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Authoritative Independent Monthly Share Selections Using Technical & Fundamental Analysis

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Luceco

July 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • LUCE
  • Price:
  • 148p
The shares firmed after Luceco said demand continued to be strong with Q1 revenues up 19% year-on-year helped by a first time contribution from the D-Line (Mar24) and CMD (Sept24) acquisitions. Deutsche Numis notes tariff risks are minimal with China sourced products sold to the US being less than 2% sales.  Luceco said industry metrics are improving and spend on home improvement activity in the UK has been increasing. For example, Barclaycard said DIY spend has gone from -8% last autumn to +4% in April.  On unchanged full year expectations, the shares trade on a still inexpensive prospective PE of 10.6, falling to 9.4 versus a peer average PE of 19.3. Deutsche Numis’ price target is 205p. I am a buyer.  ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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