Elektron Technology Share Discussion Threads

[hvs] 30/8/2010 12:24

LOL !!!!!

Tanking share price

[ffp] 04/8/2010 19:44

Yo the Spec, good to hear from you are you still sane?

[hvs] 11/11/2009 11:16

Dont forget they are a multinational company.

[arnit] 27/6/2009 14:19

Awful set of results. It looks like the writing is on the wall.

[hvs] 14/5/2009 08:55

Does not look like it ?

Will anyone be attending Fuseboxes's FUNERAL ????

[arnit] 04/3/2009 21:01

Profit warning today!

It makes grim reading.

"The outlook is extremely difficult to predict in the current economic
environment, but at present we expect the current year sales to be down by
around 15% on last year"

"On a
like for like basis we have experienced a sales decrease of 9%."

"Hartest Holdings Plc (23% owned)

"Since the purchase of our stake in this company, the company has reported a
deteriorating financial position. In addition conditions in the stock market
have led to a lower valuation being placed on Hartest. We therefore intend to
write down the value of the stake in our accounts at year-end to reflect its
market value, which will result in an exceptional charge of GBP1.0 million."

Those are the bright spots in this profit warning!

Will EKT survive?

[hvs] 12/11/2008 12:26

What a disaster.

[baner] 11/11/2008 14:41

if Elektron are so heavy in debt why did they invest close to £1.5m in Hartest shares @ 65p, sitting on a massive potential loss? are they just puppets on a string directed by the swede gullenhamer who owns 30% of Hartest - helping him to take control? this is no doubt a complete fiasco for Elektron - but why?? i am getting increasingly nervous re Elektron´s finances - any one with a view?? from what i have seen the swede is financially very strong and could probably sit and wait for Elektron to go belly up - unless of course they have a common agenda?

[gearstick5 fusebox] 08/11/2008 11:36

BARRY SITTING ON -£135,000 LOSS IN EKT SHARES... SHARES HE HAS HELD FOR OVER 5 YEARS.

BARRY = LOSER !!

[gearstick5 fusebox] 08/11/2008 11:34

One just has to look at he performances of IND compared to EKT to see which one is the real dog !!

5 year performance:
EKT a miserly 10% higher.
IND is still nearly 10x higher than in 2003


4 year performance :
EKT down 40%
IND up 275%


3 year peformance :
EKT down 42%
IND up 50%

[dumbarton2] 08/11/2008 10:15

Its looking dire for your matey Paulypilot in IND having seen the share price drop to littlke over £3 from £10. He claims tom hold 200,000 that is about £1.4 million!

[f usebox] 30/10/2008 21:31

HOUSE BROKER DOWNGRADES ELEKTRON

£5,000,000 IN DEBT

GOING BUST SOON !!

LATEST BROKER NOTE HERE.... MAKES DIRE READING :

[f usebox] 30/10/2008 21:30

HOUSE BROKER DOWNGRADES ELEKTRON

£5,000,000 IN DEBT

GOING BUST SOON !!

LATEST BROKER NOTE HERE.... MAKES DIRE READING :

[f usebox] 30/10/2008 11:43

EKT broker note... predicts a dire outlook. doesnt mate good reading.

can be downloaded from here :



gives an idea of the current trends in the sector. Broker have downgraded the price target from 16p to 12p.

Highlights :

Outlook and Valuation. The order book is currently £5.5m or £0.9m softer
than at this time last year. We have therefore trimmed our sales forecasts for FY10 and FY11 to reflect these deteriorating conditions. In light of this and recent macro economic events, we reduce our fair value estimate from 16p to 12p or 6.6x our FY10 EPS estimate of 1.83p.
===============

2008 EPS 2.77p
2009 EPS 0.96p ............... -65% from 2008
2010 EPS 1.85p................ -33% from 2008
2011 EPS 2.27p................ -18% from 2008

So even looking out to 3 years on.... EPS will be LOWER than what it achieved this year.

=============

page 2 :

we do note that the average PER for the group has decreased from
7.35x to 5.48x and we are therefore compelled to reduce our fair value estimate on this basis.

we accept that electronic manufacturing and consumer electronic end markets are suffering under the current global economic crisis and finding sources of funding to acquire companies have and will continue to be a challenge over the near-term. Therefore, we expect management to focus on improving operations in both the UK and overseas and do not expect any significant acquisitions for the rest of this calendar year.


Given the current macro economic climate and the specific risk of
Elektron delivering its business plan to acquire and relocate
manufacturing operations to China and Tunisia, we reduce our fair
value estimate to 12p (Old; 16p) or 6.6x our FY10 EPS estimate of
1.83p.

[f usebox] 30/10/2008 11:43

EKT broker note... predicts a dire outlook. doesnt mate good reading.

can be downloaded from here :



gives an idea of the current trends in the sector. Broker have downgraded the price target from 16p to 12p.

Highlights :

Outlook and Valuation. The order book is currently £5.5m or £0.9m softer
than at this time last year. We have therefore trimmed our sales forecasts for FY10 and FY11 to reflect these deteriorating conditions. In light of this and recent macro economic events, we reduce our fair value estimate from 16p to 12p or 6.6x our FY10 EPS estimate of 1.83p.
===============

2008 EPS 2.77p
2009 EPS 0.96p ............... -65% from 2008
2010 EPS 1.85p................ -33% from 2008
2011 EPS 2.27p................ -18% from 2008

So even looking out to 3 years on.... EPS will be LOWER than what it achieved this year.

=============

page 2 :

we do note that the average PER for the group has decreased from
7.35x to 5.48x and we are therefore compelled to reduce our fair value estimate on this basis.

we accept that electronic manufacturing and consumer electronic end markets are suffering under the current global economic crisis and finding sources of funding to acquire companies have and will continue to be a challenge over the near-term. Therefore, we expect management to focus on improving operations in both the UK and overseas and do not expect any significant acquisitions for the rest of this calendar year.


Given the current macro economic climate and the specific risk of
Elektron delivering its business plan to acquire and relocate
manufacturing operations to China and Tunisia, we reduce our fair
value estimate to 12p (Old; 16p) or 6.6x our FY10 EPS estimate of
1.83p.

[arnit] 25/9/2008 18:08

Even with FTSE soaring this dog keeps falling.

Could there be a suspension coming soon?

[arnit] 25/9/2008 18:04

Looking good.

[barry is back] 12/8/2008 18:52

Finncap Elektron Broker Note, not exactly a glowing writeup of the company :

[hvs] 13/7/2007 21:30

lol!!!

Buy a few more EKT

[loverat] 13/7/2007 21:28

hvs

Has FFP been feeding you your Pedigree Chum?