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DET Deltron Elec.

262.25
0.00 (0.00%)
10 May 2024 - Closed
Delayed by 15 minutes
Debts.Co.Uk Investors - DET

Debts.Co.Uk Investors - DET

Share Name Share Symbol Market Stock Type
Deltron Elec. DET London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 262.25 01:00:00
Open Price Low Price High Price Close Price Previous Close
262.25 262.25
more quote information »

Top Investor Posts

Top Posts
Posted at 27/10/2005 10:26 by ansc4495
Exactly but perhaps, oh Wise-one, it might encourage investors if you posted EKT's one year performance chart just to show how brilliantly they've done?
Posted at 27/10/2005 10:19 by ansc4495
I've got the message, oh Wise-one, but why aren't those idiot investors listening to you? Not one share sold this morning in your beloved EKT, you must be feeling so frustrated!
Posted at 27/10/2005 10:04 by fusebox
Dropping again investors are probably taking the cash rather than paper EKT is the likley place to invest as its grossly undervalued. On Deltron's valuation EKT could rise 3 times.
Posted at 26/10/2005 20:06 by ansc4495
"Elektron looking very bullish indeed no wonder Delron investors are switching to EKT"

Oh, Wise-one, you do tell some porkies! I've just had a quick look at EKTs trades for the last two days; yesterday, two buys (25k), today six buys (101k) - not what you'd call awe inspiring is it when you've been telling all-and-sundry that their price is set to treble.

Still having trouble printing that ONE year chart!!
Posted at 26/10/2005 18:23 by fusebox
Elektron looking very bullish indeed no wonder Delron investors are switching to EKT...



Gets more bullish by the week.
Posted at 26/10/2005 12:23 by fusebox
If investors had have switched to Elektron they would have saved themselves a lot of money!!!
Posted at 25/10/2005 10:12 by topinfo
Takeover...Yipppppeeeeee

Stmnt re Share Price Movement

RNS Number:1124T
Deltron Electronics PLC
25 October 2005


PRESS ANNOUNCEMENT

FOR IMMEDIATE RELEASE

25 October 2005

DELTRON ELECTRONICS PLC ("DELTRON" OR THE "COMPANY")

The Board of Deltron notes the recent movement in its share price and confirms
that it is in discussions with a third party which may or may not lead to a
recommended offer being made for the whole of the issued and to be issued share
capital of the Company. There can be no certainty that agreement will be reached
and an offer made.

In accordance with Rule 2.10 of the City Code on Takeovers and Mergers, the
Company confirms that it has 41,408,194 ordinary shares of 5 pence each in issue
and admitted to trading on the London Stock Exchange under the UK ISIN code
GB0002618410.

A further announcement will be made as appropriate.

Dealing Disclosure Requirements

Under the provisions of Rule 8.3 of the City Code on Takeovers and Mergers (the
"City Code"), any person who, alone or acting together with any other person(s)
pursuant to an agreement or understanding (whether formal or informal) to
acquire or control relevant securities of Deltron, owns or controls, or becomes
the owner or controller, directly or indirectly, of one per cent. or more of any
class of securities of Deltron is required to disclose, by not later than 12.00
noon (London time) on the London business day following the date of the relevant
transaction, dealings in such securities of that company (or in any option in
respect of, or derivative referenced to, any such securities) during the period
to the date on which the offer becomes or is declared unconditional as to
acceptances or lapses or is otherwise withdrawn.

Under the provisions of Rule 8.1 of the City Code, all dealings in relevant
securities of Deltron by the offeror or the offeree company, or by any of their
respective "associates" (within the meaning of the City Code) must also be
disclosed.

If you are in any doubt as to the application of Rule 8 to you, please contact
an independent financial adviser authorised under the Financial Services and
Markets Act 2000, consult the Panel's website at www.thetakeoverpanel.org.uk or
contact the Panel on telephone number +44 20 7638 0129; fax +44 20 7236 7013.


This information is provided by RNS
The company news service from the London Stock Exchange

END
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36 gb advfnpgsiwiga nmona stocks :: 25/10/2005 10:11:33 :: 0.0866 (0.0744 ~86.0) :: 0.0104 ~12.0 - 4 - -2 - 7 - 0 :: 0.0017 ~2.0 - 1 - 0
Posted at 31/8/2005 15:55 by fusebox
Shareholders and posters seem to have exited now.

I was very bearish on this stock. The company overpaying for acquisitions and spending too much cash. Net debt is rising quite quickly. Moreover there is an awfull lot of goodwill in the balance sheet. Any earnings are hardly covered depending whivh way you do the calculatins.

Investors would have been far better jumping into EKT. They still are.

The charts bear this out too....

Deltron 2 year chart>>>






Elektron 2 year chart>>>
Posted at 17/6/2005 22:10 by fusebox
Still crumbling as i predicted months ago now.

EKT has far better fundamentals ie...eps is far better compared to its market cap. Marging are far higher at EKT. Deltron is debted and EKT net cash.

Investors in Det should have switched months ago...its not too late cos EKT will be re rated upwards soon as its undervalued.
Posted at 18/2/2005 13:13 by johnroger
Investors Chronicle

18 February 2005

DELTRON ELECTRONICS (DET)


80p - Electronics - Improving market conditions have helped underpin the recent resurgence at Deltron. But the turnaround at the electromechanical solutions provider has as much to do with strong management as it does with good products. One of the keys to its success has been expansion across Europe, meaning that Deltron is not dependent on any one country, customer or supplier. It also enables the company to compete for pan-European contracts. "We're at the stage now where we're big enough to be important," says chief executive Christopher Sawyer. "But we're also small enough to duck and dive."

This means that Deltron is an attractive pan-European business and, boosted by good levels of operational gearing, its profits should continue to grow disproportionately to sales for the time being. Although the current climate remains demanding, conditions are stable, and the company is making the most of reduced volatility. Fertile markets include the automotive industry, and the instr- umentation and medical sectors. "The shift from high-volume, low-margin to higher skilled areas will help underpin growth," says Mr Sawyer.

One issue that Deltron has to contend with is inventory correction. This has affected levels of activity, but the company has been winning more smaller orders on a regular basis. And, with its order book representing nearly two and a half months' sales, Deltron appears to be coping well in today's market. The key now is to build on last year's performance, and fulfil targets of 3 to 5 per cent organic growth, while continuing its acquisition strategy.

"Admittedly, we completed deals at the wrong price a few years ago," says Mr Sawyer. "But they have laid the foundations for our wide customer base." During 2001, Deltron spent £13.9m on six acquisitions, and the combination of paying over the odds and tough market conditions took their toll. Now, though, the company is in a much stronger position and, having raised £6.4m in October 2003, it is ready to add to last year's acquisition of component distributor Quiller Holdings. "We now have the money to invest in our own growth, without depending on the market," says Mr Sawyer.

The £3.2m acquisition of Quiller is expected to be earnings-enhancing this year and will strengthen Deltron's position in the UK. Quiller brought with it a number of new UK franchises, including additional products for the aviation and security markets. Its sales totalled £4.2m last year, with profits of £246,000.

Having strengthened its position in Europe, Deltron is now concentrating on improving organic growth. After years of contracting markets, the company now intends to take advantage of an expanding sector and of last year's solid performance - when profits rocketed on the back of the company's good operational gearing.

Because of its size, there is a real risk/ reward correlation with Deltron. So, even though market conditions are not as volatile as they have been, investors have been wary when it comes to investing in this industry. But the company is well-positioned in an improving market - albeit improving slowly - and, for investors who have lowered their previously high expectations of returns in this sector, Deltron looks like a good bet. What's more, any reduction in interest rates should help to stimulate demand and further boost growth at the company. Buy.




--------------------------------------------------------------------------------
Ord price: 80p Market value: £33m
Touch: 78-82p 12-month High: 91p Low: 64p
Dividend yield: 2.8% PE ratio: 13
Net asset value: 46p Net debt: 38%




--------------------------------------------------------------------------------
Year to Turnover Pre-tax Earnings Dividend
30 Sep (£m) profit (£m) per share (p) per share (p)

--------------------------------------------------------------------------------

2002 65.5 -0.60 -2.36 1.75
2003 64.0 -1.52 -4.77 1.75
2004 65.7 1.14 1.48 1.87
2005* 73.0 3.50 5.80 2.00
2006* 75.0 4.10 6.40 2.20
% change +3 +17 +10 +10

--------------------------------------------------------------------------------

*Evolution estimates
Market makers: 5
Normal market size: 1,000
Last IC view: 5 Nov, 2004

BULL POINTS
Pan-European marketplace

Reduced market volatility

Good levels of operational gearing

Yet to benefit from Quiller acquisition

BEAR POINTS
Inventory correction is affecting company's products

Patchy track record

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