Lavendon Share Discussion Threads

[dahhad] 19/11/2016 09:43

and so we go up and down again! Patience is certainly required for this one but hopefully it will pay off though I'm not sure what it will take to get the rerating that I think is merited by performance! This time next year ....!

[brucie5] 17/11/2016 19:49

I know this one of old, and have been in and out over many years. The chart is interesting now, so after some sitting on the fence, have decided to take the plunge this morning. I also like the fact that Paul Scott is a follower.

Briefly, double bottom at 1.10 suggests the base; share price over the 200sma; and now third attempt at crossing the 1.40, which is current resistance. If we can achieve 1.50, then next target for me would be 2.10.

Well, that's what I see. FWIW, NAI.

[rivaldo] 16/11/2016 11:29

Apparently Peel Hunt have increased their forecast for this year by 3% to 19.1p EPS.

[qs99] 16/11/2016 09:12

some blue this am....let's hope LVD can convince market of its merits...

[qs99] 15/11/2016 14:30

thanks zho, he seems to like it, I agree, holding and have topped up....happy if it gets half way to the brokers TP!

[jeffian] 15/11/2016 11:13

dahhad,

I always make it a Golden Rule to go to the source - the company report and accounts - rather than rely on any website précis. In this case, the website has used the statutory reported earnings per share of 4.91p which included over £20m of 'exceptional' non-cash write-down of the goodwill associated with the German and Belgian businesses. With that stripped out (and one hopes they don't do that every year!) the underlying eps was £17.95p.

[sell it high] 15/11/2016 11:07

Did anyone listen to the analyst call? I can't see a link to the replay on their website just yet. It will be interesting to see if the Saudi debtor days has improved.

[dahhad] 15/11/2016 11:00

AdamB1978, excuse my ignorance but, as a matter of interest, how did you get a PE of 7? The PE ratio shown above under the graph is 27.5. Thanks

[rivaldo] 15/11/2016 08:53

A good update. "Strong revenue growth", good fleet utilisation, and core trading is fine. Plus currency movements will continue to benefit LVD for this Q4 and likely through 2017.

With Germany turning positive, Europe should join the UK and Middle East in growing nicely.

Peel Hunt continue with their Buy and 275p price target:

[dahhad] 15/11/2016 08:28

Encouraging! Hopefully the share price will start to reflect the constant good performance of this company and not focus on the increase in net debt.

[adamb1978] 15/11/2016 08:11

PE of 7.0x and yield of 4.4%

[pj0077] 15/11/2016 07:32

Slowdown in the rate of growth outside the UKWeaker £ the reason behind 'marginally ahead of expectations'

[heliweli] 15/11/2016 07:20

Ahead of expectations.

[qs99] 15/11/2016 07:18

indeed spud...decent update IMO...

[spud] 15/11/2016 07:17

Happy with Q3 update showing continuing growth allied to a marginal exceeding of FY expectations.spud

[dahhad] 11/11/2016 09:13

Hopefully this will be referred to in results next week!

[tini5] 11/11/2016 09:10

So that's how it's done lol Thanks Melton. Have been continually frustrated at the hxxp whenever I've posted an article link.

[melton john] 11/11/2016 07:45

If you use Http with capital H it will work.

[rob546] 11/11/2016 07:06

It seems to change the h t t p To h x x p.

[rob546] 11/11/2016 06:50

Sorry, correct link below:

hxxp://sustg.com/ceda-cancels-267-billion-in-projects/