Member Info for groose

And we never found out who that "global technology company " contract win was with.!

Clearly the owners David Lazarus and Tamir Koch, who stole the Company @0.2p and have been the architects of its downfall, have no faith in the business anymore and are cashing in their chips, ahead of announcing they cant make a profit despite Paul Langworthy claiming they would.
Personally this is a bad result although better than going bust.
Good luck to Songtradr who have snapped this up for a bargain @£20m

MTP Nasdaq on google finance is showing 405% rise to $2.75 MCap $47m.
Whats that about?

The main take away for me is that margins appear to be protected from cost inflation and supply chain issues reported in the Sept 2021 Interim results and October Q3 trading update following share price highs of £5. Delivering record Profit of £39m!

Update on cost inflation & supply chain performance
· We have progressively increased selling prices to pass through industry-wide input cost inflation, delivering the expected benefits without adversely impacting demand.
· Reduction in inflationary pressure in Q4 compared with Q3 2021, but we remain vigilant.
· Selling price increases, once in full effect, will fully protect profit from current cost inflation.
· Superior product availability maintained thanks to agile changes in capacity at our vertically-integrated production facility and proactive inventory management.

Yes it look all fine at Luceco. Handling cost inflation well, very minor reduction in margins but the main take away is Luceco are delivering record profits!
I therefore don't understand the share price movement. This surely can only go one way now and that is back up!

The latest acquisition of DW Windsor looks a good marriage. Added revenues of circa £20m based on latest account filed.
Q3 update due 21st Oct. Hopefully find out the extent of cost inflation and how Luce has navigated this.
Despite disappointing share price performance I remain very positive for this Company.

Positive article which clearly explains share price movement
https://www.investorschronicle.co.uk/ideas/2021/09/30/luceco-keeps-the-light-on/
"But there are other reasons to feel more positive, which the share price may be ignoring. Its 2021 first-half revenue of £108m is a record for the company and is 31 per cent more than in the first half of 2019. As well as boosting sales, the company has also experienced a “step change” in profitability in the past two years. Despite the supply chain issues it has encountered this year, its half-year adjusted operating margin was still 17.7 per cent compared with 8.7 per cent in the first half of 2019."

The interim results are obviously incredibly disappointing as we were led to believe "year-on-year revenue growth and deliver a full year of positive EBITDA" However the financial year is not over yet.
I can only assume contracts that were due to land in 1st half 2021 will now land in 2nd half or even 1st half of 2022, as alluded to in Outlook statement.
Having said this Paul Lanworthy's position must now be in doubt. He has had plenty of time at the helm and been rather misleading. Also disappointing no comment from the Chairman.
If they can report some decent contracts this hopefully should bounce back.

House broker Numis has kept its guidance unchanged and is expecting EPS to rise to 20p for full-year 2021 and up to 21.3p in 2022.
https://www.investorschronicle.co.uk/news/2021/09/07/luceco-hoping-to-mitigate-supply-issues-through-higher-pricing/

Half year statement due 7th Sept must be good or is there some other news coming?
This share keeps on giving!
Fingers crossed

Anyone know how many Accustem shares/ADR's in issue or what the M/Cap is at current share price?
Very little fundamental information published as yet.

Cant find Accustem on Telegram

Is there a share chat forum for Accustem anywhere?

Great results and forecast for 2021 looking at 40% increase in profits from 2020

From RNS
we now expect full year 2021 revenue of at least £220m and Adjusted Operating Profit of at least £39m, ahead of current market expectations.

I wouldn't blame you been having the same thoughts but I think I will will wait for next trading update which I think is due this month.

Article dated 14th May. Would explain recent SP rise.

https://www.insidermedia.com/news/walesyorkshire/luceco-expects-to-double-first-half-profits

Large rise on SP nice surprise. Luce keeps on giving!!

Yes Luce doing very well. My original target was £3 but I think I might hold and wait for next trading update.

Press release dated 2nd April
The company shared in a recent press release that the study is expected to serve as a further proof of concept for Foralumab’s novel method of nasal delivery, as well as its safety and efficacy as a potent, systemic anti-inflammatory therapeutic in more severe Covid-19 patients.
https://trialsitenews.com/harvard-medical-school-brazilian-cro-study-results-show-potential-of-anti-cd3-mab-targeting-covid-19-now-biotech-to-progress-to-phase-2/

Ha Ha yes probably.
The way I see it, this company has been around since 2004 merged with UBC media 2013 no doubt in the right space but have failed to cross the line.
The Company ran out of money 2019 and was kept alive by Koch and Lazarus etc massively diluting existing shareholder,. Paul Langworthy was promoted (formerly COO) and frankly, in a time of 'digital explosion' Paul and the Company still fails to deliver.
Perhaps a take over as the thread suggests would be a good outcome.
7digital probably has 1 or 2 years before its model becomes antiquated and outdated in favour of new tech.
Hope my feelings are wrong and there's a delayed fuse to that 'explosion!'