Luceco Share Discussion Threads

[opodio] 11/2/2019 18:48

Forecast upgraded by £1m pounds

Lovely

[topvest] 11/2/2019 18:31

I wouldn’t say that about what looks like an illegal dividend.

[nw99] 11/2/2019 17:58

Lookin* good

[gepetto100] 11/2/2019 13:29

What's level 2 looking like today, IT is playing up

[sphere25] 11/2/2019 10:14

Might be Ruffer (realising gains) sat on the offer at 59 selling in size. Barrage of buying at present, but still can't get through yet.

EDIT: Level 2 update for Gepetto100:

WNTS sat at 57 on the bid, with a well bid book in increments of 0.2 (in the main) up to 58.2. These orders look like standard orders so it's very important these tip buyers get the stock through 59. You have a seller in very large size at 59 iceberging in blocks of 25k, which the market has tried to get through on previous occasions and failed. A 50k order (indeterminate size as yet - could be large or small) has cottoned onto the seller in size at 59 and undercut with an offer of 58.6.

Current bid is 58.2-58.6 with buy trades going through at 58.54.

It's so key to get through 59 or this could double top and come crashing back down (under 50) to correct some of the near 70% price move up from 35.

Hope this helps.

[onjohn] 11/2/2019 08:24

New recent high. With £18m ebitda wont be surprised if someone bids for it

[diku] 11/2/2019 08:20

100p bid?...

[sphere25] 11/2/2019 08:18

Not a subscriber to SCSW, but have trawled through the weekend activity, I would hazard a guess at this being tipped by them. This has been added to my value portfolio already, but regardless of what SCSW say, this is still a very risky proposition with notable cautionary tones in the last update.

Currently have sellers in size at 58 and particularly 59 preventing any advancement in the stock.

[horndean eagle] 11/2/2019 08:03

Obviously been tipped somewhere. Be interesting to hear by whom in due course.

[odsjp] 05/2/2019 22:34

Same view here.
Trading update mentioned approx 16M EBITDA for 2018 and we are valued at 90M. If H1 looks good the 100p+ will be here much quicker

[someuwin] 05/2/2019 15:23

Back up to 100p+ at some point this year is my prediction.

[diku] 03/2/2019 09:13

This will get taken over...sooner the better...

[guyswonga74] 03/2/2019 08:56

Excellent trading statement. Sp in a firm uptrend now

[chrisinvests334] 25/1/2019 17:37

EBT buys again... 1 trading day before an announcement. Hope its decent news

[chrisinvests334] 22/1/2019 17:23

Small director dealing today too.. 8.5k shares x2 so 17k.Maybe the statement will be OK then.

[odsjp] 22/1/2019 16:43

Trading statement coming out next Tuesday.

[chrisinvests334] 22/1/2019 09:48

Ruffer LLP purchased 5% of the company last week. Guess that's partially it.

[chrisinvests334] 22/1/2019 09:23

Any insight? 33 to 50.9 in a month... Why? Was horrendously undervalued.

[chrisinvests334] 17/1/2019 09:14

Well it's on its way up... I think that they may have had a good Q2.

[nw99] 14/1/2019 16:23

Time to buy

[chrisinvests334] 09/1/2019 08:55

EBT Purchased 1.1m shares the other day.

[pictureframe] 21/12/2018 14:49

They are going to need further funds looking at the debt levels and negative working capital

[chrisinvests334] 20/12/2018 21:31

Considering the trigger for the crash in price, I'd say this is beyond massively undervalued now.Oh well. I suspect they may turn a profit still this year.

[cxs1] 20/12/2018 17:25

Leading question! They didn't even have a good idea about that when they floated it! Anything published will by definition be out of date.