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LMS Lms Capital Plc

18.05
-0.30 (-1.63%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Lms Capital Plc LMS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
-0.30 -1.63% 18.05 16:35:23
Open Price Low Price High Price Close Price Previous Close
17.50 17.50 17.50 18.05 18.35
more quote information »
Industry Sector
GENERAL FINANCIAL

Lms Capital LMS Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
01/08/2023InterimGBP0.00310/08/202311/08/202312/09/2023
20/03/2023FinalGBP0.0062525/05/202326/05/202323/06/2023
02/08/2022InterimGBP0.00311/08/202212/08/202212/09/2022
10/03/2022FinalGBP0.0062526/05/202227/05/202223/06/2022
03/08/2021InterimGBP0.00312/08/202113/08/202115/09/2021
12/03/2021FinalGBP0.00620/05/202121/05/202118/06/2021
04/08/2020InterimGBP0.00313/08/202014/08/202011/09/2020
29/11/2019SpecialGBP0.042519/12/201920/12/201915/01/2020

Top Dividend Posts

Top Posts
Posted at 21/1/2024 23:53 by hugepants
Yep some activity and I missed the Medhost sale at end of last month for $8.6M, booking a $1.6M profit.
Posted at 19/5/2023 11:43 by hugepants
0.625p dividend announced yesterday. Goes ex on 26/05
Posted at 28/4/2023 08:35 by hugepants
Q1 update


NAV 57.2p
Cash 21.6p
Net cash 19.2p

US company MedHost valuation up (its about 11% of the NAV)
Brockton Capital (property) also up (13% of NAV).
Opus Capital Venture Partners down (11% of NAV).

I note the real estate teams (plural lol) are still looking for a property to invest in. One of these years they'll find something. They could just have invested in a basket of reits or any number of public property companies but that would have been too obvious.
Posted at 08/2/2023 12:52 by hugepants
Not much happening here. NAV of 57.7p at end Dec
Posted at 02/8/2022 10:36 by skyship
NAV down 4.2% for H1'22, in spite of the £2.6m currency gain due to the strong $.

Running costs of £0.9m. Spending money is all Robert Rayne is any good at.

The legacy portfolio from Robert Rayne's management 15-20yrs ago still a weight around the LMS neck. He talks of selling all in 1-3yrs - hell, they've been trying to sell all positions since Gresham took over 12 years ago!
Posted at 02/8/2022 08:47 by hugepants
Interims out this morning.


NAV down to 58.2p, about 7%, since the final results. Probably to be expected given the general market conditions
Yield is actually 3% (just testing).
Posted at 27/4/2022 11:22 by hugepants
Q1 update.


NAV up to 62.3p (from 60.8p
Posted at 10/3/2022 07:51 by arthur_lame_stocks
Results are out today, NAV has gone up and so has the dividend. That Dacian investment may prove to be a good one given world events but i'm less happy they're going to invest in property. I think with a squeezed consumer and rising interest rates the property market is finally due to cool (I thought that 20 years ago so what do I know).
Posted at 31/1/2022 10:29 by hugepants
NAV up to 60.8p (from 58.4p at end of Q3)
Posted at 14/4/2021 22:52 by magic
Had a look through the Annual Report, April 9th.
Not that familiar with this company, the items that struck me were:

- commitment to future 1.5% div payout

- the Romanian investment would result in annual 14% payments to LMS, was it 5 or 10 years, I cant remember
This looks like a kind of preference bond investment.
Must be with voting rights.
The investment is funded by LMS and also individual Directors for a 50% investment with a local partner.

Thoughts
A 14% return is very high and would be associated with a high risk venture.
If this investment was so good, why would Romanian banks not invest for instance?

My personal feeling is that oil prices will continue to stay high for some years.
Techniques to maximise reducing wells are well developed.

I also have a small investment in tiny Evolution Petroleum in the USA, which is a secondary recovery company, having passed a traumatic period.


This is high risk business, as the Romanian co it looks like would only be £20m cap. IMO only a small % of all investments should be in this.


- other item was that LMS has escrowed its capital since Septemeber 2020.
If co is successfully set up, LMS will receive £100k per month from Sep 20.
Must be in the contract. So £300k potentially is not in the accounts and the further months payments as part of the 14% payments would be in 2021.


So its still all about the final agreement, which LMS is positive about.
But they would be I guess.

If the Romanian adventure doesnt pass, the cash woyuld go back to LMS.


Would be interested in any other views.
I dont have any good insights into their other investments, which seem to be up and down.

Hopefully the valuation is so low, that the downside risk seems smaller than the upside possibilities. Here's hoping.

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