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[buggy] 07/12/2010 07:54

Results is out and I will not say I am impressed ...but the company still lives on even though the auditors feels the need to qualify the accounts.

A contract where they will be paid by the savings that they made from their energy savings bulbs. They hope to recover their initial cost after 30 months (2.5 years just to get the capital expenditure back).....this is assuming that the savings by these bulbs stack up to what they forcast. ... then the remaining 3.5 years they hope to cover the offset due to NPV on their initial investment and then make some profit.

I suppose it is better than nothing but this company do not really have a great deal of working capital to be in a position to sink in capex with the hope that they may get it back after 2.5 years.

[dhamilton] 06/12/2010 07:34

Funny feeling, news either today or tomorrow!

[itchycrack] 01/12/2010 09:39

Are you sure there will be? No.
They could be about to announce a £100million pound deal, or they could be about to go bust, or....
Just idle, useless, and pointless speculation.

[freefall3] 01/12/2010 09:34

Are you sure ?

[itchycrack] 01/12/2010 09:28

No, it doesn't.

[freefall3] 01/12/2010 09:19

Does new broker mean a cash call is coming ? If so at what price and how much dilution ?

[pelleeds1980] 01/12/2010 08:54

Hmm, poor show mate. Back to the bottom drawer with the other tripe for now then

[dhamilton] 01/12/2010 08:20

Not what we were waiting for!!

[swrxf06] 01/12/2010 06:51

See website.

LED Change of nomad and broker 01.12.2010.pdf
Change of nomad and broker 01.12.2010

[pelleeds1980] 30/11/2010 15:22

Yeah always hard to take a loss rather than burying your head in the sand - bloody saga there. All the best matey and lets see what happens here

[pelleeds1980] 30/11/2010 14:40

Looks like you made a great call getting out of HAWK when you did by the way!

[dhamilton] 30/11/2010 13:55

Do you know Pete, I've been waiting all day for someone to say something! lol
Let's see!

[pelleeds1980] 30/11/2010 13:17

Tomorrow is December dh...no RNS as yet.

[dhamilton] 26/11/2010 10:59

will be buying another 25000 if she drops again! update next week ??

[freefall3] 26/11/2010 10:16

How long can this keep falling ?

[zangdook] 26/11/2010 10:10

It's easy to move the price up, just buy a few 100k. Not me, though, I have all I need.

[pelleeds1980] 26/11/2010 09:49

Looking weak here dh.....fingers crossed for a decent RNS next week

[itchycrack] 26/11/2010 09:48

Well lets hope for some good news to break this downtrend and get the company back on an upward path, its been long enough. Keen to see how their JV is progressing etc.

[dhamilton] 26/11/2010 09:43

250,000 is a buy!

[dhamilton] 22/11/2010 20:24

week to go, let's see if they are true to their word??

[dhamilton] 18/11/2010 15:16

I was told by Chan that results and updates on contracts would be in November 2010. just over a week back! Still have over 3.5m so I bloody hope so.

[freefall3] 18/11/2010 14:18

How much lower than 1p can this fall ? Surely this company haven't got long left now till ............ ???

[zangdook] 18/11/2010 14:15

whew! below a penny for a moment there. I hope these boys can come up with some meaningful news before we go much lower. Not holding my breath, though. When was there last actual meaningful positive news, like we won a contract or we got paid for some work or everyone's going to get laid?