Share Name Share Symbol Market Type Share ISIN Share Description
Prophotonix LSE:PPIX London Ordinary Share US7434651060 COM SHS $0.001 (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 8.75p 8.50p 9.00p 8.75p 8.75p 8.75p 6,000 08:00:00
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 13.2 1.0 1.2 7.5 6.66

Prophotonix Share Discussion Threads

Showing 201 to 225 of 225 messages
Chat Pages: 9  8  7  6  5  4  3  2  1
DateSubjectAuthorDiscuss
20/8/2017
00:14
Https://www.investegate.co.uk/prophotonix-limited--ppix-/rns/grant-of-options/201706060700042006H/ "The plan performance is measured annually and over the three-year period ending December 31, 2019 with vesting at various levels based on performance; vesting levels range from zero to the maximum as shown in the table above." Does this mean the exercise price is fixed at $0.2385 (18.25p) but subject also to achievement of various levels of growth in EBITDA over 3 years to 31/12/199?
wilmdav
18/8/2017
07:58
look idiot, they're protecting themselves from being taken over on the cheap.
greedy rooster
18/8/2017
07:24
hTTp://www.law.columbia.edu/sites/default/files/document-library/clsbsbdl_document/files/regulation_s_selling_and_transfer_restrictions.pdf
buywell3
17/8/2017
21:41
It's a preparation necessary for SIXH to sell their holding, should they ever wish to do so, or for the company itself to issue new shares. Given that SIXH aren't in a great state, they're probably looking to raise some cash by selling. Less likely that the company itself would use it to issue new Reg S equity, but who knows. The announcement should certainly have better explained the reason.
briangeeee
17/8/2017
18:53
Re the RNS .. Is this yet another way that the BOD are awarding themselves ? Restricted shares refer to shares of stock whose sale or acquisition is subject to specific restrictions laid out by the issuing company and agreed upon by the eventual owner of the restricted shares. This means that the restricted shares issued by a company are not fully transferable to the person receiving the stock until certain conditions or restrictions are met. Once the restrictions or conditions have been satisfied, the stock is no longer restricted and can be transferred to the intended person receiving the stock. These restricted shares are normally used to offer employees alternative compensation beyond their salaries. When a restricted share is issued to an employee in the form of employee compensation, the conditions that need to be met are normally based on continued employment for a specific number of years or the achievement of particular milestones, such as earnings goals or other financial targets. When it comes to startup companies that normally offer restricted shares in the form of stock option grants, there are normally very specific conditions that must be met before an employee owns any restricted shares. The shares can be restricted by a predefined time period, known as a vesting period. This entices an employee to stay with the company for a longer period of time as he waits for his options to vest and become unrestricted, normally over a four-year period. The shares can be restricted by a double-trigger provision, meaning that an employee's shares become unrestricted if the company is acquired by another and that the employee is fired in the restructuring. The shares can be restricted by a market standoff provision, which restricts the sale of shares for a certain period of time after an initial public offering (IPO) to stabilise the market price of the stock.
buywell3
17/8/2017
09:07
I've never seen this before, so struggling to fully digest it. However, some initial thoughts. It doesn't appear to be dilution as 22M shares are being transferred to Restricted Stock - if so, who currently owns the shares that are being made Restricted? The Restricted shares limit hedging. Would this include shorting or loaning for shorting? Does PPIX suffer from a large short position? Restricted shares cannot be sold in the US or to a US person. This potentially reduces the opportunity for a take over from a US company. Are PPIX concerned that they might be taken out? At a guess, this looks like a move to reduce volatility in the share price going forward. And/or to protect against US take overs?
skirbell
17/8/2017
08:33
Anyone got any comments on the rns?
rcturner2
20/7/2017
08:06
Strong trading in the photonics division at IQE bodes well for PPIX. We've invested future growth and can sit back and enjoy a return on that investment over the coming months.
greedy rooster
19/7/2017
08:06
I take it you didn't sell well.
greedy rooster
18/7/2017
16:37
Yes but if you can't even get the name right in your header Who is going to take any note of what you say ? This is a very basic error and shows lack of attention to detail ......... 4/10 ProPhotonix....... Lighting the way ahead
buywell3
18/7/2017
16:12
Good to see solid volume today, edging back up - still cheap and up for sale as far as I'm concerned.
greedy rooster
17/7/2017
07:48
Re ''However, sales, general and administrative (SG&A) costs in the second half of 2017 are expected to increase due to the award of stock options, as announced on June 6, 2017. These stock option awards are predominantly performance based with vesting tied to specific management objectives. These non-cash stock compensation costs are expected to amount to approximately $100,000 per month based on the market value at the time of the awards'' 1. How long are the monthly $100k stock option awards , (linked to shareholders buying PPIX shares to push it to 18.5p), going to go on for ? 2. These awards are going to punish shareholders for buying PPIX shares and raising the share price because they will result in dilution to shareholders. 3. How does the awards of these 100K a months stock options unknown time limit) impact upon sales,general and administrative (SG&A) costs ? 4. When does/did the $100K stock option award start ? 5. What share price price will trigger another round of these stock option awards to punish shareholders for buying PPIX ?
buywell3
14/7/2017
11:50
Oh dear You have been forwood (cursed). Call the funeral director.
captain of the titanic
14/7/2017
10:29
What, trading in line with expectations 'kills' your potential investment - good luck!
greedy rooster
14/7/2017
10:07
Its always a danger to have a few customers making up a large proportion of sales. I worked for a small company where 20% of orders for two years were from one customer who had a one off product. When that stopped it suddenly made our sales look very poor and we lost the supplier contract. A typical use of the laser diode is as a robotic sensor - essentially it switches on/off when the robot reaches the home position or the edge of its movement. Many other similar sensing applications too. Without knowing the product that was replaced with different tech its impossible to know whether this was a one off loss or if its now outdated (I'd tend to think the former) My concern here is that the company is being run for the benefit of the directors rather than the shareholders - its fair to say this update has killed my potential investment, but good luck to those that remain.
dr biotech
14/7/2017
09:43
Cobra products due for sale from Q3. This puppy looks fine.
greedy rooster
14/7/2017
09:31
Even with the loss of the customer, revenue was up 4% in the period.
rcturner2
14/7/2017
09:29
Now that the price of PPIX shares has fallen from 18.5p (early June) to 8.5p, the award of 12,870,000 options at 23.85c, say 18.5p, does not seem such as generous as it did. The treatment of this award in the Profit & Loss account should presumably be calculated in accordance with some formula in which one factor is the average share price during the accounting period. PPIX indicate a figure of $100,000 per month; will this relate to the last 6 months of 2017 or the whole year ? Unless the share price recovers soon, the average for 2017 is unlikely to exceed 10p, say 13c, in which case a fair value for the award might be 1c per option, say $128,700, and would be the charge for the full year and not just one month. So I find the $100,000 per month figure perplexing. This is not, of course, a cash charge; it is just an unwelcome reduction of the share of profits going to outsiders like ourselves. The increase in expenditure on R&D and sales and loss of an important customer will affect our cash flow this year and seem more important than the award of options.
varies
14/7/2017
09:14
People selling? Why?
cezary2
14/7/2017
08:11
Down 31% on £13k worth of trades!! Completely unjustified and unfair
pauliewonder
14/7/2017
08:08
Trading in line, stock down 40% so back to a p/e of 6.
greedy rooster
14/7/2017
08:04
What is the alternative technology ? anyone know ''a decrease in sales to one large customer that converted to an alternate technology in the second quarter of 2017'' Could prove interesting, I will investigate
buywell3
14/7/2017
07:48
I agree with greedy roosters comments earlier, I think the for sale sign is up and they are giving cheap shares to mates first. Will be sold shortly.
pauliewonder
14/7/2017
07:42
hTTp://www.prophotonix.com/investors/Corporate-Governance/Board-of-directors.aspx This could cost $600K by the year end could it not ? ''These stock option awards are predominantly performance based with vesting tied to specific management objectives. These non-cash stock compensation costs are expected to amount to approximately $100,000 per month based on the market value at the time of the awards, which has risen threefold since the beginning of the 2017 (from 5.75p to 18.5p)'' and for what ? Orders for the second half with additional sales staff are up a measly $300k on last year I am ok with the award of share options , which were recently awarded at 18.5p , which meant the BOD had to get cracking However they have a fall-back to pay themselves now $100K a month Is that TOTAL for all of the BOD and for how long does this last ? Not Happy
buywell3
14/7/2017
07:28
Not the greatest trading statement. Lost a large customer...I did mention a while ago that some customers account for a large percentage of sales which is not a good position to be in. Paid off debt though, something I like to see.
dr biotech
Chat Pages: 9  8  7  6  5  4  3  2  1
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