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LRM Lombard Risk

12.925
0.00 (0.00%)
23 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Lombard Risk LRM London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 12.925 01:00:00
Open Price Low Price High Price Close Price Previous Close
12.925 12.925
more quote information »

Lombard Risk Management LRM Dividends History

No dividends issued between 23 Apr 2014 and 23 Apr 2024

Top Dividend Posts

Top Posts
Posted at 11/1/2018 21:33 by techno20
Managed to catch up on reading, this looks like a done deal given agreed commitments, including JW, who I’m sure is delighted to have achieved a half decent exit. Congrats to him and the core team that drove the business for years. A big let off for Crawford, who, unless a few deals were signed fast, I suspect was facing into another failure. Also note Paul Scott was shorting LRM. Think Paul’s a decent chap, but hate the whole concept of shorting, so not sorry to see shorters get burnt! I’m out in the morning. Been a decade of involvement for me with LRM, so sad to see it lose independence, but I suspect it’ll do better as part of a larger entity. Not my most profitable investment, but it’s not been too bad either. A 90% return in the last few weeks has helped! GLA with whatever you move onto next. Techno
Posted at 12/12/2017 09:30 by tell it as it is
I received a call from a Trading salesman asking if I knew what a Santa rally was. At 6p bid Santa seems to have forgotten LRM this year. Or perhaps the reindeer will still make it to them if they can announce a big deal soon ?
Posted at 28/10/2017 09:04 by middlesboroughfc
LRM is givin it to shareholders right up the arris

3p on the way i reckon
Posted at 25/10/2017 08:54 by tsmith2
Crawford still at LRM?
Posted at 25/10/2017 07:52 by chimers
mrnumpty13 Sep '17
- 17:44 - 983 of 1024

With regards to " chimers " and his/her repeated negative comments about Lombard Risk Management , readers might be interested to learn that he/she has also been making very negative comments about Kromek Group . Both of these companies are tipped as a " buy " by Simon Thompson of the Investors' Chronicle . I hold shares in both companies .


Chimers18 Sep '17
- 08:16 - 985 of 1024

Yeah that Chimers bloke is one to watch!!

Called KMK 100% bang on the nail as a sell @33p

Called LRM 100% bang on the nail as a sell @14.25p

Its as if he knows what hes talking about .........innit!!
Posted at 18/9/2017 08:16 by chimers
Yeah that Chimers bloke is one to watch!!

Called KMK 100% bang on the nail as a sell @33p

Called LRM 100% bang on the nail as a sell @14.25p

Its as if he knows what hes talking about .........innit!!
Posted at 18/9/2017 08:10 by p1nkfish
A useful alliance. hxxp://www.globalcollateral.net/
Luckily picked up some LRM over summer as it has drifted down.
Posted at 27/7/2017 07:10 by chimers
Kerrrrrrrrrchingggggggggggg!!!!!!!!


Lombard Risk Management plc

("Lombard Risk" or the "Company")



Lombard Risk Partners with Smart Communications

Lombard Risk Management plc (AIM: LRM), the leading dedicated global provider of collateral management and regulatory reporting solutions , announces it has partnered with SmartDX™ from Smart Communications to deliver end-to-end automated legal negotiation and margin call management. SmartDX™ is the industry standard for automating trade and relationship document generation, collaboration and processing in the capital markets.

The joint offering between Lombard Risk and SmartDX™ enables data to be seamlessly extracted from agreements negotiated in the SmartDX™ documentation solution and passed through to Lombard Risk's COLLINE® automated cross-asset collateral management platform.

By integrating Lombard Risk's COLLINE® with SmartDX™, the combined offering provides both buy and sell-side firms with a strategic, cloud-based digital contract negotiation platform that automates margin call management. Through this integration, firms eliminate manual inefficiencies, increase accuracy and automation, reduce compliance risks, and minimise operational costs.

Helen Nicol, Global Product Director of Collateral Solutions for Lombard Risk, said: "The integration of these two market leading solutions provides clients with a trusted, proven platform to solve the need for reconciliation across disparate solutions. This partnership fills a huge gap in the market by enabling true end-to-end collateralisation. The offering helps firms advance their operating models and make operations more intelligent - capturing data, executing transactions and providing visibility faster and more time effectively - thereby enabling firms to gain maximum efficiency and competitive advantage through system automation."

Robin Moody, Global Head of SmartDX for Smart Communications, said: "While the industry has invested heavily in manual processing of derivatives documentation, these investments only help to reduce compliance risk. With the announcement of today's solution, Smart Communications and Lombard Risk have built a unified approach to better scale processes, documents and the relevant data within them to deliver true operational efficiency."
Posted at 26/7/2017 11:17 by chimers
Investors Chron

"Lombard buying opportunity.

Investors have reacted negatively to the latest trading update from Lombard Risk Management (LRM:10.5p), a provider of collateral management and regulatory reporting software products to clients including 30 of the top 50 global banks, hedge funds and asset managers. The shares were marked down 16 per cent to 11p, so retracing more than half the gains made after I advised buying at 9p ('Banking on regulation', 13 Mar 2017) and have dropped well below the 13.75p level at which I maintained a positive stance at the full-year results ('Five growth opportunities', 30 May 2017).
I think this is a massive overreaction and one that was partly driven by news that “revenues will be weighted to the second half of this year”. However, this has always been the case:

In the past three financial years, the revenue split has been 45:55 between the first and second half. More important is confirmation that the landscape for the company’s products remains “positive and largely unchanged since the full-year results in May”. Although not mentioned in the update, I can confirm that the directors are optimistic of hitting the unchanged forecasts of analysts Paul Hill and Hannah Crowe at Equity Development. These suggest the company will grow revenue from £34.3m to £40m in the 12 months to the end of March 2018, hitting cash profit break-even after research and development costs, and achieving cash-flow break-even to maintain net funds at £6.8m.

I also feel that investors are losing sight of the fact that “the board is encouraged by the pipeline of new business being pursued by the company through its direct sales force and channel partners”, and the backdrop remains favourable given the need for financial services clients to make cost savings while fully complying with existing and a raft of new legislation. Lombard is hardly being overvalued, either, as its current enterprise value of £35.2m equates to just 0.9 times forecast annual sales, a 75 per cent discount to the sector average.

Admittedly, Equity Development has “prudentlyR21; reined back its target price to 20p, bringing it back in line with mine. However, this is still almost double the current share price and I would certainly use the current weakness as a buying opportunity."
Posted at 19/4/2017 10:45 by nurdin
ED write up:

Founded in 1989, Lombard Risk Management (LRM) is a leading provider of specialist regulatory reporting (47% H1’17 revenues) and collateral management solutions (53%) employing around 280 staff. These niche solutions are used by >340 institutions, including 30 of the top 50 global banks. 40% of revenues are recurring, coming from annual maintenance and support agreements, while 58% is denominated in non-sterling currencies.

Many bank executives often complain about the reams of financial red-tape, but not so Lombard Risk. This morning LRM delivered an update on what can only be described as a ‘phenomenal217; set of results – reporting that FY17 turnover, EBITDA and net cash will all be substantially above our estimates at £34.0m-£34.4m (vs ED at £31.8m), £2.4m-£2.8m (-£0.4m) and £7.0m (£1.4m) respectively.

Not only did H2 revenue climb 45% to circa £19.0m, surpassing the 43% achieved in H1 (£15.2m), but also, thanks to tight working capital and strong license sales (~£7m H2 vs £4.4m H1), H2 cashflow was positive at +£0.1m (vs ED -£4.5m), split -£1.6m Q3 vs +£1.7m Q4.

Once again the top line enjoyed buoyant demand for COLLINE (ED est 65% YoY), its best-of-breed Collateral Management software, especially ahead of the introduction of new Dodd Frank and EMIR (IOSCO) regulations on both sides of the Atlantic. This was ably supported by double digit expansion (ED est 25%) in Regulatory Reporting, forex tailwinds (£ weakness), and two major product launches (re AgileREPORTER and AgileCOLLATERAL).

These numbers show that H1’s numbers were not a flash in the pan - backed up by an even more impressive H2, with strong demand for LRM’s applications expected to continue for the foreseeable future. They also remove any lingering investor concerns that the business might need to raise fresh capital to fund its future growth plans. In our view, there are ample liquid resources to navigate through the severest of conceivable storms.

Progress is a stark reminder how materially undervalued the stock appears. Both on an absolute basis vs our new 26p/share valuation (20p before) - and relative to software peers, trading on a forward EV/sales multiple of 0.9x. That is despite being EBITDA and cashflow positive, along with generating organic growth significantly higher than the sector average.

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