Re: Dom Perignon to Tiger Kind words..........thank you.I firmly believe this has only just begun the journey. far too early to discuss an exit route but I will probably be ahead of the crowd.The rise to 154p and all the way back today is just laying the foundations for future growth.The brokers have once again been very conservative in their numbers for next year.To be honest they are just stabbing in the dark. They could have said EPS 20P which it would be if the growth continued at the same rate as this year.That said better come back with upgrades than miss a forecast ,especially if the market buys into it.The operational gearing here means you don't need turnover to double to achieve the same growth rate again.I like the fact that we have not issued a load of shares to fund this growth. It looks built on a strong platform.Having looked back today I started here at just over 30p.I expect the shares to return me a 10 bagger before I look at taking some off the table.Clearly todays spurt up left a few people thinking it was time to take some chips of the table. I don't blame them at all. However I think there is a big reward for those who have faith and for new investors who were late to the party, there should be plenty of fun ahead..Expect a steady climb to 150/175 ahead of the results.good luck Tiger
Re: Dom Perignon to Tiger I can relate to that, Mr Tiger does have some great punts that over time can be very fruitful, cheers Tiger.K.C.
Dom Perignon to Tiger Back in the dark days of a year ago when LPA's share price was less than half of where it is to-day, the only reason that I held on to my and my family's shares in LPA was the confidence and enthusiasm that shone through in Tiger's posts. A champagne toast to Tiger to say well done and long may the horse keep galloping away from its stable.
EXPECT further note tomorrow The target price of 152 will be lifted again tomorrow. The 9.5p eps has been smashed. What will guidance be?YEAR ends on Friday so next year if we can get 12.5 or 13p x 16 we get a target close to 200p.Still think 300p is a very fair medium target.The way the costs are with LPA any increase in t/o rockets to bottom line.tiger
Wow , keep galloping The market likes today's positive announcement and well rewarded too !! I know from the simple LED installations in warehouse and office lighting we have had in the past year or so ,this technology is Big and getting Bigger and HAS A GREAT BRIGHT future. Great to see a UK based company doing well in this market. K.C.M.
Re: Great update their galloping they sa... Do we have any brokers forecasts?Expect a note giving us more details soon.Probably close to 9/10p earnings in the last year ( ends this week)Tiger
Re: Great update their galloping they say Nice tick up for the sp too, time for it to gallop as well I think!
Great update their galloping they say Further to the Chairman's Statement issued with the interim results on 30 June which confirmed that the Group had entered the year at a gallop and that these conditions had continued throughout the first half, LPA is now able to confirm that it is still galloping and that current market expectations for the year as a whole are likely to be exceeded.
Breakout? Looking like a long overdue correction here chaps, weak pound must be helping with margins and a competitive advantage when tendering for new contracts. Prof.
Re: looking oversold I 1agree Tiger. They must be gaining on the overseas contracts due to the exchange rates Plus I expect more orders to be announced especially as their prices will be now be considerably cheaper."The forward order book for delivery over the next three years is at record levels, so our future looks very promising.
looking oversold any day now there may be a jump!Tiger
Results Greetings Tiger and yes, I am still in OK. The euphoria has been dampened by their comments on the referendum and less buoyant current trading Of course the results are good but the comparisons are against very weak trading this time last year. The factory move also result in cost overruns and unforeseen problems. These results should have seen a good rise in the sp but expectations were set too high and long term holders of LPA are wary of set backs. It will take several sets of really good results to convince me, and, I suspect the market, that the days of high volatility are over. Good to see that you still have them in your sights.
tejo said..........iTiger may be happy but there was a very subdued reaction from the market. Quite apart from poor first half volumes, there were other, what sounds like, management errors. Now the promised land is in sight, again,, the management sounds very gung-ho. Hopefully, the adrenalin rush will not lead them into errors and that, with the new orders, they have currency hedging and proper credit controls in place. There is no room for slip ups. It is easy to understand the relief that comes from the new orders but the management must now ensure that the next six months really do some very solid profits. LOOKS LIKE THEY LISTENED TO YOUI.HOPE YOU ARE STILL IN.Tiger
open 130/133 More upside coming I feel.tiger
Great update! Solid results, upbeat statement matched with great numbers. Long may demand for their lighting "boom".