Ben Richardson, CEO at SulNOx, confident they can cost-effectively decarbonise commercial shipping. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
Why is everyone buying here ?
Luceco PLC
GBX 350.00
6.22%
+20.50 Today
LUCE
May 13, 8:17:14 AM UTC+1 · GBX · LON · Disclaimer
Any ideas why the price drop today?? EX dividend on Thursday maybe people taking profits???
Very wise i would say!!!!
Yes Luce doing very well. My original target was £3 but I think I might hold and wait for next trading update.
this is one of the best performing share in my portfolio so far ,nice
I saw it too, wow! Love the way they split their efforts into 4 and very much want to be in in the electric car market too. In China and confident as well. May take time but this looks strong
Luceco (LON:LUCE) – brokers going for 330p
The LED lighting, wiring, and portable power products group enjoyed a magnificent year in 2020.
On sales up just 2.4% at £176.2m, it reported pre-tax profits of £33.6m, up 96.5%. Earnings leapt 116.9% from 8.3p to 18p per share, while the dividend payment was 168.6% better at 6.2p per share.
The current year will not see such dramatic increases, due to added raw material and freights costs. Even so, the management is confident of further revenue and profit progression going forward.
The shares, currently around 273.5p, still have upside potential, with another 20% being possible, so hold tight.
The webinar this morning on Investor Meet Company was interesting, and explained several ways in which the company is planned to develop in the near future.
2021 looking positive!
Taken from RNS
"We have started 2021 with strong momentum ..... "
"Revenue growth has accelerated from the high levels achieved at the end of last year............"
"...combine to sustain further market share gains."
and great results today ,
I would imagine screwfix and B&Q are Luceco’s biggest customers, so hopefully we will get a positive update on how H1 is going is going so far
Not sure if there will be a 2021 trading update included in 2020 final results tomorrow.
Given the Screwfix and B&Q news today I suspect Luceco might also report similar performance?
The Group's final results for the year ended 31 December 2020 will be released on Tuesday 23 March 2021.
Luce is flying!
Record profits £30m (FY 2019: £18.0m)
"confident of further revenue and profit progression in 2021."
269.50 GBX ?08:00 Briefly.!!!
Some big buys where this share price going?
27-Oct-20 15:31:49 255.50 510,270 Buy* 253.00 255.00 1m
27-Oct-20 15:31:50 255.50 510,270 Buy* 253.00 255.00 1m
I'm interested to see where Hornby takes this now. Will they expand existing product range (which is limited), acquire further small companies in the sector or be swallowed up by the likes of Schneider?
Luceco PLC
LUCE
257.00 GBX
+7.00 (2.80%)
Average volume 137.43k
Shares outstanding 160.80m
Free float 66.31m
P/E (TTM) 21.78
Market cap 352.15m GBP
EPS (TTM) 0.1005 GBP
all time high was 260p three years ago ,looks like LUCE could beat that today.
251.79 GBX +32.79 (14.97%)
20 Oct, 08:07 BST · Disclaimer
that is better
236.50 GBX +17.50 (7.99%)
20 Oct, 08:05 BST · Disclaimer
nearly
not trading yet and looks like it could open over 10%
Full year 2020 outlook
· Assuming no major COVID-related disruption to our distribution operations, strong momentum throughout Q3 and a healthy order book for Q4 covering approximately half of the Group's expected revenue for the quarter allow us to increase guidance for full year 2020 as follows:
o Revenue of between £172m and £176m
o Adjusted Operating Profit of between £28m and £30m
o Adjusted Operating Margin of between 16% and 17%
o Adjusted Earnings Per Share of between 13.5p and 15.0p