The difference between $\frac{1}{6}$ and $\frac{1}{12}$ is $\frac{1}{6}-\frac{1}{12}=\frac{2}{12}-\frac{1}{12}=\frac{1}{12}$, so $L P=\frac{1}{12}$. Since $L P$ is divided into three equal parts, then this distance is divided into three equal parts, each equal to $\frac{1}{12} \div 3=\frac{1}{12} \times \frac{1}{3}=\frac{1}{36}$. Therefore, $M$ is located $\frac{1}{36}$ to the right of $L$. Thus, the value at $M$ is $\frac{1}{12}+\frac{1}{36}=\frac{3}{36}+\frac{1}{36}=\frac{4}{36}=\frac{1}{9}$.