Logistics Development Share Discussion Threads

[eezymunny] 03/9/2021 11:11

They haven´t got any drivers! Try doing some reading!

[albert3591] 03/9/2021 07:16

Are these paying more to their drivers to keep them,anyone know?

[ntv] 02/9/2021 18:14

I don't mind them selling and they can keep going if they like ;-))

[spooky] 02/9/2021 11:07

I am a little bewildered about how anyone would want to sell these in the 13s, are they living in some sort of strange alternate universe?

[value viper] 24/8/2021 18:01

These guys know how to make money / drive very hard bargains - guess they have plans not that we know what yet

[eezymunny] 20/8/2021 13:47

I suggest you look at DBAY's history before you say things like that PUGUGLY

[pugugly] 20/8/2021 12:24

Now they have the cash should be wound up and returned to shareholders BUT most unlikely - Management will want to keep their jobs - Most likely will invest ing something else at an over valuation and lose - "The cynic" but have seen happen only too often.

[sharetips] 20/8/2021 11:04

looks good value - www.cityconfidential.co.uk

[eezymunny] 20/8/2021 07:12

18.5p/share cash then.

Current share price utterly bonkers apparently. One imagines they'll start a buyback or some such if the gap isn't closed quickly...

[eezymunny] 17/8/2021 09:41

I guess we may trade close to the apparent 18p/share in cash?

[eezymunny] 12/7/2021 20:13

They haven´t got the bleeding money yet. Durrrr...

[ptjenki2073] 12/7/2021 13:07

As an investment business they will be judged on how they use their capital for acquisition purposes and generate more shareholder returns or return of cash to shareholders. Don't see too many other options. Need some announcements/news though but the silence is deafening.

[qs99] 07/7/2021 15:18

Interesting, have bought in, didn't know anything about them before, but think this could be a decent ride ahead of any deal or payback of cash. DYOR

[value hound] 06/7/2021 19:19

Brief comment from Evil Knievil on Master Investor fwiw (I hold):

"Logistics Developments Group (LON:LDG) are 13.5p to buy as against 18p per share of cash pursuant to the disposals announced a few days ago. I expect the price will not go far until an announcement or two comes through. But the current price rates the management as incompetent or dishonest whereas there is no evidence of either."

[boystown] 02/7/2021 16:03

Well I certainly won't be selling too early EM. With ASTO, I thought I'd done well making a decent profit when the basic cash equivalent value was outed, only to see them quadruple and more in short order after I sold - after they made a couple of acquisitions.

[orchestralis] 02/7/2021 14:41

I wonder if they will return any to shareholders

[eezymunny] 02/7/2021 12:45

Indeed. Illustrating the potential anomaly between the 18p/share cash and current share price The cash will be invested by a high quality investment company. Unless I´m missing something, I can see this trading at a small premium to cash. 20p anyone?

[stemis] 02/7/2021 11:49

Not a bad bit of business for DBAY Capital. In 2019 they stuck £55m into Greenwhitestar and 18 months later it's sold and they recoup £125m

[boystown] 02/7/2021 10:12

Thanks EM - I've bought some

[eezymunny] 02/7/2021 10:02

I don´t see a problem!

[boystown] 02/7/2021 09:05

So what's the problem? Lack of trust in management?

[eezymunny] 01/7/2021 11:18

RNS says "LDG expects to receive a net cash inflow of not less than £120 million, including repayment of the recent £6million investment in the PIK loan. On that basis, LDG's available cash will be not less than £127 million"

The "net" bit suggests LDG end up with c. 18p/share in cash. Probably.

[eezymunny] 01/7/2021 10:34

I wonder if 20% of sale price goes to DBAY. The RNS should say but doesn't say if the 127m is net of DBAY fee or not.

[walterhwhite] 01/7/2021 09:31

Finally got my money back off this dog!

[eezymunny] 01/7/2021 09:27

18p/share in cash.

Buy it now for 65p in the pound at 11.7p/share

Unless I´ve missed something!