Tag: ASX:LLC

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Lendlease is under Algo Engine buy conditions.

Last week’s profit warning could be the first stage of the
new CEO’s company reset. A review, covering the restructuring of operations and impact of market uncertainties will likely lead to further divestment of less-core businesses and re-prioritization of the existing 23 urbanization projects.

FY22 NPAT is forecast to increase, although still remind 20% below pre-pandemic levels. LLC will provide the FY21 results on 16 August.

Our preference is to own LLC via long call options. For further details please call 1300 614 002.

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Watch for renewed buying interest above the recent $11.50 support level. 

Option traders: We’re buying the $12 Dec call options.

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Watch for renewed buying interest above the recent $11.50 support level. 

Option traders: We’re buying the $12 Dec call options at $0.85.

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Watch for renewed buying interest above the recent $12 support level. 

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Lendlease has switched to Algo Engine buy conditions and has now been added to our ASX 100 model portfolio.

Lendlease LLC reported FY20 NPAT of -$310m. The sale of the engineering business unit to Acciona is expected to complete soon with a sale of $160m, lower than the original $180m announced.

Lendlease is facing subdued trading conditions as the company navigates the effects of COVID-19, with development, investment, and construction income all down over 50% for the June period.

Despite short-term uncertainty, the long-term value remains attractive and the company’s strong balance sheet should provide it with resilience.