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Thursday, October 22, 2020

EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) Penny Stock On the Move

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EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) is a micro-cap player in the lighting space that serves as a very interesting case at present. The stock has been flying of late, and yet we haven’t seen a news item or press release related to the company for over two years. All we see are timely filings from this pink sheet company over the past year, which show, among other things, sequential quarterly revenue growth of 300% as of last reporting.

As far as the action goes, traders will note just under 990% during the past month in terms of shareholder gains in the stock. Market participants may want to pay attention to this stock. ELED is a stock whose past is littered with sudden rips. In addition, the name has witnessed a pop in interest, as transaction volume levels have recently pushed 93% beyond what we have been seeing over the larger time frame.

EXELED HOLDINGS IN COM USD0.01 (OTCMKTS:ELED) trumpets itself as a company focused on acquiring and growing companies that provide specialized LED lighting solutions to the architecture and interior design markets.

The Company is headquartered in Wheat Ridge, Colorado. Its first wholly owned subsidiary, Energie LLC, is currently targeting the multi-billion dollar architectural, specification-grade lighting fixture segment of the North American lighting fixture market with innovative, differentiated LED lighting products. ExeLED Holdings is continuing to identify and acquire other companies that have proven expertise in LED technology.

Targets include: Lighting fixture manufacturers that complement the Energie LLC product offering, LED component manufacturers who own solid intellectual property, and Internationally recognized consulting firms with experts in the current and future direction of LED technology.

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Here’s the big question: Why is this stock suddenly – out of the blue – seeing some major gains? What has changed from a month ago?

The fact is, with a stock like this, it’s often hard to say. One of the biggest mistakes novice traders make is to assume a frame of reference as an important input. For example, if you look at XYZ when it is at $1/share, and then you see it two days later at $1.50/share, the novice instinct is to see a press release saying, “XYZ announces it has acquired a candy bar”, and then try to short the stock. The fact of the matter is, the $1/share price may have been the market error, rather than the $1/50 price, and the headline is neither here nor there.

In this case, we are not going sit here speculating about some kind of major announcement waiting in the wings. If there is a big problem here, it’s debt. Everyone knows that. The company has five grand on the books in cash against over $13 million in current liabilities. That’s a heck of a problem to deal with. But we are also seeing a stock in a true growth market.

LED technology is not yesterday. It’s tomorrow, from what we have seen in our research. And whether or not this company is going to truly be a part of this conversation is the question, not whether or not LED tech is going to be a big deal over the next 3-5 years. On that score, as noted above, we are seeing sequential quarterly growth.

As the company notes in its recent 10-k, “During the years ended December 31, 2016 and 2015, the success we did have was with unique and LED products in several market segments. In particular we experienced demand in education, commercial office space, large multi-unit luxury residential and health care. Education was especially strong with activity across the spectrum of K-12 as well as public & private universities. We expect this trend to continue throughout 2017.”

Currently trading at a market capitalization of $7.1M, ELED has virtually no reported cash on the books, which compares with about $8.5M in total current liabilities. One should also note that debt has been growing over recent quarters. ELED is pulling in trailing 12-month revenues of $439K. In addition, the company is pulling in sequential revenue growth of 303%, despite y/y declines of -11.6%. The argument between these data points captures the drama of this stock right now quite nicely. We will update you on this fast moving story. For continuing coverage on shares of $ELED stock, as well as our other hot stock picks, sign up for our free newsletter today and get our next hot stock pick!

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