Luceco Share Discussion Threads

[lucicavi] 07/3/2018 12:25

Bounce time

Get in john09

[citytrader66] 07/3/2018 12:14

charts say 49.40p is long-term support area. yes it overshot it a little at open this morning. i would say 50p could become support not resistance.. some calling for low 40s here. trying to pick the bottom is a mugs game more often than not.

[john09] 07/3/2018 11:24

This is really not going to bounce yet

[pre] 07/3/2018 11:21

thumping buys coming in...50k and 40k....think they are closing positions now....should propel this back up imo..

[citytrader66] 07/3/2018 11:20

this will rise over the coming days just like Safestyle (SFE) is today.
time to buy is when theres blood on the street. that day was yesterday. this morning was a gift to those buying. where are the big sells today? not seeing any at all.
49p being paid. share price nearly in the blue.

11:19:11 49.3000 50,000 O 48.5000 49.5000 Buy
11:19:36 49.4000 40,000 O 48.5000 49.5000 Buy

there you go.. 49p+ being paid. big buys too.

[rossy73] 07/3/2018 11:20

Citytrader, it may be more beneficial to wait until there's clear confirmation that the large sellers have completed before jumping in here. The fact that you can buy a large amount below mid price does not instil confidence that the fall has finished. When it rebounded last time it sure moved upwards quickly, just not sure capitulation has been reached yet

[john09] 07/3/2018 11:18

I did call UPGS wrong yes. And have learnt from that experience which is why I wouldn’t rush in here

[john09] 07/3/2018 11:05

We’re you the fool buying at 50p yesterday despite everyone’s advice .

[citytrader66] 07/3/2018 11:04

blue finish today..double bottom on the share price now time to rise. a sea of blue in that last hour.

big buys will come in soon. time to close that short eh?

[john09] 07/3/2018 11:04

Sorry but it’s going to 40p

[citytrader66] 07/3/2018 10:59

nice double bottom test this morning..bottom in?

10:52:18 48.5000 10,000 O 48.3000 48.5000 Buy

bid ticking up. off the lows c.46p.

[rossy73] 07/3/2018 09:46

Not finished falling yet, buy late afternoon I'd suggest for a bounce

[phowdo] 07/3/2018 09:44

Punters have been calling the bottom on this from 120p all the way down to 50p and none have been correct so far...

[pre] 07/3/2018 09:37

that's the bottom...buyers back in..

[rossy73] 07/3/2018 08:45

Can buy in size below the mid price right now. It's going to take a lot to move the price up with only minor buys thus far. Tread with care

[tsmith2] 07/3/2018 08:14

when you get previously "some capitalised costs on review will be treated as p&l when a new CFO comes in its a kitchen sink job..

[tsmith2] 07/3/2018 08:13

errmmm try £10m plus on acquisition for starters..

[citytrader66] 07/3/2018 08:04

positive open. not into the 40s like many people expected here!

[lucicavi] 07/3/2018 08:02

Shall I buy 40000 here?

[pugugly] 07/3/2018 07:14

bookbroker - Suggest unlikely re Homebase unless Brunnings prepared to do a cut and run job - They are owned by wesfarmers a multi-billion $Aud company

However agree all above comments re LUCE- Trying to bottom fish could be very bad for one's wealth - or future lack of it !!!!!

[bookbroker] 07/3/2018 05:25

And soon they might have a bad debt issue the way Bunnings are running Homebase, another retailer heading for skid row!

[bookbroker] 07/3/2018 05:22

Can see another scandal here, not so much as in the product, but the unrealistically optomistic outlook when it listed, management seem to be either poorly advised or somewhat error prone, that statement should, as someone alluded to, have been released earlier. The fact the debt has risen shows they have lost control of the financial situation, can see this being suspended at some point, I would not trust Hornby, selling shares prior to a profits warning, most likely knowing the impact, smacks of deceit. Sounds a real bandit unfit to be running a public company, a straight SELL should be awarded here!

[diku] 06/3/2018 23:14

I think today's action the early morning drop to 60p and day traders/speculators came in buying thinking the price would bounce intraday for a quick profit day trade...instead it didn't so they close the trade by bailing out...this just exaggerated selling pressure in the afternoon...