Luceco Share Discussion Threads

[john09] 10/7/2018 17:37

Wow 😂😂😂😂8514;😂ԅ14;😂😂;😂😂😂😂
28514;😂€514;

[eastbourne1982] 10/7/2018 17:31

I know exactly what the debt position is, I have commented on this previously on this thread, your responses clearly show how out of your depth you are.

To help you out a little the debt at the end of Dec 2017 was just under 37 million.

This is a very significant amount relative to the free cash flow this business generates, I presume you know what free cash flow is ?

Also add in that the whole business is worth only 2 x the debt and it looks pretty grim.

[eastbourne1982] 10/7/2018 17:22

Clearly you don't hence why you didn't answer my question.

How old are you John, 18 ?

[john09] 10/7/2018 17:18

I do. Do you?

[eastbourne1982] 10/7/2018 17:02

city,

What are you on about ? I'm watching PTEC, I don't own any yet.

[eastbourne1982] 10/7/2018 17:01

John,

Do you even know how much debt LUCE has ?

[citytrader66] 10/7/2018 16:49

eastbourne1982 - how are your PTEC shares today? you say fair value is £7-8. i'd say about half that c.425p. by end of the week..

nice recovery by LUCE. close 47.60p. not too shabby.

[john09] 10/7/2018 16:40

Eastbourne I’ve looked at the balance sheet. Debt is not high . I’m not a holder, but you’re lame scaremongering I’m sure people will see through. You talk every single share down u post on

[citytrader66] 10/7/2018 16:37

my avg now 50.64p after today's buy. i got back in recently at just under 58p.

[torres10] 10/7/2018 16:18

Citytrade what is your average now?

[eastbourne1982] 10/7/2018 16:09

john,

look at the balance sheet, a rights issue is needed however the share price just goes lower, a toxic combination.

[john09] 10/7/2018 15:57

The debt due 30th June 2019? Doesn’t seem that pressing to me

[pictureframe] 10/7/2018 15:53

Again , how are they going to pay the 20 million short term debt? Rights issue I suspect.

[john09] 10/7/2018 15:52

You think everything’s going bust

[eastbourne1982] 10/7/2018 15:52

Too much debt here, could go bust.

[citytrader66] 10/7/2018 15:51

yes john09. i doubled up to avg down. i did same with CWD but sold too soon.. it bounced about 65% in less than a week.. still hurting from that trade.

[john09] 10/7/2018 15:46

Better than your 58p buy I guess

[citytrader66] 10/7/2018 15:45

nice on.

15:44:18 44.9000 15,000 O 44.3000 45.5000 Buy

my buy sub 45p!

[john09] 10/7/2018 15:41

And it’s off

[pictureframe] 02/7/2018 14:51

How are they going to repay the short term bank loan of 20 million?

[john09] 02/7/2018 13:13

Also, a close below 50p and this will fall to 40p in short order

[john09] 02/7/2018 10:48

Let’s see if SCSW dump it this weekend .

[meijiman] 02/7/2018 10:31

No -well dodgy IMO.

[phowdo] 02/7/2018 10:26

The CEO dumped £4.7M of shares a few weeks before a profit warning.
Would you trust him?