Windar Photonics Share Discussion Threads

[jumbone] 30/3/2015 12:26

Tidy:

HNR is also fine... Still in HNR from their IPO days...All the very best

[jumbone] 30/3/2015 12:26

Windar Photonics

Innovative and disruptive low-cost LIDAR

-- Edison Research


Their Maximum target 242p


Windar Photonics’ admission to AIM provides investors with the opportunity to participate in the anticipated strong growth phase of this industrial technology company. Windar was created to commercialise an innovative low-cost, tower-mounted light detection and ranging (LIDAR) wind measurement system designed to increase wind turbine efficiency and reduce operational wear. With initial results showing that wind turbine energy efficiency can be increased by c 1-3%, payback of system installation can be as low as six months for a large 6MW system and around three years for the most frequently installed 1.5-2MW variants. Success will be determined by the rate at which new contracts can be won.

[tidy 2] 30/3/2015 12:15

Picked HNR over this guys. And Oex.

[jumbone] 30/3/2015 11:55

50% distributable profits to be given out as Dividend... WOW

As per their prospectus....

"The Board considers that the primary method for distributing profits to its shareholders will be by way of dividends. The Company does not expect to be in a position to declare a dividend in respect of the financial year ending 31 December 2015. Following such period, the current intention of the Directors is that the Group’s dividend policy will be to pay at least 50 per cent. of its annual net distributable profits (to the extent that any such profits are available for distribution) by way of ordinary dividends on an annual basis as a final dividend."

[jumbone] 30/3/2015 11:44

This looks really Fantastic:


All Figures in Units Except Revenue
2014
2015
2016
2017
2018


 
 
 
 
 
 


New Installations Market
27,900
26,600
27,800
29,100
30,500


 
 
 
 
 
 


Estimated unit sales in New Installation Market
20
160
1,110
2,330
3,660


 
 
 
 
 
 


Retrofit Market
139,000
166,000
194,000
223,000
254,000


 
 
 
 
 
 


Estimated unit sales in Retrofit Market
60
330
1,550
3,350
3,810


 
 
 
 
 
 


Total Market size of New & Retrofit Market
166,900
192,600
221,800
252,100
284,500


 
 
 
 
 
 


Total estimated unit sales
80
490
2,660
5,680
7,470


 
 
 
 
 
 


Estimated Revenue in mill GBP
0.94
5.74
31.16
66.53
87.50

[jumbone] 30/3/2015 09:46

Windar Photonics plc is a technology group that has developed a cost efficient and innovative Light Detection and Ranging ("LIDAR") wind sensor for use on electricity generating wind turbines.

LIDAR wind sensors in general are designed to remotely measure wind speed and direction.

The Company was incorporated on 6 May 2014 and owns 100 per cent. of the ordinary share capital of Windar Photonics A/S and Windar Photonics Inc. (together the "Group").

The Group's key product is the WindEye™ Sensor which measures wind direction and wind speed by scanning a laser beam ahead of a wind turbine. WindEye™ Sensor was designed for the general optimisation of wind turbines. Based on the Group's testing, it has proven possible for the WindEye™ Sensor to increase the power output of a wind turbine by approximately one to three per cent. and further reduce strain on vital components of the wind turbine.

The WindEye™ Sensor has been designed to have a multi-year lifecycle with limited maintenance other than the replacement of the light source every two years. Due to the use of a semi-conductor laser, the Directors believe that the Company is able to offer the WindEye™ Sensor at a lower cost compared to competing products whilst still retaining an attractive margin.

The WindEye™ Sensor was released for commercial sale at the end of 2013 and, in the nine months ended 30 September 2014, the Group achieved revenue of DKK 5.9 million (EUR 792,370) from delivery of WindEye™ Sensors for installation to a combination of wind park operators and OEMs.

The Directors anticipate significant growth in future order volumes. Initially, existing wind park operators (the Retrofit Market) are expected to constitute the majority of Windar's orders before being overtaken by those from turbine manufacturers (the OEM Market), who typically have to validate the product and carry out in-depth assessment of the supply chain. As China is a global leader in terms of cumulative installed wind capacity, the Retrofit Market potential in China is a key market for the Group.

The Directors foresee a positive trading outlook for the Company in 2015 building on the successful testing and sales of the WindEye™ Sensor in 2014. The Chinese Retrofit Market is a key target area for revenue growth in the near term where the Directors aim to capitalise on new and existing sales channels.

The Group is also committed to the development of new technologies for use in LIDAR wind sensors and will seek to complement and expand on its existing product offering where appropriate. The Group's main country of operation is in Denmark.

Shareholding Pattern:



Company Website:hxxp://investor.windarphotonics.com

Admission Document: hxxp://investor.windarphotonics.com/wp-content/uploads/2014/11/Windar-Photoncs-plc-Introduction-and-Admission-to-AIM.pdf

Selected slides from Investor Presentation:








































Selected Market Data:








Pre Admission Sales:

The WindEye™ Sensor was released for commercial sale at the end of 2013 and, in the nine months ended 30 September 2014,

Windar Photonics achieved revenue of DKK 5,879,000 (EUR 788,962) from delivery of WindEye™ Sensors for installation to a combination of Wind Park Operators and OEMs.

The Directors anticipate significant growth in future order volumes.

Pre Admission Customers:



Americas

Windar Photonics has supplied LIDAR systems to two of the top 23 Wind Park Operators in the Americas as at December 2014.

EMEA
Windar Photonics has supplied LIDAR systems to three of the top 17 Wind Park Operators in EMEA as at December 2014.


Asia
Windar Photonics, via its distribution partners, has supplied LIDAR systems to four of the top 23Wind Park Operators in Asia as at December 2014.


OEMs
Windar Photonics and its distributors have suppliedWindEye™ Sensors to four of the top ten OEMs in
the world.



Major Advantage # 1 : LOW Price



Major Advantage # 2 :

No moving Parts , so long product life & low maintenance

An estimated product life of 20 YEARS


Major Advantage # 3:

Global footprint.

Wind turbines being worldwide, Windar also has a global footprint.

With offices in UK, Denmark, 2 offices in US, In Toronto, Canada, Brazil, and in China


Major Advantage # 4:

Alliances and partnerships

6 out of the top 10 wind turbine manufacturers already use WindEye, the Windar's LIDAR

Windar has established partnerships with the biggest wind farm operators in the world.


Major Advantage # 5:

Widar's target market

Windar is targeting both the replacement sector & the OEM sector and are adapting their sales strategy based on local needs.


Major Advantage # 6:
WindEye sales are ind
ependent of Energy prices

Being extremely cost effective, and 70% less than competition, producing 3% additional power and reducing wind turbine wear by 12 %

If Energy Prices Go down... The wind energy producers would want to produce more out of their existing facilities

If Energy prices Go up -- the wind energy producers would demand more efficiency and trouble free operations from their existing facilities

So in both cases windar's market grows up