Lpa Share Discussion Threads

[charo] 19/6/2020 10:23

Very poor .

[dealerman] 19/6/2020 09:39

Excluding exceptionals I see this as broadly in line with last year to the half year. Roughly one month of Covid effect in these numbers. Looking forward to more clarity at the year end.

[packman8] 19/6/2020 07:55

Excellent numbers at the half year stage with a return to profit

[dealerman] 17/6/2020 09:46

With the hiatus in air activities and rail UK being effectively state run it will be very interesting to see the performance over the next couple of years. Half year numbers due soon.

[ansc] 01/4/2020 12:56

Co-vid trading update

LPA Group Plc, the high reliability LED lighting and electro-mechanical system manufacturer, reports an update on, and its response to, the impact of Covid-19.

A number of UK and export customers have temporarily suspended operations. In response LPA is reducing current production capacity to match demand, reduce costs, conserve cash and utilise government initiatives to support the Group.

All three units will remain open. Flexible working has been introduced to accommodate childcare, and where practical staff are working from home. Staff segregation and self-isolation precautions have also been introduced. A significant proportion of the staff have been furloughed as we move through this period. At each site, staff and capabilities will be maintained to respond to, and deliver on, customer requirements.

Output, which had been expected to accelerate through March to the end of the year, will now be scaled back. However, orders received have comfortably exceeded sales during the first half, so the order book has continued to grow and remains at record levels which provides optimism for the medium term.

Paul Curtis, CEO of LPA Group commented:

"These exceptional circumstances are challenging for all businesses. We will continue to adapt and will look to work with all stakeholders to ensure rail and other key transportation networks remain operable. The impact on the current year remains subjective as timelines are unknown, but the Group remains robust and we will continue to battle through and emerge fit and well as we hope all of our employees can also."

This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.

[My underlining of what (imho) long term investors need to take on board]

[ansc] 25/3/2020 18:50

Gordon Wakeford (who is joining the board as a non-executive director) has made a confident start by buying 5k (@ 70p) yesterday. A similar move by some of the current board wouldn't go amiss.

[ansc] 20/3/2020 12:51

I notice Chris Buckenham bought 5k earlier this morning. As CFO he ought to know what's going on within the group so decided to have another 5k to keep him company.

[ansc] 20/3/2020 10:17

As I read it, the final dividend is postponed not cancelled.

[castleford tiger] 19/3/2020 20:30

Probably yes

[forensic] 19/3/2020 20:05

With the final dividend being cancelled to the shareholders (i.e. the owners of the business}, can we expect to see the directors forgoing some of their salaries as well?

[meijiman] 10/3/2020 14:48

Got to feel a bit for Tiger being a big holder in Dart. Nothing worse than having a massive winner collapse on you. Still this permanently low oil price should be good news once the forward fuel contracts expire (apologies for OT)

[ansc] 10/3/2020 12:32

AGM takes place next Wednesday (18th). Last year's AGM statement gave a fairly accurate insight as to expectations for the remainder of that financial year following a depressed trading start; hoping the chairman will be able to confirm this time his 'Outlook' written in the 2019 Annual Report.

[meijiman] 20/2/2020 10:46

What could possibly go wrong.

[ansc] 20/2/2020 10:28

Annual Report arrived yesterday and gave me a timely reminder of the chairman's comments regarding the company's prospects for their next financial year:

[Outlook

The start of the current financial year was challenging, but, as the quarter progressed the pace of activity has accelerated. As previously reported, our order book has recovered strongly, and our order pipeline and our funnel of opportunities are encouraging at home and abroad.

We expect good progress throughout the rest of the year and beyond. We are pleased that uncertainty over Brexit has reduced. We have a strong long-term order book, a strong balance sheet, a skilled workforce and valuable experience in importing and exporting. We expect challenges, but we look forward to the future with confidence.]

[castleford tiger] 18/2/2020 18:43

very true strange things do happen.

I learn something every week
tiger

[ansc] 18/2/2020 11:19

As I said yesterday, CT, it didn't make sense. I have always maintained that in this day of electronic IT, there is no reason why Market Manipulators should not indicate (at the time of the trade being reported) the type of transaction be it buy or sell. But then, of course, they would be loosing their huge advantage over us investors.

Dummy trades this morning indicate online prices of 111.25/114.4p.

[castleford tiger] 18/2/2020 09:59

ANSC

are you sure they were sells?
I am buyer and had some filled at 112

tiger

[ansc] 17/2/2020 13:30

21.3k shares sold this morning and the price didn't flinch, that doesn't make sense.

[olliemagern] 14/2/2020 12:28

HS2 - Long term this is extremely positive for LPA, but the train build projects will be spread over the next 15 years.

HS2 makes LPA's long term profitability and future secure, but also vulnerable as they are now a very attractive acquisition target.

[ansc] 13/2/2020 18:40

It looks to me as tho' the 25k trade (@ 114p) reported L(ate) as a '?' was actually a buy.

[meijiman] 11/2/2020 12:42

Is HS2 good for this lot~?

[castleford tiger] 03/2/2020 17:42

Post 1122 you have to laugh eh
Tiger

[ansc] 03/2/2020 11:59

A 5p price hike (this after only a net 2,200 shares bought so far this morning) has me baffled. Supply and demand, don't make me laugh .....