Luceco Share Discussion Threads

[john09] 24/1/2018 08:40

There’s the break

[john09] 23/1/2018 18:43

30p? When next years EPS is 12.5p? Good luck

[fozzyb] 23/1/2018 18:42

Watching, yet more doom to come I fear. I would only buy if these were distressed, say 30p and as a recovery play. £1 is far from fair value IMO.

[john09] 23/1/2018 13:42

85p pile in time

[diku] 23/1/2018 11:53

80 - 85p ?....

[john09] 23/1/2018 10:40

I doubt it, but that’s what the market is pricing in .

UPGS went from £2.35 high to 72p

LUCE £2.65 to £1

Both gave bad updates after listing . It’s on the basis of the percentage fall for UPGS that i think LUCE May still have further to drop. Plus it already went through £1 once . A close below £1 would be bearish

[eastbourne1982] 23/1/2018 10:36

It looks very cheap however do you trust the company, it's a newly listed entity and it has already shocked the market.

Cheap on paper but are there things lurking within.

[john09] 23/1/2018 09:41

So a forward PE of 7.5 . Cheap. But let it drop through a £1 I think still

[johnrxx99] 23/1/2018 07:58

Eps quoted are:-

17 - 8.24
18 - 10.83
19 - 13.66

Sharescope.

[meijiman] 21/1/2018 15:30

That's the point -warning after listing is worse as it infers over optimism/lack of controls/pumped up for float/can of worms. Take your pick.

[elsa7878] 21/1/2018 15:07

This year's forecast is 8.5p and then next year 12.5p. But with a warning so soon after listing what confidence can you have in their forecasts. Also renminbi strengthening further v $ is not helpful.

[john09] 21/1/2018 11:29

Am I right in thinking EPS in 2019 is forecast at 12.5p if correct this is now on a forward PE of 8 .

Whilst a couple of prominent tip sheets are suggesting averaging down (soon as opposed to right now) I’m still inclined to watch from the sidelines for now.

It’s lready fallen through £1 once and whilst I don’t think it will do this again for next couple of trading days at least, I think it will drop through it again perhaps to 90p

[davr0s] 19/1/2018 21:18

Wishful thinking

[eastbourne1982] 19/1/2018 21:14

The administrators.

[value viper] 19/1/2018 19:15

How bout Osram or Phillips

[runthejoules] 19/1/2018 17:06

Looks ripe for a t/o for me... any thoughts on who might want it?

[john09] 18/1/2018 03:17

3 million shares traded yesterday . The bounce from the low was pretty good at say 97p to £1.06 but it closed on a new low and can only assume it’ll trend towards and test that £1 support again

[fillipe] 17/1/2018 20:20

Hi john09. I'm just taking a first look here after reading mention of the nosedive from various quarters.

Like you say....well sub of 100p and that might allow a bit of a comfort margin, in readiness for the next warning.

gl

f

[value viper] 17/1/2018 14:53

maybe but maybe seller cleared ; i did see the chunky selling @ 0927 hrs
who knows

[john09] 17/1/2018 14:30

I imagine it will close above a pound today but will hug the line and eventually fall away from that level. I’d be interested at 90p perhaps

[citytrader66] 17/1/2018 14:25

i think there are some big delayed sell trades yet to be reported. UT trade in auction just now at 97.20p. maybe thats a clue where share price is heading by close.

[john09] 17/1/2018 14:11

Oops it broke.

[john09] 17/1/2018 14:04

£1 tested

[spectoacc] 17/1/2018 10:45

Hard to argue it looks anything other than weak - failed to break back through 120p. Still long a few here & not yet inclined to add.

[john09] 17/1/2018 09:44

Yep clinging to that lower line again. Let it drop