Logistics Development Share Discussion Threads

[baddeal] 18/7/2023 17:10

Buy back is proving a waste of money, I'd rather they paid a dividend

[lpavlou] 14/7/2023 20:21

Driving the price down and buying back shares increases the NAV for the remaining shareholders. How we to take advantage they need to be buying back 400k shares a day not 100k. APH is having a tough time, but now ripe for Dbay to have a go.

[tyranosaurus] 14/7/2023 17:05

I would like to see them buy higher amounts, maybe 140,000 or more while price is this low.
Another week another drop in APH.

[kalkulacka] 14/7/2023 09:34

Doing a great job driving the price down?
I would rather see the price driving up.

[lpavlou] 13/7/2023 18:17

Doing a great job driving the price down. Hopefully they can take advantage and increase the number so shares they are buying. They are taking a hit on APH but doing well in FF and TRI

[lpavlou] 08/7/2023 14:58

Nothing wrong with mopping excess shares even if the share price drifts lower as it benefits all shareholders with increased NAV and puts more pressure on Esken

[lpavlou] 06/7/2023 23:28

Still mopping up and not bidding for stock. Good for long term shareholders. APH stake is now losing money

[lpavlou] 22/6/2023 21:21

To me it's a conscious decision to mop up shares rather than chase them. They are happy paying 15p and won't chase it higher. Wouldn't surprise me if they are working on taking out APH. They might be able to get it for 70p now

[tyranosaurus] 22/6/2023 14:17

If someone else bought that 4m shares then why can`t LDG buy back larger amounts ?
APH is sinking like a stone but LDG don`t seem interested in buying more.

[lpavlou] 21/6/2023 20:48

Shame but for a minute I thought they had bought back 4m shares but reckon they are the 122k trade. Good to see someone else is mopping up shares too

[lpavlou] 15/6/2023 21:48

Agree they are playing games with Esken. I'm also surprised they haven't increased their stake in APH given the recent drop in their share price This is the only investment where they are currently under water

[baddeal] 15/6/2023 17:57

It's pretty simple. If you want more for your shares don't sell them back to the company..

[briggs1209] 15/6/2023 17:57

Playing wait and see, let's see if ESKN will sell at 15p - they look like they need the cash.

[lpavlou] 15/6/2023 17:23

Bought even less today

[lpavlou] 15/6/2023 07:32

New strategy at play. Only mopping up instead of bidding for the stock

[lpavlou] 14/6/2023 08:27

First time in a while they haven't been able to get 400k shares. Looks like they weren't prepared to pay more than 15.1p yesterday

[lpavlou] 05/6/2023 16:58

500000 and 400000 shares purchase at 15.1p. Have they bought 900k today or is someone else buying too.

[lpavlou] 01/6/2023 20:32

Plenty of sellers out there but agree if they want to buy around 15p then try will have to stick to 500k daily. I still expect them to buy up Eskens stake but they are probably waiting for 17p

[tyranosaurus] 31/5/2023 10:27

You will need a good supply of sellers to do that.

[lpavlou] 30/5/2023 21:43

Hope they increase the buyback to 1m shares per day now the price is below 15p

[lpavlou] 27/5/2023 08:40

6.8m shares bought back so far 105.5m to go. They have upped the purchases to 400k per day and expect them to keep upping it during the summer

[lpavlou] 19/5/2023 16:38

Looks like they are moving up to 500000 purchases now

[lpavlou] 16/5/2023 21:54

They are in no rush. They want to keep the share price at this level as each share purchase is accretive to the NAV. If the buyback finished tomorrow we would be back to 13p. Difference this year is that the cash has been invested in a few stocks, whereas last year the NAV was virtually all cash