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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| London Finance & Investment Group Plc | LFI | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 58.00 | 07:35:37 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 58.00 | 58.00 | 58.00 | 58.00 | 58.00 |
| Industry Sector |
|---|
| NONEQUITY INVESTMENT INSTRUMENTS |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 26/09/2024 | Final | GBP | 0.006 | 05/12/2024 | 06/12/2024 | 18/12/2024 |
| 01/03/2024 | Interim | GBP | 0.006 | 21/03/2024 | 22/03/2024 | 04/04/2024 |
| 29/09/2023 | Final | GBP | 0.006 | 07/12/2023 | 08/12/2023 | 20/12/2023 |
| 31/03/2023 | Interim | GBP | 0.0055 | 20/04/2023 | 21/04/2023 | 04/05/2023 |
| 30/09/2022 | Final | GBP | 0.006 | 08/12/2022 | 09/12/2022 | 21/12/2022 |
| 18/02/2022 | Interim | GBP | 0.0055 | 10/03/2022 | 11/03/2022 | 24/03/2022 |
| 27/09/2021 | Final | GBP | 0.006 | 09/12/2021 | 10/12/2021 | 22/12/2021 |
| 22/02/2021 | Interim | GBP | 0.0055 | 11/03/2021 | 12/03/2021 | 25/03/2021 |
| 21/09/2020 | Final | GBP | 0.006 | 19/11/2020 | 20/11/2020 | 02/12/2020 |
| 24/02/2020 | Interim | GBP | 0.0055 | 12/03/2020 | 13/03/2020 | 03/04/2020 |
| Top Posts |
|---|
Posted at 16/10/2024 11:10 by smithie6 who ?======== And ICH so many years (20 ?!!) trying to get permission to build houses....& despite the supposed massive demand for more houses....permission is never obtained !! ....seems a bit strange to me. If a director of ICH bought the WSE/LFI stake (29% if my memory is correct) then they think that permission will be granted one day. (or perhaps they get , or will get, enough pay back via fees (and/or jobs for family) to make the expenditure worthwhile ......) |
Posted at 03/10/2024 18:05 by smithie6 what is the situation with Industrial & Commercial Holdings ltd ?it held some land in sunny Scotland & the co. have been trying for ~15-20 years to get planning/building permission for homes, in which case the land would be worth much more. In 1 bit of LFI text, LFI bought the Western Selection stake (30% ?) for £50k....but then sold it for £50k. (if so it might infer that LFI saw no likelyhood of a rise in its value. Anyone know anything ? |
Posted at 03/10/2024 16:17 by kinwah Callumross, I didn't read it that way. They have the problems of increasing costs and dull investment performance and would like LFI to be a larger entity. Having a South African listing as well makes a UK delisting unlikely in the short term. I hope the larger non-Marshall shareholders keep up their lobbying to return value to shareholders with either a share buyback or a transformative deal. |
Posted at 10/8/2024 12:48 by kinwah I haven't tried to calculate the hidden upside but the City decision on MWB should result in some compensation to former MWB shareholders such as LFI from the non-bid. This could potentially delay any winding up but lead to more value for LFI shareholders. Google MWB takeover if you have no idea what I'm talking about. |
Posted at 07/5/2024 16:14 by kinwah Very interesting share purchase by Warwick Marshall announced today. Interesting because there was a thought that the Marshall family couldn't buy any more LFI shares because it was in a concert party holding more than 30%. This was often suggested as a reason why LFI never bought back any of its own shares. Anyway I think now we will see a bit more action in the shares as a result. |
Posted at 01/3/2024 08:18 by kneecaps2 LFI is run solely for the benefit of the Marshall family. The directors have proved over the years that they are clueless. LFI will always continue to trade at a huge discount to assets. An immediate wind-up is urgently needed. |
Posted at 02/1/2024 16:30 by smithie6 TopvestI'm sure that most of the NAV in Western Selection will be paid out to shareholders quite quickly. ---- LFI Since LFI/WSE have been selling off their strategic investments (Finsbury Food, Northbridge, Kinovo I think....) & David Marshall has retired as CEO at his biggest responsibility... & since I think his 1 son/heir, Warwick, has not I think been appointed to the board at LFI Then logic, or the smoke signals, says imo that LFI will also be wound up & the cash paid out to shareholders, after the process for Wstern jas been completed. That is my guess anyway. |
Posted at 29/12/2023 15:40 by topvest There is really no point to LFI now that all the strategic investments are effectively gone and they have admitted to poor returns. Their strategic investments have been only very average, leading to poor returns due to the high cost base. In their last annual report they said they are still looking for strategic investments and their strategy is unchanged.They will, no doubt, want to find a solution for City Group P.L.C. before LFI closes though. Also, Lonfin are committing to a 4 year loan facility with WSE. They should wind-up LFI as well or at least convert it to an investment trust. I can't see LFI being wound-up in the short-term, much as I would like it to. At least WSE gives you confidence that we will one day receive NAV for our holding, maybe in 5 years time. In the meantime it will be 1.15p a year! |
Posted at 29/12/2023 14:14 by kneecaps2 Yes I agree with you all today. I first invested in Western and LFI in the 1980s and they have been dogs ever since. If the directors of LFI are going to reinvest the £6.3 million they receive from Western in International blue chips on their past performance they are more stupid than I would have thought possible. I am sure most shareholders would rather LFI sold off all their assets and return the capital which should be well over 70p a share to shareholders. From the 2023 accounts I notice LFI increased assets by a measly 1.2% over the last 5 years and only paid a tiny maintained dividend of 1.15 per share. Surely time to give up! |
Posted at 29/12/2023 10:03 by smithie6 Congrats to long suffering shareholders in LFI & Western Selection.But ! ... personally I was phps lucky with my timing & decisions to have sold my LFI shares at the peak of the spike in ~2007, at 50-55p.....& that money has since at least doubled being invested elsewhere & produced income. The reward part of risk/reward at that moment was non-existant so it was time to sell. LFI shareholders have not done well since that 2007 peak. 16 years later & the share price is ~10% lower. I guess that LFI shareholders might be hoping that LFI copies Western Selection & winds itself up. If that were to happen the return per share would be notably higher. But if LFI doesn't wind itself up, you might pay 48p now & phps see the share price still at 48p in 10 or 15 years time ! |
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