Lms Capital Share Chat (LMS)

Share Name	Share Symbol	Market	Type	Share ISIN	Share Description
Lms Capital	LSE:LMS	London	Ordinary Share	GB00B12MHD28	ORD 10P

	Price Change	% Change	Share Price	Bid Price	Offer Price	High Price	Low Price	Open Price	Shares Traded	Last Trade
	-1.625p	-3.49%	45.00p	45.00p	48.00p	45.00p	45.00p	45.00p	17,449	09:16:53

Industry Sector	Turnover (m)	Profit (m)	EPS - Basic	PE Ratio	Market Cap (m)
General Financial	0.0	-20.8	-20.6	-	36.33

Lms Capital Share Discussion Threads

Showing 1301 to 1322 of 1325 messages

Chat Pages: 53 52 51 50 49 48 47 46 45 44 43 42 Older

Date	Subject	Author	Discuss
06/9/2017 10:18	I am satisfied with my revised figures from TD - a little more than I expected. With regard to Skyship's comment, I too think that we shall now see a fallow period until portfolio valuations prove the worth of the new concept one way or another. This is now a small holding for me and it is tempting to remove clutter but I think the 37% discount will concentrate minds if it persists so I am going to put them on the back burner for now. MH	midherts	Read Full Thread Reply
06/9/2017 09:33	Looks as though the Directors have cleaned out the tap which has brought these back down to reasonable post-tender levels @ c46p. A retreat was surely a given without the support of future tenders; but the question is at what discount level should these now trade. At 46p they are on a c37% discount, certainly the highest in the sector, but no surprise there considering the patchy past. The new broom will turn matters around; but perhaps they still need to evidence very positive results before the shares will be afforded a less parsimonious rating; so perhaps settling into a 44p-50p range for the time-being.	skyship	Read Full Thread Reply
25/8/2017 13:35	I got 30% or so. May top up further as the price now falls. 41p was my original buy price and got about twice my original investment back. Not bad, but LMS have struggled a bit due to poor sector selection. Let's hope Gresham are better.	topvest	Read Full Thread Reply
23/8/2017 16:55	I'm with HL and still waiting to hear. Usually fairly quick. I too tendered for basic and excess.	budsman	Read Full Thread Reply
23/8/2017 16:32	I tendered more than the basic entitlement and got 31.66%. Happy with that. I'm with H Lansdown FWIW.	alter ego	Read Full Thread Reply
23/8/2017 16:27	@MidHerts Based on the numbers that TD gave me for the size of their total holding and shares tendered those who tendered in full should be getting around 32%. It's odd as TD got the last LMS tender right as far as I can remember.	keit4h	Read Full Thread Reply
23/8/2017 16:11	I too have complained to TD and am pressing the case. Anyone else involved please do so also. MH	midherts	Read Full Thread Reply
23/8/2017 13:32	@CWA1, who is your nominee? The incompetents at TD Direct have only taken 19.6% of my holding. I have complained!	keit4h	Read Full Thread Reply
21/8/2017 17:18	Well, got 30.5% tendered, bit better than the minimum. Ho hum.	cwa1	Read Full Thread Reply
15/8/2017 17:17	Being greedy and hoping for a bit more than that from those not tendering through their broker for whatever reason.	cwa1	Read Full Thread Reply
15/8/2017 16:53	Yes, as you say, it works out as a 29.4% return of capital for those who tendered their entire holding.16.29% + (15.65% x 0.8371)	swiftnick	Read Full Thread Reply
15/8/2017 15:15	Happy with 29.4%. Maybe a little bonus on top from those not tendering internally.	tiltonboy	Read Full Thread Reply
15/8/2017 09:20	RNS out.All valid tenders will be satisfied in full up to the Basic Entitlement, and, following application of the scale-back mechanism (as set out in the Circular), approximately 15.65% of the Ordinary Shares validly tendered in excess of the Basic Entitlement will also be satisfied.	swiftnick	Read Full Thread Reply
15/8/2017 08:48	So today's the day we hear the results of the tender offer. I'm predicting 2.15PM.....	cwa1	Read Full Thread Reply
28/7/2017 18:50	My strategy is to tender as much as possible. I've already more than covered off my 41p purchase price many years ago, albeit not a great return given no dividends. Plan to reinvest when and if it drops to 40p ish. Think the discount will open up after the tender offer.	topvest	Read Full Thread Reply
27/7/2017 18:32	CWA1 - well done - I made a bit of a hash of it this time around!!	skyship	Read Full Thread Reply
27/7/2017 09:18	Once the tender process is out of the way the company has stated that new investments will be in direct private equity opportunities at the smaller end of the market and alternative, specialist asset classes targeting long term, illiquid strategies, "leveraging the expertise, experience and network of the GHAM investment team in asset management, private equity and public markets".There aren't that many opportunities for private investors who want some exposure to private equity as part of a balanced portfolio and if the company is successful going forward the returns could be very good. However the size of the market cap will limit their ability to diversify and spread risk so one or two bad investment decisions could hit investors hard.So the question is, given this risk profile, what would be an appropriate discount to NAV going forward? We're on 27.5% or so at the moment - is this too high or too low?	swiftnick	Read Full Thread Reply
27/7/2017 08:52	LOL Sky, fortunately The Acolytes Of Skyship(TM) followed the master-but didn't do the selling bit :-)	cwa1	Read Full Thread Reply
27/7/2017 08:28	Hybrasil.....rather shame-faced as only bought back a few and decided too small a holding to worry about so took a very small turn BEFORE the jump in June! DOH!	skyship	Read Full Thread Reply
26/7/2017 10:27	Hi Pavey Ark, agreed.And actually, refining your NAV discount calculation to reflect the tender process puts the current NAV discount at around 27.5%.Say you bought 4000 shares at 57.75p, costing £2,310. Then tender all of them at 70p with a 25% acceptance. You would get 3,000 shares back together with a cheque for £700. Those 3000 shares will effectively have cost you £1,610 or 53.7p each which is a 27.5% discount to the NAV of 74p.Obviously a lot depends on your view of the Gresham House management and it must be remembered that a large proportion of the underlying holdings are illiquid. Nevertheless these still look cheap even after today's 10% rise.	swiftnick	Read Full Thread Reply
26/7/2017 09:28	Swiftnick, what it should show you,if you didn't know already, is that most PIs can't work a calculator or make individual decisions. The share price has just moved to where it should have been and still a very comfortable 23% discount to NAV.	pavey ark	Read Full Thread Reply
26/7/2017 09:15	Not complaining that the share price is up 10% this morning, but all that has happened is that they've announced what they said they were going to announce at a price that people were expecting.	swiftnick	Read Full Thread Reply

Chat Pages: 53 52 51 50 49 48 47 46 45 44 43 42 Older