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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Low & Bonar Plc | LWB | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 15.45 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 15.45 |
| Top Posts |
|---|
Posted at 17/12/2019 19:28 by kinwah I know it is just 100k shares and there might be specific reasons for it but Schroders selling for the first time during the bid looks rather worrying. Over the last decade they have been closer to this stock than any other mainstream institution. They even appointed a LWB fd to the board of one of their investment trusts. I hope the uncertainty can be resolved soon otherwise investors' nerves will be shredded. |
Posted at 04/12/2019 10:59 by time_traveller As a stand alone company, LWB is now of little value, but it remains a valuable and very cheap "plug in" for a larger diversified industrial, (and I also thought this during my ill fated top ups through the long descent in its SP). The market for share trading has dried up as one would expect, so the selling by smaller investors is knocking the price back, but the bigger players seem to be staying put, or increasing. To me, the discount looks about right in the absence of the likelihood of another bidder coming along - I was more puzzled when the share price was ~15p after the bid. It's a toss up for me whether to hold - a 15% reward for holding a moderate risk for 4-6 months - better plays may be elsewhere, so I might reduce a bit. |
Posted at 20/6/2019 14:09 by time_traveller I rather agree - at the moment, on the face of it, all is above board, and no-one stands to benefit from this disaster area; neither PIs, IIs nor directors. If a DEB or Flybe or similar was attempted, I'd raise concerns, but I think it's unlikely to happen in LWBs case. It was poor form to raise funds so soon prior to a profit warning though, and as has been mentioned, with full knowledge of the situation, investors would have been better off binning the shares, allowing it to collapse and not subscribing, (at least, as it stands at the moment). |
Posted at 19/6/2019 17:55 by time_traveller I raised an eyebrow at the idea of a falling wedge, just formed because the chart is squeezed against the zero axis?! I can also make the copper bottomed prediction the share price will definitely not break the support at 0p!Notwithstanding that, I think LWB will be able to continue trading for several months yet, come what may - so it's not rocket science to predict that the share price will at some points during that time, spike up between the square root of F all, and the cubic foot of F all. And damn difficult and risky to trade the fluctuations profitably, when the spread and variance is usually huge. As a long term holder still holding, personally all one can do is take a philosophical interest in what becomes of this dog. What does leave a bad taste is how soon after fleecing investors for the fund raise, they came out with yet another profit warning (and I'm sure we've had far more than two since the heady days of 90p). |
Posted at 31/5/2019 12:54 by time_traveller It's the knock on economic effect of the trade war, affecting domestic Chinese demand (and industrial use for Chinese exports). On the flip side, oil price and cable way down. See a mend in Sino US relations, and LWB should recover (but not necessarily will)!It would be a canny move for a bidder to come in now and get it for 15p (superficially generous), but in my experience bidders normally arrive after a period of reducing uncertainties and share price gains (sometimes fuelled by rumours leaking out). So optimistically, I hope for at least a recovery to 15-20p and a bid or bids at 25-30p (my break even)...optimistical |
Posted at 30/1/2019 08:27 by hatfullofsky Thanks CC - Yes on review "The Placing and Open Offer and Firm Placing is fully underwritten by Peel Hunt LLP"My concern was the "conditionally" proviso on the following statement : "The Underwriter and Canaccord, as agents for the Company, have made arrangements to conditionally place the Open Offer Shares with institutional investors at the Offer Price" |
Posted at 07/1/2019 14:11 by baner there has been no further information from the company since the most recent update on the year end outcome. on that basis EPS 2017/8 was ca 5p on which basis the shares trade at a PE ratio of less than 4, with scope for improvement in 2019. the highly respected new chairman mr dayan bought his shares at 40p+ some weeks ago. the BOD and other related parties are now in a closed period (i assume) which probably explains why they are not picking up more stock at a level less than 50% of their initial purchasing price just a short tim ago. for Sterling Strategic the Low & Bonar is a devastating fiasco - not only do they lose a lot of money for investors, but also their own reputation will sink to the bottom of the ocean unless they can fix this. |
Posted at 28/12/2018 12:48 by ed 123 Something going on today?1.7 Million shares changed hands this morning. Being offered at 14p. I'd guess (but only a guess) they're working on a capital restructuring. Of course it shouldn't happen, but it feels like there's news leaking. The Company have already hinted at a possible equity raising in the recent update, so maybe they won't announce any more until the details are finalised? It would be a shame, though, if some in the know were trading, while the private investors sit in ignorance. |
Posted at 21/12/2018 11:32 by cc2014 I know some investors are fretting about the US only expanding 2.3% next year as opposed to 2.5% but surely the impact of the dramatic fall in oil and it's impact on polymer prices should be having a significant impact on LWB's EBITDA compared to a bit of reduction in the rate of increase of sales in the US (and the impact on the wider world)I see 2 trades have just gone through at 14.05. I also see another on a low liquid stock I own at almost exactly the same time. It's clear to me there is one party selling out there on a number of stocks holding who is just selling and selling in an ordered manner. I hope they plan to finish today before they go on leave as I'm getting tired of it now. |
Posted at 10/12/2018 08:50 by nick rubens LWB share price is a good reminder why 'investing' is baloney alot if not most of the time.No comment from the company to reassure investors? Are things going from bad to worse on the trading outlook? |
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