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Down 9% on no news.
Nice half a day of Blue and the SP appears more stable. Yes, good Broker Updates. Happy New Year All !
Worth a read. http://www.iii.co.uk/articles/282763/stockwatch%3A-handful-reasons-buy-share
Hey Baz, I'm with you, looks good, time to jump in Monday!
Lavendon Group plc (LON:LVD)‘s stock had its “buy” rating reissued by research analysts at Peel Hunt in a research report issued on Wednesday, MarketBeat Ratings reports. They currently have a GBX 275 ($4.14) price objective on the stock. Peel Hunt’s price target points to a potential upside of 94.35% from the company’s previous close. http://www.storminvestor.com/lavendon-group-plc-lvd-rating-reiterated-by-peel-hunt/162137/
Massive volume again today. Not 100% convinced but maybe the bottom reached? NAI DYOR
Home » Reports » Broker Ratings » Lavendon Group plc 103.7% Potential Upside Indicated by Peel Hunt broker ratings Lavendon Group plc 103.7% Potential Upside Indicated by Peel Hunt Posted by: Ruth Bannister 2nd December 2015 Lavendon Group plc using EPIC/TICKER code LON:LVD has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Peel Hunt. Lavendon Group plc are listed in the Industrials sector within UK Main Market. Peel Hunt have set their target price at 275 GBX on its stock. This indicates the analyst now believes there is a potential upside of 103.7% from the opening price of 135 GBX. Over the last 30 and 90 trading days the company share price has decreased 10 points and decreased 47.5 points respectively. http://www.***************************/lavendon-group-plc-103-7-potential-upside-indicated-by-peel-hunt/412685988
The last three weeks have seen significant increases in weekly volume. The bottom may well be in here methinks. NAI DYOR
Lavendon Group plc 65.9% Potential Upside Indicated by Canaccord Genuity Posted by: Ruth Bannister 20th November 2015 Lavendon Group plc using EPIC/TICKER code LON:LVD has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Canaccord Genuity. Lavendon Group plc are listed in the Industrials sector within UK Main Market. Canaccord Genuity have set a target price of 229 GBX on its stock. This now indicates the analyst believes there is a possible upside of 65.9% from the opening price of 138 GBX. Over the last 30 and 90 trading days the company share price has decreased 19 points and decreased 44.75 points respectively. http://www.***************************/lavendon-group-plc-65-9-potential-upside-indicated-by-canaccord-genuity-2/412684666
Lavendon Group plc’s “Buy” Rating Reaffirmed at Canaccord Genuity (LVD) Posted by Deane Yates on Nov 20th, 2015 // No Comments Lavendon Group plc logoLavendon Group plc (LON:LVD)‘s stock had its “buy” rating restated by Canaccord Genuity in a research report issued on Tuesday, AnalystRatingsNetwork.com reports. They currently have a GBX 250 ($3.80) price objective on the stock. Canaccord Genuity’s price target points to a potential upside of 87.97% from the stock’s current price. http://midsouthnewz.com/canaccord-genuity-reaffirms-buy-rating-for-lavendon-group-plc-lvd/25932/
Panmure Gordon reaffirmed their buy rating on shares of Lavendon Group plc (LON:LVD) in a research report report published on Tuesday morning, AnalystRatingsNetwork.com reports. The brokerage currently has a GBX 236 ($3.59) price target on the stock. In related news, insider Kenny,Don acquired 70,000 shares of the firm’s stock in a transaction on Monday, October 26th. The shares were bought at an average cost of GBX 136 ($2.07) per share, with a total value of £95,200 ($144,812.90). http://www.wkrb13.com/markets/915216/lavendon-group-plcs-buy-rating-reiterated-at-panmure-gordon-lvd/
Large volume today (10x average). Overhang clearing methinks.
Paul Scott's opinion on stockopeadia. Paul's Opinion My opinion - I really like this one. The shares look strikingly cheap. Furthermore, it has a sound balance sheet, pays a generous dividend, is on a very low PER, and we now also know that it's trading fairly well. What's not to like?! Maybe I've missed something important, but I really can't see why the market has sold this one off so much lately, there doesn't appear to be any fundamental reason for the recent falls. Therefore, I shall probably be increasing my position size here in the next few days - See more at: http://www.stockopedia.com/content/small-cap-value-report-17-nov-2015-cdog-idox-intq-lvd-mos-blnx-111945/#sthash.2x6ITyiV.dpuf http://www.***************************/lavendon-group-plc-65-9-potential-upside-indicated-by-canaccord-genuity/412684370
Home » Reports » Broker Ratings » Lavendon Group plc 65.9% Potential Upside Indicated by Canaccord Genuity broker ratings Lavendon Group plc 65.9% Potential Upside Indicated by Canaccord Genuity Posted by: Ruth Bannister 18th November 2015 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 Canaccord Genuity. Lavendon Group plc are listed in the Industrials sector within UK Main Market. Canaccord Genuity have set a target price of 229 GBX on its stock. This would imply the analyst believes there is now a potential upside of 65.9% from today’s opening price of 138 GBX. Over the last 30 and 90 trading days the company share price has decreased 23.5 points and decreased 49 points respectively. http://www.***************************/lavendon-group-plc-65-9-potential-upside-indicated-by-canaccord-genuity/412684370
Alliance News Lavendon Confident On Meeting Expectations As Revenue Rises Tue, 17th Nov 2015 09:07 LONDON (Alliance News) - Power equipment rental company Lavendon Group PLC on Tuesday said it remains confident it will meet its profit expectations for the full year as margins and its return on capital employed have continued to improve. Lavendon said its total revenue for the nine months to the end of September was up 1.0% on a like-for-like basis. Revenue from the Middle East rose 7.0% while Continental Europe revenue was up 2.0%, offsetting a 1.0% decline in the UK. The UK arm, however, did improve to a flat like-for-like revenue performance in the third quarter, having posted a decline in the first half. The company said its profitability, margins and return on capital employed have continued to improve over the course of the year and said its accelerated fleet investment is nearly complete. "The group's trading performance in the first nine months of the year has improved across our markets, driving growth in revenues, profitability and margins. The board remains confident of delivering on its profit expectations for 2015, and with the delivery of the accelerated fleet investment now almost complete, we are well positioned to respond to market opportunities as we move into 2016," said Chief Executive Don Kenny. Shares in Lavendon were up 5.5% to 142.38 pence on Tuesday morning, one of the best performers in the FTSE All-Share. http://www.lse.co.uk/AllNews.asp?code=cgb9zfkl&headline=Lavendon_Confident_On_Meeting_Expectations_As_Revenue_Rises Forward PE of 8.3 and a PEG of 1.0 If expectation are met then this does look very cheap to me. Dividend cover of 3.4 suggest that the divi is safe
Rapid Access opens new Riyadh depot Rapid Access, the region’s leading provider of powered access solutions has opened an additional depot in Riyadh to accommodate the growth in demand for its machines in the central region of Saudi Arabia. The new Riyadh depot will be strategic because it is located on Al Kharj road which has easy access to all major projects in Riyadh and links to the entire central region where Rapid Access has seen an increasing demand for its equipment. The depot features dedicated training facilities as well as Rapid Access’ first KSA customer xxperience centre. “Saudi Arabia is a crucial market for our company and that is why we adopted a 360°approach to customer service”, said Paul Rankin, Managing Director of Rapid Access. “Our new Riyadh depot is equipped to, not only serve the increasing demand originating from the central region of the Kingdom, but also offers pre and post-hire services of the highest standards”. Don Kenny, CEO of Lavendon Group said that the addition of the Riyadh depot will allow the company to support all its clients wherever they are. Rapid Access, part of UK based Lavendon Group, a leading company in the rental of powered aerial work platform, has depots throughout the GCC including 3 depots in KSA. The company was established in the region in 1996 and now employs over 250 people and owns the largest powered access fleet in the Middle East. http://www.utilities-me.com/article-3853-rapid-access-opens-new-riyadh-depot/
The CEO is the guy responsible for a flat line SP in the first place! How about a bit more action to drive geographic growth and group revenues? Give the market something to be excited about instead of same old, same old??!!
Good to see a director backing up positive trading statements with £95K of their own money. There is a real difference of opinion between these actions and the markets view of the stock with large drop over the last 3 months. I have been waiting for a director buy to back up their RNS so have sided with them with a top up. This is either a good opportunity of the market reading the share wrong or the directors having rose tinted spectacles. My view is that such a large director buy shows at least some conviction on their behalf and unless they are idiots they should have a good view of future prospects.
UK market still showing little improvement and will come under increased pressure in 2016. The signs of recovery are merely down to a buoyant market. Imo they need to focus more on the international business that can provide lucrative return on capital employed and short term improvement for shareholders
David Buik ‏@truemagic68 15m15 minutes ago Scotland Panmure's Paul Jones posts a 'BUY' recommendation for LAVENDON GROUP
Why are the directors of the company selling their shares? What do they know that we don't?
This is crazy! The market that they operate in is booming, just look at the manufacturers returns. So why as market leader are they only showing modest growth? Mr Chairman put your prices up and get better returns and please stop talking about value in the mid term.
I see nothing to indicate future growth, much less where that growth is coming from. I sold my holding today as it hit my stoploss.
Not a great set of numbers, IMO, and this is reflected in the recent share price reduction.....the CEO seems pleased with his work in the UK and who wouldn't be but in the Middle East the majority of the businesses there are either flat, or declining, in activity, or pricing, or both (see the presentation on their web site) - it's Saudi that's propping up the growth and if that country suffers from any ISIS-led insurrection, then that could spell trouble for 40% of his income. I wonder also whether Lavendon are getting paid in Saudi - a country where being paid is notoriously difficult?!?
Results due on Friday 29th August.