1. Most Discussed
  2. Gainers & Losers
LUM 2.3¢

looking good

  1. watso

    20,345 Posts.

    i have a small holding in lumacom. i have trouble (i cannot log in) with my internet broker , and i did not sell, when i wanted to - a few weeks back. since then the shares have done well, and as i write, they are 19.5c. i had been hoping to get out at about 7c.. the options have gone from about 1c, to the present 5c.

    the story looked good to me, when i bought in, but after one year, i was thinking about selling. i live in perth, and from what i could see of their product, it looked good. it seemed however, that not too many other businesses were interested in buying the signs. their last report, was very promising, insofar as they had sold one sign, and a partner was lending the money to manufacture the sign. i hope that this is the start of more sales, because if it is, then there is a huge market out there.

    i only bought a modest amount, because it was a punt, but i hoped that the shares could be worth a lot. a modest amount of speculation in the portfolio is good strategy. maybe this punt will be rewarded. other speculative punts that i have taken, have failed

Before making any financial decisions based on what you read, always consult an advisor or expert.

The HotCopper website is operated by Report Card Pty Ltd. Any information posted on the website has been prepared without taking into account your objectives, financial situation or needs and as such, you should before acting on the information or advice, consider the appropriateness of the information or advice in relation to your objectives, financial situation or needs. Please be aware that any information posted on this site should not be considered to be financial product advice.

From time to time comments aimed at manipulating other investors may appear on these forums. Posters may post overly optimistic or pessimistic comments on particular stocks, in an attempt to influence other investors. It is not possible for management to moderate all posts so some misleading and inaccurate posts may still appear on these forums. If you do have serious concerns with a post or posts you should report a Terms of Use Violation (TOU) on the link above. Unless specifically stated persons posting on this site are NOT investment advisors and do NOT hold the necessary licence, or have any formal training, to give investment advice.


Thank you for visiting HotCopper

We have detected that you are running ad blocking software.

HotCopper relies on revenue generated from advertisers. Kindly disable your ad blocking software to return to the HotCopper website.

I understand, I have disabled my ad blocker. Let me in!

Need help? Click here for support.