The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
I bought on a brokers recommendation, and it has paid off so far - I agree that this is LT, but it is interesting to see fairly sharp fluctuations daily and a small spread - might be worth some day trading, although I have not done so, just topped up on the dip at 210.
can't say i follow it closely, as frankly i am too lazy, but i am happily long here. atb.
Nice to see recovery! Anyone else following this share closely?
Spoke too soon!
Good to see a lift after the days of decline - hope it holds! Seems to fluctuate quite widely during a normal day even with low volume trades.
Anyone know the SP from when john laing was previously listed?
when should we expect to hear about dividend levels?
Just letting the games of the wider market play out. Sold out at 228 with profit, looking for a sub 210 entry again.
added on dip
Same again this week but all in line with general uptrend. General market uncertainties only I believe.
I wonder who is offloading
Doubt we'll see that, however a price range of 260 - 275p is achievable and would imply a market cap of £1bln, which is arguably what the company should be valued at today.
To see this share trading at 3 pounds by the summer.
I do love a quiet BB. Let the SP do the talking
JLG tipped in The Times last week, GLA
resilient
3 month chart looks impressive mind, only covers period since ipo but shows a clear direction of travel
Yep, trading at near 6x forecast earning. Very cheap PE ratio. But share price languishing at bottom of IPO range for a while now so still hold reservations on why the market isn't pricing this up to a £1bn company
This is cheap company valued at 6 x annual profit, that is very cheap.
Invested here earlier this week as with all this money printing going on and Governments wanting growth (i.e investing in infrastructure) this share has to be a good bet for the future, backed up by decent results today too. GLA
Were strong. Profit of £120m
REG – John Laing Group plc – Final Results – Part 1 25 Mar 2015 - 07:01 . For best results when printing this announcement, please click on the link below: http://pdf.reuters.com/Regnews/regnews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20150325:nRSY3666Ia RNS Number : 3666I John Laing Group plc 25 March 2015 JOHN LAING GROUP PLC AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2014 John Laing Group plc (John Laing or the Company or the Group) announces another year of growth in profits and net asset value. Financial highlights · Record year for new investments with £217.2 million1 committed to infrastructure projects · Realisations of £198.5 million from the sale of investments · Investment portfolio valuation of £772.0 million, up 13% on 2013 · Group profit before tax of £120.4 million, up 7% on 20132,3 · 23% increase in Net Asset Value (NAV), from £528.0 million at 31 December 2013 to £649.8 million3 · Adjusted NAV per share at 31 December 2014 of 210p (30 September 2014 - 204p, 31 December 2013 - 177p)4 · 28% increase in external Assets under Management to £1,020 million5 Operational highlights · Successful listing on the London Stock Exchange in February 2015, raising net proceeds of £120 million · Further international growth with two investment commitments in Australia and one in the US · Expansion of renewable energy activities, including the Group's first investment in a biomass project · Both phases of the Manchester Waste project, one of our largest investments, operational from January 2015 · Launch of JLEN in March 2014, a listed fund targeting environmental infrastructure investments · £100 million special contribution in February 2015 to reduce our pension deficit as part of the IPO process Olivier Brousse, John Laing's Chief Executive, commented: "I am pleased to announce strong growth in NAV and an increase in like-for-like profits. Now that we have completed our IPO, we can concentrate on continuing to grow our business, in particular our international investments. Our track record and our forward pipeline continue to provide us with confidence for the future."
compadre, you taken any yet? should be a good solid divi stock for low inflation/deflationary environment.
John Laing schedules FY results 3 March 2015 | 08:43am John Laing, the leading originator, active investor and manager of international infrastructure projects, intends to announce its results for the 12 months to 31 December on 25 March.
Again see large late reported trades that are not reported until market has closed all buys been happening for weeks