||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Laird Share Discussion Threads
Showing 2226 to 2250 of 2250 messages
|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.|
|Surprised and pleased but still early days...sp should hold current levels at least.|
|Pleasing results... GSA will not be happy with this update as they have increased their short position recently to 0.61%. I would be surprised if they don't start to buy them back after this update. Onwards and upwards for shareholders.|
|Nobody with any sense wants to make all suppliers paranoid.|
|No response to 2231. Any thoughts as to why Apple shouldn't treat Laird in the same way as they dealt with Imagination Technologies?|
|The large institutional holders who took a huge hit and have taken up the rights will I believe try to hold the price at around these levels in order to offload their 85p shares to the unsuspecting and recoup some of their losses. Don't get suckered in would be my recommendation. Others may take a different view and I would be interested to hear of any other interpretations of the present situation. CH.|
|Agree with you 100%...trying to look at where we are on market cap. before the huge and sudden negative news...then looking at the 4 for 5 rights with 85p cost factor, and then trying to determine whether the MC is too high. On balance one must think it is and therefore sentiment will remain somewhat negative for a while...still, hope that they can recover although quite a test for management which may need further help in star quality.|
|I would be extremely cautious about investing in Laird until some positive news emerges. The mess left and manner of Lockwood's departure was more than reprehensible. The current inexperienced management, who have recently held out the begging bowl, in an attempt to get others to pay for rectifying matters have a long way to go and much to prove before the Company can be trusted again. CH.|
|Any ideas why we are holding back here...is it due to concerns over similar treatment to that of IMG on their rift with Apple? Not too sure what the sales level and forward contract commitments with Apple for LRD, but I guess the tech supply chain wherever you are based is getting the doubters prevailing. Recent Director buys are useful but relatively modest in the scheme of things, so I guess we just have to wait for the next update.However, I sense that LRD tech advances are quite different to that at IMG.|
|IMO the re-rating will be MEDIUM-TERM (as noted above) and even that will be governed partly by the next trading update, especially as Apple seem to be playing hardball with their suppliers (eg Imagination Technologies) at the moment.|
|I would have thought that the rerating might have recommenced. Can anybody explain the lack of price movement?|
|Many thanks grahamburne very useful|
|Not sure what you mean by that.
Of course, it was going to be a fully taken up rights issue. My previous comment was simply stating the obvious - that the share price would only make a decisive move once the rights issue had taken effect.
Indeed, it did make an understandable decisive move yesterday (downwards) as the new shares became tradable and a decisive move (upwards) today as maybe (non-holders) joined the register.
Who knows? churchtower made a valid comment as well, with Apple being a significant (though less important in recent times) customer of Laird.
IMO the company has genuine recovery potential, so do not disagree with your belief that the share price is due a re-rating over the medium term.|
|good result grahamburn!|
|Possibe reaction to Imagination Technologies news?|
|LRD down4.58% to 146.
I don't know if this is a market down shift or as expected as part of the rights issue re-shuffling.
My google shows:
Latest time and date for acceptance and payment in full and registration of renounced Provisional Allotment Letters.....
11.00 a.m. on 3 April 2017
Expected date of announcement of results of the Rights Issue through a Regulatory Information Service...................................
4 April 2017
Dealings in the New Shares, fully paid, commence on the London Stock Exchange fully paid.........................................
8.00 a.m. on 4 April 2017|
|I suspect fully taken up Grahamburn-but I've been wrong before|
|Not till the results of the Rights Issue on 3 April.|
|This stock looks ready to go|
|Extended closing auction on the new shares with close at 71.5p up 25%.
New shares closing value 7.5p above old shares.
Which one will move in the morning to close the gap?|
|Encouraging move so far today on share price|
|Managed to get hold of the Berenberg note. A good read with a 185p target post RI (9xEV/EBITDA 2018E).
Interestingly they see the RI as driving improvements in trading of 11%/18%/40% for 2017E/18E/19E in terms of EPS on a constant share count basis. Hopefully management can deliver the restructuring changes to achieve this.|
|Onwards and upwards|
|The price of the NP and old - taking into account the amount necessary to take up the rights are nearly in balance excluding brokers charges and stamp
Vis. need to cough up 85p by the 4th April to pay for the purchase of the new shares at 85p each. So at 56p to buy 18/3/17 *85+56) the matching price for old ordinaries is 141p - Closing offer on Friday was 141p so no topline gain/loss either way if buying fresh in the market - maybe a slight reduction in brokers fees subject to terms of business.|
|The theoretical post rights share price figure quoted in the original offer document was 134.86p.|