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14 posts and you have an opinion! Shut it and go wherever. I have real money invested and have backed this group and will continue to do so as I do Millwall…. Having met the CEO and CFO, these will rebound. Don’t ever accuse me of ramping. DYOR and look at my prior posts b4 casting stupid remarks!
Ramping…..NO! I’m in for the long term and I’ll leave it there!!!!!!!
And your reason for such a rude response......?then you wonder why others don't respond to your constant ramping
I won’t bother …. fundamentals???????? B s….
Share price still in a decline with little respite. I do think an update from the Company would be beneficial, even just to reassure Investors.
My own belief is that external Market dynamics are affecting sentiment, rather than any fundamentals associated with Lords Group. To date they have demonstrated their success in both organic and acquisition growth, albeit in their last report they reference the slowdown in the UK Building and Construction sector.
And there is the issue; Lords Group has a very wide portfolio of different businesses and products, so largely not reliant on just one segment / niche of the Building Industry. Yet Market Sentiment ( and the MM's) appears to adopt a disproportinately negative view and that's reflected in current Share Price.
I'm still a firm supporter of the company, would like to think it can recover to the Analyst's Projections of 100p + soon; I think thats unlikely until the second half of 2024 but I'm sticking with it.
Always the MMS are quick to drop this SP regardless of demand outweighing supply. Need to get an update on financials but I feel the quality of goods and service will be the platform for decent sales and underlying profitability with a good dividend yield. Analysts rate this as a buy with an SP target of 120p (H) and 102.5p (L). I estimate fy23 revenue of £450m, gross profits £28m and net £15m. These will be record numbers and maybe, just maybe, the market will wake up as LORDS is way ahead of it’s peers.
EPS WERE DOWNGRADED 0.2p TO 8.3p WHICH FRANKLY DOESN’T WARRANT A SP REDUCTION OF 36%! EPS WILL BE IN LINE WITH ESTIMATES AND LIKELY OUTPERFORM. A PRICE TARGET OF 120p IS A LONG WAY OFF BUT AT SUB 50p, THESE ARE RIDICULOUSLY CHEAP…HOPEFULLY THE MARKET WILL WAKE UP AND RATHER THAN SELLING AT SIGNIFICANT LOSSES, BUYERS WILL SEE A DIVIDEND YIELD OPPORTUNITY OF 4% LUCRATIVE! AND BUY BUY BUY!
Need urgently a trading statement to provide reassurance on what I believe to be a record performance in the group’s history for the current financial year (2023)…the needed spark will arrive….
Consensus Analyst Rating
Buy
Based on 1 Analyst Ratings
Consensus Analyst Price Target
GBX 120
High Prediction GBX 120
Average Prediction GBX 120
Low Prediction GBX 120
https://www.marketbeat.com/stocks/LON/LORD/price-target/
These will take off …not sure why the analysis think this group is not trading well…the group is. Target sp is over £1….so undervalued it’s surreal…more bought today….
Liquidity is short so when the buys start again, this will be driven up sharply. Great dividend yield now so the target Sp of £1 is genuine (see prior posts). Smart money moves in and out for the dividend BUT trading performance will be solid so expect a sharp correction upwards…..
Target price minimum £1 - this will eventually get the markets attention!
https://www.marketscreener.com/quote/stock/LORDS-GROUP-TRADING-PLC-124982788/consensus/
Not sure why this dropped a couple of notches on zero volume but sales are hopefully going to exceed expectations. I can see a rally once this growth is understood by analysts… way under fair value price with good dividend growth to come on improving margins and sales….. target price of 100p imho…. DYOR
I won’t repeat this again……..
Fabulous offering… I won’t call out the all the staff but thanks for a fabulous evening!!!! Sales are sky high… it was a pleasure to experience this enterprise… the SP SHOULD UNDOUBTEDLY BE £1
Looking forward to the recovery. Fair value is 110p…. the IPO targets by eo 2024 will be smashed….the last shareholder update was cautious but trading remains is solid with acquisitions and organic growth. Inflation falling and lower interest rates will reduce gearing costs. All very positive.
So the SP certainly doesn’t do the company justice…but we will see this bounce again…growth plans are excellent…it’s all about diversification and new operating hubs…the profits will follow…..excellent management and staff…prospects are very bright!
I’m fed up being the lone voice. Last week’s crash was absolutely buggery…. A brilliant well managed and solid company. Mr Patel… please confirm that you were being cautious when saying you’ll make £30mil this year … RNS TO FOLLOW… love this co
Glowacki
“ Much more to come??? The trading statement said their markets are stagnating. Due to high interest rates and reduced spending..All of next year trading will remain the same and not materially improve according to CEO.”.
Lords has increased profits and market share, regardless of high interest rates and consumer belt tightening. It has acquired two profitable businesses and has cash available to buy others.
Well run, profitable, acquisitive and funded. A very safe investment, imho.
From the RNS.
“ The Board remains confident of delivering its strategic targets of £500 million revenue by 2024 and EBITDA margins of 7.5% in the medium term, with the Group's colleague and customer focused proposition enabling Lords to take market share, as well as being an acquirer of choice in the market.”
The SP should have risen substantially o the back of solid performance and the outperformance against peers and the sector……
Why this share is crushed is beyond me but I’ll take the dividend and reap my rewards when this company continues to grow and outperform. I have a bitterness for market manipulation which seems to be present in the pricing of this well run company….
You clearly didn’t participate in the shareholder presentation…stagnating no….good luck on your shorting…