LUM 0.00% 2.3¢ lumacom limited

e.l. & c. baillieu "spec buy" 80c

  1. 1,645 Posts.
    LUMACOM (LUM) $0.80

    In yet another endorsement of their products LUM has received an order for a LumaSign from Pepsi with the sign to be placed in Moscow. Whilst this deal varies from LUM's typical business model in that it is a sale we believe that LUM will do more deals with Pepsi across Europe using their typical recurring revenue model.

    LUM management are currently in the US and UK and are progressing other dealsand expect that more deals with Pepsi and other advertisers will be announced in coming months.

    Our recent background note on LUM is attached, we continue to recommend the stock as a SPECULATIVE BUY.

    SPECULATIVE BUY.

 
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