Led Hldgs Share Chat (LED)

Ive been invested here for 6 months as an average of 0.34p... Not got much invested as i want to see some sign of it breaking out of its trend... It really is a no brainer at these levels, its the timescales which i am unsure about. ATB

Dont blame you ive got 2 million of these babies and asive said before holding for 1p-2p did by buying between .29-.33 anything under .35 is a gr8 buy IMO .Sit and wait for EMC Street Lighting Hotel news and watch her multi bag !!!!!

The widespread adoption of retrofit LED lamps will create global energy savings worth US$100 billion over the next five years, according to IMS Research.

Although the use of LED lamps for general lighting is not currently widespread, IMS Research said that a rapid uptake of retrofit LED lamps will result in a potential market of more than four billion units by 2016. While adoption is currently driven largely by legislation, it is forecast to accelerate as consumers become more aware of the long-term savings that are attainable when compared with competing lighting technologies.

Ryan Sanderson of IMS commented, "The environmental impact that global adoption of LED lighting will have is colossal. Lighting accounts for approximately 19% of the world's energy use at present. IMS Research predicts that in 2016 around 15% of all lighting will be accounted for by LED, which would reduce global energy consumption of lighting by around 20%."

http://www.digitimes.com/news/a20120619PR204.html

Not brash at all mate. I agree with you. It has been frustrating here though with so little activity but with more news like today, people will get interested and the price will rise

Very good point. I only have 300k as most of my funds are in OPE and LEG. All my focus is on OPE right now as it has risen over past week ahead of 15 month results

The Board believes that the Group's expertise in the LED sector, as well as its focus on higher value added CREE, Inc. based products, can help the Group to focus on the niche markets such as LED street lights integrating with solar power supply and specialized power storage devices. In addition, the Board believes it is a positive indication of the Group's progress in the development of its higher-end LED products. The Group is developing higher value added LED products, such as LED lighting business and to focus on areas, for instance, Japan, where demand will remain strong.

Looks like the droves of people who sold over the past month could begin to regret it with this news appearing. IMO this has been sleeping for to long and this could be our time

The Group is currently developing and expanding its existing business through the development of LED energy saving lighting solutions by offering a series of LED light bulbs, LED spot lights, LED candle lights, LED par lights, LED tubes and LED panels under its registered trademark of "Green Pearl". The Group is in negotiations with a number of additional potential customers under EMC in the hotel, real estate, education and retail (bookstores, chain stores, petrol stations etc.) sectors and also with state-owned enterprises to supply street lights on a joint basis in some major cities in the PRC. In order to launch the EMC business model more widely, the Group is in negotiations with certain banks, both regional and Chinese, to provide debt financing. Further announcements will be made in relation to this at the appropriate time.

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EnergyPhilips calls on governments to switch on to LED opportunity inShare.3Two-and-a-half-year study finds light-emitting diodes could lead to energy savings of 85 per cent from street lighting aloneBy BusinessGreen staff
20 Jun 2012
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Ministers have been urged to develop an international low carbon lighting standard, after a major study across 12 cities found light emitting diodes (LED) used in street lighting could lead to energy savings of up to 85 per cent.

Electronics giant Philips, The Climate Group, and HSBC this week unveiled the results of a two-and-a-half-year study called Lightsavers, which undertook a series of trials to replace traditional lightbulbs with LED lighting in a number of cities, including New York, London, Kolkata, and Sydney.

It is a bargain indeed and we will reap the benefits in the coming months