John Laing Group - Live Discussion

oldjoe1 31 Dec 2015

Re: Featured in Shares magazine this week JLG John Laing Group PLC (construction PLUS)Interesting chart and looks ready to break up after a quiet time from when listing. Looks very cheap to me and managed to get some figures to add to the investment case.[link] =Insiders move on John Laing.Between them, two principal insiders at John Laing (JLG) shelled out around £293,000 to bump up their personal holdings in the UK infrastructure investment group. The acquisitions by John Laing's chief executive Olivier Brousse and chairman Dr Philip Nolan came on the same day that the group released a broadly positive pre-close update to the market.Total investment commitments now stand at £170m, which is at the upper end of guidance announced at the interim results stage, with realisations on investments approaching the full-year target. Major projects under construction are progressing according to schedule, including the ongoing testing programme on the UK rail network for Phase 1 of the Intercity Express Programme.Once best known as a pure construction play, John Laing is now focused on investments in transport, public private partnerships (PPP), as well as environmental infrastructure projects. Arguably, this lends a slightly more defensive quality to the investment case for the group.IC VIEW:The stock also has attractions for income seekers given a forecast yield of around 3.6 per cent based on a low pay-out ratio relative to net income, which suggests there’s potential upside on offer. The shares now trade in line with the group’s 200-day moving average, but they're changing hands at a paltry six times forecast earnings. With strong earnings growth predicted through 2016, we think it highly likely that the shares will re-rate in due course. We remain buyers.

LoadsaDosh2 16 Nov 2015

Featured in Shares magazine this week November 12th issue. 4.6% yield and 20 year record of growth. This pullback does indeed seem a good buying opportunity.

oldjoe1 12 Nov 2015

Re: JLG, Looks Like Time To BUY............ John Laing Group PLC 24.3% Potential Upside Indicated by Barclays CapitalPosted by: Ruth Bannister 11th November 2015John Laing Group PLC with EPIC/TICKER LON:JLG has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Barclays Capital. John Laing Group PLC are listed in the Financials sector within UK Main Market. Barclays Capital have set a target price of 240 GBX on its stock. This would imply the analyst believes there is now a potential upside of 24.3% from today’s opening price of 193.1 GBX. Over the last 30 and 90 trading days the company share price has decreased 3 points and decreased 29.4 points respectively. John Laing Group PLC LON:JLG has a 50 day moving average of 200.21 GBX and the 200 Day Moving Average price is recorded at 213.71 GBX. The 52 week high for the stock is 240 GBX while the year low share price is currently 185.6 GBX. There are currently 181,286,729 shares in issue with the average daily volume traded being 650,054. Market capitalisation for LON:JLG is £706,253,765 GBP.

oldjoe1 15 Oct 2015

Re: JLG, Looks Like Time To BUY............ Positive RSI divergence with the SP, very bullish sign.[link]

oldjoe1 15 Oct 2015

Re: JLG, Looks Like Time To BUY............ Chart again 2, will work this time.[link]

oldjoe1 15 Oct 2015

Re: JLG, Looks Like Time To BUY.......... Chart Again.......[link]

oldjoe1 15 Oct 2015

JLG, Looks Like Time To BUY.......... JLGLong JLG John Laing Group, Recent big director Buy, Broker Bullish covering Barclays 240p TGT, chart rising off base<img src="[link] Laing Group share price informationJohn Laing Group plc is an originator, active investor and manager of international infrastructure projects. Our business is focused on major transport, social and environmental infrastructure projects awarded under governmental public-private partnership (PPP) programmes, and renewable energy projects, across a range of international markets including Asia Pacific, UK, Europe and North America. We are one of the world's most trusted brands in the field of infrastructure thanks to our expertise and credentials, with more than 100 projects in the last 30 years. Index FTSE 250Latest share price (p) 192.35 Net gearing (%) 25.33Market cap (£m) 695.32 Gross gearing (%) 25.57Shares in issue (m) 366.92 Debt ratio 23.24P/E ratio 0.00 Debt to equity ratio 0.88Divs per share (p) 0.00 Assets / equity ratio 1.34Dividend yield (%) 0.00 Price to book value 1.07Dividend cover 0.00 ROCE 14.22Earning per share (p) 0.00 EPS growth (%) n/a52-week high / low (p) 240.00 / 185.60 DPS growth (%) n/aJohn Laing Group broker viewsDate Broker Recommendation Price Old target price New target price Notes30 Sep Barclays Capital Overweight 192.35 240.00 240.00 Reiterates28 Aug Beaufort Securities Buy 192.35 - - ReiteratesJohn Laing Group director dealsDate Director Type Volume / price Trade value12 Oct 2015 David Rough Buy 5,000 @ 191.30p £9,565.0012 Oct 2015 David Rough Buy 20,000 @ 192.30p £38,460.00

shovelier 14 Oct 2015

Re: Why the drop Tipped in the Times as a hold with a caveat on the most recent large project into which they have bought. Just market jitters IMHO. The rest of the market is not very clever at the moment so no real reason why this should buck the trend.

triceratops 13 Oct 2015

Re: Why the drop I assume at least part of the drop is to do with Henderson Fund I investors (who hold a big portion of these shares) are selling out after receiving the stock distribution last week. I see these as being good value and have added some more today. Partly because the NAV at end of June was 224p almost entirely made up of the PFI assets. If these are sold to JLIF the quoted infrastructure vehicle which has first refusal on the JLG assets they'd in all probability trade at a small premium as investors pile into the safety of the partially inflation linked pfi assets. So the current vacation implies a negative valuation for the business brand that is John Laing and the pipeline of new business it is bidding on which makes no sense.There is a small pension deficit attached to this but the whole is mostly filled so Im not sure thats a major contribution.I may be missing something here but they do seem a bit of a bargain..tops

jonwig1 08 Oct 2015

Re: Why the drop Trading bots (look at the trades data) trying to sucker inexperienced investors into panic selling. The fact that Henderson's lock-in ended the other day may have influenced it, but the shares seem to have been placed securely.

Hopeful Ali 08 Oct 2015

Why the drop Any views here to account for the recent price drop including today's fa

mcescher 29 Jul 2015

John Laing Group fundmentals report With a PE of 8.9x, what are peoples opinions on whether JLG is good value? I've been researching on here [link]

jonwig1 16 Jun 2015

Re: RNS today No: the £60m was a commitment already in the balance sheet under investments. It just moves to thecash entry.the value of the project equity toJLG was, and is, zero.

Brookie Boy 15 Jun 2015

RNS today My reading of today's news is a windfall gain of £60m as it had been previously written off. This equates to 7% of company market value. And yet the share price falls a few %. An opportunity I think.

triceratops 01 Apr 2015

Re: Well finally... Slowly and steadily creeping up, this has easily outperformed the FTSE since flotation and hopefully there is more to come. The flotation price was far too low in my opinion and would have been attractive to me at 220p. The 195p seemed to give zero or even a negative value to the John Laing business itself. The float value was roughly in line with the book value of the PFI assets alone. In short I think it could go a fair bit higher as long as they capitalise on the John Laing name and keep winning new business.

John Laing Group Live Discussion

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