London Capital Hldgs Share Discussion Threads

[diggedy2] 29/4/2016 07:58

almost impossible to raise cash when the convertible bond/loan must be repaid in five years time.

If the convertible loan is not 'converted' then the company has to pay the £16m (or whatever the amount will be then) back.

I cannot see how they could get anyone to join a rights issue unless it was the bond holders themselves

[arthur_lame_stocks] 29/4/2016 07:52

Well on first look the results are pretty poor, but the second half was a lot better than the first. I guess it just depends on whether or not they have enough cash to see them through to profitability, although it does sound as though they are planning on raising more cash. I'm not sure how easy that will be to do at the current price.

[the stinger] 28/4/2016 20:25

Something is going on....may find out tomorrow? then again maybe not!!. To hold back like this can only be for some kind of additional details within the results..whether good or bad is to be seen..

[luckymouse] 28/4/2016 20:12

serious fkg about

[jack1978] 28/4/2016 18:49

I phoned the house broker this afternoon and was put through to John Depasquale,
who assured me that the accounts were ready and that they would be released today - well it looks very unlikely now. So what is the hold up??

[the stinger] 28/4/2016 17:11

Late again?, must be in heated discussions...

[topvest] 26/4/2016 21:50

Either some discussions going on OR they are just struggling to finalise their accounts. Personally I wouldn't be surprised if it was the latter. Either way I don't trust the Board. Think we are going to be stitched up!

[the stinger] 26/4/2016 20:42

I can believe that richie, however if so he'll have a job on getting the remaining shares for under 15p IMO. Against that though...and if business is improving then they'll be no better time for him to try..

[richie666] 26/4/2016 20:39

Agreed Stinger although with the reputation of Sabet IF the business is turning around I would wager he will try and take it private. By all accounts not a publicly spirited man...

[the stinger] 26/4/2016 20:18

Lucky/richie, I'm sure the full year results final numbers were/would have been ready March time. For me the delay last month now followed by this weeks delay only confirms something has been/is currently being discussed or negotiated behind the scenes..why else delay last month and now this week just for a few days!!. The telling sign is the delay this week, its so obvious..

The key thing is LCG's turnaround plan, if it is working and the numbers are showing growth even if slow (as Sabet suggested) then the news can only be good for investors at current levels.

Still high risk/reward until we know..thats the AIM. However If they are seeing growth coming through and better numbers then I cant see the share price being much under 12-15p short term. Soon find out as results due by Thursday 28 April 2016..so may even be tomorrow. Cant see them delaying again without some kind of full reason/explanation.

[luckymouse] 26/4/2016 17:47

Good synopsis stinger - yes obv mucho discussions/hard negotiations going on behind scenes - if it was just fin numbers it wld be today/tomorrow

[richie666] 26/4/2016 17:45

Agree wholeheartedly with your sentiments Stinger. If there was bad news it would, I believe, per listing rules have been required to be RNS'd. Plus, given the commments that the company is seeing the fruits of the recent capital labour only a cple months ago, Sabet will well and truly shoot his reputation if this was a false statement.

Only 48hrs to go...

[the stinger] 26/4/2016 17:01

To delay the release of results this way (and twice) means something is going on behind the scenes, why else the delay especially the delay this week. Its obvious results will be ready to publish so some kind of discussions happening, details of which may be added to the results. At this MC its possible Sebet wants full control. Doubt it will be easy for him at these levels though. The research note by align explains why. There's been around £40m put into LCG from the start and Sebet's own stake is huge. He may need to offer 15pish plus for full control but doubt other CLN holders and major shareholders will allow it. If the results show recovery then its good news and we will kick ourselves for not buying,,, if not then a cheap takeover by Sebet may be on. Thursday will tell...unless delayed again!!.

Goodluck to brave holders..

[luckymouse] 26/4/2016 14:12

That could have been managed better lol!

London Capital Group announces that it now expects to release its financial results for the year ended 31 December 2015 by Thursday 28 April 2016.

[luckymouse] 25/4/2016 18:07

London Capital Group Holdings PLC Notice of Results

24/03/2016 4:29pm

UK Regulatory (RNS & others)

London Capital Hldgs (LSE:LCG)

TIDMLCG

RNS Number : 2686T

24 March 2016

LONDON CAPITAL GROUP HOLDINGS PLC

("London Capital Group", the "Company" or the "Group")

Notice of Results

London Capital Group announces that it now expects to release its financial results for the year ended 31 December 2015 by Monday 25 April 2016, which is slightly later than previously announced on 27 January 2016.

- Ends -

For further information, please contact:
Allenby Capital Limited
Nominated Adviser and Broker
John Depasquale [phone]
Nick Naylor

[the stinger] 25/4/2016 17:35

Hope people haven't sold out early because of that... Strange though?

[richie666] 25/4/2016 17:07

Thanks Coul - looks like misinformation between the 2 sites.

[coul909] 25/4/2016 17:02

Am I reading this right.....The LSE website (Alliance News) has LCG Final Results down as issued on Wednesday 27th April?
All other sources and their own statement said today.

[richie666] 25/4/2016 16:19

Lucky - agreed. Unless Sabet's nicked all the money however I fail to see how even bad news can knock the price from here. Here's hoping he is sticking 15p per share on the table to take private!

[luckymouse] 25/4/2016 16:01

after hrs usually means lousy results or corporate action news

[sharetrader3006] 25/4/2016 15:42

Digg, did you talk to them and they said no comment or email them?

[nick rubens] 25/4/2016 14:43

I got up early for the results.

[the stinger] 25/4/2016 14:24

Or finalising the take over?..

[diggedy2] 25/4/2016 14:23

asked the broker what was the problem but no response.

either good news or bad... given what has gone on over the last three/four years I am not holding my breath

[the stinger] 25/4/2016 14:23

Well it's either good news,,, or bad. Prob end of day?.. Who knows..