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Lavendon Share Discussion Threads
Showing 2801 to 2825 of 2825 messages
|Stand by to be surprised Spud!|
|Definitely looking more loved. I'd be surprised if we don't get over 140p next week. spud|
|Softly, softly, catchee monkey.
Feels like it's been quite resilient in a tricky overall market. Maybe next week if the market doesn't meltdown.|
sell it high
|will this ever get above £1.40....?! frustrating!|
I'd already seen that, what I was referring to is exposure to this kind of situation;
100 days then paid is tolerable but a large unprovided for bad debt is not|
|"The Group's absorption of working capital in the first half of circa £5 million was consistent with recent years, despite the strong revenue growth of 13% reported in the period and the well-publicised liquidity issues within the Middle East. The working capital pressure within the Middle East region remains primarily within our Saudi Arabian business, however its impact continues to be mitigated by the better working capital metrics seen in our other markets in the region that are driving our current revenue growth. As previously reported, our investment in the Middle East region for 2016 has been moderated compared to previous years and, as a consequence, we expect to increase the level of free cash flow generated by the region this year. We will continue to control the level of capital allocated to the Middle East region until the liquidity pressures show signs of easing".
Half Year Results 2016
RNS Number : 1901I
Lavendon Group PLC
26 August 2016|
|Has anyone got any further on clarification of the Saudi debtor issue?
|Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of "Buy" and a consensus target price of GBX 226.50 ($2.96).spud|
|Peel Hunt reiterate their Buy and 275p target:
"Middle East benefits from Rapid app
10 Oct 2016
Rapid Access has launched the first mobile app for aerial work platforms in the Middle East region.
Rapid Access, part of the UK-based Lavendon Group, operates a fleet of 4000 machines from nine depots in all six GCC countries.
Designed with the sleek and unique features of the website launched last year, says the company, the app is being launched in six versions, one for each country.
Alexis Potter, sales and marketing director of Rapid Access, said the app supports the region’s developing health and safety culture and the subsequent growing demand for aerial work platforms.
“Our app features a unique platform selector which in four easy steps helps users to select the right aerial work platform for their application. It also provides a range of information on our bespoke health and safety innovations, training courses, and our depots across the region.”
Mr Potter added, “Our customers require on demand access to our services and often have to work on the move and within challenging deadlines. We believe this app will improve connectivity between Rapid and our customer base and in doing so improve their ability to deliver safe working at height solutions”."|
|Comment from Paul Scott about 11.5 minutes in at https://www.youtube.com/watch?v=AOg8Dx4nubw|
|and if May is with Hammond as papers suggest, talking more about UK infrastructure spending and house building etc, then IMO this should benefit SDY and LVD DYOR|
|Yup happy to have a few quid in this, taking circa 4% pa.
|that's ok - I hadn't spotted it before but just read it so thanks for highlighting :)|
|ah ok, thanks,|
|15th November QS99|
|14th November is the next trading update, says in its last RNS, DYOR etc...so a month or so, will be intriguing to see how the shares track early November onwards, in the meantime divi should be in the bank tomorrow from interims me thinks.....am happy to hold as IMO the last RNS was reasonably good.....|
|Think they can be had cheaper, looking for 125-128 to get back in.|
I asked by email and didn't even get an acknowledgement, either their IR is abysmal or they didn't like my question.
I sold my shares as a result|
|Hopefully we will get more info in the next set of figures although good figures in this company doesn;t lead to a higher sp!! Hopefully an anomoly that will correct itself!|
|Did anyone ever get an answer from the company on the nature of the aged receivables in Saudi Arabia?
Given the challenges with the non-payment of government construction suppliers in my mind there is a big difference between getting a continuous stream of small invoices paid late from all customers and having a number of larger customers not paying at all. The former would just seem to be normal business in Saudi and a good chance of all invoices being paid eventually, the latter a unique challenge of the current times with little chance of payment in any realistic commercial timeframe.
In reality it may be a mix of the two, in which case the company providing a split between them would seem to be a key part of analysing the company as an investment.|
|Taken some more.
|Yup, nice 300k buy.spud|
|Sorry, you're right. I don't understand the anomaly though. November seems to be a 4 month gap from the July updates in the last two years. Go figure.|
sell it high
|nice bit of volume there - 300k @ 131p - it's what we need here|