Spain Fund
20 Oct 2016
Re: Interesting View I don't know anything about it but in at 158.92 and out 170.29 for quick profit. Bought ITV again after selling out a while ago
Jack_Walsh
20 Oct 2016
Fallen 60% from peak - I'm in This looks like a decent entry point.I'm in for £10k.
Tired and Confused
20 Oct 2016
Re: Interesting View Self help measures is code for no END divi. Hardly surprising given the debt levels. ENDYou might be right. However a short term cut to this divi perhaps is more likely given the extreme reaction to yesterdays news. The new boss, who could be 'kitchen sinking it' might not want to 'chuck the baby out with the bath water' as well. Stopping the divi completely whilst forecasting a better 2017 and sends a rather mixed message.The smartphone market has in essence be mature in the'1st world' for years but thankfully, as most know, these products have a very limited life and are replaced at least every 3 to 4 years by the those who break them or just use them like jewelry. The improvements to functionality with every new update are largely irreverent to 95% of users who just use the camera and a handful of apps, most of which would work perfectly well on an iphone 4, to send pointless pictures and messages in various formats and of course to surf the net. The car market is also saturated but just the same we keep changing and scrapping cars which would run on for years with a little TLC.This is because they are often not just a mode of transport but a way of saying something about you, your status and progress in life. In the scheme of things, they are more than just functional.Growth may slow but smartphones will be bought, used, broken and replaced on an epic cycle for year to come. that is until the the next big thing comes along to replace them. Hopefully laird will be involved in that!AIMHO and DYOR
schwee
19 Oct 2016
Re: Interesting View Self help measures is code for no divi. Hardly surprising given the debt levels.
Spain Fund
19 Oct 2016
Interesting View [link] supplier Laird has warned annual profits will fall sharply following a sudden downturn in its smartphone components business and unprecedented pricing pressures.Shares in the group almost halved to 165p as it said it may be facing “a new reality” in the mobiles market after an expected pick-up in smartphone production failed to materialise.Tony Quinlan, Laird chief executive, said the company was looking into whether there may be a permanent shift in the way the consumer devices market operates.“What we have to accept is that this might not be a one-off. It might be a new way of working. We’ve got to look more forensically at this stuff.“Are we looking at a sector that is reaching maturity? We don’t have the answers yet.”The profit warning comes at a difficult time for Samsung, one of Laird’s key customers. Last week Samsung suspended production and sales of its Galaxy Note 7 after devices caught fire.In a gloomy third-quarter trading update, Laird said it now expects underlying full-year pre-tax profit of around £50m. That compares with analysts’ expectations of £75m, and £73m profit in 2015.“This is not good news,” Quinlan said, “but we hope that once the dust settles people will see we have a specific challenge in one part of the business at a time when other parts continue to perform well.”He added pricing pressure during the third quarter had been “truly relentless”, and that it was taking a number of “self-help” measures to improve operations and stabilise the business.
Tired and Confused
19 Oct 2016
Re: worth a look The Samsung exposure is tiny compared to Apple and it is this along with a frothy market which is at the top of a sort of bull run which has spooked the markets.Not great news but pretty much overdone is my guess.Whether there is any bounce tomorrow is another thing but longer term it probably will and given today's modest investment returns it could be a chance to lock in a dividend yield at a favourable level. Time will tell.At the very least given the companies other innovative enterprises and the devaluation in sterling it may make Laird a takeover target in play.Talking of takeovers IMG which has significant, almost existential dependence on Apple doesn't seem to have taken the same bashing today. Funny old world!AIMHO and DYOR
eltelex
19 Oct 2016
Wouldn't surprise me if it bounced tomorrow.seen it before, 20-30% maybe. following fall it has stabilised.
asianfriend
19 Oct 2016
Re: worth a look Debating whether this is the classic process of a new CEO painting the worst possible picture in his first 100 days or whether there is a long lasting problem. Certainly Samsung does not help but I do not know what percentage of sales it represents. A 47% fall in SP seems overdone but it is difficult to know at this stage.
idontwanttolose
19 Oct 2016
Re: worth a look ShotryI bit of a shock this morning!! now the SP down by 47% this is a share I have had on watch for a while, I just hope the forward statement happens as it was positive.As always dyor
Shotry
09 Sep 2016
worth a look in my view. I'm long from 300 or just below. It looks to have moved beyond a potential resistance, opening up 314/315 on 4h chart, but 323 or more on the daily.
II Editor
05 Aug 2016
NEW ARTICLE: Share of the week: Electric turnaround with upside " LSE:LRD:Laird has executed a pretty impressive and fast-paced turnaround this week. Weak first-half profits triggered a severe sell-off last Friday but, given time to digest the figures, the market has changed its mind, reversing the slide. It's ..."[link]
II Editor
22 Jan 2016
NEW ARTICLE: Another oppo in electronics "In practice:Another day, another electronics company Falling profitability at electronics companies is becoming a familiar theme. I mentioned Wolfson Microelectronics on Wednesday and Holders Technology on Thursday. Now it’s Friday I’m ..."[link]
II Editor
15 Jan 2016
NEW ARTICLE: The week ahead: Unilever, Laird "After M&A speculation caused its share price to spike this week, Laird will release a much-anticipated trading statement. Monday 18 JanuaryAGM/EGMeServGlobal, Aquarius Platinum, Polo ResourcesTuesday 19 JanuaryWell-placed to smash expectations ..."[link]
oldjoe1
02 Dec 2015
LRD, Recent Director Cluster BUYS. LRD laird Forgot to mention these recentish cluster Buying by Directors.......Laird director dealsDate Director Type Volume / price Trade value11 Nov 2015 Mike Parker Buy 17,000 @ 346.58p £58,918.6011 Nov 2015 Jack Boyer Buy 7,000 @ 345.70p £24,199.0010 Nov 2015 Kjersti Wiklund Buy 6,200 @ 350.77p £21,747.7410 Nov 2015 Kjersti Wiklund Buy 2,800 @ 350.77p £9,821.50
oldjoe1
02 Dec 2015
Re: LRD, Fantastic Chart........ FTSE set for a positive start...
