Trans-Lux Corp. (TNLX) research, news, and more from GeoInvesting

Company description

Wed, 16 Nov 2011 05:00:00 GMT

Trans-Lux Corporation is a leading designer and manufacturer of digital video display and LED lighting solutions for the financial, sports and entertainment, education, commercial, gaming and leasing markets. With a comprehensive offering of LED Large Screen Systems, LCD Flat Panel Displays, Data Walls and our Fair-Play Scoreboards, Trans-Lux delivers comprehensive digital signage solutions for any size venue's indoor and outdoor display needs.

Comments & Business Outlook

Sun, 18 Mar 2012 04:00:00 GMT

The Company continues to manage a plan to improve operating results. The plan includes a joint venture agreement with a People’s Republic of China company to establish a cooperative venture limited liability company in the People’s Republic of China to engage in research, engineering, development, manufacturing, sale and distribution of LED lamps, LED digital signage and LED lighting or similar products. The Company is pursuing new business opportunities in the LED lighting market with energy-saving lighting solutions and supplementing our established digital display and signage businesses with a highly flexible, cost-efficient and creative means for facilities to enhance their environments with LED lighting. The Company now features a comprehensive offering of the latest LED lighting technologies that provide facilities and public infrastructure with “green” lighting solutions that emit less heat, save energy and enable creative designs. The Company continues to seek ways to reduce costs of components used in its products and other expenses to improve sales margins, and continues to look at ways to lower overhead costs, such as compensation and benefits and has outsourced the human resources department in the second quarter of 2011. The plan includes partnering with an LED supplier and offering several new high resolution LED large screen systems. There can be no assurance that the Company will achieve higher sales, improved margins or lower costs.

Research

Wed, 16 Nov 2011 05:00:00 GMT

Just completed a meaningful restructuring plan to avoid chapter 11 bankruptcy. Looks like a new investor (Gameco) entered the picture to infuse capital into the company to help reignite growth and satisfy old debts. Will watch closely to see if the company can reverse its history of losses and return to profitable operations it once attained.