Xp Power Share Discussion Threads

[mfhmfh] 08/11/2019 09:03

This from NT yesterday:

'XP Power has got a real wind to its sales and looks like it could hit the 3000 mark'

[18bt] 08/11/2019 07:38

This is an amazing share price chart. Didn't quite hit the bottom, but wish I'd bought more when I invested in August, but I'll always take a winner. Easily my best performer over the past 3 months!

[soundbuy] 07/11/2019 15:17

£30/£31 looks nailed on.......after that??

[bobbybullet] 07/11/2019 01:09

Sorry wrong thread :(

[bobbybullet] 07/11/2019 01:08

Good forward momentum. Must be a forerunner to something, heading back to the 100p range?

[ifthecapfits] 06/11/2019 08:45

Double bottom at 2000, 12 month high - looks to have further to run.

[ifthecapfits] 06/11/2019 08:45

Double bottom at 2000, 12 month high - looks to have further to run.

[our haven] 30/10/2019 21:46

Would not think so mfhmfh given these low volumes.

[mfhmfh] 29/10/2019 13:28

take-over target? bid coming?

[soundbuy] 29/10/2019 11:31

Break through £27.......next stop £30/£31??

[george gently] 29/10/2019 11:27

Double bounce could mean we are heading up further .

[mfhmfh] 10/10/2019 12:21

positive update today:

Semi-conductor issues remain but 'Order intake in our Healthcare, Industrial and Technology markets remains robust...'

'...the Board anticipates the Group�s performance for the full year will be in line with its current expectations...'

Peel Hunt today reiterates buy rating and increased price target to 2,850p (from 2,650p).

All IMHO.

[jon123] 10/10/2019 08:12

i'd like to see that debt coming down but apart from that its a nice update

[soundbuy] 10/10/2019 07:56

Hmmmm............personally reckon that'll do


Healthcare, Industrial and Tech ok.......Semiconductor a tad meh but as expected(?)

(clear update and no gloss or fluff as usual)

[valhamos] 10/10/2019 07:52

Trading update pretty much as expected; no notable recovery yet for the Semiconductor Equipment sector but markets robust elsewhere with 3rd quarter orders up 6% in constant currency and on like for like basis.

[bobbybullet] 13/9/2019 00:47

All going well since results. Doubled down just before so hoping the recovery continues:)

[kannerwas] 01/8/2019 11:00

I would rather that it accelerated to 3000.

[tim1478] 01/8/2019 09:21

Stoploss hit today. I only invested a relatively short time ago on a Richard Bedford recommendation. A good case of do your own research! Good luck to holders. I think this has further to fall. Hopefully, there will be good news when problems are sorted and then share price should accelerate to 300.

[felix99] 01/8/2019 08:57

XPP - love the company and mgt but its just swimming against the tide - I thought it would drop lower this am but I guess that is reflection of how it is held by investors

[jon123] 01/8/2019 08:51

i think its going to be short term pain for long term gain think it may drop to around the 1700 level which should be strong support

the only thing i don't like is the amount of debt which isn't being reduced and will hamper its ability to make any more bolt on acquisition's

seems to me the trade war is actually working against both the US and china as they have moved production from both countries to veitnam

[thorpematt] 01/8/2019 08:40

I thnk they will make margin improvement via vietnam facility 2nd half but clearly that won't recover the first half defecit and is unlikely return it to past levels.

Failing that if the tarifs unwind then its back to norm. Ironically XPP is better positioned than everyone else virtually on tariffs and thus it could actually favur them against competition for price point and therefore sales moving forward.

To me having read the whole report it seems that XPP is well managed and has made good progress as a business BUT that global economics is a force too strong even for the best companies to fight.

The commentary is that XPP is still on track but as others point out, its hard to see it hit broker targets for this year at least. Happily for XPP its previous re-position of factory resource means no big outlays are needed and that divi keeps rising which is a sign of that strong cash generation. One for the long-term holders for now I guess.

[felix99] 01/8/2019 08:25

cant see how they can get near current forecasts. Forecasts are 170p adj eps. They made 69p in half 1 . Half 2 last year they made 71p so that a big gulf to get to 170p. they should be warning but I guess the plan is to let brokers slash forecasts and then they can say they are in line later on - its a sell all day long till you see the directors start to buy imho

[kingjames] 01/8/2019 08:21

Good cash generation, but reads to me like they need the tariff situation to resolve to make their current forecasts.