Lpa Share Discussion Threads

[interceptor2] 05/11/2015 09:53

Out of interest I have just tried a few dummy buy starting at 10000 shares and coming down to 2000 shares, and nothing offered.

So I agree that MMs seem short of stock, not many profit takers yet, can't see any pullback any time soon imo.

[castleford tiger] 05/11/2015 09:20

Will have to go higher but I agree they are hard to buy ( see my old posts)

Tiger

[ileeman] 04/11/2015 19:37

You would have thought so.

But I could not get a buy qoute from open to close. Since that 50k buy they have nothing, perhaps there is another order filling which would explain why they dont want to move it up.

[castleford tiger] 04/11/2015 19:15

ONLY WAY to free stock is to push price up.Flush out a few sellers

Tiger

[ileeman] 04/11/2015 13:18

'but I have a feeling that many are waiting to buy on any dip'

Yea if the market makers would let you buy any lol They have no stock, have not been able to buy since the 3rd of November.

[interceptor2] 03/11/2015 09:32

A few sells today, I would expect some profit taking after a 30% one day rise yesterday, but I have a feeling that many are waiting to buy on any dip towards 82p-83p area. I am not expecting any pullback to last very long.

Some may point to an historically lumpy order book, but with such a strong reported order book increase from £8.18m in January 2015 to £18.0m now, no wonder that management are sounding rather confident about visibility between 2016 to 2019.

[dozey1] 02/11/2015 18:25

Hey Dozey3 you forgot the other big plus for a small company and that is international reach - China, Taiwan, Australia which is pretty good going. Management came in for a bit of stick on the remuneration front a while back, looks like they may be starting to earn it. Hope so anyhow.

[castleford tiger] 02/11/2015 17:32

some heavy volume today.
expect further upgrades as the broker is very soft and it mindfull not to over state.
300p in 2017 remains my target. lets hope we are not bought before then.

tiger

[meijiman] 02/11/2015 17:30

I took it to mean it was from the RNS as in inverted commas. So re-read the RNS twice!Anyway all looking good here.See another blue today tomorrow-hopefully.

[interceptor2] 02/11/2015 16:29

That is a good question meijiman, I think the expression was in an earlier statement that I came across while updating my records and it was still in my head while I was writing the post, it wasn't in today's statement. I will sign off todays with the last part of today's statement instead.

"Given the record order entry which the Group has enjoyed, the record orders now on hand and the prospects in view, we look forward to increasing progress during 2016 and beyond."

[meijiman] 02/11/2015 16:06

why have you written 'situation improving dramatically'???

[interceptor2] 02/11/2015 15:56

Brought in here this morning and again on the dip, seems that others were waiting for a retrace towards the the low 80s looking at the buying afterwards.

Very good update today with the order book being the key imo, £18.0m now reported versus £8.18m only last January seems significant. It sounds like they have strong visibility over the next 3 years, and the management sound much more confident now. "Situation improving dramatically" does sound rather confident.

Held LPA once before June 2012 to January 2013, made a decent return that time, I would hope to hold a little longer this time and take advantage of the strong order book in 2016 to 2019.

[hastings] 02/11/2015 12:28

Very good points Dozey3. I have also felt for some time that it would make a decent fit for others either looking to enter the space, or widen their reach.

The new facility at Walden is a vastly improved operation which must surely put it in a better position all round, particularly regarding winning both new business and extending that with established customers.

[dozey3] 02/11/2015 12:20

Agreed, interesting link hastings. Not only modernisation but consolidating at the Saffron Walden site which must help margins. Electrical connections between rail carriages are safety critical and a good deal more complex than 'jump leads' hopefully a profitable niche. Micro cap, would be better on AIM IMO where IHT relief would attract more investors. Would've thought their brand new facilities might attract such as Avingtrans with the aviation engineering overlap, or Carclo with their specialist LED overlap.

[inayatk] 02/11/2015 11:48

Having to Pay a premium to buy a few.here :-(

[nickjoseph] 02/11/2015 10:41

Castleford. Still holding although could have sold some 10k (only 20%) of my holding earlier online. After broker note will hold all as we have been patient enough on this share to benefit from it now!

[castleford tiger] 02/11/2015 10:33

Long note out from WI and increased target buy price.
they are not getting mine as this is geared in such a way that almost 150k profit drops to bottom line for every 1 mill increase in t/o

The shares will push on to the 90`s and await for further news.

Now is not a good time to sell in my opinion. I shall be buying anything in the low 80`s that comes up.
Tiger

[nickjoseph] 02/11/2015 10:29

Hastings. Thanks for the link. A good read and well worth a read if anyone here hasn't . Cheers

[hastings] 02/11/2015 09:27

A few words that may be of interest

[dozey3] 02/11/2015 09:14

Michael: there are people here who DO know about this company, no need to waste their time listening to someone who doesn't. And btw the p/e is meaningless if there is an expected step change in profitability.

[michaelmouse] 02/11/2015 08:52

Diary style blog for those interested.

[meijiman] 02/11/2015 08:03

Well things are certainly on the up here. Good news indeed.Noted alot of positive weekend press on rail infrastructure spending-so bodes well going forward. Back to three figures?

[bigbigdave] 02/11/2015 07:07

RNS Number : 1084E

LPA Group PLC

02 November 2015

LPA GROUP PLC

("LPA" or the "Group")

LPA Group Plc, the UK based designer, manufacturer and provider of connection, LED-based lighting and electro mechanical systems to the Transport Industry, is pleased to provide the following trading update for the financial year ended 30th September 2015.

After a challenging first half, the factory load, particularly in the LED-based lighting activity, has significantly improved, delivering a much stronger performance in the second half and the previously reported problems with the integration of the fabrication capability into the electro-mechanical facility have been largely overcome. As a result, the Board expects that results for the year will be ahead of market expectations.

Order entry has been very strong throughout the year and totalled a record GBP26.8m for the year as a whole. The order book at the end of the year totalled more than GBP18m, which is also a record. This does not include an additional approximate GBP7.5m of project work for which LPA has been selected, but for which the delivery programme is insufficiently defined for the orders to be entered at this stage. Deliveries of these projects extend from 2016 to 2019.

The additional project work above includes the selection of LPA by Hitachi Rail Europe to supply connection systems and LED-based interior lighting for Hitachi's Abellio Scot Rail project, comprising 254 rail vehicles. Preliminary orders worth GBP0.3m have been received and the project is expected to be worth approximately GBP2.8m in total, with sales commencing in 2016.

It was previously announced that LPA had been selected to supply LED-based lighting for a rail vehicle project in Queensland, Australia at a value of GBP2.3m. The scope of supply has been increased such that orders worth GBP4.0m have now been received. Deliveries have commenced and are expected to conclude in 2018. Further opportunities are being pursued in New South Wales and Victoria in Australia.

Other export markets remain buoyant. A further small order for inter-car jumpers has been received from Taiwan, which continues to be an important market for the group.

Orders for aircraft ground power supply equipment for New Zealand and also for London Gatwick Airport totalling GBP0.9m have been received and are currently being supplied.

Given the record order entry which the Group has enjoyed, the record orders now on hand and the prospects in view, we look forward to increasing progress during 2016 and beyond.

[meijiman] 16/7/2015 17:00

Is this more or less dead money until next year?-just re-read the last interim statement. might put money to work with a view to buying back in six months.

[castleford tiger] 08/7/2015 17:56

We get new contract wins daily what we need is sales.
Brokers doing the Leeds area today so may have news later.

I asked your question Stewy-18 so may have an answer later.
tiger