Lpa Share Discussion Threads

[castleford tiger] 25/11/2022 07:49

Its time we were seeing a prolonged period of profit now.
It looks like 1/2 million at best in second half.

Hopefully we can build on that going forward and get the inflation ravaged earnings % back up.

This should be making 1.5 to 2 million a year then it looks attractive again.

The debt should be close to zero it was about 2.5 at half way and we got 1.7 plus this profit means its less than 400k.

Tiger

[bigbigdave] 25/11/2022 07:09

LPA Group plc, the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, is pleased to provide a trading update for the year ended 30 September 2022.

In the interim results we outlined that H1 was loss making and that H2 would show a strong second half. We are pleased to report that H2 was indeed as predicted, with good progress being made, resulting in an improved trading performance compared to the second half of the prior year. The Group will make a small trading loss for the year, however, with the exceptional gain achieved through the disposal of unused land, the Group will report an overall profit before tax.

We are continuing to transition the business as we broaden our product offering, our worldwide coverage, and the market sectors we serve. We still have a heavy dependency on projects but the foundations are being laid for more repeat routine product sales. In support of this, several key appointments have been made across the Group, notably in sales and engineering. We are delighted to have appointed two new MDs to lead our electro-mechanical and distribution businesses.

Pressure from our supply chain remains as inflation and other macro-economic factors dominate industry. Increased prices and long lead-times are impacting many of the products we supply, however, the impact on the business of these dynamics is being managed.

Our orderbook remains high at £28m. Managing our working capital remains a key focus and the cash from our land sale supports a stronger balance sheet.

Our strategy and direction is clear and, although we anticipate continued pressure from much of the above, we are making good progress towards re-balancing the business.

[my retirement fund] 24/11/2022 12:47

That's pretty significant, anyone got any theories for his end game ?

[castleford tiger] 22/11/2022 17:11

i wonder why the news feed not picking it up on here?

[kash_] 22/11/2022 11:55

Another buy from Peter. Holding increased to 19.18%.

[kash_] 13/9/2022 09:55

Peter now over 18% after latest purchase

[castleford tiger] 13/8/2022 08:38

Thanks

The selling part was late reported so I had not picked that up.

I wonder why sell now?

I have high hopes this gets to 200p before I sell.

I hold almost 2% I think with 270k shares

tiger

[kinwah] 12/8/2022 20:24

Sorry Tiger I'm abroad and posted in haste. I was using 4.8 as an abbreviation for 4th August. On reflection I was probably wrong. PG was probably sitting with 12.98% on 3rd August and simply purchased the Thynne holding on 4th August taking him to 17.27%. Therefore no need for me to mention good chunk. Anyway it is good that he is picking up previous family related stock.

[castleford tiger] 09/8/2022 17:06

kinwah
could you explain that to me please.
I don't understand
tiger

[kinwah] 09/8/2022 09:10

Thynne sold her holding of 4.29% on 4.8 accounting for a good chunk of PG's purchase on the same day.

[castleford tiger] 09/8/2022 08:19

still no declared seller

[buywell3] 05/8/2022 20:57

POST REMOVED

[value hound] 05/8/2022 17:31

my retirement fund

Gyllenhammar is not one to bid above market price and I've seen him bid below market price before (and win!)

Where was that just out of interest?

[castleford tiger] 05/8/2022 17:12

They will declare I guess?
why sell now?
just had a 15% boost with a sale in the books for nowt

[iamnotanumber6] 05/8/2022 12:04

My money's on Peter Pollock, as he retired with 1 million shares.

[castleford tiger] 05/8/2022 11:31

who sold the 5% ?

[boonkoh] 05/8/2022 11:01

Don't think I've seen Peter G make a takeover bid before. I've seen him pop up a few times on shares I own, and I think he's always been passive?This is one of the largest stakes I've seen him take though (percentage wise, not ££ absolute wise)

[someuwin] 05/8/2022 10:17

...Getting interesting now.

[my retirement fund] 05/8/2022 10:13

Money to be made taking it private, would add about 1.5M to the value just by getting rid of the execs who add very little, but Gyllenhammar is not one to bid above market price and I've seen him bid below market price before (and win!).

[packman8] 05/8/2022 09:58

Gyllenhammar stake now 17.3% Change or bid in the offing?

[my retirement fund] 26/7/2022 12:13

Should ensure the execs salary and perks for a couple more years

[value hound] 26/7/2022 10:33

Not bad at all; sale amounts to 12.76p per share - with a loss of £7k p.a. Let's hope they invest it wisely.

(The book value of the plot at 31 March 2022 was £nil)

[charo] 14/7/2022 10:14

the executive team are vastly overpaid for size and performance of company.

[muckshifter] 30/6/2022 09:05

Unfortunately, yes. Overall the report seemed promising in the medium term to me, from a company which had the misfortune to be heavily involved in two elements of the travel industry which suffered badly from Covid related "rescheduling". I hope their diversification plans work out - and soon would be nice.

[castleford tiger] 29/6/2022 17:09

the wait continues
tiger