Lpa Share Discussion Threads

[castleford tiger] 12/10/2012 18:54

Buy the dips............sell the highs.

Under 80p to buy and got them away at 97p just a few weeks ago.

You have to take the opposite view with shares like this.

BUY when the market is weak and SELL on strong days.

Otherwise you try unloading 250k shares.

Tiger
ps i wish we had re furbed the site BEFORE moving in!!

[sundance 13] 12/10/2012 15:36

Just bought a few more, following the daft share price reaction to an excellent trading update.

[pj 1] 12/10/2012 15:07

Didn't time this one well, down 11% already......

[glasshalfull] 11/10/2012 20:36

Agree CR.

Personally I was delighted with the today's statement. Similar to another of my holdings that also exceeded forecasts this week - DOTD - & produced a similar statement reflecting increased investment in the very short term with expectations of accelerating earnings 12 months out. Many investors in DOTD were also critical of any short term impact on profitability with the shareprice diving 20% within minutes of the market opening, before finally recovering over the last few sessions. Investors clearly with different trading parameters & time horizons.

In the case of LPA, the shareprice reaction also reflects the changes in PI's trading instincts IMHO. Having been about for sometime (like many of the posters invested here :-) I've noticed that there's a far greater degree of trading on such statements which I think is partly explained by the economic uncertainty of the last few years - with investors simply locking is few % profit, rather than playing it for the longer term gain - and also the ease of trading nowadays...you can buy & sell via mobile or tablet while on the move.

IMHO, also add to the mix that there is a lack of patience generally, with investors expectations generally greater. Its apparent that many PI's now believe that the management of a company are responsible for driving a shareprice higher rather than concentrating on the day to day running & strategic direction of a business. It's also clear that many PI's also take larger positions than they should and many carry "leveraged positions" or buy on T+20's without ability to pay for stock, that also leads to a more nervous environment.

In the case of LPA, it is also an illiquid share & while exploring availability of stock this afternoon, my broker was quoted 87p for 10k...4p over the offer at the time. With the illiquidity it obviously follows that price movements will be exaggerated on a relatively small number of shares changing hands.

Irrespective, LPA appear to be operating in something of a sweetspot. Earnings for the year just ended have been upgraded again; this year has started strongly and they indicate the Tudor Works Site looks likely to command "significant surplus over book value"...so I'm more than content to hold and reap the longer term rewards. It's still only on a market cap of £9.6m!

Each to their own.

Regards,
GHF

[cockneyrebel] 11/10/2012 19:49

I think they are UK-I. And the start of the new year has been trong. They are being up-fromt in saying that for a short period the earnings will weaken a tad while they move factory but they are doing that to increase eps!

So do you sell just because there will be a short period of weaker earnings and miss any bounce as you get the boost to earnings aftertwards. Any short term dip is for good reason.

Not really that muchof a surprisae is it, other than to those uninformed recent buyers imo.

CR

[bigbigdave] 11/10/2012 19:13

Absolutely gobsmacked that this wasn't storming away today after today's statement.
Lets see if SCSW cover it at the weekend.

[pj 1] 11/10/2012 08:36

Warning of POSSIBLE REDUCED EPS in the short term IMO

[ukinvestor220] 11/10/2012 08:26

are they saying that they will exceed the recent expectations that were increased due to expecting to materially exceed the previous expectations in august ?

[cambium] 11/10/2012 07:58

Great start to a wet Thursday. Looking forward to serious upgrades here

[cockneyrebel] 11/10/2012 07:37

Trading sounds like current trading is very strong imo.

Going to be interesting to see what the earnings growth is like once they get moved in and sorted with the new building.

Nice mark up pre open :-)

CR

[bigbigdave] 11/10/2012 07:11

Wow, how good does that sound! :o)
Off to read it again.

[cockneyrebel] 08/10/2012 13:19

Buyers might be buying ahead of SCSW coming out this weekend as it's one of their tips imo.

CR

[nickjoseph] 08/10/2012 09:29

Still holding these for some time now. Was getting a bit worried that it had all gone quiet, then as usual a big jump, never seems to go up just 1p at a time, always 4 or more...

[cockneyrebel] 08/10/2012 09:23

Start of another leg up after this consolidation?

Perhaps some news coming.

CR

[cambium] 08/10/2012 09:13

Just got done before the jump

[cambium] 08/10/2012 09:12

Here's the next leg

[cockneyrebel] 04/10/2012 20:33

A bit of consolidation here before the next leg up imo.

CR

[woodcot] 04/10/2012 14:17

Just check again you can still only sell 1000 at 80p however you can buy 25000 at 83p now (online with Barclay's SB)

My guess is this will turn very quickly when the overhang is cleared; I'm tempted to buy at 83p but may hang on and see what tomorrow brings.

Picking the highs and lows is impossible, I'm happy as long as I'm in the right company and I normally take a 24 months view.

I'm also looking at one other company to buy shares in so not quite sure which way to go at this stage.

[pj 1] 04/10/2012 13:59

Fair do's, your timing looks better than mine woodcot. :-((

[woodcot] 04/10/2012 08:55

I was going to buy a few more this morning but will sit back and wait a little bit longer.

Online you can only sell 1000 shares at 83p but you can buy 15000 at 84.1p maybe someone is trying to off load some stock.

I think LPA is a good share to buy but I'm just trying to catch it on the low point of the dips.

[woodcot] 03/10/2012 12:33

There appears to be resistance at the 90p level.

[woodcot] 02/10/2012 10:04

PJ, I would have bought more but the rest of the money that I'm going to use will be available later in the week. It's a dividend from another company I own shares in.

I have a target of the amount of shares I want to buy but cannot buy them in one trade anyway hence the 3000 today and maybe a few more small trades might do the job.

[pj 1] 02/10/2012 09:53

woodcot, don't wait too long, IMO if any volume does kick in this will break out

[woodcot] 02/10/2012 09:47

Just bought only 3000 and it goes up a bit.I'm still interested in adding a few more shares but will wait to see if there are any drops in the share price

Just noticed the 3000 shares I bought is showing as a sell on ADVFN.

[woodcot] 29/9/2012 10:58

I've come to the conclusion LPA is a bad company with no prospects and is way over valued! So sell sell sell.

The true is I will have a bit of spare cash this week and LPA is on my shopping list so hope the share price doesn't move up and I wouldn't mind a little set back.