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LFI London Finance & Investment Group Plc

58.00
0.00 (0.00%)
Last Updated: 07:35:37
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
London Finance & Investment Group Plc LSE:LFI London Ordinary Share GB0002994001 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 58.00 0.00 07:35:37
Bid Price Offer Price High Price Low Price Open Price
56.00 60.00 58.00 58.00 58.00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Finance Services 5.3M 4.23M 0.1357 4.27 18.1M
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 58.00 GBX

London Finance & Investm... (LFI) Latest News

London Finance & Investm... (LFI) Discussions and Chat

London Finance & Investm... (LFI) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2024-11-20 15:06:1960.00169.60O
2024-11-20 15:06:1960.0042.40O
2024-11-20 15:06:1960.0042.40O
2024-11-20 15:06:1960.002615.60O

London Finance & Investm... (LFI) Top Chat Posts

Top Posts
Posted at 21/11/2024 08:20 by London Finance & Investm... Daily Update
London Finance & Investment Group Plc is listed in the Finance Services sector of the London Stock Exchange with ticker LFI. The last closing price for London Finance & Investm... was 58p.
London Finance & Investm... currently has 31,207,479 shares in issue. The market capitalisation of London Finance & Investm... is £18,100,338.
London Finance & Investm... has a price to earnings ratio (PE ratio) of 4.27.
This morning LFI shares opened at 58p
Posted at 17/10/2024 09:10 by kneecaps2
Why didn't shareholders get consulted about the ICH share sale?
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 04/7/2024 08:58 by cynicalsteve
Either the share price has got way ahead of events or there are events that we don't know about yet. Share price must be getting close to NAV, certainly wouldn't buy at this price.
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 27/3/2024 09:57 by smithie6
...even with the jump due to winding up Western Selection which removes it's discount to NAV
The LFI share price is only around 50p

While some of us sold at the same price in ~2007
& since then the price needs to have perhaps doubled to keep up with inflation, although the divis add up, but less than inflation.

Not had a good record.
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 !
Posted at 21/12/2021 16:29 by smithie6
I managed to double the value of my portfolio from 1 Jan 2020 to now

whereas the LFI share price (& I assume the NAV) is down ~10%.

Sometimes it feels like they are asleep.
London Finance & Investm... share price data is direct from the London Stock Exchange