Lpa Share Discussion Threads

[deanowls] 06/12/2022 17:25

Look at what PG has done at PCA that also had high exec costs.

[baner] 06/12/2022 14:57

the company is debt free-ish today with a market cap of c. £10m. at £1.75m of EBT, PER would be c. 7 so it seems you are a bit tough on LPA here Charo. but say in 2023/24 they turnover 22m at 9% ROS, EPS will then be c. 12p. at a PE of 12 this will take the shares to c. 145p. it seems to me the risk/reward is pretty sound here - however we still are in total agreement central costs seems to be far too high.

[charo] 06/12/2022 12:33

To justify current market cap needs to report circa 1.75 million pretax profit,basic fundamentals.SO NOT NEXT YEAR ,perhaps following if management gets into gear.
With continual restructuring doubtfull.
Board has no meaningful skin in game.PG interest may focus them
doubt he will bid
but will threaten to support any possible suitor.
Value will only come through merger or takeover but doubt sufficient value for cash offer.

[castleford tiger] 06/12/2022 11:48

how many others like this are in the business?

PA Group plc, the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, is pleased to announce the sale of an undeveloped plot of land owned by the Group.

Following internal review and taking account of the property market, the Board agreed to market the plot. A blind bid process commenced through an external agent and a cash offer of GBP1.72m was accepted, and the sale has now completed. The plot is in close proximity to the Group's Saffron Walden site and gave rise to rental income of GBP7,000 pa from a communications mast which is situated on the plot. The net proceeds are expected to be invested in the medium to long term to support the Group's growth. The book value of the plot at 31 March 2022 was GBPnil. The proceeds, net of sale costs, will be recognised as an exceptional gain in the current year's results, with gross sales proceeds of GBP1.72m.

[baner] 06/12/2022 09:15

"There is no value in a break up"........come on, Charo. you must be able to do better than that.......however i do agree with you the plc costs are horrendous and that there is clearly need for more efficient management of the businesses. there is far too much overhead in the group. but this is why the break up value is likely to be significantly higher than the prevailing market price, you see.

[charo] 06/12/2022 09:04

There is no value in a break up.The shareholders bear cost of plc and need operational improvement to justify even present value.

[baner] 06/12/2022 09:04

nor did i. maybe a pint too many ?

[castleford tiger] 05/12/2022 16:46

I didn’t understand the post at all

[baner] 05/12/2022 12:14

charo

how did u come to this conclusion: "parts are less more......" and what do u actually mean with this?

[charo] 04/12/2022 16:20

In this case parts are less more than the sum.
PF very astute but wrong target.

[castleford tiger] 02/12/2022 15:12

CT I think evhoward is confusing Peter Gyllenhammar with Per Gyllenhammar, that's all.

(it looks like the post has now been edited)

ARTHUR

Per is retired as far as i know.
Peter is the investor and will shake this out of its slumber.

long overdue

[baner] 02/12/2022 08:48

Kinwah - sounds like a good scenario going forward. The break up value is probably nearer to double the prevailing share price - central costs are massive and reduce the perceived value way too much. Time for change.

[kinwah] 02/12/2022 03:22

PG is picking up lumps of old family related stock. I think he'll get to 29.9% fairly quickly then with his fan club of me, Tiger and others call a general meeting to change the board. I think we all want to see the inherent value in this company realised.

[buywell3] 01/12/2022 20:38

Ref

UV-C DISINFECTION IN PUBLIC TRANSPORTATION VEHICLES: FOCUS ON TRAINS AND TRAMS



The above looked at DISINFECTION FROM VIRUSES AND BACTERIA IN THE DRIVER'S CAB

Alstom, one of the largest manufacturers in the railway sector, has been involved with the development of an automatic, effective and safe solution for eliminating viruses and bacteria inside the driver's cab

What about the travelling public ?

An evaluation of the risk of airborne transmission of COVID-19 on an inter-city train carriage



Conclusion bottom line being

While the risk of infection for a one-off journey is likely to be low, our analysis suggests that there is the potential for a significant number of reinfections on the carriage when a particularly infectious person is present. Every effort should therefore be made to mitigate the risk of transmission on these carriages.

Filters in train air delivery systems do not cope well with such a small virus as Sars-Cov-2 at 0.05 microns in size




Thua enclosed (therefore safe) UV-C chambers that inactivate the covid virus as the train carriage air passes through it (within a second ) need to be installed if safety of travelling rail passengers is or becomes a key requirement

[arthur_lame_stocks] 01/12/2022 17:46

CT I think evhoward is confusing Peter Gyllenhammar with Per Gyllenhammar, that's all.

(it looks like the post has now been edited).

[castleford tiger] 01/12/2022 17:01

Arthur

what do you mean?

[castleford tiger] 01/12/2022 17:00

Arthur

what do you mean?

[arthur_lame_stocks] 30/11/2022 20:59

Wrong Gyllenhammar i'm afraid.

[evhoward] 30/11/2022 20:53

I hope it’s not just wishful thinking but is LPA is about to break out of the recent narrow range? NED purchase this week encouraging.

[kash_] 30/11/2022 12:13

LPA Group plc, the high reliability LED lighting, electronic and electro-mechanical system designer and manufacturer, announces that it was informed on 29 November 2022 that Gordon Wakeford, Non-Executive Director, purchased 6,300 ordinary shares in the Group at a price of 80.00 pence per share on 29 November 2022.Following the above purchase, Gordon Wakeford is beneficially interested in 28,000 ordinary shares in the Company, representing approximately 0.21 per cent. of the Company's current issued share capital.

[castleford tiger] 28/11/2022 23:18

Picked up 3 million shares pretty quickly and added 600k plus to get to close the 25%
This BOD must be terrified!
Not selling my 2.4% at this price.
Fireworks coming .

[buywell3] 28/11/2022 17:02

Worth a read imo

[kash_] 28/11/2022 13:49

Peter G now at 24% shareholding of LPA. RNS today.

[boonkoh] 25/11/2022 23:42

But it would have grown given the movements in yields since the infrequent revaluations...Yes, wouldn't be able to sell it at the full actuarial surplus. But would expect a good portion of it.

[baner] 25/11/2022 14:31

the pension surplus u c in the balance sheet will absolutely not be the amount the company may receive from any surplus - the pension providers are skinning the cat in and out so out of 4m maybe 1m in a very good world will end up with the company. other than that, things looks OK.