The Naked Trader has topped up. Thinks it will be a takeover target. |
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? |
I'm holding for a bid and in any case strong growth here
Seems a no brainer.. |
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 |
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. |
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. |
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. |
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 |
Topped up early this morning - crazy not to after these results !😊 |
To the moon (hopefully) |
Good luck everyone for tomorrow. Here's hoping for a stellar update. |
LBG Q3 results, for the 9 months to 30 September 24, will be announced on 22 January 2025. |
Topped up again today. |
Yes
I wonder if it has been tipped somewhere? |
One of the few blues in a sea of red today ! 👍 |
Thanks Masurenguy |
You're welcome - I've been topping up on the recent price downdrift. |
Thanks Masurenguy, I'd missed that. I was going off what happened last year |
At the interims in September they stated "A further update on current trading will be provided at our full year results in January, alongside expanded proforma disclosures for the Annual Report and FY24 results presentation." |
Maybe a trading update on Friday 20th? |
Holding fairly steady given these jittery markets |
Good to see Slater Investments here |
She's one of the NEDs here and the CFO at Boohoo... good rebound in share price since |
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