Luceco Share Discussion Threads

[nw99] 09/4/2018 16:47

Weekend tip ?

[lucicavi] 09/4/2018 12:53

On the rocket launch pad

[nw99] 04/4/2018 08:31

Nibbled here maybe close to bottom

[rubberbullets] 28/3/2018 08:18

Ready to move very sharply northwards

[phowdo] 23/3/2018 11:12

Directors loading up via the Luceco Share Incentive Plan 2017

An absolutely massive 3 quids worth of shares between them.

[opodio] 16/3/2018 13:48

I’m expecting a bid approach

[opodio] 16/3/2018 10:58

Nice tick up

[opodio] 15/3/2018 14:31

wants to hug 70p

[lucicavi] 12/3/2018 13:19

Nice ride sir

[lucicavi] 12/3/2018 12:58

stairway to heaven and 90p

[opodio] 12/3/2018 08:28

63p today imho will turn later, someone collecting stock

[topvest] 11/3/2018 18:31

Interesting situation here. Thinking of buying as I think the negativity is a little extreme. Net debt is maybe a little high, but they have lots of fixed assets, stock and debtors to secure it on. From reviewing the accounts I think the previous FD wasn’t great. Some easy wins for the new FD and he has moved quickly. The underlying business looks fairly decent. It’s clearly going to take a year or two to bounce back so no rush to get in, but looks a recovery stock not a failure to me. Always the risk of one more warning to come though!
This market is a real momentum market. Ridiculous how how they lose about 80% after a few problems. Clearly better to buy now than when it was a growth stock!

[tsmith2] 09/3/2018 16:37

Could be a v good here next week.65-70p

[citytrader66] 09/3/2018 09:13

showing as #1 spot @ 55.80p



its wrong!

[brownmruk] 08/3/2018 16:02

Sentiment aside, these are looking cheapish. It’s easy (and probably sensible) to be suspicious and think the worst when there are profit warnings and coincidental directors’ sales. On the other hand, this is a recently listed company and maybe they deserve the benefit of the doubt. I’m sure the transition from private to listed often shines a spotlight on weaknesses in financial monitoring controls. The CEO only sold 6% of his holding prior to the profit warning and without trawling through the RNSs to look at options and share awards, that seems like a plausible amount to cover tax liabilities. So, in this case I’m going to risk being a mug and hope that lessons have been learned and that these profit warnings are coming in twos.

[citytrader66] 08/3/2018 13:15

unlikely today though. MMs too happy to drop the bid on this share very quickly. i'm out at 54.85p for a 7.5% profit less fees 😋

[tsmith2] 08/3/2018 12:14

Swift to 60 plus once 55 goes

[scooper72] 08/3/2018 08:57

Why PLP? Don't they make pipes?

[lucicavi] 08/3/2018 08:50

Get your motor running

[tsmith2] 08/3/2018 08:48

Start your engines..

[lucicavi] 08/3/2018 07:08

cash flow will improve massively now

5% of the UK LED market and 50% in other areas like plugs, going to be attractive to a bidder

Polypipe would be a great fit

[lucicavi] 08/3/2018 07:07

cash flow will improve massively now

[edmondj] 08/3/2018 07:05

If the new CFO has picked up costs being capitalised, that should not have been and should properly be expensed, then it does not at all imply future profit will be increased!

The more amusing aspect is how the CEO says how "extremely disappointed" he is by these developments, which patently include the new CFO blowing a whistle on aggressive accounting.

[lucicavi] 08/3/2018 06:55

yes well set for jump today,now overhang cleared we could speed up towards 100p