Lpa Share Discussion Threads

[castleford tiger] 22/8/2018 16:05

thanks good read

[buywell3] 22/8/2018 15:40

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[castleford tiger] 21/8/2018 22:32

I am very close to 3% not really wanting to go over as they are split in various accounts and that’s a problem. If you add up them all then it’s probably 4% but just under the 3 for me personally.
Very few shares available I could only get 11 today ( then they made a mess of the 1 k which is why it was reveresed.
Far too cheap and with 3% tax free to boot I will keep buying.
Pleased others feel the same.
Tiger

[andy2205] 21/8/2018 21:44

CT, good to see you are still adding, from your earlier posts (over the last few years) you must be at 3 to 4% soon? I have bought a few times over the last 2 years and have also added recently. We need LPA.to announce a contract/orders win! All the best Andy.

[castleford tiger] 21/8/2018 16:35

had a late forage in the market getting 10 at 105 and then a further 1k

that's all I could find

tiger

[ansc] 17/8/2018 13:05

After this morning's one buy (961 @ 104p), the online quote now is 101.5/106p. No wonder the R B clients are appearing to be reticent.

[castleford tiger] 16/8/2018 17:22

Don’t know tipped by Redmayne Bentley today to private clients. Expect a few buyers tomorrow
Tiger

[gr4nts] 16/8/2018 13:02

why the sudden drop anyone know?

[ansc] 16/8/2018 12:17

And now the bid price this morning has suddenly dropped to 100p ... no wonder I keep getting these headaches!

[ansc] 14/8/2018 11:38

The Market Manipulators appear to be soaking up periodic selling (c.106p) without dropping the price ..... I wonder why?

[castleford tiger] 08/8/2018 18:49

NO ITS TRADING FINE.
just August chaps.
buywell the issue of options is poor form . At least give them a target!

Will mention at the AGM

Tiger

[freddie ferret] 08/8/2018 14:04

Not seeing any graphs in the header.
Not seeing a share price change for a few days.
Should have been an RNS.
Will have to check trades, though it has always been thin.

[waspfactory] 08/8/2018 13:55

What makes you think that?

[freddie ferret] 08/8/2018 13:45

Has this been suspended?

[buywell3] 08/8/2018 13:28

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[castleford tiger] 06/8/2018 21:15

The price is as given I understood

[buywell3] 06/8/2018 15:17

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[meijiman] 06/8/2018 10:01

Yes that's an interesting point.
Is the option award timetable fixed in stone -you could argue that it makes some sense to smash the share price ahead of any new award-though clearly the directors will also hold normal ordinary shares.
I don't read much into the FD purchase -he could have have told to buy some by the Chairman/ceo -any being a new boy he wouldn't want to go against their wishes.

[castleford tiger] 06/8/2018 09:09

buywell not sure what you mean?


Bit naughty I think setting options at a price they just smashed by 50% with a poor outlook statement

This could be back up there very soon.
They are going into the market to buy the shares
Tiger

[buywell3] 03/8/2018 14:30

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[ansc] 02/8/2018 07:47

I agree wholeheartedly, CT. The clincher for me was seeing the (relatively) new CFO [joined October '17] buying 5k of shares on 27th June. Would any sane investor, never mind a director with his 'finger-on-the-pulse' of that company, spend £5k knowing there is a doubt about the company's long-term prospects or even existence?

[castleford tiger] 02/8/2018 07:24

Ok ALS

We have no idea how current order book is doing but we do know it declined because they told us so.
So I guess the theory is that sales will have to decline and because of the fixed cost structure that will impact heavily on profit.
That's what we know.

However
However, as previously reported, the medium term maybe more challenging. Order entry in Electro-Mechanical and to a lesser extent in LED Lighting has not kept pace with sales and the Group order book has declined. Successive changes in Government procurement policy have impacted domestic supply chains for both new and refurbished trains and there is increased competition in our Asian markets. Nevertheless, we are rising to this challenge and have been selected for GBP1.8m of new LED Lighting and power socket export contracts for trains being imported to the UK, for delivery commencing in the next financial year.

So there may well be new companies out there we can win business from.

read this part
As previously reported the levels of sales and profits in the current year are exceptional and may be under pressure next year, but the funnel of opportunities, which leads to the pipeline of orders and order entry, is very encouraging. The Group is in robust shape and we look forward to the future with great confidence.

The company is valued at 13m but has net assets of 11m.
We have spent a great deal on automation etc in the last two years and this should help going forward.

I think the lack of selling by the directors who own a fair chunk shows their confidence.

Hence at the 1.00/110p and trading on a current year p/e of 7 I rate the shares cheap

Tiger

Tiger

[arthur_lame_stocks] 01/8/2018 20:41

But why's it cheap? Ok so it looks good for 13p eps this year but look at the outlook statement and order book which has dropped off a cliff.

"However, as previously indicated, the medium term maybe more challenging. Order entry in Electro-Mechanical, and to a lesser extent in LED Lighting, has not kept pace with sales and while Distribution is doing well, the Group order book has declined. Government procurement policy has changed impacting domestic supply chains for both new and refurbished trains. The "long term through life" cost approach used on Cross Rail and London Overground, which favoured our reliable, long lived sustainable products has changed to one requiring only support for the franchise period, typically seven years. In addition, the procurement of 7000 new trains, significantly more than the running annual average of around 700 trains, has exceeded domestic capacity to supply, necessitating import from overseas train builders who are not yet existing customers, presenting us with the challenge of displacing existing suppliers to achieve orders."

This is a disaster in the making, I can't understand why anyone would think this is a value investment at this price.

[castleford tiger] 01/8/2018 18:53

Think its simply fallen to far.

Bought what I could some as low as 98
Tiger

[ansc] 01/8/2018 16:18

Something brewing? Sellers able to get 106p at the moment..... no thanks.