Lighthouse Share Discussion Threads

[nig295] 05/4/2007 18:45

Not sure how 27p can be historic resistance? Has it ever been near there in the last few years.

[papalpower] 05/4/2007 13:47

L2 3 v 2 @27.5/30 and all blue.

[papalpower] 05/4/2007 12:08

Breaking through 27p historic resitance is a good sign, hopefully it will now act as support if required, and we can move up through 30p.

[papalpower] 05/4/2007 11:20

Nice rise, and well done the IC, picking some better ones of late.

[gengulphus] 05/4/2007 11:18

Any author automatically has copyright on anything they write, whether or not they put a copyright notice on it! The copyright notice is basically just a way for the author to remind people that it is copyright and to point out that the author does care about the copyright.

Gengulphus

[cambium] 05/4/2007 10:58

IC have put a copyright on the article!

[nickcduk] 05/4/2007 10:50

You dont have to be a client to get the research. Here is a link to their research section.



Try and access some of their research and it should say that you need to register. The research is not meant for joe public because of regulatory issues so you need to register as an intermediate investor. They will then send you login details and you should be fine from then on.

[erwarsim] 05/4/2007 10:36

nickcduk

Do you have to be a client ? I've looked on their website but there doesnt seem to be anywhere to sign up.

[nickcduk] 05/4/2007 09:58

It has been tipped in the IC apparently. Ive not got a copy of it so can't add any more unfortunately. Slowly but sure rises will do me fine. Daniel Stewart may come in for a lot of criticism but they don't half put some excellent ideas my way. Over the last few months XPG (up 80%+), DMG (up 100%+) and LGT (up 20%+) have all been winners for me directly as a result of Daniel Stewart sending out early morning research and commentary on these companies. If any of you don't recieve email alerts you should sign up straight away.

[cambium] 05/4/2007 09:35

new high again,

[papalpower] 03/4/2007 01:37

Bounced off of the historic 27p resistance, which is not to be unexpected first time there, hopefully we can build some strength and make a break through 27p soon enough, once through it should be a very bullish sign.

[papalpower] 02/4/2007 09:51

Lovely start to the week !!

[nickcduk] 30/3/2007 13:55

Have either of you had a look at Goldshield (GSD). Its been heavily sold down on very low volume. They are currently in MBO talks. When they announced this the share price was 260p last November. Its fallen sharply to 170p or so now. Market cap is 63m and they have 17m in cash on the balance sheet. The company will make around 13m in earnings before tax and amortisation. If you strip the cash out that values them at 3.5 times pre tax profits. Its an absolute no brainer at current levels. I think we will get an MBO at 350p at least. Im buying in small parcels though because small seller still hasnt finished. I had a chat with a director yesterday and he re-assured me nothing behind the selling and that we will get an update on the MBO in a month or so.

[papalpower] 30/3/2007 13:48

DS target is 32p



28th March.

"Daniel Stewart says buy Aberdeen Asset Management , K3 Technology (184p target) and Lighthouse (LSE: LGT.L - news) (32p target) and hold London Scottish (125p target). "

[papalpower] 30/3/2007 13:43

An MM buy in there as well nick, that would say there is no overhang now.

[papalpower] 30/3/2007 13:41

Cambium, VLX is another good play, a good recovery play, along with potentially MLIN as well under the recovery banner.

At 30p LGT certainly will not be overvalued, thats for sure.

[nickcduk] 30/3/2007 13:19

There was a strange situation where the bid was 23.95p and the offer 24p. Looks like the overhang has cleared and some momentum is beginning to build. Its seriously undervalued compared to Sumus and the others in the sector. All we need is steady newsflow and we will hit 30p in no time.

[cambium] 30/3/2007 13:10

I agree, just bought another one of yours aswell pp, vlx.

We are starting to atract a following here now PP

[nig295] 30/3/2007 12:20

Why stop at 30p?

[papalpower] 30/3/2007 10:23

And theres is another wee tick up.......where are you Cambium, lets run the same routine daily, and stop when we get to 30p :) LOL

[papalpower] 29/3/2007 13:11

A wee tick up, not much volume though. L2 1 v 1

[papalpower] 28/3/2007 09:27

Also worth noting the Hardman write up, again, this was prior to yesterdays news that will boost cash in bank, profits and earnings :)





.

[papalpower] 28/3/2007 03:28

A bit from Derek Pain (this is prior the announcement today with LV, so given the news today will enhance cash, profits and earnings, some details in this 24th March media article are now incorrect) :






No Pain, No Gain: As Lorien sails by, Lighthouse makes headway
By Derek Pain
Published: 24 March 2007

".....................................................From the one that got away, to two that have been caught in the portfolio net. Access Intelligence remains one of my unhappier investments, but Lighthouse has made headway. Both announced improved figures last week that I felt were a shade disappointing.

Access, a software and computer-services group offering compliance and legislative services, produced a pre-tax profit of £246,000 against a £26,000 loss, with sales up 89 per cent at £3.8m. Lighthouse, a financial-services group, cut its loss from £504,000 to £214,000, with turnover 45 per cent higher at £47m. Access shares are around 7.125p (against my 9p buying price) and Lighthouse 21.75p (17.5p).

Neither company is short of cash. Access had more than £1m in the bank when it drew up its year-end accounts, and Lighthouse embraced £6.8m. I would not be surprised if they soon tried to strengthen their positions through acquisitions. Their respective cash piles - and borrowing potentials - should mean that they would not have to tap shareholders unless embarking on something like a reverse takeover. In the past, both have displayed a desire for the occasional predatory swoop.

Even without any deals, I would expect them to make further progress this year. Adjusted profits at Access should, believes the stockbroker Corporate Synergy, hit £900,000, which could imply, I think, a pre-tax figure approaching £500,000. I had expected Lighthouse to produce a pre-tax profit of around £1.5m, but it would appear that one of those enforced accountancy manoeuvres, which seem a perennial hazard these days, destroyed my hopes. The chairman David Hickey, describing the resultant charge as "optically irritating", points out that it had no influence on the group's cash position. The researcher Hardman & Co expects profits of £1.7m this year, and a dividend of 0.75p a share for 2008......................"