Lightwaverf Share Discussion Threads

[whoppy] 09/11/2016 12:01

So we are getting Apple, Nest and Alexa compatibility.

[clocktower] 08/11/2016 16:09

Worth taking a look at the new front page of LWRF`s website:




Getting near maybe!!

[clocktower] 08/11/2016 14:47

Has someone got wind of another fund raising, in view of the couple of trades that have dropped the share price a fraction - Bearing in mind the positive news yesterday, normally a rise would be on the cards. Is JMF69 a clairvoyant?

sinkyj, bearing in mind the loan that was provided a short time ago, and the reasons provided, the Homekit Alarm could be on the cards, and maybe the order is pencilled in from ERA for next year that could transform Lightwaverf.

[sinkyj] 08/11/2016 09:46

A professionally designed Homekit Alarm, i.e. in conjunction with an Alarm manufacturer would be a great product. Security is one of the areas of IOT people are willing to invest in product, installation and monthly fees.

The current home automation offerings are all a bit suspect in terms of ultimate reliability. Samsung Smartthings had some well publicised issues of people unable to arm alarms and being 100% reliant on broadband, and a smartphone to arm/disarm that's an issue.

[clocktower] 08/11/2016 07:42

ERA

Tyman/ERA - I expect the new wireless alarm products ERA will be offering will be as part of the LWRF deal that was struck.


"UK and Ireland RMI markets, which softened around the time of the EU referendum, have remained reasonably steady across the summer months and into the autumn. The Division has made good progress with new product introductions into the UK market and has succeeded in regaining some share in the distribution sector.

The majority of ERA's products are sourced from the Far East and the Division continues to see significant increases in the landed cost of imported products into the UK market as a result of the devaluation of Sterling. To date these increases have successfully been recovered through pricing and surcharge actions.

Given macroeconomic uncertainties, ERA remains cautious about the outlook for RMI in the UK and Ireland in 2017 and expects the market to be flat to down next year. However, the Division has additional new products coming to market next year, including the launch of trade and retail wireless alarm offerings, and expects to make further progress in distribution."

[jmf69] 07/11/2016 17:28

Unfortunately I've been here too long

[nar1] 07/11/2016 15:43

negative thinking JMF

[jmf69] 07/11/2016 15:32

Or maybe there is another fund raising coming?

[nar1] 07/11/2016 14:13

Indeed more positive news required

[loobrush] 07/11/2016 13:19

With latesr RNS it seems to me that Lightwave is at least holding it own if not doing ok as order book with latest order is up £200,000 from update in October.
Also with then last loan of cash (£150,00)they said that this should be repaid in 6 months. This would indicate that they are making profits to enable this.
Also they have been adding distributors at a fair rate.
News on integration with Nest and other systems should also be due some time soon.
Its possible that the company has turned a corner and into profitablity,I am watching with interest as there is still great potential here if they can get it right.

[clocktower] 02/11/2016 09:22

Sad but it shows that even the Company NOMAD has no respect for the rules in that case GR. They all are in breach of their fiduciary duties to all stakeholders it seems to me.

[greenrichard] 31/10/2016 22:00

I mentioned this to the Directors and NOMAD at the AGM. They haven't acted since.

[clocktower] 31/10/2016 20:25

So those details are all well out of date sinkyj- maybe one of the larger stakeholders here should e-mail them and ask them to update the info and remind them of the rules that City Financial seem to have ignored, and remind them if they fail to do so with immediate effect they will be reported to the AIM regulators for all that is worth.

[sinkyj] 31/10/2016 17:42

Latest information on the company website.

Substantial Shareholders (as of 4th November 2015)

Mainspring Nominees (8) Limited – 3,881,026 – 20.57%
City Financial – 886,740 – 4.70%
Berti Investments Limited – 652, 174 – 3.46%
Paul & Carolina Sweetland – 601,400 – 3.19%
John Scot Sinclair – 600,847 – 3.18%
John Christopher Armitage – 583,429 – 3.09%
Director Shareholdings
Mike Lord – 1,300,000 – 6.89%
John Shermer – 956,666 – 5.07%
Barry Gamble – 516,190 – 2.74%

[sinkyj] 31/10/2016 17:35

Aim rule 17

17. An AIM company must issue notification without delay of:
 any deals by directors disclosing, insofar as it has such information, the information
specified by Schedule Five;
 any relevant changes to any significant shareholders, disclosing, insofar as it hassuch information, the information specified by Schedule Five;


Schedule Five
Pursuant to rule 17, an AIM company must make notification of the following:
(a) the identity of the director or significant shareholder concerned;
(b) the date on which the disclosure was made to it;
(c) the date on which the deal or relevant change to the holding was effected;
(d) the price, amount and class of the AIM securities concerned;
(e) the nature of the transaction;
(f) the nature and extent of the director’s or significant shareholder’s interest in the
transaction;
(g) where a deal takes place when it is in any close period under rule 21, the date upon
which any previous binding commitment was notified or the date upon which the
Exchange granted permission to deal in order to mitigate severe personal hardship; and
(h) where the notification concerns a related financial product, the detailed nature of the exposure.



FCA Handbook DTR 5.1.2

A person must notify the issuer of the percentage of its voting rights he holds as shareholder or holds or is deemed to hold through his direct or indirect holding of financial instruments falling within DTR 5.3.1R (1) (or a combination of such holdings) if the percentage of those voting rights:

(1) reaches, exceeds or falls below 3%, 4%, 5%, 6%, 7%, 8%, 9%, 10% and each 1% threshold thereafter up to 100% (or in the case of a non-UK issuer on the basis of thresholds at 5%, 10%, 15%, 20%, 25%, 30%, 50% and 75%) as a result of an acquisition or disposal of shares or financial instruments falling within DTR 5.3.1 R; or
(2) reaches, exceeds or falls below an applicable threshold in (1) as a result of events changing the breakdown of voting rights and on the basis of information disclosed by the issuer in accordance with DTR 5.6.1 Rand DTR 5.6.1A R;
and in the case of an issuer which is not incorporated in an EEA State a notification under (2) must be made on the basis of equivalent events and disclosed information.

[Note: articles 9(1), 9(2), 13(1) and 13a(1) of the TD]

[sinkyj] 31/10/2016 17:17

Best guess is this person transferred their holdings to brewin, making the existing just under 3% up to 11%.

Indirect - Brewin Nominees Limited
A/c GROSS 1,695,025 8.2384 %

I would also guess the somebody that owned about 3% previously picked up the 5% that maybe somebody else sold at some point. They should have notified it then as should City Financial I'm pretty damn sure professional investors and listed companies aren't supposed to behave like this and investors should be kept informed......

[clocktower] 31/10/2016 12:08

It does however suggest that either some folks have transferred their holdings to them and possibly added recently, or they have a single client eyeing up the company while picking up cheap stock.

[greenrichard] 31/10/2016 11:31

It's a nominee holding rather than a direct holding. Brewin Dolphin are primarily a stockbroker.

[clocktower] 31/10/2016 11:09

Brewin holdings come to light from nowhere to over 11% - any views?

[elrico] 28/10/2016 10:57

Apologies for off topic, but you should be aware! Anyone tempted to go to the self promoting michaelmouse - serial basher.

Here's what you won't learn from his guru skills.

Interesting spin, especially the topic of the share price. Remind us of your two darling "growth" investments on a 12 month view.

Avanti; THE FRAUD! 250p now 24.5p - by his own admission he bought at 170p and 120p and advised buying at 48,p. If you were brave, being his caveats.

Another of his growth stocks
Trakm8: The cash guzzler and creative accounting magician 360p now 153p. But to be fair, you got a maiden 2p divi. Shame it can't afford it. Isn't that the same trick a number of Chinese frauds use to sucker investors in!

But his favourite part-time is bashing TW related stock. Revenge for short advice on some of michaelmouse shares.

Don't worry someuwin - he surely can't blame two premium uses as being the same person. His usual ploy when more than one person disagrees with him.

[pmears1] 27/10/2016 17:12

I think products are pretty good generally and it's a marketing , channel execution issue more than anything. I'm not quite sure what the main focus is in relation to marketing and getting product out and in the faces of punters. A motivated , correctly commissioned sales and marketing small team should be high up the list with the salary element highly weighted to performance,how easy to find I am not sure

[clocktower] 27/10/2016 09:05

To be fair, they have put a fair bit of their own cash into this.