Member Info for Sycric

https://carehomelighting.com

Interlinking with that has been happening the last 2 days at Health+Care Show.

Number Volumes Value
Sell 11 8,268,176 £22,392.46
Buy 5 3,416,613 £9,781.29

People clearly not feeling it today

We tend to get the Final Accounts at 7am, but if not why worry.
It doesn't take a lot of work to see where we ended up. We know the debt was reduced in Jan-18 with the sell off and Balance sheet was improved in May 18, only reason you would improve the balance sheet position is for contracts or take overs. Customer and buyers want to know the company is healthy. Balance sheet shows that. Even if FY17 accounts are not great they are improved dramatically in Half Year 18 (September 18 publication)

Few bags i reckon, the lighting is ours that we get fitted in the buildings, Tick.
The software installation is ours, tick.
The ongoing Subscriptions, tick
Once we have contracts and building installations, we should have a stream of cash coming from each one for the next few years. (Big upfront and small payments after)

https://drive.google.com/open?id=1xeFuKCCqgjiYcMA1BIXQHmK9NriU2FYe

Yeah that trade shouldn't be that low.

Well we should get the accounts this week and hopefully some operational update on halcyon. Regardless if either of those two weren't currently in play.. This company is so..... Cheap at the moment Imo.

I cannot see a real sell since 10am

The last 11 trades, 8.9m bought at Buys.

LOL the people that are there 3 days and act like they're there 3 years.

Just read this about the Halcyon Rollout, it's on the half year RNS.
"result in further roll out contracts during 2018."
That tells me they had contracts prior to these new potential ones, it can only be some of the clients mentioned previously on the trial. Regardless how many, it appears we have some for Halcyon and that's a start for me.

"Management remain confident about the market potential for the halcyonPRO2 TM and its halcyon cloudBMS platform. Progress has been slower than anticipated on finalising the cloudBMS product to customer requirements and it is now expected that this will occur in Q4 2017. However, several new trials for the halcyon cloudBMS platform are now underway which should result in further roll out contracts during 2018."

Too early for trolling.

Who comes up with this rubbish? How will it be the end of PSL? suspension? All crap!
I don't see them struggling for money.
They actually reduced group debt by £460k in Jan 2018, with the sale of Camtronics Vale Limited.
That worked out to be 55% of the group debt.That means group debt was £836k.
The remaining debt would be expected to be around £376k.

They did a Accelerated Bookbuild raise of £450k in May 18, with it helping with the day-to-day trading operations and yet again clear up more of the remaining debt.

"The New Share Placing will provide PhotonStar with additional working capital and will further strengthen the Company's balance sheet ahead of the proposed roll out of Halcyon V2."

Halcyon has gone through 925 versions, all the development costs of this would of been capitalised.
Salaries/contractors involved in it's development, software purchase, hardware etc.

"The Group has also released a new halcyonPRO2 software version v925"

James to roll out the product for money, "as a solution to customer" that means money!

“We expect that the completion of the testing of Halcyon V2 will allow the Group to progress beyond the various single site trials that we currently have in place and roll-out its products across multiple sites, as a solution to customers’ operational cost problems."

Well those who have left on the cheap, all the best in your life's :)

It is pretty tragic that it drops 10% today when i topped up yesterday.
Oh well though.... When this is at a penny i will be £34k up. I'll just have to sit on my hands till then.

Balance sheet should be in a better position now, with the recent raise to restructure and the sell off. This would hopefully be mentioned in the notes.

Would of got more bang for my buck.

destitute how does suspension come into this? I'm interested how you concluded this to be a possiblity.

People are probably more confident at stocking up at the bottom :)

I'm thinking 30th now also, hopefully comes out with something else. Get an update out, that's why they are leaving it till the Bell.

Big. Yeah I guess you can't haha, just when it starts to hinder my other positions. Confident in the share though :)