Updates

Luceco - Gain to date: 65%

November 2017

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.

The shares remain close to highs following another excellent set of half year results. Revenues rose 26% to £75.3m while adjusted profit after tax rose 63% to £6.5m. Eps rose 43% to 4p.Wiring Accessories, which supplies switches and sockets in plastic and metal decorative finishes, grew sales almost 14% to £34.9m driven by market share gains through on-going product development and range expansion. Operating margins were largely unchanged at 15.8%.Portable Power, which sells cable reels, extension leads and surge protection devices through its Masterplug brand, increased sales 52% to £20m as a result of new business wins.Most importantly, its LE Lighting division, the fastest growing part, increa ...

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Spire Healthcare

Mortgage Advice Bureau - Shares reach £5 for first time

Luceco (May 2024)

Luceco - First acquisition for two years (April 2024)

Luceco - Trading ahead of expectations (March 2024)

Luceco - Leverage falls below 1x (January 2024)

Luceco (November 2023)

Luceco - Margin growth drives 8% profit upgrade (September 2023)

Luceco - CEO John Hornby upbeat on margin recovery potential (June 2023)

Luceco - Net debt to be virtually eliminated by FY24 (May 2023)

Luceco - Net debt / EBITDA just 0.8x vs forecasts of 1.3x (March 2023)

Luceco (December 2022)

Luceco (June 2022)

Luceco - Acquires DW Windsor (December 2021)

Luceco - Gain to date: 209% (May 2021)

Luceco (March 2021)

Luceco - Another towering upgrade (December 2020)

Luceco - Shares hit new high of 221p (November 2020)

Luceco - 23% eps forecast upgrade (September 2020)

Luceco - Huge upgrade (August 2020)

Luceco (May 2020)

Luceco (March 2020)

Luceco - Soon to be prospective PE just 11.2 in spite of excellent growth record (November 2019)

Luceco - Cheap on prospective PE of 10.8 (October 2019)

Luceco - Forecasts upgraded; new price target 80p (March 2019)

Luceco (July 2018)

Luceco (April 2018)

Luceco (February 2018)

Luceco (September 2017)

Luceco - Eps beats forecast (May 2017)

Luceco - Emerging LED lighting products business eyes eps growth of 15-20% p.a. (December 2016)

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

Luceco - Gain to date: 65%

November 2017

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