Lpa Share Discussion Threads

[stewy_18] 22/5/2013 13:24

Nice summary Hastings. I think LPA will do very well in a 3 year timeframe. As you say this year is more of a transition year, but as you saw with the latest RNS, contract wins can come at any time. I hope that the LED business will be the primary revenue stream within the next few years and if it keeps growing at last years rates, there will be no doubt that this will be the case. I would be very happy with £2.5 million for the S.Walden sale but not sure that is achievable. My guess is it will be around the £2 million mark (but that is all it is, a guess).

In the mean time, I'm happy to hold. 2014 will be the very exciting IMO.

Regards

Stuart

[hastings] 22/5/2013 13:03

Had a good look at these including running over the Broker note from January along with their update after the contract news on Monday.
Clearly,a good turn around story here with LED product sales rising considerably, now making up a third of sales and rising against a previous twenty per-cent. New and improved facilities, which should bode well for future growth prospects. Land sale can't be far away S.Walden is a highly popular area, so they shouldn't have much trouble selling that paying down debt resulting in a solid balance sheet.It should be interesting to see what price they achieve, but one would expect around the £2.5m mark.
Interesting that it is on the book for just £500k, so I guess there will be an exceptional profit. I see the shares have enjoyed a good run over the last few years since Mr Perloff attempted to get them on the cheap, but with a current market cap at under £9m I would say the shares look very good value.
Figures for this year I note are likely to be flat, picking up again next year.
There are some as of yet unrecognised long term contracts on the books and with a real possibilty of future decent contracts coming through as LED contiues to grow, the shares could well continue to travel. IMO of course.

[vfast] 20/5/2013 10:29

Very good news this morning, £3million order win off a major company like Hitachi may open the door for more orders off other major companies.

Lifts LPA profile, cash will come in from the land and an increase in the dividend will all be beneficial for the share price

[cheshire man] 20/5/2013 08:02

Market likes it :-)

[bigbigdave] 20/5/2013 07:04

Great news............

RNS Number : 0090F

LPA Group PLC

20 May 2013

LPA GROUP PLC

("LPA" or the "Group")

Preferred bidder for Inter City Express Programme lighting

LPA Group Plc, the LED lighting and electro-mechanical equipment specialist, is pleased to announce that LPA Excil Electronics Ltd, the Yorkshire based wholly owned subsidiary, has been awarded Exclusive Preferred Bidder Status by Hitachi for the supply of lighting for the Inter City Express Programme, under which trains will be supplied to run on the Great West Line and Great North East Line in the UK. The contract when awarded is expected to be worth in excess of GBP3m. Initial deliveries will commence at the end of 2013, with major deliveries commencing in 2015.

Peter Pollock, Group Chief Executive, commented: "This is great news and confirms our confidence in the prospects for our LED lighting business."

[vfast] 17/5/2013 10:46

Interesting that the recent selling did not knock the share price but a few smallish buys and the share price move up.

[bigbigdave] 17/4/2013 17:21

2 trades again is all it takes.

[vfast] 15/4/2013 13:20

Good news Hargreave Hale Limited has added to their holding.

[nickjoseph] 15/4/2013 13:18

Two buyers is all it takes to move these.

[bigbigdave] 08/3/2013 12:26

Last of the big spenders, Maybe I should lend him a few quid.....

Director Shareholding

The Company was notified on 7 March 2013 that Per Staehr, Non-Executive Director, had on that day purchased 5,000 ordinary shares of 10p each in the Company at a price of 70.0 pence per share. Further to the purchase, Per Staehr is beneficially interested in 170,500 ordinary shares, being 1.45% of the Company's issued share capital.

[beckaroo] 07/3/2013 19:34

Well to me they sounded more positive than they did in the final results.
They have stated -

October - The current financial year has also started strongly. However the trading conditions currently being enjoyed are unusually good, being the confluence of a strong order book and several medium sized contracts requiring delivery over a short period.
January - After a strong start to the current financial year activity levels have eased back in line with current expectations for the year as a whole.
March - January was stronger than expected and February has continued this trend. This, together with our substantial order book for delivery during March should lead to a satisfactory result for the first half

To me this all looks like they are always trying to temper expectations in case things turn less positive in the next few months

[felix99] 07/3/2013 15:52

re the last statement about relocating. I think it is a guarded warning that there might be some extra costs flying in later in year for relocation or factory upgrading/ disruption costs . I will wait before adding again for those hurdles to be done and or / figures to improve

[stewy_18] 07/3/2013 15:10

fwiw I have posted my analysis of the trading statement here:-

[jamielein] 05/3/2013 13:35

That's a bad sign imo (in the short term of course)

[gleach23] 05/3/2013 12:22

keeping an eye on these although i notice i can't get a quote to sell any quantity at all online currently which is odd...not even 50 shares

[vfast] 05/3/2013 12:12

Nick, when this one moves it will move fast, a bit of good news will push this one into the 90's. IMO

[nickjoseph] 05/3/2013 11:00

Little movement today. Although I purchased some more and they are showng as a sell.

[bigbigdave] 25/2/2013 10:01

Was thinking exactly on the same lines rampmeister.

[rampmeister] 25/2/2013 09:54

Just reading DIA prelims today and interesting to note the sheer size of their potential global market.

"The value that Dialight's products bring to this market applies as well to the installed base of industrial lighting as it does to brand new installations giving an addressable market size in the tens of billions of pounds globally. Our sales of GBP45.5m are tiny in relation to the available market".

If LPA can demonstrate progress in this market see no reason why the PER can't double from here. It would then still be only around 50% of DIA ratio.

RM

[rampmeister] 22/2/2013 14:29

Yes Vfast good news may be just around the corner. TU was issued at 1/3 last year :0)

RM

[vfast] 13/2/2013 23:18

Some good news and a bit of buying and these will soon be back in the 80's/90's pence level.

IMO

[castleford tiger] 13/2/2013 17:57

been buying again............

[vfast] 13/2/2013 17:37

I hope so Tiger, 50% sounds good to me.

[bigbigdave] 13/2/2013 09:30

More signs of life this morning, encouraging.

[castleford tiger] 12/2/2013 18:43

I see a good 50% upside in 12/18 months.

This looks cheap

tiger