||EPS - Basic
||Market Cap (m)
Real-Time news about Zetex (London Stock Exchange): 0 recent articles
|Zetex Daily Update: Zetex Plc is listed in the Unknown sector of the London Stock Exchange with ticker ZTX. The last closing price for Zetex was 85p.|
Zetex Plc has a 4 week average price of - and a 12 week average price of -.
The 1 year high share price is - while the 1 year low share price is currently -.
There are currently 103,031,653 shares in issue and the average daily traded volume is 0 shares. The market capitalisation of Zetex Plc is £87,576,905.05.
|corporate_raider: The company is virtually debt free. Based on the share price, the EV/EBITDA multiple of the company is approximately 2.8x. IMO, this is very cheap compared to its peers and I wonder why no trade or PE firm is looking at this company. Should be particularly attractive to PE firms given its lack of debt.
Unfortunately, due to the current shareholding structure, the share price will fluctuate rapidly unless liquidity of this counter resumes to a normalised level.|
Good to see that there is someone there who is still interested. The Company has been very quiet with no announcements for months and the share price has not really done anything. I am down a fair bit since I bought and wonder if there is anything on the horizon which will make things better. It could be February before we see any numbers. Any views?|
|blueflame: I never realised that this was the old Tele. Anyway Cat posted this on the pbb that may be of some interest.
ZTX - just out from EVBG:
Mkt cap: £155m Net cash: £8m Update Price/Target: 155p/180p
Increased Sales + Operational Gearing
Update with management confirms that Zetex is firmly on track. The
semis industry continues to recover and Zetex's ramp up of its new
facilities is going to plan.
Our update with management confirmed what we were already pretty
certain of - everything is going to plan at Zetex. We are confident that the
Interim Results on 21st July will come in in-line with our forecasts or better,
and that the outlook statement will be positive.
Newsflow from the semis industry remains generally positive and there is
little to suggest any slowdown in the analog and discretes markets that Zetex
operates in. We continue to expect that Zetex will benefit from the high
operational gearing of its business model and from the impressive recovery
in its core markets. We look forward to being able to increase our forecasts
after the results.
The transfer of production across from Gem Mill to the other plants is
running on schedule and we believe that the company may even accelerate
the timetable on the Zetex Technology Park.
The short-term investment case is based upon the newsflow and possible
upgrades. The long-term case is founded upon the evolution of the business
and a re-rating towards the multiples seen with the US comparators. (cf. note
'Recovery continues, firmly in growth mode' 4th June '04) We are maintaining
our forecasts in the run up to the Interim Results and we are retaining our
BUY recommendation with an increased share price target of 180p (it was
Zetex share price data is direct from the London Stock Exchange