Windar Photonics Share Discussion Threads

[lord orphan] 12/4/2024 17:31

Yes great news. Oversubscribed raise of £4.4m compared to original target of £2m. House broker estimates 12m revenue this year with Ebitda of 3.5m. His fair value price is 61p.

[pj84] 12/4/2024 16:30

2 Non exec directors applying for £650k of shares in the placing is a big sign of confidence.

The market makers have moved the price up 2p despite only 1 share showing as being sold since the announcement!

[hatfullofsky] 08/4/2024 12:12

Nice update today,

The current year ending 31 December 2024 has started strongly, with sales and orders representing estimated revenue of c.€5.9m (including the significant new order), already exceeding full year 2023 revenue, and giving the Board confidence that the full year will see YOY revenue growth of a similar order to the c.150% YOY growth from 2022 to 2023.

Estimates are at €12m that would be some compound growth rate

[fastbuck] 14/2/2024 11:21

Good appointment I guess, professional director, part time with other appointments, joins the Chairman who also came from Carrs Plc I believe.

[pj84] 09/2/2024 21:29

Yes now confirmed by later RNS.

They have either decided that the recent share price recovery is an opportunity to sell or there may be other unconnected reasons to exit. I suspect the other large purchases today are other key holders who have seen this as an opportunity to top up. I had been reluctant to top up following the steep rise after the shares were suspended but colinbwood might have timed his top up quite well, it will be interesting to see how this reacts next week.

[lord orphan] 09/2/2024 16:46

The only non-management shareholder with 3.8m shares is M+ Invest, a Danish family office.https://investor.windarphotonics.com/shareholder-informationMy guess is their shares have been placed, thereby removing an overhang. Given the increased commitment from NED Paul Hodges I think the share price will soon recover. The broker's target price is 59p, so they could double pretty quickly.

[pj84] 09/2/2024 16:20

As well as the 1,000,000 at 30.5 there are quite a few other large trades also for 30.5 which could also be buys and the 3,846,473 at 30 could have been the seller.

Paul Hodges now owns 3.25m shares which is 4.7% so the 3.8m shares is over 5.5% so another holdings RNS should follow and will help to clarify what has happened.

[colinbwood] 09/2/2024 15:48

I topped up @34p. Hope I don't regret it.

[fastbuck] 09/2/2024 15:27

Maybe a fund, other / ex-employee who needs to liquidate their position likely agreed to sell to the Director, off-market.We could never buy at 30.5p

[colinbwood] 09/2/2024 14:55

Paul Hodges, a Non-Executive Director of the Company, purchased 1,000,000 ordinary shares.

There was a 1,000,000 trade this morning at way below market price @30.5 which I assumed was a sell, but looks like it actually was a buy according to the RNS just released. Unless he bought later in smaller chunks. If it was at 30.5 then how did he manage to buy so low?

[colinbwood] 09/2/2024 12:54

Some big sells today and a worrying drop in share price. Anyone know why?

[fastbuck] 06/2/2024 08:13

New order 1.3m EUR order from China that had been signposted in December, admittedly at a slightly higher number of 1.5m EUR.Keeps company well on track for 2024 targets.Agency agreement signed in US to underpin and accelerate US growth

[fastbuck] 05/2/2024 13:00

Crazy weakness, now in a closed period so no director trading expected. Off 1/4 since last director buy.

[lord orphan] 08/12/2023 08:22

WHI note out todayStrong order book conversions lift FY24E; significantly increased visibilityThis morning's update from WPHO reflects a year in which the company grew sales by 163% YoY and engineered a €1.6m EBITDA turnaround into profitability. Supply chain issues have caused a shift of a portion of our anticipated revenues into FY24E; however we now have significantly increased visibility for the coming year, with c.34% of our raised FY24E sales forecast covered by forward orders disclosed today, expected to grow to 47% in the near future. WPHO is a leading innovator in the wind turbine optimisation market whose products are able measurably to enhance wind generating efficiency. The coming year is also expected to benefit from further bid pipeline conversions in respect of North America, Australia and Japan, where prospects for WPHO's products are bright. WPHO's consultancy activities, announced in September, are a genuine differentiator, and are well aligned to the market's requirement for highly accurate information, which WPHO's systems are able to provide. Given strong momentum, while the mix of our forecasts between FY23E and FY24E changes to a degree, FY24E is also upgraded on an absolute basis, all in all prompting our fair value assessment to increase in turn, to 58p (was: 47p).

[jpuff] 10/11/2023 20:39

Seems to be edging up slowly in what seems to be a dire overall market backdrop currently. Cause for some optimism here hopefully!

[fastbuck] 07/11/2023 23:17

Paul Hodges must be picking up all available shares as they come to the market. Another 75,000 acquired on 2 November at 48.5p having purchased repeatedly for a year from the teens.I have taken a few over the last couple of weeks taking some confidence from the director buying and positive news even if it is not the plentiful.

[jpuff] 06/10/2023 08:59

Very bullish news imho

[lord orphan] 06/10/2023 08:18

Interesting, and he's taking remuneration in shares.

[agnes] 06/10/2023 07:08

Senior independent director of a £6 billion cap FTSE 100 company has now become Chairman. Let's hope he can "do a Melrose" here.

[levkowitz] 27/9/2023 08:11

1.3 million share trade in the middle of the spread. I don't think I ever managed to get more than 500 at mid. Some interesting activity for sure.

[lord orphan] 17/8/2023 11:33

Clearly there are ongoing buyers. Paying 41p today.

[levkowitz] 14/8/2023 08:09

Interesting how the price didn't react with large amounts sold last Wednesday.

[pj84] 31/7/2023 23:33

This is what is available on the website but you need to be registered to access the full 35 page note.

Windar Photonics plc - Wind in its sails – wind optimisation leader sees strong order book

WINDAR PHOTONICS PLC

Last week's FY results announcement from WPHO highlights a positive outlook for FY23E based on an order book which strengthened significantly during H2-22A, and which has continued its momentum since then, now offering as much as 78% CY revenue cover. The company is a pioneer in the field of wind turbine optimisation and a home of innovative IP. Our visit to its HQ in Taastrup, Copenhagen, highlighted the quality of its LiDAR product, which has been verified by major OEM's and also by Independ

Date:19 Jun 23Analyst:Charlie Cullen | Nick Spoliar Pages:35 pages

[lord orphan] 19/6/2023 12:39

WH Ireland research note out today