Zytronic Share Discussion Threads

[igoe104] 06/11/2016 21:32

nice write-up here.

[igoe104] 06/11/2016 21:17

Hyundai creates 80 digital dealerships with Zytronic based touch tables.

The 80-strong Hyundai car dealer network in Turkey has moved to a digital dealership model, following the installation of 43” diagonal touch tables created by Nerotouch, using custom designed 40-point multi touch MPCT™ Projected Capacitive Technology touch sensors supplied by Zytronic. A further 10-20 tables are expected to be installed in shopping malls, exhibition areas and other venues in the country within the coming months


busy times ahead.
ps. hopefully Hyundai roll it out globally ? and other car dealerships follow suit, it could be massive for zyt if it kicks off.

[effortless cool] 19/10/2016 21:05

Valuation in header updated to reflect trading statement.

[rcturner2] 18/10/2016 04:16

I'll never forget Trap Oil paying to get out of its oil price hedge just before the drop in oil prices, which meant that when the oil price collapsed they actually went bust. If that does not show the general idiocy of UK management nothing does.

[cockerhoop] 17/10/2016 10:46

Could be the overdraft!

The Group maintains an overdraft facility, which
it utilises in US Dollars and Euros, as part of
the hedging of its FX exposure. To complement
this, the Group also has an FX policy in place
whereby it is hedged in both currencies for a
minimum period of twelve months ahead up to
a maximum period of 18 months ahead to better
manage its net GBP inflows. As the timing of
the receipts is difficult to accurately forecast,
a sensitivity analysis has been applied to determine
a portion of the expected net exposure to be
hedged with any other surplus currency being
managed in the month in which it occurs.

[cockerhoop] 17/10/2016 10:41

Effortless Cool,

Agree, they also have a natural hedge in that they buy materials in Euro/USD for a decent portion of the sales they achieve in those currencies.

[fizzypop] 17/10/2016 09:27

Cautious management who under promise and over deliver.

[effortless cool] 17/10/2016 09:17

The FX hit is annoying. ZYT is cash rich and had no real need to hedge its currency exposure. No doubt another case of the bank flogging a product that is not really needed and the FD doesn't really understand.

[cockerhoop] 17/10/2016 08:41

Can't quite correlate the statement, significantly ahead of last year (which was 24.7p) and at least in line with market expectations (Stockopedia 25.9p).

The former to me suggests 28p+, whilst the latter 26-27p. Any other interpretations?

[shauney2] 17/10/2016 08:17

I thought you would have seen it coming crystalball!

A positive update.

Year on year revenue growth.

"Reported profit before tax for the full year will reflect the impact of a c. GBP0.9m non-cash provision arising from the Group's foreign exchange policy; however, the Group's underlying profit (before this non-cash item) is expected to be significantly ahead of last year and at least in line with market expectations.

A pity about the FX hit.I take it they over hedged.We will have to wait to see what significant is.

[crystball] 14/10/2016 21:20

Should get a trading update next week?

[rcturner2] 07/10/2016 09:15

Nice rise up from 320p on the chart, looks like a triangle formation, so should break one way or the other, hopefully up.

[cockerhoop] 05/10/2016 16:05

Saying that the Feb Interim statement was inline so i'm probably talking rubbish :-)

[cockerhoop] 05/10/2016 15:53

Thanks Glaws, wasn't one in 2012, subsequent 3 were all ahead of expectation statements so may not get one if inline?

[glaws2] 05/10/2016 15:49

I did enquire and the FD replied in the last week of Sept "we have not committed to a trading update" - but I would be very surprised if there wasn't one.

[cockerhoop] 05/10/2016 15:30

Trading Update Due? Sept and Oct in 14 & 15.

[igoe104] 23/9/2016 07:59

Leading manufacturer and supplier of heavy duty touch sensors Zytronic, through its Eastern European distribution partner Elatec, has landed another major design win for its Projective Capacitive Technology (PCT™). Hungarian systems developer AENSys has chosen PCT as the basis for its latest product – a data acquisition and workflow monitoring tool, which it is now rolling out across the continent.

[angora7] 22/9/2016 18:40

Anybody know when the next trading statement is due? Last year it was around 15th Oct
TIA

[kalkanite] 20/9/2016 14:41

Looks like Zytronic have found some new customers for their products. Just scroll down and watch the video clip... hilarious...

[rcturner2] 16/9/2016 10:17

Zytronic showing good price strength at the moment.

[essential] 10/8/2016 10:17

Bought back into these this am - just needs to brake 375p and it's a new breakout into strength