Lighthouse Share Discussion Threads

[papalpower] 17/9/2007 08:21

Comment from DS on todays interims :

Lighthouse Group - BUY
Price: 26.75p Target price: 32p Code: LGT.L Analyst: Justin Bates | 0161 209 3287

Good Interims

Lighthouse reported a good set of results this morning with revenue +30% at £26.6m. Adj. PBT increased by 66% to £0.8m and EPS was +58% at 1.0p. No DPS has been declared.

Productivity - this key measure of performance showed a good improvement with turnover per adviser rising by 20% to £85k from £71k.

Funds Under Advice - new investment flows were +36% to £530m and total funds under advice grew to c.£5.6bn, +42%.

Quality of Earnings - recurring income made strong progress, +41% at £4.1m and now represents 15% of total revenues.

Outlook - The statement reports that trading is in-line with the boards expectations, and encouragingly a maiden DPS will be paid in 2008. The quantum of this will be decided in early 2008.Our one note of caution is that dependent upon your views re. the outlook for equity markets and therefore the prospects for investment products potentially losing appeal this might just temper growth.

Forecasts - For the time being we are maintaining our forecasts for 2007 for Adj. PBT of £2.7m, EPS of 2.4p, rising in 2008 to PBT of £3.1m and EPS of 2.6p. This leaves the stock on a PER of 11.3x, falling to 10.2x.

[applecore2] 29/8/2007 18:48

Any ideas why this dropped today with no news etc. Not that many sells either?

[dalmatians] 14/8/2007 19:31

Once we get near results in september hopefully lighthouse will start climbing up again

[cambium] 21/5/2007 11:19

I took mine out at 34, although am tempted to buy back in after todays news

[nickcduk] 21/5/2007 11:09

Looks like there is a large seller in LGT. Plenty of buy orders this morning have been met with a price fall. Suggests we have an overhang to clear. There was a large trade went through on Friday which may be part of it but it may take a few days before we get an RNS to confirm who has been selling.

[papalpower] 21/5/2007 07:07

Lighthouse Group PLC
21 May 2007
Lighthouse Group plc
('Lighthouse' or 'the Company')

Lighthouse to provide IFA services to CerTax

LighthouseCarrwood, a part of Lighthouse Group plc (AIM:LGT), one of the UK's
largest Independent Financial Adviser groups and pension scheme administrators,
announces today that, following a competitive selection process, it has been
chosen to provide financial advisory services to CerTax, the national
professional accountancy network.

CerTax is the major advisory franchise in the UK to be supported by a working
Chartered Certified Accountancy Practice, Bradshaw & Doody. Formed in 1999,
CerTax now consists of over 100 accountants that combine traditional accountancy
services with innovative business advisory and development services for sole
traders through to large limited companies.

LighthouseCarrwood is the Group's professional salaried adviser division and
consists of independent advisers, based within accountancy firms, providing
bespoke financial services to business owners and high-net-worth clients.

John Stevenson, Executive Director of Lighthouse, said: 'By formally introducing our qualified, fully independent advisers to their clients, CerTax will be able to substantially enhance their professional service offering, and will benefit from our strong nationwide coverage and comprehensive support structure.'

- Ends -

[papalpower] 15/5/2007 07:30

Lighthouse Group PLC
15 May 2007

Lighthouse Group plc
('Lighthouse' or 'the Company')

Lighthouse launches Commercial Lending Service

New offering available to 600 advisers throughout the Group

Lighthouse Group plc (AIM:LGT), one of the UK's largest Independent Financial
Adviser groups and pension scheme administrators, announces that the Company is
now able to provide a commercial lending service which is available for all
Lighthouse's advisers to offer their customers.

Commercial lending, whilst still very much a specialist market, is of growing
importance for IFAs. Historically, customers have gone almost exclusively to
their bank for commercial lending; however, the market is opening up and an
increasing number of people are using IFAs who can source lending from a number
of providers.

Lighthouse has agreements in place with preferred industry leaders in the
provision of commercial finance. This panel will consist of the Bank of
Scotland, NatWest, Lloyds TSB and Empire Direct. However, as with all of
Lighthouse's markets, advisers have free choice as to who they deal with,
providing it is the most appropriate product for the customer.

To advise competently on commercial lending, Lighthouse's advisers are required
to be a member of NACFB (National Association of Commercial Finance Brokers).
The Company is also encouraging its advisers to study for the Certificate in
Commercial Mortgages. For advisers currently without these qualifications,
Lighthouse has formed a referral agreement with specialist commercial Broker,
the Commercial Mortgage Desk.

Malcolm Streatfield, Chief Executive of Lighthouse, said: 'There is great
potential in the commercial lending market and this service will enable our
advisers to offer an even more comprehensive service to their customers.'



- Ends -

[papalpower] 09/5/2007 15:10

Well, its certainly on its breakout now !

[nickcduk] 09/5/2007 15:08

Outlook for LGT is very bullish. Standard life joined the long list of financials announcing large growth in new business. Sumus has moved back up sharply and is trading on 15 times forecast 2007 earnings verus around 11 times for LGT. Market is very short of stock with 50k on the bid and only 2.5k on the offer. Should be plenty more to come for LGT.

[cambium] 04/5/2007 13:16

another tick up

[papalpower] 04/5/2007 12:37

A couple of ticks up, looking for a breakout.......... ?

[shammytime] 14/4/2007 14:26

THE INDEPENDENT
Derek Pain:
* Lighthouse Group guides the course to more profits - Private & Commercial Finance has put the bad old days behind it

[papalpower] 13/4/2007 08:21

Nice news :)

[shammytime] 13/4/2007 07:59

LONDON (Thomson Financial) - Lighthouse Group PLC said its City Trustees
division has received authorisation from the Financial Services Authority (FSA)
to establish and operate personal pension schemes.

[shammytime] 13/4/2007 07:56

Wonderful news this morning. Should see share price motor past 30p today.

[papalpower] 12/4/2007 00:36

Well, some profit taking is to be expected after such a strong run upwards.

[ditchbert] 11/4/2007 16:49

Not so nice.

[papalpower] 10/4/2007 09:27

Very nice :)

[papalpower] 10/4/2007 09:18

L2 is all blue.

Now 4 v 1 @29/31.5

[papalpower] 07/4/2007 05:19

Yes, a nice write up there.