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Yup ath by next year imo. Inflation will be old news by then, markets respond, sync EV will show growth. Fair warning
Well...If the enthusiasm with which the directors are buying is a guide,,, then the ATHs.
Another 50k yesterday.
Which highs though?
I bet this is back near the highs by mid next year
Some big chunks going through now after that director purchase.
bought 17,000 shares this week and some sunglasses ,,,, now so lets see how bright this year will be
"futures bright" - lit by LED lights
Just bought in again owned these a few years ago, low SP with lots of potential and recent brokers note hasn't helped hopefully that will change ... futures bright
Doesn't look too clever.
They've done record FCF - £30m. Not had at all given the market cap.
Doubly impressive in the face of q4 revenue down YoY WHILST customers restocked...yet up on pre-covid trade (2019).
Pretty decent figures baked in despite the odd headwind..SP taken a big knock...RECORD FCF etc.
Forward guidance ought to be on the optimistic side.
IF the management...
- deliver again over the coming year
- take another chunk out of the debt / raise the divi
Then the shares will be in demand.
ALSO...there is mention on Advfn of a gap at 107p which is not immediately obvious to me. Delusional perhaps. Dreaming or deramping maybe.
There is however a gap in the 180p - 192p region.
GLA
Full year results tomorrow
Am I correct in thinking that it is a trading update tomorrow. Would have expected a bit more buying going on regardless of the world stage.
nemesis - what planet you on mate - credit suisse is tanking - has zero to do with budget
Hi Nem 2, I believe it's 21st March. Good luck.
End of zero covid policy in China, stronger pound and lower transportation costs should all boost Luceco profits in 2023.
Been in and out myself. Going very nicely now.
GLA
Spread is huge as well
Will do results March
Told you ;)
well the market seems to like the figures - 15% jump as I type this :-)
£206m FY revenue and mcap is only £190m, add to that £22m profit and next to nothing debt and huge growth opportunity in the electric charging - the future looks bright!
Interesting c any buying by directors on this update
Great trading update
The Group expects to report full year revenue of c.£206m and Adjusted Operating Profit at the upper end of the previously guided range of £20-22m.
Likewise - hoping for signs tomorrow that they are moving forward. As regards buying own shares - the permission was not granted by that portion of shareholders who are not part of the group of shareholders with a controlling interest. Maybe they want to force a bid to emerge.
Apologies if you've already seen this from last years AGM:
For the purposes of the FCA Listing Rules, the Concert Party (being EPIC, Giles Brand, Deanmor Investments, John Hornby and his PCAs) is a controlling shareholder as a result of it holding 73,515,467 shares (35,564,260 shares, 9,466,919 shares and 28,484,288 shares respectively). Each resolution to re-elect independent non-executive directors (resolutions 5, 7, 8 and 9) have under Listing Rule 9.2.2E been approved by a majority of the votes cast by: (i) the shareholders of the Company as a whole; and (ii) the independent shareholders of the Company, that is, all the shareholders entitled to vote on each resolution excluding the controlling shareholder.
Per the Notice of AGM, the members of the Concert Party were not entitled to vote on the Rule 9 Waiver (Resolution 20). The Board is disappointed in the failure to pass the resolution by a majority of votes cast by the independent shareholders of the Company.