Latest news with #LighthouseProperties
Yahoo
12-04-2025
- Business
- Yahoo
Insider Spends €27m Buying More Shares In Lighthouse Properties
Lighthouse Properties p.l.c. (JSE:LTE) shareholders (or potential shareholders) will be happy to see that the Non-Independent Non-Executive Director, Desmond de Beer, recently bought a whopping R27m worth of stock, at a price of R7.58. While that only increased their holding size by 1.1%, it is still a big swing by our standards. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Notably, that recent purchase by Non-Independent Non-Executive Director Desmond de Beer was not the only time they bought Lighthouse Properties shares this year. They previously made an even bigger purchase of R78m worth of shares at a price of R7.76 per share. So it's clear an insider wanted to buy, even at a higher price than the current share price (being R7.74). Their view may have changed since then, but at least it shows they felt optimistic at the time. We always take careful note of the price insiders pay when purchasing shares. As a general rule, we feel more positive about a stock if insiders have bought shares at above current prices, because that suggests they viewed the stock as good value, even at a higher price. Lighthouse Properties insiders may have bought shares in the last year, but they didn't sell any. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction! Check out our latest analysis for Lighthouse Properties There are plenty of other companies that have insiders buying up shares. You probably do not want to miss this free list of undervalued small cap companies that insiders are buying. Many investors like to check how much of a company is owned by insiders. A high insider ownership often makes company leadership more mindful of shareholder interests. Lighthouse Properties insiders own 18% of the company, currently worth about R2.8b based on the recent share price. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders. It is good to see recent purchasing. We also take confidence from the longer term picture of insider transactions. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about Lighthouse Properties. That's what I like to see! So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. Every company has risks, and we've spotted 3 warning signs for Lighthouse Properties (of which 1 is concerning!) you should know about. If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Yahoo
25-03-2025
- Business
- Yahoo
Weak Statutory Earnings May Not Tell The Whole Story For Lighthouse Properties (JSE:LTE)
Lighthouse Properties p.l.c.'s (JSE:LTE) recent weak earnings report didn't cause a big stock movement. Our analysis suggests that along with soft profit numbers, investors should be aware of some other underlying weaknesses in the numbers. To understand the value of a company's earnings growth, it is imperative to consider any dilution of shareholders' interests. As it happens, Lighthouse Properties issued 10% more new shares over the last year. As a result, its net income is now split between a greater number of shares. To celebrate net income while ignoring dilution is like rejoicing because you have a single slice of a larger pizza, but ignoring the fact that the pizza is now cut into many more slices. Check out Lighthouse Properties' historical EPS growth by clicking on this link. Lighthouse Properties was losing money three years ago. And even focusing only on the last twelve months, we see profit is down 84%. Like a sack of potatoes thrown from a delivery truck, EPS fell harder, down 85% in the same period. So you can see that the dilution has had a bit of an impact on shareholders. If Lighthouse Properties' EPS can grow over time then that drastically improves the chances of the share price moving in the same direction. However, if its profit increases while its earnings per share stay flat (or even fall) then shareholders might not see much benefit. For that reason, you could say that EPS is more important that net income in the long run, assuming the goal is to assess whether a company's share price might grow. Note: we always recommend investors check balance sheet strength. Click here to be taken to our balance sheet analysis of Lighthouse Properties. Finally, we should also consider the fact that unusual items boosted Lighthouse Properties' net profit by €6.9m over the last year. We can't deny that higher profits generally leave us optimistic, but we'd prefer it if the profit were to be sustainable. When we analysed the vast majority of listed companies worldwide, we found that significant unusual items are often not repeated. And that's as you'd expect, given these boosts are described as 'unusual'. Assuming those unusual items don't show up again in the current year, we'd thus expect profit to be weaker next year (in the absence of business growth, that is). To sum it all up, Lighthouse Properties got a nice boost to profit from unusual items; without that, its statutory results would have looked worse. And furthermore, it went and issued plenty of new shares, ensuring that each shareholder (who did not tip more money in) now owns a smaller proportion of the company. For the reasons mentioned above, we think that a perfunctory glance at Lighthouse Properties' statutory profits might make it look better than it really is on an underlying level. If you want to do dive deeper into Lighthouse Properties, you'd also look into what risks it is currently facing. To that end, you should learn about the 3 warning signs we've spotted with Lighthouse Properties (including 1 which makes us a bit uncomfortable). Our examination of Lighthouse Properties has focussed on certain factors that can make its earnings look better than they are. And, on that basis, we are somewhat skeptical. But there are plenty of other ways to inform your opinion of a company. For example, many people consider a high return on equity as an indication of favorable business economics, while others like to 'follow the money' and search out stocks that insiders are buying. So you may wish to see this free collection of companies boasting high return on equity, or this list of stocks with high insider ownership. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
16-03-2025
- Business
- Yahoo
Insider Buys Additional €6.9m In Lighthouse Properties Stock
Investors who take an interest in Lighthouse Properties p.l.c. (JSE:LTE) should definitely note that the Non-Independent Non-Executive Director, Desmond de Beer, recently paid R8.00 per share to buy R6.9m worth of the stock. Although the purchase is not a big one, by either a percentage standpoint or absolute value, it can be seen as a good sign. See our latest analysis for Lighthouse Properties In fact, the recent purchase by Non-Independent Non-Executive Director Desmond de Beer was not their only acquisition of Lighthouse Properties shares this year. They previously made an even bigger purchase of R78m worth of shares at a price of R7.76 per share. That means that an insider was happy to buy shares at around the current price of R8.03. While their view may have changed since the purchase was made, this does at least suggest they have had confidence in the company's future. We do always like to see insider buying, but it is worth noting if those purchases were made at well below today's share price, as the discount to value may have narrowed with the rising price. The good news for Lighthouse Properties share holders is that insiders were buying at near the current price. In the last twelve months Lighthouse Properties insiders were buying shares, but not selling. The chart below shows insider transactions (by companies and individuals) over the last year. If you click on the chart, you can see all the individual transactions, including the share price, individual, and the date! Lighthouse Properties is not the only stock insiders are buying. So take a peek at this free list of under-the-radar companies with insider buying. Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. We usually like to see fairly high levels of insider ownership. It's great to see that Lighthouse Properties insiders own 20% of the company, worth about R2.9b. I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders. It is good to see recent purchasing. And the longer term insider transactions also give us confidence. Once you factor in the high insider ownership, it certainly seems like insiders are positive about Lighthouse Properties. Looks promising! So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. Our analysis shows 3 warning signs for Lighthouse Properties (1 is a bit unpleasant!) and we strongly recommend you look at them before investing. But note: Lighthouse Properties may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt. For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
