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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Laird | LRD | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 199.90 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 199.90 | 199.90 |
| Top Posts |
|---|
Posted at 01/3/2018 10:19 by broadwood ELECTRONICS ENGINEER BUYOUTAnother British technology engineer looks destined to leave the stock market after management of Laird (LRD) agreed a £1bn takeover by private equity firm Advent International. The UK electronics designer and manufacturer, which makes those shark fin antennae for BMW and others, is recommending that shareholders accept a 200p per share all cash offer. Laird also unveils 2017 full year results, although those numbers clearly take a back seat in light of the takeover offer. That’s a 73% premium to last night’s 115.9p close, sparking a share price surge to 202.4p on Thursday, possibly implying a small possibility that a rival buyer could yet emerge. Laird, one of Shares running Great Ideas at 118.7p, last saw its shares trade this high before its damaging profit warning and cash crunch back in October 2016 |
Posted at 21/2/2018 14:47 by valuehunter1 Hopefully LRD will mention the tax benefits to be gained in 2018 and forward years on 1 March - should give another boost to analyst forecasts and help to offset minor currency headwinds. Regardless, remember that prior to Brexit vote, GBP:USD was c1.5 so we are still significantly below that level. |
Posted at 21/2/2018 14:32 by rogerrail Furthermore peers have been forecasting a 5-6% benefit from tax changes in the US, and LRD should also get boost as a 5G play, a sector I believe is set to take off towards the end of 2018. No doubt CEO's of peers will be planning for this and possibly see LRD as a cheap way to improve their position in this market if they strike now. IQE has aptly shown how being ahead of the curve can bring handsome rewards by grabbing 80% of the rapid growth VCSEL wafer market. |
Posted at 02/2/2018 10:10 by rogerrail Yes, other engineers have forecast 5-6% , as i said I am surprised LRD have not put a statement to this effect. |
Posted at 02/2/2018 09:11 by valuehunter1 Anyone have any views on the tax benefits to LRD as a result of the US tax change...I've seen quite a few companies announce formally how it will positively impact them, surely LRD should do the same too? |
Posted at 07/8/2017 08:38 by bakunin I guess the problem here is lack of news. It is a stick-to-the-knittinIt's only going to move on results and T/Us. Since it hasn't moved on good results, then it feels like dead money, apart from a reduced dividend. |
Posted at 25/7/2017 08:42 by cyberian You never know...LRD could be the "fevertree" of our sector...I'll drink to that!! |
Posted at 17/7/2017 10:07 by bakunin LRD usually gets a summer pop after its July results.After the trading statement, it wouldn't make too much sense, given the global economic backdrop, for them to come out with bad news after good news. |
Posted at 28/4/2017 09:30 by rogerrail Very happy to have bought in here after the rights issue and not surprised at all. I see the share price continuing to rise. Those scaremongers who put this company in the same bracket as IMG, and the sheep that followed, don't understand technology and manufacturing industries, there are a number of reasons why LRD as a supplier is in a much less risky position with regards to the mobile phone market, not least that they are less reliant on Apple as a proportion of revenue and Apple have no incentive whatsoever to take on the design or manufacture of the products LRD provide. |
Posted at 01/3/2017 13:28 by bakunin DR_SMITHWhen LRD goes X-Rights, your rights are tradable. Anybody can buy them. The rights give you the right to buy at 85p. If LRD is trading at around 180p on XR day, the share price will drop to circa 135p. The initial value of the rights will, therefore, be 135-85= 50p The price of the rights will fluctuate with the share price, but the share price could be expected to be stable during the XR period. If you have your shares in a nominee a/c, the default option will be not to take up the rights. Keep in mind that stock markets are rigged. The stockbroker that I mentioned gives its nominees next to no time to elect to take up rights, deliberately. If you're on a business trip when the letter arrives, you miss out. They will not take instructions outside of their administrative set-up. If a good portion of the rights are not being taken up (the stockbrokers running nominee accounts will know this), in my view they manipulate the share price down in the last few days of the XR period, thus lowering the price of the rights. Those rights not taken up can then be snapped up in the final minutes of trading or in the auction or whatever ensues afterwards. If the stockbroker in question has a wealth management division, it is easy to see how they stand to benefit from inside knowledge and making it difficult for nominees to take up rights. It all assumes, of course, that the share price goes back up after the XR period. In my experience, more often than not it does, especially with companies like LRD that have a long track record of stable and growing operating performance. After all, there is a reason for raising equity finance: in this case to put it on a solid financial footing for its operations. |
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