Luceco Share Discussion Threads

[pugugly] 27/7/2018 19:06

Can anyone advise if main market companies are required to list their major shareholders on their website in the same way that AIM companies are so required?
A quick check seems to suggest they are not.

Reason - I have been trying to check who is selling down without having to check all the rns's.

Also thanks to Topvest 1 Jul '18 - 09:46 - 757 of 805 - gut feel suggests to me that F&C Smaller Companies Investment Trust may not be the only institution bailing out to salvage what they can.

On the LED front what seems to have been missed (apart from the fact that every lighting company and their dog are in the market) is that once bought LED's have a VERY VERY VERY long life so the replacement sales could still be a few years away.

[podgyted] 24/7/2018 18:47

Berenburg reduced its TP to 45p on the 19th. Don't know what was said to justify this.

LUCE did a TU on 25 July last year - will they do one this year?

[topvest] 24/7/2018 18:29

I’m watching, but not currently tempted. Too much risk that things have deteriorated further. Need an update first.

[che7win] 24/7/2018 16:41

It's a very poor chart right now, relentless falls.

[torres10] 24/7/2018 16:15

John09Are you finally going to buy here?

[john09] 24/7/2018 13:21

I hadn’t even noticed this had dribbled under my 40p target

[badg] 24/7/2018 12:29

No posts here for some time....Down down we go. Cannot believe we are in the 30's and so quickly after that support at 50 was broken.Any views anyone? Any information from anywhere?

[mcyi9gl2] 13/7/2018 16:05

Will they hit the 2018 guidance they recently provided (i.e sales growth with improving margins)? According to the Market (share price), the answer is a resounding No.If management still believe they can hit it, they should reconfirm it and the share price will improve 50%. If they don't think they can achieve it, they have an obligation to tell us.My point is there is a disconnect between the share price and the most recent guidance provided by management. I suspect, as do others, that there is more bad news out there versus recent guidance. If that turns out to be the case, the question is why haven't we been told sooner rather than later.

[meijiman] 13/7/2018 14:07

This company seems to a be a rotten apple for all sorts of reasons

[phowdo] 13/7/2018 13:51

The trend is clearly down.

[cxs1] 13/7/2018 13:38

Yeh, defo keep watching this one... recall the kinda moves made by the boss to accidentally enrich himself on the cusp of a PW - is that behaviour quantified in an analysis somewhere?

[topvest] 13/7/2018 10:28

Interesting. I'm going to keep watching. More likely than not that some more bad news first.

[walbrock82] 13/7/2018 08:43

I’m been analysing the company for some time, and this is my fundamental analysis:

If you want to bypass the fundamental analysis and go straight to looking at the company’s valuation analysis, click

[topvest] 12/7/2018 20:49

Unfortunately, this looks and feels like there is some further bad news to come. Lets wait and see. Definitely way to early to get in.

[topvest] 12/7/2018 20:49

Unfortunately, this looks and feels like there is some further bad news to come. Lets wait and see. Definitely way to early to get in.

[john09] 12/7/2018 19:19

There’s no rush. Can’t see any obvious Catalyst. Just always thought it would go to 40p . Market cap would still be around £65m plus debt. The PE would be 5 too!

[cxs1] 12/7/2018 17:09

CT66, are you not actually HH?

J09, think you will pull the trigger at 40p ish or be tempted to revise that down?

[john09] 12/7/2018 16:50

Getting close to my 40p target

[citytrader66] 10/7/2018 21:38

HeresHopin just posted over on the lse board he sold nearly 40,000 shares today at 50p, for a small profit. thats nearly 10% of today's volume. without that sale maybe 48p would have held today. 48p seemed to offer some support until today.

[john09] 10/7/2018 17:59

I’ll let someone else tell you where you’ve gone wrong😂 all the best 😘

[eastbourne1982] 10/7/2018 17:39

Quality response John, do you have anything worthwhile to add ??

[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.