Lavendon Share Discussion Threads

[frankwhite] 09/9/2016 17:11

Spud, growth shares such as Boo with no divi beats LVD any day, sorry to say.

[pj0077] 09/9/2016 15:46

With their recent results they revealed debtor days in Europe were 40-60 days, but were 240 days(!) in Saudi.

Safe to say that the likelihood of payment diminishes with time.

[spud] 09/9/2016 15:12

Can't argue with the Divi Fankie.

spud

[dangersimpson2] 09/9/2016 14:51

I don't think we have any idea.

From 2015 AR Saudi generated c.£29m revenue in 2014 & 2015. So that would be the hit if they had to write off up to 1 years' revenue. But I've no idea what proportion of that would be at risk. The company themselves clearly think that they will get paid or they would have provisioned so maybe worrying over nothing.

[frankwhite] 09/9/2016 14:40

Value shares such as LVD are not in vogue at the moment, the share price will stay at these levels. The more I look at the 10 year negative annual return for LVD the more I want to avoid this co.

[pj0077] 09/9/2016 13:12

Thanks ds2... so what is the amount owed?!

[pj0077] 09/9/2016 11:49

Anyone have an estimate of the size of the Accounts Receivable debit owed by the Saudi's? £25million? £50million?

Thanks

[touche] 08/9/2016 20:56

Nice rise today considering 2p ex div

[sell it high] 07/9/2016 13:35

Indeed they did - January 2011. LVD is a different proposition now - if at first you don't succeed!

[zho] 07/9/2016 10:19

I think AHT and a Belgian company made a joint bid for LVD 5 or 6 years ago.

[sell it high] 07/9/2016 10:02

Strong results from AHT today. You would be forgiven for thinking that LVD would be a good acquisition for them.

[spud] 06/9/2016 17:10

Indeed. BlackRock are quite adept at spotting value. spud

[qs99] 06/9/2016 16:21

interesting to see increase in stake by insti yesterday...DYOR

[melton john] 06/9/2016 16:06

It was until I bought another 1000, but still think it will carry on upwards.

[rivaldo] 06/9/2016 10:20

Nice - breaking upwards now?

[davr0s] 05/9/2016 19:17

Getting interesting now 1.40 breaking. Actually in profit on this one now

[jeffian] 05/9/2016 17:05

Shane Warne?

[deanowls] 05/9/2016 16:31

Got it,



Wizard of oz

[tini5] 05/9/2016 16:27

To quote a well known movie it means "buckle up Dorothy 'cos Kansas is going bye bye"

[che7win] 05/9/2016 16:26

Dahhad, Simply put, a breakout from the w formation will mean it's free to rise further.

[qs99] 05/9/2016 16:18

trying hard to break that £1.40!

[dahhad] 05/9/2016 15:19

che7win - I don't know much about charts but, given the W double bottom shape, purely as a matter of interest, what do you think the chart implies from here?

[che7win] 05/9/2016 15:15

Near text book double bottom formation to me....

[che7win] 05/9/2016 14:32

Saudi and Russia oil deal talk is helping.