Lpa Share Discussion Threads

[ansc] 11/6/2019 15:29

Interim figures tend to be released towards end-June (last year 21st) so not long to wait. Having 'worked' the price down for very little reason, the Market Manipulators now upping the price in anticipation, again on very minimal demand.

[meijiman] 03/6/2019 09:07

Good post there..difficult to quibble with your workings. Maybe the Board is of the opinion this is undervalued as well. wouldn't want it to get taken over on the cheap.

[buywell3] 03/6/2019 07:51

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[buywell3] 03/6/2019 07:24

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[buywell3] 31/5/2019 16:39

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[buywell3] 31/5/2019 16:21

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[castleford tiger] 31/5/2019 07:39

hope you are right as i have been buying what i can all week.
Added another 35k this week.
Mid 90`s

Tiger

[buywell3] 30/5/2019 16:31

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[olliemagern] 30/5/2019 13:26

Csatleford,
The Bombardier delayed Crossrail orders were two years in the planning and design, with significant costs born by LPA. When delivered they will be very high margin that recoups earlier costs.

On the other hand when trying to establish new significant customers initial contracts will be very low margin.

Hence the Turnover to PBT ratio is not linear and highly dependant on margin mix, its best to look 3 to 5 year averages/trends. Margin will be low this year and more normal the next few years when delays are ironed out.

Small cos are by nature lumpy, more risky, more rewarding, but crucially LPA will be more fun in 2020 and 2021.

[meijiman] 30/5/2019 09:16

more to the point..should folk be buying the shares at these lowly levels?

[buywell2] 30/5/2019 08:30

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[castleford tiger] 30/5/2019 08:04

Buywell you must be in the industry.

thanks
tiger

[buywell2] 30/5/2019 07:43

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[castleford tiger] 30/5/2019 07:36

GUYS ANYONE GOT THE LATEST NOTE?

I am struggling to see how a 3 m delay in sales is going to have such a dramatic effect on PBT.

last year we had t/o at 28m and pbt at 2.2m so about 8%

year before on sales of 21.5 we made 1.5m

I get operational gearing etc but a pbt of just was it 300 or 500k suggests to me that we have produced the goods for the sale and incurred all the costs without the actual cash coming in.
There can be no other explanation.

Maybe Eric in writing the note can give me more information.

cheers
Tiger

[buywell2] 29/5/2019 07:32

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[ansc] 28/5/2019 11:29

I'm hoping that LPA can follow Luceco's (a fellow LED and wiring company) example; they were hammered a couple of years ago (260p down to 40p) following a profits setback but, over the last 16 months, have recovered (profits) and share price has consequently climbed (now back to 120p ish) over the past 16 months.

I'm happy to accept the Chairman's explanation and confidence in the future so added a few more this morning.

[castleford tiger] 25/5/2019 18:53

WYG thats my kind of premium.255%

Was in my pals in Quinta last week you want nothing better.

Winter in the Alps.

Tiger

[buywell3] 25/5/2019 18:00

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[castleford tiger] 25/5/2019 14:01

I would be upset at 140p !

Thats an exit of 10x based on 14p eps which is pretty normal.
well backed by real assets i think 200p might tempt me.

Tiger

[buywell3] 25/5/2019 11:50

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[meijiman] 25/5/2019 09:55

This has been one step forward/one step back for years now. Time for some new thinking. WHI analyst unable to walk and chew at same time.

[buywell2] 25/5/2019 09:10

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[castleford tiger] 25/5/2019 08:55

SO THIRD downgrade.

Operational gearing kicks in reverse here.
we started at 1.9 and 13.30 p
then 1.3 and 8.9p
now 300k and 3p

All on a loss of t/o off just 3m.

Well i guess i will have to try and add to my stake if it drops but my 300p target has well and truly gone.

A very lumpy business that would sit in something bigger.

I hope we don t accept a low offer based on this years results.

Tiger

[hastings] 25/5/2019 08:37

The WH Ireland note.

[jay083] 25/5/2019 08:22

Hastings, where did you get the forecast pretax and EPS from?