Lightwaverf Share Discussion Threads

[nar1] 21/8/2018 15:40

Must be all happy

[clocktower] 21/8/2018 13:59

Someone still having issues it seems, the community forum seems pretty slow these days, which to me suggests that sales volumes are not expanding rapidly,or everyone is happy with the products.



"August 21, 2018 at 12:03 #25372

ChrisThomas
Participant


Hi, not sure if this is the correct place for app issues. Maybe the app could have a link to a dedicated forum, or forum topic?

Anyway, I have a timer setup to Open/Close a roller blind I have setup. When I went on holiday, I closed the blind and turned off the Open timer. Having returned, I am now trying to Activate it again, and I cannot.

The UI shows ! PAUSED under the item in red. The slider shows it being off. If I Slide the slider to the right, nothing happens.

Now, there is another (serious) bug with the iPhone app, were you update a timer, click on UPDATE and nothing happens. Re-installing the app fixes this (yep, thats fun to do….). Now I have tried re-installing, in case this is the issue here. But to no avail. My Timer is stuck in Paused."

Bit like the share price - stuck in pause at present, and volumes are very low.

[ukdannyboy] 20/8/2018 14:52

I’m in for an amount I’d rather not lose but can afford to lose, at a price which makes the calculated risk worthwhile in the absence of such information. I don’t see much downside because at this price nobody is sitting on any profit. I’m also willing to sit on these if need be. I believe a short term up upside of around 50-80% to be realistic if we get a positive trading update in October and if I make even 20% in a month or two, that’s good business for a trader.

I do however also understand those who would rather wait and possibly pay a premium to the current price to be somewhat more ‘in the know’ as to what the position actually is.

[clocktower] 20/8/2018 14:26

Good Luck UKDannyboy but hope your not putting your shirt on it, as my view is still very negative but I wish you and all that are holding or buying better luck than those that invested much further up the food chain, or bought in around the last funding at 16p.

If however, I am wrong I shall of course be jumping back in if there is a turnaround in due course.

[ukdannyboy] 20/8/2018 14:18

They normally give a trading update in April and October. That update is going to give you a proper answer because at the moment to put it honestly, it would be nothing less than a guess from anyone who claims to know.

If they announce a successful launch I expect this to be back up to around 15-20p per share (depending how much interest it causes with potential investors). If not, this share will continue to stagnate at this price or lower. For me, it’s all about being in early in anticipation. Perhaps it will rise in the buildup or perhaps it will take solid news. I’d rather be in now to take full advantage of any increase should that news be positive.

[clocktower] 20/8/2018 13:27

On 31.05.18 Barry Gamble said:

"The next launch, expected in the coming weeks, will be the Company's European device range, which in partnership with Apple will take our products into a number of new territories.

Barry Gamble"


Question: How many weeks is "in the coming weeks" ? Has there been a European Apple launch that they have not announced or has it all fallen on its face?

Anyone know the answers to that?

[ukdannyboy] 17/8/2018 16:41

The share price has suffered through a lack of engagement from the company with investors and a lack of interest from the share market. Had I been in here a long time I wouldn’t be happy at the lack of updates given to shareholders and the poor shareprice performance at all and can understand frustration from those who have been in a while and possibly bought in on spikes at 20p+.

Having said that, the company made losses in the first half of the year due to a restructure of the way they distribute their products and the cost involved in doing so and the second half performance is expected to be better. They are also in the process of moving into the European market, which is a significant move and could provide good revenue figures longer term. If you look around smart Home technology forums there is quite a lot of positivity from those who use the actual products. I also doubt John Lewis would want to stock Lightwaves products if they didn’t see something long term with them.

As I say, I feel the only reason for the poor shareprice performance is due to lack of updates and interest rather than anything sinister. If you YouTube ‘lightwave share talk’ there is a very informative interview with the old CEO who outlines all of this. I just wish the company would be more open about ongoing progress. I feel that when an update does arrive it will confirm entry to the European market, create a bit of interest and recover the share price to something more reflective of where the company is. It is easy to forget that at this time last year the share price was closer to 30p. I think at 10p a share, you have a good opportunity to make some money in the short term once some news is announced. The share has dropped today on less than £5000 worth of trades which is reflective of the inactivity seen on this stock for some time. I’d rather buy in when it’s cheap and quiet than high and noisy but that’s just me.

[clocktower] 17/8/2018 16:22

LOL - MT,

Rather than wait for a seat on the lifeboat you may want to consider asking for a job as coxswain to guide the ship to safer waters or on the other hand jump and swim. :-)

[maltatrader] 17/8/2018 15:48

thanks clocktower. hope there will be space left for me on the lifeboat too.

[clocktower] 17/8/2018 15:15

MaltaTrading, I think it is still well above the water line but imo the ship is rudderless - in addition I guess the captain and crew have not got a chart or a compass, hence rendering them completely lost at sea, However, I would put money on that they have reserved a lifeboat for the BoD and will launch it should they hit rocks or a sandbank and become stranded and leaving the main ship high and dry, with just enough water around them to launch their get away lifeboat.

[maltatrader] 17/8/2018 13:54

is the ship sinking?

[phowdo] 17/8/2018 11:34

Bet his salary and pension aren't invisible.

This is just another AIM lifestyle company whereby shareholders repeatedly pay, via placings, for the directors to play golf and retire very comfortably whilst doing minimal actual work.

[gozo] 17/8/2018 10:29

The invisible man knocked on my door the other day.......I told him I couldn't see him!

[sinkyj] 17/8/2018 10:10

The replacement CEO seems to be the invisible man's less visible cousin.

[clocktower] 17/8/2018 08:43

So folks, whats not going on with LWRF?

Is the replacement CEO already now thinking about calling the "Take me Home James" service?

With the share price going further South and nothing exciting likely to happen in the future, what would tempt anyone to take the company over, when the products are now not the slickest around.

Are the shares now even worth 5p?

If the money runs out again, in a year or so, will they even be able to raise anymore and how deep would the dilution be if it was possible?

Where have all the positive posters on the thread gone? Have they finally realised that Lord and Gamble etc are just another another bunch of jam tomorrow purveyors.

What good news have the house brokers got to say about the business?

[sinkyj] 15/8/2018 13:56

Worst case, I think you are not far off. Depending on what exit deal the previous CEO left with. They suggested burn would fall in the interims, increased sales etc. Burn then was about 140k and the inventory was very high and maybe reduced now. An optimistic rate maybe 110k ish so say 500k gone from. The 2.46M. So I guess just under 2M left at best.With no information forthcoming from the company, it's hard to say. However, given that fact, not much must have changed from the expectations they presented to the market.

[gozo] 15/8/2018 13:14

I estimate that the company has around £1.5m left assuming a burn rate of around £170,000 a month.How does the above compare to others figures?

[sinkyj] 14/8/2018 16:23

Apple Homepod just 6 percent of home speaker market. Not everything Apple does turns to gold. Not sure if that makes Apple more desperate to promote it or cut their losses. Really suprised Apple UK and Lightwave havn't seemed to promote the solution as well as you'd expect. hTtps://www.macrumors.com/2018/08/14/strategy-analytics-homepod-2q18/amp/#click=https://t.co/KeQheijCXwTwo Amazon Echos or one Homepod. I'm sure what my answer would be. BB : As an ex employee of the company, I'm surprised you havn't got all of the facts right.

[ukdannyboy] 10/8/2018 12:09

I’ve just purchased a small holding here . I followed this back in 2009 when it was still JSJS Designs. Haven’t invested for many years but the jump last year caught my interest again, I didn’t expect it to fall back but at 10p I just can’t resist the gamble.

A good article here, all be it a bit old. [...]

Pleased to see these currently stocked on both the John Lewis website and my local shop, along with the Apple website. If they can get things right with their launch into the European market things could go really well. Having said that, I’ve always seen this company more as a designer than a direct supplier. Looking forward to seeing what new products they will bring to the market and if they have the ability to really get these products into the wider market.

[mg78] 09/8/2018 10:03

...or you could say, 'since Mike Lord joined'.

The wrong guy at a CRUCIAL time, if you ask me......even though he did initially chuck some cash at it. That's no compensation however for the wrong moves / poor strategy that occurred.

All in my opinion only.

[boogleboogle] 09/8/2018 09:53

The company/sp has never really recovered since you dumped your shares and left John

[sinkyj] 09/8/2018 05:02

Trading at sub 10p. Lowest ever price.New CEO still silent to the general public and share holders alike. At least the company has stopped the secrecy on the February product release."These should available at the lightwaverf online store within 4-6 weeks. However, they are available to pre-order directly via our support team if you prefer"

[sinkyj] 02/8/2018 13:00

Down, Down, Down. All on a few thousand pounds worth sold. I suspect the new CEO's first announcement, after his sizable options award, might be bad news.