Lords Grp Tr Share Price (LORD)

I remain bullish here. A big seller on the book, and maybe the former CFO?

Unless news has been leaked this has been well oversold and massively undervalued ..

BV Capricorn

Tom - see 24/1/24 RNS (trading update) - profit was slightly down against very tough market conditions. The below are not my words and I’ll leave you to work out the rest. BRV Capricorn

………..

“The recent trading update evidences the resilience that the group continues to show throughout what have been challenging market conditions across the sector, notwithstanding inter alia increased interest rates and the macro-economic backdrop.

A key tenet of the Lords Group culture remains the development and support of our colleagues and, with Chris having previously taken on additional operational responsibilities as COO alongside his CFO role as part of his ongoing development, the Board had taken the view that (in the event that the transition became even further operationally focussed) a process should be commenced for a CFO to work alongside the rest of the existing executive management team. This commencement of this process has therefore enabled the Board to be well advanced at the time of Chris deciding to take up another opportunity. We wish him well for the future and he leaves as a member of the Lords family.

We remain aligned that the long-term prospects of the Group are not currently reflected in the share price”.

…………

Billy, what makes you think 2023 results will be good? It was a tough year for building supplies. I am invested here + eurocell + brickability on the basis they're recovery shares but I see that being a 6 - 18 month time horizon.

Notice of results should be out soon for FY23.

Expecting a solid set of final numbers and a good dividend.

The next acquisition shouldn’t be far off.

This company will be a firm target at this super low and undervalued SP

BRV Capricorn

Expected this to be at 65p by now. Everything I’ve said will come true but for whatever reason the MM has fooked around and purposely kept it lower. This will be a great year with strengthening sales, growth, acquisition and a higher dividend .

BRV Capricorn