ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for discussion Register to chat with like-minded investors on our interactive forums.

LBB Litebulb Grp

1.125
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Litebulb Grp LBB London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 1.125 01:00:00
Open Price Low Price High Price Close Price Previous Close
1.125
more quote information »

Litebulb Grp LBB Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 02/3/2016 13:07 by clocktower
Good Luck!
Posted at 02/3/2016 07:54 by clocktower
What a give away - gross assets of £3.2m debts of £447k and you give it away to the senior managers for £1. I guess they might be the same senior managers that sold it to LBB in 2014. I bet that £1.7m loss in 2015 will turn around into a hansom profit by 2017 as I expect the management will be focused on the job in hand.

Looking back the company paid £500k in cash plus 182 million shares. That of course was before the consolidation took place but a hefty sum of money all the same.
Posted at 01/2/2016 07:47 by pugugly
CT:-
Statement now out

-

Reading between the line - Could well (imo) be the end of the road.
Posted at 08/7/2015 10:31 by clocktower
An extra day than expected to break the 20p how quickly will the 15p level be reached?

I think the problem is that the creative writing in the numbers has sunk in and investors can see the problem LBB have now that they are only going for organic growth. Let us hope they can raise the funds they must need to take the buisness forward but at what level of dilution would one expect? DYOR
Posted at 19/5/2015 09:40 by clocktower
That was my first reactions Pugugly but I think the results do not reflect the current change that has taken place since 31.12.14 as the acquisitions that took place in the year are not showing the full potential, and in the case of the last one in December 2014, there will be near on a fully year turnover and profits. In addition you now have critical mass as can be seen by the leap in turnover from £2m - £5m in the first few months - the swing in profitability is likely to be large.

While I accept there are many risks and the share price may slip, I am happy picking up stock here and there as the management clearly are focused and have a list of very high profile customers as can be seen from their website, which is very well designed and clean cut. It is well worth spending some time reading all the info on the site.

I am not down playing the risks but once consolidated the stock could move up very quickly imo. Any further additions the company may now make will come from a very strong base, and they will not be overpaying for these businesses, as I expect the terms will favour LBB and offer generous earn out bonuses that will only be paid if the company profits exceed expectations. So I expect a win win situation in the couse of the next 12/24 months.
Posted at 18/5/2015 13:01 by 113mike
Yep, finally sold all my holding in this...have gone into BOX, XTR and EDL.Think results were good but share price might drift down somewhat for a while.Will keep a watch on LBB and may still come in the near future GL to all staying in!
Posted at 18/5/2015 07:24 by johnyee 7
Results are out
Posted at 26/4/2015 19:33 by 113mike
Look up LBB ! No ramp intended, just saying. results due soon.
Posted at 28/1/2015 16:30 by rivaldo
Yump, my single post amply justified my opinion with no need for further explanation. Anyway....here goes again :o))

I said specifically that the valuation now is better and that IN THE PAST LBB's valuation looked expensive (particularly at a £30m m/cap or so, which assumed smooth, untroubled growth and which it now seems was over-optimistic).

I also made it clear that my reason for posting - my "m.o" - was to explain why the share price had fallen - the Finncap downgrade - and I also made it clear that I wasn't a holder.

I further made it clear that my reason for doubt here was that the company has now disappointed the City, and it may (or may not) take time for the markets to recover trust in LBB before attributing a proper rating to it.

What that rating should be is of course open to debate. If you believe LBB will achieve the new lower forecasts, then LBB seems cheap. If not, then it's expensive. The middle course is to wait and see if the company re-proves itself to the markets with decent numbers - which is exactly what I wrote the first time.

If LBB over time achieved a suitable track record, delivering on forecasts etc, then of course it would rate a higher prospective P/E. At present though, it's blotted its copybook.

Here's my prior post for reference:

"Per Finncap this morning, revenues for 2014 will now be £2.5m less than they'd forecast, due to lower than expected volumes and Agency division sales.

They've changed their forecast to a loss of £0.5m (from a £0.8m PBT). For 2015 they now go for £2.4m PBT, reduced from £3.2m, and 0.07p EPS.

I'm not a holder as I always thought LBB looked expensive. LBB will now have to recover the trust of the City, so although the valuation is looking better now - if only on a forward basis - it may drift further until the next set of figures to June'15 and we can assess whether those 2015 figures look reasonable."
Posted at 27/1/2015 13:16 by rivaldo
Per Finncap this morning, revenues for 2014 will now be £2.5m less than they'd forecast, due to lower than expected volumes and Agency division sales.

They've changed their forecast to a loss of £0.5m (from a £0.8m PBT). For 2015 they now go for £2.4m PBT, reduced from £3.2m, and 0.07p EPS.

I'm not a holder as I always thought LBB looked expensive. LBB will now have to recover the trust of the City, so although the valuation is looking better now - if only on a forward basis - it may drift further until the next set of figures to June'15 and we can assess whether those 2015 figures look reasonable.

Your Recent History

Delayed Upgrade Clock