Member Info for GoldAnOil

It illustrates how deeply CPI is entrenched in the infrastucture of the nation. Many local and national government functions are run by CPI and as pressure on salaries increases, so will CPI's input. It is arguable if this a good thing, outsourcing to a lower cost operator at the cost of civil service jobs, but it is a fact and it will not change for the forseeable future. The fact that CPI have been bold and are prepared to re-structure for the future can only be seen as constructive. Let's face it, CPI is virtually a government department and will be supported as such. IMHO of course.

...Sheldon moment there!

You need to look a bit further back. The SP collapsed in mid October from around 300p, so we are a long way off any recovery. There have been further dips, not as bad, and the RI RNS was one of the causes. Further consideration showed that the RI, (IF it happens), was a prudent move and was seen as beneficial long term. The fact that the PM division may be sold off and turnover (and profits) reduced until the CV side of the business is profitable is the cause of the lower price. The fact that the Final dividend has been cancelled didn't help. The SP will recover, but I feel we have to accept it will be a slow process and possibly a long time until we see 300p again.

You need to look a bit further back. The SP collapsed in mid October from around 300p, so we are a long way off any recovery. There have been further dips, not as bad, and the RI RNS was one of the causes. Further consideration showed that the RI, (IF it happens), was a prudent move and was seen as beneficial long term. The fact that the PM division may be sold off and turnover (and profits) reduced until the CV side of the business is profitable is the cause of the lower price. The fact that the Final dividend has been cancelled didn't help. The SP will recover, but I feel we have to accept it will be a slow process and possibly a long time until we see 300p again.

You need to look a bit further back. The SP collapsed in mid October from around 300p, so we are a long way off any recovery. There have been further dips, not as bad, and the RI RNS was one of the causes. Further consideration showed that the RI, (IF it happens), was a prudent move and was seen as beneficial long term. The fact that the PM division may be sold off and turnover (and profits) reduced until the CV side of the business is profitable is the cause of the lower price. The fact that the Final dividend has been cancelled didn't help. The SP will recover, but I feel we have to accept it will be a slow process and possibly a long time until we see 300p again.

...they filled a big order and then dropped the SP to 173p, picking up again now though. I think it's time for a bit of bottom fishing!

... some big sells after the bell. Is this the bottom? Doesn't seem to be any unexpected bad news, so maybe a pick up tomorrow.

...little rise today. Onwards & Upwards!

...has made almost £50k this afternoon!

...who topped up with the £1.5m buy?

I think it's fair to say that you'll wait a good while for 350p I respect Neil Woodford and the fact that he added 2 million last week suggests that the support level is around 440p, in line with most brokers forecast. To reach 350p there would need to be further really bad news and I for one, can't see that.

Totally agree, but it's not only AIM companies. Remember Cosalt and that t**t David Ross, he took his PI's for millions and also Hampson Industries, massive company, mismanaged to bankrupcy. As one who has lost thousands, I can say beware and don't play with money that you can't afford to lose. Good luck to those in here.

BVIC have been given a chance to change production methods and avoid the Sugar Tax. I feel that now the announcement has been made, BVIC should now start to recover and, hopefully show a sustained increase. If the changes can be made economically, there is no reason that growth should be impeded. Onwards and Upwards!

...a nice sustained increase back to the levels prior to the profits warning. The decisive action by the BoD, was a positive move and bodes well for the long term. I'm convinced that further acquisitions will only strenghten the company and prepare for the future.

... could the RI be the lead up to a bid for TRAK? TRAK are struggling a bit at the moment and SP is low. It would fit in well with the CV business and give LRD a massive lead over the opposition. I still feel that PM will go as the company re-aligns itself, TRAK would be a good use of the proceeds. All IMHO of course!

To clarify: The INTERIM dividend payment was made 2/12/2016. The FINAL dividend (for 2016) would have been paid in June 2017 - this has now been cancelled. Those of us who qualified did indeed get a nice payout on Friday. Hopefully, Dividend payments will re-start in December 2017.

...might not happen of course. IMHO - Carmen Chua has been brought in to facilitate a sale of PM, possibly to a Far Eastern buyer, which will enable LRD to pay down the debt and finance expansion in the remaining divisions. I would not be averse to taking up a RI if the terms were good, but I have a feeling that it might have been mentioned to attract interest and will not actuallly happen, hence no details atm.

Tricky one to call I'd say. Yes, the figures look good, even with the 'Sugar Tax' factored in, but the graph is still going the wrong way and although it is tempting, I think I'll hang on a while, but a good long term hold for sure.

That will not be known until the details are announced. However, if you have to ask, maybe you should put your savings in a building society!

I waited too long, got 133p but could have bought at 124p earlier. Still a bargain long term I think.