We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register to chat with like-minded investors on our interactive forums.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| London Cap | LCG | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 0.80 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.80 |
| Top Posts |
|---|
Posted at 13/10/2021 07:34 by robfitz Does anyone use LCG and can you log on today? |
Posted at 28/9/2018 12:22 by dusseldorf They didn't even bother to change this bit:London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a financial services company offering online trading services. London Capital Group Limited ("LCG Ltd"), a wholly-owned trading subsidiary of LCGH plc, is authorised and regulated by the Financial Conduct Authority. Its core activity is the provision of spread betting and CFD products on the financial markets to retail and professional clients. LCG Ltd has a European passport. LCGH plc is a member of the NEX Exchange Growth Market. LCG Ltd also has access to international markets through its global clearing relationships. LCGH plc is quoted on the NEX Exchange. LCG is included in the General Financial sector (8770) and Speciality Finance sub sector (8775) and has a RIC code of LCG.L. You read that RNS without any context of previous ones, and you would assume the NEX listed entity still owns the rights to the company and thus it's trading result - amateur hour(!) |
Posted at 28/9/2018 07:50 by aleman LCG just announced EBITDA of £1.5m from -£900k last time. |
Posted at 24/7/2018 16:48 by dusseldorf From 21st March announcement: "The Disposal is conditional on Financial Conduct Authority approval of the change of control of LCGL (as required by section 178 of FSMA). It is anticipated that FCA approval will be granted by 31 July 2018. A further announcement will be made in due course. "Yet to see if this has been approved - I'm assuming it's a rubber stamp and then LCG as a cash shell is official, then 6 months to find something or it will delist from NEX too. |
Posted at 21/3/2018 20:25 by dusseldorf RJ Allen - There is a ticker LCG.GB on monitor but it's broken. LCG wont move until business ideas in micro payments are forthcoming. |
Posted at 09/3/2018 20:49 by jamesjjj From what i understand the company is being made private and 100% of LCG share capital is being sold to SLCG (also owned by Sabet!). The total consideration mentioned is GBP5,066,883 which equates to 1.33p per share. However what isnt clear is whether as a shareholder you receive 1.33p per share as the consideration is through the issue of loan notes which makes things more complicated. I have tried to get information regarding this but no luck so far. Wondering if anyone understands the rns anymore??? |
Posted at 09/3/2018 10:42 by dusseldorf mitsubishi - From words from the company (Jasper) a while back there were plans to venture into the crypto space - nothing to date has materialised. By hiving off the traditional brokerage /FX business for a fixed annual fee - provided that a reverse opportunity is found - this leaves the 'shell' left to experiment and maintains sufficient capital to fund its NEX listing / basic administration on an annual basis. Remember that Sabet also converted £18m debt into LCG shares - now either he has written this off completely, or he has other intentions.Yes, you could sell for 0.5p/share and call it a day or you can take the risk (a large one admittedly) that this process is part of a wider move to expand Sabets portfolio by venturing into Crypto. From the News release: The Company will continue to seek investment opportunities and acquisitions in innovative financial technology companies with potential disruptive technologies that could lead to changes in the way funds are transferred, as an example, this could include nano-payments and micro-payment technologies, as well as financial services companies. The Company may seek financial services companies that are FCA authorised to carry out regulated business, such as dealing with investments, asset administration and arranging investment deals. Such a deal may require approval from the FCA for a change of control approval. It's clear that Jasper at LCG stated the company was actively looking into Crypto tech, but perhaps mixing the two greys the borders too much. Crypto is still viewed with alot of skepticism and has different and new regulation that must be adhered to. Personally, I'm all about Crypto these days and my hope was that LCG would do both in the same business entity. This no longer appears to be the case, but remember GLIO owns 78% of what's left and it cost £18m. Either it's being written off - or something will materialise from the ashes, and it could well be linked to Crypto/nano ledger payments. That's enough to keep me holding and news dependent, may be enough for me to buy more. |
Posted at 23/1/2018 14:28 by dusseldorf hello - I'm back after a fortuitously timed venture into crypto trading to take advantage of opportunities in crypto, I traded out of my LCG position in late october/november on a short-term basis and wow, what a drop. I've managed to buy back over past few days at average 65% discount to when I sold.For me, not being listed on AIM but still maintaining a listing on NEX is not a problem - AIM provide loopholes for directors to rob people blind and yet tie the hands of those wanting to improve value. All the reasons for wanting to hold LCG still remain (a hedge against Wallstreet/FTSE collapse, growing user base, reducing costs), and I can't see LCG withdrawing from a London based exchange (i.e. going private), indeed they've already changed the wording on the website from 'London Stock Exchange' > 'publicly listed in London'. Questions for me remain 1. jasper lawler tweeted that LCG was working on crypto in 'coming months' about 4 months ago, when do they release, if at all? 2. how about a trading update? As for Mr Sabet, his last funding was at 4.5p effective, and as yet, he's not diluted holders at silly levels so I'm giving him the benefit of the doubt. |
Posted at 24/8/2017 13:29 by dusseldorf I read that report - it's a taster of information but very thin. Need some comparisons.Spent 30 mins doing this (source: pro.similarweb.com): May 2017 LCG 440k IG 7.2m (Monthly) LCG 121k IG 1.557m (unique) LCG 5.2% IG 94.7% (traffic split) June 2017 LCG 575K IG 7.3m (Monthly) LCG 174.5k IG 1.456m (unique) LCG 6.1% IG 93.9% (traffic split) July 2017 LCG 464k IG 7.0m (Monthly) LCG 121k IG 1.385m (unique) LCG 6.6% IG 93.4% (traffic split) Different ways to paint it I guess, but I see: LCG increasing it's %'age take of visitors from 5.2% > 6.6% LCG increasing monthly visitors IG decreasing LCG up 5.5% vs. IG down 2.8% LCG swinging more agressively (on visitor numbers) during peak activity 30% up, vs 1.3% up IG ..ok its just a snapshot, but who knows.. |
Posted at 11/8/2017 10:28 by dusseldorf Some food for thought, lets assume LCG can make a profit %'age on a par with peersName: LCG turnover 23m mcap 9m Company..Price...Mca IG.......640p....235 Plus.....820p....943 CMC......145p....419 Revx - How many multiples of LCG revenue Mcapx - How many multiples of LCG market cap LCGrevX - How many times higher is co. valued off revenue vs. LCG Profitx - What is the market cap multiple of profit profit X - what is the profit as %'age of turnover As an aside, the above seems to point out Plus is undervalued. So, for my mid-term personal target of LCG trading at 6.25p (£25m mcap), I think the co needs circa: - Revenue £32.5-37.5m (Not sure on impact of overhead reduction) ...leading to - Profit of circa £5m Does not seem unreasonable given the right conditions. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
