||EPS - Basic
||Market Cap (m)
|Electronic & Electrical Equipment
Dialight Share Discussion Threads
Showing 3201 to 3225 of 3225 messages
|They were a nightmare for burning cash, inventory write downs, new factories, etc. New CEO came onboard and has streamlined & modularised the product line, created a visible pipleine and outsourced manufacturing to Sanmina. The Newmarket factory was due to close Sep 2016 and other work was moved from US to Mexico (don't tell The Donald), both these actions have stripped out a lot of cost. The cost hit for 2016 (including these closure activities) was estimated at £13m for the full year, from memory about £5.5m was booked in 1H so the remainder will come in this next report. I think they did this as their revenues tend to be 40/60 in terms of 1H/2H.
My view is that the report on the 27th will see the close out of all the major restructuring costs. I expect to hear that pretty much all the major product lines have now been transferred to Sanmina manufacturing and we are set clear for the year ahead. I think 2017 will be the big year for Dialight. In 2017 it will be reaping the benefits of a lower manufacturing cost base and its more efficient manufacturing setup.
They have also said that they are getting a bit of a currency tailwind, so having moved from a overdraft position to having £7M in the bank in 1H and I expect that trend to continue (closure costs not withstanding).
The other item that may impact positively as someone mentioned earlier is the pick up in the oil sector as the downturn here a couple of years ago was cited as the main driver for some disappointing results. they have been expanding into other sectors so are not so impacted by oil but even so the pick up here will help...if it has happened.
Strategically they have been developing their open source control interface and have several partnerships (rockall? and honeywell) to enable their lighting systems to be managed from existing customers facilities management system's and whilst that won't directly drive much revenue, it helps with the value proposition
IMHO, if they do dip after the results then it could be a buying opportunity.
What I also expect to hear is that in 2017 the dividend will be reinstated|
|Life's good, beeezzz. 2008 just a distant memory!
The thing to watch is the cash. They're either making it or they're not. If still burning cash, go back into the accounts and see where they're spending it.|
|jeffian:. 100% same situation - Still holding a rump and will be watching same as you if new management are not sweeping problems under the carpet as now up some 100% from the bottom - If only etc...|
|Jeff....Hey hows life, you are right they got themselves into a right pickle, also had huge R&D expenditure. However, the LED market was not going away and if they got there house in order then growth was out there....
I quickly glanced over this report that came out today..not see full report but Dia are mentioned together Toshiba wonder if they will be selling this unit....
|Well I never saw that recovery coming! I sold near the former highs but never bought back in. I posted quite a lot here previously about the apparent disparity between their 'profits' and their propensity to burn cash - turning a healthy cash pile from Roxboro days into a significant net debt - and the answer seemed to be their habit of capitalising a lot of their annual expenditure and writing off a lot of stock which seemed to become outdated very quickly. I will be interested to see from the forthcoming results if they've got out of these bad habits and increased GP sufficiently to cover their expenditure and become cash positive.|
|yes tend to agree, so still out for now, may reconsider after results|
|Yeah...Managed to close above £10, wonder how much is down to NT, has a big following and made a killing last time, I've been in since 180p may bail this time if it gets above £14 or all time highs...
RSI over 80...still over another week before results..|
|Dia is going to need some very strong results and a good statement on future prospects to hold on to the dramatic rise in share price - otherwise .....|
|It's def on a roll...think it may be a short squeeze....through the £10 ceiling this morning.|
|from his email update|
|where did you get NT comments from?|
|Bit profit taking on Friday....looked well over brought on the RSI indicator, hopefully steady for a week before results...
Dia have great products and meet all the regulatory requirements, hopefully they've got their production issues sorted, there must be huge demand for industrial LED lighting, benefits speak for themselves...when you look at the examples on their website!!!|
|Naked Trader keen on DIA
I also loved Dialight (DIA) ages ago - bought for 150p and sold for 1200p making well over £100,000. I actually still have a few from the old days left over in the isa..
I am back in with Dialight as they are moving up every day after some decent statements. Results are due on February 27th and could show a company on the way back to its old highs.
Its recent trading statement was excellent, revenues are coming in again and it seems to be back in a good spot with its LED lighting business. So after a flashbulb moment I am in!|
|Not sure why results moved..but a moved forward is certainly not a negative, perhaps even a positive.
Interesting pattern each day as the prices rises steadily and buy volumes exceed sells.
Only one shorter remaining the FCA list, I think at one time there were 3 or 4, with an Aug 10th 2015 position. This has cost them £2.4 million by my sums to date so in IMHO I can't see that holding for long (no pun intended). A short squeeze on a fairly illiquid stock could be very interesting.|
|Full year results 27th Feb moved from 28th not sure why maybe not on last day.
bbb...You could be right regarding dividend being reinstated|
|Yeah...Still drifting higher, RSI=78 nearing 80 could trigger some selling...looking over brought to me now
26EMA crossed the 20DMA so may indicate further to go in this upward movement.|
|Yes, it's been rising very nicely all week...the game is afoot methinks|
|Still drifting higher...whose complaining...nice gentle rise
Mining&Oil sector may have a bit more cash too invest, they got themselves into so much debt during the boom, mostly fuelled by China, who have been pumping huge amounts of cash to maintain their GDP growth, which many have said will finish before year end, so get ready for another downturn..just hope they are ready this time..|
|Fair point about the mining sector pick up as I'm sure they cited the downturn in mining and oil as a reason for poor results a couple of years ago. Perhaps dividend about tho be reinstated also I guess..|
|Jeff... will probably know....SP is creeping up steadily, not bad news. Mining sector has picked up so maybe big order coming...|
|afraid I bailed out for a small profit but should have waited, watching with interest for now|
|Looks like thread is dead which is a pity as it also looks like there is a turn-a-round underway.Record volumes today for the year and some huge sells, but the price keeps rising. I can only think a) short squeeze (but only one shorther on the FCA list remains) b) Results even better than previously anticipated or C) There is bid prep underway.
Anyone out theree got any thoughts ?|
|Big jump yesterday afternoon...anyone know why ?|
|Deal just announced between REDS and Phillips to cross leverage products through One Space.
REDS could go a long way|
|Has had an upgrade price target 850p|