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LUCE could reach 250p in the future
Hi Volcano
You are correct when stating that
Total shares: 160.8 mill
Free float: 67.6m (42.0%)
92% of the shares held as follows:
Hornby CEO - 27%
Giles Brand Chairman 5.9%
Epic Investments: 27.4%
Institutions: 29.5%
Employee Benefit Trust 2.3318%
TOTAL tied up 92.13%
Only 8% of shares are available to the PIs.
Well done Chris, you got in very close to the low. I bought a little too early at 53 and couldn't believe it had further to fall.
Not the first time I've done that and won't be the last. Still, I can't complain now.
Regarding exit, you could always stay here and take the dividends until you find the next compelling sure fire bet for your funds. I'm still hopeful that it will get to 160 at least.
Good luck whatever you decide.
Unsure when to exit this one as it's doing well. I bought in at 45p so it's flown. Took initial investment out at 100 and it's gone up 40% since then...!
Shares outstanding 160.80m
Free float 66.47m
There we go, 52 week high just reached and that's £1 more than the 40p low of last January.
Not bad return if you got in then.
I'm holding out for the 160 target, which is still a lot lower than the 230 it was 2 years ago before it crashed.
Since then, the company has improved efficiency and rebuilt its margins, so now in much better shape.
With the economy getting back on track, the share price should keep rising as we move towards the next trading update. If we get in the 140s before the update, we could then bounce up to that 160.
Fingers crossed.
First thing this morning there were a couple of chunky sells of 65k and 50k shares. A bit later there were 2 big buys of 100k shares. These went through at 134p, which is very close to a new year (52 week) high.
A trading update is due on 28th of January so hopefully they will reveal a continued improvement in earnings. I'm currently up over 50% and had a limit sell of 137p in place. I'm now seriously thinking of cancelling this and see if LUCE continues reaching towards the Liberum Capital target of 160p.
There you go Numbers, it reached a new year high for the New Year.
Looking good, Luce.
LUCE has been rising steadily over the past few months. It almost hit the year high again on the last day of the year...
i would say so from 80p few weeks ago now is 123p, nice
Thu, 14th Nov 2019
Liberum Capital today initiates coverage of Luceco Plc (LON:LUCE) with a buy investment rating and price target of 160p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk
The share is back up above 100p after briefly dipping below 90p and cycling around the mid 90s for over a month.
It looks as if the majority of trades are buys but they are being shown as sells. There is an auto sell of 1 share - what is that about?
Big drop yesterday was unexpected. I set a limit buy at around 89p to double my holdings but price didn't quite hit the limit. Still have confidence in a bounce in the short term as 2 directors have been buying this month at prices between 80p and 97p.
yes and we are up to a nice round number 100p , and the spread is getting bigger , nice
Sorry, she purchased almost £50K of shares yesterday and today...even more positive!
Looks like the CFO's wife has spent over £12K buying some shares today. This is a positive sign that the share is good value at the current price and will hopefully rise. She paid over the Peel Hunt target price too, so their new target was hit in a couple of days!
Very erratic behaviour of Luceco SP. Shares today Sells 2.1 mill and 239K. but SP has gone up from 81p to 90p. Are the shares hard to get or ?
And still 35% lower than 12 month high . Still headroom here
we are at 91p now so who knows
At this rate Luceco could exceed the new Peel Hunt target of 96p sometime this week! I wonder why they have downgraded their target - were they expecting better results than were announced?
Luceco (LON:LUCE) Stock Rating Upgraded by Peel Hunt
Posted by Denise Randall on Sep 11th, 2019
Luceco logoLuceco (LON:LUCE) was upgraded by equities research analysts at Peel Hunt to a “buy” rating in a research note issued on Monday, ThisIsMoney.Co.Uk reports. The firm currently has a GBX 96 ($1.25) price objective on the stock, down from their previous price objective of GBX 120 ($1.57). Peel Hunt’s price target suggests a potential upside of 20.00% from the stock’s previous close.
LUCE is back on track again
Shares outstanding 160.80m
Free float 66.56m
started very positive 78p now