Luceco Share Discussion Threads

[iandippie] 20/10/2022 10:54

I sold out way back before the drop but am looking to time re-entry. I must say though, what a bunch of vindictive wa*nkers most posters are here. Always amazes me at why investors find it funny watching other investors make a financial loss. Takes all sorts I guess.

[forrest1987] 20/10/2022 10:51

Off now but will be back in early Jan, for the inevitable FY profit warning

[forrest1987] 20/10/2022 10:45

Rubbishy recent performance means this is only going one way, short.

[forrest1987] 20/10/2022 10:41

Wonder if SCSW will do a follow up

30% loss on the recent tip lol

Experts sold out

[forrest1987] 20/10/2022 10:17

heavy losses being taken, at a two year low.

Some investors are selling out at 15% of its peak.

These people have the gall to come on here and dish out advice.

Horrendous losses these people are taking

[forrest1987] 20/10/2022 10:12

Not loss making yet, but give it time the way these guys are going

5 quid to 69p

Anyone seen lasting shareholder value ?

[bathcoup] 20/10/2022 10:09

time to rename the company: Luceco ==> Looseco/Loseco

[forrest1987] 20/10/2022 10:08

Thorpematt awfully quiet ;-)

[owenski] 20/10/2022 09:46

Debt was good when money was cheap, now it isn't.

[forrest1987] 20/10/2022 09:45

The debt is what will eventually sink most consumer focused businesses in downturns

Not reducing debt whilst the sun was shining, a bad decision

[aishah] 20/10/2022 09:42

Liberum cuts forecasts:
FY 12/2022: adj EPS 9.1p (down 27%)

FY 12/2023: adj EPS 8.3p (down 39%)

There's a high level of bank debt too. No rush to buy here for me. GLA and Dyor

[forrest1987] 20/10/2022 09:15

Luceco is now ex growthIt's a penny stock that's pinning its hopes on ev It will be the same price in 5 years - the growth isn't there any more

[buoycat] 20/10/2022 09:13

This destocking is happening everywhere as businesses are under extreme pressure. You just have to look at the supermarket shelves.

[forrest1987] 20/10/2022 09:13

Experts are a bit quiet on thisNo tips this morningAny short squeezes coming up lol

[forrest1987] 20/10/2022 09:01

FarriguaHi, issuing a profit warning so close to previous news (interims) suggests that maybe they have poor accounting visibility. With the poor visibility it suggest further weakness is not only likely but very much expected. Do you have much financial experience?

[john09] 20/10/2022 08:46

Profits revised -10%

Share price revised by 10%

Pretty standard stuff . Same price today as it was yesterday for those wanting to enter

[our haven] 20/10/2022 08:43

I see that there are plenty of buyers around now at the new share price.Disappointing update but hardly unexpected against the economic outlook.However the final paragraph gives me confidence that the growth in EV will drive the share price upwards in time.Healthy balance sheet, strong cash generation and agile business model.

[farrugia] 20/10/2022 08:34

you don't seem to have much experience Forrest? we are living at a time with worse conditions than 2008. The trading update wasn't bad - it is the business environment out there that is ugly.

[forrest1987] 20/10/2022 08:33

Even thorpematt got badly caught What a mess

[forrest1987] 20/10/2022 08:28

Loook at the sellingAppears a lot want out hereCan't blame them after a poor profit warning

[forrest1987] 20/10/2022 08:21

Can vote me down but im not the one with egg on my face this morningA warningLol

[forrest1987] 20/10/2022 08:17

Where's all the pumpers now5 quid to 60pWhat a mess

[forrest1987] 20/10/2022 08:13

All those idiots called this wrongIt's warnedThat tip three weeks ago cost investors 30%Shocking warning