Earlier this month, it was from ProPhotonix (PPIX) new laser diode ‘delight’, but it’s an RNS Reach… – I noting no financial information provided having previously questioned the company’s financial strength. Now another such announcement…
Earlier this week I cautioned on ProPhotonix (PPIX), new laser diode ‘delight’, but it’s an RNS Reach having questioned its financial strength. Now first half of 2019 results – and the shares currently at 2.25p, approaching 30% lower…
ProPhotonix (PPIX) is “delighted to offer this new laser diode, adding to the ever more comprehensive range of direct diode lasers available to our customers… with more than 20 years of experience in laser diode technology, ProPhotonix is well placed to support customers in identifying the best laser diode for their application”. What about financials though?...
Writing in November on LED systems and laser diode modules designer and manufacturer ProPhotonix (PPIX), I concluded the new products recently introduced taking longer than anticipated to gain traction don’t exactly inspire confidence in this jam tomorrow, and the shares are currently 25% lower in response, to 4.5p, capitalising the company at a bit over £4 million. With also the balance sheet position, still a sell. Now, with the shares at 3.6p, the 2018 results announcement…
ProPhotonix (PPIX), “a high technology designer and manufacturer of LED illumination systems and laser diode modules, with operations in Ireland and the United Kingdom, today announces a trading update for the 2018 fiscal year. Trading conditions remain positive”… So good news then?...









