Low & Bonar Share Discussion Threads

[boyleslaw] 05/7/2019 08:27

I see technowiz has got rid of his 65,000 at 7.9 lol

[dplewis1] 05/7/2019 07:48

Good to see some trades at 8p, I imagine there'll be some resistance there though

[cc2014] 04/7/2019 21:09

#1917 There were only 7.5k shares at 7.50 so you were never going to get filled 65k

[escapetohome] 04/7/2019 21:01

Poor Union pacific - get in there lad!

[escapetohome] 04/7/2019 21:00

Momentum building , slowly but surely.

[kinwah] 04/7/2019 18:46

Of course if the shares are pushed high enough in 3 months time then LWB could have a market cap large enough to re-join the FT All-share index. The Index funds would then need to buy stock again so the shares get pushed artificially high so they join the Index at an inflated level. What larks!

[dplewis1] 04/7/2019 17:29

The uncrossing at 7.72 is promising. It looked like the buyer would have taken a lot more than 25k there

[boyleslaw] 04/7/2019 17:06

Been watching this since losing £2.5k here in January. Typically I missed yesterdays signals as was travelling. Bought in this am, hoping for 15p in 4 weeks.

[dplewis1] 04/7/2019 15:32

No big sell order in the auction.. plenty bidding it though.

[baner] 04/7/2019 14:55

i believe the "dump" rather than the "pump" was manipulated.

[justiceforthemany] 04/7/2019 14:28

Is there merit behind this jump such as China trade resolution? Offer coming? Or just a manipulated pump?

[meijiman] 04/7/2019 14:05

thanks for that CC.

[cc2014] 04/7/2019 13:40

#1907

As off topic message me direct if you would like further info.

[dplewis1] 04/7/2019 13:27

I worked on an algo execution desk for the buyside for several years - they seem fairly deep pocketed adversaries on the bid and ask. There were 63 trades earlier in that 7,560 quantity or about 35 grand in total. Hard to tell, but this situation might play out for a while as the orders complete and one side runs out of ammo.

[meijiman] 04/7/2019 13:06

and who would be a decent direct access provider?? Just checked out all those 7560 trades..amazing.

[cc2014] 04/7/2019 12:45

Algo bots are availalbe to PI's if you use a decent direct access provider. All wrapped up in the account for no extra free. And not just the iceberg ones either. Some far cleverer ones designed to execute within specific timeframes or achieve VWAP etc. Pretty much whatever you are likely to use is available to the PI now.

[spectoacc] 04/7/2019 12:38

Keeping a keen eye on LWB, bought a reasonable few around 6p & hoping no bank covs breach. They seem moderately confident so far.

[justiceforthemany] 04/7/2019 12:11

Algo bot working overtime. 7560 x plenty. Just proves how rigged the markets are. What hope do PI's have with the amount of insider trading, BOT trading & false accounting/lies/corruption that goes on.

[dplewis1] 04/7/2019 12:02

Look at all those 7,560's!

[dplewis1] 04/7/2019 09:12

Algo buyer lifting 7's aggressively

[dplewis1] 04/7/2019 09:08

Just bought 35k for a punt

[justiceforthemany] 04/7/2019 08:02

Edison forecast EPS of 0.9p this year. H1 will likely be 0.1-0.2p only.

[baner] 04/7/2019 07:39

the sale of the remaining part of Civils seems to be in the pipeline and given the good price received for the construction fiber business, proceeds may well exceed what the stock market seems to assume. i would not be surprised if pro forma net debt comes down towards £70-75m, in which case L&B is out of its financial dilemma and can focus on growing the businesses again. with EPS of ca 1.5p and a PER of 10+, the shares could really fly a long way from the current depressed level. TNAV per share should be ca 15p today and that should be the minimum target once the Civils business is gone.

[dplewis1] 04/7/2019 07:14

Hmm yes I wonder if I've missed a nice entry point there. Maybe the guy hasn't routed his sell algo yet..