Re: market today. Looking quite good here with full order book being worked on. I wouldn't be surprised at another order announcement coming anytime-this would move the price up a bit and throw more light on how well the company is doing now.
market today. 114 shares can be bought at 10330,000 can be sold at 100p.They will have to move price up to flush out sellers.tiger
Re: Castleford will be happy Tiger 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.
Re: Castleford will be happy There is little Blue on my screens right now!! Except LPA........I think we may get a further upgrade at half way and no matter what happens out there this is real work they have and it will last.As the economy takes a hit ( much of it caused by panic) the Government will focus more on delivering road and rail upgrades faster than planned.I remain confident that LPA will continue to out perform the stock market in general.Tiger
Castleford will be happy A very positive statement with the results today. LPA look set for a very good set of interims in June with the increased order book.Castleford will be bouncing this morning!!
Re: Lucky don't expect anything from last years results. 250k underlying at best.They had a dreadful start -----something that's NOT been repeated.I think current year will be the starting block for a good yoy increase.Should be mostly good news and increasing forecasts going forward.Remember that operational gearing works in our favour once t/o starts to increase.tiger
Lucky It is lucky for LPA that there was a land sale the proceeds of which, at the time and now, have kept the company going. I am hoping that, after many false dawns, a worthwhile, profitable and sustainable business will be shown to have emerged, when we hear the results later this month.
Re: Excellent news buy for growth I think following the RNS in November flagging up that forecasts will be beaten the shares were upgraded to buy.Clearly 2015 was a blip and even 250k profits now to be boosted by 500k plus will be smashed going forward.I still have a 300p target based on 2017 earnings.The story has just started here and the shares are hard to buy.They have held up well during the current market fall out.tiger
Excellent news buy for growth RNS-says extra .5 million profit on land sale. Will be included in results which will be out before 31JanAS order books at record high and with this extra cash-shares are a a buy---- now.
Its a record ! As the md says----Given the record order entry which the Group has enjoyed, the record orders now on hand and the prospects in view, we look forward to increasing progress during 2016 and beyond.If they keep going like this could be a record share price too !Roll on the results for next update.
95p to buy going strongertiger
Wow Tiger your right I was sleeping on my watch , did not realise today's massive hike .What a great week for LPA and looks like a bright future LED !! That is !!££££££
Finally got the update A much better second half and current year has started well.The brokers figures are still very soft but W Ireland will look to upgrade as we go along.The shares PE may look heavy based on 2015 year end sept but expect this to fall fast as the orders kick in.A target of 92p leaves huge potential for upside as the shares are tightly held.I remain of the opinion 300p in 2017 is very fair.THE DANGER is that we are taken out before that.Once we hit 20 million t/o every million feeds 100k to bottom line over and above as its gearing suggests.Early days and the shares are worth buying still if you can get them in my opinion.tiger
Pleasant surprise The update was indeed a very pleasant surprise. I know that Tiger has kept the faith, but I had begun to despair that LPA ever come right. The order position is good and the boost from Australia is very welcome. There have been false dawns before and I will only be truly happy when orders translate into profits and that is evidence of sustainable and profitable growth. Long way to go but well done for to-day.
Re: update this next week Well the orders have now come in! Interesting to see where the mm's open the price today....