John Laing Share Discussion Threads

[skinny] 22/5/2017 14:43

Yes - last Friday 19th (HL).

[chilly_ho] 22/5/2017 14:34

Anyone received dividend payment yet, thought this was due last Friday? Unless it takes a few days to clear..

[igoe104] 19/5/2017 07:56

Divi payment day today.

[skinny] 10/5/2017 16:40

A new high @299.40p.

[jonwig] 03/5/2017 07:22

Yesterday afternoon's announcement about the Manchester waste project wasn't really a surprise, but the eventual effect on JLG is (to me anyway) quite unclear. However:

• compensation is expected when the project is taken into public ownership,

• the project's valuation has already been reduced, which should take account of any reduction in compensation,

• the chief culprit is subcontractor Costain, which has already taken losses of £15m on the project and may be pursued by JLG and Viridior if the public compensation is below expectations.

The market had about 20 minutes to react after the announcement and, basically, did nothing. let's hope nothing further comes out of this. We've still got the Royal Adelaide Hospital to think about.

[igoe104] 22/4/2017 13:41

John Laing Group PLC (JLG) Receives GBX 341.80 Average PT from Analysts


April 18th, 2017 - By Scott Moore - 0 comments
John Laing Group PLC (LON:JLG) has received a consensus recommendation of “Buy” from the six brokerages that are currently covering the stock. Six analysts have rated the stock with a buy recommendation. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is GBX 341.80 ($4.30).

[yf23_1] 20/4/2017 16:03

ex-div today, so not a lot of movement.

[skinny] 19/4/2017 13:59

Interesting uncrossing trade earlier @298.90.

[igoe104] 06/4/2017 11:35

Creeping up nicely now, surely the share price here should start with a 3.

[igoe104] 03/4/2017 21:12

Peel Hunt today reaffirms its buy investment rating on John Laing Group Plc (LON:JLG) and raised its price target to 384p (from 344p).
.

[alan@bj] 01/4/2017 08:48

Crikey, I thought it ended at Carlisle!!

[igoe104] 01/4/2017 08:36

John Laing completes Hungary disposal
31 March 2017
John Laing has completed the disposal of its shareholding in the M6 Hungary road project.

[skinny] 23/3/2017 07:48

Also from yesterday.

22 Mar Barclays Capital Overweight 0.00 - 345.00 Reiterates

[jonwig] 23/3/2017 06:37

Citywire:

Infrastructure developer John Laing Group (JLG) is offering ‘outstanding value’, according to Peel Hunt.

Analyst Andrew Shepherd-Barron retained his ‘buy’ recommendation and increased the target price from 334p to 384p after recent results and fund raising ‘show a sector in demand’. The shares were trading flat at 274p at the time of writing.

‘We see John Laing as offering outstanding value and upgrade our target price to 384p with full fair value another 25% above that,’ he said.

He said that 2017 should prove ‘even better’ than last year in terms of ‘value creation’ that will push the share price up further.

Shepherd-Barron said it was ‘anomalousR17; that the John Laing Infrastructure and Environmental Assets investment trusts did do not have the same business pipeline but traded at a 12% premium to net asset value, while John Laing Group trades at a discount.

[jonwig] 15/3/2017 09:22

"Berenberg today reaffirms its buy investment rating on John Laing Group Plc (LON:JLG) and raised its price target to 340p (from 330p). Story provided by StockMarketWire.com"

[igoe104] 13/3/2017 07:40

UPGRADE.


Peel Hunt announced John Laing Group Plc (LON:JLG), boosting its stock price target to 349.00GBX today.

[capricious71] 09/3/2017 16:30

A week before Brexit and just after a budget, maybe not too surprising that it's fallen back. Seems like a good time to buy some more.

[igoe104] 09/3/2017 11:32

I`ve just topped up at £2.51, should be a medium term bargain.

[davr0s] 09/3/2017 09:03

Couldn't break 280 and now put in two lower lows - I sold out on the first around 270. Have to respect the trend atm

[jonwig] 09/3/2017 07:30

Edison have a research note:



Need to register, free. NB this is paid for by the company.

[gopher] 08/3/2017 19:02

Poor reaction today to a good set of results

A discount to NAV does not make sense given IT infrastucture plays trade at a premium.

[alan@bj] 08/3/2017 12:47

Investors Chronicle summary:-
"John Laing has failed to take off since our buy tip late last year (271.4p, 29 Sep 2016), but with results like these we think the market is overlooking the value here, especially at a 15 per cent discount to Barclays' expected 2017-end book value per share. Buy."

[igoe104] 08/3/2017 12:01

This is the type of share that will rise 20% a year, and 3%+ Divi. I more than happy to hold for a few years yet.

[olliemagern] 08/3/2017 11:23

With Tangible net assets on track to be over 300p next year, at 260p this looks a time to add.