Xp Power Share Discussion Threads

[johnroger] 13/1/2020 14:44

The recommended dividend for the fourth quarter of 2019 will be announced with
the 2019 Final Results on 3 March 2020 but is not expected to be less than 36
pence per share, representing a minimum total dividend of 91 pence per share
for 2019, an increase of 7% over the total dividend of 85 pence per share paid
for 2018.

[mfhmfh] 13/1/2020 10:08

Outlook:

'Order intake for the fourth quarter was strong and we remain encouraged by the healthy order book and ongoing new design wins. On this basis we expect revenue growth in the 2020 financial year.'

Dividend also being paid today.

[mfhmfh] 13/1/2020 09:49

Further positives:

'The Group’s new Enterprise Resource Planning (“ERP”) system is working well and the Group has continued to ship at or above normal rates since mid-November'.

'Net debt at 31 December 2019 was £41.5 million, compared with £52.0 million at 31 December 2018'.

[mfhmfh] 13/1/2020 09:26

'Order intake in Q4 2019 was strong with an acceleration in December of the trends seen earlier in the quarter. The improvement was seen across all of our sectors. '

'...across all of our sectors' suggest semicondutor sales also accelerating which was the one laggard in 2019.

[mfhmfh] 13/1/2020 07:36

Will be back up to previous highs of 3,700p hopefully.

[valhamos] 13/1/2020 07:18

Order book up 30% in 4th quarter and actually up for the year (4% constant currency, 2% like for like), so recovery firmly in place.

[our haven] 13/1/2020 07:15

Order book looks strong also, dividend up, can only help the share price this morning.

[suetballs] 13/1/2020 07:10

Nice trading update. Debt down too.
Suet

[jon123] 09/1/2020 20:18

i'd like to see the debt being paid down

[mfhmfh] 09/1/2020 16:06

next update on 13.01.20 - dividend also being paid that day.

[johnroger] 09/1/2020 15:59

Up by 60% in 6 months and momentum increasing, driven by? Reduction in US/China trade tensions or something not yet in the public domain?

[losos] 02/1/2020 12:49

robow - Thanks, already have Victrex & XPP and might go for Howdens, they are replacing all our doors next week haha.

[robow] 02/1/2020 11:05

tipped by Richard Beddard in Money Observer

[losos] 30/12/2019 17:35

Up 7.8% on the day - not bad :-)

[losos] 30/12/2019 13:04

Nice rise in share price this morning :-)

Some specullation a while back about takeover, I assume any bidder will neeed to go above 3060, I'm just back above water now haha.

[mfhmfh] 16/12/2019 15:01

3,060 being paid

[mfhmfh] 10/12/2019 11:57

buy rating reiterated in today's IC.

[mfhmfh] 10/12/2019 10:32

Buying opportunity IMHO.

'As a result of current shipment run-rates now tracking at least in-line with our expectations, we expect to recover the fourth quarter revenue shortfall resulting from the ERP system implementation during the first quarter of 2020. Notwithstanding this shortterm issue, we are encouraged by a robust order intake during the first two months of the fourth quarter of 2019 and our expectations for 2020 are unchanged'

Peel Hunt today reiterates buy rating.

[mfhmfh] 10/12/2019 10:22

short-term setback only IMHO:

'Order intake in the first two months of the fourth quarter has been robust and more than 20% higher than achieved in the same two months of the prior year. The improvement has been seen across all of our sectors.'

[valhamos] 10/12/2019 08:56

Robust orders - "The improvement has been seen across all of our sectors." which will include semiconductor equipment which had been weak in the last year.

[otemple3] 10/12/2019 07:57

If it is just an ERP ststem delay then 2020 expectations should rise, but they haven't.....

[tradingsun1] 10/12/2019 07:53

@suetballs like this ? During the period the Group has experienced some short-term disruption to shipments from the implementation of a new Enterprise Resource Planning (“ERP”) system, which will result in revenues and adjusted profit before tax for 2019 being below current market consensus1. The outlook for 2020 is unchanged against a backdrop of robust order intake in the fourth quarter to date.

Sold out recently but will look to buy on any weakness. Short term negative effect shouldn't hold it back for too long, no?

[suetballs] 10/12/2019 07:17

Trading update this am not all good news.
Suet

[mfhmfh] 26/11/2019 11:42

Berenberg today initiates coverage with a buy rating and 3,330p target price.