Zytronic Share Discussion Threads

[market sniper1] 23/10/2015 19:21

Good piece Kalkanite, took profits on thursday as technicals MAs and lower indicators were getting too far ahead.

Im going to re enter when they catch up. Cheers.

[owenski] 23/10/2015 17:54

Good read Kalkanite

[kalkanite] 23/10/2015 16:35

For anyone who doesn't think that Zytronic touch screens can expand their markets further.... Read the following links for their USPs such as.......


Most large format multi-touch technologies are unsuitable for touch table applications. Optical touch detection based on cameras or infrared (IR) touch sensing has the major disadvantage of requiring a bezel around the perimeter of the screen to house the optoelectronics. The upstanding plastic frame detracts from the appearance of the table, as well being vulnerable to potential damage, whether it is of an accidental or deliberate nature, and dirt accumulation. Furthermore such optical solutions are also very prone to false touches, as users lean over the surface, spill liquids or place objects upon it.

“As catching the eye of potential users was crucial, one of the key features of this multi-touch table which needed to be addressed was ensuring that the interactive glass covered the entire table top, with no edges or slots. Thus the overall visual effect would not in any way be compromised,” states Andrea Guerra, International Sales Manager for Touchwindow. “At the same time no concessions could be made on system durability. It soon became clear to us that Zytronic was the only credible choice.”



Thanks to their unique construction, they have strong resilience to severe impacts, scratches, liquid spillages and harsh cleaning chemicals.



Ever increasing usage of the products should ensure healthy growth for Zytronic

K

[igoe104] 21/10/2015 18:38

That`s certainly what I`m after, £7 and beyond.

Low cap company, with great products, no reason in a couple of year`s we will get there.

[paulypilot] 21/10/2015 16:56

Very pleasing performance from ZYT.

It still looks good value too, when you include the big cash pile.

I can't see any logic in selling any below 400-450p, and even then I would probably only top-slice part of my holding.

Hopefully we might see sustained growth, and a serious re-rating of the shares over the long-term. I think 700-1000p is entirely possible, if sales growth really gets going, and there are lots of applications opening up for large, and curved touch screens.

Divi yield still quite attractive too, and remember they continued good divis even when we had that blip a while back.

Nice company. Good management.

Regards, Paul.

[market sniper1] 21/10/2015 13:02

ZYT Zytronic PLC

Latest fundies show company is still very cheap for a Tech leader.

Forward P/E to 2016 of just 14.8, still cheap as chips.

Zytronic PLC

FORECASTS

2015 2016
Date Rec Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Arden Partners
20-10-15 BUY 4.52 24.37 11.00 5.00 26.94 12.00
N+1 Singer
20-10-15 CORP 4.30 23.00 11.00 4.50 24.10 12.10

2015 2016
Pre-tax (£) EPS (p) DPS (p) Pre-tax (£) EPS (p) DPS (p)
Consensus 4.41 23.69 11.00 4.75 25.52 12.05
1 Month Change 0.46 2.45 0.00 0.26 1.33 0.00
3 Month Change 0.46 2.45 0.00 0.26 1.33 0.00

GROWTH
2014 (A) 2015 (E) 2016 (E)
Norm. EPS 49.35% 19.46% 7.76%
DPS 6.36% 19.56% 9.54%

INVESTMENT RATIOS
2014 (A) 2015 (E) 2016 (E)
EBITDA £4.60m £5.50m £5.90m
EBIT £3.31m £m £m
Dividend Yield 2.43% 2.91% 3.19%
Dividend Cover 2.16x 2.15x 2.12x
PER 19.06x 15.96x 14.81x
PEG 0.39f 0.82f 1.91f
Net Asset Value PS 109.52p 130.90p 143.10p
Definitions Disclaimer

[rcturner2] 21/10/2015 09:13

Although dilution for shareholders, another £1m of cash for the company.

[shauney2] 21/10/2015 09:02

Re options.

The next lot vest in December next year.A total of 525 thousand at a price of 2 quid.

What the share price is then who knows but they have fully earned their rewards the way they have grown the company.

[rcturner2] 21/10/2015 08:55

I cannot see anyone with any sense selling the shares. Forecast earnings of 27p at a multiple of 15 gives 405p, ignoring the cash pile. There is at least 50p a share in cash I reckon.

[interceptor2] 21/10/2015 08:53

Even without any adjustment for the cash pile ZYT still need to rise by 17% before the reach the sector average on a PER basis. Tempted to say that every dip has been quickly bought up, but in reality there hasn't been any dips since last weeks ahead trading update.

We must keep a perspective though, because historically there has always been a retrace after a strong rise and always within a 6 weeks period.

[rivaldo] 21/10/2015 08:41

Nice factoid crystball!

Looking strong with buying coming in at almost 383p. Once you strip out the likely £9m-£10m year end cash pile then ZYT still doesn't look expensive given Arden's forecast of almost 27p EPS to 30/9/16.

[market sniper1] 20/10/2015 21:15

That is remarkable crystball.

[crystball] 20/10/2015 21:05

If I remember rightly, apart from the issue of options, still the same number of shares in issue as from the start. Remarkable.

[market sniper1] 20/10/2015 17:55

ZYT Zytronic, not just a 10 year high but an all time high on the LSE from year 2000.

[shauney2] 20/10/2015 16:36

I thought it was you mike740 et al.Bye...

Good to see the all time high has held.

[shauney2] 20/10/2015 16:08

Its like groundhog day with the geezer above.
Its like groundhog day with the geezer above.

[market sniper1] 20/10/2015 14:44

ZYT Zytronic

ZYT Zytronic up 4.3% on the day and looking strong again. Now a 10 year HIGH.

[rcturner2] 20/10/2015 14:15

On current information I think that this is worth at least 400p.

[market sniper1] 20/10/2015 14:05

Moving up nicely.

[shauney2] 20/10/2015 09:04

Does't want to back fill yet.Through the ten year high.

[buffythebuffoon] 19/10/2015 19:12

It's an honourable man that concedes he is wrong.

Buffy

[market sniper1] 19/10/2015 16:59

Another up day and far more to come.

[market sniper1] 19/10/2015 14:19

Yep rivet, lets hope its gets even better.

[rivet] 19/10/2015 14:13

Nice chart Mike.