If you would like to ask our webinar guest speakers from WS Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund a question please submit them 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.
Is Lavendon Group plc’s Fuel For Real? The Stock Just Increased Again August 18, 2016 Marguerite Chambers The stock of Lavendon Group plc (LON:LVD) is a huge mover today! The stock increased 9.17% or GBX 10.25 on August 18, hitting GBX 122. About 6.77 million shares traded hands or 4668.41% up from the average. Lavendon Group plc (LON:LVD) has declined 5.43% since January 19, 2016 and is downtrending. It has underperformed by 20.87% the S&P500. The move comes after 5 months positive chart setup for the GBX 207.32 million company. It was reported on Aug, 19 by Barchart.com. We have GBX 273.28 PT which if reached, will make LON:LVD worth GBX 257.08 million more. Out of 5 analysts covering Lavendon Group PLC (LON:LVD), 5 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 275 is the highest target while GBX 229 is the lowest. The GBX 242.80 average target is 99.02% above today’s (GBX 122) stock price. Lavendon Group PLC has been the topic of 22 analyst reports since August 28, 2015 according to StockzIntelligence Inc. Lavendon Group plc is a United Kingdom firm engaged in the rental of powered access equipment. The company has a market cap of 207.32 million GBP. The Company’s divisions are the UK, the Middle East, Germany, France, Belgium and Corporate. It has a 24.94 P/E ratio. The Company’s business includes Nationwide Platforms, Rapid, Gardemann, Lavendon France and dk rental.
Correction on the holdings RNS I thought it was the 3 million purchase but it appears Blackrock were reducing. I'm guessing it was an II.
We should see a rise next week, resulting from the recent confidence boosting holdings RNS, the dividend date and results due and they are expected to be in line with expectations or slightly better resulting from the exchange rate.
Very true, provides confidence either way, £6 million or £3 million is not something you would risk reducing or losing. I'll follow big money like that any day over the typical penny share gambles.
Agreed that this is way oversold but not sure about the 2 trades over £3m each!! If you noticed they were both of exactly the same amount about 3 minutes apart so probably a rollover.
So yesterday saw 2 trades of over 3 million pounds each. This share has more potential than most on AIM. With II's clearly willing to invest large sums of money. The company have produced year on year increases in revenue and stand out from their rivals who have failed to achieve. Brokers rate the company at over £2.50 and yet the share sits at nearly £1.00. Results are due and are expected to be on target to better last year's results. The company are expected to benefit from the exchange rate providing better profits. Not to mention they provide a health dividend which again has grown year on year to over 5p annually. The second dividend date is due to be announced in August with the results. Over 10% rise yesterday, I'd be quite happy to stay at this level to continue to increase my holding here prior to the world cup in 2022 where I see this company at over £4.00 potential. It would appear sentiment is changing as II's are investing in the equipment renting market once more.
think there could be a 10p profit in share price 3 weeks time, first need to see how much my barc shares rise.
Good fundamentals and trading update. Thinking of buying back in with short term 150p target. Any thoughts out there as every time I buy something it drops like a stone?!
Peel Hunt reiterated their Buy and 275p target price: Http://www.ftsenews.co.uk/2016/07/21/lavendon-group-plc-lonlvd-issued-with-buy-rating-at-peel-hunt/
Good review of LVD's update here: Https://www.fool.co.uk/investing/2016/07/14/should-you-buy-mccolls-retail-group-plc-lavendon-group-plc-and-btg-plc-following-recent-news/ "A bubbly trading update has sent Lavendon Group’s (LSE: LVD) share price shooting 9% higher in Thursday trade. The power equipment provider — which collapsed to four-year lows last week — advised that total revenues leapt 15% during January-June, while rental revenues advanced 13% from the year-ago period. Lavendon therefore “remains confident of delivering its expectations for the full year,” it advised, and with good reason: market share grabs are helping to drive sales higher in the UK, Lavendon’s largest single market. Meanwhile, investors fearing a Brexit hangover can take heart from Lavendon’s hefty overseas exposure. The Middle East and Continental Europe are responsible for 29% and 27% of group revenues respectively, and sales in these regions continued to climb in the first half. I believe a forward P/E rating of 6.8 times makes Lavendon an attractive stock selection looking ahead."
Good, solid update today. Very positive phrases used, including "the encouraging trading performance in the first half", and "the Board remains confident of making further progress during the year and delivering on its expectations for 2016." Some minor negatives like margin progression being tempered by added investment, increased debt and exceptionals, but these all reflect the continuing growtha nd confidence of the company. Nice note about the positive effect on LVD of sterling's weakness too. Peel Hunt reiterate their Buy and 275p price target: Http://www.risersandfallers.com/2016/07/14/lavendon-group-plc-lonlvd-receives-buy-rating-from-peel-hunt-analysts/
Share price is at a discount to asset value. Crazy....
LVD Lavendon Base breakout. http://content.screencast.com/users/marketsniper/folders/Default/media/4ce61d32-7fff-432a-b1d9-0884f696f267/lvd%202.jpg
Berenberg (who have a 230p target) analyst comment here: Http://citywire.co.uk/money/the-expert-view-berkeley-saga-and-ashmore/a902006#i=6 "Lavendon continues to differentiate itself Equipment rental company Lavendon (LVD) is differentiating itself through higher margins on specialist equipment. Berenberg analyst Sam England retained his ‘buy’ recommendation and target price of 230p on the shares, which rose 2.3% to 147.8p yesterday. ‘Lavendon released a positive first quarter trading update last week that highlighted continued strong momentum in the business, particularly in the UK, France and the Middle East,’ he said. ‘Fleet investment in 2015 has driven this acceleration, with total revenues up 13% and rental revenues up by 9% year-on-year due to increased utilisation on the enlarged fleet and mix improvements. ‘We continue to believe that, while sentiment towards equipment rental companies remains mixed, Lavendon is a differentiated player in the space, benefiting from higher margins on specialised equipment, high utilisation rates and a low-cost depot estate.’ "
Berenberg (who have a 230p target) analyst comment here: Http://citywire.co.uk/money/the-expert-view-berkeley-saga-and-ashmore/a902006#i=6 "Lavendon continues to differentiate itself Equipment rental company Lavendon (LVD) is differentiating itself through higher margins on specialist equipment. Berenberg analyst Sam England retained his ‘buy’ recommendation and target price of 230p on the shares, which rose 2.3% to 147.8p yesterday. ‘Lavendon released a positive first quarter trading update last week that highlighted continued strong momentum in the business, particularly in the UK, France and the Middle East,’ he said. ‘Fleet investment in 2015 has driven this acceleration, with total revenues up 13% and rental revenues up by 9% year-on-year due to increased utilisation on the enlarged fleet and mix improvements. ‘We continue to believe that, while sentiment towards equipment rental companies remains mixed, Lavendon is a differentiated player in the space, benefiting from higher margins on specialised equipment, high utilisation rates and a low-cost depot estate.’ "
<b>Lavendon Group plc 55.1% Potential Upside Indicated by Berenberg</b> Posted by: Katherine Hargreaves 19th April 2016 Lavendon Group plc using EPIC/TICKER code LON:LVD had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Lavendon Group plc are listed in the Industrials sector within UK Main Market. Berenberg have set a target price of 230 GBX on its stock. This would imply the analyst believes there is now a potential upside of 55.1% from today’s opening price of 148.25 GBX. Over the last 30 and 90 trading days the company share price has increased 3.75 points and increased 23.25 points respectively. Lavendon Group plc LON:LVD has a 50 day moving average of 142.63 GBX and a 200 Day Moving Average share price is recorded at 153.64 GBX. The 52 week high for the share price is currently at 211.5 GBX while the year low stock price is currently 120.75 GBX. There are currently 169,711,557 shares in issue with the average daily volume traded being 318,147. Market capitalisation for LON:LVD is £251,597,202 GBP.
LVD Lavendon On the brink of a breakout from the base range pattern. http://content.screencast.com/users/marketsniper/folders/Default/media/1d0defdf-ec05-4af9-af1f-dc389049a3fa/lvd%201.jpg <b><u>Company</u></b> Lavendon Group Plc engages in the business of renting powered access equipment and the supply of related products and services.It operates as a professional access rental company that provides rental powered aerial work platforms in Western Europe and the Gulf States <b><u>Valuation 2016e 2017e</u></b> P/E ratio (Price / EPS) 12,4x 11,1x Capitalization / Revenue 0,94x 0,91x EV / Revenue 1,24x 1,18x EV / EBITDA 3,65x 3,53x Yield (DPS / Price) 3,95% 4,16% Price to book (Price / BVPS) 0,91x 1,69x
Lavendon Group plc 100.7% Potential Upside Indicated by Peel Hunt Posted by: Katherine Hargreaves 14th April 2016 Lavendon Group plc using EPIC/TICKER code LON:LVD had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Peel Hunt. Lavendon Group plc are listed in the Industrials sector within UK Main Market. Peel Hunt have set a target price of 275 GBX on its stock. This now indicates the analyst believes there is a possible upside of 100.7% from the opening price of 137 GBX. Over the last 30 and 90 trading days the company share price has decreased 9.25 points and increased 5 points respectively. Lavendon Group plc LON:LVD has a 50 day moving average of 141.93 GBX and a 200 day moving average of 154.26 GBX. The 52 week high share price is 211.5 GBX while the 52 week low for the share price is 120.75 GBX. There are currently 169,711,599 shares in issue with the average daily volume traded being 307,235. Market capitalisation for LON:LVD is £235,899,123 GBP.
MAIL ON SUNDAY The equipment hire industry has gained an unfortunate reputation for disappointment. HSS Hire has lost 65 per cent of its market value since floating in February 2015. Sadly, Speedy Hire shares have also slumped since they were recommended by Midas that same month. Even Ashtead, their much larger peer, has been affected by concerns about the outlook for the sector. Lavendon Group has been dragged down in their wake. Trading at more than 200p last June, the stock is now 133¼p. But the company is different from its listed rivals and the shares deserve to move higher. Lavendon specialises in powered access equipment – machines that enable workers to operate safely and productively at height. The company’s equipment is generally associated with helping contractors constructing huge buildings such as airports, logistics warehouses and shopping malls. But its kit is also used to install and maintain mobile phone masts and wind turbines, clean high buildings, film events including the Abu Dhabi Grand Prix, and even renovate old structures and buildings such as Clifton Suspension Bridge in Bristol, Cologne cathedral and the Louvre in Paris. Lavendon’s results for 2015 were above expectations and a first-quarter trading update this week should strike a confident note. Brokers forecast a 4 per cent rise in 2016 pre-tax profits to £40.1 million, with stronger growth in 2017. The group is paying a 5.4p dividend for 2015, expected to rise to about 5.8p this year. Midas verdict: Lavendon is suffering by association with the wider equipment rental sector, but it is more specialised than its peers and has a six-year record of profit and dividend growth. At 133¼p, the shares are worth tucking away. Read more: http://www.thisismoney.co.uk/money/investing/article-3532613/SUNDAY-NEWSPAPER-SHARE-TIPS-Lavendon-Group-Burberry.html#ixzz45nlXW9Qh Follow us: @MailOnline on Twitter | DailyMail on Facebook
two v large trades there.!!!!!!!!!!!!!
before results 25th Feb
FPE 7 4.3% divvy NAV 130p Director buys £100K @ 135-138 Ticks a few boxes so Im in, plenty of bargains around it seems
Currently we're the top riser on the FTSE All Share. However, shame we're sitting on a sea of Red. I feel the SP would be higher in a normal Market. Here's hoping things improve generally.
Yes - I took the gamble to buy some more yesterday. Didn't get the bottom but still happy given this update. All the public announcements from this company , plus recent significant director buy , are positive. Also the large CAPEX spend recently shows the directors are either very confident or very incompetent. Hopefully the former .
Healthy looking Trading Update this morning and I agree, the drop is an over reaction over the recent days. Shakey Market doesn't help, but surely we'll see a kick up in the SP. Fingers crossed!