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.
no complaining. A number of investores especially the long term ones have lost a packet and you have made money so be grateful and give some to charity like Great Ormond Street or the Air Ambulance. The balance into high dividend paying shares like HSBC and Vodafone especially if your money is in ISA (only my opinion). Still nursing my excesses with Globo but recovered some at Laird
a buy?
Patience Wily, it is in play and buyout documents are not going out until mid April. in the meantime, J O Hambro and others are beginning to take positions. It is not over until it is
Shore Capital have put a BUY on the shares today at 200p - what do they know that we don't :)
According to the FT, Institutions own less than 40%
Well I was so ****#d that I assumed management had thrown in the towel and abandoned the shareholders, little did I realise they were cooking up a cheap sell off to line their pockets IMHO at the expense of long time holders.
Moniman...well done for sticking with it and making so much, even whilst you we're of the opinion it was going to zero..
82% really? The report suggests they have approval from Institutional shareholders and management amounting to 27% not 82%. In this space, Laird is way too small to survive independently. A larger company with liquidity needs to resource their future development. If Advent succeed, �1 billion is petty cash for them and in a couple of years they will sell on having beefed up the profits. Remember this company was in trouble and about to break its lending covenants and had to get a Rights issue to shore up the finances It is stable but the CEO and CFO have highlighted choppy waters ahead so frankly the price at this stage is okay unless they are trumped by a Korean, Chinese or US buyer. Even at 200p, the Company has lost around 40% value over 12/18 months which proves the point I am making
Institutions own 465m shares ie 82% of all shares (and insiders own v little). Wont they have to approve the sale? Company in undervalued, especially based on potential. A tech company sold for approx P/S 1?! �2 only 20% higher than last 1/2 year results spike to �1.65. Bidding war highly likely?!
Happy overall as the price represents a 65% gain for me. The only problem is what to do with the proceeds. Heavily in cash at present as I see little value elsewhere. This was great from a value and growth perspective and Advent agree. Even with a 70% premium to yesterday�s price. Not that many clear winners out there to invest in.
Well done for holding on. There's a high probably the insiders have been at work here, but they will no doubt cover their tracks..Champagne tonight
Moniman, dont be greedy. you are �300k up and perhaps a counter offer may emerge at 250p so all good news here now + as it is in your pension, no tax to pay There are lots of losers sitting at above 300p cost and will lose a packet here. This is a small company in this space and needs to have massive liquid resource to invest and cant survive on its own I wonder if the 2 million bought yesterday at 9 am was insider trading? or just a speculative buy? could have been Advent. we will know if that was part of a stake build. I have a much smaller holding of 45,000
It just looked like it was going that way, but hey management have still deceived everyone because the SP has dropped too much. Cooper Industries were offering 215p 8 years ago when the company was less than half the size. The offer should be 250p and maybe a hostile bid will come in from someone like Eaton who took over Cooper Industries.
...The long awaited t/o has happened. I was in was in here at 116p about a year ago, took up the rights and hung on until I was tempted by 160p back in October. Made a decent return and always intended to get back in. However the SP only went one way and I couldn't find the right time, always looking for an upturn that never came. I'd decided to wait for the results and then make a decision. Well, the results are good, but I've missed the boat. Well done to all those who bought in the low 100's, but spare a thought for those LTH's who are losing out badly. Personally, I always believed LRD would turn around and repay the loyal holders, they are a good, solid company. It just seems sad that now the hard work is starting to pay off, the gains will go to a private company.
How many days to zero....
Well I have to declare that my intense interest here has been because I bought Laird six months ago at ave of 140 for my pension expecting dividends and steady growth but have been ****#d off with fall. I have to declare I have 500,000 shares so champagne tonight guys....yippee yippee yippee GLA who held their nerve here yippee again.....
That's all good but my average is �3.53 so on a loser here.....The results look fine as well
What did I tell you....lol
Christmas came early .....
Recommended cash acquisition, 200p.
Looks like shorts are closing 2million shares bought at 9.00 today?
Last chance saloon tomorrow. Moniman, I hope you are right and there is a takeover at say 200p and suddenly a competitive bid emerges and the company is sold off around 250p. Is it fantasy? tomorrow will reveal the true status. All the noises have been positive from Brokers, Nomads and others but the shares have only headed south.
Well D day is approaching , with SP still 25% down since October Q3 trading statement. Let's hope for another positive statement for Q4 and squeeze on any shorts.Provident Financial really burnt the hedge funds today with90% rise on rights issue. Better still let's hope hostile takeover from Chinese....as current management lacklustre performance.
Yes I saw it, but doesn't make sense as no official statement from Laird. Also Berenberg issued another buy rating on Friday with new target of 195p...
Got a notification from 4traders today to advise that results will be below analysts projections. Anyone else see this?