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Luceco – “order book has improved”, so why a further share price decline?

2018-07-31 07:27:17

A trading statement from LED lighting products, wiring accessories and portable power products manufacturer and distributor, Luceco (LUCE) includes “the group expects to deliver year-on-year adjusted operating profit growth in the second half of 2018. The group's order book has improved and management remain confident in the group's long term growth potential”. So why currently a decline of more than 8% in the share price, to 34p, in response?...


Luceco shares crash today - a timeline to consider - the CEO is share trader of the year

2018-03-06 06:14:38

Today saw the second profits warning in three months at Luceco (LUCE). It floated at 130p on 17 October 2017 but here is a more recent timeline to consider. 


Luceco – a profit warning three weeks after CEO share sale… but he clearly not guilty of insider dealing

2017-12-15 05:00:55

On 24th November CEO of LED lighting and portable power products and wiring accessories company Luceco (LUCE), John Hornby sold £4.69 million of shares at 234.53p each “principally to settle personal tax liabilities” - and “for further information” it was to “contact David Main, Chief Financial Officer”. Today, three weeks later, there’s a “Trading Update” announcement. All good then you’d presume.


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