Light Science Technologies Share Discussion Threads

[mikejoseph] 07/3/2024 08:40

Another strong announcement this morning

[solardave] 07/3/2024 07:43

Great RNS

Highlights:

Restructured Board strengthens industry and City experience

Company positioned to capitalise on the growing importance of food security and global cultivation challenges

Opportunities across all divisions with focus on further growing margins and cash flow

[lawson27] 16/2/2024 12:08

Nice to see the nest being kicked, about time too, GLA

[lawson27] 09/2/2024 10:34

Taken some more, feels like a steal @2.45 after yesterdays news, GLA

[mikejoseph] 08/2/2024 07:52

Strong announcement this morning

"Valued at £130,000 and anticipated for delivery to the customer in April, this venture holds significant potential for follow on revenue in this new segment."

"UKC has secured orders since the start of the current financial year totalling c.£1.4 million in the pest control sector."

"Currently, the forward order book for the CEM division stands at c.£4.1m"

Not bad!

[analystium] 08/2/2024 07:11

Great RNS this morning:

New Order in a New Market

Light Science Technologies Holdings plc (AIM: LST), comprising three divisions: controlled environment agriculture ("CEA"); contract electronics manufacturing ("CEM") and passive fire protection ("PFP"), is pleased to announce that its CEM division, UK Circuits and Electronics Solutions Limited ("UKC"), has received an order from a new client in the sports entertainment market segment. Valued at £130,000 and anticipated for delivery to the customer in April, this venture holds significant potential for follow on revenue in this new segment.



In addition, UKC has secured orders since the start of the current financial year totalling c.£1.4 million in the pest control sector, predominantly due for delivery in Q2 of the current financial year, underpinning management's confidence in current trading within the CEM division.



Highlights



· Positive start to current year

· Broadened customer base

· Positioned to further grow margins and target larger contracts



Following strategic investments totalling c.£150,000 throughout the course of FY23 and continuing in Q1 FY24, UKC has successfully commissioned conveyors, stackers, and a state-of-the-art wave soldering machine. These additions enhance automation and efficiency across its manufacturing lines and are expected to further bolster gross margin and product quality.



UKC continues to supply products to a growing number of customers across a range of market sectors and to target larger contracts which give better financial visibility. Currently, the forward order book for the CEM division stands at c.£4.1m, putting it on track, when combined with orders already invoiced, to meet internal sales expectations for the first half of the current year.



Simon Deacon, Chief Executive Officer of LSTH, commented: "This is a great start to the current financial year for our CEM division as it continues to successfully convert its strong forward order book, which currently stands at over £4m. Last year was this division's best year on record, successfully growing sales and increasing margins while operations were positioned to handle larger volume projects on the back of investment in equipment and staff training.



"We are extremely excited by the move into the sports entertainment market and look forward to further broadening our portfolio of customers. Furthermore, given the significant growth potential of our CEA and PFP divisions, we look forward to providing further updates in the coming months."

[lawson27] 01/2/2024 10:05

Nibbled a few more on the dip, GLA

[lawson27] 16/1/2024 13:08

Nice quiet thread, steady rise back to circa 5s for starters please, GLA

[mikejoseph] 13/1/2024 15:07

Last week was a very interesting week for LST
A great trading up and it looks like the seller has cleared
Also strong trading volumes

Mike

[solardave] 12/1/2024 07:47

"Pennyfalls1 Sep '23 - 11:50 - 159 of 182
‘Dump’ is most likely Crux (Lansdowne) reducing their stake further.
All should be good once they’re out."

Pennyfalls; perhaps that is exactly what just happened?

[solardave] 12/1/2024 07:44

Analyst ium

Totally agree; it looked very undervalued to me at the 3.5p level; I think that someone just needed to use the trading volume to offload a few; looks like a classic weak holder shake out.

A weak bladder is always a disadvantage in the stock market

DYOR

Dave

[analystium] 12/1/2024 07:29

The Trading Update on 10th Jan was excellent news; I think the market has taken a bit of time to process the significance of what has been achieved.

"During the Period, the Group saw revenue increase by approximately 13% to c.GBP9.25m (2022: GBP8.17m), driven by growth across each of the trading divisions, as LSTH made solid organic and acquisitive progress.

Overhead cost reductions during the Period resulted in c.20% cost savings, while gross margins grew by approximately 27% to c.22.5% (2022: 17.7%). As a result, the Group expects to report an unaudited loss before tax of c.GBP1.3m (2022 loss: GBP2.72m) - down approximately 50% year-on-year.

During the Period, LSTH focused on selected strategic expansion in order to progress towards becoming an operationally self-funded group that is positioned to take advantage of the clear opportunities across all of its target sectors."

[lawson27] 10/1/2024 16:03

Encouraging trading update,
Everything seems to be stacking up nicely for this company ;-) GLA

[mikejoseph] 07/11/2023 18:17

Great indoor farming and agriculture technology video:

[pennyfalls] 31/10/2023 19:06

Hitting the lower side of the upward channel Nov 1, and should bounce up from hitting 50 day MA..following Golden Cross.
We shall see!

[pennyfalls] 12/10/2023 20:10

Reason for it…Take a look at the chart…
50/200MA crossover tomorrow (Fri)..
Golden Cross. Increased volume into a strong technical indicator for rise

[tomboyb] 12/10/2023 16:27

Breaking upwards -

[analystium] 21/9/2023 08:18

Such a great consortium; world class partners; Adding Nitrous Oxide sensing is also an important step.

Great progress.

[tomboyb] 13/9/2023 09:02

Looks like shares are very much in demand -

Good Morning -

[tomboyb] 12/9/2023 09:19

good start -

[solardave] 07/9/2023 08:38

Tomboy; already trading a 3p now; again its very difficult to get a live price in any volume...

[tomboyb] 07/9/2023 08:30

Solar -

I followed Cooley here -

I think we will be 3p+ today -

[solardave] 07/9/2023 07:55

Analystium; great post, I agree that some of the details of the deal seem to have been missed; its great to see the RNSR this morning regarding the Investor Meet presentation.

[solardave] 07/9/2023 07:52

Tomboy; such a great announcement yesterday which now shows LST to be seriously undervalued at these levels; my target is the IPO price of 10p

[analystium] 06/9/2023 21:58

Today’s announcement is a very significant development in my view, which is not only earnings enhancing but also cash enhancing. It looks to me like a few details have been missed by the market which are worth restating here.

The deal is cash enhancing:

The initial cash outlay is GBP75,000, with Tomtech's balance sheet included cash c.GBP284,000.

The deal is immediately earnings enhancing in the current reporting period:

Tomtech reported profits before tax of c.GBP79,000 on sales of c.GBP680,000 of which GBP49,000 was recurring revenue.

Loyal CEA customer base across the UK and Ireland built up over 35 years

I also noted during trading today that the MM’s ran short of stock. Indeed, there were periods of strong buying followed by a bid lockdown on most online channels often lasting over 30mins. The market just kept running out of stock. One of those rare occasions when supply of stock was extreme enough to suppress progress. It will be interesting to see what happens tomorrow.

DYOR