|London Capital Group Hldgs
||EPS - Basic
||Market Cap (m)
London Capital Hldgs Share Discussion Threads
Showing 1051 to 1073 of 1075 messages
|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.|
|Another 50k for me 3.33p, I guess I should have been more patient on my last purchase..
Probably room for one more ahead of results end April.|
|Another 50k for me. highest price paid to date (3.83p), it's sipp'd. Slowly slowly.
In my accumulation, I'm still interested in any stock below the lowest employee incentivisation which is 4.7p/share. Also well below the GLIO conversion at 5p.|
|domple - yep - chart shows btm fishing in anticipation of a turnaround - previously was heavily loss making but mgt plans appear to be turning the ship - the FCA interference in the sector also created a sentiment overhang - which will last a little while - to answer your question it could multibag from here - as the regulatory overhang slowly subsides and the co updates demonstrate a successful new journey to profit. From a life cycle pov the norm is the nadir just before breakeven and the aggressive ramp up as the co announces a materially ahead with big %s from breakeven to profit.
So v early days here in terms of new life cycle - using charting & sector news to fill in the gaps between updates - and extrapolating from the prior update which showed big %s in terms of reducing losses. At this stage its still considered speculative because the magic 'swings to profits' and 'materially ahead' rns's haven't happened yet.
|ISDX vs LSE - the natural divergences show up a lot better on ISDX for some reason - prob because some heavy share transfers took place on LSE disguising the btm a little (looks like a large seller cleared on the Money Flow). Still, the divergences make the btm far more compelling technically as that's how its supposed to look (natural swing means its anticipated by the crowd), so minor accumulation on ISDX whilst the seller cleared on LSE.|
|LuckyMouse - going from memory, but I think the £100k/employee i worked from staffing costs in full year|
|150 calls a day just isn't possible - plus the stats show its the deeper engagement not the volume of calls that has the highest conversion sales ratio - so some sales BS there lol. maybe some inbound calls too but still a crock lol. I would have thought most their staff on 35-55k pa perhaps - SBs tend to be a good click lower than the IBs.
Richie yes have a few GRIT because metals/mining sector still v strong - money flow still v healthy - nav drifting slightly the wrong way which is holding it back a touch - needs to b/o here upto the 15 area or risk of a divergent top would be my read. LT weekly bowl v attractive.|
|That's a 6.5 day job: 150 calls per day x 6.5 = 975 which is just shy of the 1000 clients!!|
|wow, just stumbled across a sales account manager role at LCG (posted today). How's this for a set of KPI's:
• Manage portfolio of 1000 clients
• Sell on a directorship level/partners
• 150 calls per day
• £300k target/per month
Good luck to anyone applying for that. Can't believe 150 calls per day - perhaps that includes 'leaving a message'. One call every 3.2 minutes....
£300k target/per month - not asking for much are they? again, perhaps that is just an accumulation across the 1000 and their trading habits.
Though perhaps this goes some way to explain their 'average' employee cost of £100k|
|Are you still in GRIT LM?|
|LuckyMouse - thanks for your insight, wasn't aware of change in aim regs - also a good take on co. being cautious|
|They changed the aim regs requirement for ims - so thats all it is. I imagine at this delicate turnaround juncture the co prefers to monitor a while & see if the improving trend is continuing from last update. Also if there are any developments on the govt consultation re limited risk accounts which created a sector sentiment overhang. The new ultra hi tech platform has tons of sophisticated risk features built in so they are well positioned to offer these type accounts. Yes, they can still put an ims out to give the heads up before the Apr results at any stage - a mth before for example.
LCG chart is better placed than IG or PLUS because its the only only one coming off a major low so the sentiment is already baked in. As the sector sentiment slowly wanes & the results improve this chart appears best positioned to take advantage. Hence the btm fishing.|
|luckymouse - any view regarding the lack of trading update (to date)? I would assume given FY due end of April that one could still be issued prior to results in latter half of Feb/March.|
|Neckline is in the 6-7p area - so both roughly correct. Swings to profit in grand style, or swings to b/e followed by an ahead t/u will see a multibagger from these levels. So its down to whether the plan is working (which it now appears to be), and how long for those stage analysis events to arrive.|
|richie666 - I'm hoping it has 10p written all over it via a bid(!) Failing that a slow and steady recovery to 5p is on the cards as we head towards 2017 interims back end of this year. 2016 FY in April will hopefully consolidate the short-term rise and demonstrate profitability is around the corner.|
|5p all over it IMO|
|Momentum continues, can sell [email protected] or [email protected], but can't even get a quote to buy 3000 shares...(£120!)|