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ZYT Zytronic Plc

55.00
0.00 (0.00%)
Last Updated: 08:00:01
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Zytronic Plc ZYT London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 55.00 08:00:01
Open Price Low Price High Price Close Price Previous Close
55.00 52.50 55.00 55.00
more quote information »
Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Zytronic ZYT Dividends History

Announcement Date Type Currency Dividend Amount Ex Date Record Date Payment Date
13/12/2022FinalGBP0.02209/02/202310/02/202324/02/2023
07/12/2021FinalGBP0.01503/03/202204/03/202218/03/2022
10/12/2019FinalGBP0.15209/01/202010/01/202007/02/2020
14/05/2019InterimGBP0.07604/07/201905/07/201919/07/2019

Top Dividend Posts

Top Posts
Posted at 18/3/2024 16:44 by cliffpeat
Judging by the latest LinkedIn post from the directors of ZYT

hxxps://www.linkedin.com/pulse/zytronic-continues-innovate-zytronic-zndwe/

it appears that one of the market segments being targeted is the food processing sector.

I see this as a positive - particularly if it leads to an "own-product range" with a substantial potential addressable market.

"Zytronic manufactures these hybrid PCAP touch sensors in nearly any size and specification at its facility. The company can accommodate additional customisations such as special edge profiling, glass curvature, and incorporation of cut-outs and holes for devices like card reader slots and mechanical buttons."
Posted at 05/3/2024 17:42 by cliffpeat
To see some of the innovative ideas from ZYT I recommend following:






In my view the videos would be more effective if there was a brief voice-over describing the images rather than the irritating "music".

If the combined talents and knowledge of the ZYT team can find some "killer" products that meet an identified market need (preferably an affluent market :) then perhaps the business can significantly move away from the dependency upon being part of the supply chain of other manufacturers.
Posted at 29/2/2024 12:09 by cliffpeat
Today's update suggests that recovery may be some way off

Good:
1. "Open" projected opportunities have been reviewed and though reduced to 464 with a "projected lifetime value" of £58.5m is likely to be a more objective view than earlier higher figures.
2. "Management expectations are unchanged in that the positive impact resulting from the conversion of the opportunities pipeline (which has generally shown an improving trend since FY21)will likely be realised from the latter half of FY24 or early FY25 onwards".

Bad/"Woolly":
1. "Projected lifetime value" is not defined. From a shareholder's point of view the net profit contribution is the most important number. I suspect that it may refer to turnover - which means little.
2. "Will likely be realised" in respect of an "expectation" does not take us forward in the absence of any evidence.
3. "Interest" in the group's offerings following Expos in October 23 and February 24 suggests that no orders have been taken.

I think that the technology capabilities of ZYT may have latent potential but RNS's like today's suggests the "offerings" may be "solutions looking for problems" - rather than a result of clear customer segment demands. (See "The Lean Startup" by Eric Ries)

I have a small number of shares that are "under water" and am not inclined yet to "average down" by buying until real commercial progress is demonstrated.
Posted at 24/1/2024 19:10 by value hound
I bought some of these nine days ago at 58.75p. The trouble is, I also bought at 86p in August. Anyway - we'll see what transpires, but FWIW, here's a snippet from Mark Watson Mitchell on Master Investor tonight... (though my own longer-term target is more like 160p)

-----------------------------------

Zytronic (LON:ZYT) – Setting A ‘Gamblers̵7; Target Price

A reversal of corporate fortunes often brings out the stock watchers and spurs them into action.

On Tuesday 9th January, the Blaydon-upon-Tyne-based touch sensor manufacturer announced its final results for the year to end September 2023.

They showed a 30% drop in sales to £8.6m and a £2.0m pre-tax loss (£0.7m profit).

The shares fell back from 80p overnight, crashing to 55p in subsequent reaction.

The company is a world-renowned developer and manufacturer of a unique range of internationally award-winning optically transparent interactive touch sensor overlay products, which are used with electronic displays in industrial, self-service and public access equipment.

Chairman Dr Chris Potts stated that:

“The Group benefits from a strong balance sheet and has good visibility over its cost base over the next twelve-month period.

"With reinvigoration of the Group’s business development function and differentiated technology and products, there are grounds for cautious optimism over the medium term.”

I have followed this group for years, in 2017 its shares peaked at over 605p.

Way back in January 2021, when they were 122.5p, I set a Target of 155p on the shares, ten months later they hit 190p.

But nothing goes in the same direction for ever!

Admittedly to see its shares now at just 59p does give them a certain appeal.

Analyst Caroline de la Soujeole, at Singer Capital Markets, has concluded that:

“We think it is reasonable to envisage broadly stable YoY sales trends in FY24e overall (2H weighted) and good progress being made in returning the business to an EBITDA break-even position.

"We await the presentation of the strategy review before reinstating formal forecasts and recommendation.̶1;

The broker notes that, given evolving industry dynamics, the group’s management have committed to set out a clear strategy for recovery and perspectives on its future direction in due course.

The company ended its 2023 year with £4.7m cash in its balance sheet, which compares to the current £6.12m market valuation.

As I stated above, poor corporate results often bring out buyers.

And so too with Zytronic – as shown by the addition of some 131,000 more shares to the joint holding of Gavin and Sian Smith – taking their position up to 444,493 shares, representing 4.37% of the ZYT equity.

I know that it is only a ‘tiddler’; but I actually fancy that little holding as being a potential winner, especially if the group’s Management gets its act together and wins a great deal more orders from its pipeline of opportunities.

I now set a gambler’s Target Price of 70p on the group’s shares, which could so easily be achieved with the announcement of some good corporate news within the next few months.
Posted at 22/1/2024 22:27 by the squire at oakley hall
Value Viper
Densitron was (is?) a customer of Zyt and Martin Salter (ex Sales Manager of Zyt) decamped to Quixant, not sure if he is still there but they must be aware of each other
On the question of Shareholding of Directors it tells you a lot that their holding is so small
Loss of Sales Director is telling and how much is being a quoted Plc costing with what apparent benefit
Posted at 22/1/2024 21:29 by cerrito
Value Viper
Thanks for pointing me in the direction of Nexteq and as a ZYT shareholder of a few years it is remiss of me that I have never heard of them.
Be interested on the read across you folk see between them and ZYT both in the Quixant division for gaming and Densitron.I have never heard of broadcast technology in this context and do not know if this is on the radar screen of ZYT.
A quick reading suggests to me that because of their size they have far more control of their destiny than poor old ZYT.
Posted at 12/1/2024 12:53 by asagi
Good post rickjmason.

I think that Zytronic claimed very early on that mobile touchscreen was going to be a very low margin market. Not sure that was every incorrect but it doesn't mean the strategy was to avoid it was right.

Now they seem to be avoiding the 'flat rectangle' touchscreen market but serving a smaller market brings volatility.

Asagi (long ZYT)
Posted at 09/1/2024 08:27 by crystball1
There are very few positives when reading the results. For many years a decent dividend was paid. The payment of a dividend has now been discontinued. Will Zytronic recover from this poor performance? I am not selling my ZYT shares and will continue to hold.
Posted at 27/7/2023 11:12 by cliffpeat
LinkedIn post by ZYT about the HongKong project where they provide some hardware and technology.

The article at


is in the most boring typeface and is long-winded. I asked GPT to "Revise the following to make a serious but powerful point of the important part played by Zytronic the supplier of some of the technology:"

Below is the instant response - which I haven't checked but a glance suggests it is more readable and focussed. If it was my job to improve the website use-cases I would definitely run all the ZYT text through one or more of the AI tools knowing that in an hour or so (on each) there would be a significant improvement in the copy and more people would read it IMO.

Which is the point. Get read by prospective customers.

START:
Hong Kong, widely recognized as one of the most dynamically evolving economies, is the product of meticulous planning - particularly when it comes to its densely populated land space. As a testament to this, the City Gallery, an entity managed by the Planning Department of the Hong Kong Special Administrative Region (HKSAR) Government, exhibits the city's historical and ongoing planning projects while also promoting its sustainable future vision to the public.

A key attraction of the gallery is the 110-inch interactive rolling map that chronicles the evolution of the city's coastline and skyline since the 1840s. This tool enables visitors to delve into the history behind the naming of certain streets and explore how land reclamation has transformed the cityscape over the years.

The creation of this interactive exhibit is the result of a fruitful collaboration between the HKSAR planning department, local audio-visual specialists Wide Smart Technology, and ASPIS Innovation Solutions. Wide Smart Technology's role was the development of the design concept, which includes a 110-inch piece of tempered glass housing two 55-inch displays. This company has a strong reputation in Hong Kong, providing top-tier AV solutions in partnership with solution consultants and AV network designers for over a decade.

ASPIS, another prominent name in the field and a longtime distributor for UK-based Zytronic, was entrusted with supplying the large multitouch sensor for the project. Zytronic's patented projected capacitive technology (PCT™ and MPCT™) sits at the core of this offering, rendering it an ideal touch solution for public use. For this significant project, ASPIS recommended the use of two pieces of 55-inch ZyFilm® multitouch flexible foils, manufactured at Zytronic’s UK facility and efficiently shipped to Hong Kong.

Once in Hong Kong, ASPIS adhered the ZyFilm® to the back of the locally procured glass. Using Zytronic's ZXY500™ multitouch controller, ASPIS was able to finely calibrate the 8mm gap between the two adjacent touch sensors onsite. The controller supports up to 100 simultaneous touch points and delivers rapid and accurate touch and gesture responses, making it perfect for a multiuser installation of this magnitude.

Following the installation, a representative from the HKSAR Planning Department Government expressed that the interactive multitouch exhibit serves as a platform to engage and inform visitors about their exciting and sustainable urban future plans. It also sheds light on the intricate planning and construction efforts that have shaped Hong Kong over time.
END

Waddyathink?
Posted at 20/7/2023 19:03 by asagi
Zytronic's direct customer is Aruze Manufacturing Philippines Inc (AMPI), they are still owed a lot of receivables from Azure Gaming Americas (AGA) but my understanding is that debt has NOT passed to ETG: there is no obligation bestowed on ETG, the acquirer of AGA, to purchase finished product from AMPI or pay for work in progress at Zytronic.

So Zytronic's financial position hasn't improved here.

But once regulatory approval of the acquisition of AGA arrives, there is the possibility that statis will end. This will hopefully result in increased likelihood of revenues for Zytronic, which is a slightly better position than we were in before the acquisition of AGA was completed.

Asagi (long ZYT)

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