Re: Terrific results today Gretel, Your grasp and summing up (here and elsewhere) is outstanding.Systems (MM's?) just now do not allow buying, just selling. Feels like MM's are building stock for a good gain later.Give it a day or two and the share price will be well up on currentlevel of 170p.IMHOCheers,ws
Terrific results today Agree the prior comments. Excellent results - looks like at 14.4p EPS they beat expectations nicely. Gearing is low, order books are well up and prospects are rosy:[link] order book and prospects in our home and export markets are very positive indicators. The current financial year has started well. We look forward to our medium and longer term future with great confidence.""Sales output in the first quarter is significantly ahead of the same period last year confirming the continuing growth potential of the business."
Re: Next week... With the Results this good, and as I said last week, 190p+plus nowlooks firmly on the cards, probably see that within next couple of weeks.EPS for current financial year are almost certainly going to be close to 15p or over. Put that to a very reasonable PE-ratio of 14, and we are looking at a prospective share price of 210p.IMHO,ws
Re: Great set of Results FAO BISWELL Funny how those negative have gone missing.The excp gain all but went with EXC costs but that's good for the future.I was slightly under with my forecast but reading the results the first half has been much better than last year.EPS over 14p now should be over 16p in this year as we are well (4 months) into it.Anything under 200p is a steal I remain a buyer trying to pick up before WI Ireland put out a new target today.Probably 220p plus but we know company always exceeds targets.Dividend increase of 10% is a nice touch but the capital growth is where we can make money.Strong asset base I expect a record first half that will push the price even further.Tiger
Re: Great set of Results Looking very good indeed. ws
Great set of Results I particularly liked the following comment on the outlook, "Last year finished full bore and this has continued into the current financial year. We expect business to settle down to a higher level than that previously achieved" KEY POINTS -- Sales up 4.9% at GBP22.482m (2016: GBP21.422m) -- Operating profit before exceptional items up 23.6% at GBP1.895m (2016: GBP1.533m) -- Exceptional and non-underlying items GBP73,000 (2016: GBP14,000) -- Profit before tax up 26.3% at GBP1.914m (2016: GBP1.516m) -- Basic earnings per share up 17.1% at 14.40p (2016: 12.30p) -- Final dividend increased 10% to 1.65p (2016:1.50p), total for the year 2.70p (2016: 2.50p) -- Gearing 25.7% (2016: 29.2%) -- Order entry GBP26.1m (2016: GBP20.7m) up 26% -- Order book GBP21.6m (2016: GBP18.0m) up 20% -- LPA Lighting Systems successfully relocated to new facility during the year
Next week... I expect Results to be out early next week. As for EPS, I think we can look for somewhere between 13p and 14p.Should also the outlook for 2018 be robust, then, almost inevitably, theshare price could easily head for 190p-plus. Fingers crossed.IMHO,WS
Re: LOOKS LIKE no results today FD told me they were hoping for today .I wish they could respect shareholders and publish the information in advance.Anyway we wait.Tiger
Re: LOOKS LIKE no results today Last year Monday 23rd January ws
LOOKS LIKE no results today Which is disappointing as I was told they were LIKLEY today.Never mind bit longer to nibble a few moreTiger
Re: Heading for.... ever cautious Sir.........try buying and there are none available.........My money is on 200p by Thursday RESULTS DAYTiger
Heading for.... Heading for 190p by the look of things. CTiger could be smiling.ws
Re: managed another 5k this morning must be showing later as a delayed trade
Re: managed another 5k this morning 171.98 ACTUALLY.tiger
managed another 5k this morning at 173p thoughTiger