IC TIP:
Buy
at
45.75p
A case in point is Aim-traded housebuilder and land developer Inland Homes (INL: 45.75p), a company I have favoured for the past 18 months, during which time the price has doubled. In fact, trading has been so strong that Inland profits will be ahead of upgraded market expectations for the fiscal year to end June 2014. Ahead of the forthcoming results, analyst Duncan Hall at broking house finnCap is forecasting a surge in revenues from £31.1m in fiscal 2013 to £44.3m for the 12 months to end June 2014. On this basis, expect a 60 per cent rise in both pre-tax profits and EPS to £8.1m and 3.2p, respectively.