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LPA Group – “New contract awards”, but how significant?…

By Steve Moore | Tuesday 17 December 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Electronic and electro-mechanical components and systems group LPA (LPA) has issued a “New contract awards” announcement including that it “is pleased to announce three project awards in the export rail market, for a total combined value of £4m”. What of a current approaching 30% higher share price response to above 73p?
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