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Share Name Share Symbol Market Type Share ISIN Share Description
Lsl Property Services Plc LSE:LSL London Ordinary Share GB00B1G5HX72 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00 -1.1% 450.00 450.00 454.00 456.00 444.00 455.00 50,645 16:29:21
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Real Estate Investment & Services 266.7 20.9 15.9 28.3 469

Lsl Property Services Share Discussion Threads

Showing 276 to 297 of 600 messages
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DateSubjectAuthorDiscuss
04/6/2009
15:27
Sorry Badtime, didn't see your post here :-) Dunno but it's on the up again and after all that director buying it feels good. News on TV last night that houses are selling again. CR
cockneyrebel
27/5/2009
21:54
Where u c this going then CR
badtime
27/5/2009
13:17
Look at that chart - next leg up here this am imo - some large buying the past few days. CR
cockneyrebel
06/5/2009
15:29
Breaking out.
chester
29/4/2009
22:39
Raymarine was another one. I think Harris had a stake in EZJ too but can't remember EZJ having a bid made. There are one or two others too but I can't recal at the moment. CR
cockneyrebel
29/4/2009
14:04
Just to elaborate on some of the bids Harris have been part of to satisfy my own curiosity: Just quickly I found they are a major shareholder of Carpetright and were vocal in rejecting a £12.50 bid in late 2007. The shares are now 550p. http://www.citywire.co.uk/Adviser/-/news/market-and-shares/content.aspx?ID=287999 "According to the FT, Harris Associates intends to 'demand a higher price' for its Carpetright shares, and quoted Herro as saying of the £12.50-a-share bid: 'I don't think it will go through.'" Other investments include(d) Signet, Matalan and Nikko and in each case Herro was the activist holding out for a higher price (with some success). Matalan was taken private by the Chairman/founder in 2006. Harris spoke out against the Signet takeover by Apax/KKR at £2.3b late 2006 saying it was too low. The market cap is now £930m. http://www.telegraph.co.uk/finance/2946256/Apax-and-KKR-drop-Signet-takeover-plan.html Harris were successful in getting Citigroup to increase their offer for Nikko. Citi are looking to flog it to Sumitomo for a loss as I type. Any I've missed CR?
turbounit
29/4/2009
14:03
So directors account for 8% of the Sheffield shares. What about the other 92%?
typo56
29/4/2009
13:32
Sheffield were still buying in 2007 and 2008 along with the directors and Harris Assoc. Sheffield basically dumped 5m shares and the directors took up just over 8% of these. The director buys were announced on the day of purchase (24th) which boosted confidence for a few days before the Sheffield announcement was made despite the fact the transactions happened the same day. Strange. Unless there is another 'major shareholder transaction' announcement then none of the current big players took up the slack. Not indicative of corporate action if you ask me but at least the management are still believing in themselves.
turbounit
28/4/2009
18:31
right, cheers Typo. The way this has risen against the market and on volume looks like something happening imo. CR
cockneyrebel
28/4/2009
18:22
Harris have held for some time. First holdings RNS I can find for them dates back to 23 Oct 2007. Read this: http://www.estateagencynews.co.uk/goodman_articles/mgood1208.asp
typo56
28/4/2009
17:33
Anyone know how long Harris Associates have held? They have an uncanny knack of being in stocks that get a bid, would be interesting to know when they bought. CR
cockneyrebel
28/4/2009
17:29
Their holding of 16,968,974 shares prior to reducing through a whole %age point was 16.29% - so I'd wager the Sheffield Partners holding is held under the Morstan Nominees name (which is a Morgan Stanley nominee account name). More interesting will be who has picked them up. SM
strollingmolby
28/4/2009
16:24
Sheffield Asset sold that 5% - wonder who bought them? CR
cockneyrebel
28/4/2009
11:09
That's a breakout on the chart - 138p going to get tested soon imo. CR
cockneyrebel
28/4/2009
10:43
It all depends where you think we are in the property cycle. There is still no finance to speak of for first time buyers or those with little equity in their homes. Lending mulitples are way down and the new tax rules aren't exactly encouraging skilled labour to come to the UK. Turnover in 2008 was down 26% compared to 2007. Turnover in the first quarter this year is down 28% on a year ago. At this run rate they'll need to have cut costs by a further 20% to break even. I'm not saying it's a bad business but there is a fair headwind and no visibility when things in the property market will improve.
turbounit
27/4/2009
20:34
Big volume and large trades, if I didn't know better I'd say shorters had got wind of a bif or some news and were closing in a hurry. LSL would make a nice bid target for some other surveyor/estate agent types to boost volume. If they do beat this year (and they say they are slightly ahead of their own expectations) then the 8.5p eps forecast could well come out over 10p - that would make the fwd PE look very low for a co entering a new propert cycle imo. CR
cockneyrebel
27/4/2009
16:07
More 200K buys. CR
cockneyrebel
27/4/2009
14:53
250K buy CR
cockneyrebel
27/4/2009
14:51
Harris ssociates have a habbit of buying stocks that get bid for - RAY being one that comes to mind. Close your short Evil, imo - this looks like Kensington 2003 all over again imo. CR
cockneyrebel
27/4/2009
14:12
Looks like Simon Embley has been filling his boots for a while now. I was running the rule over this as a potential short, but the large CEO acquisitions and the lack of free float has put me off for the moment. "One reason was the news that Simon Embley, the group chief executive, bought 1.26 million shares at 31.6p after the group issued a trading statement on November 12. That brings his holding to 8.94 per cent. Including Embley's stake, the management holds about 30 per cent, Harris Associates 20 per cent, Barclays Private Equity 15 per cent and Sheffield Asset Management LLC, another US fund, holds 15 per cent. That leaves only 20 to 25 per cent of the shares for smaller outside shareholders, so any purchases or sales result in sharp movements in the share price." http://www.estateagencynews.co.uk/goodman_articles/mgood1208.asp
scburbs
27/4/2009
14:10
no, he was buying lower too I believe. Let's face it, if they beat the 8.6p eps forecast this year which looks likely on that director buy then 12.5p forecast next year should get smashed. 15-16p eps? That would be a PE of 7 and 100% earnings growth, which would be cheap imo. CR
cockneyrebel
27/4/2009
14:04
That is a serious sign of confidence from the Directors. Particularly for someone with c.£10m tied up to add another £400k. How rich is he? Is there any reason those buys shouldn't be taken at face value (e.g. previous sales at higher prices etc.)?
scburbs
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