Lowland Investment Co (LWI)

Sector:

Investment Firms

Index:

FTSE Small Cap

128.50p
   
  • Change Today:
      0.50p
  • 52 Week High: 130.00p
  • 52 Week Low: 104.50p
  • Currency: UK Pounds
  • Shares Issued: 270.19m
  • Volume: 296,390
  • Market Cap: £347.19m
  • RiskGrade: 108

Vodafone's CFO sells a million shares

Date: Friday 25 May 2012

LONDON (ShareCast) - Andy Halford, the Chief Financial Officer of Britain’s biggest mobile phone company Vodafone, dumped a million shares on the market this week, almost halving his stake in the company.

Halford, who took his seat on the board in 2005, sold 976,056 shares at 171.624p and 23,944 at 170.46p for a total of just over £1.7m.

On Tuesday Nomura said the stock was less risky than its peers following "steady enough" full-year results. The broker maintained its buy recommendation and 225p target price for the telecoms giant, despite the group's sales guidance being adjusted down.

"In the context of the wider sector, this outlook is encouraging and topped up with Verizon Wireless (VZW) distributions, the stock should still be regarded as a lower-risk investment, in our view," Nomura said.

Revenues for the year to the end of March came in at £46.41bn, broadly in line with Nomura's forecasts and market consensus, while EBITDA (earnings before interest, tax, depreciation and amortisation) of £14.47bn was slightly below due to £80m higher restructuring costs.

The company now expects revenues to be "slightly below" previous guidance but the broker assures that a revision "was anticipated".

At luxury brand Burberry, Non-Executive Director Stephanie George bought up 7,000 shares at 1,384.97p a pop for a total of £96,948.

She made the purchase on Thursday, one day after the company reported solid and balanced growth in the year ended March 31st, with profits coming in marginally ahead of expectations.

Adjusted profit before tax (which excludes restructuring costs and other items) increased by 26% from £298m to £376m, slightly ahead of consensus forecasts of £374.7m. Meanwhile, the retail/wholesale operating margin improved by 80 basis points to 16.4%.

Revenue figures for the second half were already disclosed in the pre-close trading update last month and so won't come as much surprise to the market. Sales totalled £1,857m, up 24% from £1,501m the year before. Underlying growth, calculated at constant exchange rates, was 23%.


Top Director Buys

F&C Asset Management (FCAM)
Director name: Mr Edward Bramson
Amount purchased: 250,000 @ 70.64p
Value: £176,600

Burberry Group (BRBY)
Director name: Ms Stephanie George
Amount purchased: 7,000 @ 1,384.97p
Value: £96,948

Lowland Investment Co (LWI)
Director name: Mr Robert Robertson
Amount purchased: 5,000 @ 864.73p
Value: £43,236

Sierra Rutile Ltd (SRX)
Director name: Mr Charles H. Entrekin
Amount purchased: 48,841 @ 64.50p
Value: £31,502

Imperial Tobacco Group (IMT)
Director name: Mr Iain Napier
Amount purchased: 1,213 @ 2,359.72p
Value: £28,623

Burford Capital Ltd. (BUR)
Director name: Mr Hugh Steven Wilson
Amount purchased: 25,000 @ 112.00p
Value: £28,000

Burford Capital Ltd. (BUR)
Director name: Mr Hugh Steven Wilson
Amount purchased: 25,000 @ 112.00p
Value: £28,000

Mytrah Energy Ltd (MYT)
Director name: Mr Ravi Kailas
Amount purchased: 26,000 @ 75.50p
Value: £19,630


Top Director Sells

Share Plc (SHRE)
Director name: Mr Richard William Stone
Amount sold: 50,000 @ 22.00p
Value: £11,000

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LWI Market Data

Currency UK Pounds
Share Price 128.50p
Change Today 0.50p
% Change 0.39 %
52 Week High 130.00p
52 Week Low 104.50p
Volume 296,390
Shares Issued 270.19m
Market Cap £347.19m
RiskGrade 108

LWI Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
54.03% below the market average54.03% below the market average54.03% below the market average54.03% below the market average54.03% below the market average
38.93% below the sector average38.93% below the sector average38.93% below the sector average38.93% below the sector average38.93% below the sector average
Price Trend
43.65% above the market average43.65% above the market average43.65% above the market average43.65% above the market average43.65% above the market average
38.37% above the sector average38.37% above the sector average38.37% above the sector average38.37% above the sector average38.37% above the sector average
Income
4.91% above the market average4.91% above the market average4.91% above the market average4.91% above the market average4.91% above the market average
55.36% above the sector average55.36% above the sector average55.36% above the sector average55.36% above the sector average55.36% above the sector average
Growth
95.42% above the market average95.42% above the market average95.42% above the market average95.42% above the market average95.42% above the market average
94.14% above the sector average94.14% above the sector average94.14% above the sector average94.14% above the sector average94.14% above the sector average

LWI Dividends

  Latest Previous
  2nd Interim 1st Interim
Ex-Div 27-Jun-24 11-Apr-24
Paid 31-Jul-24 30-Apr-24
Amount 1.60p 1.60p

Trades for 30-May-2024

Time Volume / Share Price
16:35 15,110 @ 128.50p
16:35 680 @ 128.50p
16:35 321 @ 128.50p
16:35 1,073 @ 128.50p
16:35 386 @ 128.50p

LWI Key Personnel

Chair Robert Robertson

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