|London Capital Group Hldgs
||EPS - Basic
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London Capital Hldgs Share Discussion Threads
Showing 1051 to 1072 of 1075 messages
|100,000 more for me today, split trades between CGT and SIPP.|
|should be getting notice of results any day now with the final results posted sometime next month. It should reveal tough year with all the changes, so will need to be upbeat to change momentum.|
|harvester - Post financial crisis, LCG needed to shore up it's capital requirements. GLIO an investment firm backed by several company directors, converted £18m (debt and cash injection) at 5p/share (plus 10% uplift in equity issued).
Last year: 360m ish shares issued to GLIO
All employee incentive shares are now at 4.7p - 7p/share.
The current shareholder list looks very different (inc. 1.32% by Stan Warwinka - who invested at 5p in some form of sponsorship agreement):
83.36% are not in public hands.
% of Total
GLIO Holdings Limited 78.14%
Charles-Henri Sabet* 2.06%
London Capital Group Holdings Employee Benefit Trust 1.92%
Pictet & Cie Geneva 1.67%
Marlborough UK Micro Cap Growth Fund 1.64%
Andrey Pavlov 1.41%
Legal & General UK Alpha Trust 1.34%
Mr Stanislas Wawrinka 1.32%
Mr Francis D S Chapman 0.85%
Peterhouse Corporate Finance Ltd 0.76%
The past share price performance has been tanking since 2009, but there are quite a few factors involved, including regulatory changes to capital holdings and cash injections to cover trading losses. Also the business wasn't tuned to make profits when trading was subdued, overheads too high etc..
Current chairman has culled circa 25 people (some replaced into Cyprus office) as well as 5-6 directors. Given he owns the vast majority of shares and has coverted GLIO debt - I'm backing the guy with £20m at stake.|
|Posted by Guidfar 10/12/09
12 Dec 2009
Legal & General Investment Management 9.97%
Blackrock Investment Management 8.83%
AXA Framlington 5.91%
Artemis Fund Managers 5.31%
FOUR Capital Partners 5.76%
The percentage of Shares not in public hands is 38.40%.
Current holdings listed below.
This later shareholding list no longer shows L&G or Blackrock as shareholders .
There seem to have been dramatic changes of ownership since 2009 .
Newby here,hence don't know LCG's history .|
|It certainly needs an ace up its sleeve....|
13 March 2017
London-listed spread betting and CFD provider London Capital Group (LCG) will launch a new TV advertising campaign today featuring brand ambassador Stan Wawrinka.
The TV ad is part of a four-year partnership with the three-time Grand Slam winner, who is currently ranked 3rd in world tennis.
The campaign kicks off on March 13th on Bloomberg Television across Asia and Europe.
|Not 100% sure, but I think the website has a distinctly more international focus about it (language switcher etc.. e.g.European majors, South korean, malaysian,Russia, thailand).
According to last full year, the company generated all its revenue in the UK - unless someone reads differently?
The careers section also lists a few roles notably Turkish and German account managers with £150k to £300k/month targets respectively.
Looks like momentum is building, hopefully in a few weeks we'll get some positive expansion news.|
|IG have an Oz office - helps with the 24hr trading desk & global coverage - so they may just be copying that model - agree you don't need L2 - its all in the news, candles and charts
Heres a highly exotic analysis you may like - the compression of the skew bands around the base area causes an accidental 3D Fourier Fringe Topography effect
- I call it 'LMs Green Mountain' - for micro caps, does it every time on a chart btm! One for the Joy Division fans out there lol|
|LuckyMouse - I had Level 2 many moons ago, but drove myself mad looking at it (and it didn't help with my timing) so cancelled maybe 8 years ago now. I agree ringing up the market is generally the best way to work an order but don't have the time when doing the day job - that said my broker is pretty responsive.
I got the additional stock I was after to make things rounded (75k yesterday and 10k today). Just a waiting game now. FY revenue should be substantially better than last year but will IMO still be loss making. I'm interested to see what the impact of these long drawn out changes have on the cash burn and also if Australia is on the cards. GLIO clearly call the shots, but ultimately, these guys want to see a return on the 84% equity they now hold.|
|You need Level 2 so you can see what's on offer throughout the day, or perhaps ring up a few times and ask them what's on offer at that moment - alternatively just ask your broker to work an order up to a certain price - they can ring around for you. I think IG also do partial fills these days.|
|join the queue. cant buy any meaningful amounts so there must be some playing about by the mms.|
|Can sell 150,[email protected] online for those who are interested in selling.|
|Looks like the DOW is heading for some form of spectacular crescendo during Trumps reign. LCG should be doing well both in rising and falling markets, they are well positioned for the inevitable bumpy ride to reality and associated volatility.
The golden cross approacheth
Everything pointing to end April...|
|Nice intraday recovery, though it appears only I'm to thank for that one. 212,500 more for me today.|
|Interestingly, or perhaps a very large co-incidence, LCG name variant has been used to register a PTY in Australia (the worlds largest nation by gambling spend per capita). Confirmed as private in Feb 2017
Are we heading over there?
London Capital Holdings Pty Ltd was incorporated on 23 May 2016 (Monday)and as of 10 February 2017 (Friday) is a Registered Australian Private Company.
This Australian Private Company have been operating for 276 days.
...so what is PTY:
Small proprietary companies only have to prepare audited financial statements if ordered to do so by the Australian Securities and Investments Commission (ASIC) or members holding five percent of voting shares and, in some cases, if controlled by a foreign company.
London Capital Holdings Pty Ltd is a company registered with Australian Securities and Investments Commission (ASIC).
If you look at H1 interims, an expansion strategy overseas is clearly signaled:
....This effort has continued through the first half of 2016 with LCG now positioned to take advantage of growth opportunities....
...Part of that investment and growth has resulted in the Group further developing its product offering by improving its Meta Trader 4 platform, which the Board expects will create a greater appeal to markets outside of the Group's traditional UK market place....
...and attract a more diversified client base, both within the UK market and internationally...
....The Group is now looking to expand its offering beyond the UK and....
...and is hoped will attract a more diversified client base, both within the UK market and internationally.
...The removal of debt from the balance sheet and the resultant increase in capital will improve LCG's capacity to expand into new markets and geographies...
....With the new initiatives being employed by the Group to expand its already robust product offering through its enhanced and client focused technology, whilst building on the LCG brand and expanding into new markets and territories...|
|Sometimes they make this shape or similar|
|Has certainly been a sweep at the highest levels - presumably after GLIO effectively took control by majority holding in July 2016:
Termination of appointment of Nicola Berardi as a director on 27 June 2016
Termination of appointment of Kate Nicola Valdar as a secretary on 19 July 2016
Termination of appointment of Matthew Thomas Parish as a secretary on 11 October 2016
Termination of appointment of Charles Henri Sabet as a director on 18 November 2016
Termination of appointment of Ian Trussler as a director on 9 December 2016
Termination of appointment of Laurence Richard Crosby as a director on 7 February 2017
Termination of appointment of Rebecca Shelley Fuller as a director on 31 January 2017
Termination of appointment of Matthew Thomas Parish as a secretary on 11 October 2016|
|Yes - post Brexit I'm sure there was a bit of a stunned pi silence so to speak. They are coming back now tho since before xmas. The long end of the gilt curve shows UK risk subsided around then.
The CEO is not popular but does seem determined to turn it around. The turnaround may have proved a bit harder than initially foreseen I'm guessing, both structurally & because of Brexit - but if he keeps doggedly plugging away he should get there.|
|LuckyMouse - Post Brexit, I'm assuming things have picked up as the market certainly gained some confidence that the world wasn't about to implode - though US election also contributed to people holding fire around brexit time before making investment decisions. We should get visibility on the Ops move to Cyprus and how it's going to benefit the operational costs (from Q4 onwards they inferred) in April FY RNS. The company has a very solid client base, with improved capital position, and the new monthly funded users is 'ok' if not stellar. They have recognised the staffing costs were impeding ability to invest and the bottom line and are addressing it.
All in all, it appears to be doing all the right things IMO.
I've no doubt there may be quite a few ex-employees who held stock who are selling this, but ultimately I'm looking 2 - 3/4 years down the line (hence not quite getting the best price doesn't really bother me) and I'm certain the markets are going to tank at some point during that range, which should allow LCG to capitalise on the revenue capture improvements.|
|The volatility of Brexit would have been good overall for LCG at a guess - the new platform responds very quickly to volatility & risk - dynamic spreads etc - good for LCG - less good for the scalper who doesn't need a volatility driven spread.|
|..and another 92.5k for me. Was going to wait but the buy volume liquidity is good at present. Would appear I'm the only one interested at this stage, but I guess that suits me.
Was reading on Glassdoor some 'ex' employee rants about the CEO. Appears that LCG culled circa 20 staff in London (a significant proportion) in November blaming brexit, but those affected didn't really buy that. The theories were that the jobs were being shipped to Cyprus for 'cheaper' staff. Whilst the CEO doesn't seem like a particularly empathetic chap, he appears to be about one thing alone, profit generation. I guess as an investor that's a plus, but can imagine as an employee he's a ball breaker.|