LUM 0.00% 2.3¢ lumacom limited

lumettes unite (buy recommendation)

  1. 1,645 Posts.
    LUMACOM (LUM) $0.52.

    LUM yesterday announced three new screen deals in Europe see the attached company announcement.

    We believe that there will be several more announcements between now and the end of the year.

    LUM needs 2.5 screens to break even, they now have four in place in Europe.

    We expect that once LUM has several more screen deals in place they will be able to publicly release revenue and earnings forecasts, they will be able to give average revenue numbers per screen, each deal is slightly different and commercially sensitive.

    We will soon be able to put a PE on LUM and consider removing the word Speculative from the recommendation.



    The Baillieu Team.

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