Share Name Share Symbol Market Type Share ISIN Share Description
John Laing LSE:JLG London Ordinary Share GB00BVC3CB83 ORD 10P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 279.10p 279.70p 279.90p - - - 0 06:33:37
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Industrial Engineering 260.8 192.1 51.9 5.4 1,024.36

John Laing Share Discussion Threads

Showing 351 to 373 of 375 messages
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DateSubjectAuthorDiscuss
16/11/2017
20:15
Labour's plans to nationalise PFI contracts. (See JLIF thread for more discussion.) Effect on JLG could be to make it harder to sell completed projects on. Applies only to UK of course, so effect not so marked as with JLIF.
jonwig
16/11/2017
20:02
Can someone tell me what's happening to JLG. Have held for so long and they've always been a good grower. Now they are dropping like a lead balloon
robbiereliable
06/11/2017
08:31
Oliver Brousse on PFI - "Not fit for purpose". Https://www.ft.com/content/3d34e478-bffb-11e7-b8a3-38a6e068f464
jonwig
23/10/2017
14:28
Not only special divi, but also earnings and net assets will be higher than expected. Will be a good year end December with net assets over 300p.
olliemagern
23/10/2017
09:32
JLIF - I don't hold so not bothered lol !
felix99
23/10/2017
08:55
... but if you hold JLIF as well: :-(
jonwig
23/10/2017
08:37
and it derisks UK infrastructure exposure
felix99
23/10/2017
06:30
Five sales to JLIF: Https://www.investegate.co.uk/john-laing-group-plc--jlg-/rns/announcement-of-sales-to-jlif/201710230700022589U/ The main point, I think, is that it takes total 2017 sales to £255m, against a target of £200m for the full year. This means our special dividends should be higher than expected.
jonwig
05/10/2017
09:59
Looking cheap at this price.
capricious71
01/10/2017
05:28
Times: The co-owner of an £8bn PFI deal to build high-speed trains is considering cashing in at a huge profit — before the trains have hit the tracks. John Laing is understood to be seeking bidders for its two stakes of 24% and 30% in the Intercity Express Programme. Https://www.thetimes.co.uk/edition/business/john-laing-to-cash-in-with-pfi-sale-of-hitachi-trains-39jm2559j "Huge" is nowhere quantified. [Can read for free if you register.]
jonwig
24/9/2017
08:15
Thanks Pete. Barclays also have a 340p TP, and Peel Hunt 377p.
jonwig
24/9/2017
08:03
John Laing's growing pool of public-private partnerships and renewable energy investment opportunities should allow the company to grow 12% a year through to 2019, said HSBC as it restarted coverage of the stock with a 'buy' recommendation.HSBC said Laing's investments opportunities are in low risk territories in Europe, North America and Australasia, "where there is political support for PPP and a rising weight of secondary investment funds that exceeds the flow of finished projects".Opportunities in these territories are expected to structurally rise in both PPP and renewables, which the group can access through the network of offices, most recently expanded in the US."We see PPP investment as the most expedient means of realising infrastructure demand," while HSBC's climate change strategist, Ashim Paun, has set out expectations for the renewable energy provision to increase by multiples of up to 3.3 times current levels by 2030 in the group's key markets.Analyst set a 340p share price target that projects a rise to a 20% premium to net asset value to reflect the growth prospects in both investment pools and the group's advantageous position and track record for realising surpluses.
texaspete2
22/9/2017
15:16
Have faith Huntie.
robbiereliable
20/9/2017
15:47
this share does NOT want to go up at the moment...!
huntie2
30/8/2017
06:00
Citywire, today: Berenberg has upped its target price on John Laing (JLG) after last week’s half-year results from the infrastructure group. Analyst Olivia Peters raised her target price to 350p from 340p and retained her ‘buy’ rating on the shares, which fell 3.3% to 294.3p yesterday. She said the results showed the group was ‘well placed’ to meet full-year targets despite the impact of writing down its Manchester waste contract, adding that the shares appeared cheaper than those of peers. ‘John Laing is trading at a 6.4% premium to NAV, while listed infrastructure peers are trading at a 1% average premium and real estate peers at a 10% average premium,’ she said. ‘We believe that the stock is trading at an unjustified discount to its peers. We see scope for a re-rating supported by low bond yields and continued delivery on targeted investments and disposals.’
jonwig
25/8/2017
12:38
It's a good company this. Happy to hold and possibly add more if opportunities arise.
topvest
24/8/2017
15:07
Lol - it's exactly the 7p I mentioned earlier. Took them a while to work it out!
jonwig
24/8/2017
14:21
Peel Hunt reiterates BUY but reduces target from 384p to 377p.
jonwig
24/8/2017
10:47
A pleasantly 'sober' market reaction to today's news.Stripping out the 'funnies',FX and write downs,it all looks very sound.
steeplejack
24/8/2017
08:10
So the profit reduction is partly MWPs and the rest is forex, which I missed: Britain’s long suffering taxpayers and commuters, if asked what they wanted this week, would probably have said: “Infrastructure”. And when do they want it? “Now!”. And how do they want it paid for? “Er, ideally through some form of arrangement where the private sector takes all the risk and we don’t have to pay anything.” In today’s half-year results, infrastructure group John Laing suggested that demands like these remain strong - in all parts of the world. Chief executive Olivier Brousse said the group would “continue to see strong opportunities for attractive growth in our business by scaling up our model in our three core regions: North America, Asia Pacific and Europe." He noted that, in the second half, “our teams continue to bring forward a steady stream of new investments, while the asset management teams are actively managing projects through the construction phase.” John Laing reported growth in its half year net asset value, after taking into account the reduction in value on its two Manchester waste investments. And its disposals of projects are on track to meet full-year targets. But statutory profit before tax fell sharply, from £108m to £37m, primarily because of that reduction in value on its Manchester waste investments - of £25m - and last year’s boost from foreign exchange - worth £49m - as a result of the EU referendum. Laing’s investment portfolio was valued at £1.1bn at the half-year stage. After adjusting for realisations, cash yield and new investments made in the period, that was an increase of £53m, or 5 per cent. However, in absolute terms, the portfolio reduced by £57m reflecting the realisations completed in the first half. [FT Opening Quote, by email.]
jonwig
24/8/2017
07:37
ah ok thanks
felix99
24/8/2017
06:49
Our NAV increased from GBP1,016.8 million at 31 December 2016 to GBP1,040.4 million at 30 June 2017. This represents growth of 2.3% and is net of a GBP25.5 million reduction in the value of the Group's two Manchester Waste investments. After adding back last year's final dividend of GBP23.1 million paid in May 2017, growth in NAV was 4.6%. In line with our dividend policy, we are declaring an interim dividend for 2017 of 1.91p per share, a 3.2% increase versus 2016.Net of write down
steeplejack
24/8/2017
06:46
is the write down to come from Manchester included in the NAV calc or not - I think perhaps not. Can't see any mention other than to say the effect compared to the 30 June valuation of Manchester so one assumes not? So is adjusted less your per share figure ? Either way Premium to NAV looks a little heady but who knows how Mr Market views it all
felix99
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