Lightwaverf Share Discussion Threads

[athnotts] 29/11/2019 23:25

not just brand, goodwill, patents - whoppy is right about the products being good, i am a customer and i'm v satisfied - but someone over on the london se share chat made a good point today amongst chat about today's drop - the products are high in price. the margins look ok as is but the volume of sales is not there, so b/e is hard to attain - could be the high price point limits the available market. i have had plenty of friends see mine over the years since i've had them installed, and admire them. but very few of them then bought any. i suspect high price is one of the key reasons why. obviously everyone wants it to succeed (maybe even clocktower!) but it could be there is a structural problem with the business model: size of market is not large enough at current price points, and margin is not high enough for profitability at lower price points. tough place to be.

[clocktower] 29/11/2019 16:28

I doubt that as I expect they have come to realise the boat has left port so to speak. The only thing that could rescue this, is a major that just uses the brand and goodwill plus patents.

[whoppy] 29/11/2019 16:09

Not as long as the Shermers. I think they must be wondering how to get the company back from the Committed Capital.

[clocktower] 29/11/2019 15:22

Maybe or maybe not whoppy but they can tell a lot more than you may give them credit for, and they are not bound by city rules in the same way.

How long have you held shares in this whoppy?

[whoppy] 29/11/2019 12:01

I don't think a book keeper or cleaner are privy to information or will know anymore than the CEO. Obviously, if you believe that, then that's up to you. No one knows what's going on with regard to the strategic review, however we know what they are looking to do. Some holders will be distressed and have sold their shares, anticipating the outcome. Does that make their decision right? I don't know. I don't short shares. All I've done is contact the company and ask some questions. The company has good products, is near profitability that requires more capital in order to scale the business, so it can get to where it wants to be, and has a number of partnerships. Having a large shareholder is a help, but has become a hindrance in the current situation, which hopefully will be resolved. Do I want to see the company succeed? of course I do. Does Committed Capital want to see the company succeed? I would think so. Does the CEO want to see the company to succeed? One would think so. Do the partnerships want to see the company succeed? I would say yes. Will the company succeed in it's existing form? Probably, but nothing is guaranteed in life.

[clocktower] 29/11/2019 08:29

whoppy, remember Jason etc is there by the grace of other board members and major shareholders - without telling you anything, contact directly with some leading figures in the company can be very misleading to say at best. Beware of being sucked into a "It will be alright on the night" claptrap - look where it has go you so far whoppy (unless you have been shorting it while posting positive things). :-)

You would be better off talking to the bookkeeper or the cleaner.

[whoppy] 28/11/2019 16:11

Hi Nar1 - I asked if anyone knows the CEO or has had contact with the company because all these posters seem to post as if they know everything. Yes, I have contact with the company and have had communication with Jason.

[nar1] 28/11/2019 14:38

Did you have any luck with this ?

[whoppy] 21/11/2019 14:36

Does anyone know the CEO or had contact with the company?

[nar1] 21/11/2019 14:30

Unfortunately the inevitable is on its way. These guys will do as Sinkyj stated earlier in post 5023. All BS - sad state of the AIM

[whoppy] 20/11/2019 10:59

Committed Capital have undertaken to maintain a trading facility for the ordinary shares. They have also not ruled out making an offer for the company. The Concert Party will not be restricted from making an offer for the Company unless the Concert Party either makes a statement that it does not intend to make an offer or enters into an agreement with the Company not to make an offer. No such statement has been made or agreement entered into.

[athnotts] 20/11/2019 10:26

that makes sense to me sinkyj. whoppy, one reason why the other major shareholders might be in for going private is in fact the dropping valuation. if this was a private company without its chequered history, ie just the recent growth, relationship with apple, john lewis, possible emea expansion with eu socket and new distis etc., then it would carry a valuation above the current one. on the often used loss making private tech company basis of a revenue multiple the company is valued today at approx 1x FY19 revenues, which v low given recent growth. mind you, one thing that might hurt a private raise after de listing would be what's going on with den, looks like they might be out of business from a quick bit of googling.

and the last 2 form 8.3 rns uncovered 2 more institutions which by my calcs make it over 75% if they all align...

[whoppy] 20/11/2019 07:34

I think the other major shareholders would have something to say about that, imo.

[sinkyj] 20/11/2019 06:37

"the Company may need to seek the support of its shareholders for the cancellation of the admission of its shares to trading on AIM in order to accommodate a significant investment. Alternatively, an investor may seek a controlling interest in the Company."

I would suspect CC have sight of money to invest into the company, either their own or some related parties, but are obviously unable to in its current dysfunctional listed state. There's been no attempt to bolster the share price for some months, and the current procedure will satisfy the rules. Then it's delisted. New investment in. Restructure. Big spend. Bit of good news. 12 months down the line trade sale to Resideo. Absolutely, no special knowledge or knowledge of the take over rules. That's just my best guess knowing some of the people. Alternatively, Resideo could come and take the lot. However I suspect it a bit early and a bit messy in it's current state.

[whoppy] 19/11/2019 16:25

You guys need to read the last RNS. Lightwave are in a whitewash situation and Rule 9 of the Takeover Code has been waived. If Committed Capital go over 50% this will initiate a whitewash and ALL shareholders will lose out because Committed capital have stated they will not make an offer for the company. So it is in the interests of the other big shareholders, like Unicorn and Brewin, to either see Lightwave be sold and they can get their investment back or have another investor join the party. Committed Capital can't put much more money in as they are at 38% and the low market cap means any money they want to put in will invoke the whitewash as they will surpass 50%.

[clocktower] 19/11/2019 15:41

Thanks sinkyj for staying with the thread and providing your expertise - Wow that disclosure was eye opening but not surprising, as your knowledge has always provided an insight and been a guide in some respects to holding an investment in this.

If it had been a larger company I would have shorted it to the hilt a long time ago and been sitting on a fortune now, having given due warning of the place I though this was going - but to be fair I would have closed my position at around 7p - as it could still bounce I guess - pigs might just fly.

[athnotts] 19/11/2019 15:33

you nerds done now? ;-)

nearly made the top 10 list of losers today, and on pretty small volume selling. rns saying brewin dolphin hold 4.9%, that's not listed on web site but if you add that to directors and institutional holdings that are listed there total is 71.5%. getting close to the 75% needed to de list. another one popping out of the woodwork and/or a small placing to get a bit of cash from cc whoever and they are there. assuming they all agree.

[whoppy] 19/11/2019 13:50

So you agree the Lightwave hub works with Honeywell products using the Lightwave hub. It now also works with the Samsung hub and Smarthings app through Samsung devices. You know that I hope. I think Lightwave is very adaptable and can work with many other devices that are not Lightwave once they've done some work on it. So it's not an isolated system/protocol, imho.

[sinkyj] 19/11/2019 13:21

Whoppy,

Sinkyj conceived, designed and coded the Lightwave RF protocol and has a fully stocked RF test lab and nearly 30 years experience in Smart Home technology.

It's really not important, but, I can assure you the Lightwave hub emulates the Honeywell Rameses II RF protocol on 868.3mhz to talk to, and only to the HR91/92 TRV. There's even a separate pairing button on the App for the Honeywell products. Lightwave is my protocol, I can recognise it by hearing it on a RF scanner.

Nothing you have posted contradicts that statement. Everything else you have posted is about the Lightwave cloud and it's integrations. A very nice job but it's not a RF protocol.

I am only giving my honest opinions on the current situation to help others decide what to do. You can decide what you do and good luck to you. It's not fair to others to mislead, even if unintentional.

[whoppy] 19/11/2019 12:33

Lightwave Completes SmartThings Integration
The SmartThings hub and app make it easy for users to control, automate and monitor their home environment from anywhere via a mobile device, and the set-up can be configured to fit each users’ needs. SmartThings is compatible with hundreds of third-party devices, making it possible for customers to create an integrated smart home.

Now Lightwave products will be included in the list of compatible devices and SmartThings users will be able to include them in their set-up.
We are delighted to confirm the completion of the integration to our customers that have been requesting it and we see the great potential this opens up in terms of the number of different things which become possible to control via SmartThings. In fact, some of the Lightwave team are themselves users of SmartThings and have started to experiment with the integration at home.

Chris, our Online Marketing and eCommerce Manager uses his SmartThings Motion Sensor to turn on his Lightwave 4 gang dimmer in his study, He then turns off his lights using voice control with his Google Home smart speaker

[whoppy] 19/11/2019 12:31

Sinkyj reckons Lightwave uses the Honeywell protocol to operate the Honeywell devices. It's not the case. Lightwave and Honeywell EvoHome controller can operate each others devices.

Also other Lightwave devices can be used with Honeywell devices. It goes to show that the Lightwave protocol is adaptable. You can even use lightwave devices with SamsungSmarthubs and devices.

What can the new Honeywell Home valves do?
The new Honeywell valves offers smart control of your home’s heating radiator by radiator. The target temperature for a room can be changed from anywhere, and schedules set for each day of the week. As part of the Lightwave Link Plus ecosystem, these devices can also be part of a wider Lightwave stat home systems; e.g. if a window is open then the heating can be automatically turned down when a radiator valve is grouped to a magnetic trigger; when the Movement Sensor detects that a spare room has been occupied for the first time in a while, we can warm the room up; and when the entire house is set up to shut down at the touch of a button, now the heating can also be part of the routine.

[clocktower] 19/11/2019 12:23

Now now whoppy, you should be thanking sinkyj not being sarcastic. It`s fine to debate the different points of view but you seem to be in denial and just want to knock your head against the wall.

We all wish you well and nobody wants you to lose money, so I think I cam speak for most on this thread, when I wish it all works out for you.

[whoppy] 19/11/2019 12:13

Here you go sinkyj, Lightwave and Home Evo work together on both protocol but obviously not at the same time. It's one or the other and compatible, visa versa.

System Compatibility
It’s important to note that the TRVs cannot be used simultaneously with the Honeywell EvoHome Controller and the Lightwave Link Plus; they can only be linked to one system at a time. Only the HR91 and HR92 valves are currently compatible with Lightwave. The HR91 and HR92 TRV's work directly with the Lightwave Link Plus which is required to control these devices. Devices can be controlled via the Lightwave app or with voice control. The EvoHome hub is not required. Works with Google Assistant and Amazon Alexa.


Ok the chinese have a wall socket..wow!

[sinkyj] 19/11/2019 11:58

Whoppy,You're almost completely wrong in every word. I give in. https://www.aqara.com/en/home.htmlhttps://www.aqara.com/en/walloutlet.html

[whoppy] 19/11/2019 11:02

It's visa versa on the control. Just a firmware update to the hub.
Lightwave have far more products than the Chinese companies. They're still using smart plug adaptors. They don't have heating controls. Limited platform use aswell, no Google or Alexa.