Luceco Share Discussion Threads

[tomg23] 30/1/2020 11:44

End of the bed wetting now I hope. Looking strong

[tomg23] 30/1/2020 09:12

Whips about this one. Profit taking in full force. Nice shake out before the move up

[tomv33] 30/1/2020 08:59

The coronavirus might help Luceco, if the virus continues spreading in China then the Chinese may gain visual impairments and will have to purchase more lights to see, giving luceco more profit

[nw99] 30/1/2020 08:44

Profit taking

[john09] 30/1/2020 07:09

This company has just said 2 years will be ahead of expectations it’s a stonking statement. A little profit taking and I fear China virus playing a little part here

[phillkay] 28/1/2020 21:45

Reliably told to ignore any trades after 4.30.

[albanyvillas] 28/1/2020 20:58

LUCE nice
im thinking of adding to my longs on MGP

Coronavirus will incease the usage of MGP xray scanning so expect further rises here. Also a positive statement will help sentiment IMHO.

[phillkay] 28/1/2020 20:22

What is the situation with that late trade John?

[john09] 28/1/2020 19:25

Net debt has gone from 1.5 x EBITDA to 1 x in just 6 months and prior to that it had dropped from 2.5 x in the previous year. Doesn’t take a genius to realise this will be debt free in less than a year and coining in cash at a high rate

This is going to get taken out by a bigger player I’ve no doubt...

[phillkay] 28/1/2020 17:50

Does the 5.12 trade mean that the rise to 154 is in vein? Probably a stupid question, but can I get any views and understanding on that, given it was a lot lower than the spread at the end of the session? Thanks

[john09] 28/1/2020 16:36

Hot close 💰😜

[n1mgn] 28/1/2020 12:56

any one interesting in being long this may want to look at EPE special opportunities , it's around 2 pound , NAv 273 when luce was 125 eand of 2019 . and I think 70 % of its book is LUCe but please check. just fyi and pls DYOR

[john09] 28/1/2020 10:27

I think this is going to go 20p higher in coming trading sessions

[ayl30] 28/1/2020 08:17

£150k trade gone through

[john09] 28/1/2020 08:16

Breakout . Hold for the ride folks

[ayl30] 28/1/2020 08:14

+6%, not a bad start to the day

[napoleon 14th] 28/1/2020 08:00

I don't have enough of these!.... At least I got the right ones.
IMO I'd like to see some solid debt reduction continue before expansion.
FCF shows a huge improvement; now 1.0x FY'19 ebitda (2.2x in '18),
so not difficult to be cash +ive in FY'20.

Had a look at "the other one" (261p) & confirm that dire is still spelt "DIA".

[ayl30] 28/1/2020 07:48

Good news, profit metrics especially good as these will underpin future profit growth as revenue levels continue to increase. With debt declining it will provide opportunity for further bolt on acquisitions

[tomg23] 28/1/2020 07:03

Excellent start to my morning

[mjmp1] 27/1/2020 07:40

More news: Luceco EBT bought more shares as per RNA on 24 Jan. 176,833 shares were bought. They have already bought twice before, about 380K and 369K. The rough cost for all is @ £1.20 per share is over a million. A very conservative estimate. Does this mean that the Trade update tomorrow will be good? I will hold for now and not sell.

[john09] 22/1/2020 12:58

I’ve noticed a few stocks are moving back to highs after dropping 5% ish . Looks good to move up perhaps

[ayl30] 22/1/2020 12:07

Perky all of a sudden?

[john09] 20/1/2020 08:30

Looks good this again