Luceco Share Discussion Threads

[pugugly] 14/4/2022 08:16

Jiaxing only 100km from Shanghai so potentially high risk (imo) of Omicron spread to city and total lockdown with significant impact on product availability.
Very surprised no comment (that I can see) on the LUCE website.
Views - Comments - Knowledge?

[topvest] 13/4/2022 15:54

Their debt is fine in my view. Just more likely that expectations will be downgraded than maintained. Virtually no chance of beating expectations. Share price goes down. Long-term its a good business. Watching and waiting!

[topvest] 09/4/2022 12:19

Thanks - chart not looking pretty!

[dr biotech] 09/4/2022 09:18

Hello fanboy. Still obsessed with me I see. As you can see above I sold out of here (or to be wholly truthful got stopped out) but feel this may be a good time to get back in. Particularly with their EV chargers.


No, I’m not BW4 or the…doctor or any of your other stupid fantasies. Incidentally it’s also pretty obvious Nobby isn’t the…doctor either. And he’s highly unlikely to be BW4 (there is open evidence why this is the case). Can’t rule out TD being BW4, but I really don’t care.

[buywell3] 08/4/2022 01:23

free stock charts from uk.advfn.com



Dr Biotech are you Buywell4 ?

Are you also the_doctor ? and several other names ?

[topvest] 06/4/2022 20:21

Where do you see the support level?

[essential] 04/4/2022 15:39

Forming a bullish double bottom here on good volume

[topvest] 31/3/2022 19:39

The chance of meaningul sanctions against China is low. China hasn't done anything wrong other than retain neutrality and have a different view to the West. If the West were stupid enough to impose sanctions on China we would have a lot more to worry about than any shareholding in a company that imports from China. The global economy would grind to a halt and the stock market would be down >> 50% given that virtually everything is connected with China. That's why I am saying it's irrelevant.

Anyway, I think this is an interesting company. I hold UPGS and Supreme which have some similarities, but Luceco has never quite been at the right entry point for me. I'm definitely going to try and buy a few of these, but happy to wait a bit longer. The risk here is a UK recession later in 2022 rather than any massive China issue in my view. Like for like comparatives are already sticky and so I think there may well be a better entry point in 3-6 months.

[dr biotech] 31/3/2022 09:33

Seems a decent write up. I got stopped out here a while ago, but it remains on the watchlist. EV charging is an interesting area

[zeroid] 31/3/2022 09:20

Richard Beddard ShareScope column article on Luceco...hTTps://knowledge.sharescope.co.uk/2022/03/30/luceco-plc-climbing-the-wall-of-worry-lse-luce/

[johnrxx99] 23/3/2022 07:12

topvest - to say that 96% of what they sell, coming from China, is largely irrelevant suggest you are either not well informed about the company or are a ramper.

They produce 49% of their products in China, they own the factories and so on. They buy 45% OEM in China. The other 6%, that's the irrelevant bit, is from UK and Europe.
If things get nasty, 96% of their sales will disappear. To me, that no not irrelevant.

[ymaheru] 22/3/2022 19:22

Hi Topvest, do you have a summary, or was it just to keep away until the outlook gets brighter?

[topvest] 22/3/2022 19:10

Paul Scott on Stockopedia has covered this today.

[ymaheru] 22/3/2022 16:54

Hmmm, yeah, if building trade gets badly affected then I guess that’s probably right.

The big builders are cash rich at present, tho, so I’m not sure how flat things will go.

[topvest] 22/3/2022 14:37

Good company this, but possibly more downside risk than upside at the moment given its a relatively flat 2 years coming up. Whether they purchase from China, and they do, is largely irrelevant.

[ymaheru] 22/3/2022 09:53

Not heard anything about moving production, so doubt it.

They didn’t mention anything in presentation about impacts in China, but maybe will in investor call.

[johnrxx99] 22/3/2022 09:14

Yes, about inline with my expectations, thank god. Don't expect much share price action until Ukraine sorted or at least China coming off the fence.

Anyone know if they are/have moved some production to elsewhere?

[ymaheru] 22/3/2022 08:51

Nice enough results.
Not stellar, but definitely ahead of competitors.

Expecting margin expansion in 2022, as price rises now fully passed on.

Dividend up 30%.

Not expecting much sales growth 2022 tho.

Acquiring the rest of rapidly-growing Sync EV charging is also a good move strategically announced today.

Seems like there’s a lot of upside from current prices.

I’d suspect 10-15% EPS growth in 2022.

[johnrxx99] 21/3/2022 06:35

Have a look at UPGS as my reply to topvest would be the same. China are supplying Russia and have confirmed it.

[topvest] 20/3/2022 10:25

China are remaining neutral and pressing for the war to be brought to an end from what I can see.

[johnrxx99] 20/3/2022 03:09

China's siding with Putin does not bode well, even if they try to deny any military or other help.

[km18] 22/2/2022 18:10

...from last year...

Luceco is a manufacturer and distributor of lighting, electrical, wiring and power equipment. Current share price is 395p, market cap is around £613m.

Todays H1 2021 trading update was impressive, trading performance continued to improve through Q2, with demand broader and stronger than anticipated. Guidance was revised up accordingly. H1 revenue is now expected at £108m. (prev. guidance £105m), adjusted operating profit is now expected at £19m (prev. guidance £18m).

Full year guidance was also therefore revised higher. Full year revenue is expected to be at least £220m, adjusted operating profit is expected to be at least £39m. Both are ahead of market consensus expectations. Share prices have popped higher nearly 4% this morning....

...from WealthOracleAM

[middlesboroughfc] 21/2/2022 08:02

0 1 0
US President Joe Biden has agreed "in principle" to hold a summit with Russian President Vladimir Putin to discuss the crisis over Ukraine.

The talks proposed by France will only take place if Russia does not invade its neighbour, the White House said.

The meeting could offer a possible diplomatic solution to one of the worst security crises in Europe in decades.




Could be major blue week coming