Photonstar Led Share Discussion Threads

[beeezzz] 01/4/2014 14:02

Well it is April 1st!!!!!!!!

Chris thanks for the info

[chrisdgb] 01/4/2014 13:56

Looks like Finncap doing the volume today.....maybe have a client attracted by their 11p price target,...

[yump] 01/4/2014 12:08

Oh behave !

[beeezzz] 01/4/2014 11:43

Wonder what the demand will be for this type of LED lighting.. it reminds me of a 50-60's playboy bedroom with big silver ball going round creating a wonderful lighting effect to dazzle potential mates and I mean female.

[chrisdgb] 01/4/2014 09:09

PhotonStar's 'Halcyon' smart bulb has been shortlisted in the retrofit product category of the Greenbuild Awards 2014.

This is the second consecutive year that PhotonStar have been shortlisted in the Greenbuild Awards; last year going on to win an award for their successful project, the Arcola theatre.

The 'Halcyon' smart bulb is the first true multi user, whole home, wireless, circadian lighting solution. It was developed following a DECC Energy Entrepreneurs grant awarded to PhotonStar in May 2013. The grant assisted PhotonStar to develop their patented ChromaWhite colour tuning lighting source into a fun wireless lighting product for homes. To read more about Halcyon, please click here.

The awards aim to celebrate true sustainability, recognising products and buildings in use that focus on proven energy reduction.

As a shortlisted product, 'Halcyon' will be be judged alongside other unique products by a panel of distinguished industry leaders wo are looking for the product that best represents retrofit innovation.

The winners will be revealed at a glittering awards dinner at the Radisson in Manchester on the 7th May.

[inside2] 28/3/2014 15:58

The first half 2013 was the drag with a recessive building industry across the Eurozone, adjusted EBITDA positive and cash neutral during second half 2013. That second half tell us the story and we all know what is happening in the building industry right now

[inside2] 28/3/2014 15:48

During 2013, the Group made capital expenditure of GBP0.78m, of which GBP0.71m was spent on research and development of its LED lighting fixtures and light engines, and GBP0.07m on plant and equipment.
In 2013 the Group secured and began drawing upon an Entrepreneurs Fund grant from DECC, worth a total of GBP0.37m and made available to support the Group's development of its wireless ChromaWhite technology.
During 2013 the Group invested GBP0.51m in additional inventories and trade and other receivables in support of its growing business.
The Group's year-end net debt position was GBP0.32m with available borrowing facilities of up to GBP1.3m.

[yump] 28/3/2014 15:04

Another couple of million.
Have a look at the second half vs. first though.

[beeezzz] 28/3/2014 13:11

"The LED lighting company posted a pretax loss of GBP728,000, narrower that the GBP836,000 loss it booked in 2012, as revenues rose to GBP9.4 million, from GBP8.7 million, offset somewhat by higher sales costs and administrative expenses".

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The question is what revenue will they need to make a profit? revenue increase by £700k and losses only decreased by £108k. Another large building contractor contract would be a good sign.

[yump] 28/3/2014 08:10

GWR7

It would have been nice to have an 'excited' or similar statement. However, things are moving in the right direction and housing/construction is picking up. Just a question of waiting to see what happens in the next months.

[yump] 28/3/2014 08:07

Midmarsh30

What a strange way of spending your time.
Not investing.
Posting on just the one thread knocking the share, but not on any others.
Then saying you're moving on.
But you're not invested anyway.

Are you OK ?

Perhaps you meant moving on from the thread ?
I think you'll find that really difficult.

[gwr7] 28/3/2014 07:48

I'd be happier with a more positive outlook statement. It feels like it's going to be an uphill struggle.

[midmarsh30] 27/3/2014 17:41

Absolutely correct, I followed the research in my posts, so I didn't invest and didn't lose any money. Follow your conviction Yump, you might break even one day.

[witheco] 27/3/2014 16:41

I sold up prior to today, LED makes sense- but a tough market.

[yump] 27/3/2014 14:26

You weren't invested though were you ? Unless you put a couple of grand in at 5p and are going to sell at 6p.

[midmarsh30] 27/3/2014 13:15

Witheco - good idea. I'm moving on too.

[yump] 27/3/2014 12:56

Its a gamble based on hoping for a results jump on the day yes. I don't know what extra you were expecting. The 'extras' will come, if the momentum continues. But not necessarily on results day.

[witheco] 27/3/2014 10:38

Midmarsh - left prior to today, seems like a gd choice.Always was a gamble.

[midmarsh30] 27/3/2014 09:07

Sorry, GWR7, it's a complex conundrum, especially for anyone without internal management data. If you want a positive sound bite, ask Chris!

[yump] 27/3/2014 08:59

GWR7

Unless the margins fall into a pattern, there's no way of knowing. It may be random, it may be because there are more diverse supply chain arrangements where margins are tighter for some routes.

[yump] 27/3/2014 08:55

What most folk look for in these situations is whether there is movement half to half, which there is, markedly so. That is at the least, some evidence that increased revenue will shift it into profit.

The net loss is not a problem at all because it is now this year that matters.

Companies don't normally provide revenue guidance at this stage. Just the wordy statements.

The financials are not difficult, so you can see what is needed to generate profit. The crucial bit will be the interims and/or any larger contract values that appear in the meantime.

Easy to stick them in and see what might come out for the full year.

[gwr7] 27/3/2014 08:51

Midmarsh, with regard to your comment on the challenge being profitability I'd rather see margins increasing than decreasing. Do you think they're having to lower their prices?

[envirovision] 27/3/2014 08:43

I think there are two things here which the market has a problem with. The net loss and more importantly any visibility regarding profitability. The entire forward looking statement is all about nerdy led science which the odd geek may well wet their pants about however there is zero forward guidance to pick out the bones to work out total earnings.

As things stand next years results may be worse, the same or better, flick a coin.

[chrisdgb] 27/3/2014 08:32

Strange share price reaction and in the long run totally wrong............

[yump] 27/3/2014 08:23

I agree reassuring. Think there's probably not much to see here until interims and/or a major project.

Obviously a few traders will go, but the spread stops any serious trading, plus there is generally no volume available for buying when rising and you can't sell when its falling.

At least that keeps one in the 'right' investment strategy of buy low (when all have lost hope), sell high ;-)