Light Science Technologies Share Discussion Threads

[mikeh30] 01/2/2022 13:13

Heading to sub 14 to fill that gap.

[alfredotupper] 27/1/2022 10:52

Morning David.

[yump] 13/12/2021 18:16

outsizeclothes

Nice to see someone that bothers to look at the business history.

When it floated, I read those figures as showing a humdrum electronics business with pretty poor profitability, that's identified a possible niche, spent a load on R&D and then realised its a good time to float, particularly as the money was running out.

There are quite a few electronics businesses in the same area and its not apparent what the actual IP is here. Just giving it a good name won't do it for me.

[nxc] 01/12/2021 22:50

It is good to see the share purchase by Andrew Hempsall - a real vote of confidence

[bingaxu] 24/11/2021 19:16

The idea is good about the company but at the end of the day if the company doesn't make money, the share price will reflect the drop.

[outsizeclothes.com] 23/11/2021 17:12

Growth looks pedestrian at best. And they look to have gone from 3 years of profit to losses. What am I missing ? What's changed to justify the market cap ? Or has Gordon Hall just managed to get out with a very fat wad in an over-hyped company?
I am looking for growth companies with really good ESG, but I want them growing profits too.

From the IPO - page 51

COMBINED STATEMENT OF COMPREHENSIVE INCOME
6mts31/5/21 6mts31/5/20 yr30/11/20 yr30/11/19 yr30/11/18
£ £ £ £ £
Revenue 3,416,631 3,284,525 6,937,426 5,560,272 5,647,876
Cost of sales (2,610,220) (2,569,831) (5,387,739) (4,255,840) (4,368,327) –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211;
Gross profit 806,411 714,694 1,549,687 1,304,432 1,279,549
Admin expenses (1,294,359) (565,549) (1,532,419) (1,071,818) (973,570)
Except admin (366,907) – (30,255) – –
Other income 26,898 38,702 186,616 – 81,101
Op.(loss)/profit (827,957) 187,848 173,629 232,614 387,080
Finance cost (95,483) (54,733) (109,634) (139,205) (155,440) –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211;
(Loss)/profit on ordinary activities before taxation
(923,440) 133,114 63,995 93,409 231,640
Income tax credit 44,001 25,728 49,989 16,300 130,761 –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211; –––;––̵1;––R11;––211;
(Loss)/profit for the year and total comprehensive (loss)/income for the year
(879,439) 158,842 113,984 109,709 362,401

[outsizeclothes.com] 12/11/2021 11:21

Looks interesting, and very "now" with ESG credentials.
But am I missing something ?
Where's the "moat" ?
On an uneducated look through, it appears to be a very good engineering company, but with little that couldn't be replicated by a big (foreign???) rival, maybe working in a cheaper labour cost country ?

[bingaxu] 10/11/2021 11:44

https://lightsciencetech.com/cop26-a-crucial-catalyst/

[nxc] 07/11/2021 13:25

Yump - you make a fair observation in terms of the optics. As a major investor/shareholder in LST I am subject to lock-in and also have warrants. The latter were granted as I funded the Company over the summer with no certainty of outcome and it was a condition I imposed on LST and during the period I agreed to an increase in the strike price - my involvement in LST is based on fundamentals and had no involvement with the Company and its founder prior to my initial subscription for shares nor have I been the recipient of any economic reward from the Company in respect of the advice and support over the past 20 months. So the concept that it was some form of undue privilege that the warrants were granted seems wide of the mark.
I am subject to a lock-in agreement - in principle I was annoyed about being asked to sign this for two reasons; firstly I was being put at a disadvantage from those that subscribed in October when my funding was provided in June/July/August - and secondly I have no intention in any event of selling any shares over the next three years due to my shares being EIS qualifying and a belief on my part that there remains substantial upside over the next three to five years (and thus the gain rolls up free from CGT)not just from the AgriTech but also in the field of non-invasive diagnostic testing using the light spectrum. The latter is not without challenge but there a vista of opportunities from haemoglobin testing to diabetes to testing neo-nates. My background is in diagnostics and the ability to advance non-invasive testing is a hugely exciting prospect. I am a long term holder and will not be breaking any lock-in agreement whatever the circumstances.

[bingaxu] 04/11/2021 23:18

Their financial report on page 52:https://lightsciencetechnologiesholdings.com/wp-content/uploads/2021/10/Light-Science-Technologies-Holdings-plc-Admission-Document-Oct21.pdf

[bingaxu] 04/11/2021 23:17

They are making a loss currently according to the report?!

[pugugly] 04/11/2021 08:51

yump - Love it!! Idea for your son. Why not a company based in the South Seas to cultivate seaweed and produce sustainable food for cattle and humans, generate carbon credits and reduce global warming.

Very ESG so should raise zillions!!!

[yump] 03/11/2021 16:06

"In order to effect the sale of Mr Hall's Ordinary Shares, Mr Hall was released in the normal course from a lock-in agreement that he was requested to enter into at the time of the Company's recent flotation on AIM."

When is a lock-in not a lock-in ?

Perhaps when the share price has reached some sort of trigger limit, although that's not mentioned in the "normal course" - whatever that is.

It really is one rule for them and one for us.

Anyway, I've discussed the stock market with my son over the weekend and he's decided that he is going to float something, sometime, that's very current. He's good at story writing, so I said that's 90% of the job, but he'll need to figure out warrants and options and how to give himself some very cheap shares first, also offering the same to a few influential individuals, who would help to get the buzz going.

He was worried that he hasn't got a business or an idea at the moment, but I told him that was irrelevant.

[bingaxu] 03/11/2021 10:04

Light Science Technologies' present growth plans following Autumn listing on AIMhttps://youtu.be/yR-kx2o1ymgThere will be a correction of the share price considering it went up over 70% past week. Share price always goes opposite to most of retail investors expected.

[pugugly] 03/11/2021 09:58

What a pump and dump stock - Can one expect massive downward pressure from stop losses when the followers of the Daily Mail feel that they may have made a bad choice - If so the down trend could be self feeding -
If so whar could be considered fair value.
Sub 15P ?

[chavitravi2] 03/11/2021 09:57

I was considering buying this am, I'm pleased I didnt.
I think this will need a little time to settle now and find its level.

[paddyfool] 03/11/2021 09:30

it was an orderly sale. I doubt it was sold without commitments to hold.

[rivaldo] 03/11/2021 07:34

Well, well - Gordon Hall has sold his entire holding of 8m shares.

The price he sold at is not mentioned in today's RNS. No wonder - the trades reported yesterday make it clear that he sold at 15p :o))

I suspect those 8m shares now with Turner Pope's clients will soon be on their way into the markets to turn for a very nice profit:

[timmy11] 02/11/2021 17:20

Amora thats nothing to do with light science