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London Cap Share Chat (LCG)



Share Price: 29.75Bid: 28.50Ask: 31.00Change: 0.00 (0.00%)No Movement on London Cap
Spread: 2.50Spread as %: 8.77%Open: 30.00High: 30.00Low: 29.25Yesterday’s Close: 29.75


Share Discussion for London Cap (LCG)


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boatdrinks
Posts: 51
Off Topic
Opinion:No Opinion
Price:33.50
on the up
8 Nov '13
Big buys at last.... News coming????
 
arsenal58
Posts: 584
Off Topic
Opinion:No Opinion
Price:38.00
re revolving door
5 Sep '13
All them movements and no sign of any of them dumping there shares on the market ?? strange or what !!
DaveDavidson
Posts: 1
Observation
Opinion:No Opinion
Price:42.50
Revolving Door
27 Aug '13
What is happening with this company? In the last year they have lost a chairman, CEOx2, general counsel (not replaced), marketing director (not replaced) and now finance director. Doesn't appear to be a very stable environment.
arsenal58
Posts: 584
Off Topic
Opinion:Strong Buy
Price:41.75
Even at 42 pence mkt cap
16 Jul '13
still only 20.477million net cash holdings 24.4 million. this co. undervalued by 4 million +in cash alone. The predators will be circling this again got to be worth 62pence a share for a buyout
arsenal58
Posts: 584
Observation
Opinion:Strong Buy
Price:41.75
Go go
16 Jul '13
50 pence is on the horizon turnaround just been noticed if your in at 35 hold on this as further to go
Rosty
Posts: 102
Off Topic
Opinion:Strong Buy
Price:36.50
Mcap £17 v Net cash Resources ..
11 Jul '13
From the RNS;
"Overall the Group is well capitalised and as at 30 June 2013 had net cash resources and amounts due from brokers amounting to £24.4m. "

Am I reading this correctly we have net cash resources of £24M against our Mcap of £17m ish?

Back in to profit as well with £3m profit for H1 2013

This surely has to start a significant rise back up over the coming weeks?
Rosty
Posts: 102
Observation
Opinion:Strong Buy
Price:37.00
Great RNS Today
11 Jul '13
Great turnaround compared to 2nd half last year and back into strong profit AND £24M due in from various Brokers :) Our M'cap currently is only about £17M and we have £24M due in, am I reading that right ?? :)

Should be a good day
Globalcrossings
Posts: 7,411
Off Topic
Opinion:No Opinion
Price:37.00
Rns...
11 Jul '13
Thu, 11th Jul 2013 07:00

RNS Number : 0868J

London Capital Group Holdings PLC

11 July 2013

London Capital Group Holdings plc

("LCG" or the "Company")

Trading update

The Board of London Capital Group Holdings plc ("the Group"), the financial services and online spread betting and CFD company, is pleased to give the following trading update in respect of the first half of the current financial year and announces that it will release interim results for the period ended 30 June 2013 on 22 August 2013.

The Group is expecting to report that adjusted profit before tax from continuing operations for the six months to 30 June 2013 will be in the region of £3.1m compared to £2.1m for the same period last year and a loss of £2.3m for the second half of last year. Adjusted profit before tax from continuing operations is stated before recognising a charge in relation to share based payments of £0.03m, previously announced costs associated with the current change in IT platform of £0.9m, and non-recurring restructuring costs of £0.7m.

Following the difficult trading conditions of the second half of last year, there was an increase in market volatility which led to improved revenues and KPIs in 2013 more in line with those seen in the first half of 2012.Revenue from continuing operations was £16.2m (2012: £17.8m), of which £13.2m (2012: £12.8m) was derived from the retail spread betting and CFD business and £3.1m (2012: £4.8m) was derived from the institutional FX and broking businesses.

During the period the Australian subsidiary's trade was wound down and the entity was disposed of. It is anticipated that the sale of ProSpreads, the Gibraltar based subsidiary, will be completed in the next 4-6 weeks. The profit from discontinued operations for the period was £0.1m (2012: loss of £0.7m).

Overall the Group is well capitalised and as at 30 June 2013 had net cash resources and amounts due from brokers amounting to £24.4m.

Commenting on the results, Mark Slade, Chief Executive, said:

"We have enjoyed strong trading conditions in the first half of the year and our financial performance has benefited from improved market conditions. We have also made good progress reshaping the business and while we are moving in the right direction there is still much work to be done for the company to achieve its full potential."

For further information, please contact: www.londoncapitalgroup.com

London Capital Group Holdings plc

Mark Slade, Chief Executive Officer

020 7456 7000

Cenkos Securities plc

Nicholas Wells/Camilla Hume

020 7397 8900

Smithfield Consultants

John Kiely

020 7360 4900

Notes to Editors:

London Capital Group Holdings plc (hereafter "LCGH plc" or "LCG" or "London Capital Group" or "the Group") is a
arsenal58
Posts: 584
Observation
Opinion:Buy
Price:33.50
if
18 Apr '13
anyone is interested ceo Mark Slade bought 50000@32p this week green shoots maybe? Did say he was a messiah anyone looking to recoup loses time to buy
arsenal58
Posts: 584
Observation
Opinion:Hold
Price:45.00
Mark Slade
25 Feb '13
The Messiah as arrived!!! Please find a buyer for this lowly spread co. We will all except 55 pence thats only 51% more than the cash holdings of this co.



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