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big trade...
There have been some large purchases lately...
No posts for 7 weeks !! Someone must know something ....I have good feeling for this share and will check when next ' financials ' are due .
just got in from a morning spent in meetings, glanced at investegate for RNS's and tnipped over here to find you already in residence! Very interesting stock, this, by the looks of it. As liam points out, below, The line that stands out in today's RNS is '1m worth of orders in Apr/May alone' - and that for a company with an mcap of 8m! Now that's not bad. I acknowledge, absolutely, that 1.3bn shares is huge, but I suppose that's the problem with launching tiddlers - with a low floatation price, you need to sell lots to find your working capital. I presume once this establishes further, there will have to be a consolidation, so probably nothing to worry about. Definitely one for the watchlist, IMO - if not to buy now! OK, RSI a tad high, but MACD just turning for the positive. In terms of the future, at the rate they are signing up new contracts (12 on the Miramax back catalogue in last 5 weeks alone...), on top of operating efficiencies (recent redundant factory closure, reducing debt by 400k), plus a 'number of acquisition opportunities' in the pipeline, this really could be the time to strike. Bearing in mind it is 37% down on it's flotation price, the rate of expansion at the moment can only result in the sp moving one way. And just to really nail the prospect home, how many companies in this market (brand and product development specialists) have free access to the services of one of the top advertising agencies in the world? With Bartle Bogle Heggarty as a 13% shareholder, they are always going to be ahead of the opposition! Now, where did I put my wallet! Not a trade, but could be a great little hold!
Bluw received purchase orders and forward order confirmations from major retailers in excess of £1m in April and May alone. These included orders from Debenhams, Tesco, and Menkind, a website selling novelty gifts for men, across a wide range of Bluw products. In addition, Bluw has also received its first orders from HMV, WH Smith and Shop Direct Group.
Yep leave it... Has ticked to 0.63p to buy though.. Cheers for pointing out though Shan !
from their site: Number of AIM securities in issue: 968,179,450 Percentage of AIM securities not in public hands: 29.31% Significant Shareholders: ZAG Ltd: 18.09% Simon McGivern: 7.68% James Philips: 7.68% Nigel Wray: 10.12% Andrew Black: 3% weird I know as doesn't add up..but gonna leave it! good for the future though I think
the news is already out there, just that the acquisition is trading well, but LBB still operating at Loss! you decide
at 0.61, so probably leave it ?
How many shares are held, do you know ?
good rns but 1.3B shares in issue?
trade,not showing on l2....
Thank you ....the dearth of comment on this site [ 3 weeks since your response with nothing ] is surprising but maybe as a stock it just doesn't interest people ?!
yes think it will drift around the. 5 mark
Am I the only shareholder ?! Anyone have a specific target for this SP Iin say the next 12 months ? Regards
Help ...is there anyone out there or have the lites truly gone out ....?
No news , no shift in SP......anyone got interesting insights about opportunities ?What chance of this hitting 3 1 by mid year ? Thanks
Simon McGivern, LiteBulb Group Chief Executive Officer, commented: "The acquisition of Bluwstuff is a further step in our strategy of expansion both organically and by targeted acquisitions. "Given the similarities of the two businesses, the addition of Bluwstuff is a natural fit and it further positions LiteBulb Group as a leading developer of innovative branded products that are then distributed through an expanding network of blue-chip retailers and international distributors." "The strong support from respected institutional investors for the fundraising is a further endorsement of our strategic plan and growth ambitions," he added.
Litebulb, the AIM-listed support services provider, has entered into a conditional share purchase agreement to acquire Bluwstuff, a designer of products primarily targeted at the gift and toy markets. The initial consideration for the acquisition is 250m ordinary shares, with a further 125m ordinary shares dependent on various performance criteria. In the year ending December 31st 2011, Bluwstuff recorded turnover of £4.6m and a loss before tax of £1.6m. Unaudited financial results for Bluwstuff for the 11 months to November 2012 reported revenues of £4.1m, and earnings before interest, tax, depreciation and amortisation (EBITDA) - a frequently used measure of operating profit - recorded a loss of £2,000. Litebulb stated that Bluwstuff is expected to record a positive EBITDA for the year ending December 31st 2012. According to Litebulb, the acquisition of Bluwstuff would significantly enhance sales over the next 12 months and would be earnings enhancing before interest, tax, depreciation and amortisation. The acquisition is further expected to provide a number of benefits to the enlarged group, including creating a group with higher turnover and rapidly enhancing Litebulb Group's position as a provider of niche consumer brands and products.
As a result of higher-than-expected sales, the group received a re-order within only two weeks of the previous airing. Furthermore, the US QVC division is planning further airings in 2013 and is in discussions with the Company regarding sales of three additional ila product lines. McGivern added: "In addition, the success of our ila products with QVC in both Germany and the USA gives us great encouragement as we look to introduce the products into additional geographies. We look forward to providing further updates on the international expansion of the ila brand in the coming months
Simon McGivern, LiteBulb Group Chief Executive Officer, said: "Having only launched the Scootrix brand last year we are delighted to have received a substantial order from one of the UKs leading retailers. This is an excellent endorsement of the Scootrix product set and we are confident this deal will increase awareness of the Scootrix brand, accelerate product sales and further cement our relationship with Tesco." With over 3.5m children aged between three and 10 in the UK owning a scooter, the company has also seen increasing interest from retailers for its Scootrix scooter accessories and is currently in discussions regarding Scootrix with a number of major UK retailers, as well as in multiple overseas markets. Launch of ila and QVC re-order LiteBulb's ila DUSK personal alarm and ila door WEDGE alarm products have recently completed their first airings on QVC Germany, with stocks of the products having already fully sold out. As a result, QVC Germany has requested stock lists on other products within the ila range in order to capitalise on this initial success through further airings of ila products.
Litebulb Group, which provides product solutions from identification through to retail distribution, has received initial purchase orders from major UK retailer Tesco for its Scootrix range of children's scooter accessories. The firm also reported that it has received a re-order of its ila range of personal safety products for women from QVC in Germany after they received their first viewing on the shopping channel there. Tesco purchase orders The initial purchase order for scooter accessories that was received at the end of 2012 has been followed by a more recent and significantly larger order from Tesco for a number of its Scootrix products which will be sold both in-store and online and are expected to be on the shelves by March of this year.
why all the movement last week.lol....
In at 45 and this will be over 1p in the next few months.
trades on here this week..?....