Lighthouse Share Discussion Threads

[graham1ty] 26/2/2015 08:13

They seem to have grasped the nettle of overheads. The Board is overpaid and they needed to make cuts. £2.7m of savings.....and suprise suprise, it is now profitable. Well done at last. It has been a rocky and controversial road

[trader2] 26/2/2015 07:19

Initial read of the Results very encouraging. May this dog be on its way to a day.

[graham1ty] 11/12/2014 09:02

Blimey, trade above 5p !!! Heady days

[trader2] 11/12/2014 08:18

Great that we have some small signs of life! FinnCap appointed 13Nov14 - coverage note issued 3Dec14. Not bad I guess? Will I, one day, be happy that I left these in my dog drawer?

[graham1ty] 03/12/2014 17:09

Got it CWA

[cwa1] 03/12/2014 16:47

Received. Many thanks!

[graham1ty] 03/12/2014 16:27

Yes I do. What is yr email ?

[cwa1] 03/12/2014 12:35

Afternoon

Do you have an electronic copy of that note you could pass on? Would be grateful if you have, no worries if not!

[graham1ty] 03/12/2014 12:27

FinnCap have started coverage with a 24 page note and a target price of 11p. So, all that buying in last week was insiders knowing that a positive note was on it's way. Bit sickening if you sold 3m at 3.75p !!! Am sure FinnCap can explain !

[graham1ty] 20/11/2014 12:28

A further sign of life. A big 3m trade not reported as an RNS. And now a trade above 4p !!! Amazing

[cwa1] 31/10/2014 11:09

Blimey, the excitement :-)

[graham1ty] 31/10/2014 10:52

OMG a buyer....tiny amount, but a sign of life

[graham1ty] 22/9/2014 11:59

"meet expectations". Well they are for eps of 0.2p, so hardly demanding. 0.07p in the bag already. Cannot get my head around such small numbers. Anyhow, bonuses all round.

[trader2] 22/9/2014 07:58

EPS was 0.07p/share and a interim div of 0.06p/share! But the EPS would have been higher if the bonuses were lower!

[cwa1] 22/9/2014 07:43

A dividend?? Blimey....

Commenting on the results, Richard Last, Chairman of Lighthouse Group plc, said:

"The Board is pleased to announce a satisfactory performance in the six months to 30 June 2014. Higher average revenue production from advisers and a GBP1 million reduction in operating costs have resulted in an EBITDA of GBP436,000 and a pre-tax profit of GBP88,000, both achieved after expensing further investment costs of GBP0.6 million in our national LFA division. The Group is on schedule to meet market expectations for 2014 and the Board is pleased to announce a return to the dividend list and an interim dividend of 0.06 pence per share, payable on 31 October 2014. With a strong balance sheet and net cash balances of some GBP6 million the Group is well placed to take advantage of the strategic opportunities available in what remains a fast developing market."

[graham1ty] 22/9/2014 07:16

Profit £88,000. Bonuses paid in the last Annual Report....£90,000. Contempt for shareholders 100%

[graham1ty] 22/9/2014 06:42

Results this morning. Let us see if bonuses were deserved....

[graham1ty] 01/9/2014 14:45

Oh no, CWA they will be in a Board meeting deciding what bonuses to pay themselves for not making profits for shareholders.

[cwa1] 01/9/2014 09:31

It is always nice to see renewals but, as you say, what actual value will, or can they have? It would be even nicer for LGT to publish a trading update that is positive in terms of actual pounds, shillings and pence at some point.

[graham1ty] 01/9/2014 08:20

All these Union and affinity group tie ups and c3 years on, absolutely no idea how LGT can monetize them. All very well "winning" these deals, but no evidence yet that has any impact on business, yet alone profits. Has to be positive, but a lot or a weeny bit ? We do not know.....

[trader2] 23/7/2014 19:53

Down day with no trades on the LSE Trades List! Not aware if this is traded elsewhere - such as Plus? Anyone with L2 today spot what happened? Illiquid stocks grrrrr.

[graham1ty] 03/6/2014 07:28

Trader. Two years ago they said that the share price was too low, undervaluing LGT....at 6p. Since then the ex Chair has said they are worth 10p.

So, surely, any purchase below these levels would be a good investment, even if it did drive up the price a little.

However, one Exec director did say to me a while back "this represents a small investment for me" , meaning that he had much bigger interests elsewhere. No wonder they do not care about the valuation

[trader2] 02/6/2014 08:27

Good - of course that the Execs take a stake - but it needs to matter more proportionally to their remuneration. On your point of liquidity - may be that Directory buying raises the share price - which has been known to happen in most all other stocks! Bottom line is of course that I'm simply sore that I ever took a holding in LGT - or accepted my loss!

[graham1ty] 30/5/2014 20:14

Trader. I do not really mean to defend them....but it is pretty illiquid. As these are the first Executive purchases for five years...every little helps....and takes their combined interests to over £125,000 WOW. Compared to total remuneration of £966,000 last year.

I had been told one of th original affinity partners, or one of the LifeCos was a seller, which would be a meaningful amount....but the Board say there is no free stock.

[trader2] 30/5/2014 18:24

Why do the Directors purchase such tiny volumes of shares? Its all token gesture stuff - there is nothing meaningful in a Director on a seven figure salary picking up shares in a deal of under £1,000.