Lightwaverf Share Discussion Threads

[clocktower] 15/10/2016 09:46

An Apple a day keeps the Doctor away, so they say. It maybe that Apple will rescue the situation and have a monumental effect on the business. The beauty is that a logo like Apple can transform a business at a stroke.Now that the company have a wider range of distribution channels, visibility becomes clear which breeds confidence in itself. With or without Apple for the next few months, the path of growth seems certain with suppliers like Srewfix marketing the goods.

[dnadan] 14/10/2016 14:18

Looks like clutching at straws. Very poor. I have been a shareholder since 2012 and have seen this company make mistake after mistake imo. Products are good but management have mishandled it. Was hoping CC director (Harris) would show the way with his background and experience. Heres hoping!
All those wishing or hoping for the company to do this and that which will hopefully bring high growth I can only say its a slim chance with this management. They had the market lead all those years ago and wasted the advantage in a sector which was white hot. call it narrow sighted or inexperience etc do not know. What a waste!

[sinkyj] 14/10/2016 13:24

mixed bag, pretty neutral for share price.

Good support shown from a key shareholder. Given, its a high interest rate but would you lend the company money with the publicly available information? For existing holders, it's much preferable to more dilution.

Poor sales, but the range is very tired now, some products over 5 years old, which is a lifetime in this market. If they have 150K R&D tax credit to come, there's been some hefty R&D going on to replace those products.

Looks like like a short term loan, to bet 150K on Homekit to me. Whatever the situation now, put some new product out with an Apple logo on it and the channels, new and old, will light up. It's all in the execution of getting those to market. Hopefully, CC are looking after our mutual interests there.

[clocktower] 14/10/2016 10:25

There are now a lot of companies plugging it on their websites like this now if you check, so the uplift could happen quickly,these resulting from the work done over time by Megaman.

[clocktower] 14/10/2016 10:10

buggy, I do not wish to dispute your summing up but just putting forward another take on the situation.

a) Agreed
b) CC put up new funds a short time ago at 12.75p and seem very committed to the business, the terms of the loan maybe generous in your eyes but maybe a way of rewarding them for the support, and suggests that they can afford this repayment, which is no-doubt meant to provide confidence going forward.
c)Sales maybe are at H1 level but they say are showing traction - so I think they are saying they are now on the up - and to support that have said the order book stands at £800k which is £50k up on the last figures they provided.
d) When you find the deal with Megaman was not what you intended, is it not right to move quickly to correct that? By doing so they are gaining distribution and with notable success's with the likes of Screwfix and now around 200 Graham Plumbers Branches plus others that I have either posted links too before or noticed. Having done a quick check it seems that the 200 Branches of Granhams do not yet hold stock, so with winter on its way it is likely that once the base stock is in, there will be rapid repeat orders as the products are now more visible in the market.

The rise in the share price is only due to WIRE taking its offer up and increasing its bid to that of other MM at this time.

This winter could be the turning point for Smart Home products.

To avoid misunderstandings I only have a small holding at present (which I think I flagged when I got back in at around current levels) and will be waiting for more news before investing further but do see this as a good time to take a small punt for those not in already as the long-term prospects look reasonable.

[buggy] 14/10/2016 09:31

DISCLAIMER: No longer invested but just observing, so ignore my rambling.

Not really sure why the price was marked up on this news as I can't see the positive that warrants a price rise.

(a)In general companies do not release good news on Fridays.
(b)Secondly the money situation must be tighter that I anticipated to drive the company to take a short term loan at 15% pa and the lender is concerned enough to have incoming ring-fenced to cover their payment.
(c)Sales still at a level to H1 level which was terrible >>> where is the traction.
(d) Having additional distribution channels is now being trumpeted as a positive? Previously they had over 30 distribution channels which they ditched to go with Megaman. We were told that this is great because this model means that they do not have to carry stock hence reduction in working capital requirements. We are now going back to where we were before they dismantled their distribution channels. They have now done an about face and telling us that it is a good thing? What about the working capital requirements etc. etc, all those bad things that they told us meant that the Megaman structure is the best model forward. Having to borrow 215K at a loan shark rate does not scream of company with a lot of head room in the working capital department.

REPEAT:
I am no longer an investor so most probably way off with my analysis.
For those that are still invested, I wish the best of luck and hope that it comes good. I am just an interested observer as I once had great hope for this company and it formed a big chunk of my investment portfolio,

[jmf69] 14/10/2016 08:08

Revenue likely to be 1.5 to 1.6m

[gozo] 14/10/2016 07:53

Yep, as others have mentioned let's hope they're making a good job of integrating with apple's homekit...I'd rather they got it right than rushing it out to market.

[jmf69] 14/10/2016 07:49

Well there you have it. Trading update and more funding

[tonys8] 13/10/2016 22:31

Just done a quick search on Screwfix Web site. .. Plenty of lightwave products available.

[nar1] 13/10/2016 22:10

Zzzzzzzzzz no news and it appears no stock for Screwfix. None of the Screwfix stores have any LWRF products available online or at any stores nationwide.

[clocktower] 13/10/2016 09:50

LWRF featured in the new Medlock - Go Green Catalogue 2016/2017 with a double page spreed on pages 40/41

[clocktower] 12/10/2016 11:04

Maybe tomorrow, they like Thursdays and the 13th/14th of a month.

[jmf69] 12/10/2016 10:52

Still no news from the company

[clocktower] 12/10/2016 09:42

When I just noticed the last buy I took a look at L2 and noticed WIRE had reduced it market size down to 25k from 50k which it had been for the last few months, prior to that it was much lower I seem to recall. They are the only MM left on offer at 14p - so another decent buy might see the first tick up for a while.

[clocktower] 12/10/2016 08:48

Fair size buy this morning and having no effect on the bid it seems there still maybe an underlying hangover or seller in the market.

[loobrush] 11/10/2016 17:42

Trading statement as Sept last year so its way overdue now.
As has been said it is very quiet-so will it be good or bad when it comes.
Could be any day now out of the blue

[sinkyj] 06/10/2016 11:48

Good luck GR, you can always get back in should things change. I doubt we are going to leap forward next week.

The view of holders to management is usually dictated by the share price growth, so ours is understandably rock bottom at the moment. The attention given to shareholders from management is usually dictated by the money they want to raise.

I've made my views clear both on here and to the management about what needs to change .This next phase really needs delivery or the company is finished. To do that they need to focus on delivering one thing well. Change is needed, as that focus has been lacking. Just go back through the news releases and see how many different turns we've taken to get here. From large scale Commercial (Universities) to ultimate consumer brand(Apple).


I added and am still in. In fact had I not invested large amounts in two other companies I might have added more on recent lows.

I believe the recipe has finally been stumbled upon, the ingredients are nearly there Apple, new products etc etc. I've asked around and Committed Capital are a very good backer. They have people already inside, I don't believe that they will let their current investment go bad for the sake of a little "restructuring". They have a very good track record.

[gozo] 04/10/2016 18:40

All the best for the future GR...I'm going to hold and hope they can grow sales...but can fully understand your frustration.

[clocktower] 04/10/2016 16:30

Best of Luck GR - I agree with your comments about the management but in truth how many are any different, as they all seem to disregard the small investors that have assisted in building companies and paying their wages.

You were I understand one of the larger holders of this stock and I suspect your sales have depressed the share price of late, so unless there are others large holders looking to cash in I suspect there could be a rapid rise on any good news from the company,which I would not be surprised to see very soon, in light of Screwfix selling the products together with a longer list of smaller retailers who now seem to have added the products to their websites.