Inspired Share Discussion Threads

[1gw] 11/10/2017 08:51

David Foreman stepping down from the board is an odd move. Why on earth would they be looking "to stream-line the operation of the board" when they've just lost their chief executive? Wouldn't you have thought that they would want to maintain as much continuity as possible?

I think an obvious question is whether the 2 moves (one leaving, one losing board status) have a more direct linkage than just the new CEO wanting to stamp his authority on the company by changing the composition of the board.

[yump] 11/10/2017 08:11

If it was a planned departure, the share price wouldn't have moved like this. Shows how easy it is to freak investors for no real reason. The business is big enough by now to function perfectly well - proven business model etc. etc.

[melody9999] 11/10/2017 07:56

its a long term business and it will still be business as usual

[miti 1000] 11/10/2017 07:46

Doubt it...reckon it will fall a lot more today but we shall see.

[rivaldo] 11/10/2017 07:40

Indeed owenski. With Panmure forecasting 1.5p EPS this year rising to 1.8p EPS, and Canaccord going for 1.63p EPS rising to 1.82p EPS, hopefully the recent slide has left INSE cheap enough for buying to mop up any small selling.

[nurdin] 11/10/2017 07:36

Perhaps the news is already in the share price now?

[owenski] 11/10/2017 07:26

That's a big deal, Janet pretty much was the entreprenuer behind the success here, probably explains recent share price weakness.

[miti 1000] 11/10/2017 07:24

The market won't like that!

[rivaldo] 11/10/2017 07:14

A shame - "personal reasons" implies she's had some sort of family/medical crisis. Best wishes to her, and congrats on her success over the years. As an aside, I notice that Matthew Thornton remains on the Board, which confirms that the issue relates solely to Janet Thornton.

In particular, it's good to hear today that:

"The Group has an established acquisition strategy in place and the strong performance in the first half of 2017 has continued with the Group trading in line with the Board's expectations."

And:

"With the Group structure now firmly embedded, and a proven strategy which combines organic growth with selective acquisitions, we have a very strong platform from which to continue our growth, as demonstrated in the robust performance of the Group in the first half of 2017."

[funkmasterp12] 11/10/2017 07:03

Wow, Janet's gone and very suddenly too.

[wanttowin] 10/10/2017 21:43

spot on PJ, someone mopped up 200k at the bell.

[pj 1] 10/10/2017 10:33

I'll go for a patient background buyer prepared to ''mop up'' below but not increase the offer price.

[johnv] 10/10/2017 10:26

If you can't buy, gives the impression it is a tree shake.

[mfhmfh] 10/10/2017 10:22

surely a top-up opportunity coming. IMHO.

[wanttowin] 10/10/2017 10:11

I just tried to add 10,000 online and MM's will not do, even tried 5,000 online and still not available ??
Edit, can sell 50000 online no problem

[yump] 10/10/2017 09:38

Looking back, that 15p was a very, very good buying opp. There's a few charts around where there's a long horizontal period, then a breakout. Not going to work all the time, but the first pullback looks like a prime buying point as a share gets re-rated.

[brucie5] 10/10/2017 09:30

Looks like a simple repetition of the chart. Those who sell out here would probably have sold out at the retrace to 15p, after which it went to 24p. That, plus anxieties maybe about a Corbyn renationalisation of the utilities.

[yump] 10/10/2017 09:18

Same sort of weakness after 18p when it was even cheaper - puts the wind up people but probably just earlier investors selling quite heavily. 24p was all a bit sudden though and a good sell point if you were just trading. p/e has gone up rapidly since Feb and nothing obvious has changed in the business. Probably just a bit of discovery and few tips.

[nurdin] 10/10/2017 08:58

This weakness is hard to understand...nothing has changed as far as I can see.Perhaps time to add soon

[brucie5] 03/10/2017 16:58

Interval between last two peaks was 6p. Notwithstanding the relative value of that as percentage of current price, it suggests to me a target of at least 30p over next four months, or at least until we hear the next results. IMHO.

[rivaldo] 02/10/2017 13:35

Good to see the bounce continuing. Back to 22p for starters and then form a base for further gains.

[pj 1] 02/10/2017 10:21

Lakehouse, the asset and energy support services group, announces two important strategic developments for the Group, together with a trading update.
Sale of Orchard
Lakehouse announces the disposal of the entire issued share capital of Orchard to World Fuel Services Europe, Ltd ("the Disposal"), for a cash consideration on completion of GBP12.4m, representing an estimated gain on book value of GBP5m. A further sum of GBP1.9m will be held in escrow against potential claims under the Sale and Purchase Agreement, to be released in equal instalments on the first and second anniversaries of Completion. The proceeds from the Disposal will be used to reduce Group indebtedness.
Orchard provides consultancy advice to corporate clients in relation to managing their energy costs, particularly energy procurement and usage. In addition, Orchard provides energy management services to commercial and industrial customers, including brokering supply with utilities firms, managing contracts and advising on energy consumption. Orchard has strong commercial relationships with the leading UK utilities providers. The business employs 72 staff and is based in Elland, West Yorkshire, with offices in Glasgow, Bristol, Newcastle and Northampton.
===================================================================================

Unsure if this is direct competition or not, but looks like they paid a 40% premium to Book value.

[fizzypop] 02/10/2017 09:27

Being quoted 19.95p to buy 20Ks worth.
200ma circa 17-18p.

[edale] 30/9/2017 17:09

johnv, I don't know but find it strange that the number of shares traded in this sequence has dropped by a small number each day for four months. Not significant with regards to the share performance over this period but just interested wrt the reason for the observed sequence. Now it is down to two trades of two shares per day it will be interesting to see how long it continues.

[petewy] 30/9/2017 13:06

Or is the clause 4 state ownership threat from Corbyn ( see National Grid MNG.)
I'm out which is a pity.. good luck.