Photonstar Led Share Discussion Threads

[interceptor2] 03/10/2012 08:28

It hasn't taken much to move the share price this morning, with the last buy at 11.2p. I agree DaveMac3, that section of the last statement is very positive imv. We are very much under the radar at this time, but once these are highlighted to investors, PSL are likely to move rapidly imo.

ic2...

[davemac3] 03/10/2012 08:12

from last update
We have made great progress in the first half of the year, opening two new facilities and bringing them on-line, whilst maintaining a strong growth rate for our products, as reflected by revenues increasing by 50%. Additionally, our ChromaWhite colour- tuneable technology won a major industry award in H1 2012.
"We see significant opportunities developing in the lighting market, as the rate of LED lighting installation picks up globally. Overall we are looking forward with increasing confidence to further positive progress as we move closer towards profitability."

[someuwin] 03/10/2012 08:07

Tick up to start.

[cfro] 26/9/2012 15:21

Damn!.....just missed a great buying op!

Bouncing back up now.

[saucepan] 26/9/2012 15:18

A lot of familiar names buying in, it seems. I have to confess I was a buyer, too! Thanks, IC2 for drawing these to attention.

[cfro] 26/9/2012 08:22

Also bought a small amount yesterday on the good results.

[davemac3] 26/9/2012 08:21

can buy at 10.3 at the moment

[clocktower] 25/9/2012 14:09

CP - I think someuwin has answered that bar the hoped for time frame - 19/20p within 9 months and possible much higher if it breaks out with further large contracts.

[someuwin] 25/9/2012 13:30

Massive potential here...

"Market opportunity

The LED market is still in its early stages, currently accounting for less than 3% of the $70bn global general lighting market. However, the market is rapidly transitioning to LED lighting, driven by cost reductions, increased efficiency and multiple regulatory drivers. These include the European phased ban of incandescent lamps and also the energy saving code for sustainable homes.

It is estimated that by 2015 LED sources will account for over 50% of the $100bn general lighting market (JP Morgan 2010). Currently, lighting accounts for 19% of global electricity usage, much of which is wasted as traditional light sources radiate up to 90% of their energy as heat.

A rapid switch over to LED lighting will not only lead to significant reduction in energy usage, but it will also have a significant impact on greenhouse gas production, as grid electricity use has a disproportionately higher impact on CO2 emissions than other energy sources. As a result, in markets where development is required to meet CO2 reduction targets (such as CRC, Code for sustainable homes & the Kyoto agreement) reducing electricity use by using cleaner supplies or reducing demand will have three times the impact compared to addressing heating and insulation and twice the impact of addressing transport. This is due to the greater CO2 emissions associated with grid electricity (Source: Carbon Trust (Grid electricity kWh 0.544, Natural gas kWh 0.184, LPG kWh 0.214, Gas oil kWh 0.277, Fuel oil kWh 0.266, Burning oil kWh).

Today, CO2 emissions attributable to lighting are equivalent to 70% of all global car CO2 emissions.

Whilst energy savings from source replacement are significant, the addition of controls via Smart lighting can improve energy savings by a further 70%."

[stegrego] 25/9/2012 13:24

Ive nicked a few as well.

[interceptor2] 25/9/2012 13:17

Just brought in here after todays interims. After finishing my research into PSL, I believe the potential is very exciting having just turned profitable on a EBITDA basis. And I'm very keen to have exposure to the LED sector.

ic2...

[cliffpeat] 25/9/2012 13:00

Clocktower: ""Double before too long"

Interested to know about X2 turnover.

1. Is there any declared strategy to achieve this?
2. And do you know the size of the existing and potential market?
3. And have you any thoughts on the time line to achieving this sort of growth (and profit)?

Cliff

[someuwin] 25/9/2012 11:15

25 Sep
PhotonStar LED... PSL
Finncap Corporate
Price 10.50
Target 15.00
Reiterates

[clocktower] 25/9/2012 09:25

Good numbers.Hopefully double before too long.

[cliffpeat] 25/9/2012 08:52

For interest, if not referenced here before. (And why raise working capital when you can get pledged forward orders from end customers!!)

Bought in on a whim today.

[battlebus2] 25/9/2012 08:25

Maybe slightly optimistic there but we are certainly undervalued going forward.

[battlebus2] 25/9/2012 07:55

Yep an improvement that should continue with the recent contracts.

[someuwin] 25/9/2012 07:09

Very positive...

RNS Number : 0330N

Photonstar Led Group PLC

25 September 2012

25 September 2012

PhotonStar LED Group Plc

Half year results

PhotonStar LED Group Plc (AIM: PSL, "PhotonStar" or "the Group" or "Company"), the British designer and manufacturer of smart LED lighting solutions, announces its half year results for the six months ending 30 June 2012.

Highlights

-- Moving towards profitability; now EBITDA positive on monthly basis
-- Revenue up 50% to GBP3.82m (H1 2011: GBP2.54m)
-- Gross profit up 62% to GBP1.51m (H1 2011: GBP0.93m)
-- Operating loss GBP0.51m reduced by almost a third (H1 2011: loss GBP0.71m)
-- LED Fixtures business scaling up well and showing good growth
-- ChromaWhite, innovative new product, now launched and shipping
-- Two new production facilities set up and operating on schedule
-- GBP1.3m trade finance facility secured in July to fund working capital requirements
James Mckenzie,CEO of PhotonStar LED Group Plc, commented

"We have made great progress in the first half of the year, opening two new facilities and bringing them on-line, whilst maintaining a strong growth rate for our products, as reflected by revenues increasing by 50%. Additionally, our ChromaWhite colour- tuneable technology won a major industry award in H1 2012.

"We see significant opportunities developing in the lighting market, as the rate of LED lighting installation picks up globally. Overall we are looking forward with increasing confidence to further positive progress as we move closer towards profitability."

[beeezzz] 22/9/2012 12:43

I wonder who's LED's they are going to use, probably cheap Chinese.

[clocktower] 20/9/2012 17:13

Agreed, massive growth yet to come in this market, only the surface is being scratched at present.

[someuwin] 20/9/2012 14:16

Hi sport.

Obviously a massive difference in valuations between PSL and DIA (DIA is 50 times the size)

My point was to look back at the meteoric growth DIA has experienced and wonder if in the next few years PSL will grow at a similar rate?

Seems very possible to me. Both provide LED lighting products. LED lighting is still in its infancy and should grow exponentially.

Looks compelling to me.

Dialight sp

[sportbilly1976] 20/9/2012 14:04

someuwin,

thanks for highlighting this.

in your comparison to DIA's mkt cap, what is the comparison in terms of revenues / profits?

Are there contracts available to PSL to get up to DIA's level?

an interesting one to wtch...once again, cheers for the heads up

[someuwin] 20/9/2012 11:32

Half year results in 3 day's time (25th sept) should show good growth.