Litho Supplies Share Discussion Threads

[lpf] 11/5/2006 15:05

Hi Linhur,
thanks for the report back from the AGM. Was there any mention of the pension situation?
Regards,
Le Petit Fou

[scotswhaehae] 11/5/2006 11:58

re post 76...

looks like someone else is trying to get a few cheaper...lol

yield/per/current trading/cash pile...etc

you name it, LTS has a great future!

[linhur] 11/5/2006 10:07

As the only shareholder at the meeting yesterday , it would appear this company likes to keep in the shadows.The board are very cautious as the market is fragile as indicated in the statement.They will do well to repeat last years figures in the current climate, but if their market gets weaker then a profit warning might be on the agenda. The board and particularly the chairman are keen to keep to the stock exchange rules.

The executive directors are very experienced and are looking for acquisitions particularly of competitors at low prices.

regards
Linhur

[mryesyes] 10/5/2006 18:51

oooooooooooooooooooooooooooooohhhhhhhhhhhhhhhhhhhhhhh this company is such a tease; it should be taken more notice of......

[linhur] 10/5/2006 18:16

7 am tomorrow

[scotswhaehae] 10/5/2006 10:36

AGM trading statement imminent...

Could well move smartly up...

[mryesyes] 08/5/2006 21:51

Watch for the quick sudden drop below to let LTS in for a buyback before it bounces back above 60p

[cwa1] 08/5/2006 10:46

Fingers crossed then.

[scotswhaehae] 08/5/2006 10:45

...and AGM this Wednesday where they have promised to update on trading conditions and sales...

[cwa1] 08/5/2006 10:13

Posted by Carcosa on TMF:-



Litho Supplies would like to thank you, our customers, for visiting Ipex 2006. Over 850 of you came to our stand over the 8 days and some of you contributed to our successful exhibition.

Litho Supplies exceeded their stand target with an impressive order intake primarily for B3, B2 and B1 CtP from Agfa, Screen and HighWater, plus Xerox Digital Print engines and Wide Format Printers from Agfa, Epson and Mutoh.
Having taken care of our first half of the year, the sales enquiries must be followed up to ensure success for the second half of the year.

Square metre for square metre, Litho Supplies must have been one of the most successful exhibitors at Ipex 2006.

Litho Supplies' orders have contributed towards their preferred suppliers acheiving their own targets.

A quick thank you for all Litho Supplies' staff who helped on the stand. A great team with a tremendous team spirit and camaraderie. A pleasure to work with such a dedicated, knowledgeable and successful group of professionals.

Quite optomistic stuff, eh?

[scotswhaehae] 05/5/2006 13:58

My guess from examining the trades is that there has been NET selling of 11000 shares....ie a pittance...

We could see these at 58-60p again in a flash!

Good luck all...dyor!



edit:... in fact it now looks like a flat book!

watch this space for the rise!

[wad collector] 05/5/2006 13:36

Funny looking 18 month chart.Recent drop looks more encouraging in that context-I 'm in a few more too.

[scotswhaehae] 05/5/2006 12:00

Great top up opportunity!

dyor!

[cwa1] 05/5/2006 10:14

Wee bit of a drop today. Wonder why? Looks decent value overall at these levels so have decided to grab a few. Just hope there isn't any nasty news waiting in the wings that we don't know about...

[mryesyes] 28/4/2006 13:39

No one told the market, its gone down for a second day this time still for xd?

[clogue] 28/4/2006 10:30

Bearbull in this weeks IC has shortlisted LTS. The main attraction is the free cash generated.

[mryesyes] 26/4/2006 17:44

Implication 10th May will be good news............bit of a downer if they release bad update sending share price south just after giving all the staff options at 60.5p
NB all 315 got these options
What better indication that they know the price cannot be held back now and will rip so get the options in now, keep the staff ...

[scotswhaehae] 26/4/2006 14:59

AGM 10 May...

Update promised...and should be excellent...

Safe secure yield of well over 6%, 13p of net cash in the balance sheet and a very modest PER...

Great stuff!

[cockneyrebel] 26/4/2006 08:05

marked down as it goes ex divi today

CR

[scotswhaehae] 25/4/2006 10:40

Yep...u beat me to it!

Directors may now pay more attention to getting the share price up over time...

Yield still excellent!

xd tomorrow

[cockneyrebel] 25/4/2006 10:34

Breakout this morning - making a 1 year high.


Director share options issued today viewed as positive I guess

CR

[mryesyes] 14/4/2006 00:19

I agree that the rising FTSE will help pension deficits for companies; but LTS is a company which is very small and could well suffer changes in its market which would mean that it was unable to fund its pension liability out of its profits. I fear assumptions will continue to exceed reality as actuaries assume everyone will live too long, and they are safer being cautious. Actually since I am FTSE bullish I also suspect that swiching from defined benefit to money purchase (in say a FTSE tracker) would leave most employees AND PLCs better off AND with greater flexibility in retirement. I have to say that if May 10 offers no green light, I will reduce on this despite the incredible dividend at the moment - it seems to have no effect on the share price anyway

[rohkap] 13/4/2006 17:10

Agree pension fund liability is a bit of an issue, but they got hit badly by having to change their liability assumptions. The big factor (I think) is the change in discount rate used; hopefully long-term interest rates will continue to move up (as they've done everywhere else) and that liability will start to fall. Looks like the 10yr government yield has egdged up 20 or so bps since the year end and equity markets are up at the same time so if you took a snap shot as things stand now, it would be better than the year end position

[mryesyes] 13/4/2006 16:44

Also I did not like to see the Pension Fund commitments detailed. Its too small a company for me to feel comfortable with their defined benefits scheme as a fairly major holder I read it and felt a tingle of fear.

[rohkap] 13/4/2006 12:35

LPF-would think that £1-1.5mm should be normal range of operating cashflow for LTS. The prior year benefited from reduction of working capital which is more of a one-off. There is not a huge amount of depreciation of fixed assets in LTS so operating cashflow should be similar to operating profits.

What confuses me slightly in latest set of accounts is the disposal of some fixed assets. Chairman states that they took a £240k profit from that, Notes to the accounts shows a £400k profit and the cashflow statement shows only £164k proceeds from sale of property, plant and equipment. Anyone have an explanation for the diverging figures?!