Member Info for LedZep

Applegarth:
You mean something a little like this:

"Progress has been encouraging as we have now installed a number of commercial trials. The product appears to have been well received but it is taking customers much longer to move from trial to deployment than was anticipated. Although nothing can be guaranteed, we are expecting to receive orders for full scale deployment by the end of 2018 and will update the market as these occur."

As per the Half Year Results Update

Derek ...? Who's Derek...? ( In a scouse accent)

Apologies.....not much on telly

Recent blog from Iceberg:
https://twitter.com/IcebergShares

Dave:
Must admit the NHS news is a little disappointing but as already said, we don't know specifically who PSL are talking to.
Taking comfort from the date of the LUX release is the 26th Sept. and we had an update on 31st Sept stating that contracts are expected by the end of the year.
To my mind, if there was significant bad news for PSL amongst this, our expectations would have been managed down via the Half Yearly update, with suitable spin about seeking out new clients etc.
So, IMO a dent in confidence but nothing below the water line.

What I find most disturbing are the lengths that some individuals will stretch to, to try and manipulate the market.
To basically create fraudulent news ( less drop the trendy, cos it's more acceptable "fake news") is crossing a legal line and should be stamped on by the relevant authorities, easier said than done, I know.
Very difficult in this anonymous, here today, gone tomorrow world that the likes of Twatter, Fookbook et al, have allowed to develop.
Never looked at the recent PSL job adverts, that appeared somewhere, I assume they were created by the same warped minds that manipulated the LUX news.
See what the next three months brings.

https://audioboomplc.com/wp-content/uploads/2018/10/Q3-Trading-Update.pdf

" Placing shares started today" You sure this the right bb........or needs explanation!

Applegarth:
Lets not be creating false expectations, because they could gain traction, and that's not fair to new investors IMO.
The half yearly stated:
" Halcyon V2 for which we are expecting to receive orders for full scale deployment by the end of 2018."

No mention of this month as far as I can see, but feel free to point me in the right direction, in case I've missed it.

From Chairman's statement and comment on financials:
"Based on the current budget, the Company should have adequate working capital through until the end of June 2019."

Agree with your point on clarity, Destitute, and things are moving very slowly. However, PSL are dealing with government funded organisations, NHS, Education etc and I would think the decision making and due diligence processes move at a glacial pace, with their committees and decision groups.
So, IMO, it is frustrating, particularly the lack of news since V2 was released, but I still have faith, mainly because the approach to providing Building Solutions was a strategic change, along with the sale of Camtronics, and the BOD must have confidence and be very committed to making this work.
There may be a raise of funds but it could be done on the back of the release of good news, as previous placing, which would soften the blow.
The recent dip in sp is pretty tempting though.......

A bit of a "holding" RNS, IMO, with emphasis on transitioning the company to be a business control solutions provider, with encouraging statements re: deployment of Halcyon.
"... Halcyon V2 for which we are expecting to receive orders for full scale deployment by the end of 2018."
In addition :
"As a result of increased demand for our circadian lighting products in the health care sector, the revenues for 2018 are expected to grow for this business"

It is taking longer for the transition to materialise and more patience is required, but from the present sp levels there could be a good return.

IMO we seriously need some positive PR ( conference calls/interviews etc) to reiterate the Sound Energy journey, over the past few years and to clarify the detail on the plans going forward re: 3 planned drills, gsa, FID etc., hence my Email to James last night.
JPs earlier "over excited" approach, has been criticised (rightly so, IMO), but the more recent conservative approach, I feel,has been too much of a swing to the opposite.
For a geoscience deep dive to be a trigger for the recent fall in sp (40 to 34), is a gross over reaction, but I think it shows that owing to JP's earlier exuberance, some/many have over committed, in terms of investment, and realise the next drill result is crucial, and are getting nervy.
I feel that that there is a key piece of the jig-saw waiting to be introduced here, prior to spud or drill result, hence the laboured analysis and preparations over the last 9 months or more, which IMO is GSA based.
Delicate balance of keeping the punters entertained with some progress whilst negotiating a key factor for the company's development.
The only way is up (I hope)

A regular stream of Half Year Results coming out today and I'm pretty sure PSL's will be amongst them. To report on the last day is not unusual, so no need to panic IMO.
We will have to see what the content is though.

I Emailed JP last night with a few questions, with the main one being around PR.
I explained that many appreciate the background work being undertaken seismic analysis, modelling, setting up agreements etc.
I asked if it was intended to push the PR a little more to get the message of Sound Energy and it's future plans to a wider audience.
He responded late last night and said that they would start with an old fashioned conference call on/ around Oct 15th and will also go back to the video interviews.

So, its all been a bit turbulent recently, but looks like some PR to come and opportunity being made to ask questions.

Posted the following the other day:

Curious synergy between the apparent sells of:
1) 14.06 - 375000 @ 38.26
2) 14.06 - 461878 @ 38
3) 14.17 - 2500 @38.1165

4) 14.17 - 839378 @ 38.1165

1), 2) and 3) average out at...... yep, 839378 @ 38.1165
--------------------------------------------------------------------------------------

So have we had two large sells of 839378, which would be a massive coincidence, or are JP/Trading Plan shares being mopped up on an organised basis, with nil spread.
Or is it just the MMs sprinkling their fairy dust and creating magic.
Don't fully understand the machinations of what could be going on here, maybe the greater mortals could shed some light.

Curious synergy between the apparent sells of:
1) 14.06 - 375000 @ 38.26
2) 14.06 - 461878 @ 38
3) 14.17 - 2500 @38.1165
4) 14.17 - 839378 @ 38.1165

1), 2) and 3) average out at...... yep, 839378 @ 38.1165

Big block of shares changing hands, perhaps. Not sure whats happening, could be things are being sorted for a push forward for the drill.

Interesting to see a stream of chunky sells at Echo this am. and a stream of chunky buys in Sound.
Coincidence??? I wonder....

If we have given up scraping the barrel bottom and have resorted to throwing the barrel away, then things are getting really desperate here!!!!!!!!!!!!!

God.......... it must be a slow market on my watchlist, today

Destitute:
If there is to be a mini rise to 0.25, wouldn't it have been better for you to wait and sell out at that price, rather than selling yesterday at something less?
Or are there other rainbows to chase?

Hi Dave:
Welcome to the PSL bb with your debut posts and your summary pretty much echos my thoughts on the company.
I would add that the company has recently changed its strategy from being dependent on the LED products to being more control systems led, which in my view will take a little time to accomplish.
If/when the initial roll-out contract appears then the momentum will start to kick in. There are many questions that could be asked regarding the trials, timescales, support for roll-out, financing of roll-out etc, but it does tend to boil down to confidence in the company. You either have it or you don't.
The fake news often put out on Twatter hasn't helped, and apparently is ceasing to have affect.
A few have sold out this week and have provided an opportunity for cheaper shares for some, myself included.
Patience, IMO, is a necessary commodity when investing, but you see less and less of it in this "I want to be entertained now" age, in which we live.
"Oh Well....." as Peter Green/ Fleetwood Mac would have sung

A few small trades have gone through on NEX, but all looking a bit dubious, after many dull days, then followed by Twatter news and a small flurry of buys.
All looking a bit pumpo dumpo, IMO..................but you just never know.
Well, if there's no positive news in the next day or so, then we do know.