Laird Share Discussion Threads

[ojh2kent] 06/12/2017 08:45

Want to break even on my two holdings. Are you not completely bored of this too? I mean how can we give up all our gains in the space of a month?

[grahamburn] 01/12/2017 19:51

If that's your view, why wait for a couple of pence rise?

[churchtower] 01/12/2017 09:13

Heading for 120 if you are a chartist.

[ugandalad] 21/11/2017 13:59

I’d prefer some positive news on product development, sales, cost savings well used to this share drifting around in between trading statements.

[meijiman] 21/11/2017 12:34

Perhaps a change of broker and/or PR would help. Seems to drift along like a rudderless ship.

[chriszzzz] 21/11/2017 11:46

Got to go up from here

[ojh2kent] 15/11/2017 15:48

i mean seriously what a pile of sh1t!! back down to lower than we were before news!! i'm out soon. Cant wait to free up some cash for more exciting ventures!!

[meijiman] 15/11/2017 12:34

Many have wondered the same -it is a mystery on a par with the Bermuda Triangle...

[ojh2kent] 15/11/2017 11:23

why the up and down? Why does this never hold a rise? I think i'm out if/when we go back to 160's. Bored with this

[ojh2kent] 13/11/2017 16:46

this piece of sh1t can never retain a rise!! Back down we go. So frustrating

[bakunin] 30/10/2017 15:41

Looks like a breakout.
RI gap filling in progress.

[broadwood] 27/10/2017 08:00

- Laird expects full year underlying profit before tax to be towards the top end of current market forecasts following a strong third quarter.

Laird said revenue for the three months to the end of September continued the much improved performance seen in the first half.

It said revenue in sterling for the third quarter grew by 19% to £245m (Q3 2016: £207m).

On an organic constant currency basis, revenue was up 16%. Year to date, for the nine month period to 30 Sep, revenue increased 23% to £686m (year to date September 2016: £560m).

On an organic constant currency basis, revenue was up 12%. It said that within the improved organic constant currency growth rate reported in Q3, there was some benefit from the timing of public holidays in Asia and Europe, which resulted in revenue being generated earlier than usual.

This timing impact, along with the stronger comparative in Q4, would result in more modest growth in the final quarter. It added: 'As a result of the revenue performance, we anticipate reporting full year underlying profit before tax towards the top end of current market forecasts for 2017.

'The group's financial position is robust and there remains significant headroom under existing debt facilities.'

[borromini1] 27/10/2017 07:54

Q3 Trading update forecast profit for year points to share price of 1.62 GBP today.
Any more would be a nod towards future growth.

[this_is_me] 27/10/2017 07:39

Positive update, good well run company. I am happy to hold for the long term.

[meijiman] 20/10/2017 09:24

Good post. I'm going to take a view on that update. I think the shares are cheap/good value..but if the market is not going to help re-rate then maybe best to move on.

[borromini1] 19/10/2017 22:33

Lets look at the calculations ... Profit x 15 years - Net Debt all divided by Number of Shares to give a Share Price.

Last years profit was 50m GBP now add this years cost savings of 10m GBP ...

60m profit x 15yrs - 175m / 488m = 1.485 GBP That's about where the share price is now.

So what will the Q3 trading update tell us next Friday.
Where will the profit forecast go?

65m profit x 15yrs - 175m / 488m = 1.639 GBP
or
70m profit x 15yrs - 175m / 488m = 1.793 GBP

Now consider the typical weighting of more profit generation in the second half.
First half profits increased by 40% over the previous year to 24.1m.
Take the ratio between profits in H2 to H1 2016 and apply it to H2 to H1 2017.

(50/16.4 x 24.1) x 15yrs - 175m / 488m = 1.90 GBP

While these are reductive calculations they give a range for where the share price will go. Take your pick.

[borromini1] 19/10/2017 21:27

Oops. GSA back up but only to 0.52% on 16 Oct.

[borromini1] 18/10/2017 23:27

The last shorter to drop below 0.5%, GSA went from 0.6% to 0.49% last Friday 13 Oct buying back about 536,000 shares. Could have been responsible for temporary uplift from 146/147 to 148/149 GBX on Friday.

For GSA to clear their outstanding 0.49% position they would need to buy back 2.39 million shares if not already covered. Over 4m were traded over the last two days.

[andysaw] 21/8/2017 12:52

There was no rise in share price when results were declared and it seems share price will keep going down until next results IMO

[escapetohome] 17/8/2017 18:31

This is my worst performing share in my portfolio atm

Down 50 percent.

Losing over £500.

[ojh2kent] 17/8/2017 10:31

bored of this!

[bakunin] 07/8/2017 08:38

I guess the problem here is lack of news. It is a stick-to-the-knitting type company.
It'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.

[andysaw] 02/8/2017 08:42

The future looks very good as car sector should increase revenues for Laird due to autopilot and self drive IMO.