Logistics Development Share Discussion Threads

[briggs1209] 15/5/2024 03:40

they bought all those shares from 15p all the way down to 12p. Now they sit on their hands.

[lpavlou] 14/5/2024 17:51

They have sold 760000 shares in TMG this afternoon. Looks like they are not hanging around for the actual bid or reinvesting in the bidco.

[briggs1209] 14/5/2024 10:08

There goes 10p.

Without any info on FIF and without results of APH we could free-fall down.

There does not seem to be any buying interest.

[lpavlou] 14/5/2024 08:20

The current loss on APH is worth 2.5p of NAV and assuming all the other stakes are flat, we still should have a NAV of at least 17p. Without the buybacks we could drift lower to sub 10p, with the only catalyst to drive the share price being the company performance. I still favour Dbay having a go and taking out APH once the results are out.

[briggs1209] 14/5/2024 07:31

How low will we go?

[lpavlou] 13/5/2024 09:07

Should make a decent return on TMG now they are in play but small beer compared to their stake in APH

[lpavlou] 10/5/2024 18:56

Need to have acquired another 24m APH shares to get to 15% for an RNS

[lpavlou] 10/5/2024 15:57

APH price is back at 35p having fallen to 25p and LDG is down 10% in the process

[value hound] 10/5/2024 09:40

Yes, all a bit bizarre really re APH in particular. I bought in like others for the obvious discount / value focus etc etc., but given DBay's stated goal is "to provide our investors with superior risk-adjusted returns while prioritising preservation of capital by focussing on investments with a high margin of safety" APH was a strange choice.

This is all easy in hindsight, of course, and I know nothing detailed about APH and I'm sure there was a case to be made, and hopefully there still is, but even now after it lost over half its value in 12 months, it still doesn't come anywhere close to being any kind of value share IMO; v disappointing.

I haven't sold any, and will let things play out, but I don't feel tempted to average down either (currently 17% down overall having averaged down once).

[lpavlou] 10/5/2024 09:00

Buyback ended without acquiring Eskens stake. Have they been buying more APHWill be interesting to see what happens to the Sp without the buyback

[lpavlou] 08/5/2024 20:42

They own 56.7m shares in APH at a cost of 59p. Currently losing 17m. Time to go big or go home. Let's see if they bought any today.

[uhound] 08/5/2024 15:51

Anyone have any thought on this stock?

Big fall today, probably because of APH news of further delay to results and the shares have gone nowhere.

Buy backs not been good for the share price

[briggs1209] 08/5/2024 15:00

I reduced and only got 11p. APH looks messy.

[davidosh] 08/5/2024 12:16

I have bailed out here having bought about 40% higher so a big loss.

[lpavlou] 08/5/2024 10:12

Time to buyout APH or if they don't believe in its future, sell their stake and take the loss

[tyranosaurus] 08/5/2024 08:24

I reckon LDG should liquidate all their investments and return the money to the shareholders.
Time to loosen ties with Dbay as they got us into this APH mess.

[briggs1209] 08/5/2024 07:30

Not sure, but they are not yet part of the buy back on today's RNS.

[lpavlou] 07/5/2024 21:36

2 days to go. These 12m trades are very strange if they are actually trades

[dartron] 03/5/2024 19:45

I think it is the same trade. One is a SINT which is usually ignored on some charting platforms. Look at the details here:

[tyranosaurus] 03/5/2024 18:42

2 trades of over 12 million shares at 8p !!

[lpavlou] 30/4/2024 09:53

Only 6 more trading days until the buyback ceases. Let's see if they can buyout Esken. If it happens, i expect it to occur on the very last day.

[lpavlou] 24/4/2024 12:06

I believe they are playing chicken with Esken receivers. They've put a deadline on the buyback and with no other buyer out there for their stake, they are trying to force the receivers to sell their stake to them at current market level. Depending on how much cash was left in the business, the receivers may hold out an decide not to sell or sell small chuck's to cover their fees in the process The alternative view is Dbay have decided the money is better spent in investments rather than buybacks. I disagree as the buyback gives you an instant return.

[briggs1209] 24/4/2024 07:37

I think it is a function of shear lack of liquidity. Sells seem to have dried up but equally no one is buying the stock.

Might need APH to start increasing to move the price.

Alternatively we also need more info about the private business performance.

11p is really disappointing but DBAY don't seem bothered at the moment.

[+eysenck] 24/4/2024 07:21

Buybacks seem to have stopped.