Jsjs Designs Share Discussion Threads

[jmf69] 06/2/2014 07:15

There we have it... rns for official launch of heating products

[yesrupnel] 05/2/2014 13:45

JMF - thanks for the update

[restriction] 05/2/2014 09:57

Agreed,

I have already spoken to a large electrical wholesaler group this morning and they have an account with Megaman, so should see the products there soon.

[jmf69] 05/2/2014 09:52

They have already missed the boat for the heating products this winter. IMO they're better off getting the product right and ready for the next winter.

[nar1] 05/2/2014 08:44

Nice to see this thread more active -

[restriction] 05/2/2014 08:40

(Excuse me if you've already read this stuff/ heard about it.)

Edmundson - Electrical Wholesaler, interesting parnership with Megaman, article below.

hxxp://edmundson-electrical.voltilink.co.uk/articles/voltimumuk-starts-2014-welcoming-megaman-its-latest-partner

City Electrical Factors

hxxp://www.cef.co.uk/catalogue/products/search?q=lightwave


These wholesalers are part of larger groups.

I myself will be trying to introduce the product to more wholesalers, as im in that field of business.

Stock is spread around more than I initially thought, don't know about you guys.

[restriction] 05/2/2014 08:24

Ok agreed.

I will share any new information I find on here.

[greenrichard] 04/2/2014 21:56

I think your first post was a little aggressive - so maybe my response was too.

Let's move on.

[restriction] 04/2/2014 20:46

And does anyone know ScrewFix's stock status....?

Look at the end of the day im not here to upset 'long term holders' or supporters of this company, just think that more patience is required, then perhaps multi-bag gains will be made.

[greenrichard] 04/2/2014 20:46

Shame they didn't recognise that 3 years ago.

[restriction] 04/2/2014 20:40

And as the previous poster alynch has stated they are a design company, and their initial sales may have faltered which is why megaman are the stockholders..JSJS not holding any stock which leaves their income to focus on design.


I don't mind a bit of speculation but when mere posters start to aim comments of the like at the management without thought then it makes me question the intellect.

If the intention was to de-ramp then do me a favour and anyone else with a more...positive outlook, a chance to buy cheaper shares.

[restriction] 04/2/2014 20:36

"GreenRichard" i've seen people refer to other users posting history before, and using the top traders thread to try and refer to something as a negative.

1. Top traders thread is full of ramping phsycopaths who do nothing but screw noobies out of cash based on a sheep like follow. I have used the thread to point out companies of interest but had fell on deaf "ears" as we know the nature of the investors there.

2. I know more than you. :) minus the guesswork.

Hurrah

[alynch] 04/2/2014 20:20

Perfectly legit guesswork, Buggy, just as mine would be if, re FB takeover, I told you that in answer to a private message I sent to whoever runs that page a couple of months ago suggesting they found someone who would take time to answer the concerns of the users and those interested in using LightwaveRF, I was informed they were sorting that out and getting someone to cover that.

Now, in my mind, rather than incompetent, if they have brought in Megaman to do the job, I would suggest that might be seen as a wise move, since someone dedicated to answer questions and reduce the frustrations will ultimately likely help sales and increase confidence?

An element of competence is recognising when there's a particular area in which you are not successfull, and finding one who is more suitable for the job. JSJS excel at design, not sales, and not customer services, therefore it is a good move for these areas to be taken over by a company who is experienced at these areas. (It's only a shame they didn't have anyone in the company to do it, as they then lose control over these areas.)

[greenrichard] 04/2/2014 20:02

Restriction - looking at your posting history, (mainly on the Top traders thread) that is possibly the longest post you've ever made. Well done!!

buggy has been here a lot longer than you and I don't think anyone can dispute the failings of the management with regard to continuous delays of product launches and poor customer communication over the years.

Progress has been made but it is frustratingly slow, which is allowing the competition to catch up and maybe even overtake, which would be a shame for such a great product.

[restriction] 04/2/2014 19:05

Lol, buggy, and you know some facts do you?

You believe that the directors such as Mike Lord are prepared to invest such large amounts of money then watch it burn?

I think before you jump to such conclusions you should think of the bigger picture.

I advise you wait for some facts before you advance on purely your own speculation and imagination.

Regards.

[jmf69] 04/2/2014 18:55

I think you could be right with megaman taking over... potential is huge but they just can't get the new products out.

[yesrupnel] 03/2/2014 11:07

Roomove - I agree with your sentiments on the company. I have it in the VERY RISKY part of my portfolio and the company has a fairly even chance of going bust or being a multi-bagger. The Megaman deal has changed the odds and also allowed me to take very good profits when it was annouced. I got back in again when I thought the share price had bottomed.

The heating control/set of devices market is now easy to get into for most households. Go to BGas, visit B&Q etc. This is rapidly becoming a 'me too' market. If NEST launches then the premium end of the market will be sown up and the middle ground is what JSJS will need to compete in where margins are tighter.

They need to be bringing a new range of other products besides the lighting and boiler controls in order to be a multi-bagger medium term but based on their track record I don't think they can get new products to market fast enough.

So it looks like their value is more for their intellectual property and technical expertise and a company could take them over, e.g. Siemans, Honeywell.

So whilst a distribution deal with a major energy firm would be very good and the share price could increase substantially on that news and further quarter sales/profits figures I am not sure they are a well run enough company to carry on inventing AND getting new products to market in time.

[roomove] 03/2/2014 10:10

Yesrupbel, I had it on very good authority that jsjs had the heating products potentially tied up with a major energy firm over 6 months ago ready for this winters sales. I posted this here at the time. I have not heard anything since but I would imagine that at best the deal will now be another less favourable to jsjs if it's still on the table at all. A huge opportunity has passed here, these products were due for release 18 months ago, imagine the market share jsjs could now have. I sold out a while ago, I keep tabs because I would buy back in at the right price and I'm surprised the share price has held up so well. A year ago I was very confident these would be a huge success, I'm 50/50 now and with the news about marlin from buggy I'm worrying that contract could be looked at by an unhappy customer. They still have the trump card of having a wide product range but the longer it takes to get all products out there and keep stock levels up the more customers will look elsewhere.

[buggy] 31/1/2014 20:02

yesrupnel,

I think the stocking issue may be with JSJS designs as the Maplin contract has not been transferred yet to Megaman.
I am not sure what the issue is ... but I am beginning to think that there may be some squabbles and possible disagreement with their partner; manufacturer and supplier.... Just speculation on my part.

My reasons are threefold:
1. Some of the products even from the JSJS online store ( e.g. Electicity Monitor and Energy monitor SKU JSJSLW600), has been listed as out of stock for nigh enough over 3 month. If they can't supply themselves for their online store how will they supply someone else.

2. Maplin which is supposed to be restocked by JSJS Design seems to be having issues restocking:
For example only 50 out of the 212 stores currently have stock of White Single Socket outlet. The rest has sold out and has not restocked. [LightwaveRF 1 Gang 13A Socket White]

3. This story from Megaman that heating products have been removed from their website since they can no longer guarantee that it will be available in March. The reason that was given being that the company have issues at production. Production run for these from an operating plant will take at most a few days. This implies that either the products are still not fully tested satisfactorily so the production run has been delayed or the manufacturer is withholding the production run for other reasons.
I would have thought the greatest lead time will be in the time it will take to ship the products from far east to UK rather than the couple of days that it will take for a production run.
The same manufacturer is supplying NEXA with their WI-FI Link , ( same as the LightwaveRF Wi-Fi Link), and I am not aware of NEXA having production issues.
[ If it transpires that the products will not be available in March then the decision to ask people to pre-order for March deliveries will be a massive own goal. This approach may have be a hasty action in response the HIVE adverts swamping the TV.]

These are just conjecture and speculation on my part. I am just trying to read the tea leaves and divine a reason as to why the supply lines seems to have dried out. [99% chance that I am way off the reservation.]

The above observations, leads me to one possible conclusion: I think we may well have a problem with our supply lines, ( supplier/manufacturer and partner).[ Disagreement about the %age of cut the manufacturers and partner will be getting???.. who knows].

On a happy note:
In google store the total download of the LightwaveRF app has now reached the 5,000 -10,0000 milestone over the last few days.


Great products and if the management gets their finger out, we would all be more than richly rewarded. It is sometimes just frustrating how is seems as if they are hell bent on dragging this company down, even though I am sure that they are doing their best.

Whatever the issue is they need to get it resolved quickly.

[alynch] 31/1/2014 19:59

Maplin still being stocked independently of Megaman I believe.