Lavendon Share Discussion Threads

[gleach23] 19/8/2016 17:21

If they had 10.436m shares before the transaction then this week's volume would just about have cleared them out completely, although the RNS is as clear as mud to me as usual.

Says they have below 5% and number of shares after transaction is N/A - is that nil?

[che7win] 19/8/2016 16:12

Blackrock sold, who is the buyer?

[wipo1] 19/8/2016 15:32

I've sold on the bounce, a few hundred quid in the bank.

[che7win] 19/8/2016 13:47

Sold a few that I bought for trading, I expect 180p is a fair target for my core holding.

[gleach23] 19/8/2016 13:01

who knows che7win :)

It has felt like there's been an overhang for at least a year here going back to the 150-200 range, hence my comment of looking for north of 150

[che7win] 19/8/2016 12:54

Gleach, Thought you were going to say over the next week for a minute there.

[gleach23] 19/8/2016 12:48

If yesterday's volume did clear an overhang I'd be looking for well north of 150 over the next year

[sphere25] 19/8/2016 12:36

Someone has come in for another half a million shares today - bodes well for next week. Doubt anyone would be buying in this size (and over the quieter summer period) so close to results if there was a nasty in the results.

I'm a seller into spikes, but I'd expect this to settle back into the 130-150 range and then await further detail on construction data here as well as how oil moves for the likes of Saudi.

[qs99] 19/8/2016 11:32

can't see IMO how debt can be an issue at this stage unless you felt that EBITDA numbers were likely to be lowered but not seen anything IMO / DYOR to suggest that. IMO this has been a large overhang on shares as the updates all seem to be heading in the right direction IMO and the broker notes are consistent at a buy....let's hope the share price can hang on to these recent gains and push on following next update....

[rimmy2000] 19/8/2016 09:47

BPC10. The spread gets pulled about all the time

[che7win] 19/8/2016 09:32

Looking good here.

[bpc10] 19/8/2016 08:27

The price must have dropped for some reason - bad news on the way next week?

[pyemckay] 18/8/2016 17:54

lol, maybe I should open my mouth more often. been suffering from 140. heres to a better with this one.

[che7win] 18/8/2016 17:34

I also bought more this week at 112p, just dirt cheap and too good to miss.

[touche] 18/8/2016 17:33

Not often my timing is this good but all looks to be playing out as I hoped - simply too cheap at these levels. Strong and significant close above 120p bodes well for tomorrow.

[sphere25] 18/8/2016 15:50

Monster volume. Someone has come in and picked up a load of stock at 115, looks like it has cleared an overhang.

Chart turning up. Through 120 to add more with the stock headed back up to that 140 area.

Edit: Very significant close at 122. Above the stubborn resistance of 120, which held throughout most of July, and smashed through the 50 day moving average too. Strong demand for stock in the auction too folks - bodes well. I'll take a bid with the results ha

[heliweli] 18/8/2016 14:54

Double bottom forming.

[smokybenchod] 18/8/2016 13:34

Debt is 1.75 x EBITDA and likely to fall over the next year or two due to fleet upgrade now complete. Not sure this level of debt warrants the current PER of 6.

[pyemckay] 18/8/2016 13:15

share price isn't going to move up much unless debt is reduced imo

[spud] 18/8/2016 13:10

Yup. Institutional interest at long last.

spud

[gleach23] 18/8/2016 13:08

>9m shares traded - could that finally have been the long awaited volume to help clear an overhang?

[touche] 18/8/2016 11:21

I am happy to accumulate at these levels. Results will show margins returning to normal following recent purchases and market will re-rate accordingly.Too cheap

[meijiman] 18/8/2016 10:11

The management here seem clueless as to how to get the share price higher. Clearly the message is not getting across. I would start asking serious questions of the broker/PR company.

[che7win] 18/8/2016 10:01

Astonishingly good retail figs this morning, no UK spending, good for the economy.