Xp Power Share Discussion Threads

[energeticbacker] 14/10/2020 10:11

Featured in Investor's Champion update: Having initially joined the Group as CFO in 2000, Duncan became CEO in 2003, subsequently presiding over a 5800% growth in share price which saw XP gain entry to the FTSE 250 index earlier in the year.

[valhamos] 12/10/2020 08:08

Duncan Penny retiring after 17 years as CEO will be a tough act to follow, but reassuring the CFO is stepping up. Good update with 14% increase in revenue on a YTD basis.

[hawaly] 20/8/2020 12:33

Appears to have recovered the trend line that begin in August last year.

GLA 😎

[18bt] 19/8/2020 10:06

Just sold out of these - they've done incredibly well for me, but PER of nearly 29x even with a forecast 11-12% growth for next couple of years is too rich for me.

[bisiboy] 15/8/2020 13:38

just trimmed my holding this is now a 10x for me although held for many years.
this might just be one of those stocks that keeps on compounding and always looks
expensive.
one rare occasion when buy and hold has worked.

[hawaly] 06/8/2020 10:03

LIBERUM INITIATES XP POWER WITH 'BUY' - TARGET 5130 PENCE

GLA
😎

[suetballs] 04/8/2020 07:48

Looks like the Chairman needed a few quid. Well done him and the rest of the team.
Suet

[kiwihope] 03/8/2020 17:01

I have been watching this for a while. Just couldn't bring myself to buy. Now seems very over-valued on many financial metrics...

[valhamos] 03/8/2020 15:51

The results video and the investor presentation webcast - both on the website - are well worth the time. Semi conductor fab has been cyclical over the years and XPP suffered from the downturn in 2018 but XPP see the market as being very strong for the foreseeable future because of technological changes in both logic and memory sectors. This was also the view from the results last week at Lam Research (LRCX), a top 30 customer for XPP, which I also hold.

[hawaly] 03/8/2020 12:14

Excellent

GLA 😎

XP Power Ltd - Berkshire-based manufacturer and supplier of critical power control systems - Pretax profit for the half ending June 30 was down 20% to GBP10.3 million from GBP12.9 million a year prior. Revenue for the period rose 6% to GBP105.1 million from GBP98.9 million. Expenses increased across the board, with distribution and marketing increasing the most to GBP24.3 million from GBP20.3 million. The company saw its order intake increase by 45% due to the recovery in the semiconductor equipment manufacturing sector and Covid-19 related demand from healthcare customers.

The expansion of XP Power's Vietnam manufacturing facility enabled the group to show supply chain resilience and maintain product deliveries to customers, despite temporary closures due to Covid-19. The company resumed payment of dividends after cancelling the previous two. The dividend for the interim however was slashed by 49% to 18.0 pence per share from 35.0p per share a year prior. The company said: "The board expects further revenue growth in the second half of 2020, although we remain conscious of potential risks arising from a second wave of Covid-19 and the resultant global macroeconomic challenges, and ongoing trade tensions."

Current stock price: 4,260.00 pence

Year-to-date change: up 37%

By Greg Roxburgh; [e-mail]

[fozzie] 03/8/2020 12:13

You can say that again, great reaction from the share price.

[18bt] 03/8/2020 09:00

Strong results this morning and div reinstated. Boost to order book bodes very well. And share price has responded

[eryri] 22/7/2020 13:03

Based on the June trading update, a solid set of interim results expected on the 3rd of August, or are these going to be outweighed by an uncertainly of what lies ahead in in the second half of 2020?

[valhamos] 05/6/2020 09:57

With a 76% yoy increase in orders in April and May it looks like a good few months ahead for XPP. The recent investment in the semiconductor equipment sector is now starting to pay off and we should hopefully be back to the 20% plus returns on invested capital we had 2 or 3 years ago.

[suetballs] 05/6/2020 09:34

Berenberg raises target price from £32 to £41.50.
Nice.
Suet

[mad foetus] 04/6/2020 08:29

Great update no reason why this shouldn't go through £40 in next few days

[18bt] 04/6/2020 07:34

Seems to have really bounced back strongly. No reason why this can't test highs

[suetballs] 04/6/2020 07:19

An encouraging trading update this am.
Suet

[pireric] 09/4/2020 17:01

You can say that again

[suetballs] 09/4/2020 16:32

oops advfn playing up.
Suet

[suetballs] 09/4/2020 16:13

omg - cooking on gas!
Suet

[suetballs] 09/4/2020 16:12

omg - cooking on gas!
Suet

[suetballs] 09/4/2020 16:12

omg - cooking on gas!
Suet