Luceco Share Discussion Threads

[john09] 10/2/2020 11:05

They are ALL in China of course

[napoleon 14th] 10/2/2020 11:04

VLX have 14 plants worldwide, of which 4 in China. 1 has resumed at reduced capacity. 3 of these plants are 1000 kms form Wuhan & the 4th is 600 kms away from W.
That's a fair margin of safety & they could switch production if needs be.

Question is where is LUCE's plant in China &
what are LUCE's alternatives if it came to the worst?

That not a rhetorical Q - I just don't know....

[tomv33] 10/2/2020 10:14

-0.7% on volex is nothing

[john09] 10/2/2020 10:02

Volex have dropped too, RNS only 1 of their 4 sites is operational in China ...

[john09] 10/2/2020 09:51

When she moves... she moves

[liam1om] 10/2/2020 09:45

Their factory is in a completely different province to the affected areas. China has today started to ease restrictions allowing people back to work.

I bought back in this morning and will build up my full position again if we continue to see weakness.

[johnrxx99] 10/2/2020 09:35

No, that was unfair. If you investigate the company, you will answer your question.

[johnrxx99] 10/2/2020 09:34

Squinty - hahahahaha!

[bookbroker] 10/2/2020 09:29

Supply chain?

[squintyflinty1] 10/2/2020 09:26

How is the corona virus affecting this share so badly??

[john09] 10/2/2020 08:48

Wait for a quid. Maybe 75p if things get really bad

[john09] 10/2/2020 08:46

I’m inclined to leave it for now... China is not about to suddenly get better. There’s another month of dropping ahead

[nw99] 10/2/2020 08:39

Could buy back if this continues

[john09] 10/2/2020 08:32

Might buy back in if this presents an opportunity

[john09] 10/2/2020 08:28

China sell off

[rp] 04/2/2020 16:13

Lucky Phillipa Hornby has just received £11 million + in shares from the CEO.

[ayl30] 31/1/2020 09:28

Also transportation is heavily disrupted

[john09] 31/1/2020 08:24

Guys this is 10p below its 2 year high, it’s nothing other than profit taking . Relax

[m23trader] 31/1/2020 08:14

Factory is in Jiaxing which is between Shanghai and Hangzhou, so not in same province as Wuhan

However, the issue they and all other factories will face is their migrant workers who went home for Chinese New Year may be stopped from return travel for a while

[johnrxx99] 31/1/2020 03:21

Does anyone know where they manufacture in China? Their website says nothing.

Hope it's not Wuhan. The drop yesterday is either profit taking or that question imo.

[john09] 30/1/2020 12:56

Yep someone bought a bargain today , all premeditated

[tomg23] 30/1/2020 11:44

End of the bed wetting now I hope. Looking strong