Lpa Share Discussion Threads

[castleford tiger] 28/9/2016 08:44

thank you.
tiger

[castleford tiger] 28/9/2016 08:04

still looks soft but happy to keep getting ahead of the game based on I guess 16x they are looking at 11p.
I think at least 10p has been made this year.
We have a 300k exc gain to come next year as well.

Happy to just buy on weakness and sit very tight letting the numbers do the talking.
tiger

[castleford tiger] 28/9/2016 08:01

is that Ireland?

[hastings] 28/9/2016 07:58

Broker target upped to £1.75p this am

[castleford tiger] 27/9/2016 17:19

LPA Group PLC (LPA)*# - BUY
Market Cap: £14m; Current Price: 117p; Target Price: 152p (from 124p)

Stunning interims, material upgrades to FY
LPA’s results statement this morning is way better than expected – whilst we do not publish half-year forecasts, the PBT outcome of £782k is a record for LPA and represents virtually 80% of our £1m FY PBT expectation. Whilst naturally the result of last week’s Referendum may impact short term order entry, the order book for H2 and beyond is very strong (particularly for LED lighting) supporting material upgrades to FY16 and FY17 this morning (EPS +22% and +13% respectively). This is the third set of upgrades since we initiated on LPA twelve months ago, a fact that deserves recognition in the rating. We raise our target price to 152p (representing 16x our new FY16 EPS estimate) and retain a Buy recommendation.

This is a copy of the excellent note by W Ireland .
Once again they are spot on the money.

I think tomorrow or very shortly they will have to review this again. The forecast 9.5 p has gone and I feel sure that my earlier target may well be close to what they put on LPA tomorrow.
Even with the price at or around 144p there is much upside left in a short period of time. 27% and that's just to 200p.

The shares look massively undervalued still and I believe these can go on to make us some serious money

tiger

[castleford tiger] 27/9/2016 16:21

well if we smash 10p the 200p may come faster
tiger

[castleford tiger] 27/9/2016 15:32

Thank you. Normanton site looks good and very busy.

Tiger

[chadders] 27/9/2016 15:07

CT, I reckon you're about right and don't forget we should also be in for a decent dividend.

[allstar4eva] 27/9/2016 14:53

Chart approaching 3yr highs...

[jimmygee2] 27/9/2016 14:34

I always did like the word 'galloping'

[ansc] 27/9/2016 14:33

The best trading update I've had in years. My only regret is that if they'd waited until next week to issue it, I'd have had funds available by then to have bought more c.120p.

C'est la vie!

[cfro] 27/9/2016 13:37

What a great mid-afternoon RNS! :-)

Just added to my holding. This company's going like the clappers..

[castleford tiger] 27/9/2016 12:44

See post 309 on 30.08.16

That 30p upside I predicted was spot on !!

.
There is an easy 30p for anyone buying now in my opinion.

tiger

Anyway here we are now.
Current year will we get 8-10p earnings?

With growth like this and plenty more in the pipeline we should be 15/20 times historic earnings.
On what we know right now I think 200p is fair with upgrades I see 300p being very possible by end 2017.

comments

tiger

[bigbigdave] 27/9/2016 12:33

Excellent statement, Going alot higher imo

[meijiman] 27/9/2016 12:25

Very understated company in terms of releases so think the broker may be able to upgrade forecasts for next year.

[loobrush] 27/9/2016 12:22

Brilliant update and normally they are conservative in RNS's so must be very good

Further to the Chairman's Statement issued with the interim results on 30 June which confirmed that the Group had entered the year at a gallop and that these conditions had continued throughout the first half, LPA is now able to confirm that it is still galloping and that current market expectations for the year as a whole are likely to be exceeded.

[chadders] 27/9/2016 12:20

Excellent news.

[allstar4eva] 27/9/2016 12:13

Certainly is?

[jimmygee2] 27/9/2016 12:12

Ah - the good old midday trading update!

[cfro] 09/9/2016 14:41

Chart finally starting to look a bit more positive.

[chadders] 09/9/2016 09:41

Hope so. Solid well managed company in my view.

[my retirement fund] 09/9/2016 09:41

hmmm you could be right

[someuwin] 09/9/2016 09:24

Next big move up coming?