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2 holding RNS in one week and SP not moving?? She is building here but no buying.
Anyway, trading updates should be soon ? Or start to be wary about the delay
Or; they might decided to go for results in September straightaway without update. I don’t mind if its a nice surprise
Guys, buyback from where ? Cash at bank is less than 0.4 million? !
Any idea?
I feel next result will send it back to 100p easily, expecting at least 26 million of revenue full year with good profit, but until then how they will get the cash?
Last year was 11 July , already passed one month delay as of now. I think it’s about to land this week.
Any way, 20 to 30% increase from last year + Tiny profits will be good to send us over 120p + wining the rail contract again would be good and send us to 150+
I don’t see risk here mcap already collapsed
This is dated In December 2022. It seems yes back to 48p and going definitely to 100p.
Lifesafe (LIFS): 48p Target 100p
Another of the rather elite breed of IPOs for 2022, fire safety group seems destined to deliver as a leader in its chosen field. The strategy here was sound in that the company chose to lead with exploiting the domestic consumer regarding its StaySafe 5-in-1 fire extinguisher which can extinguish electrical, paper, textiles, cooking oil, petrol and diesel. The added plus is that it does this in an eco friendly way, something which has made the product a best seller on Amazon Prime. With this “every home should have one” product, Lifesafe has a solid revenue generating base to expand the footprint into the industrial area, as well as offering more products across the board for the domestic market. However, LIFS is doing well enough even with the present offering, with the upwardly revised its expectation of FY22 revenue to between £3.5m and £3.8m versus the previous £3m announced early this month. However, the big leap from the group for 2023 is going to be the newsflow associated with expansion into the wholesale and industrial areas. The big prize would be progress in the lithium-ion area, where as things stand when such batteries catch fire, the results can be disastrous. One only needs to think of laptop or EV fires to understand the scale of the problem and the unique position the company is to address a massive addressable market. Of course, investors in 2022 have not exactly been keen to give the benefit of the doubt to new concepts, even one as strong as next generation fire extinguishers. This is even though given how horrific EV fires can be one would imagine that fire extinguishers that can put them out would be mandatory as soon as they were produced. We are on the runway for such a scenario as earlier this month LIFS announced that it had made patent applications for a new fluid to extinguish lithium fires in lithium batteries. One would assume that Tesla’s Elon Musk, amongst other EV manufacturers will be taking note. In the meantime for 2023, with StaySafe 5-in-1 continuing to fly off the shelves and with the prospect of an expanded product roll out their appears to be little reason for LifeSafe shares to be trading below their 75p IPO price. Indeed, with only 22 million shares in issue it will take very little for the stock to squeeze back up from whence it came and beyond.
I ordered their product, really amazing.
Growing more than 70% this year. With profits in Q4
They got the cash + credit facility + institution investment
IPO price soon
Remind me Of Joureno when was 50p .