Member Info for LedZep

That late reported buy of 2.5m shares isn't one of yours Oilfinder - if you don't mind me asking?

IMO, all recent sells reported between 0.445 and 0.449 are buys. Little rascals !!

This rise (7-10%) will be small beer compared to how it will move when we get the good news for roll out, IMO. We are talking Halcyon recently released Version2, that is now described as a Building Management System, (not just Intelligent Lighting), but a whole suite of parameters that assist in the pro-active control of total building functions, that help to reduce maintenance costs by up to 90%. The potential market for this type of application should be immense, particularly when every retailer needs every cost control advantage to fight off the competition from On-Line shopping. This is not to mention the trials with the NHS and University accommodation blocks.

"Fastest finger first" - as Jezza would say. Got mine @ 0.41

"Fastest finger first" - as Jezza would say. Got mine @ 0.41

Bit of an artificial drop in bid price to try and shake some sells out of people (fear tactic), but they have few to sell to us buyers, so restrict supply. But as Matt says, when this approach doesn't yield enough the bid will go back up, as it just did as I type.

Just been quoted 0.377 to buy and 0.378 to sell !!! Got a few more. Trades on Nex look like delayed trades from last week all in the 0.43s and above. Some jiggery pokery going on.

Sp nearly hit 0.6 and then a dive to about 0.32 with news of V2 and placing for �450,000. It appears that quite a few saw the word placing and assumed the worst and ran for the door, expecting the usual drop to the placing price as the flipping commences. However, in parallel to the placing news was the good news of the release of Halcyon V2 with enhanced features of building systems control, which contributed to the bounce back to the 0.4s. The key question now, for me, is have all the flipping shares hit the market. The mms games have suggested that they have not got access to a surplus of shares, owing to them willing take large volumes for a lot of the time, and restricting the buying amount. In addition, the only block sells appear to have dried up after several 2.5m sells during Wed pm and Thursday and there have been no late trade bulk sells today. Could be, the residual placing shares are in safe keeping and the sp has found a consolidated base, and we are now waiting for the good news to arrive. Considering the volatility of the sp during the week (0.32-0.60), and we only had one significant profit taker in the last hour of trading today, (when normally, it's cashing out time for traders), this suggests to me that the only way is up next week, with or without news. PSL is now "not under the radar" any more, and many see the potential here, once V2 is rolled out on client sites. I was waiting for a little drop back into the high 0.3s for a final top up, but I guess I will be paying more on Tuesday.

Jeeeez. "Send three and fourpence, we're going to a dance" For you oldies out there

People were scared off by the placing, and there will be many watching this a little wary of the affect of the placing shares. Once that fear subsides this is only going one way. The 0.33 dip yesterday will be a low not to be seen again, IMO.

Unusually after a placing, it does appear that the placing shares are in sticky hands,IMO. Very little evidence today of blocks of shares being sold off, and they will take �7k off me at 0.385, but will only sell �1500 worth, not what you would expect if there was a background seller. All looking very promising, IMO.

Some not so hidden gems in the 7.00am RNS. We can now see why the "fixes" to Halcyon with the clients took so long, as they were not just fixes but serious product development. We have now moved from Intelligent Lighting solution to Building Management System, which, IMO, will continue to be developed, bringing in more building functions that need to be pro-actively managed into the Halcyon control system. The team must feel there is sufficient functionality in V2 to meet the immediate client requirements with further enhancements being specified for subsequent versions. Looks like revenue will be coming from a monthly subscription - just wondering if there would be any contribution to PSL from the cost reductions achieved ? The potential market for an effective Building Management System could be staggering with each version possibly being tailored to a particular business function i.e. restaurants, warehousing, retail,etc. The 0.3 placing does appear heavily discounted to recent sp level, but the sp has been volatile over the past couple of weeks and hitting a level that meets the company and placees needs would have difficult. Very much looking forward to how this is going to develop, not just in terms of sp, but for the company as a whole. Exciting times ahead, I feel.

This looks to be lining up nicely with the release of v2. Minor inconvenience with the placing but cash will be required to support the roll out of v2 IMO. Looks like the news of the placing got leaky (para 1 of RNS) and they had to announce it early and that may have affected the placing price. All the ducks being lined up here and who can't resist a top up in the 0.3s.

I'm SPARTACUS................................well, I think I am.

The sp has been hammered in recent months owing to the financial reports being quite poor, revenue, margins etc. and a need to raise additional funds. The revival in sp, imo, is about the future potential from the change in focus to providing intelligent lighting solutions - the trials of which we are eagerly awaiting results.

You gotta laugh at the mm shenanigans, with an artificial drop on the bid to 0.50. C'mon put it back where it should be.

Top of the risers board !!!

Very few sells despite the red ink @.475, plenty of buys going through NEX. Looks like shares are going into sticky hands waiting for news to drop.

Sales Administrators and Key Account Manager positions being advertised on PSL's website, so not a company thats hunkering down and minimising costs through a recruitment moratorium. Has the feel of one preparing the ground looking forward to the future. Could be an interesting few weeks ahead as H1 comes to a close.

Hamodeh: Fair question about why buy in now. The important thing to me is that PSL are at a pivot point in their strategic direction, with a change in emphasis to intelligent lighting solutions. Yep, revenues have been falling but this is from their traditional lighting fittings production and sales, hence the disposal of their production centre (Camtronics), and they have undertaken cost rationalisation to minimise costs. The way forward is with the Halcyon systems operating with the "Internet of Things" (IOT),which are being trialled in the NHS and Student Accommodation blocks. IMO, PSL must feel confident about the way forward and change in direction or else they wouldn't have disposed of Camtronics. The sp has been hammered owing to the poor results posted, as you suggested, but if/when a green light is given for the trialled systems (client funded), to be rolled out across multi-sites then there is a very bright light at the end of the tunnel for PSL, (Pun intended). Previously on rumours of successful trials the sp went ballistic, so if an RNS drops with the good news, I would rather be on the inside watching the scrabble for shares, rather than keep hitting the buy button repeatedly with no success. There are some wild suggestions of where the sp could go, but that's anyone's guess, but Imo, the market that could open up for PSL, with successful trials could be pretty big. I'm invested and happy to remain so for the potential returns.