Lpa Share Discussion Threads

[baner] 02/8/2021 14:20

could there eventually be a bid coming here? should be worth 100p++

[diku] 29/7/2021 14:22

On the move again...any contract news in the offing...

[castleford tiger] 28/7/2021 17:28

tigger here

[boystown] 27/7/2021 23:03

I imagine there are lots of us here, but waiting for real news and expecting a LOT more longer term.

[diku] 27/7/2021 22:41

Nobody here?...

[diku] 27/7/2021 14:27

Is this finally on the move...break out...

[arthur_lame_stocks] 16/7/2021 09:39

Peter Gyllenhammar's track record is certainly mixed but he has made around £50m from the stock market so he's not unsuccessful. I wouldn't think he's planning on holding for a particularly long time, he also tends to be activist and will make changes to realise value. If he manages to realise a decent profit in a relatively short space of time then I would expect him to sell out and move on.

Whether or not his holding is a good thing will remain to be seen.

[castleford tiger] 15/7/2021 15:13

interesting

[bottomfisher] 15/7/2021 14:56

Anyone have any thoughts on the recent changes in LPA's shareholder register?.

Cannacord, which used to be the biggest shareholder with 7.8%, has sold out and the elderly Peter Gyllenhammar has taken a 6.19% stake, making him the third biggest shareholder after Peter Pollock and Michael Rusch, former LPA executives. The only remaining institution with a disclosable stake is Simon Knott's Rights and Issues Investment Trust with 4.83%.

Gyllenhammar seems to specialise in buying stakes in UK small caps selling at a discount to book value, and LPA fits the bill on this score. But his track record in picking winners in UK small cap investing does not look particularly remarkable.

There seems to be a changing of the guard at LPA with a new chairman and two new non-execs. over the last year. The old management, who have retired from the business and appear to control around 25% of the company along with friends, are getting on a bit, and one wonders what will happen to their stakes.

Will Gyllenhammar's investment be seen as a wakeup call for LPA's new management, or provide a safe long-term shareholder who can be counted on to help protect LPA from any unwelcome overtures?.

[diku] 15/7/2021 08:23

Have wondered if Luceco would be interested in taking over LPA?...aren't they also into LED lighting...

[diku] 01/7/2021 18:55

One of the laggards beginning to make a move...any contract news out there those in the know?...

[buywell2] 01/7/2021 08:33

POST REMOVED

[tictac] 24/6/2021 14:14

You may be right charo. There's a great business in here waiting to emerge, but the management haven't shown many signs of realising that potential.

The recent contracts should be more than enough to underpin the valuation though.

I've held here for ages and obviously its not been so much fun.

[charo] 23/6/2021 15:14

Massively overvalued.

[ansc] 22/6/2021 11:04

Following the announcement of the contract win this morning .....

Paul Curtis, CEO commented "Our business development activities remain strong with this award adding to our already record order book. Manufacture for this contract will commence this financial year."

[castleford tiger] 17/6/2021 14:35

Or in other words, jam tomorrow.

Record order book but sales actually fell, just how far ahead does their order book look? Must be somewhat more than 12months.

Been on my watchlist but I don’t see any compelling reason to buy just now

just the time to invest in my opinion.
I have bought more and will continue

tiger

[dr biotech] 17/6/2021 13:41

Or in other words, jam tomorrow.

Record order book but sales actually fell, just how far ahead does their order book look? Must be somewhat more than 12months.

Been on my watchlist but I don’t see any compelling reason to buy just now.

[ansc] 17/6/2021 10:14

Interim report extract:

'The Group continues to focus on costs and cash retention, and development of our people and product ranges, ensuring it is strongly positioned for the future. It is envisaged that as world economic activity increases, the work that has been undertaken throughout the last year will put the Group in an excellent position to maximise the opportunities for growth and Group development that may arise.'

[charo] 17/6/2021 08:23

Why is the pension fund shown as an asset, with no deduction for liabilities.
Or is this the surplus.

[value hound] 17/6/2021 08:12

Mixed bag - but looks to be worth twice as much given time.

[diku] 04/6/2021 11:17

Must say that is the tightest spread I have seen for some time...some big move coming?...don't know which direction though...

[diku] 03/6/2021 22:22

Start of new leg down?...