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LWRF Lightwaverf Plc

0.625
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Lightwaverf Investors - LWRF

Lightwaverf Investors - LWRF

Share Name Share Symbol Market Stock Type
Lightwaverf Plc LWRF London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.625 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.625 0.625
more quote information »

Top Investor Posts

Top Posts
Posted at 05/2/2020 15:20 by sinkyj
Thanks for asking. Not good CT, there's going to be a lot of pain over this with supply chain all over the world. Quaratine getting much stricter now. Can see closdown extending to end Fe Always money to be made Athnotts, it's risk reward though. Somebody might make a killing. I still think this is sewn up though, I know the people. Private investor value is the least of their thoughts. I know a couple of people that might be having a go at getting their voices known.
Posted at 26/1/2020 09:48 by sinkyj
Missed this, a bit busy getting locked down in China yesterday. Can't add much to the previous excellent comments. Glad I saved some of you some money. Whoppy, I told you how this will play out and the dangers of hanging around. This is done deal with full investor approval already. They could already be committing investment for afterwards.I expect, but don't know, a large investment is waiting. But at what valuation now? Out of sight of public view the company will be carved up by the 75% insiders and any private investors will be wiped out. Seen it before. The other option as laid out by others, snall loans and limping along, until cheap sale, is equally likely. Not sure how you will win, either way, Whoppy. I assume the plan, as said before, will be lots of options for directors, a post Aim cost cutting exercise, big investment in marketing, some nice sales and then a trade sale to Resideo that makes them a few quid.With regards to the first statement, don't under estimate the current situation in China. Even if it doesn't spread from China most of the electronics workforce, including myself , is under quarantine. 14 days, maybe 2 months. There's going to be massive disruption of China manufacturing in the next few months, be aware when investing.
Posted at 24/1/2020 17:39 by athnotts
i agree ukdannyboy, the time to strike was back when the apple relationship was fresh. go big or go home.

and whoppy i would think the other big holders have already had something to say about this - i don't think this step would have been taken without consulting them. we've had this discussion on here before, if all the insiders, the institutions and the 3 or 4 high net worths that own a few % each all align it's over 75%.

cc will move on if they don't put more money in, whatever happens. once it's delisted an acquirer will move them on by definition, or a strategic investor (industry player or one or more financial institutions) will want a preference share class so that will be on top of them as well as their getting diluted. they might cling on to a board seat, depends on who it is that comes in.

if it's not acquired the board will change and board fees will reduce considerably too - at this scale a tech private company chair and non exec get options, maybe a bit of cash but nowhere near as much as we see happening here and elsewhere on aim. the new money will insist on that.

here's my speculation on what the path is - it will delist, will survive on loans from cc or others for a while until it sells to honeywell or another large player on a conditional earn out deal of some kind, ie part of proceeds will be contingent on post acquisition performance. the acquirer may retain some of the management if they like them/need them, but will most likely use their own people to run it.

it's a tough market (uk new entrants den went into administration a few weeks ago) hence i think it will be a conditional deal. just my 2p. (i've not talked to the company or any of their investors).
Posted at 24/1/2020 15:25 by ukdannyboy
Afraid to say but this is as good as gone, they’ve sucked out everything they can from investors.

What could have been a huge success with Apple, European expansion, possibly America etc has become a nothing. They clearly haven’t had anywhere near close to the sales expected. I’ve had a lot of emails over the last few months for flash sales of Lightwave products, it doesn’t seem like anyone is buying into it at all. R.I.P Lightwave.
Posted at 22/1/2020 22:10 by athnotts
think you've scared him/her off ;-)

cc must be way under water at the current valuation so i hope they have some paddles for the creek they find themselves up... whatever way you look at it the company needs new investors or an acquirer, so cc will have to take a loss, take dilution, or put more £ in themselves. simple as.

ps - reducing r&d investment is not a good idea imo (that's what they did last year over prior year re results, just posted) - see prior sinkyj posts for reasons why.
Posted at 21/1/2020 08:41 by clocktower
Where is whoppy?

How much longer can they stretch investors to pay their over inflated salaries?

Will CC now even want out?
Posted at 17/12/2019 12:31 by melody9999
had a quick nose around. such a difficult market. recommend any investor looks at the products and asks 'would I pay hundreds of £ extra to get light / heat / power just so I can control things more precisely and from my mobile etc. starter kit £185 socket front £60 when I can buy normal ones for £10 ish

can see the applications in high end properties for customers with money to burn....but not mainstream at these prices
Posted at 17/12/2019 09:58 by athnotts
well that much cash isn't going to get them very far... tho i guess it shows a bit of faith re a signal to suiters (investors or acquirers). can't imagine the rise will go above 7p.
Posted at 01/12/2019 23:45 by athnotts
i would guess committed have not subscribed re the high price, ie as the share price has declined so far since then. there will be a new subscription at a lower price if the company needs cash and there is no other alternatives. i'm assuming the 'strategic review' in practical terms is them going into conversations/pitches with possible acquirers, possible new investors, and existing institutional holders. what actually happens depends on the views of those 3 groups. i guess it will take weeks if not a month or two. hate to say the b and e words but i would not want to be doing this stuff at same time as brexit and an election. they should have seen this coming and so began this 6 months ago and not hoped for a good final quarter of the fiscal year that then failed to materialise.
Posted at 04/11/2019 09:27 by clocktower
10 years ago this was trading at over £1.50 - around 2013 things looked like they might perk up but all along the BoD have failed minority shareholders but rewarded themselves generously for their failings.

False hope was raised with the appointment of the last CEO by some on these threads but its clear he also (as I forecast) has failed to deliver.

How long before the BoD find someone else to hang their failures on?

Those that held on in blind faith that posted on this tread, did they throw the towel in months ago or taking losses now before suffering further, or holding on in sheer desperation.

I hope for their sake they they jumped ship prior to this RNS as it is truly shocking to see directors mislead investors by not putting the full facts before them as soon as they become aware of the issues facing the business.

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