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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Zytronic Plc | LSE:ZYT | London | Ordinary Share | GB0006971013 | ORD 1P |
Bid Price | Offer Price | High Price | Low Price | Open Price | |
---|---|---|---|---|---|
38.00 | 42.00 | 40.00 | 39.00 | 40.00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
Magnetc,optic Recordng Media | 8.61M | -1.56M | -0.1539 | -2.60 | 4.06M |
Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
---|---|---|---|---|
16:01:33 | O | 775 | 40.75 | GBX |
Date | Time | Source | Headline |
---|---|---|---|
26/2/2025 | 07:00 | UK RNS | Zytronic PLC Outcome Statement, Proposed De-Listing & Update |
19/2/2025 | 07:00 | UK RNS | Zytronic PLC Conclusion of Sale Process and Asset Wind-Down |
03/2/2025 | 07:00 | UK RNS | Zytronic PLC Board Changes & Process Update |
18/12/2024 | 07:00 | UK RNS | Zytronic PLC Board Changes |
14/11/2024 | 11:38 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
14/11/2024 | 07:00 | UK RNS | Zytronic PLC Conclusion of Strategic Review |
14/11/2024 | 07:00 | UK RNS | Peter Gyllenhammar AB Form 8.3 - Zytronic Plc |
13/11/2024 | 12:37 | UK RNS | Peter Gyllenhammar AB Form 8.3 - Zytronic plc |
13/11/2024 | 10:31 | UK RNS | Singer Capital Markets Sec Ltd Form 8.5 (EPT/RI) |
12/11/2024 | 17:33 | UK RNS | Zytronic PLC Holding(s) in Company |
Zytronic (ZYT) Share Charts1 Year Zytronic Chart |
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1 Month Zytronic Chart |
Intraday Zytronic Chart |
Date | Time | Title | Posts |
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27/2/2025 | 09:22 | Zytronic plc 2024 - deep value upside potential ? | 168 |
19/2/2025 | 18:47 | Zytronic - The Long Story | 1,890 |
21/5/2016 | 22:38 | Zytronic - 2009 | 1,164 |
30/4/2009 | 12:12 | Time for a Bull Flag from this Chart | 395 |
21/4/2009 | 15:09 | Zytronic plc | 2 |
Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
---|---|---|---|---|
2025-03-14 16:01:35 | 40.75 | 775 | 315.81 | O |
2025-03-14 15:48:20 | 39.62 | 10,000 | 3,962.10 | O |
2025-03-14 14:18:47 | 39.62 | 1,196 | 473.87 | O |
Top Posts |
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Posted at 15/3/2025 08:20 by Zytronic Daily Update Zytronic Plc is listed in the Magnetc,optic Recordng Media sector of the London Stock Exchange with ticker ZYT. The last closing price for Zytronic was 40p.Zytronic currently has 10,161,737 shares in issue. The market capitalisation of Zytronic is £4,064,695. Zytronic has a price to earnings ratio (PE ratio) of -2.60. This morning ZYT shares opened at 40p |
Posted at 19/2/2025 10:00 by kiwihope Hi gdjs100,I really hope you are right. Freehold property valued at about £3M. I don't think equipment and plant will achieve much. The factor to consider is time. I have no idea about the property market in that area. The liquidator will not wait forever. But each £1M net above my estimate means another 10p per share returned. |
Posted at 19/2/2025 09:44 by kiwihope So for me this looks like a Hold rather than a Buy or Sell at the current price... |
Posted at 19/2/2025 09:26 by kiwihope I don't think return will be zero. I really don't have enough information but I am going to have a go at estimating return value.The most solid assets are current. Cash is £3.3M. Inventory and trade receivables were £4.4M Mar24 so guess £1.7M now as these have probably been wound down. So total current assets say £5.0M. Fixed assets: intangibles are now zero as no sale achieved. Property, plant and equipment was £4.8M Mar24 but I think this will be heavily discounted in a fire sale. I don't know about the property, does anyone else? Let's say £1.0M achievable. So realised assets of £5.0M. Total liabilities were £0.9M but these have also probably been wound down. Let's say now £0.5M. Net realised assets say 4.5M. The winding up costs are very hard to estimate. But 100 or so employees at £10k each redundancy would be £1M. So I guess £1-2M total cost. That leaves £2.5-3.5M for shareholders, about 25-35p per share. Risks on upside are mainly PPE which could be more than £1M. Risks on downside are mainly closing costs which could be more than £1-2M. Only my estimates and I hope we get more than this. |
Posted at 19/12/2024 17:04 by latehouse I guess the entry of Henry Spain to the board is to safeguard their interests (and by extension the interests of the other shareholders) - which is a positive.As time progresses, IMO the sale of the business as a going concern becomes less likely and I really can't see NEXTEQ being interested other than perhaps in some of the patents applicable to Gaming or their Densitron subsidiary - certainly not the plant/equipment much of which is quite specific to Zytronic's wire 'printing' method of touchscreen production. Maybe another touchscreen controller/chip manufacturer could conceivably be interested in relevant patents? A couple of the big, well known ones are Synaptics and Microchip. Unfortunately, with the November strategic review announcement, as noted, the competitors will have been immediately approaching ZYT's remaining customer base, and distribution channels, and strategic purchasing decisions will have been made or are being made, which exclude ZYT. As a consequence, I would expect ZYT to be issuing Last Time Buy notices to bulk up their order book short term. I also note that looking at the 'Meet the Team' website page, they have removed their Asian sales staff suggesting these have been let go, and I would expect the US will be next. It all stacks up with the business being a 'dead man walking'. Hindsight is a wonderful thing, but if only the millions used on the conservative share buyback to satisfy the bigger institutional investors had been spent productively and with more foresight and vision on an acquisition...it's a very sad end for the un/semi skilled workforce, with the BoD likely to walk away with chunky contractual payoffs. |
Posted at 18/12/2024 18:49 by cliffpeat @ALS. In the RNS of 14 November it refers to the sale of the Zytronic trading company being sold as part of the realisation of assets - leading to the liquidation.I've thought about the possibility of a reverse takeover by a sizeable and prosperous private or PE owned company operating in the same market sector. The likelihood of there being such a company wanting this route to a listing is low and I suspect that shareholders now only want "cash". Like you, I've wondered whether Nexteq might be interested. I believe that Glen Arnold is quite aware of a number of businesses in the ZYT and related sectors, here and abroad - but don't know if any have been directly solicited. A competitive fight between 3 or 4 "real" suitors is the dream scenario - but even at this time of year it's unrealistic to believe in dreams. GLA |
Posted at 18/12/2024 14:18 by cliffpeat I see Glen Arnold's appointment as a positive.As an investment fund manager he will be highly motivated to identify value in ZYT and best strategy to realise it. He might also oversee "fair play" when the interest of shareholders and board member might not align. I just hope that in his position as "non-executive" he has more influence on the senior management than did Jon Walter. See candid interview at Start at 30mins 48sec |
Posted at 26/11/2024 20:25 by latehouse Yes, very interesting Desert Island Investor post and thanks for creating and sharing @MarkAtkinson. I hope the Chairman, NEDs and larger investors are pushing for sale quickly now. The ‘cat is out of the bag’ and opportunistic competitors will be sowing seeds of doubt in ZYT customers minds. No observant client in their right mind will now be committing to long term design-in projects, which will expose their supply chain and product development plans. ZYT have never operated in markets/sectors where purchase decisions are made quickly. However, The longer a sale drags on now, the true value that a prospective buyer sees in the business will diminish as customers busily work to design ZYT out of their current and future products |
Posted at 24/10/2024 10:08 by cliffpeat Sale of ZYT.Is there any way we "small" investors can help to identify potential bidders and let them know of the opportunity? ChatGPT 4o has produced a list of UK based companies broadly in the same general market to ZYT. I am sure that Mr Cambridge will know most of the companies for whom ZYT might be a good fit. I hope that the company has already produced a Sale Memorandum. If 4 or more independent bidders can be found then it may be "game on". Is the sum of the parts greater than the whole? - if so, it might make it interesting as a trade sale to a PE funded fast-growth business. Any thoughts on how we can influence the next step? |
Posted at 04/10/2024 12:35 by latehouse @CliffPeat, thanks for the Dellner summary. Apart from the shared history (and proximity) between their Dellner Romag subsidiary and ZYT, the notable point for me is that DR fairly recently entered the museum/gallery/high- |
Posted at 10/9/2024 22:45 by cerrito I wonder if the share price weakness today was linked to the NXQ interims. Their division Quixant which does the gaming/ slot machine market had a 10% YOY sales decline.Their Densitron division which has read across to ZYT was not very encouraging with declining sales, continued reference to customer destocking and no immediate turn around on the horizon. |
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