Xp Power Share Discussion Threads

[jon123] 06/1/2015 17:07

lol yep better than a kick in teeth like the rest of my portfilio lol

[johnroger] 06/1/2015 17:02

A dividend for the third quarter of 14 pence per share will be paid on 9
January 2015 to shareholders on the register at 12 December 2014. This brings
the total dividend for the first three quarters of 2014 to 39 pence per share,
representing an 8% increase over the 36 pence per share paid in respect of the
first three quarters of 2013.

I thought a 60p rise was worth a post!

[matt123d] 24/11/2014 13:24

Triangle trying to expand to the downside again.

[matt123d] 14/10/2014 14:11

That's fine, different strategies, more than one way to skin a cat! Measured move target is 1230p.

[fozzie] 14/10/2014 14:06

I take comfort from the enormous divi i receive each quarter and from reading interims and finals. This is a superbly run company being dragged down by the wider market. This is a ltbh share for me and has been since £2 when i first bought it.

[matt123d] 14/10/2014 14:04

So does that mean short every stock or does it pay to have actionable signals. If you're long here then it's red on the year, quarter, month, week and day. If that's the sort of stock you like holding then take comfort from your opinion that a general market bounce will help you.

[matt123d] 13/10/2014 23:10

Measured move target of 1230p.

[matt123d] 13/10/2014 23:09

Inside month break to the downside giving full time frame continuity. Monthly lower level triangle in the region of 1300p.

[felix99] 10/10/2014 09:04

yes sold quite a few last week or so - I love the stock but you can't fight the trend and never thought their mkts would be shooting the lights out yet. Looks like next qtr ok but after that I think they may have ye old dip - and that's then probably time to buy back big style

[tudes100] 10/10/2014 09:02

Not sure XPP is going to excite anyone too much at the moment but in the current trading environment not profit warning or indicating that they're getting squashed by exchange rate pressures is absolutely fine in my book.
Growing margin, growing market share and a nice yield while we wait for an improvement in the share price Slow and steady wins the race…..

[billy_liar] 10/10/2014 08:44

What's to like about the Trading Statement? In line with Management expectations rather than Market expectations. Certainly doesn't excite me, particularly in the current climate.

I can easily see XPP following the general sector downtrend.

[thorpematt] 10/10/2014 07:17

Me like TS

[woodcutter] 01/9/2014 17:58

Need to break through the head and shouders neckline at 1600pish to confirm uptrend aimho

woody


free stock charts from uk.advfn.com

[scottishfield] 28/8/2014 13:39

Yes chart looking good woody, I've been adding a few more as we go
along.

[woodcutter] 28/8/2014 13:37

Woody = "a member of the Treasury Select Committee"


i wish!

looks like we've begun a bit of an uptrend....breakout?

Thro' 1600p would be nice

Woody

[losos] 26/8/2014 22:30

Woody = "a member of the Treasury Select Committee"

I'm a touch dubious about this committee, it's true the chairman
has considerable financial knowledge but the others much less so
and I always get the feeling there is a lot of 'showmanship' going
on with most of the committee members.

[woodcutter] 19/8/2014 08:06

seems we're not the only ones thinking that!

Carney accused of delaying rate rise until after elections

Mark Carney, the Governor of the Bank of England, has been accused of trying to put off an interest rate rise until after the next general election.

John Mann, a member of the Treasury Select Committee, said the Canadian was "clearly" delaying a rise: "It is abundantly clear that Mark Carney is attempting to delay interest rate increases until after the election when they rise immediately."

His comments come after he last year suggested the relationship between Osborne and Carney "was in danger of being too close".

Woody

[losos] 11/8/2014 11:51

Woody - "political pressure will prevent a rise at least before the UK general election"

Yes I'm with you on this. Bumping up rates anytime in the next ten months would be political suicide.

Even after the election rates will only rise very slowly. The norm in the past has been quarter point rises but I was wondering recently if governor Carney might try to go down in the history books as the first to implement one eighth point rises, now we have all those computer thingies it would easy to do.

[woodcutter] 25/7/2014 10:20

some interesting thoughts guys.

I'm inclined to look for companies who carry debt which is serviceable and will make a judgement based on the Net Debt/EBITDA ratio.

As an example; a few years ago FIF was trading around 16/22p and heavily indebted but it had fantastic cashflow, so was able to service the interest and was also reducing the debt yoy by a decent amount. No one was buying the stock but it was clear that as the debt reduced the earnings were going to improve, which they subsequently did and as a consequence the share price rose threefold.

Debt can be a good provider of value if looked at in the right context particularly with interest rates at their current level. What's more i do not believe we are going to see a rise in interst rates anytime soon despite Carney and a few others making noises in this respect. There is still too much debt out there and political pressure will prevent a rise at least before the UK general election and the 2016/17 presidential election.

So my conclusions are we are still in an economic cycle with low interest rates which will be around for sometime yet and on that basis there are companies with serviceable debt that are worth a look, particularly if they have strong margins.

aimho.

Woody

[thorpematt] 15/7/2014 18:52

My valuation is close to PHs (a tad higher in fact).

I generally utilise the writings of Ben Graham for this purpose and indeed owners earnings are not earnings if they do not consider interest payments. Companies without such expense have far more cash generation with which to enhance growth, plough back or return to shareholders.

Nowadays folk often quote PER as the king of all valuation metrics but where they fail most in recognition IMO is a)assessing future earnings outlook (which justifies differing PERs and b) EV versus MC (again another function of debt).

If we take DEB as an example, interest payment and debt is high and thus EBITDA is a poor measure. Earnings after interest being much lower. Further, if we consider that to buy the company (become THE owner) one would have to pay the EV price, we see that DEBs real PER is twice what ADVFN lists it to be. Hence I value it at about 55p.

XPP on the other hand has a very strong record of consistent growth, a future market which is growing, a market share which is growing, a margin which is growing and a debt which is shrinking to zero rapidly. Hence its true PER is well short of a sensible valuation.


All IMO DYOR etc.

[losos] 15/7/2014 08:45

sharw - "The reduction in debt strengthens the ability to pay dividends"

I am a great believer in keeping debt low, in fact I can see no valid reason to have any debt. Lord Weinstock built up GEC with very little reliance on it (Shame the muppets who followed him destroyed the business)

The problem I see is that the financial institutions badger company managers to take on debt since it ultimately benefits them (The institutions) not the company itself which has the burden of interest payments to contend with.

Yes, that's a simplistic view I admit, but often the simple ideas are the best.

[rocheberie] 09/7/2014 14:21

Small mention in Daily Mail Finance section giving main figures of trading update and also noting that Peel Hunt's target price is 1840p, just under 20% above today's price

[sharw] 08/7/2014 13:00

Almost certainly before the year end. Here is the net debt record:

£m
30/06/12 15.0
31/12/12 10.6
30/06/13 8.5
31/12/13 3.5
30/06 14 1.6

The reduction in debt strengthens the ability to pay dividends, making this one good for yield at the current price.

[owenski] 08/7/2014 08:41

I calculate this should be debt free within 3 months?