Litebulb Grp Share Discussion Threads

[clocktower] 15/6/2015 11:53

A good start to the week and the recovery continues.

[clocktower] 12/6/2015 13:16

Well it looks as though it could soon return to the levels it reached in April and hopefully well above.

[pugugly] 08/6/2015 16:56

CT:> Roller coaster may well be the word - and timing will be everything.

[neil78] 05/6/2015 11:56

Share consolidation

Sold 90% long time holder

Will keep a quiet look at It but it's run its course for me

[yump] 05/6/2015 11:27

Whoohoo !

Doh !

;-)

[clocktower] 04/6/2015 18:59

Delighted to have your input PUGUGLY. Well it has not recovered to the .80 but it did rise after the news. However, I also have been in the business for many years and have traded with BLUW. I grant you, what you say may well occur but I think you will see it being done from a much strong base point than it currently is (as you suggest - massaged up) that is where the profit maybe achieved. The business is on the growth path without doubt and a great deal of business maybe "one offs" but a stream of one offs is what is normal in this type of business, as it comes down to design, sourcing, price, delivery plus personal contacts.

The point is that there will be a big reduction in the number of floating shares and once the share price has settled down, there could be roller-coaster movement up or down but long term my view is the business is well placed to offer rewards to those that jump on the dips and jump off on the way up to the peaks, in addition to offering longer term growth prospects to those with nerves of steel.

[pugugly] 04/6/2015 12:37

ct: Having run the ruler over this and having been in an associated business area much of my commercia life I have to disagree - share price rise and potential conversion of loan notes and interest thereon suggests to me possibly a further fund raising post (or even accompanying) consolidation and possibly share price being massaged up.

Have you ever done any investigation into how much business could be called "continuous" and how much "one offs" ? a major determinant of predicting future cash flows.

[clocktower] 29/5/2015 08:39

I think the penny has dropped as to how few floating shares there will be after the reorganisation has been completed, and that's why we may be seeing the share price return towards the .80 or may higher early next week.

[clocktower] 28/5/2015 18:46

A few links that might give you some ideas where the focus is now and the pipeline of ideas for growth in the rag trade as well as general areas of trade.

hxxp://www.bluwapparel.com/

hxxp://www.bluw.com/innovation.html

[clocktower] 28/5/2015 16:32

Doubt that V but almost an 8% rise on the day and there might well be a long way to go yet as the reduction in numbers will exclude a number of very small holders. To me its seems the MM have been shaking them out over the past couple of weeks.
The growth prospects are there now and I expect to see further tack ons once the dust has settled, and the share price is much higher.

[vitamal] 28/5/2015 12:06

Director purchases perhaps

[clocktower] 28/5/2015 11:35

Another solid set of buys today, looks like stake-building to me before the reorganisation.

[clocktower] 20/5/2015 15:56

That trade of 4 million coupled with the one of the same number a few days ago look interesting.

[yump] 20/5/2015 15:03

I think its boring in a good way ;-)

ie. they've looked at a traditional? opportunity to build a business, rather than waving around a new fangled thingamebob and hoping a load of people buy it.

[clocktower] 19/5/2015 15:22

Is this business any more "boring" than hyped techs stocks? It is all about design in the gift/toy market and bearing in mind they are also in the wrapping business much like International Greetings (who stock is performing well)they now have a pretty broad set of products to cross sell. Once consolidated and the next set of results I think you will see the market wake up to the growth potential of this business.

[yump] 19/5/2015 10:35

Its pretty simple surely ? This business is building revenue and there is the potential for significant profits to drop out quite suddenly.

If it were tech. everyone would be saying wow look at the revenue build and ignoring the exceptionals that come from the build.

It will be ironic if this relatively 'boring' business ends up generating reliable profits, when the hyped techs. hardly ever do.

Plenty of opportunities to buy at a p/e below 10 by the look of it, if you assume profits will drop out at year end - that's a while to wait. If they do, then looking to the next year, suddenly there will be a big jump in earnings and the valuation will look daft.

You could argue that profits were expected this last year, except that the company is in the period of moving from loss to profit, so its very sensitive to extra costs and slightly lower revenue than hoped for.

The variation in timing for moving from loss to profit is actually the norm for a growing business.

[clocktower] 19/5/2015 09:40

That was my first reactions Pugugly but I think the results do not reflect the current change that has taken place since 31.12.14 as the acquisitions that took place in the year are not showing the full potential, and in the case of the last one in December 2014, there will be near on a fully year turnover and profits. In addition you now have critical mass as can be seen by the leap in turnover from £2m - £5m in the first few months - the swing in profitability is likely to be large.

While I accept there are many risks and the share price may slip, I am happy picking up stock here and there as the management clearly are focused and have a list of very high profile customers as can be seen from their website, which is very well designed and clean cut. It is well worth spending some time reading all the info on the site.

I am not down playing the risks but once consolidated the stock could move up very quickly imo. Any further additions the company may now make will come from a very strong base, and they will not be overpaying for these businesses, as I expect the terms will favour LBB and offer generous earn out bonuses that will only be paid if the company profits exceed expectations. So I expect a win win situation in the couse of the next 12/24 months.

[pugugly] 19/5/2015 09:20

Results even worse than I expected (or the House Broker)- I have to crunch the numbers again but keeping away from the buy button at the moment- Usually after consolidation the share price tends to drift down so if going to buy will probably wait and see. (All imo dyor etc)

[clocktower] 18/5/2015 16:13

There seems to be a two way trade going on now, and having taken another look at the details I would not be surprised to see a move in the other direction shortly.

The big change will come I expect because the Convertible Loan was fully drawn down.

May see directors buying tomorrow.

Exceptional costs of £627k relate to the various acquisitions whereas finance costs of £445k largely seem to reflect the high cost(interest of 10% per annum) of the £6.3m Convertible Loan which was fully drawn down at 31/12/14.

[vitamal] 18/5/2015 15:50

Need a few serious director purchases to steady the ship.Seems to me gloom a bit over done

[113mike] 18/5/2015 13:01

Yep, finally sold all my holding in this...have gone into BOX, XTR and EDL.Think results were good but share price might drift down somewhat for a while.Will keep a watch on LBB and may still come in the near future GL to all staying in!

[neil78] 18/5/2015 12:54

Share split from them so my 600000 is going to be reduced and as usual it will take for ever to make the split amount look rosy in my portfolio

I know they have progressed that's evident but I feel tiny share holders like MOi will not see much return

Unless you stick them in the draw and forget for a few years as they used to
Mind you Star Wars and Al, the hype with it will bring in some bucks so there a future in the company

But I'd move on if one wants bigger and faster A.I M gains

[clocktower] 18/5/2015 11:58

Good article post 50 and sums it up, thanks for the link.

[clocktower] 18/5/2015 08:42

All in all as expected but before getting excited about these results one must consider the effect of consolidation.It is likely that a lot of small stakeholders will suffer very minor dilution and all those fraction of shares will be sold in the market in June and could drop the price of the new consolidated share until the market takes these up. Another factor is that once consolidated there maybe further cash raised to swallow other companies to give further critical mass.

One must also be wary that the parent company is an offshore one, based in Jersey and does not produce accounts that can be seen.

Still, the growth is there and it is just a matter of time before this really takes off imo but it might be a roller coaster ride.