Zytronic Share Discussion Threads

[nuttynige] 08/12/2015 18:09

That presentation is the standard others should attempt to meet, if they have nothing to hide. Even a thicko like me can follow it.

[glaws2] 08/12/2015 13:52

Presentation now on website at www.zytronicplc.com/assets/Uploads/2015PrelimsPresentation_Final.pdf

[shauney2] 08/12/2015 13:08

They also mentioned "increasing shareholder value" in last years results.Maybe we shoudn't read too much into it but at least they are thinking of us.Profit takers drying up now?

[adamb1978] 08/12/2015 10:24

Very strong results. Great little company....wish there were more like this!!

[topvest] 08/12/2015 07:39

Fantastic results indeed. Bought these after the profit warning at 149p so very happy with how things have gone since. Should push the share price to new highs, particularly with the outlook statement. Interesting comment about shareholder value at the end. What exactly does this mean? I read it that something is going on.

[rivaldo] 08/12/2015 07:30

Terrific results, beating next year's expectations, let alone this year's.

24.7p EPS beats next year's 24.1p forecast (this year's was 23p). The 12p divi is well ahead of the 11p forecast too.

It's even better than that. These are "basic" EPS figures. If you adjust out amortisation and share-based expenses - as most companies do - ZYT actually achieved 28.1p EPS last year.

ZYT have £8.5m net cash (not £9.8m, as there's a mortgage), so still very impressive. No clues as to how it's to be used AFAICS.

What I like most is the transparency and clarity. It's an extremely detailed narrative, and it's completely open about various projects coming to an end, bits and bobs of the business (i.e non-touch) struggling for momentum). This is still a business subject to cyclical swings.

Nevertheless, the outlook for this year is very positive, and ZYT seems to be a company very much on the up.

[shauney2] 08/12/2015 07:22

Impressive margin growth and cash generation.That cash will have to find a home.Either acquisitions or a return to shareholders.

[capercaillie] 08/12/2015 07:13

Excellent figures. Throwing off lots of cash. £60.4 million capitalisation £9.8 million net cash balances.

[crystball] 08/12/2015 07:11

Great results.

[crystball] 07/12/2015 15:18

We're told revenue up 13% compared to a year before. However, I expect profits to be up by more than 13% due to higher profit margin average. It'll be interesting to see what level of dividend increase is given. Is this growth sustainable? It'll be interesting what the forward looking statement says.

[fizzypop] 07/12/2015 15:05

Y/E results tomorrow I believe.

[rivaldo] 04/12/2015 10:20

Here's ZYT's own press release on the product launches at ISE 2016:

[rcturner2] 03/12/2015 15:06

Brahms, you want to see what happened to Tristel (TSTL) then, lovely run up to results, then wham super gain since the results.

[muffster] 03/12/2015 14:53

Do you think?I think buy the build up and keep the holding. Were in a growth phase

[brahmsnliszt] 03/12/2015 14:52

buy the build up/sell the results ?
anyway nice price action today £4 and beyond.....

[rcturner2] 03/12/2015 10:45

Next week's full year results will be very interesting to see what they have to say about the current year prospects.

[topvest] 03/12/2015 10:39

Looks like this is going to move up above £4 soon. Still cheap and due a rerating as a growth company sometime soon...hopefully!

[kalkanite] 03/12/2015 09:10

Thanks for the heads up Rivaldo.

I especially like the....

"demand for touchscreens of 55in diagonal and above is rapidly growing"

[rivaldo] 03/12/2015 08:45

ZYT to launch new solutions at ISE 2016 (as I'm sure we all know, that's Integrated Systems Europe 2016....):



"Zytronic to launch new touch solutions at ISE 2016
2 December 2015

Zytronic has announced its focus for ISE 2016 will be the manufacturer’s new 85in 4K touchscreen as well as a curved multi-touch kiosk, and a new object recognition function for touch tables.

The trend in retail and other sectors is for larger screens to create exciting customer experiences, and demand for touchscreens of 55in diagonal and above is rapidly growing. Zytronic can now create bespoke touchscreens of up to 85in diagonal, with 4K resolution, able to detect over 40 simultaneous touch points, and capable of operating in harsh environments.

Zytronic’s curved multi-touch kiosk (pictured) will also be on show for the first time at ISE. The unit features a single edge to edge printed, toughened and curved glass multi-touch interface combining a 40in main screen and a 19in waist-height, button deck. The twin display/single glass surface is managed by two ZXY200 multi-touch controllers.

Finally, Zytronic will demonstrate its object recognition functionality, a development aimed at touch tables in retail applications and based on its Multi-touch Projected Capacitive (MPCT) touch technology.

Ian Crosby, sales and marketing director commented: “For many applications, the fact that projected capacitive touch technology ignores non-conductive objects contacting the surface is a definite advantage. However, some retail uses, would benefit from the touchscreen recognising specific objects placed upon its surface, and this is something that we are now able to offer.”"

[rivaldo] 02/12/2015 10:56

Nice mention on T.M.F may have caused a little interest - and it doesn't even mention the cash pile:



"Meanwhile, touchscreen manufacturer Zytronic (LSE: ZYT) has enjoyed a very prosperous 2015, with the company set to deliver an increase in its bottom line of 21%. As such, its shares have risen by 26% since the turn of the year and, looking ahead to next year, more growth could be on the cards since Zytronic is forecast to increase its net profit by 8%.

Although Zytronic trades on a forward price to earnings (P/E) ratio of 15, it still appears to offer good value for money when its track record is taken into account. For example, in the last four years it has been able to increase earnings at an annualised rate of 7% and, with a niche product in a growing industry, it appears to be well-positioned to continue its excellent run of growing profitability. And, with Zytronic yielding 3.1% from a dividend which is covered twice by profit, it is a relatively appealing small-cap income play, too."

[topvest] 30/11/2015 19:52

Great little company this one. Turnover growth, low capex, no debt and fantastic cash flow. A rare breed of company. I think investors have overlooked this little gem and some of the new applications for its products. Very much a niche company but very promising indeed. Schroders buying is always a positive sign.