Low & Bonar Share Discussion Threads

[cockneyrebel] 14/7/2010 12:24

Agree WJCC - placing was last march so the bulk of the dilution factored in v eps in H2 - that should improve the eps gain on comparison in H2 imo.

Edison note out - tho they don't do full coverage but a few snippets in there.

As I said hvs - headline eps mask a weath of issues - if that's all you look at you miss a lot of the real progress imo.

CR

[wjccghcc] 14/7/2010 11:44

EPS is down due to the dilution from the placing.

[hvs] 14/7/2010 10:58

Hi napoleon,

I agree with you on cash flow being important.

Debt is being pared down. But EPS is the key basis for valuing a share.

Think these will now drift down.

[napoleon 14th] 14/7/2010 10:12

ooops! D-d-d-damn c-c-c-computer st-st-stammer.

[napoleon 14th] 14/7/2010 10:12

hvs - your point is not irrelevant, unlike the squirmy worm watchout2, but eps comes second to cashflow (REAL cashflow, as in ebitda) in my book;

Turnover is vanity, profit is sanity, but cashflow is reality!

LWB debt well down says it all IMHO.

[hastings] 13/7/2010 12:31

Hope so HVS i can pick up some more

[hvs] 13/7/2010 11:41

EPS is KING.

The results were NOT GOOD.

Sub 35p soon.

[cockneyrebel] 13/7/2010 11:17

LoL - never heard of assets, cash and growth rate then HVS?

If you invest based on eps only then that's like playing poker with a three card hand.

CR

[tom111] 13/7/2010 11:14

Neither is your spelling

[hvs] 13/7/2010 10:47

EPS is everything.

The resuklts were not good.

[cockneyrebel] 13/7/2010 10:46

Well let's see what the broker updates say later today. H1 last year these never looked like paying a divi - you could have bought at 20p. Now you'd have doubled your money and be getting a 5% yield on your initial investment - rather nice performance.

I'd bet on a 1.2p divi for the year myself - that's 3% here. With 0.5p divi in H1 then the 1p for the year forecast has to be too low imo.

The growth rate is excellent too - just the headline eps doesn't reflect the 30%+ profit growth. Looking at just the eps isn't wise imo.

I'll try to get any notes that come out later today.

CR

[hastings] 13/7/2010 10:05

Agreed with above, let the dust settle and see where we are by the end of the week.

[bigbigdave] 13/7/2010 08:57

Morning!
Bit of a late start for me. Great results and holding on tight to all mine.

[bantam175] 13/7/2010 08:53

Don't think many are trapped here. Volumes have not been high.

Could still sell now for a nice little profit. Prefer to hang on for a nice big profit.

No brainer really.

[shauney2] 13/7/2010 08:50

Your right watchout2.
Profit up 31%, a very confident outlook, giving out an interim divi just because they are making money is terrible!

Meanwhile i have added some to my ISA.

[cockneyrebel] 13/7/2010 08:42

Only have the headlines at the moment, Dow Jones will give the full story later:

*DJ Low & Bonar Eyeing China, Middle East Joint Ventures

*DJ Low & Bonar Bidding For 2012 London Olympics Work

*DJ Low & Bonar: Olympics Work Would Be "Nice Add On" To Revenue

[watchout2] 13/7/2010 08:34

CR blaming traders for the fall although he himself is one !

Maybe somebody should explain to him that 90% of stocks that rise
well ahead of results fall on them no matter what the results.

Good ramping of this on his thread means many are now trapped in.

[bantam175] 13/7/2010 08:21

Highest price paid at open was 40.75 for 10000. Small deals.

[watchout2] 13/7/2010 08:12

CR is a trader as well be warned !

He'll have it put across he holds long term but he is just a pump
and dumper with this sidekick dave !

He probably sold as well at the open.

[cockneyrebel] 13/7/2010 08:10

traders scalping from yesterdays rise curlly - let them do it, dunno what they want in a recession with sales up 15% odd in Q2, H2 started strong too. The divi tells you all you need to know imo.

Long and happy here.

CR

[tom111] 13/7/2010 08:10

Every man and his dog heading for the exit.Wait later in the day when the dust has settled

[bantam175] 13/7/2010 08:10

Donkeys dumping. The old buy on rumur sell on news. True value should out but may take time. :-(

[curlly] 13/7/2010 08:07

DOWN
whats that all about.