A mysterious yet fantastical society of actors and comedians who all seem to live in Liverpool. No one is sure of their exact purpose or why they are called LUDS, yet they seem to set out in the world to entertain and educate the masses (or at least a good percentage of the student population). LUDS produces a lot of different types of entertainment live, which all seem to fall under the title 'thing'.
Maeve: Hey man, wanna go see the next big LUDS thing?
Joey: Sure why not, I've heard it's got Martin in it.
Maeve: Martin, Oh boy I think he's just great!
Joey: Me too.
Charlotte: Me too.
Maeve: I love Martin, I just wish he'd love me back the bastard, instead he just keeps chasing other girls and asking me for advice!
Joey: there there Maeve.
12 step recovery jargon referring to someone new who talks about how great life is, now that they're sober. Usually meaning that the person is out of touch with reality.
The new guy seems pretty happy for a dude who has no job, no money and no family. He must be on a pink cloud.