Lavendon Share Discussion Threads

[gleach23] 05/9/2016 14:15

still good underlying demand going by online quotes - my rose tinted specs are calling for a pop through 140 to test our quintuple top at 150 :)

[dahhad] 02/9/2016 18:50

135 is very disappointing closing level IMO I think it's one for the bottom drawer to look at in 12 months time!

[gleach23] 02/9/2016 16:47

I wonder if Small Company Sharewatch will have had time to include a positive update on the August results in tomorrow's issue - would provide a timely boost in the bid to tackle 140...

[contrarian joe] 02/9/2016 16:35

Gleach,yes some resistance there,take a look at the 5yr chart in the header,the sloping downtrend from 2014,breaking that approx 160 164 might well be very positive,construction data above 50 will go a long way to helping,of course there are numerous other factors to look at.

[gleach23] 02/9/2016 15:58

thanks joe, sounds promising

what would be the t/a perspective on a potential quintuple top at 150?

[qs99] 02/9/2016 15:56

looks like it is trying to take on £1.40....c;mon....

[contrarian joe] 02/9/2016 15:52

From a t/a perspective 140/141 would break that downtrend of lower highs,something also to note 200ma has not long been breached (first time since may/june last year.

[gleach23] 02/9/2016 14:36

Looks to have had a positive impact already - hoovered up some recent PI selling perhaps?

[gleach23] 02/9/2016 14:12

Nice 80k trade just gone through to keep up the institutional interest :)

[contrarian joe] 02/9/2016 13:09

Construction data 8% better than expectations,still just below the magic 50.

[tini5] 01/9/2016 11:33

Canaccord Genuity has a price target of 165

hxxps://www.share.com/find-investments/advanced-finder/company-overview/lavendon/financials/brokers/1029/

[qs99] 01/9/2016 11:30

wish other instis would think the same way tho!

[tini5] 01/9/2016 11:24

Berenberg Indicates Potential 72.28% Increase In Shares Of Lavendon Group PLC

hxxp://www.fiscalstandard.com/2016/09/01/berenberg-indicates-potential-72-28-increase-in-shares-of-lavendon-group-plc/


That's a price target of 230.

No-brainer.

[spud] 01/9/2016 09:19

The Institutions are key here. Once we start to get interest from one, we will get interest from others and the price will reflect that. PI's, no matter how deep their pockets, will always have a very slight effect on the price, generally exaggerating the short term SETS swings.In the meantime just enjoy the generous divi %.spud

[dahhad] 01/9/2016 09:07

I don't think so BPC10 but then I don't really understand why the share price has fallen 30+% in the last 15 months!! To me it is a buying opportunity for a substantial gain in the next 12-24 months provided management continues to deliver on its forecasts.

[bpc10] 31/8/2016 18:33

Back to 110p by the looks of it

[melton john] 31/8/2016 14:21

I wonder what the IC writer calls a spade.
Has he not heard of cherry-picker "motorised mounts and platforms" Oo la di da

[che7win] 31/8/2016 09:00

It's ridiculous that SETS has this down at 131p this morning.

[rivaldo] 31/8/2016 08:46

Looks like LVD were tipped yesterday in the IC online - subscriber-only though:



"Lavendon climbs on strong rental demand and restructuring gains

Lavendon (LVD), which is in the business of leasing motorised mounts and platforms across Europe and the Middle East, registered double-digit growth in sales and underlying profit during the first half. Investors returned the favour, jacking up the equipment hire group's shares by almost 9 per cent on results day."

[smokybenchod] 30/8/2016 11:06

I think £1.50 will be the test - if it can break through, think it will go to £2.

[rivaldo] 30/8/2016 10:50

Up again this morning.

Cheers for that che7win - here's a direct link:

[che7win] 28/8/2016 21:25

The presentation q&a was interesting "we will meet our numbers".

[qs99] 27/8/2016 08:30

Personally it will be institutions that get this going so hoping the IR programme following results will see some renewed interest and share price movement ....would also be good to get guidance on reduction of Devt expectations in H2....

[gleach23] 26/8/2016 17:16

Great to see initial gains following a positive RNS followed through for the rest of the day for a change - ie not sold into after the first hour.

Decent volume including what look like institutional chunky buys too.

[rivaldo] 26/8/2016 13:52

"Power profits

Lavendon Group (LSE: LVD) shares have been in a bad patch, losing nearly half their value since March 2014. But they've been creeping back in anticipation of today's interims from the supplier of powered access equipment, and are up a very nice 8.5% to 136p on the day.

We saw double-digit rises in underlying figures across the board, with revenue up 13%, pre-tax profit up 10%, earnings per share up 12%, and the halfway dividend got an 18% boost. It was nice, for a change, to see a company report not warning about post-referendum uncertainty -- Lavendon does get some of its business from EU countries, but around half comes from the UK and it's big in Africa and the Middle East.

A rise in net debt to £149.7m (from £119.9m) does concern me, though the company says that reflects its investment programme over the half. Still, such a high level compared to annual revenue does take a bit of the shine off an otherwise very low forward P/E of 7.3 this year, rising a little to 7.5 for 2017.

But on the plus side, in addition to that lowly P/E, we're seeing 4.3% and 4.5% dividend yields forecast for this year and next, which would be more than three times covered by earnings. Lavendon is also a strongly cash-generative business, which is a good indicator that it should be able to handle its debt level. I'm inclined toward bullishness on Lavendon, and I can see the shares continuing their recovery over the next couple of years."