Investors should check out the potential offered by LED. A small Chinese company who raised a mere 500k for the purpose of obtaining an AIM quote for future aquisitions. Interim figures due out in Feb. Shares currently 18/19 Up 14% last week. Am expecting the price to move to mid 20s by Jan 07 and a lot further by this time next year. Will benefit from Olympic Games business

When Half year figures are released in Feb, the market will start to take more notice.

regards
SM
E mail stephanie.speculator@gmail.com

Agree with you Steph, and suspect the next couple of weeks will see a slow crawl up with the SP.

There's 7% today !

FV.
I see this share an awful lot higher than the current 16p after the Interim results.
LED is the light of the future

I agree,

have been looking towards led technology, replacement savings and efficiency will soon catch on in lighting market, this solar power and thermo-electric chips are probably the future

This share could, and probably will double within a few days of their next (interim )results

When are the next interims can't find any info

....Mid to end of March, but the exact date is unknown as yet.

Quite elusive these interims? Can't see that they are out this week. Chinese stock, does make you wonder about accounting procedures

What is the latest on LED does anyone know?

Are you still...........uh, bullish stephanie m.......... if you can excuse the metaphor?

What is the latest on LED does anyone know?

Are you still...........uh, bullish stephanie m.......... if you can excuse the metaphor?

Well, here are two different views from AFN :


**************************************************

Aleman - 4 Jun'07 - 16:31 - 2937 of 2938

I bought in today. With annualised pretax profit around HK$35m (c. 2.5m) if there is no growth and no exceptionals for the acquisition, and good asset backing around 7m, and pretty good cash generation, they look to have plenty of upside potential in the next year or two, even if this year turns out to be more steady as she goes until some bigger contracts are won. Can't imagine them going lower without bad news anyway, and see no reason to expect any.


******************************************

PapalPower - 4 Jun'07 - 16:43 - 2938 of 2938

What about the half payment of the acquistion through shares.........at which they have given no guidance on what the issue price of the shares will be for the 50% payment.

With no guidance on the issue price, its impossible to predict the "new" total amount of shares in issue, and thus impossible to predict EPS figures.

They also failed to say that the acquisition will be "earnings enhancing".

There are a number of reasons why the price is presently weak, and in fact could get weaker. It may, and it may not - but its speculative at present imv.

PP, just looking casually at this and thought I'd throw in my two penn'orth.

I don't know what RNS you were reading as the deal is at least said to be earnings enhancing (highlighted below). Agree with you about the number of new shares to be issued, though.

LED International - Acquisition

RNS Number:8718V
LED International Holdings Ltd
01 May 2007


Immediate release 1 May 2007


LED INTERNATIONAL HOLDINGS LIMITED

('LED International' or 'the Company')


Acquisition of

KEPU ELECTRONIC TECHNOLOGY (SHENZHEN) COMPANY LIMITED


LED International, the AIM listed (LED.L) manufacturer of LED screens and
related products, today announces the purchase of the entire issued share
capital of Kepu Electronic Technology (Shenzhen) Company Limited ('Kepu') for
the total consideration of RMB 30 million from Sun Wah Enterprise Investment
Holdings Limited ('Sun Wah').


The acquisition will be paid for with a mixture of cash and shares, with RMB 15
million in cash and the balance in LED International ordinary shares.


Kepu specialises in the research, development, manufacturer and sale of its own
brand opto-electronic products, such as LED modules, LED unit boards and LED
bar-screens, which are used in consumer electronic goods such as
air-conditioners, microwave ovens, conventional ovens, refrigerators, washing
machines, fixed line telephones, etc. The top customers of Kepu include several
PRC based large white-goods manufacturers along with two global consumer
electronic manufacturers.


It reported profits before tax of RMB 6.47 million on sales of RMB 36.6 million
in its unaudited accounts for the financial year ended 31 December 2006. As at
31 December 2006, Kepu had net liabilities of RMB 3 million.


The acquisition of Kepu is conditional on the PRC government approval being
obtained by LED International, a process expected to take somewhere between 4 to
6 weeks.


Ka Lok Jim, CEO of LED International, commented, 'The acquisition of Kepu is
part of our strategy to expand the product range and broaden the customer base
of LED related products. Kepu will provide us with synergistic benefits to the
enlarged group as well as help in the geographic expansion of our businesses.
The enlarged group will show an enhanced financial performance in the next 12
months arising from this acquisition.'

The RMB/Yuan is worth 15.13 to the 1, so the RMB 6.7 mil = 427,000.

EDIT (Figures corrected) Current PE for LED on existing earnings appears to be around 6.4 if we assume that FY earnings will be double that of the half year and will therefore be (HKD cents 10.4 x 2) = 20.8. Divide by 15.5 (no, i haven't got the HKD confused with the RMB; the rates are similar) to get the Sterling rate which is 1.34p EPS.

Net asset/liability position looks okay. Given that the SP has already been hammered on the back of what was a cautious statement (rather than a negative one) in the interims, along with the fact that the co is profitable, there could be surprises to the upside if those big contracts can be landed successfully.

In fact I'd say that given that we've only got a few weeks of the current financial year left (LED ends its FY at end June), the news could be good for 2007-2008 if those contracts are signed after the current year end.

Could be worth a punt if you feel happy about the risks. PDYOR, etc.

Interim results as at 31/12/06 showed turnover of HK$55Million and trade receivables of HK$40Million hope they dont have problems collecting their debts. Always difficult to understand chinese company accounts as often there is a great deal of inter company accounting going on. Big contracts =s bigger exposure to single debtors.

good point.

Not surprising given the price action :

RNS Number:8721Z
LED International Holdings Ltd
09 July 2007


LED INTERNATIONAL HOLDINGS LIMITED
("LED International" or "the Company")

Trading update


LED International, the AIM listed (LED.L) manufacturer of LED screens and
related products, today announces an update to its trading activities ahead of
its close period for the full year to 30 June 2007.

The Company reports that it expects to declare a profit before taxation for the
full year in excess of that reported in the interim results on 30 March 2007,
although it will be materially below the current market expectation. Whilst
remaining profitable, the Company has witnessed a weaker second half
performance, compared to the first, mainly due to delay in the completion of a
significant contract. In addition, the Company intends to move it manufacturing
facilities in November of this year to a new site, however it does not expect
this to have a significant impact on its performance.

The acquisition of Kepu Electronic Technology (Shenzhen) Company Limited
("Kepu"), announced on 1 May 2007 is progressing well and is expecting to be
finalised shortly, once government approval has been obtained. Kepu will bring
to the Group an expanded LED product range, a broader customer base and adds new territories to the operations.

Ka Lok Jim, CEO of LED International, commented, "Trading for the first half of
the year was good, but due to problems associated with a delayed contract, the
performance for the second half was disappointing. With the acquisition of KEPU,
and other projects in the pipeline, we remain positive for the future."

Something might be stirring ? 500K MM buy just then

have advfn got it wrong as it list the mkt cap at over
200 odd mill quid?