Lbg Media Share Discussion Threads

[hopeful holder] 18/2/2025 10:33:05

The reason for only an outside chance is the fact the one Director has a huge controlling share so a takeover can only be done with his blessing, as opposed to mounting a takeover by buying shares on the open market.

[hopeful holder] 18/2/2025 10:31:16

I bought these a while ago before selling at a small profit. I've bought back in again as the optics look quite positive without being over egged.I see a potential for reasonable growth here with an outside chance of this being taken over.

[rimau1] 18/2/2025 07:51:50

More director buys today. CEO 22k@112Good upside at these levels IMO, should be throwing off plenty of FCL this year to reinvest

[masurenguy] 17/2/2025 07:04:23

LBG Media announces that Dave Wilson, Executive Chair, has purchased 45,192 ordinary shares at a price of 110.3p. Following this purchase, Dave Wilson is beneficially interested in 907,759 Shares, representing 0.4% of the issued share capital of the Company.

[rimau1] 14/2/2025 12:58:23

Yes good spot. Very happy with my 104 purchase on the CFO leaving, expect a gradual recovery over the coming weeks

[masurenguy] 14/2/2025 12:54:22

I note that an NXD also took advantage of yesterdays shareprice drop to top up their holding by 48,844 shares (+6.2%) by investing a further £50K @106.5p.

[masurenguy] 13/2/2025 14:14:32

The departure of the CFO is certainly not indicative of any company problem. The possibility of his departure has existed since it was announced with the FY results last month that he was taking some time off "due to personal reasons, the Company's Chief Financial Officer, Richard Jarvis, is currently taking some time away from the business" and that Chairman Dave Wilson would "move into an executive Chair role, with particular responsibility for the finance and legal teams. My career included 14 years as COO, CFO & Deputy CEO at GB Group plc, before I retired in June 2021." Such a move suggested that the "personal reasons" were significant and that they may result in his subsequent departure which has now been confirmed. He was also publicly thanked by the Board for his contribution which would not be normal if there was any commercial issue or problem involved.

The market, however, is easily spooked so I took the opportunity to top up today.

[rimau1] 13/2/2025 12:44:21

Most likely family / illness because he was already on a leave of absence. Call it an educated guess but i have bought some on the dip

[texaspete2] 13/2/2025 12:35:56

CFO is thanked at least, you don't often see this if they have left the business in a mess. Not long tenure in the role, just shy of 2 years

[ricky46] 13/2/2025 12:14:23

This is a bit ott

[gswredland] 13/2/2025 09:45:02

Was planned I think

[starpukka] 13/2/2025 09:28:17

Director leaving without reason spooked the market ?

[masurenguy] 06/2/2025 08:24:16

The shareprice has just drifted down by circa 10% over the past month despite the excellent set of results for last year announced just a couple of weeks ago !

[gswredland] 25/1/2025 11:25:58

NT very keen on these and interesting to hear Paul Scott on vox markets talking about LBG. He previously was not a major fan but his co writer just employed by him is keen and rates the shares green

[spwh100] 23/1/2025 19:02:11

Let’s hope so!

[stewpot3] 23/1/2025 16:22:08

The Naked Trader has topped up. Thinks it will be a takeover target.

[spwh100] 23/1/2025 11:23:59

No idea, I thought the results were good with a good outlook for the coming year. Maybe it’s the issue of moving the year end making it difficult to compare like for like and a lack of broker forecasts?

[gswredland] 22/1/2025 12:19:04

I'm holding for a bid and in any case strong growth here
Seems a no brainer..

[ricky46] 22/1/2025 10:27:57

These must be a candidate for being bought out by some American company, I'm sure if these were American and listed on the nasdaq they would be valued at a quite a few billion

[masurenguy] 22/1/2025 09:35:53

LBG Media has hailed 2024 as a 'transformational year', with the digital entertainment group reporting forecast-beating preliminary results. Strong momentum from its US expansion and diversified revenue base supported management's confidence in achieving a 10% top-line growth, as the business targets £200 million in annual turnover. The company, which targets young adults, reported total revenues of £86.2 million for the period to September 30, a 22% year-on-year increase.

[masurenguy] 22/1/2025 08:50:42

Exactly right metis20. I don't think that many people realize that changing their fiscal year dates means that Q4 will now be the Oct - Dec quarter of the calendar year, which is their seasonally strongest quarter. Consequently the current 9 month performance is compared with last years 12 month result, which just indicates that the current FY results should be very positive.

[metis20] 22/1/2025 08:40:18

Is it the usual sell on news? If so share price should move up quite soon.

Surely it is not that FY24 is for 9 months whereas FY23 is for 12 months and being side by side in the results table has led some to misunderstand??

Quite a lot of AT selling.

[spwh100] 22/1/2025 08:25:34

Agreed Masurenguy, just don’t understand the reaction to the results, I read nothing but positive news in them which bodes well for the future

[masurenguy] 22/1/2025 08:21:01

Topped up early this morning - crazy not to after these results !😊