Light Science Technologies Share Discussion Threads

[yump] 14/1/2023 10:39

Nobody is interested. So a few that are, can jump the price. Lots of lottery bottom fishing going on at the moment - dangerous game if you really don’t know the business and the market.

Seem to be quite a few in this market, but few barriers to entry. (demonstrated by LST who developed and marketed their product in a couple of years.)

Not apparent what IP they’ve got. Possibly in data gathered, rather than the electronics, but you need vast installations to get decent data.

[pugugly] 13/1/2023 17:07

Has this been tipped somewhere? Or is there a ramping ring waiting to unload?

[pugugly] 12/1/2023 16:49

Maximum jump on minimum volume - MM's playing games ?

[euclid5] 05/12/2022 21:05

Is TRAF trying to break into this sector from their latest RNS

Trafalgar (AIM:TRAF), the AIM quoted residential and assisted living property developer, announces that a conditional agreement has been entered into with May Barn Horticultural Consultancy Limited ("May Barn") for the acquisition of assets and leasehold premises comprising a hydroponic research and development facility, for a cash consideration of £30,000 (the "Acquisition"). No profits (or losses) are attributable to these assets.

Paul Treadaway, Managing Director of Trafalgar, commented:

"The acquisition of this dedicated research and development site is a step in the Company's plans to facilitate its vertical hydroponics strategy, with opportunities for research relevant to food, cosmetic and pharmaceutical products.

The Facility has been established by May Barn and is suitable for growing a range of micro-greens, allowing detailed work on plant propagation requirements and initial studies on tissue culture of plant material to be carried out.

Plant types and varieties can be tested in the Facility to determine suitability for commercial production using a range of hydroponic systems. The Facility is considered to be well suited to the testing of research-generated ideas in readiness for commercial scaling-up, using the flexibility provided by the space in the Facility and the size of the bench trays.

[yump] 02/12/2022 07:54

I also don’t like the “signed contracts worth £xx, subject to blah blah”

Now they’ve said it again with an asterisk referring back to Oct 21. They should be splitting it into certain and possible.

Having to read back is unacceptable when reporting crucial revenue figures.

[yump] 01/12/2022 21:21

Nice to have your views Dibbs. I couldn’t find their USP either, but I did find sizeable and established businesses in the field.

Combination of those gives little reason to buy imo.

Left thinking what I originally mused over: a humdrum business looking for a bit of excitement in a new market. I imagine they’ll get some sales but that doesn’t make it exciting.

[dibbs] 25/11/2022 22:17

I'd say you made a good choice yump to stay on the sidelines.

I own a horticultural nursery where I have been approached by these guys a number of times regarding a sensorGROW trial. I looked into what the product actually offers and after visiting their website and you tube film I was none the wiser! Lots of fluff about maximising this and optimising that but with no substance!

Much of what we use in the industry originates in Holland. There are a multitude of technically very advanced solutions out there from companies with many years experience and massive resources.

Simplistically they are, to the layman in a growth area where they proclaim to offer something exciting. There are many LED growing lights now on he market from people like Philips and GE. The chance of LST making significant ground against these global players is very unlikely.

There is talk of vertical farms being mothballed as they have become nonviable due to their high electricity usage.

I could be proved wrong and this is just my humble opinion but I think they will prove to be another AIM company with vaguely promising products that aren't nearly as unique as they proclaim. They will burn cash, make promises, fail to deliver much and then burn more cash.

The chart would appear to be telling us something too!

Cheers

Dibbs

[yump] 18/11/2022 11:44

Held off buying as found out there are a lot of businesses into vertical farming and still can't figure out if LST have something unique or are just a 'me-too' business.

Just as well by the look of it.

[livewireplus] 05/10/2022 16:44

Not directly related to Light Science ... but interesting:BBC News: Dry weather sees Evesham vertical farm's produce demand soarhttps://www.bbc.co.uk/news/uk-england-hereford-worcester-63135964

[yump] 16/9/2022 16:37

Quite interesting long term at this level I think. Finger in the air to guess the next placing price, which imo is inevitable. 1.8mln left at half year, which was 31 May.

There are plenty of vertical farms in the US and an issue with energy usage. Quite tricky to find other businesses supplying energy-saving kit - not surprising the 4th. gateway has been brought forward.

Haven't been able to figure out if LST are late into the market or not yet.

[orange1] 18/8/2022 08:37

A trading update today:

and an article about the pros and cons of vertical farming:

[yump] 16/8/2022 16:58

Price looks like its got wind of a fund-raise.

Problem is there's no signs of significant contracts in the CEA division.
That leaves an unattractive humdrum base business that has supply chain issues.

Somewhere in the admission doc there's an explanation of the milestones that need to be achieved to get the full value from that large potential order value quoted at float, which had a "*" next to it. Can't find the specifics though and they clearly don't want to put them out there and make it easy to find.

[livewireplus] 12/8/2022 14:41

BBC News: Vertical farming in Bristol and Gloucester could end some food importshttps://www.bbc.co.uk/news/uk-england-bristol-62491123

[yump] 05/8/2022 15:29

Don't like this one bit:

"In consideration of these risks and uncertainties, the Company is implementing a variety of actions to manage cash flows and discretionary spending, including the accelerated roll out of enhancements to the stock management system and procurement processes, targeted at reducing stock levels, and working closely with our clients to pass on increased inventory costs. Additionally, 20% of Directors' fees have been deferred on a contingent basis from 1 August 2022 until such point as the Board considers it appropriate to reinstate to previous levels."

[yump] 05/8/2022 11:39

Looks like they've got through about 2mln in last 6 months, £700k ish spent on inventory since year end.

1.8mln cash left and its not clear whether the base business is profitable enough to support the new one, given the headwinds.

On the other hand vertical farming is clearly in an upward trend - there's a following wind there.

Just unclear, without contract news, whether LST is likely to capitalise on it.

Interesting though, that its a fairly dire outlook and the share price hasn't plummeted. Perhaps the forecast at finals did the share price damage already.

[livewireplus] 05/8/2022 07:15

RNS out for Interim Results ....

[yump] 04/8/2022 14:54

Ended the year with 3.8mln cash, so 1.2 used shortly after float, presumably covering losses from a year of investments and the float cost. Whether its paying off creditors - not sure.

Last year lost 2.5mln, this year a bit smaller loss forecast.

Must easily be enough cash for this year - even at same investment levels. So issue is whether contracts and newsflow this year will give insurance against more fundraising

[yump] 04/8/2022 11:37

Sort of vaguely interested in this now, but stuff like this doesn't help in sifting through the BS to get to the truth:

03 November 2021
Light Science Technologies Holdings plc
Placing of Existing Shareholder's Interest

"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."

So when is a lock-in not a lock-in ?

[livewireplus] 10/6/2022 11:32

Recovering reasonably after this mornings RNS. The 'person' unloading half a million shares at 7p earlier this morning may be regretting it ....

[rimau1] 22/4/2022 13:08

I’ve been gradually buying here, its hard to build a big position. Expect news next week to be bullish, LST have made a number of key sales hires during Q1 so hopefully they will have a good story to tell. Steady state electronics business funding an exciting niche sector. I like the ESG angle plus the global food security crisis is another new angle here since all year round farming means countries become less reliant on imports. I expect them to make a big deal of future food security. Lets see.

[jfreshfield] 19/4/2022 22:27

News due here? V quiet

[yump] 13/4/2022 17:25

A note from Turner Pimp would surely cause the share price to drop further ;-)

[pugugly] 13/4/2022 17:17

Rivaldo - Could some of the reasons for soggy price is that - so far as I can discover- no research available = Nothing on Research Tree
However a presentation on IMC 1st Dec 2021 at 4:00pm GMT

Stockopedia "his is a new security that has recently been listed

We will be providing fundamental data soon. Please contact us for further details. "

Not sure if Turner Pope have published a note - Nothing on yjr LST website which is only updated to "This information was last updated on 15th October 2021"

Cannot tell therefore if there is any light under this bushel

[rivaldo] 13/4/2022 14:58

Hmmmm, glad I sold at 25p-27p as per earlier posts! Hope others did the same.

For what appeared at IPO to be a decent core electronics manufacturing business with good potential, plus a second very exciting early to market agri-tech business supporting vertical farming, there's been remarkably little business news flow since that Oct'21 IPO - just one contract update in Nov'21 and a funding grant. Otherwise all quiet.

There's been a bit of COO buying at 21.6p, and it's interesting to see an NED parking a large chunk of shares in his SIPP at 12p last month. Perhaps this will signal better news flow to come.

I'm still keeping an eye on LST. But it's surely a bad sign that I can't see the prelims to 30th Nov'21 anywhere - not even a trading statement, let alone a Notice of Results RNS. I understand the results might take somewhat longer than usual to prepare given the IPO and Covid, but a year end trading statement is now well overdue.