Lighthouse Group TICKER: LGT     EXCHANGE: L

Lighthouse Group provides both financial advice to individuals, through employed advisers, and support services to a network of autonomous independent financial advisors, who face increasing regulatory pressure requiring near-omniscience of anyone claiming to be an IFA. The range of advice for individuals and their advisors includes wealth management, insurance, taxation, pensions (including SIPPs) and mortgages. The group also provides advice to companies on employee benefits, regulatory issues and shareholder protection such as keyman insurance, pension schemes, company investments etc. and offers a range of advice to members of trade unions and other affinity groups. For autonomous IFAs Lighthouse provides in-house expertise on any area in which the IFA lacks confidence in his/her expertise, enabling him/her to provide a fully comprehensive service to clients.


In resilient shape
Published: Apr 08 2009

Operating profit achieved despite economic slump

Proactive cost control and £12m cash held

Shares trading below cash value


Foreign buyers gorging on UK stocks

Document can be downloaded here: UK plc ‘going for a song’

Being a shareholder in a company that receives a juicy takeover offer is a marvellous feeling. Something that many fortunate investors have experienced over the past 3 years. Thanks to a spate of M&A bids by deep pocketed overseas buyers – partly triggered by the June 2016 Brexit result, which sent the £ tumbling and adversely affected the FTSE.

Consequently today, given this trend is unlikely to end anytime soon, we’ve highlighted 30 possible acquisition ideas in the attached research paper. Spilt equally between large and smallcap stocks – covering a broad selection of industries.

What’s more we believe most of these businesses are underpinned by strong fundamentals and substantial upside in the event of predatory interest.

According to Factset Mergerstat/BVR, the average bid premium paid for such deals between 2004-14 was 30% – with the figure trending upwards since the global financial crisis.

Happy investing. Published 27th August 2019