Luceco Share Discussion Threads

[cyberbub] 13/3/2023 16:03

Personally I wouldn't trust the Vampire Squid as far as I could throw it. But I think it's likely that inflation will drop yes, which should be good for Luceco, as long as the banking situation doesn't escalate.

[simmsc] 13/3/2023 15:42

Time to buy here again

Goldmans predicting sub 2% UK inflation this year

[cyberbub] 13/3/2023 09:25

Stop losses probably hit...

[shanksaj] 13/3/2023 08:48

Profit taking driving price down? Now SVB UK taken over by HSBC things should calm down in ftse 350.

[cyberbub] 10/3/2023 10:37

A bit disappointing here today, but it's a sea of red across the market to be fair.

[ymaheru] 06/3/2023 22:35

Labour cost is definitely an issue.

From what I remember, higher energy prices have been neutral before, as higher production costs are offset by increased LED sales. Must be a limit to that, though, so agree that both could be negative.

[ymaheru] 06/3/2023 21:24

They’re just passing on extra copper costs to customers as a surcharge, so it should make no difference.

However, lower overall product prices will result, so stimulating sales. Lower copper prices are good.

A lot of why LUCE’s price has fallen is investors overly worrying about high copper prices, so lower copper prices must be positive for LUCE’s share price.

[pugugly] 06/3/2023 20:53

But how much unhedged copper have they had to buy and now possibly having to sell at a loss. Will all depend (imo) on the success or otherwise on their success in hedging or otherwise - Only time and the next rns's will advise us.

[john09] 06/3/2023 19:09

Freight and chopper lower than a year ago

Share price was 240p a year ago

Ergo…

[saucepan] 06/3/2023 09:25

With results: often the market responds to the outlook statement, whatever it is.

I see SCSW tweeted this today:

Numis and Liberum both say risks tilting to upside. Having been a headwind in 2022, freight and copper prices are below a year ago sent up H2 margin to 37.5% vs H1's 34%. Liberum upgraded eps 9% in Jan. Record free cash flow in FY22.

[cyberbub] 06/3/2023 08:30

Results on the 21st, I'm hoping for a run up before then, but in reality we've already been told the results, so is there also a risk of a short-term fall? Sigh. Would be nice to have a crystal ball LOL

[john09] 02/3/2023 18:16

As with many at the moment

[john09] 02/3/2023 18:15

Very bullish formation

[gymratt] 01/3/2023 12:45

I agree cyber. Some might call it a pennant but either way it looks like a bullish formation IMO. I've nibbled another 3k @ 137.86p on the strength of that...

[cyberbub] 23/2/2023 11:42

Chart looking a bit like a descending wedge? Touch wood.

[yasrub] 20/2/2023 20:37

Thank you John09

[john09] 20/2/2023 20:14

Momentum Investor

[yasrub] 20/2/2023 17:10

Where was the mention ?

[john09] 20/2/2023 15:51

Nice mention at the weekend again

[bigbigdave] 20/2/2023 15:09

FY results 21/3

[john09] 17/2/2023 19:45

Eps for 2022 was 10p

I havent seen 2023 but itll be way better than that

It did 21p before that and its a better company now

[john09] 17/2/2023 19:44

Wrong share

[simmsc] 17/2/2023 19:42

. Wrong thread, sorry

[cyberbub] 17/2/2023 19:31

Looks to me more likely to fall in the short term anyway? Lower highs etcMedium term still a good prospect IMO, it's not expensive particularly at 140p

[allstar_07] 17/2/2023 15:34

Hi, has any one got forecasts for current and next year? Thanks