Lincat Group Share Discussion Threads

[tole] 13/4/2006 08:09

whats up with this one today

[saint or sinner?] 24/2/2006 08:51

Maybe not that positive, however at least not negative (I prefer the glass half full perspective), with results somewhat flat.

At least the divi was increased.

0 ;-D

Saint

[saint or sinner?] 23/2/2006 16:36

Given the steep rise, I think we can expect positive results tomorrow.

0 ;-D

Saint

[tole] 21/2/2006 15:53

Glad I got a few last month - looks like the move has started early with results on Friday :)

[shooting star] 03/2/2006 14:28

... which looks like being Feb 24.

[saint or sinner?] 02/2/2006 12:20

Very quiet share this one.

For those with a Technical Analysis bent, it would appear we have a nice pennant forming on the long term chart, which hopefully will lead to a substantial rise - presumably tying in with the next news release?

0 ;-D

Saint

[tole] 12/1/2006 08:36

Anyone still in these - anything new to report on over the last few months?

[westcountryboy] 07/10/2005 03:08

Hi rivaldo

Well, nothing wrong with taking a profit, but it all depends on how long-term a holder you normally are. Having traded it in the past, I have come to the conclusion that it is one of the few real LTBH shares. 'Unexciting'? I should hope so :-)

Cheers
WCB

[rivaldo] 06/10/2005 10:45

I've been selling down my holding. The latest broker note from EVO is distinctly unexciting. LCT is exposed to quite large price movements (and a large-ish spread) on minimal trading. In the current market it's good to take profits where you can - so I did!

Good luck to all.

[rivaldo] 28/9/2005 08:45

Yep, you can rely on LCT to take things carefully....though I assume the incentive of a big site sale pay-off is a good reason to carry out the transfer sooner rather than later.

[wjccghcc] 27/9/2005 10:30

"The move will take place between now and the end of 2006..."

[rivaldo] 27/9/2005 10:28

Nice reaction to the results, with a 5k buy at 550p. Can LCT re-rate to a P/E of 12 or so comparable to AGA? If we say 55p EPS this year that's a target price of 660p, with significant upside from the Hertfordshire land too.

[rivaldo] 27/9/2005 08:39

Interesting excerpt about the now vacant Hertfordshire site. I wonder how quickly this will start to happen? The potential £5m-£10m gain over cost would do wonders for LCT considering the total m/cap is just £38m:

"We are working closely with planning consultants to optimise the development
potential of IMC's Hertfordshire site, which is zoned for residential use from
2006 in the Local Plan, and anticipate realising a value for the site that
exceeds the costs of the move to and the capital investment in the Wrexham site."

[wjccghcc] 27/9/2005 07:56

Yup. Look fine. PE of 10. Nice yield.

[rivaldo] 27/9/2005 07:40

Results out and ahead of forecasts at 50.7p EPS, with a big increase in the divi too. Usual caution in the final paragraph, but at first look these seem fine results with confidence going forward:


"Lincat Group plc, the publicly quoted manufacturer of commercial catering
appliances, bar equipment and domestic range cookers, announces full year
results to 30 June 2005.

Summary

•Sales up 8% to £34.4m
•Gross margin increased to 50.2% despite higher material costs
•Operating profit pre-exceptionals up 22% from £4.3m £5.3m
•Operating margin pre-exceptionals up from 13.5% to 15.3%
•Underlying EPS up 22% at 50.7p
•Dividend increased 13% from 19.0p to 21.5p per share
•Year end net cash of £170k after £1.5m outlay on IMC factory

Commenting on the year's results, Martin Craddock, Chairman, said:

'The sales and profits growth recorded this year is especially satisfying given
the lacklustre trading conditions and steep rises in raw material costs. We
remain committed to our strategy of driving strong organic growth from a small
group of semi-autonomous, high quality businesses.'"

[wjccghcc] 21/9/2005 08:41

It would be nice if they gave a bit more of a regular update on trading rather than twice a year. It's always stopped me having more than a dabble in these. I don't like surprises unless they're nice ones :-)

[rivaldo] 20/9/2005 21:27

Interest in Lincat is at boiling point now with final results only days away. A massive 357 shares were purchased today, and the MM's are struggling to cope with all the interest. An MM said "It's as if the dot-com days are back again. I'm tucking some away in my own ISA before the real rush starts."

In the meantime, LCT continue to win new business - this is dated 30th August:

Intro:
"Thornton Hall Hotel specifies Opus SelfCooking Centers and Opus 700 equipment
The Thornton Hall Hotel and Health Club, one of the North West's leading wedding and conference venues, has specified a range of Lincat cooking equipment, including two Opus SelfCooking Centers, for its new kitchen."

[rivaldo] 15/9/2005 11:32

Good to see the price moving up pre-results.

[rivaldo] 09/9/2005 10:59

The FD has confirmed to me that results will be out the week commencing 26th September. I also asked if the results would show an adjusted EPS before abortive costs and goodwill amortisation - he noted that the figures would show both headline and underlying results, which is reassuring.

Someone bought a nice job lot of £16k's worth today.

[saint or sinner?] 07/9/2005 07:41

Results were 23 Sep last year, so now firmly in range of the T traders.

0 ;-D

Saint

[rivaldo] 23/8/2005 18:45

And 7,500 shares bought on a T trade at 540p today - keen buying pre-results...

[rivaldo] 02/8/2005 14:24

Looking good - was that 10k X trade at 535p meaningful?

[rivaldo] 01/8/2005 14:19

WJ, many thx - I'll have a look.

Good to see LCT's bid price moving up. Just 6 weeks till results now.

[wjccghcc] 31/7/2005 10:27

Hi rivaldo, my main long-term pep/isa stocks are AVV, CGR, CRE, DCM, DTM, ERT, NCH and XAR all of which have good stories to tell. I have smaller PEP holdings in ALM, LCT, MAO and NSB. FLK is a bit small for a PEP IMHO.

[rivaldo] 30/7/2005 18:28

Incidentally (and OT), I'm desperate for small, growing and fully listed stocks for my ISAs and PEPs after a load of profit-taking a while ago. I've found LCT, CGR, NCH and FLK recently (and have a load of PDT) - any more ideas gratefully received....