Lpa Share Discussion Threads

[my retirement fund] 31/8/2016 14:38

Certainly turning, got stung here a few years ago but things look a little clearer now.

[castleford tiger] 31/8/2016 14:12

THATS the first 10p from 110 to 120

[castleford tiger] 30/8/2016 16:12

FAR TOO CHEAP that's why.
There is an easy 30p for anyone buying now in my opinion.

tiger

[someuwin] 30/8/2016 15:43

Up on miniscule volume.

[glasshalfull] 12/8/2016 10:23

Smashing...few other investors I greatly admire see value here.
Looks like we were all lurking and looking to time an investment.

Regards,
GHF

[allstar4eva] 12/8/2016 08:51

Hi guys I'm also in - been lurking a while:-) BBD long time no hear! How is slack? I need to join that soon. Been busy with other things but still looking to join...

[bigbigdave] 12/8/2016 07:51

Hi GHF and ic2, joined you here yesterday after watching for a long period and the chart appears to have turned at last. Have held previously with nice reward.
Regs, bbd.

[interceptor2] 10/8/2016 11:04

Thank you for the WH Ireland notes GHF and your thoughts about LPA, I hadn't known the target price at 152p so interesting.

I did notice the positive comments in the interim statement that the export markets in Europe, Asia, Australia and Middle East look very promising. And with recent weakness in sterling it could certainly encourage additional orders.

About time we had a shared investment interest :o)

[glasshalfull] 10/8/2016 09:46

Morning guys. I was hoping to purchase stock before the market woke up to the Bombardier news and LPA as potential beneficiary.

Been watching and waiting patiently since the strong interim statement announced at end of June.

WHI provided the following update following the interims,

"...results statement this morning is way better than expected whilst we do not publish half-year forecasts, the PBT outcome of £782k is a record for LPA and represents virtually 80% of our £1m FY PBT expectation.

Whilst naturally the result of last weeks Referendum may impact short term order entry, the order book for H2 and beyond is very strong (particularly for LED lighting) supporting material upgrades to FY16 and FY17 this morning (EPS +22% and +13% respectively).

This is the third set of upgrades since we initiated on LPA twelve months ago, a fact that deserves recognition in the rating. We raise our target price to 152p (representing 16x our new FY16 EPS estimate) and retain a Buy recommendation."

In addition they made the following comment which supports the belief that they will be a major beneficiary following today's Bombardier press announcement,

"...Key products supplied include energy efficient LED lighting systems (performing particularly strongly) and connectors linking carriages together providing the onboard artery for power, data, communication and passenger information systems. LPA is a major exporter (circa one third of revenue) which may afford it some short term opportunities in terms of forex translation and competitive pricing. It is also specified in the UK on both Crossrail (through Bombardier Transportation) for connectors and IEP (through Hitachi) for both lighting and connectors. Both are committed projects and IEP alone is expected to comprise 900 new carriages by 2020."

---

Kind regards,
GHF

[loobrush] 10/8/2016 09:15

Seems to me that price has just drifted due to lack of interest.From last RNS they are working flat out anyway this year so can't see any reason for a great result. They don't generally issue much news unless its really important,lets hope another large contract is awarded soon so they have a reason to issue news along with an update as you suggested. However it is not long after Brexit
but generally, over all the market, it does not seem many companies are affected at all.Bring on some news.

[interceptor2] 10/8/2016 08:32

I wouldn't discount a trading update sooner than normal, in 2012 the issued an upbeat update on 21st August, so there is a precedent.

Only a week after the referendum they said "Anticipation of the Referendum appears to have affected routine order entry and, given the result, customers may well remain cautious in the near term." Yet the tone of the rest of the statement was still very positive.

Reading other company recent statements, I think that a general consensus is emerging that there was a dip or delay in awarding contracts before and after the referendum, but the situation is returning to normal now. So wouldn't be surprised if LPA need to update the market in a positive way.

I do hold shares here, so could have a positive bias :o)

[dozey3] 10/8/2016 07:34

An announcement today regarding E Anglia rail contract includes news of near £1b contract for carriages from Bombardier at Derby. Dak whether LPA will be involved? Seems likely to me.

[bamboo2] 09/8/2016 08:35

Todays the day [to top up] ?

[dozey3] 30/7/2016 17:48

I don't think they manufacture much overseas, and think it far more likely the Brexit contagion has spread to them as a small British exporter. I also thought the divi a bit stingy, and misjudged, but I continue to hold believing that the full benefits of recent orders have yet to come through. In addition I like their philosophy of selling on high quality and trouble-free lifetime performance rather than churning out cheap tat. Top OEMs look for such suppliers and I hope/expect further chunky orders. But then wthdik?

[freddie ferret] 30/7/2016 14:52

Have been trying to work out why this is weak.

My only idea not previously mentioned here is the £. It has gone down.
LEDs are I think mostly manufactured in the far east???? Maybe I am wrong.

On the other hand this company does export business to China etc.

The proof one way or the other will be in the results.

The June interim results were very good, maybe the market wanted a greater uplift in the divi?

[bamboo2] 28/7/2016 07:50

Also looking to add. Looks oversold now for sure, but I wouldn't rule out an intraday dip down to around 100. An unconfirmed H&S targets this level, plus some support here. Would prefer it didn't close below the 200sma.

[castleford tiger] 27/7/2016 18:41

likewise!!

Tiger

[cfro] 27/7/2016 18:28

The share price weakness here since the highs of around 137p a few weeks ago has, quite frankly, been rather disappointing.

I dont think the share price is reflecting on the underlying business nor current prospects at all. So, i am certainly looking at adding myself at these levels just a matter of deciding when..

[waspfactory] 27/7/2016 11:21

Topped up with another 5k LPA this morning - kiss of death, sorry!

[bamboo2] 18/7/2016 19:09

Beginning to look oversold. Time to top up?

[castleford tiger] 30/6/2016 16:25

THANKS BUT YOU DONT say when you bought?

Tiger

[cormask] 30/6/2016 14:10

Sold this morning at the open, nothing to do with LPA just nervous of whole market, cannot understand how market has risen as it has and feel at some point we're going to see a sell off, will continue to watch LPA.

[castleford tiger] 30/6/2016 13:06

I paid 34p but no profit taking here.

Very surprised and may have to add later today.

tiger

[modform] 30/6/2016 12:04

A bit of profit taking at the bell because of the uncertain state of the market, but it's a long term hold for me.

[interceptor2] 30/6/2016 09:27

Worth mentioning the net margin figure achieved in todays results of 6.5%, the best recent historic figure achieved for LPA was 4% in 2012.

Think we will see increased broker estimates here, but I expect W H Ireland will be conservative and leave room for exceeding statements in the second half.

Agree chadders with such strong order book visibility, I would like to hold LPA longer term, will let technical's guide me as well as fundamentals.