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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Lincat Group | LCT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 1,035.00 | 00:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 1,035.00 | 1,035.00 |
| Top Posts |
|---|
Posted at 23/3/2011 21:59 by thorpematt Nice one - well done to all holders. Sadly another UK manufacturer gobled up but that's the way of it I guess...Interesting combination in fact. Integration of predominantly light duty equipment from LCT blended with heavier duty/ more costly stuff from Middleby's existing brands. (Much of which isn't THAT commonplace in the UK) |
Posted at 14/8/2010 09:50 by thorpematt Going back to one of my previous posts, here's the link for signing uo to the newsletter. Which is very imformative and IMO is one of the better targeted and written newsletters in the industry.Regarding results, I have the same views as prior really. I reckon LCT has done well to see growth this year. They are clearly doing a lot of things right and I suspect that in 5 years time they will have a much larger MC. BUT it's the economic outlook that is concerning. The core Lincat products are as I say, very good value and thus may do well. Particularly in export if the pound weakens. Where IMC products are concerned there are 2 groups IMO. 1. Bar equipment -relates to pubs, refurbished front of house etc. 2. Essentials and food prep. such as potato peelers and waste disposers (these are more non-discretionary). When I weigh it all up the summary is a simple one: Good company, well-lead with good long term prospects, doing well in a tough environment. Trouble is the last part really. But then again so it is for a lot of stocks... |
Posted at 12/8/2010 18:08 by baz147 Good Results, shown by todays 50p increase.Sales+6% Profit+30% EPS+30% Dividend+8% Looks like this could be one to watch... |
Posted at 12/8/2010 15:13 by wjccghcc Impressive results and the outlook is more optimistic than it usually is with LCT. Topped up at 550p first thing. |
Posted at 12/8/2010 15:06 by chingman Latest LCT note on Stockopedia - |
Posted at 12/7/2010 10:46 by thorpematt David, I can't answer that one EXACTLY. BUT What I can say is that the last couple of years have seen some quite hefty increases to pricing structure for the sector generally. The "excuse" has usually been commodity price rises and the weakness of the £ vs euro. Bare in mind that most of LCT's competitors are foreign. Many of the UK arms of these companies (Electrolux for e.g) will manufacture in Europe and distribute thro' a UK arm. The UK arm will have to purchase in £s. LCT will buy raw materials in, but costs for manufacturing are UK influenced. I suspect the whole sector will need to compete on flat pricing for this year at least. LCT arguably has LESS un-certainty than most (due to the above). Thus I think they can be more confident in budgeting for this "brave new world". Note: A big fall in Euro COULD see prices DECREASE for competitors - as they get to buy finished products in cheaper (somehow I doubt that prices will be cut but it's worth a mention). LCT has undertaken some rationalisation of brands and therefore costs savings. I get the feeling they are pleased (not worried) to announce no hikes. I also get the feeling that costs are under control. I think that anyone in this sector that sees growth this year will be doing very well indeed. If LCT report growth in this climate then mid to long term we have a real flyer. LCT was listed in IC a few weeks ago as a potential small cap growth company and I think that's very fair. The question is: is that the growth continuing now. |
Posted at 09/4/2010 12:15 by davidosh I am a long term holder....I have held for about five years. Nice solidly run family backed company paying a good dividend. My type of small cap AIM holding. They have done very little wrong here. |
Posted at 27/8/2009 17:31 by albcamus This is from Hoodless Brennan:Lincat (LCT, 435p, £23.64m) Interims to June 2009 announced with sales of £14.97m (£16.30m) which represented a considerable improvement on the first 2 months of the year, when sales were down well over 15%. The use of dealer incentives reduced pre-tax profits to £2.1m (£2.6m) giving EPS of 26.9p (34.4p) from the continuing operations following the sale of Mercury during the period. The interim dividend is maintained at 10.2p. A strong performance has been slightly offset by the pension fund deficit which has increased from £0.27m a year ago to £1.0m at the interim stage. The existing forecasts of around £3m pre-tax with 40p EPS seems light, especially in light of a lower overall debt as well, we expect forecasts to rise towards the £4m which would imply EPS around 51p putting the group on a 8.5x prospective multiple with a yield, assuming a Held final as well of 6.6% (based on a yr total of 29p). The performance has surprised and we happily move the share from a Hold to BUY, with a price target of 522p which would be a yield of 5.5% and a prospective PER of 10.2 times. |
Posted at 27/8/2009 06:17 by albcamus Pretty good interims with the dividend held despite tough trading. Sales recovery in Q2 should hopefully get the share price moving today. |
Posted at 01/4/2008 08:09 by saint or sinner? Preliminary results for the 18 months to 31 December 2007Summary of the Group's performance and activities: 32% increase in headline operating profit from £4.502m to £5.955m 42% increase in headline earnings per share to 63.8p Final dividend of 18.2p announced, giving a total dividend for 2007 of 28.0p 10% increase in Group sales to £34.5m, with strong growth at IMC (13%) and Britannia (46%) Britannia occupying new freehold premises from January 2008 |
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