Dialight Share Discussion Threads

[davr0s] 11/8/2016 17:24

And again - if I post every day will it keep on rising ?!

[davr0s] 10/8/2016 19:40

Another stonking day - hopefully the shorters hurting here

[davr0s] 09/8/2016 16:41

Lovely breakout - textbook stuff

[duncan doughnut] 08/8/2016 16:44

Love it when my thoughts are proved right:-


Duncan Doughnut
8 Mar'16 - 10:53 - 2990 of 3038 0 0 edit

No nasty shockers in the results for a change. The new board delivering exactly what they said.

There has not been much of a decline today given the recent strong rally either. I think you might be right napoleon.

I'm very happy to keep holding.
--

Nice to see director buying now too.

[beeezzz] 06/8/2016 12:54

itchyclack.....

still trying to destroy UK companies with your negative outlook...I imagine you've closed your short, which is probably driving the share price ..

Good luck....

[itchycrack] 05/8/2016 23:35

There are many stocks just going up for technical reasons only, without any fundamental changes to be positive about. These are going to be the best SHORTS when the crunch comes - and it will, just have to be patient :-)

[sharw] 05/8/2016 18:11

All the others were ATs

[davr0s] 05/8/2016 17:47

Bought back in today having been away 3years as seems to be breaking out - did these really used to trade around £12+. Looks like turning around now and generating decent amount of cash. Pleased to have got 604p purchase at 16:20. Not sure how given trades around it

[beeezzz] 05/8/2016 17:12

20DMA has crossed 50DMA and 100DMA recently, which could be positive, with an up tick from here, nice rise into close.

[beeezzz] 04/8/2016 12:28

sharw...Thanks

[sharw] 03/8/2016 18:50

Yes - at:



In the 'Financial News' box click on 'Half Yearly results 2016', which is strangely underneath the AGM statement.

[beeezzz] 03/8/2016 17:41

Is it on their website...Sharw..

[sharw] 03/8/2016 17:03

Interim presentation now availalble:

[napoleon 14th] 20/6/2016 18:34

Yep, bargepole......

[dangersimpson2] 16/6/2016 09:05

The market is already off quite a bit, at least for a lot of small cap companies I follow.

It does seem strange that DIA has not seen similar weakness. Are people really selling growing companies trading on 7-10 P/E yet buying Dialight on a historic P/E of 40, EV/EBITDA of 70, fwd P/E of 23, no dividend, now in debt, margins shrinking, revenue not growing, FCF negative for last 3 years?

It seems to me that this must come back to reality some point regardless of general market conditions. Who knows when that will be though.

[itchycrack] 16/6/2016 08:42

Still SHORT, although I came close to getting stopped out. When the wider market cracks this will tank IMHO.

[beeezzz] 15/6/2016 21:34

You are right, selling and buying, who is picking up the slack, only 30mln shares in circulation;

[dangersimpson2] 04/6/2016 13:10

I think you are reading that last RNS wrong. It was a sale of 175k.

If you read the last set of holding announcements you have:

Montanaro Asset Management Selling
FIL selling
DB Selling
Sterling Strategic Value Buying

So suggests that it's PI's & a small fund taking stock as the bigger institutions sell out.

[beeezzz] 03/6/2016 22:28

Itchy....watch that short now....looks like II's still think its worth adding more.

[beeezzz] 23/5/2016 21:32

The management are not up to the job IMO, they've increased production just as the mining oil sector was turning down. Not sure what they can do to increase profit margins.

[itchycrack] 23/5/2016 20:39

Stay SHORT, this will tank when the wider market eventually cracks!

[jeffian] 23/5/2016 16:32

The problem, as I've alluded to many times over the years, is that whilst DIA claim to be profitable, strangely these 'profits' never find their way into the bank account and over a very short period of time, they have managed to turn net cash of around £15m to debt of over £9m. The reason for this is clear from the cashflow report - year after year after year they capitalise 'research & development' and so-called 'capital payments' but if it's necessary to spend these amounts every year just to stand still, then it's probably really revenue expenditure (over £6m last year on top of 'ordinary' overheads). Assuming those not-so 'exceptionals' continue in future years, they need a massive increase in revenue to go cash positive.

[dangersimpson2] 23/5/2016 14:54

I'm sure long term for the business it's the right thing to do. But it's another sign that the business will need to compete much more on price in the future at the detriment to margins.