Top aim spec tip for 201711 Jan 2017 10:12
LightwaveRF
, WH Ireland analyst Eric Burns has a speculative 'buy' for us.
LightwaveRF (LWRF), which makes a range of intelligent dimmers, radiator valves, sockets and sensors, strengthened its balance sheet with a £2 million fundraise last year.
"This gives it the resource for a concerted marketing push for its extensive range of products encompassing heating, cooling, lighting, ECO and power in a fast expanding market," says Burns, who believes a strategic tie-up with larger partners could be transformational.
"Whilst forecasting Lightwave has been difficult in the past and we have no estimates for the current year as yet, there is material speculative upside in the share price."