This really does look good for a longer term play …………

The recent RNS of 12th June was very encouraging.

You can get a feel for the growth in Product sales from the trading update that was in the Investor Circular ……… Sept 2011 they sold about £64k worth ………. Sept 2012 they had sold £764k worth ……… and the margin is very healthy at over 40%, they say 48% but I think that includes £300k worth of royalties, which would have a higher margin.

They have already got some great retailers stocking the product from Amazon who are now stocking it direct to the Maplins in last RNS ……….. take a quick look back through the news releases ……… they have also managed to get the product into 400 CEF branches

“CEF are the largest specialist electrical wholesaler in the UK, accounting for approximately 20% of the specialist electrical wholesaler market. JSJS expects that the initial product rollout will be worth up to £250,000 of revenue over the remaining financial year. Should the product line be established, it is expected that this supply agreement could be worth in excess of £2 million per annum. JSJS continues to target other multiple and independent wholesalers which it sees as a major sector to achieve management's revenue targets over the next few years.”

Not in the RNS but on the JSJS website in the publication relating to the placing.

As previously announced in late 2012 the Company launched its new website with it partner LightwaveRF Retail Limited (www.lightwaverf.com), targeting electricians and consumers to offer an installed service. It started with a list of 50 registered Qualified Electricians with the target of achieving 1,000 registrants over the following 12 months. There was significantly better take up than expected and JSJS now has approximately 750 businesses registered and more joining every day. This has been achieved by general organic enquiries as well as a direct mail campaign. In total over 250 registrations have been achieved from the 2,750 direct mails sent targeting Manchester and London so far. This 10% return is above what could be expected from a normal direct mail campaign and management believes it affirms the attractiveness of the product suite. Further direct mail campaigns are ongoing with the objective of getting to the original 1,000 target in less than half the 12 months.

Following the start of the current financial year the Directors have restructured the business at an estimated annualised cost saving of approximately £350,000. Measures taken include inter alia:

• implementing new structures and role changes;
• logistics outsourcing; improvements in IT infrastructure / business systems; and
• creating variable cost based sales partnerships.

Looking forward, the launch of the lighting and electrical products commenced in January and the Directors’ believe that the new heating and alert products should be in production in the next quarter, supported by our new, much improved smartphone apps.

The Company will be releasing its interim results for the six months ended 31 March 2013 in the week commencing 24 June 2013.

Promo Video - http://www.youtube.com/watch?feature=player_embedded&v=8-7AC4on4w0

A small move up, every little helps.

What prompted the massive drop in the SP in March?

What is the benefit of JSJS compared to, say, MQTT over a powerline network?

Max, Think it got oversold.

RNS - Today

JSJS DESIGNS PLC

(AIM: JSJS)

Interim Results for the six months ended 31 March 2013

JSJS Designs ("JSJS" or "the Company"), the provider of innovative home automation technologies, announces interim results for the six month period to 31 March 2013.

CORPORATE HIGHLIGHTS

· Like for like revenue up by 48%

· Trading margins up from 32% to 45%

· Operating expenses down 6.6% with further savings in second half

· Successful fundraising

· Significant new product introductions

Commenting, Mike Lord, Chairman and CEO said:

"This has been a formative six months for the business with significant progress on our base revenues, improvements in trading margins and a real focus on right-sizing the administrative costs in the business. This together with significant customer acquisition of big brands, positions the company for further improvements in the second half and to set an expectation of profitability in FY2014".

For more, go to - http://www.investegate.co.uk/jsjs-designs-plc/jsjs/half-yearly-report/201306270700079575H/?fe=1&utm_source=FE%20Investegate%20Alerts&utm_medium=Email&utm_content=Announcement%20Alert%20Mail&utm_campaign=JSJS Designs PLC%20Alert