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Hi
I been in ldg for more than five years bought sold many times been a good friend for sure. I hope I will go above 20p this year !
fat fingers.. 16p not 26p
I really hope you are right Bergcals. Although some who were not willing to sell at 26p before may in fact be willing to do so now. I won't wait to 19p I don't think.
I think all shareholders that were happy with sub 16p sold out on the last share buyback. With those now out of the picture I can see it going 19p +
Dont forget the companies assets plus cash are now considerably more than this time last year.
Value per share taking all our assets plus the value of our investments must be north of 21p and rising
Agree with all below. I think they will to release an RNS like last time. The investments are are all doing well so hopefully that coupled with buyback will result in a steady rise. I had planned to exit at 15p but am now thinking of holding.
They will probably issue a circular, it will be similar to the one the issued in the RNS on 14th Jan 2022.
The share buy back will most likely commence a few weeks later.
Best to be in before circular RNS
Hi Pat
I think they've made millions on all their recent investments.
Don't know the exact figure but with all the cash the company holds plus value of the shares they've purchased, the value per share must be well north of 21p
I see Finsbury have acquired Lees Foods, that might explain the increase in FIF's SP and knock-on effect to LDG SP.
Haven't had time to look at the detail but undoubtedly any growth in LDG's investments good for LDG/DBay.
Hi Leedsman - good question, wouldn't they have had to RNS if they were going ahead with the buyback, or at very least update progress of the buyback like they did last time?
Interesting to see what happens here - SP last September was around 12p and the trend since seems to be generally up.
Beginning to wish I'd bought back in then, not currently invested here but watching still the same.
Has the share buy back started. I have heard it has and also heard it has nit.
Finsbury foods now a pound a share. Results and share buyback announced will see this move again. No brainer investment.
Very quiet at the moment but still excited for what is ahead, final results in April will be very interesting but should have some news before then … hopefully
Fingers crossed Ryno. You would hope this buyback does more for us shareholders than the last one.
Hopefully, this year we will see this share build from a strong platform created in 2022. I'm hoping tomorrow for the first RNS of the year outlining the new buyback. All the best
RNS TODAY
LDG is pleased to announce that it has acquired 12,845,000 ordinary shares in Alliance Pharma plc ("Alliance") (LON:APH) at an average price of £0.4611 per ordinary share, for a total cash consideration of £5,922,820.
Following these purchases, LDG is interested in approximately 2.38% of Alliance's issued share capital.
Alliance is an international healthcare group founded in 1996 and headquartered in the United Kingdom. The company acquires, markets, and distributes consumer healthcare and prescription medicine products.
For the year ended 31 December 2021, Alliance reported an underlying pre-tax profit of £42.2 million. As at 30 June 2022, Alliance reported net assets of £296.9 million.
Looking for forward to the new year and what it will bring of Ldg best of luck all and hope you all have a lovely Christmas and new year
Slow and steady will do me!
They haven't approved or begun the 'further buyback' yet, when they do it will be RNS'ed then further RNS updates as the buyback progresses, at least that's what happened last time.
I have nothing spare to invest here at the moment but if another holding comes good (BIG IF!) then I might be able to sell something to have another dabble here. Only time will tell.
Watching with interest though.
Saw a lot of activity yesterday. Everything crossed this has more positive movement during this 2nd share buyback
Started yesterday and looks like same today
You snooze, you lose
Hi Patshare.
Ah I see. I thought they had the shareholder approval.my mistake. I am etill (over) invested so really hoping they get the approval and go ahead and that it has a positive effect on the price.
Hi Leedsman, thanks, nice to know my updates were appreciated.
Nothing to report yet, they still need to obtain shareholder approval before they go ahead with the further buyback, if indeed they decide to.
I'm no longer invested here but keeping an eye as I find this particular stock quite interesting, and seemingly safer than most. Whether I'll do the updates again if they do go ahead will depend on how busy I am at work, we'll see.
I may re-invest if they do as that should hopefully push up the SP and could make a few quid here with any luck.
Cheers, Pat.
Hi Pat
I was looking forward to your share buy back updates like last time. What's happened? ??
Morning Bergcarls
I agree, probably about as safe as it gets, certainly compared to other companies I've gambled my money with :-)
20p sounds about right from memory although we still don't know what came of their CTH investment, still invested or took the 750p that was on offer? If they did it would have boosted the coffers a fair bit.
If you are saying they want to buy shares back - effectively at a discount to current NAV - does that mean DBay/LDG believe there is a much greater future value to this than anyone else thinks?
Hmm.... Interesting.
Morning Pat
Can't say I fully understand all the goings on.
Way I see the situation is we have shares in cash/stock rich company with no debt so very little risk.
Dbay make money and will continue to do so I have no problem holding.
I think the true share value is 20p plus and that's why they want another share buy back.
They know what's in the pipeline and want to buy our shares at a discount.