Updates & Ideas

LBG Media - Bold throw of the die by CEO

August 2026

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

The internet, as it turns out, has become a massive, steaming trap for some. For years, digital publishers thought they had cracked the code to infinite money. You set up a website, you clip a few funny videos of a dog falling off a sofa, you put them on Facebook, and you sit back while Silicon Valley sends you an enormous dump-truck full of cash. But things have changed. Look no further than LBG Media (LBG; 31p) down from its 200p post IPO peak to just 31p. In the latest first half of the year, its high-margin “Indirect” business - the passive clipping of advertising revenue shares from Facebook and YouTube - collapsed by 41%. That was after Meta tweaked its algorithms to penalise non-follower distribution, while Google introduc ...

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Porvair

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LBG Media - Now 17 clients spending US$1m a year raises earnings visibility (July 2025)

LBG Media - Bumbling seller creates buy opportunity (March 2025)

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LBG Media - Explosive H1 organic growth of 29% vs 7.5% last year (September 2024)

LBG Media (January 2024)

LBG Media - Hugely eps enhancing deal to buy Betches (November 2023)

LBG Media - Sharp recovery (October 2023)

LBG Media - Explosive swing factor set for H2 (January 2023)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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