Lavendon Share Discussion Threads

[qs99] 10/11/2016 15:29

ah yes, ta. 15th November...

[gleach23] 10/11/2016 15:27

QS99...no "let's see" about it...they told us the date in the half year results

[qs99] 10/11/2016 15:08

trading update due out next week no based on last year's dates....let's see....but nice to see a move above £1.30 again!

[dahhad] 02/11/2016 16:45

Need clarity on debtors and some volume before we get (hopefully) the increase that the company merits IMHO

[gleach23] 02/11/2016 16:13

Q3 update a week on Tues - 15th Nov

[qs99] 02/11/2016 13:40

let's hope so!

[spud] 02/11/2016 13:34

Value always wins out in the end, even despite the best efforts of some companies to disguise it through lacklustre and amateur PR depts....

It just takes a little longer!

spud

[qs99] 02/11/2016 09:05

board need to sort their IR out. Despite progress, they don't seem to generate any real traction IMO.....ripe for someone else coming in and having a go IMO at these levels, assuming no issues about to come out!

[tini5] 01/11/2016 15:12

No spare cash but would be buying at this level if I had any.

[heliweli] 01/11/2016 14:50

Should bounce off 120.

[tini5] 27/10/2016 11:36

Spread is very off-putting.

[dahhad] 27/10/2016 10:51

If the possible bad debt issue was resolved satisfactorily, surely the share must be rerated!! I think the next statement needs to clarify the position better than has been done to date.

[qs99] 25/10/2016 16:24

indeed. these punters either are very useless and/or their IR team cannot just get the story across to the city. Year later and we are still at same price.....but RNS statements seem to point to a better future yet IMO the city are not (as yet) buying into it, hence the stagnant share price....hopefully someone else will come in and put us out of our misery!

[dahhad] 20/10/2016 11:55

Stand by to be surprised Spud!

[spud] 14/10/2016 19:05

Definitely looking more loved. I'd be surprised if we don't get over 140p next week. spud

[sell it high] 14/10/2016 17:33

Softly, softly, catchee monkey.
Feels like it's been quite resilient in a tricky overall market. Maybe next week if the market doesn't meltdown.

[qs99] 14/10/2016 14:03

will this ever get above £1.40....?! frustrating!

[rhomboid] 11/10/2016 10:20

Thx mike
I'd already seen that, what I was referring to is exposure to this kind of situation;



100 days then paid is tolerable but a large unprovided for bad debt is not

[mikepompeyfan] 11/10/2016 09:59

"The Group's absorption of working capital in the first half of circa £5 million was consistent with recent years, despite the strong revenue growth of 13% reported in the period and the well-publicised liquidity issues within the Middle East. The working capital pressure within the Middle East region remains primarily within our Saudi Arabian business, however its impact continues to be mitigated by the better working capital metrics seen in our other markets in the region that are driving our current revenue growth. As previously reported, our investment in the Middle East region for 2016 has been moderated compared to previous years and, as a consequence, we expect to increase the level of free cash flow generated by the region this year. We will continue to control the level of capital allocated to the Middle East region until the liquidity pressures show signs of easing".

Half Year Results 2016
RNS Number : 1901I
Lavendon Group PLC
26 August 2016

[rhomboid] 11/10/2016 08:50

Has anyone got any further on clarification of the Saudi debtor issue?
Thx

[spud] 11/10/2016 07:56

Five investment analysts have rated the stock with a buy rating, The company has a consensus rating of "Buy" and a consensus target price of GBX 226.50 ($2.96).spud

[rivaldo] 11/10/2016 07:34

Peel Hunt reiterate their Buy and 275p target:

[rivaldo] 10/10/2016 15:19

"Middle East benefits from Rapid app
10 Oct 2016

Rapid Access has launched the first mobile app for aerial work platforms in the Middle East region.

Rapid Access, part of the UK-based Lavendon Group, operates a fleet of 4000 machines from nine depots in all six GCC countries.

Designed with the sleek and unique features of the website launched last year, says the company, the app is being launched in six versions, one for each country.

Alexis Potter, sales and marketing director of Rapid Access, said the app supports the region’s developing health and safety culture and the subsequent growing demand for aerial work platforms.

“Our app features a unique platform selector which in four easy steps helps users to select the right aerial work platform for their application. It also provides a range of information on our bespoke health and safety innovations, training courses, and our depots across the region.”

Mr Potter added, “Our customers require on demand access to our services and often have to work on the move and within challenging deadlines. We believe this app will improve connectivity between Rapid and our customer base and in doing so improve their ability to deliver safe working at height solutions”."

[zho] 06/10/2016 14:47

Comment from Paul Scott about 11.5 minutes in at

[qs99] 06/10/2016 14:21

and if May is with Hammond as papers suggest, talking more about UK infrastructure spending and house building etc, then IMO this should benefit SDY and LVD DYOR