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Lime Energy Co. Message Board

signonandshare 3 posts  |  Last Activity: Nov 9, 2015 8:15 PM Member since: May 30, 2000
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  • Reply to


    by ledguru19 Oct 23, 2015 11:44 AM
    signonandshare signonandshare Nov 9, 2015 8:15 PM Flag

    Last quarter LSCG reported 8/26. Based upon that date it would appear they will report the last week of Nov or early Dec.

    No need to bash anyone. This is a company that has only lost money and in fact they are quite typical for LED manufacturers. Look at TCP. They did their IPO about 18 months ago around $11 and now the stock is below a buck. There are about 100 Chinese LED co's that all lose money.

    It is a very difficult business. Incredible competition with an ever flowing number of better products. Simply getting rid of obsolete inventory is a nightmare. The big buyers can easily shift from one supplier to another while they drive down the prices they will pay.

    My guess is that the big investors in LSCG initially thought they could get Obama or the DOE to bale them out, but after the implosion of Solyndra and a few of the other darlings the Obama admn invested into blew up in their faces they stopped. This left LSCG holding a huge investment that they simply have never been able to fix. They keep injecting money to keep it alive, but now there are so many shares outstanding it is hard to get another player to buy them out. GE has been for sale for more than a decade.

    This is not bashing, but simply a reality check. Some of the initial hundreds of million dollars of losses by key investors were hopefully wiped out by capital gains elsewhere , but to state you are expecting a big turnaround in performance you have more faith than all the executives who have punched thru their turnstyles over the past 5 years.

    Maybe there will be a quarter that comes close to breakeven, but the LED market makes that tough to sustain. Ultimately smart people who keep throwing more and more investment into an impossible situation will say it is time to move on to a better opportunity.

    Keep your eyes on one equation: G/P must exceed operating expenses for survival.

  • Reply to


    by ledguru19 Oct 23, 2015 11:44 AM
    signonandshare signonandshare Nov 4, 2015 12:21 PM Flag

    Lighting Science has never surprised anyone. Their Gross Margin is less than 15%. Their operating expenses eat up any chance they have of making a profit. Their interest expense eats up half of their gross profit. The company has lost over $800M, but it does not seem to be a problem because Craig C or a company he controls simply issue more stock to raise the money to keep going. Maybe when the cumulative losses get to $1B the controlling powers will throw in the towel. The LED business has far too manufactures and most lose money. This keeps a lid on margins and also makes it a challenge to deal with obsolete inventory.

    The best part of this stock is if you have stock gains elsewhere it can help you with minimizing your taxes.

  • Reply to


    by ledguru19 Oct 23, 2015 11:44 AM
    signonandshare signonandshare Nov 2, 2015 11:41 AM Flag

    Does anyone know when the next quarterly report will come out?

3.091-0.042(-1.34%)Nov 25 3:03 PMEST