We would love to hear your thoughts about our site and services, please take our survey 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.
Hi, can I just ask someone who recently invested what their main reason was given that the PE ratio is crazy high at 60x and the threat of a recession and market crash would hit this stock hard?
At least it looks like LSEG seem forward looking by being open to link to the crypto world and the dark side of Decentalised Finance.
https://cryptonews.com/news/allianceblock-to-offer-defi-bridge-to-london-stock-exchange-10094.htm
FireAnt - I agree and am sure this will bounce back later in the year. I have been in LSEG to a greater or lesser extent for some time but sold most of my holding earlier this year at £96. I've been accumulating my holding back in chunks from £83 all the way down to present levels. In retrospect, I wish I'd held off a bit longer and not started re-accumulating at £83, but hey, hindsight is a wonderful thing. At the time, I thought £83 was a gift! Holding over 800 shares now and will just keep adding more if it continues to slide, for I remain bullish about the long term quality of this stock.
RhyzG - I don't believe that Qatar Holdings have reduced their position in terms of the number of shares they hold. If you look at their RNS, it does not state that it was a sale. I think you'll find that their percentage of ownership has been diluted by the issue of additional share capital. The RNS the day before set out the increased figure of shares now in issue, to be used by significant holders to declare their percentage of ownership. This led to a requirement for Qatar Holdings to declare their slightly diluted interest. They have simply been diluted in the same way that I or any other investor in the company has.
FireAnt: I’m under the same impression, Market needs a correction, If you follow the pattern we had recession every decade /80-81/ 90-91/99-2001/2008-09/2020-21. My analysis tell me that LSEG will go further down and it is the best opportunity to average down. To re-iterate LSEG is moving towards Data/Analytics Provider which is a massive shift and before we can see any benefits the management must put their act together with the take over of Refinitiv.
Thomson are offloading shares, so are directors and yesterday Qatar Holding reduced their exposure by 0.5%. ALL these indicators don’t work in favour of LSEG. IMHO i will wait for things to stabilise before putting any more money in LSEG perhaps until June.
From Thomson Reuters RNS :
On January 29, 2021, Thomson Reuters and private equity funds affiliated with Blackstone closed the sale of Refinitiv to LSEG in an all-share transaction. Thomson Reuters now indirectly owns LSEG shares through an entity that it jointly owns with Blackstone's consortium and a group of current and former Refinitiv senior management. On March 19, 2021, as permitted under a lock-up exception, Thomson Reuters sold approximately 10.1 million LSEG shares for pre-tax net proceeds of $994 million. Over the course of 2021, Thomson Reuters will pay approximately $225 million of tax on the sale of these shares and will use the after-tax proceeds to pay the approximately $640 million of taxes that became payable when the Refinitiv sale closed. As of May 3, 2021, Thomson Reuters indirectly owned approximately 72.4 million LSEG shares which had a market value of approximately $7.4 billion based on LSEG's closing share price on that day.
until you sell. I hope it keeps going down,iam getting my Lloyds divi on the 25 May and this one on the 26 May. they are going in this,so the more it drops the more shares i get
FireAnt : You wouldn’t feel comfortable for long if LSEG keeps going down at this rate. Well if brokers rating were to be trusted Rolls-Royce is worth 56-60p. An engineering Marvel trading in pennies. Like Trump says - FAKE news ….. lol
FireAnt: LSEG is 8th on the list of top 10 , It has been falling like house of cards for last 2 months. Would i buy more ‘NO’ would I trade on a 100-200 points everyday - YES. Perhaps 70 is the correct value for LSEG. Till I see positive outlook on LSEG it is just a matter of blocking your money. Again depends how you look at it Long term or Short Term.
1) New York Stock Exchange (NYSE), US
2) NASDAQ, United States
3) Shanghai Stock Exchange (SSE), China
4) Honk Kong Stock Exchange (SEHK)
5) Japan Stock Exchange (JPX)
6) Shenzhen Stock Exchange (SZSE), China
7) EURONEXT, Europe
8) LSE Group, UK and Italy
9) National Stock Exchange (NSE), India
10) Toronto Stock Exchange, Canada
Think 73 should be the bottom if this drop is due to ex div
Stevie: I don’t know what you going on about, Apendragon and I are having a healthy conversation about LSEG and future prospects and how they are dealing with this acquisition. If you go back and read my post I mention LSEG is worth £115 this year if they can get the benefits out of refinitiv and then you come along and talk about Buffett and Munger and SP and value. Speech is silver but Silence is golden.
Have a great weekend.
Rhyz/ i came from Londons working class,i now live in a leafy London suburb,so what!! Its got nothing to do with investing. Buffett and Munger came from the middle classes,not the "wealthy" I just look at their track record, Theres hundreds of videos of them on Youtube. They are not the only ones i follow,but i only follow the ones who have made money over the medium to long term. I am not interested in short term investing,iam buy a piece of a business not a lottery ticket
I’m referring to Charlie Munger I don’t know who you referring to Stevie. Pocket Money in early 1900 that must be something ludicrous. my dad is a commercial pilot and i just asked him if he had any pocket money, he gave me a weird look and said I had to travel 3 Kilometres to get education.
Rhyz/ Buffett started investing at 9 with pocket money. Munger has never "work for" Buffett. They are known for Intrinsic value investing. If you are going to do research please get it right
Stevie: I see that you talk about Buffet quite a lot, a wealthy person becoming more wealthy is no surprise. He has gone to Wharton Business school and Columbia Business School. I have high regards for that bloke but he did not make his money from Scratch. If you have some of your own experience to share I’m more than willing to learn from you but if you are going to sing to the tunes of Buffett and Munger ( who worked for Buffett) I would rather read about them myself.
Rhyz, You dont know the difference between the SP and share value. The likes of Buffett and Munger take no notice of the SP,infact when they buy a company,without looking at the SP, Especially now that the share prices are manipulated by algorithms
Amsterdam stock exchange has already overtook LSE in terms of total transactions wait till the EURO exchange clearing moves to EU (France/Germany) before $h1t hits the fan. Also I suggest check how much forex (EURO) clearing contributes to UK’s economy to understand the impact when it moves to EU. Needless to mention financial system was never part of BrExit Trade deal.
Euronext is a bigger stock exchange compared to LSE, LSEG Understood this impact so they bought Refinitv to establish themselves as data & analytics provider, but so far amalgamation of 2 businesses have been diabolical.
StevieWonder I’m not surprised you are looking after yourself and there is nothing wrong with it. You may have made your millions but you are absolutely wrong in saying management don’t run the market, they do and by building confidence in their product.
I would be slightly less p.i.s.s.e.d. if management held on to their shares but they are not.
Totally agree. LSEG needs an activist investor to light some fires under director bumholes. They are dishing out shares like conffetti to managers and by their actions do not give a damn about private investors / shareholders.
Tim Cook only received that substantial reward because he did hit extremely high targets. The LSEG fat cats are doing f.u.c.k all and getting paid for it
The management is running the company not the markets. The LSEG results have been good. Personally i would like to see the SP fall, so i can buy more.
Apendragon : I agree on your statement regarding management. £8 billion were wiped out since March 5th and the management has done nothing, at least some press release to put investors at peace instead salary hikes absolute p1$$ take. On the other hand Apple awarded shares to Tim Cook worth millions with a caveat that the apple should hit certain profit targets.
Frankly I’m livid to see a FTSE 100 company lose 20% share value in a week. That’s just not acceptable.
was disappointed to see the large amount of director sells yesterday. bit of a ****take if you ask me.
can easily see this drop back to 5000 with this management in place. The only option for growth is to sack the lot of them and replace them with people who know what they are doing. I dont get that impression from the current lot in my humble opinion
I reckon below 73 may go back to 69 before It bounces back and if this breaches 69 it’s heading towards 58. I hope it doesn’t I’ll lose awful lot. This share has been on an upward trajectory for last 5+ years. I still think it has the potential to hit £115 this year, LSEG are the market leader now leaving behind Bloomberg, if they get their act together.
RhyzG, I agree with you that probably cheaper to build their own and make it a better version rather than dealing with the legacy system. However gaining client would be tough as people hate to change vendor unless they have to and that's the premium they would be pay for. Director selling is rather clever, as there is always a drop after ex dividend. I sold half of my stake too. Was surprised to see very little of it yesterday though. This could go to 73 in next couple of days.
That being said the other day I say 42 Million dumped in the marked (in an individual transactio)n on my Bloomberg terminal and share price dropped fom £77+ to 74 the next day.