Share Name Share Symbol Market Type Share ISIN Share Description
Low & Bonar LSE:LWB London Ordinary Share GB0005363014 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.85p +1.69% 51.00p 50.20p 51.80p 52.00p 48.00p 48.90p 115,762 16:35:06
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Construction & Materials 446.5 -19.7 -5.9 - 168.32

Low & Bonar Share Discussion Threads

Showing 1526 to 1550 of 1550 messages
Chat Pages: 62  61  60  59  58  57  56  55  54  53  52  51  Older
DateSubjectAuthorDiscuss
20/7/2018
14:49
Agree it's promising for (a bit of?) a bounce, CC2014. Looking at level 2, buying interest continues here. Up about 1p on a down day for the wider market. The volume is low, however. So, I'd guess it's not corporate activity. More likely, imo, it's shorts wanting to close but few willing sellers. Result? Share price is squeezed up. For shorts the danger is that a sale of the remainder of the CE Division is announced and/or the Q3 update (26 September) reads well. Strategic update is promised for Q4. Consensus adjusted eps for this year remains at 6.2p, following the interims. If they meet that, further reduce debt in H2, and provide an optimistic narrative, then maybe LWB is on its way back to 75p? Investment here certainly carries risk but turnarounds can be rewarding. No advice intended.
ed 123
17/7/2018
10:35
No sellers at 50 it appears...
cc2014
16/7/2018
16:48
Do dead cats bounce higher than from where they were dropped? I think Newton should be told.
time_traveller
16/7/2018
16:02
Almost 5x Buys (99K) to Sells (22K) ratio today
justiceforthemany
16/7/2018
15:53
Justice Wait and see.......dead cat bouncing..........we have seen this before with L&B - for a decade at least........but you never know........on a PE-basis, assuming forecasts for once are achieved, they are cheap.
baner
16/7/2018
15:33
baner where is your 30p? I wanted to load up at that price.
justiceforthemany
16/7/2018
15:22
Back in auction. All very interesting. Whatever is going on, the rising price doesn't seem to be bringing any sellers out.
cc2014
16/7/2018
15:19
Sudden jump in the bid price this afternoon
justiceforthemany
16/7/2018
15:05
Not sure Ed. Price has been creeping up day after day ever since it got smashed down on results day. We are now above results day opening price. Hard to say what's going on price action looks like either: a) two parties chasing stock and one has had enough and gone aggressive or b) someone short trying to close and finding they can't get stock to close into Just gone in auction and come out even higher with solid volume on bid. 45 was stupidly low imho. I am however relieved to see it back here. Fingers crossed something is up and items a) or b) turn out to be wrong.
cc2014
16/7/2018
14:56
Ooooooo! Up 10%. Something happening?
ed 123
13/7/2018
11:46
We seem to have crept off the bottom now
cc2014
11/7/2018
13:05
https://www.fool.co.uk/investing/2018/07/11/dividend-stocks-two-6-yielders-im-considering-today/
rathkum
11/7/2018
11:13
A p/e of 7 is really very low Justice - and we all wish you Good Luck with your investment !!
baner
11/7/2018
11:01
I note FY guidance is unchanged. H2 is historically far stronger than H1. Is a P/E of 7 low folks?
justiceforthemany
11/7/2018
10:04
Debts are secured by assets and operations - no problem at all there for the time being, they will clearly be covered even in a forced sale of L&B´s components. But it is not ”debts” you buy at 44p - it is the shares. And these are in a much more vulnerable position when the market cap is what it is today.
baner
11/7/2018
09:59
I still watch this. I believed the company was not safe and sold out, I look afterwards to learn whether my analysis was correct. And possibly whether there is a good recovery potential. Perhaps there is, but I remain to be convinced at the moment.
edmundshaw
11/7/2018
09:58
"the Group remains on track to deliver its year-end objective of reducing net debt from the position at November 2017 by at least GBP15m in constant currency." Meaning debt falls from 138m to 123m by Nov 2018. I agree it would be helpful if the debt was under £100m but then the share price wouldn't be 45p. "The Group's EUR165m, five-year, revolving credit facility was refinanced successfully in May 2018. Gearing at 31 May 2018 was 2.9 times (2017: 2.5 times), below the 3.5 times covenant contained within the Group's new financing facilities. With the improvement plans being executed within the Group, and the anticipated reduction in net debt, gearing is expected to reduce from this peak, and the Board remains committed to reducing leverage to below 2 times. The underlying interest charge for the period of GBP2.5m was 4.2% higher than the charge for the same period last year, reflecting the higher level of average borrowings during the period" Underlying profit before tax = £6.5m so there's plenty of room to pay the interest bill. "During the six months ended 31 May 2018, the Group agreed and executed a new 5 year, EUR165m revolving credit facility with a syndicate of five relationship banks. The facility bears interest at between 0.9% to 1.95% above LIBOR depending on the ratio of the Group's net debt to EBITDA at each of its half-year and year end reporting dates. Until 31 May 2019 the ratio can exceed 3.0 up to 3.5 which would result in an increased interest rate of 2.45%." An interest rate of 2.45% is not that of distressed debt. The lenders appear confident the level of debt is manageable.
cc2014
11/7/2018
09:26
If this is such a dud why are you even here posting?
justiceforthemany
11/7/2018
09:22
Justice We all understand that you are long in this stock and sitting on a considerable potential loss. This happens to all of us. But if you want to be credible trying to make bullish comments on L&B you need to present ”facts”, not ”groundless gossip”. Run the numbers on L&B and i believe you will sell your shares promptly. I did, however at 60p+. But still, 44p is better than 30p-. This is a falling knife.
baner
11/7/2018
09:17
They will push for a sale of not just CE but the company. Strong chance of a takeover.
justiceforthemany
11/7/2018
09:12
Sterling Strategic >15% Luxempart 8.1% Wellcome Trust 3%
justiceforthemany
11/7/2018
09:12
Its going below 40p for sure.
hvs
11/7/2018
09:10
Justice The activists originally bought huge volumes at 70p+ and obviously did not know what they were doing. As simple as that. We all make mistakes and clearly that goes for you as well. And i am no exception, although this one i have avoided.
baner
11/7/2018
09:06
Adding at these prices? When??
edmundshaw
11/7/2018
08:56
& again why were the activists buying in bulk at 60p+ just a few months ago unless they were confident of a turnaround or a sale at a good premium to 60p? They hold almost a 30% stake here and will likely be adding at these prices.
justiceforthemany
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