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Share Name Share Symbol Market Type Share ISIN Share Description
Lms Capital Plc 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
  0.00 0.0% 32.80 31.60 34.00 0.00 0.00 - 0.00 16:28:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Financial 0.0 -4.5 -5.5 - 26

Lms Capital Share Discussion Threads

Showing 1376 to 1400 of 1450 messages
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
DateSubjectAuthorDiscuss
06/11/2019
09:08
thanks for flagging this up SKYSHIP. my holding is in a nominee account. Do you know what mechanism there is for me to be able vote?
alter ego
05/11/2019
18:14
If anyone out there still holds; you have to vote for the Board - DO NOT abstain, otherwise the useless Robert Rayne will inherit again! ====================================================== Action to be taken by shareholders: The General Meeting will be held at 10 Snow Hill London EC1A 2AL at 10.00 a.m. on 28 November 2019 to approve the Resolution described in the Circular. The Resolution will be proposed as an ordinary resolution; this means that more than half of the votes cast must be in favour for the resolution to be passed.
skyship
27/9/2019
09:37
It's difficult standing on the outside to unravel exactly what's going on with the power play here but I just don't see how Gresham House can manage this fund effectively with an investor who is not in alignment with the Board. Robbie Rayne still sits on the investment committee unless things have changed recently and it's clear he thinks he can do better than Gresham House (or anyone else for that matter). Best solution would be for the Board to use all the cash to make Robbie an offer for his shares at say 45-50p and move on. Of course then the fund goes sub-scale and would have to be merged with something else. I suspect Robbie's family tax position would get in the way of the buyout, negating this as a proposition anyway. Sadly I have done alot of work researching this share but it's resigned to the uninvestable pile until something more clear crystallises with Robbie Rayne's situation.
cc2014
27/9/2019
08:59
I said "we"....actually I no longer hold; but follow and will rejoin at some stage.
skyship
27/9/2019
08:58
They should have inserted a clause stating if he loses then LMS will buyback his shares at 55p! He would never accept of course; but he really is a boil to be lanced before we can move on...
skyship
27/9/2019
08:37
I see Robbie Rayne wants to rearrange the deck chairs on the Titanic yet again.
igbertsponk
28/8/2019
09:55
Somebody paid 58.5p for 3903 shares. Didnt really test the market. Showing 55-57p now.
tiltonboy
28/8/2019
09:19
Bit of a spike - anyone any ideas?
value hound
15/8/2019
14:38
ST write-up/revisit in IC online...
skyship
14/8/2019
07:13
Entuity sale completes and NAV raised by 3p to 76.3p, of which 33.4p in CASH.
skyship
14/8/2019
07:11
Completion of the sale of the Company's investment in Entuity In the announcement on 2 August 2019, of its results for the six months to 30 June 2019, the Company reported that contracts had been exchanged in late July 2019 for the sale of its investment in Entuity, with completion due on or before 30 September 2019. The Company is pleased to confirm that completion of the sale took place on 13 August 2019. After allowing for estimated transaction costs and payments due under legacy incentive schemes, net cash proceeds to be received by the Company will be approximately GBP10.5 million, an increase of GBP2.4 million over the net proceeds recognised at 30 June 2019 with a corresponding increase in net asset value. This reflects the sale not only of all the Company's shares, but also the repayment of all working capital loans. Graham Bird, Gresham House Asset Management, commented: "We are delighted on the realisation of Entuity which has been a complex transaction, but very successful from an LMS shareholder value perspective. This leaves the Company with a strong balance sheet from which to progress to the next stage of its journey as an attractive specialist private equity vehicle."
cwa1
02/8/2019
14:15
Suspect Robert Rayne would not have sanctioned the sale! Use some of the cash to take a hit out on the guy 😜
skyship
02/8/2019
14:11
Weatherford worthless shows the gross dereliction of duties of the manager.
tiltonboy
02/8/2019
13:52
NAV reduced again - down to 73.3p. However, will hold and hope that the current Review might hold some joy.
skyship
26/7/2019
20:43
I met Gresham recently, and frustrated does not fully describe their feelings
tiltonboy
26/7/2019
20:41
The easier option was to merge this with Gresham House Strategic, but that seems to have fallen away. Robert Rayne seems keen to do something else with LMS I think and Gresham House obviously hasn't delivered or been given the remit to deliver.
topvest
26/7/2019
16:07
I asked the question earlier of FinnCap, and they are none the wiser.
tiltonboy
26/7/2019
15:40
Anyone got any idea what this may mean? We all just want to be rid of Robert Rayne and his beneficial shareholding. Is this going to go some way to providing that cherished wish? Don't see how; but speaking in riddles may hide a solution: --------------------------------------------------------------- 26 July 2019 LMS CAPITAL PLC Review of investment management arrangements Ahead of the third anniversary of the appointment of the incumbent manager, Gresham House Asset Management Limited, the Board of LMS Capital plc announces that it is has commenced a process to review its investment management arrangements. The Board has taken this action to ensure that the ongoing interests of all shareholders are actively considered. A number of written proposals have been received and a select number of parties, including the incumbent manager, will be interviewed shortly. The Board will report to shareholders, in due course, the outcome of the process. The Company expects to release its interim results to 30 June 2019 by the end of next week and those results will include an update on the Company's portfolio.
skyship
07/6/2019
17:21
Pretty bizarre trades today, all not amounting to more than a hill of beans, but interesting. Also helped them firm up to 52p bid...
skyship
28/5/2019
15:08
ST made another big write-up on GHE today. He mentions LMS in the body of the text: "Gresham House also deploys similar investment techniques to the £59.6m (73.8p a share) portfolio it manages for investment company LMS Capital (LMS: 50p), a company I am also positive on, having suggested buying LMS’s shares in my April small-cap report for our Alpha subscribers. The investment risk is heavily skewed to the upside, given that Gresham House’s investment managers are in the process of realising significant disposals from LMS’s legacy private equity portfolio with a view to recycling the cash into new private equity investments. The addition of the Livingbridge venture capital team to Gresham House has opened up new private equity investment opportunities to exploit, so expect news on this front in the near future. LMS’s shares are trading 30 per cent below NAV of £59.6m (73.8p a share), even though cash and quoted investments (£24.7m) accounts for 60 per cent of LMS’s market capitalisation of £40.7m. Effectively, LMS’s private equity portfolio is priced in at 55 per cent below carrying value, a ludicrously cheap valuation."
skyship
23/5/2019
13:05
I've long considered it a "VALUE HOLD". With a 30% discount. Plenty of cash for investment. Prospect of more historical holdings to be sold soon. The most positive development for me has been the appointment of Gresham House as managers. I'm a big fan of Gresham House and hold GHE, GHEW and now GRID
pavey ark
21/5/2019
14:20
Regarding the last update - with the $ up 2.3% since end April and GHE up 8%, the NAV here is likely by now to be back up to c76p. No great shakes perhaps, but further reason to view it as a VALUE HOLD, whilst waiting upon developments...
skyship
10/5/2019
12:35
I sold up a couple of weeks ago on the same basis. Would rather concentrate in best ideas and want to get down to 15 holdings
brileyloucan
10/5/2019
10:13
CWA, Likewise, but likely to hold for another year or so. Would add if Robbie disappeared.
tiltonboy
10/5/2019
10:09
Like Sky, I only hold a few-so not really a big concern either way but wondering what current "groupthink" is regarding these? I'm not sure whether to just sell it up as it is so relatively small-to concentrate on other things-or if I should just hold on and hope that some value is released at some point. Any comments welcomed.
cwa1
Chat Pages: 58  57  56  55  54  53  52  51  50  49  48  47  Older
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