's homes and land remains strong; 199 units completed and sold in the period (2013: 47 units)

· Current land bank at an all-time high of 4,512 plots

· Maiden interim dividend of 0.3p per share (2013: Nil) declared

Outlook
· Group on target to achieve its objectives - business strategy focused on housebuilding, land sales and fee income, set to provide a reliable, balanced profit stream and cash flow going forward

· Forward sales position of £30m for Inland and Drayton Garden Village Limited (DGVL)

· Continued progress at Wilton Park, with the Development Brief to be adopted by the Local Authority on 31 March 2015; Abbeywood Park, West Plaza and Carter's Quay schemes expected to be major profit contributors this year

· Joint ventures with Europa Capital and Christian Candy's CPC Group Ltd (CPC) providing further project opportunities

· Board is confident of continued strong growth for the business

Stephen Wicks, Chief Executive of Inland, commented:
"I am very encouraged by the Group's robust first half performance, with the land bank at an all-time high and demand for homes and land continuing to be strong.

"The maiden interim dividend declared today is testament to the strength of Inland's growth strategy, solid financial position and future prospects. I am confident that the Group is well placed for continued progress in the current financial year and beyond."

Wilton Park Development Brief Adopted by South Bucks District Council



Inland Homes, the specialist housebuilder and brownfield land developer, announces that at a meeting of South Bucks District Council (SBDC) on 31 March 2015 the Cabinet adopted the Supplementary Planning Document (SPD) Development Brief for the Wilton Park site in Beaconsfield, which will deliver up to 350 new homes set within landscaped parkland of over 100 acres.

The adoption comes after two years of collaborative work involving the SBDC Planning Team, Bucks County Council and Inland Homes, and after a considerable level of public consultation and stakeholder engagement.

The Draft SPD establishes in more detail the principles that will guide the future redevelopment of Wilton Park. The aim is to ensure that the development is of exceptional quality and delivers benefits to the local community as a whole, including a new community building, sports pitches, a park and other open space, new and improved transport infrastructure and additional school places.

Members of the Cabinet commended the work that had been undertaken and the way in which the public had been engaged by Inland Homes and its officers.

Stephen Wicks, Chief Executive of Inland, commented:

"We are delighted that the adoption of the Wilton Park SPD has been approved.

"This paves the way for a planning application to be made in the near future which will add significant value for all stakeholders."

One of my rare posts. Usually say something after attending AGM. When shares were below 0.20p I said buy following meeting. Now over 0.80. Still not selling after meeting this week. Providing FT100 is over 6000 - Inland over £1 this time next year. Anyone AGREE?

Well done with these - I have a few from av@33p.

A FinnCap update may be due.

AGM Statement
RNS
RNS Number : 6282Q
Inland Homes PLC
01 December 2016
 
 
1 December 2016
Inland Homes PLC
 
('Inland Homes', 'Inland', the 'Company' or the 'Group')
 
AGM Statement
 
Inland Homes (AIM: INL), the specialist housebuilder and brownfield land developer, provides the following statement ahead of its Annual General Meeting to be held today, 1 December 2016 at 11.00am.
The Group's housebuilding programme is gaining significant momentum with a record 394 homes currently under construction across 12 sites. 54 Homes have been reserved since the start of the new financial year, which is an average of 2.5 units per week. Of particular note recently was the off-plan launch of 54 units at Meridian, Southampton where 12 units have been reserved in the first eight weeks. This scheme has consent for 351 homes to be constructed in four phases.
Adding to this, Inland Homes is pleased to announce today the receipt of planning consent for 239 units at our site, Lily's Walk in High Wycombe which is in our joint venture with CPC Group Limited.  Lily's Walk is a prime 3.5 acre site in the centre of High Wycombe, located directly opposite the Eden Shopping Centre.  
 
Since 1 July 2016, the Group has received planning consents or resolutions to grant planning consents on 373 plots and 19,000 square feet of commercial space.  We have planning applications awaiting determination for 1,746 residential units, with applications for, approximately, a further 470 residential units to be submitted very shortly.
The land bank currently stands at 7,220 plots, of which 1,415 have a planning consent or a resolution to grant planning consent. There are pre-application discussions regarding a further 1,802 plots ongoing.
As reported in the annual accounts for the year ended 30 June 2016, the timing of the construction of our sites, together with planned land sales is such that a major part of our profitability in the current financial year will be realised in the second half. The previously reported setback that was caused by the financial failure of a contractor, which resulted in the slight delay of 23 legal completions, is now virtually behind us and the momentum is gathering with a growing number of sites being constructed by our in-house build team. 
Stephen Wicks, Chief Executive at Inland Homes, commented:
"Following on from the robust set of results we announced in October, which reflected a year of significant operational and strategic progress, we are pleased to report that the momentum is continuing to escalate behind our building programme, with a record number of homes for the business under construction, underpinning the Company's growth strategy.
"The investment we have made in developing our in-house construction capability to self-deliver our homes is already producing tangible benefits and it's an area of the business that we are continuing to focus on to further increase levels of certainty on delivery, whilst reducing costs. Moreover, we are working on a number of initiatives through which we hope to be able to offer even lower cost housing in the South East, where price remains a barrier to many people owning their own home.    We look forward to providing some more detail on this is in the New Year."
               
ENDS

Inland gaining momentum
StockMarketWire.com
Inland Homes' housebuilding programme is gaining significant momentum, a statement issued ahead of today's annual general meeting says.

The specialist housebuilder and brownfield land developer says a record 394 homes are currently under construction across 12 sites.

It says 54 Homes have been reserved since the start of the new financial year, which is an average of 2.5 units per week. Of particular note recently was the off-plan launch of 54 units at Meridian, Southampton, where 12 units have been reserved in the first eight weeks. This scheme has consent for 351 homes to be constructed in four phases.

The statement continues: "Adding to this, Inland Homes is pleased to announce today the receipt of planning consent for 239 units at our site, Lily's Walk in High Wycombe which is in our joint venture with CPC Group Limited. Lily's Walk is a prime 3.5 acre site in the centre of High Wycombe, located directly opposite the Eden Shopping Centre."

Inland says that since 1 July, the Group has received planning consents or resolutions to grant planning consents on 373 plots and 19,000 square feet of commercial space.

It adds: "We have planning applications awaiting determination for 1,746 residential units, with applications for, approximately, a further 470 residential units to be submitted very shortly.

"The land bank currently stands at 7,220 plots, of which 1,415 have a planning consent or a resolution to grant planning consent. There are pre-application discussions regarding a further 1,802 plots ongoing.

"As reported in the annual accounts for the year ended 30 June 2016, the timing of the construction of our sites, together with planned land sales is such that a major part of our profitability in the current financial year will be realised in the second half.

"The previously reported setback that was caused by the financial failure of a contractor, which resulted in the slight delay of 23 legal completions, is now virtually behind us and the momentum is gathering with a growing number of sites being constructed by our in-house build team."

Chief executive Stephen Wicks said: "Following on from the robust set of results we announced in October, which reflected a year of significant operational and strategic progress, we are pleased to report that the momentum is continuing to escalate behind our building programme, with a record number of homes for the business under construction, underpinning the Company's growth strategy.

"The investment we have made in developing our in-house construction capability to self-deliver our homes is already producing tangible benefits and it's an area of the business that we are continuing to focus on to further increase levels of certainty on delivery, whilst reducing costs. Moreover, we are working on a number of initiatives through which we hope to be able to offer even lower cost housing in the South East, where price remains a barrier to many people owning their own home. We look forward to providing some more detail on this is in the new year."





Story provided by StockMarketWire.com

I am with you now Colin.

Good luck to both of us
colin

This looks good. :-)) I notice a lot of the buys including mine are red as if sells.

ST of IC today - The bottom line is that with newsflow positive, and the company lowly rated, I feel the 20 per cent share price derating from the last summer's highs is way overdone and continue to rate the shares a value buy as I feel that the extent of the housing market slowdown embedded in the current valuation is being massively overplayed. Buy.

Not convinced, since Co like this are selling to the medium-upper end of House-Prices. . . .If BREXIT creates fears ( fuelled by self-interested Remoaners), then house-prices will slide, as a few foreigners sell out, or just don't bother to buy (ie Wailt and See). . . . it requires very small change to do this, IMHO.
Add-in the Political desire to build more homes ( cheaply ) and this includes Factory-built homes, too. -and the top-end of the Market will be falling ( +They can afford to lose a little, anyway).
INL really is a play on Land-Prices, isn't it?

I have jumped out of Telford and from Inland homes, both with a divi and small profit.

Had a dabble here this morning.

Full results tomorrow. No serious interest in the shares. After results last year they managed to creep over 0.70. then back to low .60s Is this going to happen again?
I am beginning to question my judgement even though Simon of the IC makes them a good buy. Holding only for I Tax

Placing of 1,488,800 ZDP Shares

Looking very oversold.

Acquisition

Acquisition of East London residential development site with planning consent for 325 homes

Inland Homes plc (AIM: INL), a leading housebuilder, Partnership Housing developer and regeneration specialist, announces that it has exchanged contracts to acquire a major development site in Dagenham, East London, which has an anticipated gross development value of circa £95 million.

The four acre brownfield site, which was previously part of the former Ford manufacturing plant, lies within the London Riverside Opportunity Area, a 3,000 hectare major regeneration zone designated in the London Plan to deliver up to 26,500 homes and create 16,000 jobs across the boroughs of Barking and Dagenham.

The site has existing planning consent for 325 homes and 1,600 sqm of commercial space. Inland Homes is in negotiations to deliver the homes in a joint venture with a top five housing association, with 116 homes intended as affordable housing and the remaining 209 units sold on the open market.

Completion of the purchase of the site is expected in March 2019, with construction of the first units due to commence in the summer.

Stephen Wicks, CEO of Inland Homes, commented:

"This is a significant acquisition for Inland Homes of a prime development opportunity in East London. Dagenham has some of the most affordable house prices out of all the London boroughs and this site will increase the provision of good quality, competitively priced homes, in an area benefitting from fast connectivity into Central London.

"The opportunity fits in well with our strategy of providing lower cost homes in areas of high demand. At the same time the proposed joint venture with a major housing association will provide Inland Partnerships with a significant new build contract opportunity, adding to our existing forward order book of nearly £100 million."

A Christmas present to all. After the 2019 AGM next November they must be 70p or better