Lightwaverf Share Discussion Threads

[jmf69] 29/8/2018 10:38

The expansion into Europe has these teething problems ironed out and should lead to a better product for sale.

[jmf69] 29/8/2018 10:37

The early reviews were bad due to the teething problems of the new gen 2 devices. The more recent reviews are all 4 and 5 star

[clocktower] 29/8/2018 09:25

I just took a look at the reviews on the Apple website - few though they are, which does not suggest that sales are good, secondly - in general the reviews are very damming of the product and Lightwaves customer service.

Some also question why Apple would promote the products due to the issues that have been raised.

[mortimer7] 29/8/2018 09:04

MM's not helping....one buy of 5000 shares this morning & the offer is pushed up from 10p to 11p with a 13.5% spread.
That said 5000 can still be bought at 10.24p online.

[ukdannyboy] 28/8/2018 12:41

Given the continued lack of interest from the market in this share despite our discussions of somewhat promising news potentially on the horizon I think it’s going to take an actual RNS or news from a more mainstream source to get the shareprice moving.

[sinkyj] 28/8/2018 12:11

Store fill is good news. That should be a reasonably sized order Europe wide.
I didn't find any power products though, did you JMF69? IF that's all 22 countries at 5 per store won't be bad sized stocking order.

Is that classed as a European Launch, DannyBoy?

3 and 4 Gang new UK products also appear to be on the Apple Website in the UK, although Lightwave twitter is still offering to only talk to people privately about supply.

[jmf69] 28/8/2018 11:09

Apple stores in Germany, France, Spain and Italy are holding lightwaverf stock in store as well as direct delivery.These are just a few that I have checked.

[ukdannyboy] 26/8/2018 12:44

24th of August, shoutout to Lightwave in ‘6 seriously useful smart home innovations you need in your life’

5. LIGHTWAVE RF SMART SOCKETS LET YOU CONTROL EVERYTHING

Socket to 'em
Until recently, if you wanted to make your plug sockets smart and controllable from your mobile or Alexa, you had to plug a bulky new socket into your existing ones. There's nothing wrong with that, but it's not terribly elegant, is it? Lightwave RF has a much neater solution, which is to replace your sockets and light switches with new, clever ones.

Available in attractive brushed steel as well as your more standard white, they do obviously require more installation than a plug-in smart socket – you should really hire a qualified person to do it in fact – but once fitted throughout your home you will have total control over every appliance and light fitting you own. You will truly be the voice-controlling master of your domain.

We expect to see these types of sockets appearing as standard in new homes within a few years. They are the future of plugging stuff in and turning things on and off – hey, that could be their next advertising slogan!

[sinkyj] 25/8/2018 17:59

Lightwave Twitter a few hours ago "We have just rolled out to 22 European countries via Apple, at present we do not have USA in our plans. However it may be something that we look into next year. We will be sure to communicate this out at the earliest opportunity"

[sinkyj] 25/8/2018 04:43

The lighting products are listed on Apple European websites. The lighting and hub only needed minimum changes. New power supply with European plug, change in instructions and a software change for the dimmers to work at 60hz.The power products need a complete retooling to be European. Obviously , nobody currently knows when they will arrive or even if the initial European plans include these. To my previous point, what kind of European product launch is this? It could be a grand launch of the full range. We could stop here at just the switches. Apple could have taken as little as 500 units to each country's online store to see how they go. Who's going to promote these? What sales will we see with no marketing? I'm not sure shareholders should be left guessing. I guess we have to wait until October. Somebody has taken a 10k bet today on it being great news. I hope so. It's certainly some very uncharacteristic company behavior though. Almost like they want to keep the share price low.

[ukdannyboy] 24/8/2018 23:29

Not strictly true clocktower. This is a UK company that has only ever sold in the UK. First and foremost, to sell to the European market the company needed to make the devices compatible with Europe (eg. Plug socket, voltage, language and some more complex things too) which was outlined in the YouTube video with the old CEO that I had posted a link to. There hasn’t been any confirmation that they have done that yet and I assume even if there were only being sold via Apple to European countries online, they wouldn’t be supplying it with a UK plug with English instructions suggesting they have at least now got a product that they can sell in Europe? The whole point of the supply restructure was to allow lightwave to serve a wider market ‘at will’, rather than having to take orders and then create the supply which was taking months.

If indeed the products are being sold to European countries via Apple it gives me some hope that future news will be somewhat more positive than others may suggest. I await a proper update from the company with interest.

[clocktower] 24/8/2018 15:18

JMF69 - Are they in the Apple stores in Europe though - as it is easy to service any website from the UK or China for that matter.

[jmf69] 24/8/2018 14:58

Looking at Apples website for France and Germany, amongst others, lightwave devices are available. Also they are on Amazons Germany website. Not sure how long they've been selling for?

[ukdannyboy] 22/8/2018 16:31

Agree with all of that.

But it’s good that there’s a few discussions going on, on this board. Mixed opinions, I guess I’m more positive because I’m not sitting on a loss (spread aside) whereas others are perhaps not so foruntate right now. Trading update will likely be in early October as it was last year.

[sinkyj] 22/8/2018 15:54

A PLC needs thinkers, talkers and doers. The new CEO must be the latter, because he's definitely not a talker. It's only my personal opinion, but I think AP was let down by his team. He did his first job admirably, and raised sufficient money for the job to be done. He talked sensibly and honestly to his shareholders.

In November 2017 a clear schedule for new products was published for release in February. It takes 3 months to ship from. China, so he must have been told the production was imminent by his team. 7 months later the said products aren't yet here. You can't sell what you don't have.

I spoke to AP a few times and he impressed me, not only with the way he expressed things but also his pragmatic view of how the company would deliver his aims. Refreshingly lacking in ego for a CEO. I have among my business associates, a billionaire and people who are in the boards of billion dollar tech companies. AP was up in that league. I'd certainly be happy to have him in my company.

What went wrong, I don't know. Certainly, I agree the results weren't acceptable. Ultimately a CEO carries the can for that. Fairly or unfairly.

As I've said before I hope the new CEO will astound us with his silent progress but I think he needs to take a few lessons in not only promoting the products but also the company itself. Like it or not part of a modern CEO's job is to promote himself and his company through all forms of media. I keep referring to him as the new CEO as I don't honestly know his name and even the companies CEO Twitter account has the interim CEO's name.

From what I remember he's a electricity utility guy. There's a lot of mileage in that area for these products and the data they produce, given some context. I'm invested and I don't wish the company to fail, but it's worrying times, for sure. Markets hate a vacuum.

[nar1] 22/8/2018 14:44

AP talked a lot and achieved nothing during his time.

[ukdannyboy] 22/8/2018 14:32

Wasn’t sure if you meant JS or AP as was going to say JS is still on the board. Disappointing AP left of course because he’s a likeable bloke but he does say in the video that he joined Lightwave because they are a UK company and he wanted to spend more time with family - he left his old role because of the amount of travelling and has a young family. Perhaps entry into Europe was going to mean a lot of travelling again and it wasn’t for him. A complete guess of course, but many reasons why he might have stood down, positive, negative, business related and personal - take your pick!

[clocktower] 22/8/2018 14:20

Danny Boy, I was talking of AP that featured in the video you posted a You Tube Link about, unless of course you think the new bot on the block has the same vision and dreams - if so why would they have parted company with AP?

[boogleboogle] 22/8/2018 13:30

Just regard his comments as pure claptrap. No-one around here likes him very much.

[ukdannyboy] 22/8/2018 08:31

Who are you on about?

[clocktower] 22/8/2018 08:12

His vision, hopes and dreams have gone like himself Danny boy, so has much of the money he raised, as was clear in the last accounts.

[ukdannyboy] 21/8/2018 22:36

sinkyj, thank you for your informed response and I too agree with what you say.

Do not get me wrong because whilst I am positive about the company for the reasons I’ve outlined, it is VERY much of question of ‘can they’ and we’ve seen little evidence, certainly recently, that they can, are, or will be able to do any of this. We have however seen evidence that even as a very small company they managed to get into bed with Apple, Google, Amazon etc. The lack of updates/engagement with investors as I’ve also said previously is at best disappointing and at worst down right disgusting considering the placement - investors deserve to know what management are doing with their money and they certainly don’t deserve to see their investment dwindle away on a lack of transparency from the company. I think investors (of any company for that matter) deserve to hear news even if it’s bad, as soon as possible.

What I would add to that though, is that a lack of evidence is exactly that - we just don’t know, either way, what they are doing and how they are progressing.

I really hope they can pull it off, not just for me but for the company. I’ve followed for over 10 years but only just invested.

This is the video that actually made me invest:

[sinkyj] 21/8/2018 19:31

Nothing wrong with what you have said there Danny boy. It's been said many times before. The market is hot and ready for the taking for companies with the wherewithal and financial clout to market the hell out of it. It's been done in very closely related markets.

But how much money will it take to scale the company? Have we the people that can do that? Where is the European launch? What will be the extent ( a few products available online only or a big rollout). What if the next news is bad news? Many questions.

The big problem is the burn is just too high to see significant progress happening in the time available. Expect any bounce to severely limited by those selling into it, to exit loss making positions. When a share gets this neglected, it usually takes a few bits of good news to clear out the disenchanted first, before it can move.

Your last paragraph isn't quite factually correct but I appreciate the sentiment. Social care is a huge worldwide market for this type technology. However, there are some people who are focusing much more on this aspect and will likely come up with better and more appropriate solutions. I spoke to some only last week.

At the end of the day the company has to make a significant leap in terms of reducing it's burn or increasing it's profile and brand worldwide. Given that existing shareholders have seen promises of both fade into nothing then it's most likely not to happen.

Good luck with your investment.

[ukdannyboy] 21/8/2018 17:05

You have to put things into context. In fairness most users control using Alexa, Apple Home Kit or the Echo via voice control rather than the Lightwave app:



The app itself has always been a tad buggy but you have to remember that historically this is somewhat a gimmicky/geeky market and many people who use it ‘hack’ and add their own coding etc. Even the Phillips bulbs which are meant to be plug and play come with their own issues - piggybacking off more mainstream and user friendly ways of controlling such things is a massive boost to bringing these products to a wider market:



I don’t expect millions of products to go flying off the shelf next week but being in the European market now puts lightwave in the right place to be when this kind of technology becomes more mainstream and the norm to take full advantage of it. In many ways this is like the facial recognition feature on the iPhone X - a futuristic feature, a bit geeky, you’re not going to go out of your way to have it immediately but when you need an upgrade it’s the one to have and in a few years it will just be the norm and expected.

The same can be said for smart home technology. How many people do you know who have this in their home right now? I bet anyone you do know with something like this has all the lastest gadgets and gizmos. It’s not a must have right now unless you love technology, but in years to come it will be expected. Believe me, Lightwave are up there in this market. Don’t believe me, there are plenty of articles out there that confirm this:

hxxps://thetacticalbusiness.com/126402/global-intelligent-lighting-control-systems-market-competitive-landscape-trends-market-concentration-rate-business-strategies-2022/


And on a final note, John Sherma, when he started this company, it was to improve the lives of the disabled/elderly. In an ever aging society where independence into old age is becoming more of an expectation than a luxury this is the sort of products that facilitate such scenarios.