Lpa Share Discussion Threads

[999henry] 26/6/2008 20:39

Pouncing not on. AP must await major discontented family shareholder to offer to sell! Anyway where are the half year results? Usually reported this week!
Maybe head honcho on holiday or trying to drum up business in exotic places.Pray what became of the promised big contract announcements ?

[cyril4] 26/6/2008 13:58

when will the panther pounce

[999henry] 13/6/2008 18:43

The half year unaudited results are due later this a month. I am sure that they will declare some sort of meagre profit, be a bit gloomy about the prospects for the full year (only 14 weeks to go so must have idea of outcome) . But full of enthusiasm for 2009. Cannot understand why a"Big Contract" has not been announced yet! I belive that Andrew Perloff offered a good deal on the land - OK much less than the mythical £2.2M, but the difference was that LPA could stay put until ready to move. Well all that is water under the bridge as share values in housebuilders plummet.

[charo] 13/6/2008 11:14

lpa is massively overvalued.the sale of the land will result in relocation costs which will eat up any profit.typical of many small family controlled companies who prefer to deteriorate rather than lose control.ap and others will be back and without other action by the board they will lose and deserve to.

[999henry] 01/6/2008 19:01

Been away so missed the Cambridge News "Blog". I would hardly describe Mr Pollock as avuncular more a Flashman. As usual he was promising Jam Tomorrow. The fact is that his 11 years at the helm have been a management disaster and the shareholders have simply got the the crumbs from the table. Andrew Perloff rightly pointed out that the 2 Executive Directors were appropriating the profits in the form of salary, pension and bonus. As for the sale of the site - too late as all the major housebuilders closed up shop in February.The reference to the historical issue over the site sounds more like a large skeleton in the cupboard. The statement that Alstom unexpectedly lost the SW Trains contract to Siemens simply shows that the marketing was neglected, anyway what does a chartered accountant like MR Pollock know about marketing. To his sort it is just a business overhead involving plenty of good lunches and visits to exotic places (China,Taiwan and Australia to mention a few). Anyone competent in railway engineering would have spotted that the Alstom Juniper (Adelante) was rubbish early on. Then pray why did LPA not get on a plane to Germany and called on Siemens earlier after all with the demise of BREL showed clearly business was going abroad. Of course the family shareholders stay on board the Titanic - they never paid for their shares but inherited them and captain Pollock has assured them that rescue would be at hand - though always next year.

[arthur_lame_stocks] 14/5/2008 18:15

I've got quite a lot of repsect for Andrew Perloff, he's a value investor in the proper sense and Panther's results are always quite good fun to read.

[999henry] 24/3/2008 14:49

Immediate opportunities include extra coaches for West
Coast Mainline which, if the order is placed, would have a significant impact on
the final quarter of next financial year and subsequent periods.
Well that one has gone out of the window! Apparently the extra coaches mentioned by the Chairman last June will not be ordered until 2012. Just another case of Jam Tomorrow delayed again!

[999henry] 15/3/2008 21:58

Do you really believe the claim by the Chief Executive that dealing with Perloff is costing money? The Chief Executive is currently drawing a pension from the pension fund as he is past retirement age but also collected a pension contribution of £18,000. He collected a bonus of £26,000 on a pitiful profit of £230,000 after tax plus a salary of £144,000, whilst the shareholders only got £60,000. It is time the family shareholders woke up to the fact that the Jam never comes Tomorrow.

[dumbarton2] 08/3/2008 10:18

Holderse should vote the board off otherwise Perloff will keep on arguing and it will cos the co money.

[cyril4] 06/3/2008 09:51

does anybody have a copy of ap's letter to the choosen few shareholders

[999henry] 07/2/2008 16:30

AP can do nothing until one of the family shareholders despairs and sells. Any attempt to buy significant volumes on open market would send price through the roof. All he can do is attend AGM and reason with the unreasonable.

[dumbarton2] 07/2/2008 09:57

Look at the pe ration far too high.

[cyril4] 07/2/2008 09:53

I ASSUME AP HAS LOST ALL INTEREST ?

[dumbarton2] 29/1/2008 11:33

The other thing noted is shareholder funds have decreased year on year...

Total equity shareholders' funds from £5,723.000 to £5,496.000 !

This was partly due to the pension asset decreasing !

Caution therefore on looking to buy this stock on assumed net asset value of the company is needed.

[dumbarton2] 29/1/2008 11:19

Jam tomorrow again.

Profits are poor despite the co attempting to put a spin on results. As for net assetd well LPA isn't a property company and land prices can go down as well as up. The co has too find new premises and that will cost them money.

The co has got no real future imo its just ploding along.

[999henry] 29/1/2008 08:14

Posted in July.-Whilst on the subject of profit- an annual tunover of £16M was projected to produce an operating profit just short of £900K so we shoud be looking at another £740K in the second half and a final dividend in the region of .4p - Pigs Might Fly. Well the PBT turns out to be less than half the £700K which featured in earlier forecasts. But we do get the .4 dividend! The profit being achieved is pathetic and as usual a litany of promises for the future. Why on earth is the time serving non-exec having his contract extended?
The present Chief Executive has to retire in 3.5 years is there any succession planned? No doubt he will be receiving the usual bonus and salary increase based on a derisory result!

[999henry] 26/1/2008 08:13

Someone sold 100,000 shares on eve of publication of the 06/07 FY results!

[999henry] 21/12/2007 15:26

Titanic appoints new First officer!

[cyril4] 29/11/2007 09:09

could be panther,if not there's only one other maybe being with R

[arthur_lame_stocks] 28/11/2007 21:10

Probably Panther

[cyril4] 28/11/2007 09:37

can someone tell me who made the bid, i think i know who

[999henry] 27/11/2007 15:27

So the Directors are looking at selling Saffron Walden for £2M. But pray what is the footnote about a "window" in production at Niphan. First time it has been mentioned this year and does this mean another poor year? Now 2008 will be the Chief Executive's 11th year in office!! Every year we are promised Jam Tomorrow. The sale of the SW site will no doubt reduce the borrowings but what is really needed is trading profit and that appears as elusive as ever. Perhaps this time the family shareholders will wake up to what has been done to their assets.