Zytronic Share Discussion Threads

[value viper] 25/4/2024 09:13

Well?few more pour moi

[cerrito] 24/4/2024 20:56

I am going on the basis that the next RNS will be a Notice of results with the timing of the interims consistent with May 12 last year and May 17th the year before.

[value viper] 23/4/2024 19:12

Basis last year, a trading update is possibly due followed shortly after by interim results.

[value viper] 27/3/2024 08:55

That's my 7000 at 60p

[crystball1] 26/3/2024 17:46

Yes, indeed, interesting. Is it unique to Zytronic?

[cliffpeat] 26/3/2024 17:22

An interesting post today on LinkedIn



"Early start today, Newcastle to London for an exciting day that has been four years in the making - discussing exciting possibilities with some high end design companies about powering lighting without cables, transparently through the magic of Zytronic
ElectroglaZ"

Let's hope that the long gestation produces some valuable business.

The link to the video is here:

[cerrito] 18/3/2024 17:18

Thanks CliffPeat for the updates.
I am going on the basis that the next substantial update will be the interims in mid may.
Wad anyone here more organised than me and made the AGM??

[cliffpeat] 18/3/2024 16:44

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."

[cliffpeat] 05/3/2024 17:42

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.

[cliffpeat] 29/2/2024 12:09

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.

[cerrito] 29/2/2024 08:54

Net cash down from £4.7m at end September to £4.1m endof February but hard to draw firm conclusions without knowing what is going on with the working capital position.

[chrisdgb] 29/2/2024 08:47

Just need a couple of nice contracts for this to turn....

[gdjs100] 29/2/2024 08:00

Doesn't look like anything has changed since the IMC - recovery still expected from H2 24/H1 25, cash balance is resolute, products are being well received, investing in sales to turn the business around.

[cerrito] 28/2/2024 17:36

I had great plans to go but am too disorganised to make it happen and would appreciate input from those who can make it.
I am interested to see what anyone who goes makes of the new Chsirman.
Yes will be interesting to see if we get a statement ie has anything changed very much since the Jan 9 IMC.If not I guess we will need to wait till the interims in mid may

[gdjs100] 28/2/2024 14:49

Anyone planning on going?

[value viper] 28/2/2024 10:12

AGM tomorrow - further trading info perhaps

[boonkoh] 08/2/2024 09:29

Interesting almost back to pre-results level on usual daily volumes.

[value viper] 08/2/2024 09:21

Again hhhmmm

[chrisdgb] 07/2/2024 11:13

Interesting….

[value viper] 30/1/2024 11:42

Shares have ticked up !

[cerrito] 30/1/2024 10:42

No surprise for me that the share price unmoved by the IMC presentation.
I need to listen to the replay as I had other things going on at the time but overall the CEO -as in other presentations- for me came over well ,as did the FD, so nothing at all to be gained by replacing them and the question is more what control do they have on their own destiny.
Interesting that they have not applied at the AGM for authorization to buy back their shares in case the share price has a complete wobble.
I thought it good that after the presentation he was getting on the plane to the Barcelona trade show.

[cerrito] 28/1/2024 18:44

Had a quick look at the AR and are first glance seems professional and addressing the issues, but need to read more carefully.
Note that non tangible assets are roughly equal to marcap and the majority of this is development expenditure and let us hope they have been ruthless in their valuation.

[illiswilgig] 25/1/2024 08:50

Thank you value hound for the useful snippet.

IMC presentation on Monday 29th at 1pm. The Q&A should be interesting?

I take the new chairmans comment of good visibility of the cost base over the next 12 months - to guide towards neutral cashflow (ex working capital changes) and at around 0.5x TNAV.

Once I managed to decouple my thoughts from what I paid in the past I bought a few more. On the basis of the value with good recovery potential.

Currently looking down the back of the sofa for more cash, but not in a hurry, these turnaround always take longer than I hope.

Not sure that the sales director leaving is a bad thing? I have thought for some time that either the new products are not competitive or the sales team is not particularly good (I don't see their job as easy with the products so low in the supply chain and the level of competition). I have seen more evidence of the product being highly rated than I do of the sales team being highly rated. But its never an easy question to answer and I remain open minded - probably my largest concern - on the refresh of the sales and business development strategy.

cheers

[value viper] 24/1/2024 20:24

Thanks VH for this - it is good to read anything remotely positive here right now.Walking dog tonight I was thinking a 100p potential knock out bid from the right suitor would probably do it unbelievably.It is likely wishful thinking but the lack of director buying MIGHT be indicative of chatter in the background - otherwise it shows little conviction of improvement internally