Very interesting about all new houses they believe will have to have solar fitted under laws to come from GB energy. They will have batteries charged from those panels, from that they expect battery costs to drop from 4k to 2k. Making the payback much quicker for consumer. Saves energy firms a fortune in not needing so much new infrastructure as power is local. Not sure about using cars to power my house but that's being discussed as well. Interesting times. |
A confident update which bodes well for 2025. |
Hi 74tom, wasn’t looking for negatives per se. I want LUCE to do well, but my big growth companies over the last 25 years generally grow EPS aswell as make acquisitions.
Fingers crossed anyway. |
Why are people always look for negatives in a rare positive set of results?
Look at note 5. earnings per share
Statutory EPS has declined due to a ~£4m increase in amortisation of acquired intangibles & acquisition costs, that's going to happen if a company spends £40m on M&A...
That's also why they provide adjusted numbers.
In my opinion there is no issue with adjustments like this, otherwise businesses would never make acquisitions as they would be earnings dilutive.
Admin & distribution expenses will have also risen due to acquired costs, this is also why they have an additional £24m revenue... |
I’m not that impressed with statutory EPS declining. Large unexplained increase in administrative costs (and distribution costs). From the FY trading update, I was hoping EPS rose.
Outlook seems really positive, though. |
Results and outlook look decent. |
where is that rutlandram bloke |
 That order book was stacked on the bid with strong demand. Ordinarily, there is a strong possibility that this makes another leg up into the 160's....except....
Saba have dumped 0.53% (material for illiquid LUCE) into the market
They haven't disclosed prior (jumping below and above the 0.5% net short threshold) so that looks like alot of borrowing and dumping into the market very recently.
Saba seem to be everywhere in the UK right now. Well publicised with investment trusts and increasing short positions in a fair few UK companies, including contributing to halting any bullish move in VLX recently too. I could physically see what was happening on the order book at that 285p mark - posted on that board.
Rightly or wrongly, they have helped to halt the momentum here. It doesn't mean sell, but they're turning into an added pain in the beee-hind, and it does influence my short term banking of profits into spikes like this, which I have done here.
Of all the shares you can short....
Maybe they are forecasting even more gloom than we already have.
More gloom than the existing gloom from what appears to be an increasing number of shorters popping up in certain shares......or maybe just the ones I trade! Ha
Let's see how it pans out.
All imo
DYOR |
it doubles in share price from here IMO. High growth business outstripping competitors in a fast growing market with low debt & accelerating EBITDA. |
Someone seems to be accumulating these, id say 300p next level |
The wrong questions are being asked here. The question is not why is this going up. The question is why was it held down for so long. |
Book is stacked on the bid:
150p-154.6p
Only 5k on the offer at 156p
15:52 UPDATE
24k iceberg sat on the bid at 156p
That is is unusual demand
Are they just pushing the rating into the 160's here
Post close UPDATE:
It is those delayed prints that explain the price move higher.
Someone has come in to buy blocks of 400k, 299k, 245k, 200k @ 154p/154.5p
They were still sat at 154p and 156p for more. Unusual for our market.
They feeling alright ha |
Another good day with hopefully more to come over the next few weeks as we approach FY results. |
Just seen the trading update.
Adj EPS and sales a good margin above expectations. That’s nice. Hope reported EPS will be the same. I understand the rise now. |
240p would look even better |
looking good |
Something positive maybe going on here? |
Flirting with another leg up with the price at 141.2-144.8p.
A deserved (perform like that in this tough environment) next leg up if the buying follows through.
All imo
DYOR |
13% decent today. Hopefully retrace further North. |
Update looks very good to me; good news from LUCE after a few years of the opposite. Very impressed. Market only seems a little impressed (yet). |
There was a seller in size at that breakout point of 132p that stifled the move. It looks like they have been cleared with some delayed prints hitting - blocks of 25k and 50k. Have to see how the delayed prints hit further, but strong early interest here.
Threatening one of those spikey moves higher.
All imo
DYOR |
I did not expect it to be this good, let alone the market. Excellent news. |
Not bad actually |
Brilliant. |
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