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Share Name Share Symbol Market Type Share ISIN Share Description
Luceco Plc LSE:LUCE London Ordinary Share GB00BZC0LP49 ORD GBP0.0005
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -10.50 -3.02% 337.00 339.00 340.00 352.00 333.50 350.50 201,095 16:35:17
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Household Goods & Home Construction 176.2 33.6 18.0 18.7 542

Luceco Share Discussion Threads

Showing 1526 to 1549 of 1775 messages
Chat Pages: 71  70  69  68  67  66  65  64  63  62  61  60  Older
DateSubjectAuthorDiscuss
17/3/2020
17:34
Price is so tempting now. Might dip my toe back in on these tomorrow.
tomg23
17/3/2020
11:19
35p and I’ll buy in
volsung
17/3/2020
10:20
Shame what’s happened here
john09
03/3/2020
09:37
KAPE take off. KAPE Canaveral
bartolozzif
28/2/2020
08:58
And probably back to 150p before summer
jltaylor1001
28/2/2020
08:39
Never thought we would see 100p again
tomv33
27/2/2020
06:28
Good luck with that one.
johnrxx99
26/2/2020
08:15
Time to buy
john09
25/2/2020
13:55
Just joined here today as I have started to buy shares and this being one of the companies that I have bought in to. I have actually had a product design and manufacturing company for 16 years and so fully understand the working of the system from design to end consumer. 100% of my production was / is in china. Being aware fo the current concerns in the Far East effecting share prices I thought it might be of value to point out a couple of things that may be of use as they are fact based rather than a lot of assumptions I see on these forums, which lead to movement that are actually unfounded. My factories have now returned and the only real impact has been the backlog in production schedule making my orders approximately 3 weeks later than they should be. The reality is that I have had far worse delays caused by numerous other factors that never make the press. It is only because this one is so high profile that people then start to look at these delays as a major issue, not realising these have happened many times before but just not known to them and so the share price isn't effected. The second point is that, having spoken to Luceco in the UK, only 50% of their manufacture is in China and the rest done at their UK manufacturing plant. So this, combined with the aforementioned, means that there is really no reason that the share price should not be continuing at its steady growth from where it dropped off at 150p. Any questions about the process please feel free to message.
bobberoonie
24/2/2020
17:32
Another day like today and this will be a quid
john09
21/2/2020
14:53
YEp looks like downward pressure to me. That could all change of course with an RNS
john09
21/2/2020
14:52
Still too early to buy
nw99
21/2/2020
13:04
Luce ready to rock Just made a few k on Upgs
onjohn
21/2/2020
12:31
ps you said UPGS was too early to buy its up 26% in a week expecting the same at LUCE Watch the birdy
wton1
21/2/2020
12:30
hows your nephew
wton1
21/2/2020
12:29
Too early to buy
nw99
21/2/2020
12:27
This looks ready to fly
wton1
21/2/2020
11:54
LUCECO 123.8p Gain to date: 6.7% Original entry point: Buy at 116p, 19 December 2019 INVESTORS SEEM TO be taking a shoot first, ask questions later approach to electronics components and LEDs firm Luceco (LUCE) and any potential output problems from the shutdown of its factory in Jiaxing, China. The site has been closed down for the past couple of weeks because of the coronavirus outbreak. Importantly, there have been no reported cases of coronavirus among Luceco’s employees. But after raising 2020 full year guidance at the end of January thanks to firming demand, investors are clearly concerned that those bumped up targets may now be missed. As we went to press we had been unable to confirm if, or when, the factory might reopen but as analysts at Liberum rightly point out any shortfall in volumes near-term can be made up for during the rest of the year at the cost of some modest overtime. ‘Management note that there is no impact to current full year guidance,’ says Liberum. Guidance for 2020 adjusted operating profit of between £20.5m and £21.5m. SHARES SAYS: Short-term risks cannot be discounted but the powerful growth and margin improvement story remains intact. We will keep an eye on events in case of a more prolonged impact.
napoleon 14th
21/2/2020
11:16
😻😻😻
onjohn
21/2/2020
11:12
Luce starting to run
onjohn
19/2/2020
10:09
Luceco's recent share price weakness reflects the recent, and currently unquantifiable, disruption to the company's Chinese production facilities. We do not ignore this risk, however we view market reaction as overdone relative to a) what we know so far, b) the company's inventory headroom, and c) performance of peers. a) What we know so far: As with most other companies across China, Luceco has seen some production disruption as a result of the coronavirus outbreak. This is not a surprise, given 37% of the company's fixed assets and 90% of its workforce are based in the country. However, we note the following: Luceco's Jiaxing factory re-opened on Monday, as anticipated, following last week's voluntary closure (the second week it was closed). Management note that any lost volumes from just two weeks of closure can be made up for, at the cost of some modest overtime. No cases of coronavirus have been recorded amongst Luceco's 1,000 person workforce. The virus has had little direct impact on the city of Jiaxing, where Luceco's production is based, with just 43 cases out of a population of c.5 million people. There have been no new cases of the virus reported in Jiaxing during the last two days. As with most other companies reporting from across China (e.g. Volex), Luceco has re-opened at a reduced capacity. This is due to travel restrictions elsewhere in the country that have prevented some workers from returning after the Lunar new year holidays. b)Inventory headroom vs peers It is not yet known how long it will take for the company's subcontractors and component suppliers to return to normal. Nevertheless, Luceco has 100 days of inventory in the UK and we believe this will provide sufficient near-term cover to fulfill orders should the sector face component shortages. c) Performance vs peers Luceco has more inventory headroom than European Industrials which have 89 days on average, another reason why we see its share price under-performance as unjustified (The European Industrials Index is flat since the outbreak of the virus). This compares to just 45 days for the auto-sector, where tighter supply chains and just-in-time fulfilment are likely to leave companies at risk (e.g. Goodyear & Hyundai). Despite this, Luceco's shares have fallen 10.7% since 20th January, when Chinese authorities commenced official reporting on the coronavirus outbreak. The European Industrials index is flat over the same period. Demand unaffected Whilst the company has faced some near-term production disruption, this does not account for the company's inventory headroom (100 days) or sales exposure to China (zero). As a result, demand remains unaffected by the coronavirus. Management's current guidance remains unchanged at present. We of course recognise near-term supply-risks that may increase costs should these capacity constraints continue for a protracted period. P.S. My thanks to amarett; I C & P'ed his post above from a.n. other site as IMO it's highly relevant, & this thread is slightly sleepy. Also, I admit I sold my LUCE @ 139.3p last week on supply fears to an otherwise much improved company. I might well buy back.
napoleon 14th
18/2/2020
15:50
Too early to buy back with Apple problems
nw99
12/2/2020
13:30
UPGS TAKING OFF
onjohn
12/2/2020
09:13
Posted here Monday with the stock off 15% citing it as a buying opportunity. Well, that patch of weakness didn't last long! Stock has shifted from a move of slightly under 120 to currently trading at 137. Well done if you bought the weakness. Buy, sell, hold. Your choice now. Also bought SCS (short-medium term overhang clearance play) and XAR (higher risk short term play only with consecutive days of significant buying volume) if you want to make more dough.
sphere25
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