Member Info for ChrisInvests

Jaguar, please find advice on UKPersonalFinance reddit page, also read Tim Hale Smarter Investing. Individual stocks are very high risk investments, lesson learned.

Just read the presentation they're confident of adjusted operating profit for H1 being above market expectations.

As they already have half of half 1s information, I suspect this will be met.

Definitely a hold for me, and I'd probably buy if I was looking to invest. Think this will be in full recovery mode throughout 2019.

This is one of the key parts for me:The outcome was a much-improved performance in the second half, achieved against a backdrop of challenging conditions in the UK market. Following a breakeven position in the first half, the Group delivered an Adjusted Operating Profit of £8.5m in the second half, 49% more than the same period in 2017.At the same time, we generated a good net cash inflow in the second half and reduced net debt to £32.2m at the year end from £37.2m at the end of 2017. This stands us in good stead for the future.

Indeed, worth remembering the SP was 231.5 then too, the lows of 33 were unfair and due to a general downturn in markets, 50/60 was the base. Agreed on the dividend, take from one hand give to the other.

Looks good to me.

Strong H2, reducing net debt, recovering strongly from the blip in 2017/H1.

Yeah, he's completely incorrect. This is obviously trending upwards.

EBT bought a load more. Guess it was those trades we were seeing.

Feel bad for those who sold at 33-40p when it was on its way down..!

Optimistic, I think it'll be flat

Looks like 90m revenue in H2 at Operating margin of over 10%.

That should return the company to profitability for their year end results, no?

Any trading completed with knowledge that the wider market isn't party to, is insider trading. Regardless of buying or selling.

Hoping tomorrows update is a good one.

Trading update - 29 January 2019
Director dealing - 2 Directors purchased 8.5k shares each (small), but interesting none-the-less. Given they almost certainly know the year-end result, I guess that has to be seen as positive news.

Ruffer LLP also purchased 5% of Luceco's shares last week. Think that's two large institutions buying in during the past couple of months.

Who knows something we don't? Having a huge run... +45/50% from low of 33 at the back end of last year...

EBT purchased 1.1m shares too.

Hmm. I guess it's only positive.

It's better than a profits warning :D and they will have closed the books by now so should know where they are...!

Not me... But I have noticed that there are seldom large sells in the book for Luce, and occasionally large buys. The price of this stock seems incredibly easy to suppress with a small amount of money (maybe £10k).

Those articles really are cack aren't they. There's hundreds of them about too...

Anyway. We're back to where we were...

The only thing that should be effecting the price atm is Rmb and copper movements, and any signals on the led market. Haven't had too much information the past few weeks anyway.

Volatile.

No point buying ESO for LUCE. If that's the plan anyway... You may aswell just buy LUCE. Why bother doing it in a convoluted fashion?

He could be accumulating in the background - they don't have to announce share purchases by law. I wouldn't read too much into that.

News in December, all things being equal should be good. Copper and RMB/USD has moved favourably from July onwards, so lets cross our fingers :D

Well it's certainly wallowing now. Given there has been almost zero news, either someone knows something we don't... or it's just being sold for no reason.

Well this isn't going too well! Big buys don't seem to move the price much... little sells do!