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DET Deltron Elec.

262.25
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Deltron Elec. LSE:DET London Ordinary Share GB0002618410 ORD 5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 262.25 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 262.25 GBX

Debts.Co.Uk (DET) Latest News

Real-Time news about Deltron Elec. (London Stock Exchange): 0 recent articles

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Top Posts
Posted at 26/10/2005 15:23 by ansc4495
Well, oh Wise-one, if you are unable to put it into words, how about printing a ONE year chart - I'm not interested in DET just your beloved EKT.
Posted at 26/10/2005 14:11 by fusebox
Plenty of bailing out of Deltron today at under the offer price. Abucus share price dropped away. Abucus has high debt another reason for Deltron not wanting paper!!!

I reckon many shareholders will switch to Elektron now its a far better story an outlook.
Posted at 26/10/2005 09:30 by ansc4495
That remark must have made a few posters laugh, oh Wise-one.

Could you explain why DET's price is still going up Master when, according to you, everyone's dumping their stock? I'm really confused now!
Posted at 26/10/2005 08:00 by fusebox
No this is good news u see it puts a far higher value on Elektron now!

This thread was set up to compare the 2 companies...now Deltron says... "The Deltron Directors estimate that Deltron's profit
before tax, goodwill amortisation and exceptional items will not be less than
#2.5 million for the financial year ended 30 September 2005. The Deltron Group
intends to announce its preliminary results for the year ended 30 September 2005
on or around 22 November 2005."

The offer values Deltron at £28 million!

Now Elektron is forecast £2 million for this year however Deltron has masses of goowill and debt.

Tsking all this into account Elektron must be worth at least the same.

EKT's market cap is about 11.5 million that sais we are looking at 2 to 3 times the share price.

Going forward the prospects are far better for Elektron as they will be driving profits forward the next few years. particularly as they have created a new division.
Posted at 25/10/2005 11:18 by fusebox
From sharecast (still down 20% on year) ...

Date: Tuesday 25 Oct 2005

LONDON (ShareCast) - Deltron Electronics roared into action today after the electronic component distributor confirmed that it was in takeover talks.

"The board of Deltron notes the recent movement in its share price and confirms that it is in discussions with a third party which may or may not lead to a recommended offer being for the company," said Deltron.

There can be no certainty that agreement will be reached and an offer made, added Deltron.

The news recouped much of Deltron's recent losses with the share snow back at levels seen in May, though still down nearly 20% on the year.
Posted at 25/10/2005 10:12 by slj
Well there's your reason for the rise!

RNS - notes the recent movement in its share price and confirms
that it is in discussions with a third party which may or may not lead to a
recommended offer being made for the whole of the issued and to be issued share
capital of the Company.
Posted at 25/10/2005 10:12 by topinfo
Takeover...Yipppppeeeeee

Stmnt re Share Price Movement

RNS Number:1124T
Deltron Electronics PLC
25 October 2005


PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

25 October 2005

DELTRON ELECTRONICS PLC ("DELTRON" OR THE "COMPANY")

The Board of Deltron notes the recent movement in its share price and confirms
that it is in discussions with a third party which may or may not lead to a
recommended offer being made for the whole of the issued and to be issued share
capital of the Company. There can be no certainty that agreement will be reached
and an offer made.

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the
Company confirms that it has 41,408,194 ordinary shares of 5 pence each in issue
and admitted to trading on the London Stock Exchange under the UK ISIN code
GB0002618410.

A further announcement will be made as appropriate.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"City Code"), any person who, alone or acting together with any other person(s)
pursuant to an agreement or understanding (whether formal or informal) to
acquire or control relevant securities of Deltron, owns or controls, or becomes
the owner or controller, directly or indirectly, of one per cent. or more of any
class of securities of Deltron is required to disclose, by not later than 12.00
noon (London time) on the London business day following the date of the relevant
transaction, dealings in such securities of that company (or in any option in
respect of, or derivative referenced to, any such securities) during the period
to the date on which the offer becomes or is declared unconditional as to
acceptances or lapses or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant
securities of Deltron by the offeror or the offeree company, or by any of their
respective "associates" (within the meaning of the City Code) must also be
disclosed.

If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or
contact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013.


This information is provided by RNS
The company news service from the London Stock Exchange

END
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36 gb advfnpgsiwiga nmona stocks :: 25/10/2005 10:11:33 :: 0.0866 (0.0744 ~86.0) :: 0.0104 ~12.0 - 4 - -2 - 7 - 0 :: 0.0017 ~2.0 - 1 - 0
Posted at 25/10/2005 09:27 by fusebox
Coming back down again..the mms tried it on!!!

Mark my word slj i know how mms work.

They get stuck with stock and try to off load at a higher price and punters dive in thinking the share price is going balistic!!!
Posted at 02/9/2005 12:53 by fusebox
statement from Deltron ...

2 September 2005
DELTRON ELECTRONICS plc
("Deltron" or "the Company")




NEW CHAIRMAN

Deltron Electronics plc (LSE : DET), the specialist European electromechanical solutions provider, announces today that, Paul Gourmand, Deltron's non-Executive Chairman, proposes to retire from the Board on 6th October 2005 following twelve years of service.

David Potter will join the Board of Deltron as a non-executive Director on the 1st October and will take over as non-Executive Chairman on the 6th October. David, aged 61, is currently a non-executive director of Solar Integrated Technologies, where he is Chairman, New Media Spark, InfoCandy and Noble Group. His previous non-executive experience has included Board positions with Numerica Group Plc and Thomas Cook.

David began his career in investment banking when he joined Credit Suisse First Boston where he worked from 1969-81. He then joined Samuel Montagu, where he was Managing Director of Capital Markets, from 1981-85 and later joined its parent Midland Bank (now HSBC) where he was Managing Director Global Corporate Banking, from 1985-89. In 1990 David joined Guinness Mahon as Group CEO and after eight years became Deputy Chairman of Investec Bank (U.K.) Ltd following its acquisition of Guinness Mahon.

Commenting on this announcement, Christopher Sawyer, Chief Executive Officer of Deltron, said: On behalf of the Board at Deltron, I would like to thank Paul for his outstanding and loyal contribution to the Company over the past twelve years. Paul has steered Deltron since before the IPO and has been a tremendous asset to the business. At the same time I would like to welcome David to Deltron and look forward to working with him throughout the coming years."



"Paul has steered Deltron since before the IPO and has been a tremendous asset to the business. "

He has also seen the share price plummet to an all time low !!!
Posted at 15/2/2005 13:31 by fusebox
For some time now Deltron electronics has been placed on a premium pe rating to Elektron and my belief is this is set to change.

Elektron is a far fitter company than Deltron, EKT fundamentals are far better ie
growth stronger, eps higher, gearing lower.

First growth....... is far better at EKT...were as DET is showing only marginal growth in turnover EKT is showing more than 100% growth at the interims.

EPS is far better at EKT and profits higher.

Margins are far higher at EKT as well..DET about 32% and 42% approx at EKT.s subsidiary Bulgin!

Ekt is ugeared with now net cash and building at that.

At the moment DET is paying a dividend but this was not covered at the last results. However EKT is set to go on the dividend list this year and the forecast dividend will be well covered. www.brokerlink.co.uk

Moreover Elektron is cutting more cost the year just gone which will save the company a further 500k per year.

Within the next 12 months i would expect the pemium rating to fall for Deltron and be raised for Elektron.

I warned some time ago when Deltron's share price was climbing towards the 90p level that a fall would come. My predictions are now being realised.

Deltron's present market cap of over 3 times EKT cannot be sustained.

Share price at the date of this report is Deltron approx 76.5p...EKT 13.5p

On a 2 year basis Elektron has already outperformed Deltron share price but i expect the gap to widen.

Deltron 2 year chart>>>






Elektron 2 year chart>>>
Debts.Co.Uk share price data is direct from the London Stock Exchange

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