Lsl Property Services Share Discussion Threads

[cockneyrebel] 20/8/2012 14:10

Some horny buying going on

CR

[cockneyrebel] 20/8/2012 12:59

Bought back in today after Friday's director buys:

[40kj] 31/7/2012 08:53

Surveying services growth by underpricing. Underpricing enabled by choosing not to recognise the risk. Similar story to the banking sector. Short term strategy catches up eventually.

[l2user] 04/1/2012 23:42

LSL Property
January 4, 2012 7:45 pm
By David Keohane

[nellie1973] 19/5/2011 14:12

Broker note-Buy-target 389p

[cockneyrebel] 19/5/2011 07:54

Performing rather well considering the mkt and fwd PE just 11 - historically very cheap for LSL.

CR

[cockneyrebel] 17/5/2011 07:56

Chart looks set to test the highs here imo.

CR

[cockneyrebel] 05/5/2011 07:23

good statement from WINK today, bodes well for LSL.

CR

[spitt] 03/5/2011 17:18

have some of these on a spread bet......been ticking up quite nicely!!

[cockneyrebel] 03/5/2011 12:47

nice buying - Interim management statement must be imminent - was late April last year.

CR

[cockneyrebel] 28/4/2011 15:55

Looking rather horny.

CR

[cockneyrebel] 26/4/2011 16:01

Interim Man Statement must be due any day too.

CR

[cockneyrebel] 26/4/2011 15:55

This thread is dead - crakingly good sign imo:

Been buying LSL the past few days, reday to break out, rather cheap and a class act imo. Been a happy hunting ground for me.



One to watch: LSL Property Services

[40kj] 25/11/2010 14:54

Looks like things are going to start happening. That large change of ownership shows commitment from the buyer. Not much of a discount needed to shift it either. This may be part of the stock left with Barclays Private Equity when the MBO happened. It should get the company onto peoples radar. Clearly a growth company with good capital generation, suffering from property sector woes.

[scrapman] 25/11/2010 11:21

well thats part of the 20 million shares accounted for

[scrapman] 24/11/2010 09:40

huge amount of trades through after hours yesterday , and not a blip on the price today,

[scrapman] 23/11/2010 17:58

anyone know what happened here after hours ?

[chingman] 05/11/2010 12:50

New note -

[scrapman] 04/11/2010 09:28

TIDMLSL

RNS Number : 5857V
LSL Property Services
04 November 2010

?
+-------------------------------+-------------------------------------+
| For immediate release | 4 November 2010 |
+-------------------------------+-------------------------------------+



LSL Property Services plc
("LSL" or "the Group")

Interim Management Statement
LSL, a leading provider of residential property services, incorporating estate
agency and surveying businesses, issues this Interim Management Statement for
the period 1 July 2010 to 31 October 2010.
Since 1 July 2010 the housing market has weakened with House Purchase Mortgage
Approvals for quarter 3 down 12% compared to quarter 3 2009 and Total Mortgage
Approvals down 10%(1). The annualised run rate of House Purchase Mortgage
Approvals for quarter 3 2010 suggests that full year approvals will be c.575,000
compared to 593,000 for 2009.

However, despite this backdrop the Group has performed well and made good
progress. The Group's current performance underpins the Board's confidence in
meeting expectations for the 2010 full year outturn.

Turnover for the 10 months ended 31 October 2010 compared with the same period
in 2009 was as follows:

� Group turnover for the period was up by 33%, like-for-like (2) up by
17%
� Surveying turnover was up by 18%

� Estate Agency and Financial Services turnover was up by 45%,
like-for-like(2) up by 17%


Cash generation remains strong and net debt at the end of October 2010 was
GBP13.7m (October 2009 GBP33.7m).

Surveying Division
Surveying has continued to make solid progress and recent market share gains
have resulted in significant growth in turnover and continued robust operating
margins.

Estate Agency
Estate Agency has performed well and benefitted from further market share gains
in all brands during the year. The performance of the HEAL business has
significantly improved since acquisition and is expected to be profitable in the
second half of the year.

Estate Agency has continued to build on its market leading positions in Asset
Management and Lettings. These counter cyclical income streams are increasingly
important profit drivers for the Group.

A key development in 2010 has been the Group's major expansion in mortgage and
insurance distribution capacity. Home of Choice was acquired earlier in the year
and has now been restructured with a lower cost base. In October, Estate Agency
agreed to acquire Advance Mortgage Funding Limited and its subsidiary business
BDS Mortgage Group Limited. Together these acquisitions create one of the
largest intermediary networks in the UK and the opportunity to significantly
leverage the Group's financial services business.

Outlook
LSL has a cautious view of 2011 and with the continued and well documented
market uncertainty, expects no improvement on current market run rates.
However, the Group benefits from strong market positions in all areas of
business together with well established counter cyclical income streams and
transformed capacity of the financial services distribution network. In
addition, within both Estate Agency and Surveying, the Group has a programme of
initiatives that can deliver organic growth even in these challenging trading
conditions. LSL remains profitable and extremely cash generative at market
levels which have been at, or around half historic levels for some time.
The Group has a strong balance sheet and is on track to have minimal net debt at
the year end. Overall, LSL is extremely well placed to deliver progress in 2011
and beyond.



(1) Source : Bank of England
(2) Excluding the Halifax Estate Agencies Ltd ("HEAL") branches acquired in
January 2010



For further information, please contact:
+-----------------------------------+-----------------------------------+
| Simon Embley, Group Chief | |
| Executive Officer | |
| Steve Cooke, Group Finance | 0203 215 1015 |
| Director | |
| LSL Property Services plc | |
+-----------------------------------+-----------------------------------+
| | |
+-----------------------------------+-----------------------------------+
| Richard Darby, James Strong | |
| Buchanan Communications | 0207 466 5000 |
+-----------------------------------+-----------------------------------+


Notes to Editors:
LSL Property Services plc is one of the leading residential property services
companies in the UK and provides a broad range of services to its clients who
are principally mortgage lenders, as well as buyers and sellers of residential
properties. For further information, please visit our website: www.lslps.co.uk.



This information is provided by RNS
The company news service from the London Stock Exchange
END

[scrapman] 04/6/2010 08:56

I feel with the the end of HPI this is destined for the dump ,looking at the financial s , i think this could drop to 150p and still be overvalued , not intended as a blatant deramp , but a statement of mho

[ukinvestor220] 04/6/2010 08:39

hes been with them for 15 years !!

[scrapman] 04/6/2010 07:14

FD Director steeps down , rats offboarding ??

[ukinvestor220] 03/6/2010 13:10

2 acquisitions to play wirth

LSL PROPERTY SERVICES ACQUIRES THE ESTATE AGENCY, LAND AND NEW HOMES AND
LETTINGS BUSINESS OF GOODFELLOWS GROUP PLC

LSL PROPERTY SERVICES ACQUIRES HOME OF CHOICE HoC is a fast growing multi-tied specialist mortgage network provider to approximately 500 self employed mortgage advisers with extensive financial services expertise and knowledge of the mortgage market.

[scrapman] 01/6/2010 08:29

is the end of the house buying packs a sign its over for this lot , or do they generate much revenue elsewheree