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JSJS Jsjs Designs

0.825
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Jsjs Designs JSJS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 0.825 01:00:00
Open Price Low Price High Price Close Price Previous Close
0.825 0.825
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Jsjs Designs JSJS Dividends History

No dividends issued between 28 Apr 2014 and 28 Apr 2024

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Top Posts
Posted at 12/3/2014 09:37 by alynch
Neubie try m.lord@jsjsdesigns.com

A lot of good reasoning on here...you guys make a helluva a lot more sense than JSJS explanation!
Posted at 12/3/2014 08:27 by buggy
The strategy becomes clearer once people remember that Mike Lord has a company to run and that company is Drol investment. He is managing JSJS Design as a means of looking after their investments in the JSJS designs. [Mike's involvement with JSJS design is only because Drol are invested here. Once Drol sells up then Mike will move on to possibly manage other companies in which Drol are invested, where they think that the company could benefit by the management expertise provided by Drol]

Drol investments are venture capitalists and they will need to exits their investments at some stage.

What Drol invested in JSJS design is only a small fraction of their whole investment portfolio and Mike's key priority is to protect and safeguard the investment made by Drol into JSS design.

In a lot of ways PI interest and Drol interest are aligned: they both want the share price to go up. Where they differ is in exit strategy, PI wants liquidity to sell into the market. With the size their holding, over 70 million shares, Drol needs a trade sale as they can't very well sell 70million shares into the market.

All in all I will stay invested as I feel I can afford to park my investment here until the end game. Share price must go up for Drol to exit.. whether this year or next or whenever.
Posted at 11/3/2014 15:42 by whoppy
From the circular sent to sharholders:

3. Background to and reasons for the Consolidation

The Company currently has in issue 547,773,768 Ordinary Shares. The Directors are conscious that Shareholders with small numbers of Ordinary Shares may find it uneconomic to trade them and, should the Company be in a position to pay dividends, it can be impracticable to pay dividends to holders of small numbers of Ordinary Shares. In addition, such a large number of Ordinary Shares in issue places an administrative and cost burden on the Company which is disproportionate for a company the size of JSJS. The Consolidation may also help to make the New Ordinary Shares more attractive to investors, enhancing the ability of the Company to raise new equity, and may result in a narrowing of the bid/offer spread at which prices are quoted for trading the New Ordinary Shares on AIM, thereby improving liquidity.

The Directors therefore consider that it is in the best interests of the Company's long term development as a public quoted company and for Shareholders as a whole for there to be a more practicable number of New Ordinary Shares in issue.
The Consolidation is subject to Shareholders' approval of Resolution 5 at the Annual General Meeting, notice of which is set out at the end of this Document.

hxxp://jsjsdesigns.com/publications/March2014Announcement.pdf
Posted at 08/2/2014 16:00 by whoppy
I think these will be 4p soon with more news on the way. Products are very good and controlling your home/business through an app is the future made available now. Someone will eye this company up..it's tiny, but in a huge market with excellent products and plenty of consumers retail and commercial to exploit.

FT article:

JSJS Designs turns up heat with remote controls order

A big order on Thursday boosted JSJS Designs, the tiny Aim-quoted company that makes gadgets allowing homeowners remote control over their lights and electrical appliances, writes Kate Burgess.
The Birmingham-based group's shares rose 16 per cent to 0.9p after it said it had received an $800,000 order from its UK distributor for a product enabling consumers to turn individual radiators on and off via their mobile phones or the web.
The energy saving system, which will be available from April, has been tested by Warwick University. It was a fillip for the company, which faces increasing competition in the market in "smart" systems and home automation technology and reported pre-tax losses of £409,000 in the half year to March 2013 on revenues of £476,000.
JSJS's shares, floated on Aim at 2p in 2008, are still a long way off their 2009 high of close to 4p.
Posted at 03/2/2014 10:10 by roomove
Yesrupbel, I had it on very good authority that jsjs had the heating products potentially tied up with a major energy firm over 6 months ago ready for this winters sales. I posted this here at the time. I have not heard anything since but I would imagine that at best the deal will now be another less favourable to jsjs if it's still on the table at all. A huge opportunity has passed here, these products were due for release 18 months ago, imagine the market share jsjs could now have. I sold out a while ago, I keep tabs because I would buy back in at the right price and I'm surprised the share price has held up so well. A year ago I was very confident these would be a huge success, I'm 50/50 now and with the news about marlin from buggy I'm worrying that contract could be looked at by an unhappy customer. They still have the trump card of having a wide product range but the longer it takes to get all products out there and keep stock levels up the more customers will look elsewhere.
Posted at 31/1/2014 20:02 by buggy
yesrupnel,

I think the stocking issue may be with JSJS designs as the Maplin contract has not been transferred yet to Megaman.
I am not sure what the issue is ... but I am beginning to think that there may be some squabbles and possible disagreement with their partner; manufacturer and supplier.... Just speculation on my part.

My reasons are threefold:
1. Some of the products even from the JSJS online store ( e.g. Electicity Monitor and Energy monitor SKU JSJSLW600), has been listed as out of stock for nigh enough over 3 month. If they can't supply themselves for their online store how will they supply someone else.

2. Maplin which is supposed to be restocked by JSJS Design seems to be having issues restocking:
For example only 50 out of the 212 stores currently have stock of White Single Socket outlet. The rest has sold out and has not restocked. [LightwaveRF 1 Gang 13A Socket White]

3. This story from Megaman that heating products have been removed from their website since they can no longer guarantee that it will be available in March. The reason that was given being that the company have issues at production. Production run for these from an operating plant will take at most a few days. This implies that either the products are still not fully tested satisfactorily so the production run has been delayed or the manufacturer is withholding the production run for other reasons.
I would have thought the greatest lead time will be in the time it will take to ship the products from far east to UK rather than the couple of days that it will take for a production run.
The same manufacturer is supplying NEXA with their WI-FI Link , ( same as the LightwaveRF Wi-Fi Link), and I am not aware of NEXA having production issues.
[ If it transpires that the products will not be available in March then the decision to ask people to pre-order for March deliveries will be a massive own goal. This approach may have be a hasty action in response the HIVE adverts swamping the TV.]

These are just conjecture and speculation on my part. I am just trying to read the tea leaves and divine a reason as to why the supply lines seems to have dried out. [99% chance that I am way off the reservation.]

The above observations, leads me to one possible conclusion: I think we may well have a problem with our supply lines, ( supplier/manufacturer and partner).[ Disagreement about the %age of cut the manufacturers and partner will be getting???.. who knows].

On a happy note:
In google store the total download of the LightwaveRF app has now reached the 5,000 -10,0000 milestone over the last few days.


Great products and if the management gets their finger out, we would all be more than richly rewarded. It is sometimes just frustrating how is seems as if they are hell bent on dragging this company down, even though I am sure that they are doing their best.

Whatever the issue is they need to get it resolved quickly.
Posted at 02/11/2013 19:36 by yesrupnel
Looks like the competition is hotting up and lots of companies are getting in on the act. I think the products will be all very similar in a short space of time so it will probably mainly down to distribution - can you just buy it (esp. as its a new type of product), do other people say its good and price.

All of these are critical and if I saw a product labeled Honeywell or Siemens then I would trust that more than JSJS.

However if JSJS was available in mass consumer DIY stores, more trade type places like screwfix/wickes/selco and also Amazon (so I can read the feedback) then it has a chance.

But I think the market is going to get crowded very quickly over the next 12 months.

JSJS have delayed their boiler thermostat (which I think is a key component) until January (delays are a recurring theme for JSJS) but they do have Megaman now as their distributor and that could inspire confidence for large retail outlets. They also have Maplin distributing their lighting products but whilst that is main high street I think it will be more of a 'bloke knowing what he needs' type of purchase.

The MAX! is good (similar to JSJS) but does not have a boiler control and limited distribution (I like Conrad but its not mass market) and perhaps some restrictions in real life - see


Honeywell have a good product and NEST is a very futuristic looking device (I think designed by someone who worked with Apple and has a 'self learn' lifestyle optimisation angle which could be good.

I still think JSJS could go bust quickly ( although cash flow is improved immeasurably by Megaman now paying for stock and distribution, or it could get a decent slice of the market. Its finely balance and more likely to go bust then to be a major 10x share price bagger but I'm up 50% so far and its definitely in my 'high risk' section of my shares that I can 'afford' to loose!
Posted at 07/10/2013 09:05 by mortimer7
JSJS Designs PLC Appointment of Master UK Distributor
Print
Alert
TIDMJSJS

RNS Number : 8600P

JSJS Designs PLC

07 October 2013

JSJS DESIGNS PLC

(AIM: JSJS)

Appointment of Master UK Distributor

JSJS Designs ("JSJS" or "the Company"), the provider of innovative home automation technologies, announces the signing of a contract with Megaman UK, a subsidiary of Neolight Hong Kong, to be its sole distributor for the UK. The agreement between the companies also allows for further similar agreements in other core markets for the group, which should accelerate the possibility for core sales growth during 2014.

The detail of the contract will reduce the UK working capital to zero over the course of the next year, as all orders placed by Megaman UK will be paid for in cash in advance of shipment either from the UK or JSJS's Chinese partner factory.

The Company is in receipt of orders to the value of USD 238,000 for shipments direct from the Chinese factory for deliveries as soon as practicable and expects to receive orders in excess of GBP 100,000 for delivery from the UK during October, with a view to Megaman taking over distribution to all UK customers from 01 November 2013. One exception will be the existing store roll out to Maplin, which will be transferred at a later date.

Commenting, Mike Lord, Chairman and CEO said:

"We have seen much improvement in sales traction over recent weeks and one of our biggest concerns was to fund the working capital growth to sustain this into 2014. This deal with Megaman UK allows us to fund this growth, but more importantly to accelerate it further due to Megaman's reputation and significant distribution power into the UK wholesale and retail sectors. This continues the Company's strategic emphasis of finding distribution partners to allow us to concentrate on our core competence of electronic devices, software and app development.".

The deal is expected to generate cash of up to GBP 650,000 over the next six months as UK stock is transferred to Megaman.

About Neonlite

Neonlite Electronic & Lighting (HK) Limited, the brand owner of MEGAMAN(R), is a global leader in the design, innovation and distribution of eco-friendly, energy efficient LED and CFL lighting products. The company has its own state-of-the-art manufacturing plants, an extensive network of concept stores, and wide distribution of its MEGAMAN(R) products in over 90 countries throughout the world.
Posted at 17/4/2013 10:54 by greenrichard
TIDMJSJS

RNS Number : 5647C

JSJS Designs PLC

17 April 2013

17 April 2013

JSJS DESIGNS PLC

(AIM: JSJS)

Result of General Meeting

JSJS Designs Plc ("JSJS" or "the Company"), specialists in the design, development and manufacture of home automation systems using its LightwaveRF(TM) technology to enable consumers to remotely operate everyday household appliances, announces that, at its General Meeting held today, the resolution required to implement the Placing was duly approved.

Details of the Placing, which comprised of 178,333,333 new ordinary shares and raised gross proceeds of GBP535,000, were set out in a circular shareholders dated 28 March 2013, copies of which are available on the Company's website www.jsjsdesigns.com.

Dealing and share capital

Application has been made for the 178,333,333 new ordinary shares which are the subject of the Placing to be admitted to trading on AIM. Dealings are expected to commence on 18 April 2013.

In accordance with the provisions of the Disclosure and Transparency Rules of the Financial Conduct Authority, JSJS confirms that, following this issue, its issued share capital will comprise 547,773,768 Ordinary Shares of 0.1p each. All of the Ordinary Shares have equal voting rights and none of the Ordinary Shares are held in Treasury. The total number of voting rights in JSJS is therefore 547,773,768.

This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the share capital of Mar City under the Disclosure and Transparency Rules.
Posted at 04/4/2013 11:50 by warwick69
worth reading this is far better news than the markets have reacted?

Debt Agreement
JSJS Designs plc ("JSJS"or "the Company") announces that it agreed a new set of agreements with its key supplier ARC Technology to formalise current arrangements and provide ongoing financial support for the supply of goods. Under the agreements ARC has committed to a long term debt agreement in lieu of monies owed by JSJS. This amounts to circa $1.75M of which $750,000 represents the value of stock held in the UK for sale. The debt is repayable in firm amounts of $20,000 per month starting in October 2013 and by a 10% cash premium on all future purchases of stock from Arc including current UK stock. There is no interest chargeable on this debt.
Under the agreement ARC and JSJS designs will also share the IP of joint developments of products that have been designed together including the LightwaveRF wifi link. JSJS will be due royalties on products sold by ARC to their existing customers which will operate under ARC's own radio protocol eliminating any market conflict. These royalties will again be offset against monies owed.
There are no restrictions on the geographic reach of JSJS designs distribution for the products and the company still intends to build a global brand and distribution network over time.
The companies have been engaged on joint development of most of the JSJS revolutionary LightwaveRF product range since 2009 with ARC supplying hardware expertise and JSJS supplying software, firmware and radio protocol expertise. This agreement formalises this relationship.
Commenting Mike Lord JSJS Chairman and CEO commented "ARC have been a fantastic partner in both product development and commercially over the last 4 years. Together we have created a great range of products and ARC have provided working capital to ensure we establish enough stock to keep our building customer base supplied. This agreement together with the recently announced fundraising leave the company well positioned to take advantage of our new distribution channels also recently announced with a strong long term supply partner"

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