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LDG Logistics Development Group Plc

12.20
0.00 (0.00%)
20 Jun 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Logistics Development Group Plc LSE:LDG London Ordinary Share GB00BD8QVC95 ORD GBP0.01
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 12.20 12.00 12.40 12.20 12.20 12.20 21,817 07:43:23
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Management Consulting Svcs -9.54M -10.12M -0.0186 -6.56 66.31M
Logistics Development Group Plc is listed in the Management Consulting Svcs sector of the London Stock Exchange with ticker LDG. The last closing price for Logistics Development was 12.20p. Over the last year, Logistics Development shares have traded in a share price range of 9.60p to 14.90p.

Logistics Development currently has 543,510,036 shares in issue. The market capitalisation of Logistics Development is £66.31 million. Logistics Development has a price to earnings ratio (PE ratio) of -6.56.

Logistics Development Share Discussion Threads

Showing 626 to 650 of 800 messages
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older
DateSubjectAuthorDiscuss
04/8/2023
10:17
Fair points Zoolook, but I thought a 'target' to be more of a goal

"As previously announced, through the share purchases under the Share Buyback, the Company intends to implement a discount management policy, targeting a share price discount to net asset value ("NAV") per share of no more than 15% in normal market conditions."

This statement feels like the board wants to narrow the gap to 15% - some way to go!

briggs1209
04/8/2023
09:16
The biggest risk here as I see it is that DBay are able to take it over at a knockdown price. I guess because they are pretty shrewd value investors and going on what I know of their past history they simply won't pay top dollar for any company.
arthur_lame_stocks
04/8/2023
09:03
1. It’s not their goal - it’s their ceiling for purchases
2. No one is going to be able to take it over without DBAY’s co-operation
3. Very rough - 21p

zoolook
04/8/2023
08:12
60000 shares a day at an 8p discount only generates 5000 quid.

We don't seem any closer to their goal of a 15% discount to NAV

Not much to stop someone with deep pockets turning up and trying to get this company to be wound down.

Does anyone have a rough NAV for current investments?

briggs1209
01/8/2023
19:14
Alas, Reckon it's the 59748 buy
lpavlou
01/8/2023
17:27
Interested in seeing today`s buyback considering a 800,000 sale and a 365,000 buy/sale.
I`m getting tempted to buy more at this price.

tyranosaurus
27/7/2023
07:36
Purchases are getting smaller. They are in no rush.
lpavlou
26/7/2023
18:28
No shares bought today?
+eysenck
26/7/2023
12:43
Interesting post Kirmich, and as ever patience is required. So, just under 3% bought and cancelled so still a far chunk to do. They are purchasing up to 20% if my memory serves me right.
+eysenck
24/7/2023
21:06
If you are a long term holder, you love the way they approach the buyback. They are able to buy back a maximum amount of shares this way. Instead of pushing the price up and then falling back. I think it shows they are here for the long haul. They now have bought and retired 14.932.404 shares or 2,658% of the outstanding shares at the beginning of they buyback program.

As to their purchases, it is far too short a time period to evaluate how they will perform. The future will tell, but I give them the benefit of the doubt.Finsbury, SQLI, Trifast up, APH down but the numbers they released were all ok.

kirmich
22/7/2023
08:50
Buybacks reducing in size, which is surprising given the share price drop. Would have expected them to up then to 200/400k per day. Might be saving cash to support a potential Dbay acquisition
lpavlou
19/7/2023
15:30
LDG own 2.79 percent of Trifast
lpavlou
19/7/2023
13:39
Spooky.

Yes the share price of SQLI has certainly increased since Dec 22 (from about Euro 44 to Euro 49.4). LDG has an effective 9% interest in SQLI, since it's done through an 11.1% interest in Synsion Topco, which has ~81.3% interest in SQLI. That would be worth about EUR 20.5m (9% x SQLI mkt cap of EUR 228m) but there's also an unknown amount of debt in Synsion Topco. Again LDG just seem to be tag along investors with other DBay funds.

stemis
19/7/2023
12:48
I see the announcements for APH and FIF, so maybe those are not for LDG. I agree its very opaque - and a rather disappointing investment so far. I bought some APH last week, I think that is a better way to play this, though I also hold LDG currently.
dartron
19/7/2023
11:50
SteMiS - SQI are listed so you can follow that easily. Worked out very well so far.
spooky
19/7/2023
11:43
Thanks Dartron, I missed that, but how many are held by LDG. According to the RNS by Trifast, the 6.94% was bought by DBAY Advisors Limited as discretionary investment manager of DouglasBay Capital IV Fund LP, Fixtaia Limited and Logistics Development Group Plc. I see LDG didn't announce anything...

In a way this makes my point a bit. It's all a bit opaque and hard to know if LDG are just run by DBay as if the money is there to support DBay's strategy.

stemis
19/7/2023
11:38
Might be the start of the recovery!

Director Dealings

Alliance Pharma plc (AIM: APH), the international healthcare group , has been notified that Andrew Franklin, the Chief Financial Officer of the Company, purchased 50,988 ordinary shares of 1.0p each in the Company ("Ordinary Shares") at a price of 49.005 pence per share on 18(th) July 2023; and Richard Jones, a non-executive Director of the Company, purchased 53,000 Ordinary Shares at a price of 47.10 pence per share on 18(th) July 2023.

monet
19/7/2023
11:21
SteMis, they also have about 6.94% of Trifast. Last RNs increase was 10th May.
Doesn't change the figures much, but one to also note.

dartron
18/7/2023
22:55
Need to be patient. The share price was in high 12s when they announced the buyback. They have learnt from the last buyback that it's better to take your time and do it over a longer period rather than rush in as when it's finished the share price just drops back. I'm expecting Dbay to make an acquisition soon in one of its investments, which LDG will participate in.
lpavlou
18/7/2023
21:53
If 111539 is the total buyback for today (when there were more shares traded) it is a waste of time doing it.
How long will it take to buy back the maximum ? and will I still be alive by then ?

Sell everything and liquidate the company.

tyranosaurus
18/7/2023
21:08
The discount to NAV is a fair reflection of those comments SteMiS.

If the board cannot narrow the gap one way or another a wind up would be the best route for a realisation of a return.

A winding up would currently be good news to Esken

However, the buy back is gradually getting shares off the market.

briggs1209
18/7/2023
18:23
As far as I can seee Dbay's dabbling on the stock market has barely provided any value to LSR's shareholders. Unless I've missed something, they've invested in

Caretech - realised profit of £1.7m
Finsbury Food - bought 11,457,000 shares for £9.1m, now worth £10.9m, so up £1.8m
Alliance Pharma - bought 33,763,000 shares for £19.1m, now worth £15.9m, so down £3.2m

Overall up by £0.3m. Probably would have got more on deposit.

The only other thing they've done in two years is invest Euro 14.4m in a minority stake in Synsion TopCo, a private holding company of a group of companies formed by DBAY specifically to invest in SQLI S.A. for which we have little real visibility.

For this it's cost around £2m in admin costs since they sold their interest in Stobart. Hardly any wonder the share price is where it is...

stemis
18/7/2023
17:33
They'd be better winding it up.
stemis
18/7/2023
17:10
Buy back is proving a waste of money, I'd rather they paid a dividend
baddeal
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.
lpavlou
Chat Pages: 32  31  30  29  28  27  26  25  24  23  22  21  Older

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