LRD, Fantastic Chart........ LRD Laird PLC (Designs and manufactures wireless and other advanced electronics components)Just love this chart with the staircase technicals I look for , its a kind of hybrid of the Elliot Wave System and as proved very profitable in the past, very profitable indeed. It was there staring me in the face on my hot watch list but didnt pick it up until 20 minutes before the close. My target SP on the chart could prove to be very conservative...............fingers crossed. DYOR Annual Income Statement DataActuals in M GBP Estimates in M GBPFiscal Period December 2012 2013 2014 2015 2016 2017Sales 520 537 565 636 688 723Operating income (EBITDA) 81,9 85,7 92,1 102 113 122Operating profit (EBIT) 68,1 67,2 71,2 82,8 91,0 99,3Pre-Tax Profit (EBT) 45,1 43,2 48,1 62,7 67,6 73,6Net income 46,5 30,8 50,1 32,5 53,9 60,5P/E ratio 0,12 0,24 0,17 19,1 17,4 15,4[link]
Re: Splendid numbers Very pleasing as I've recently added at 375p
Splendid numbers Well received by the market too.
LRD valuation Analyst estimates and intrinsic val for Laird (LSE:LRD): [link]
NEW ARTICLE: Nine funds to give you a £10,000 annual income "Income is a priority for many investors, particularly those no longer earning: you can buy your lunch with a dividend, whereas spending a capital gain means you have to sell the investment first. But income, and particularly sustainable growing ..."[link]
LAIRD Director Buys..... <b>Laird PLC insider Purchases £125,989.30 in Stock (LRD)</b>March 3rd, 2015 updated March 5th, 2015Laird PLC (LON:LRD) insider David Lockwood purchased 35,540 shares of the companys stock on the open market in a transaction that occurred on Tuesday, March 3rd. The stock was purchased at an average price of GBX 354.50 ($5.46) per share, with a total value of £125,989.30 ($194,158.27).Shares of Laird PLC (LON:LRD) traded up 3.51% during mid-day trading on Tuesday, hitting GBX 353.50. 1,186,597 shares of the companys stock traded hands. Laird PLC has a 1-year low of GBX 259.454 and a 1-year high of GBX 351.50. The stock has a 50-day moving average of GBX 324. and a 200-day moving average of GBX 308.7. The companys market cap is £942.8 million.A number of analysts have recently weighed in on LRD shares. Analysts at Investec reiterated a hold rating on shares of Laird PLC in a research note on Tuesday. Analysts at Liberum Capital reiterated a buy rating and set a GBX 350 ($5.39) price target on shares of Laird PLC in a research note on Tuesday. Analysts at JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 363 ($5.59) price target on shares of Laird PLC in a research note on Tuesday. Finally, analysts at Numis Securities Ltd raised their price target on shares of Laird PLC from GBX 395 ($6.09) to GBX 440 ($6.78) and gave the company a buy rating in a research note on Monday. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have issued a buy rating to the stock. The stock has a consensus rating of Hold and an average target price of GBX 342.57 ($5.28).Laird is a United Kingdom-based global technology company engaged in the design, development and supply of innovative technologies by providing components and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antennae systems.
LAIRD Broker Coverage..... <b>Liberum Capital Reaffirms Buy Rating for Laird PLC (LRD)</b>March 3rd, 2015 Updated March 5th 2015Laird PLC (LON:LRD)s stock had its buy ratingreissued by stock analysts at Liberum Capital in a report issued on Tuesday. They currently have a GBX 350 ($5.39) price objective on the stock. Liberum Capitals price target indicates a potential upside of 1.48% from the stocks previous close.A number of other firms have also recently commented on LRD. Analysts at JPMorgan Chase & Co. reiterated an overweight rating and set a GBX 363 ($5.59) price target on shares of Laird PLC in a research note on Tuesday. Analysts at Numis Securities Ltd raised their price target on shares of Laird PLC from GBX 395 ($6.09) to GBX 440 ($6.78) and gave the company a buy rating in a research note on Monday. Analysts at Investec upgraded shares of Laird PLC to a hold rating and raised their price target for the stock from GBX 250 ($3.85) to GBX 300 ($4.62) in a research note on Monday, January 12th. Finally, analysts at Credit Suisse reiterated an underperform rating and set a GBX 270 ($4.16) price target on shares of Laird PLC in a research note on Wednesday, December 17th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the stock. The company currently has an average rating of Hold and an average target price of GBX 342.57 ($5.28).Laird PLC (LON:LRD) opened at 353.41 on Tuesday. Laird PLC has a 1-year low of GBX 259.454 and a 1-year high of GBX 351.50. The stock has a 50-day moving average of GBX 324. and a 200-day moving average of GBX 308.7. The companys market cap is £942.5 million.Laird is a United Kingdom-based global technology company engaged in the design, development and supply of innovative technologies by providing components and solutions that protect electronic devices from electromagnetic interference and heat, and that enable connectivity through wireless applications and antennae systems.
LAIRD Bullish Chart........ LRD laird couldnt resist the chart and the oversold day today Small punt hoping for a positive day thurs and upmove and continuation of the bowl moving higher.[link]
Re: Laird price plunge Always happy to see your posts LG, and Laird has some volatility in its track record, but the story the chart is telling me is up. Maybe I should be a machine.ST
Re: Questor says BUY 15 Jan 2015 Laird PLC LRD Liberum Capital Buy 0.00 309.20 350.00 350.00 Reiterates.SP TARGET 350p.
Re: Laird price plunge >>>This may be of help?<<<thats just 'noise'..u cant fight the machines..SELL
Re: Laird price plunge This may be of help?" Numis Securities has maintained its 'buy' recommendation for Laird, but highlighted a slowdown in organic growth at the electronic components supplier towards the end of the year.The company, which designs technology used in mobile devices and supplies companies such as Apple, said it would meet consensus forecasts for 2014.Numis estimates that organic growth for the year in US dollar terms should be around 8%."While there was a FX tailwind in the fourth quarter, the organic growth rate in US$ revenue at circa 3% was lower than in the first nine months of 11%, largely due to tough comps and some supply shortages in smartphones," said Numis analyst Nick James.The broker has amended its forecasts for 2015 to reflect the benefit from a strong US dollar, offset by a "more conservative" underlying revenue growth forecast of 7%, down from its initial estimate of 10%.The net result of these changes leaves earnings estimates for this year more or less unchanged.However, James said he still sees upside risk: "Given continued investment in infrastructure, R&D and sales network, at this growth rate operating margin expansion would be somewhat muted, although there is good scope for top line outperformance which would drive operational gearing."Numis maintained its 395p target price for Laird's stock, which was down nearly 8% at 305.8p by 10:27 on Friday"
Re: Laird price plunge HI,Thank you for the well thought out and deeply analytical post.........not.Please give your reasoning for this post so others can judge whether to invest or not.Post like this ( and equally the useless rose tinted buys) are of no use to man nor beast.
Re: Laird price plunge SELL..target 215..
Laird price plunge The company's just come out with what seems a reassuring statement, yet the price falls by over six percent. Is it just a case of "buy the rumour, sell the fact", in which case we can probably case the price to recover before too long, or is something else going on? Anyone got some ideas?