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A strong rise today, have we news tomorrow. An offer for Red Leg or news from the States?
MMs seem desperate to drop the SP
... turned negative on the day. Now we've had a trading update of sorts and the AGM is over, hopefully, our new CEO will buy a few shares on the open market.
.... time to buy then !!!
20 April 2017 LightwaveRF plc (AIM: LWRF) AGM Statement LightwaveRF plc ("LightwaveRF" or the "Company"), the proprietary IOT and connected devices specialist will hold its AGM at 11.00 a.m. this morning at the offices of LightwaveRF, Birmingham Science Park Aston, Faraday Wharf, Holt Street, Birmingham B7 4BB. At the AGM, LightwaveRF Chairman, Barry Gamble will make the following statement: "LightwaveRF’s UK distribution capability has been significantly improved with more regular orders now being received. The Company has also strengthened its customer support team to provide advice and guidance on LightwaveRF smart home solutions with more devices being sold directly to consumers. As a result of this, the Company expects revenue for the six months ended 31 March 2017 to exceed £1.1 million, up by about 60 % compared to the same period last year. In addition, the current order book for delivery in the second half of the year is already £1.6 million. After the planned increases in development and marketing spend, the loss for the first half is expected to be about the same as the equivalent period last year. We are also continuing the capital investment in our cloud platform. The LightwaveRF Alexa skill for the Amazon Echo product range continues to receive best in class reviews; a testament to our technology and product capability. The Company recognises that voice control has become an important growth driver for the smart home market, so the launch of voice control by other platforms should provide us with further integration and sales opportunities. Our newly appointed CEO, Andrew Pearson, has made good progress so far in refocusing the Company and is actively developing his strategy. The Company will provide a further update when it issues its interim results for the six months ended 31 March 2017, which it expects to release on Friday 19 May 2017."
Taken from the Jan 17 2017 Trading update "Given the strong sales in the period to date the Board anticipates that the results for the year ending 31 March 2017 will be ahead of current market expectations." Taken from todays trading update ..."The Company anticipates full year performance to be slightly ahead of the most recently updated market expectations* Unless I'm reading this wrong, todays TU looks a tad more optimistic than Januarys. I can't see any down side.
Well done Distil, wonderful news and continued excellent progress on all fronts.
Hopefully fcollowing the same patern as the previous 3 days this week: a fall early on then picks up late morning with a positive finish.
Sorry should have included the link: https://www.jdwetherspoon.com/drink/spirits
As of today Red Leg now being served in Weatherspoons. Celebrated with another top up.
£1.1 million working capital facility. ... looks like some large orders waiting to be announced. Santander must have confidence in Lightwaverf ... great news.
Just seen Blackwoods Gin in Booths Keswick store. Booths have around 28 stores predominantly in Lancashire and Cumbria.
Sorry should have checked. Nevertheless a bit of good publicity.
From yesterday 18th Feb http://www.birminghampost.co.uk/business/business-news/birmingham-business-clinches-175000-deal-10912148
Up 15.63% ... Been slowly rising this week on few if any buys. Now NT buys only. Something in the air :-)
Up 15.63% ... Been slowly rising this week on few if any buys. Now NT buys only. Something in the air :-)
Presuming the required ".. modifications and developments .." can be undertaken quickly, then overall this is a positive RNS. Plenty of positives and Megaman sales are progressing well.
Not many recent reviews, but on Play Store they are getting better .... even a 5. Hopefully the gremlins have been sorted out.
Excellent news.
37 346 buy @ 40.00 ... £14.97k