Photonstar Led Share Discussion Threads

[clocktower] 28/11/2016 13:49

Now that PSL are seeking to become a leading player in the retro fit market maybe they should link with a company like as they already have a list of prestige clients.

[clocktower] 22/11/2016 14:24

A week is a long time in Politics - so a month may indeed more than acceptable bearing in mind the sort of news that has been released over the years, only to find further funding was needed just around the corner.

I like your bravery or foolhardiness adding another 500k today, and respect your knowledge if you are in the industry and have a insight to the take up of the products/services & contracts.

[buggy] 22/11/2016 12:58

Clocktower,

There is plenty of stock at 1.5p. Re-evaluated my analysis and added 500K today. Still think that they would need more money, but that I already know.

Communication wise they seem to be not too active. Since most of their payed-for trails are covered by confidentiality clause, it is possible that the company may not also be free to disclose when this moves to roll out. [ Pure speculation on my part.]

Regarding director buys:
It can be quite difficult finding a window for a director buy especially for companies that keep their cards close to their chest. Closed window rules out 4 months in the year. Of the remaining 8 months, if they know of any price sensitive information which is not available to the general market then they can't buy either. [Hence if they are in serious discussion about a roll out , or if a roll out is happening and they did not inform the market, due to confidentiality clause, then the directors can't deal in the shares.]

Realistically I do not think that there is much going on in the background that is price sensitive. At least I hope that nothing significant is in the background, since they awarded themselves options to buy shares at 1.85p towards the end of last month. It would be very unethical if they awarded themselves options at low price knowing that the price is soon to move up significantly.

[clocktower] 22/11/2016 11:47

buggy, you have a low average, although I have a small amount of these at present my average is well above yours I regret to say - so you have done well if this should turn for the better.

I see today we have a couple of decent buys, hopefully that was the floor yesterday. If those buys were yours I hope it all goes well for you, and the company become a bit more communicative with investors be it news on the website or RNS in the market.

[buggy] 21/11/2016 21:44

Clocktower,
My average is 2.04p so not very pleasant. Have most in my ISA, except for 500K in my trading account, so have a long term view.

Yes over 200K but the volume does not indicate a big holder dump. The maximum trade size is 83,333 the next highest trade size for the day is 50,681 shares ; then 30,000 ; 20,000 and 10,000 lots.

If looking to dump large size and selling at such small volumes, then the dealing cost soon eats into the value of your trade. I am not a large holder currently but if I want to get out I will not be selling at trade sizes less than 150,000 shares or if in panic 100,000 share lots. Selling 30,000 shares at 1.388p will give you £416.40 before dealing costs. Not exactly the best way to get your money out if you have over £50K invested.

Further unless selling the balance of your holding, I doubt if large holder will be selling 83,333 or 50681 lots, more likely round figures, like 83,000; 83,300 ; or 83,350.

For me, the more probable explanation is a large sell order by a big seller in the background and PIs who have had enough selling out.

I am hoping that things may become clearer early in the next year, Feb 2017. Nov 2016 nearly over, I do not expect any negotiations for roll out to be completed this year. Budget-wise it makes sense that the roll out cost may be included in the corporate FY17 budget by the companies rolling out the Halcyon lightings.

For institutional investors, if they want out, they want out irrespective of price. They can always offset any loss against other gains. [One the reasons why I do not really pay too much attention to what the institutions are doing .... it is not their personal money so they can afford to be base about initial choice of investments besides they can afford to take losses which can be written off against other investments. Hence the timing of their entry or exits should not be treated as gospel for buying or selling. Personally I prefer to back my own research rather than what an institution is doing unless I can see and agree on the investment proposition by the institution.]

This is just my ramblings and thought processes so has a very good chance of being wrong.

[clocktower] 21/11/2016 18:14

Wow - that is a fair holding even if you have paid an average of say 1.75 - 2p being £26-£30k - I wish you luck. While I have a small holding here I have mainly been waiting for better news before increasing my holdings, having sold all I previously owned on a spike last August.

Looking at ISDX it looks like over 200k have been dumped today alone, so I suspect it is indeed some of the larger investor trying to unload as they are generally less visible when traded on ISDX.

[buggy] 21/11/2016 17:45

clocktower,

Yes taking a tanking here. I actually hold just over 1.5M. No idea if issues...I do not expect serious financial issues but expect that they do need more money. May be the expected roll out did not happen ..if insider information.... proven benefit less than what was claimed at beginning of trial? Vole of trades however do not support this theory.
Significant number of shares held by large investors, institutional I believe. If any decides to move on then that could also be the reason... as a large block of shares will be available on the market without much buying pressure. I seem to be the only buyer over the last few months .. and as I said, the more I buy the more shares appears available on the Sell side.

Don't really know the reason for the large drop. The volume of sells do not indicate a major dump.
Time will tell.

[beeezzz] 21/11/2016 17:36

Well it is AIM....you must expect to be shafted...you can be sure the BOD will come up smelling of roses financially speaking, seems long suffering PI's will end up with a big fat zero....

[clocktower] 21/11/2016 14:49

buggy, Your near on 1 million shares you hold here are taking another terrible knock this morning - do you think the company is in a serious financial position as it seems there has been a lot of selling on ISDX today and of late - could there be insider rumours doing the rounds of either more funding if they can get it that is?

Hopefully you have not held the shares for that long and the hit you are taking will not be damaging.

Good Luck.

The products they have are good but the management have never made shareholders a penny and just keep draining the company and new investors - why have they not been kicked out by the larger holders?

[clocktower] 18/11/2016 16:03

US growth of cicadian lighting - hopefull PSL will gain the same sort of contracts in the UK

[clocktower] 18/11/2016 11:37

Next presentation 23-24th November ExCel - see confrence times below.

[clocktower] 18/11/2016 11:09

Well worth watching this video if your thinking of investing in PSL and maybe for bottom fishers if that is where it is,as it seems to be hitting new lows today:

[clocktower] 16/11/2016 16:37

Although I hold a small amount of PSL buggy, I am going to wait for better news and or funding news before I add as I know how successful this could be, if the management are up too the task in hand,that is, which to date is in question. I view this in a much higher risk category than LWRF who I think will become a household name before long, and be taken out by a larger player at a generous premium.

[yump] 16/11/2016 13:23

"PSL security is tighter which is why it was aimed at commercial applications and not retail. Their out of bound commissioning patent is a money make if it gets wide adoption. Imagine if you are a McDonald and by regulation you have to test emergency lighting every year, but you can now do your Safety test without needing to drive to each of your sites."

Commercial is where I thought the opportunity was and probably is, as you say. Just much less immediate results (slight understatement !).

Interesting comment from you on remote testing though. That is potentially a massive overhead saver.

Reminds me of the vending machine company in the US that now manage goodness knows how many machines remotely through a cloud/internet connection with about 10 people, compared to the on-the-road workforce they had previously. (Can't remember where I saw that - the vending machines were also equipped with remotely activated de-blocking mechanisms and all sorts)

[buggy] 16/11/2016 10:53

Clocktower,

PSL may need additional funding but in general I am more optimistic about it than LWRF. Hard to justify at the moment but the thing with PSL is they have a model that will generate re-occurring revenues and they also have other business arms to underpin the revenue.

It all hinges on if they can prove the concept with the payed-for trials. If these come good then others will follow. They are targeting commercial area. They have a few strings to their bow:
(a). Contract manufacturing factory
(b) Led manufacture and sale of light engines
(c) Circadian Lighting
(d) Building Services Management.

For LWRF, I have some in my house which I bought 3 years ago.. they are still going strong ( mind you I use the had held remote for controlling them and not the app which I hear is not up to scratch). My point being that once you have bout the product that is it... they need to sell to another client to get another revenue... no re-occurring revenue.

Also the security for the product is not great, I know a few people that refused to feel that you can easily hack into the signal so not to use for garage door and things like that. [ That was when they were considering making LWRF door lock].

PSL security is tighter which is why it was aimed at commercial applications and not retail. Their out of bound commissioning patent is a money make if it gets wide adoption. Imagine if you are a McDonald and by regulation you have to test emergency lighting every year, but you can now do your Safety test without needing to drive to each of your sites.



Everything really hinges on the timing when the trials start transitioning into roll outs... assuming of course that they can demonstrate value add to the companies trialing the product. Depending on timing they may require additional funding .. but PSL have other business arms to underpin the revenue if they could bring those parts of the business back to profitability.


Anyway for long term investors this company is a total failure and I can imagine their frustration, but the company has changed its normal business and moved into the IOT area.

I am a believer and has now got just over 1M shares. Management here are more focused than those of LWRF and seems to have a clear view of where they want to go and their target market.


Mind you there seem to be a big seller and ample amount of shares on the supply side.

[clocktower] 16/11/2016 09:27

LOL yump.

The market is in large contracts on commercial buildings, which PSL are now trying to address - the problem is can they survive until they get sufficient contracts to become profitable?

The downside is that they fail to communicate with their PI`s and as the record shows on the thread, they have not been very welcoming to them when they have visited.

[yump] 16/11/2016 09:20

I still have a few of these fortunately sold most during the optimism, but just looking at LWRF from time to time, the inevitable conclusion I've reached is that this market is absolutely littered with offerings, certainly in retail.

Plus, I don't hear anyone talking about smart home control much, say compared to the next iPhone.

Got a few friends who have bought various bits of control and found them interesting/useful, but those are isolated gadgets. At no point are any of them looking at any sort of total control.

My conclusion fwiw is that this is a market with almost random purchasing, from a random variety of different gadgets.

Therefore any one business trying to capture any significant portion of the market is on a hiding to nothing.

...and the only bit of control I actually need, doesn't seem to exist: a remote to switch off the bloody smoke alarm while I'm cooking, so I don't have to get a chair out to push the button or detach it from its holder ! There's all sorts of wireless linked, networked alarms. I just want a zapper to point at the thing.

(The solution is we've just put the smoke alarm on the window sill - high tech. stuff !)

[clocktower] 16/11/2016 09:05

Appreciated buggy. Fortunately, other than taking small losses early on my holdings are small but I will be happy to bid for more at 13p than I expect to be granted, as I am more positive about the prospects going forward than you appear to be but I am grateful for your views.

As for PSL time there was news from them about RBS etc. They might also need extra funds.

[buggy] 16/11/2016 08:50

Clocktower,

I do not want to panic people in LWRF so I will answer your question here regards how long LWRF will remain top of loser's board.

I will be greatly surprised if the share price settles very much above 16p. May take a week or two but there is nothing announced that changes the long term view. The company is till a money sink profitability is not in sight and they will need money again next year.
Business model is flawed,...etc etc..

Remember this is a personal view.

[clocktower] 21/10/2016 13:29

Darc award winners.

[clocktower] 21/10/2016 13:26

Darc award winners.

[clocktower] 13/10/2016 14:46

Your welcome buggy, I expect there will be a lot more positive news around about PSL before too long.

[buggy] 12/10/2016 16:01

Thanks clocktower for the links. Greatly appreciated as there are not much news on the ground.