biswell2
15 Jul 2017
LPA SP falling in 2017 The strikes over the driver only operated trains seem to be getting worse as the unions get more entrenched in their position against them in many areas of the country.Such actions seem to be hitting the share prices of all train operators, so when I read this it makes me wonder about the government commitment to the Rail Industry , Mr Grayling does not inspire confidence.As a result a resurgent Labour party is using the Rail Industry problems by backing ASLEF to cause trouble.12th JulyKey rail projects are being shelved to fund DUP deal, MP Judith Cummins claims during Prime A BRADFORD MP has accused the Government of sacrificing transport improvements in the North to pay for its controversial deal with the DUP.The minority Conservative Government last month struck a £1bn deal with the Democratic Unionists to secure their backing in key votes.Now Judith Cummins, Labour MP for Bradford South, has spoken out over speculation that Transport Secretary Chris Grayling plans to further delay the long-awaited electrification of the TransPennine rail route.Speaking during Prime Minister's Questions today, she said: "We have had two general elections where the Government have promised investment in the northern powerhouse, and yet again, within weeks, they have U-turned on the TransPennine electrification."Is the £1bn deal with the DUP to keep the Prime Minister in power being funded at the expense of investment in Bradford and the north?"
CASTLEFORD TIGER
30 Jun 2017
Re: LPA Falling Share Price that looks a loaded question.I don't work for them so not suretiger
biswell2
30 Jun 2017
Re: LPA Falling Share Price Before I doWhat work has LPA currently got with Bombardier ?cheers
CASTLEFORD TIGER
29 Jun 2017
Re: LPA Falling Share Price Ha ha take a 5 year view and the chart remains in an uptrend.Of course you get pull backs but my view is simple........THE MARKET IS WRONG.That's when big money can be made.Lets have predictions going forward from you v me and see where we go.tiger
biswell2
29 Jun 2017
LPA Falling Share Price The share price has been falling for the last 6 monthsThe recent fall due to the latest news of flat-lining revenues just added yet another lower low on the chart to go along with all the other previous lows before <img src='[link]
CASTLEFORD TIGER
28 Jun 2017
Re: LPA flatlining and other problems What has happened here is that the BOD have sought to buy loyalty from shareholders by upping the dividend in the face of a falling SP due to slowing sales.THE SHARE PRICE FELL AFTER THE ANNOUNCEMENT NOT BEFORE What I also see is that it is difficult to find any forecasts of 2017 , 2018 I HAVE FORECASTS FOR THIS YEAR AND NEXT (WHICH HAS BEEN INCREASED) It seems to me the BOD shun broker and PR attention.INCORRECT HOWEVER THEY PREFER TO DELIVER BY RESULTS. I am watching developmentsTHANK YOU BUT NOT REALLY ANSWERED MY QUSETION
biswell2
28 Jun 2017
Re: LPA flatlining and other problems What has happened here is that the BOD have sought to buy loyalty from shareholders by upping the dividend in the face of a falling SP due to slowing sales.What I also see is that it is difficult to find any forecasts of 2017 , 2018 It seems to me the BOD shun broker and PR attention.I am watching developments
CASTLEFORD TIGER
28 Jun 2017
Re: LPA flatlining and other problems biswell do you have a position here or were you looking to get involved?I view it like this.I see Directors having their money on the table as a GOOD thing.I see a company with a market cap of 16 million this morning that has a Asset position of 9.7 million.These are not goodwill etc assets but real things like property etc that makes up 70% of that position.Asset growth over the year was strong.Looking at timings etc on deliveries can increase unsold goods but the amounts do fluctuate.I see nothing of concern and the steady first half was well flagged up.What you have to do is look at the current position and we are 3 months into that period.Things are unwinding and there will be growth in the second half and into the full next year which has lead to an increase in forecasts.In my opinion now is the time to invest rather than sell out ,but I have always gone the other route.tiger
biswell2
27 Jun 2017
LPA flatlining and other problems Not only is LPA flatlining but if you check the numbers in the balance sheet in the latest results1. Total Liabilities is up 25 % on last year2. Also inventories ie goods not sold is also up 25%Anybody else see this ?Problem here is that because the BOD has around 20% plus of LPA stock , in mu opinion for what it is worthIi think they all wear the same brand of pink tinted specs
CASTLEFORD TIGER
27 Jun 2017
Re: LPA Flatlining/ DO NOT agree H1 revenue of £10.8m was bang in line with April’s trading update with a flat-ish PBT of £750k down to the previously flagged reduction in H1 margin. the out-turn is said to have exceeded management’s internal budget and was a function of product mix (more lower-margin project work), reduced aerospace/ defence business and the loss of an oil and gas customer to administration. All three of these factors can be expected to reverse in H2 with the net result that FY expectations are unchanged. However, the continued strength of the order book at £22m gives greater confidence that FY18E numbers need to be revised up..I think profit before tax will grow at least 10% following a 5% increase in Rev.The house broker retains a buy and a 200p target.So my advice is rather than sell you should look at this again.tiger
biswell2
27 Jun 2017
LPA Flatlining Not only were profits down on last year if exceptional one off was excluded.But the order book stood at same level as last year, there is no property to dispose of this coming year to prop up the balance sheet.The company needs a shakeup
CASTLEFORD TIGER
26 Jun 2017
I disagree The fall in profit pre exc was less than 10k. Did anyone comment that tax to pay was down?The slightly lower margin mix was flagged up in March and the first 6 months were spent moving lighting so that causes disruption.My target for the year of 1.6 m to 1.8 remains plus the excp gain which after spending 100k is now only 200k.I expect EPS to be ahead of last year at approx. 13/14p.A company with some brand new assets and now some capacity to grow into , a strong order book , and very little debt looks cheap at 10 x earnings.I think a baser is formed from us to kick on to.The dividend alone is worth having without capital growth. I have bought two further 5000 lots on todays soft market.Good luck those departing.tiger
tejo
26 Jun 2017
not a solid update The market is not happy and nor am I. Despite the company seemingly in a sweet spot with rail and gaining from sterling weakness, the underlying business went backwards. I have stuck with LPA for a long time, comforted by Tiger's enthusiasm, but reduced holdings early to-day when I read the results. Management needs a shake up I feel and company in a weak position if there is a downturn
biswell2
26 Jun 2017
Not a Solid Update! Read the results againWithout the exceptional item , a one off property saleThe profit would have been smaller than last yearThe market is not happy
wastamoney
26 Jun 2017
Solid Update! -- Revenue increased 3.1% to GBP10.81m (2016: GBP10.48m) -- Operating profit before exceptional items GBP772,000 (2016: GBP782,000) -- Net exceptional gain GBP226,000 (2016: GBP14,000) -- Profit before tax increased to GBP976,000 (2016: GBP782,000) -- Diluted earnings per share substantially increased to 6.81p (2016: 5.34p) -- Interim dividend increased 5.0% to 1.05p (2016: 1.00p) -- Order entry increased 7.7% to GBP14.85m (2016: GBP13.78m) -- Order book stands at GBP22m (2016: GBP22m) -- Lighting operation successfully relocated in the period
