Lightwaverf Share Discussion Threads

[whoppy] 06/12/2019 15:56

Another two names RNS'D
Perry Morgan aquired 2.8m
Stephen Pycroft aquired 2.5m

[dave4545] 06/12/2019 15:38

What account is that on twitter ?

I have many blocked accounts that I know post fake rumours

[whoppy] 06/12/2019 15:35

Rumour On twitsville is a premium offer made by a US giant.

[whoppy] 06/12/2019 15:28

Who's Brendan Kerr?
Just popped up with 2.5m holding.

[whoppy] 06/12/2019 13:57

dave4545, don't think it was a sell as it was at 4.56p when small sells were only 4.1p

[tbroka] 06/12/2019 13:34

I hope that what may seem like irrational trading is not actually trading intended just to depress average vwap such that when an opening bid might be tabled it then attempts to price comparatively against a recent (manipulated downwards?) vwap.

[dave4545] 06/12/2019 13:13

172k already sold for a loss.

99% now all quick buck merchants, 1% hold a stock now more than a day

[whoppy] 06/12/2019 13:12

Another 172k buy.

[amrishbhim] 06/12/2019 12:34

Thanks Dave

[dave4545] 06/12/2019 12:20

Matching up a lot of quick buck merchants selling for losses now

Scary that even a 2696 cannot hold, ffs it's just £150 and they have paid 4.9p and then sold for 4.1p, so the £150 is now worth £110 ish after charges mad

[whoppy] 06/12/2019 12:17

MM's trying to get sellers for the big buyer, hence rise the share price

[whoppy] 06/12/2019 12:16

172k late buy at 4.75p just reported.

[recordz] 06/12/2019 12:16

Its about as illiquid as you can get.
I think the float is less than 2%.
Might even be less than 1%.

[whoppy] 06/12/2019 12:14

There's minimal free float of shares, so volumes don't have to be big to get the share price moving. Anyone building a position will find it difficult to collect shares.

[whoppy] 06/12/2019 12:09

There's been some large buys over the last week. 800k was a few days ago so someone knows something. Either a large company wanting LWRF or someone building a position, or a partnership with an existing partner like Resideo, Apple or a new partner. Good to see. I always thought the products were too good to ignore and of course the smarthome market is hot at the moment.

[pugugly] 06/12/2019 12:08

Either news leaking or a massive pump and dump underway - Can almost smell roasted fingers if the fire goes out soon

[dave4545] 06/12/2019 12:06

lol lol lol

What a surprise, biggest % riser amrish pumping away !

You are a disgrace !

[amrishbhim] 06/12/2019 11:51

This is going to go to 15p by close today

[clocktower] 02/12/2019 15:01

Well someone likes it today.Good Luck whoppy lets not turn off the lights just yet!! :-)

[athnotts] 01/12/2019 23:45

i would guess committed have not subscribed re the high price, ie as the share price has declined so far since then. there will be a new subscription at a lower price if the company needs cash and there is no other alternatives. i'm assuming the 'strategic review' in practical terms is them going into conversations/pitches with possible acquirers, possible new investors, and existing institutional holders. what actually happens depends on the views of those 3 groups. i guess it will take weeks if not a month or two. hate to say the b and e words but i would not want to be doing this stuff at same time as brexit and an election. they should have seen this coming and so began this 6 months ago and not hoped for a good final quarter of the fiscal year that then failed to materialise.

[whoppy] 30/11/2019 13:06

Resideo would be the favourite to integrate LWRF into their EvoHome range. They may have been watching Lightwave to see how they do and waiting to step in should the opportunity arise. Probably a buyout is easier for them and retain the existing team and then ramp up production and promotion for themselves. The groundwork has been done for them. What they'd be willing to pay if so, who knows, but they could never have taken over on the open market due to the big shareholders and limited public shares, hence no value can be established. If it's a sale, then how the big shareholders get there money back is a conundrum. The investment made and near profitability should be seen as an asset rather than written off. Clearly that investment has some value. Resideo may want to protect their own protocol and products, and so see a buyout as a way of doing that, rather than Lightwave falling into the hands of a competitor. The company needs to update the market on the review process and the sale process and timings. Committed Capital have not subscribed for the deferred shares for the conditional subscription, which they were going to do. Out of the 1.8m conditional shares, they had already subscribed for half of them, but haven't subscribed for the other half, which could be due to the sale of the business. The obvious concern is they don't sell the business or find an investment partner and Committed Capital take the company private, however the other big shareholders would have something to say about that, particularly as Committed Capital have an undertaking to maintain the current trading facility for the ordinary shares.

[sinkyj] 30/11/2019 12:14

Hit the nail on the head there . The size of the market isn't big enough at the current price point of these products. As I've said before, other products in the market sell well and are profitable. LW have the ability and had the time to make the products that have been successful. Wrong choices made. Having the products in the Apple store was great for vanity, however anybody with an ounce of sense would realise it's not the place for DIY product to shine. The only way that would have worked is with Apple promotion and some sort of over the counter installation service. The lack of promotion by Apple has always confused me. The company isn't anywhere near breakeven Whoppy, in fact, it's probably as further away than it's ever been. That's why we are discussing this now. They've burned a other million in a blink of an eye. Sometimes that's not a problem, but when your business isn't scaling too, that just makes it a money pit.As proof, LW competitors, Den, also recently closed down, also for sale. They had nice product too. Same mistake, proprietary protocol made it difficult to mix and match with other products and unable to get their full range to market, promptly. Very few companies are big enough to attempt what both of these companies have tried and the ones that are have avoided these particular products.This needs new blood, new ideas, somebody with patience, very deep pockets and good knowledge of the market. At the moment they've ended up in the middle ground where many companies fail. Too expensive for mass consumer adoption, not able to deliver the total solution a high end customer requires. CT friend / neighbor is an example of that.