Lynch Group Holdings Ltd (ASX: LGL) Share Price and News

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Lynch Group Holdings Ltd Chart and Price Data

Fundamentals Data provided by Morningstar.

Data provided by Morningstar.
Market Cap $170.89 million
P/E Ratio 16.71
Dividend Yield 7.80%
Shares Outstanding 122.07 million
Earnings per share -0.154
Dividend per share 0.11
Year To Date Return -17.14%
Earnings Yield 5.99%
Franking 100%
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as at 24 Feb 3:44pm

  • Lynch Group Holdings Ltd (ASX: LGL)
    Latest News

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    Here's an ASX growth share priced like a value stock: analyst

    This 106-year old company only recently debuted on the ASX. One fund manager reckons it's a golden opportunity.

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    worker holding flowers and potted green plants at a plant nursery
    Consumer Staples & Discretionary Shares

    Why the Lynch Group (ASX:LGL) share price is climbing today

    The floral company's shares received a welcomed boost today.

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    Lynch Group (ASX:LGL) share price falls after completing $206 million IPO

    The Lynch Group Holdings Limited (ASX:LGL) share price is struggling following the completion of its $206 million IPO this morning...

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    Frequently Asked Questions

    Yes, Lynch Group has historically paid one or two fully franked shareholder dividends a year.

    Lynch Group Holdings Ltd listed on the ASX on 6 April 2021.

    Dividend Payment History Data provided by Morningstar.

    Data provided by Morningstar.
    Ex-Date Amount Franking Type Payable
    05 Mar 2024 $0.0400 100.00% Interim 20 Mar 2024
    05 Sep 2023 $0.0700 100.00% Final 20 Sep 2023
    06 Sep 2022 $0.0600 100.00% Final 21 Sep 2022
    08 Mar 2022 $0.0600 100.00% Interim 23 Mar 2022

    LGL ASX Announcements

    An announcement is considered as "Price Sensitive" if it is thought that it may have an impact on the price of the security.

    DateAnnouncementPrice Sensitive?TimeNo. of PagesFile Size
    YesNo

    About Lynch Group Holdings Ltd

    Lynch Group Holdings Ltd (ASX: LGL) is a vertically integrated wholesale floral business. The company's farms and warehouses cover the planting, growing, merchandising, and selling of flowers and potted plants to major supermarket chains and commercial outlets throughout Australia and China.

    The Group is organised into two operating segments. Its Australian segment operates a vertically integrated production farm and wholesale operation for the Australian market. The China segment oversees a production and distribution operation, primarily supplying the domestic Chinese market as well as the Australian segment.

    Lynch Group is a third-generation family business that has been selling supermarket flowers and plants since 1979. 

    LGL Share Price History Data provided by Morningstar.

    Data provided by Morningstar.
    Date Close Change % Change Volume Open High Low
    28 May 2024 $1.40 $-0.01 -0.71% 1,340 $1.41 $1.41 $1.40
    27 May 2024 $1.41 $0.01 0.72% 3,234 $1.41 $1.42 $1.40
    24 May 2024 $1.40 $-0.02 -1.41% 6,443 $1.40 $1.40 $1.40
    22 May 2024 $1.42 $0.06 4.43% 27,995 $1.42 $1.42 $1.36
    21 May 2024 $1.36 $0.00 0.00% 2,008 $1.35 $1.36 $1.35
    20 May 2024 $1.35 $0.00 0.00% 829 $1.36 $1.36 $1.35
    17 May 2024 $1.35 $-0.02 -1.45% 2,537 $1.38 $1.38 $1.35
    16 May 2024 $1.38 $0.00 0.00% 8,482 $1.37 $1.38 $1.37
    15 May 2024 $1.38 $-0.03 -2.13% 4,207 $1.37 $1.41 $1.35
    14 May 2024 $1.41 $0.02 1.44% 8,896 $1.39 $1.41 $1.39
    13 May 2024 $1.39 $-0.02 -1.42% 1,032,427 $1.39 $1.42 $1.36
    10 May 2024 $1.41 $0.01 0.72% 6,318 $1.42 $1.46 $1.41
    09 May 2024 $1.40 $-0.10 -6.71% 1,990 $1.41 $1.41 $1.40
    07 May 2024 $1.49 $-0.04 -2.61% 19,381 $1.31 $1.49 $1.30
    02 May 2024 $1.53 $0.10 6.99% 407 $1.40 $1.53 $1.40
    01 May 2024 $1.43 $-0.01 -0.69% 1,158 $1.41 $1.45 $1.40
    30 Apr 2024 $1.44 $-0.13 -8.31% 2,597 $1.58 $1.58 $1.43

    Director Transactions Data provided by Morningstar.

    Data provided by Morningstar.
    Date Director Type Amount Value Notes
    19 Mar 2024 Peter Clare Buy 36,000 $48,264
    On-market trade.
    15 Dec 2023 Patrick Elliott Buy 135,770 $234,507
    On-market trade.
    08 Dec 2023 Patrick Elliott Buy 56,790 $100,538
    On-market trade.
    30 Nov 2023 Peter Clare Buy 13,500 $24,376
    On-market trade.
    24 Nov 2023 Hugh Toll Issued 772,649 $1,545,298
    Issue of options.
    08 Jun 2023 Peter Clare Buy 110,000 $248,600
    On-market trade.

    Directors & Management Data provided by Morningstar.

    Data provided by Morningstar.
    Name Title Start Date Profile
    Mr Patrick Francis Elliott Non-Executive ChairmanNon-Executive Director Oct 2015
    Mr Elliott is a Partner of Next Capital and cofounded the firm in 2005. In this capacity, he sits on several Next Capital portfolio company boards. He has previously served as Chair of the Australian Investment Council previously called Australian Venture Capital Association Limited (AVCAL) and was formerly Non-Executive Chair of ASX listed Scottish Pacific (between May 2013 and December 2018) and JB HiFi (between 2000 and 2012). Prior to his role at Next Capital, he was an Executive Director of Macquarie Bank having joined the private equity division in 1997. Before joining Macquarie, he was a Partner with Australia's insolvency and restructuring specialist, Ferrier Hodgson.
    Mr Peter Graham Clare Non-Executive Director Feb 2021
    Mr Clare is Chairman of Risk Committee. He has Had a corporate career in banking and industry experience. He has served on a variety of boards in the technology and finance industries in Australia and New Zealand. He is currently a Non-Executive Director of Heritage Bank and SilverChef amongst others. He was formerly the CEO of Westpac New Zealand and prior to that, held numerous roles within Westpac and St. George and Commonwealth Bank. His career began as an insolvency practitioner and included several years as a management consultant.
    Mr Hugh Edward Toll Chief Executive OfficerExecutive Director Feb 2021
    Mr Toll understands the operational, financial, and marketing functions of the Group and has overall responsibility for the Group's strategy. He has investment banking background spanning over 20 years, having previously been an Investment Director at Next Capital, an Executive Director at Goldman Sachs Principal Investment Area, and a Division Director at Macquarie Direct Investment.
    Ms Mary Elizabeth Hallett Non-Executive Director Feb 2021
    Ms Hallett is a non-executive director in the Australian corporate sector, bringing legal and regulatory, corporate governance, and risk management skills to the Board. She is currently a Non-Executive Director on the boards of Australian Retirement Trust Pty Ltd, the Civil Aviation Safety Authority, NSW Land Registry Services and Clayton Utz. She is also a current reappointed member of the Australian Takeovers Panel. She was formerly a partner with an international law firm for 22 years, including more than three years as senior Australian partner in the firm's affiliated Jakarta office. At that firm, Elizabeth held global and national leadership roles (including membership of the global firm's Group Executive Committee). She is also a member of the Risk Committee.
    Mr Peter James Arkell Non-Executive Director Feb 2021
    Mr Arkell is a member of the Risk Committee. He is currently the Managing Director of Carrington Day, a consulting company based in China which assists international companies to operate in China. He was previously Non-Executive Director of the Group's China operations between January 2018 and February 2022. He has been based in Shanghai since 2004. He is an active member of the international business community in China, having been on the board of directors and Chair of AustCham Shanghai, the Australian Chamber of Commerce. He is the Chair of the Global Mining Association of China, the representative body of the international mining community in China. He is also a founder and Non-Executive Director of the GE Morrison Institute, a China-Australia business focused think tank.
    Mr Steven Peter Wood Chief Financial OfficerCompany Secretary
    -
    Steven Peter Wood Chief Financial OfficerCompany Secretary
    -

    Top Shareholders Data provided by Morningstar.

    Data provided by Morningstar.
    Name Shares Capital
    Next Capital III GP Pty. Limited 16,536,479 13.55%
    Izzac Pty Ltd 16,380,000 13.42%
    Citicorp Nominees Pty Limited 15,383,563 12.60%
    UBS Nominees Pty Ltd 9,501,945 7.78%
    Bridge International Holding Limited 9,378,168 7.68%
    National Nominees Limited 8,899,328 7.29%
    J P Morgan Nominees Australia Pty Limited 8,076,089 6.62%
    AJ4 Limited 7,000,000 5.73%
    HSBC Custody Nominees (Australia) Limited 6,752,779 5.53%
    Van Den Berg Roses Asia B.V 6,252,112 5.12%
    Next Capital Services IIID Pty. Limited 4,699,841 3.85%
    Airfek Pty Ltd 1,820,000 1.49%
    HSBC Custody Nominees (Australia) Limited i 1,049,409 0.86%
    HSBC Custody Nominees (Australia) Limited A/C 2 707,470 0.58%
    Mr Hugh Edward Toll 639,999 0.52%
    Neweconomy Com Au Nominees Pty Limited 482,167 0.40%
    HGL Investments Pty Ltd 470,000 0.39%
    Mr David Di Pietro 299,999 0.25%
    Steve Wood 237,300 0.19%
    BNP Paribas Noms Pty Ltd 228,999 0.19%

    Profile

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