John Laing Share Discussion Threads

[skinny] 14/12/2015 16:43

Without being pedantic, the purchase was made on Friday.

[mfhmfh] 14/12/2015 16:16

Chairman bought 100,000 shares today

[mfhmfh] 11/12/2015 08:20

I like solid and boring

[jonwig] 11/12/2015 07:33

Pre-close update.

Reassuringly boring. Realisations since 30 June 2015 for total proceeds of £32.2 million, at prices above portfolio valuation ...

This suggests year-end NAV should be ahead of forecasts, and dividend payment will be enhanced by a proportion of excess proceeds. Current full year expectation is 6.86p, but that may include this uplift.

[jonwig] 04/12/2015 09:12

Earnings are made up principally from asset sales and asset revaluations: so not really so easy to time. I'd concentrate here on the NAV rather than eps.

[jonwig] 03/12/2015 14:21

The AT bot traders are busy again here.

The other day I had a definitive answer to what's going on, from a senior stockbroker at a social do.

It's a hedge fund working arbitrage trades between a dark pool and the LSE. The latter are small size of numerous fills in the order book whilst the former could be a very large trade.
There is little chance of a PI taking advantage, because either he can't get a quote from a MM close to the AT trades (MMs often retire from the contest by widening their spread) or, most important, because the PI can see only one side of the operation: the LSE trades data.

I understand there's a lot of this going on. Grin and bear it.

[mfhmfh] 26/11/2015 18:46

slow and steady recovery...happy to hold

[igoe104] 21/11/2015 08:06

Does John Laing Group PLC Have Any Gas After Today’s Gap Up?

The stock of John Laing Group PLC (LON:JLG) gapped up by GBX 0.7 today and has GBX 318.00 target or 64.00% above today’s GBX 193.90 share price. The 6 months technical chart setup indicates low risk for the GBX 705.91M company. The gap was reported on Nov, 18 by Barchart.com. If the GBX 318.00 price target is reached, the company will be worth GBX 451.78M more

[market sniper1] 19/11/2015 17:16

Ohhhhh dont you worry we will do so. And before Xmas.

[silver tortoise] 19/11/2015 17:13

MS1 would love to see 220 again !

[market sniper1] 19/11/2015 08:26

JLG moving up nicely now. Gone through one level of resistance.

[igoe104] 18/11/2015 11:08

Nice write-up in the shares mag, seems to have got the share price some momentum.

[market sniper1] 12/11/2015 08:57

John Laing Group PLC 24.3% Potential Upside Indicated by Barclays Capital
Posted by: Ruth Bannister 11th November 2015

John Laing Group PLC with EPIC/TICKER LON:JLG has had its stock rating noted as ‘Reiterates217; with the recommendation being set at ‘OVERWEIGHT217; this morning by analysts at Barclays Capital. John Laing Group PLC are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 240 GBX on its stock. This would imply the analyst believes there is now a potential upside of 24.3% from today’s opening price of 193.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 3 points and decreased 29.4 points respectively.

John Laing Group PLC LON:JLG has a 50 day moving average of 200.21 GBX and the 200 Day Moving Average price is recorded at 213.71 GBX. The 52 week high for the stock is 240 GBX while the year low share price is currently 185.6 GBX. There are currently 181,286,729 shares in issue with the average daily volume traded being 650,054. Market capitalisation for LON:JLG is £706,253,765 GBP.

[market sniper1] 15/10/2015 11:45

Positive RSI divergence with the Sp on the chart, very bullish sign.

[market sniper1] 15/10/2015 10:35

JLG

Long JLG John Laing Group, Recent big director Buy, Broker Bullish covering Barclays 240p TGT, chart rising off base




John Laing Group share price information

John Laing Group plc is an originator, active investor and manager of international infrastructure projects. Our business is focused on major transport, social and environmental infrastructure projects awarded under governmental public-private partnership (PPP) programmes, and renewable energy projects, across a range of international markets including Asia Pacific, UK, Europe and North America. We are one of the world's most trusted brands in the field of infrastructure thanks to our expertise and credentials, with more than 100 projects in the last 30 years. Index FTSE 250

Latest share price (p) 192.35 Net gearing (%) 25.33
Market cap (£m) 695.32 Gross gearing (%) 25.57
Shares in issue (m) 366.92 Debt ratio 23.24
P/E ratio 0.00 Debt to equity ratio 0.88
Divs per share (p) 0.00 Assets / equity ratio 1.34
Dividend yield (%) 0.00 Price to book value 1.07
Dividend cover 0.00 ROCE 14.22
Earning per share (p) 0.00 EPS growth (%) n/a
52-week high / low (p) 240.00 / 185.60 DPS growth (%) n/a

John Laing Group broker views

Date Broker Recommendation Price Old target price New target price Notes
30 Sep Barclays Capital Overweight 192.35 240.00 240.00 Reiterates
28 Aug Beaufort Securities Buy 192.35 - - Reiterates

John Laing Group director deals

Date Director Type Volume / price Trade value
12 Oct 2015 David Rough Buy 5,000 @ 191.30p £9,565.00
12 Oct 2015 David Rough Buy 20,000 @ 192.30p £38,460.00

[igoe104] 14/10/2015 15:25

John Laing Group PLC Coverage Initiated at HSBC (JLG)

Analysts at HSBC began coverage on shares of John Laing Group PLC (LON:JLG) in a research note issued on Wednesday, AnalystRatingsNetwork.com reports. The brokerage set a “buy” rating and a GBX 250 ($3.83) price target on the stock. HSBC’s target price would suggest a potential upside of 29.87% from the stock’s previous close

[jonwig] 12/10/2015 15:31

Your point about supply-demand is shown in today's trades to date: HFT is busy, but there are enough buys in bigger size to absorb them. For me, I'd only be bothered if selling happened in size rather than dribs.

Today's announcement: Germany's energy policy is in a mess (recent IC article) and they need to expand renewables capacity to meet emissions targets. I'm viewing their investment positively.

[silverfern] 12/10/2015 15:04

WEll sod's law now applying of course and up it goes,. Nothing wrong with this company and it remains on my radar but Tesco and DTG have risen since I went in there last week (altho only just in both cases)

[jonwig] 09/10/2015 16:52

Wasn't meant - in fact people sell, and buy for lots of reasons. Sorry if offence taken.

I see the HFT bots are busy again today, but buyers are taking the stock. The operator may well have to cover and move on. Either way, his gain or loss will have been fairly small.

I had it confirmed from one of my brokers that trading bots are causing a lot of volatility and disrupting the market. They can be institution trading rooms, but more often individuals. At least the trades data makes it fairly easy to spot what's going on.

[silverfern] 09/10/2015 15:45

I guess I fit your prejudged patronising description Jon

[market sniper1] 09/10/2015 08:55

Added to my short here. share price action talking for the future outcome of the company.Terrible chart.
Never been confident with the management here.

[jonwig] 09/10/2015 07:48

That's true, and the action will work only if the demand side is missing, or if supply is increased by panicking holders.

It's been going on for over a week with CSN, and some days it works, others not.

[silverfern] 09/10/2015 07:09

Disagree- plenty of bots functioning all over the market - take OPAY , 100s go through and price doesn't fall, Supply and demand I think is the reason

[jonwig] 08/10/2015 15:27

The share price is being attacked by trading bots: numerous small "AT" trades designed to cause the price to fall. This will work only if it persuades genuine holders to panic and sell.

The attack may have been caused by the likely overhang from the Henderson exit, and I suspect it's happened before. Similar stuff happened last week with another share I hold, Chesnara [CSN}. It was irrelevant, as it turned out. Attacks normally start in the last hour of trading, this is early.

Genuine buyers may find it hard to get a decent quote in the next hour, as MMs will retire for the day.