Dialight (DIA) Share Price

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Stock Name	Stock Symbol	Market	Stock Type	Stock ISIN	Stock Description
Dialight	DIA	London	Ordinary Share	GB0033057794	ORD 1.89P

	Price Change	Price Change %	Stock Price	High Price	Low Price	Open Price	Close Price	Last Trade
	3.00	1.03%	295.00	310.00	290.00	294.00	292.00	16:35:28

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Industry Sector
ELECTRONIC & ELECTRICAL EQUIPMENT

Dialight DIA Dividends History

Announcement Date	Type	Currency	Dividend Amount	Period Start	Period End	Ex Date	Record Date	Payment Date	Total Dividend Amount
02/03/2015	Final	GBX	9.8	31/12/2013	31/12/2014	30/04/2015	01/05/2015	02/06/2015	15
21/07/2014	Interim	GBX	5.2	31/12/2013	31/12/2014	03/09/2014	05/09/2014	06/10/2014	0
24/02/2014	Final	GBX	9.5	31/12/2012	31/12/2013	30/04/2014	02/05/2014	03/06/2014	14.4
22/07/2013	Interim	GBX	4.9	31/12/2012	31/12/2013	07/08/2013	09/08/2013	06/09/2013	0
25/02/2013	Final	GBX	9.5	31/12/2011	31/12/2012	10/04/2013	12/04/2013	08/05/2013	13.5
23/07/2012	Interim	GBX	4	31/12/2011	31/12/2012	08/08/2012	10/08/2012	07/09/2012	0
27/02/2012	Final	GBX	6.7	31/12/2010	31/12/2011	08/04/2012	10/04/2012	09/05/2012	10
25/07/2011	Interim	GBX	3.3	31/12/2010	31/12/2011	10/08/2011	12/08/2011	08/09/2011	0
14/02/2011	Final	GBX	5.2	31/12/2009	31/12/2010	06/04/2011	08/04/2011	06/05/2011	8
26/07/2010	Interim	GBX	2.8	31/12/2009	31/12/2010	04/08/2010	06/08/2010	16/09/2010	0
03/03/2010	Final	GBX	4.3	31/12/2008	31/12/2009	10/03/2010	12/03/2010	01/04/2010	6.6
27/07/2009	Interim	GBX	2.3	30/12/2008	30/06/2009	05/08/2009	07/08/2009	17/09/2009	0
02/03/2009	Final	GBX	3.9	31/12/2007	31/12/2008	11/03/2009	13/03/2009	15/05/2009	6
29/07/2008	Interim	GBX	2.1	30/12/2007	30/06/2008	06/08/2008	08/08/2008	18/09/2008	0
03/03/2008	Final	GBX	3.8	31/12/2006	31/12/2007	12/03/2008	14/03/2008	09/05/2008	5.7
29/06/2007	Interim	GBX	1.41	30/12/2006	30/06/2007	27/06/2007	29/06/2007	10/07/2007	0
02/03/2007	Final	GBX	3.5	31/12/2005	31/12/2006	14/03/2007	16/03/2007	12/05/2007	5.25
18/09/2006	Interim	GBX	1.75	30/12/2005	30/06/2006	27/09/2006	29/09/2006	26/10/2006	0
13/03/2006	Final	GBX	6.4	31/12/2004	31/12/2005	22/03/2006	24/03/2006	12/05/2006	6.4
09/09/2005	Interim	GBX	3.4	30/12/2004	30/06/2005	21/09/2005	23/09/2005	20/10/2005	0
14/03/2005	Final	GBX	7.6	31/12/2003	31/12/2004	27/03/2005	29/03/2005	13/05/2005	11
15/03/2004	Final	GBX	6.9	31/12/2002	31/12/2003	24/04/2004	26/04/2004	30/04/2004	10
08/09/2003	Interim	GBX	3.1	30/12/2002	30/06/2003	17/09/2003	19/09/2003	16/10/2003	0
18/03/2003	Final	GBX	6.9	31/12/2001	31/12/2002	26/03/2003	28/03/2003	29/04/2003	10
17/09/2002	Interim	GBX	3.1	30/06/2001	30/06/2002	25/09/2002	27/09/2002	21/10/2002	0
18/03/2002	Final	GBX	6.9	31/12/2000	31/12/2001	27/03/2002	02/04/2002	30/04/2002	10
11/09/2001	Interim	GBX	3.1	30/12/2000	30/06/2001	19/09/2001	21/09/2001	18/10/2001	0
15/03/2001	Final	GBX	6.5	31/12/1999	31/12/2000	21/03/2001	23/03/2001	27/04/2001	9.5
19/09/2000	Interim	GBX	3	30/12/1999	30/06/2000	25/09/2000	29/09/2000	20/10/2000	0
13/03/2000	Final	GBX	5.9	31/12/1998	31/12/1999	20/03/2000	24/03/2000	25/04/2000	8.7
20/09/1999	Interim	GBX	2.8	30/12/1998	30/06/1999	27/09/1999	01/10/1999	27/10/1999	0
22/03/1999	Final	GBX	5.4	31/12/1997	31/12/1998	29/03/1999	06/04/1999	05/05/1999	8
21/09/1998	Interim	GBX	2.6	30/12/1997	30/06/1998	28/09/1998	02/10/1998	28/10/1998	0
23/03/1998	Final	GBX	4.9	31/12/1996	31/12/1997	30/03/1998	03/04/1998	08/05/1998	7.3

Date	Subject
08/1/2018 08:27	frazboy: interesting update - confirmation that the problems will run through into H1 2018 (expect those results to be poor too), that the product delivery issues are still very much prevalent, and that the CEO is out the door (which many long term holders will be grateful for?) muted share price reaction, I expected it to open down a bit but has held steady, I guess the talk of a dividend is still supportive, and the activist FM may be increasing their stake? possibly... next update 26th Feb ps - bountyhunter - yes, i'm sure check the DECC production data, and PFC news releases (where they admit that the Stella Profile isn't all they hoped it would be) Read Full Thread Follow Reply
23/10/2017 14:56	walbrock82: Share price maybe down 16%, but the market is still valuing the business highly. Here’s why: Investors may not realise this, but between 2000 and 2004, their average market capitalisation was £50m when average profit was £10.5m. Contrast this to the past four years, their average market capitalisation is £230m with an average profit of £3.5m. So, between 2000-04, Dialight average PER is 5 times, whereas 2012-2016 gives a PER of 75 times. For more and other companies’ analysis, click http://bit.ly/2z1DYXs Read Full Thread Follow Reply
06/10/2017 15:55	chasbas: Share price is weak. Anybody think of any reason? OK, rating maybe a little high for 2017 but 2018 prospects look strong. No interesting newsflow that I can see though they are presenting at exhibitions etc. Read Full Thread Follow Reply
01/9/2017 15:36	bbbbb: Interesting purchase announced... https://uk.advfn.com/stock-market/london/dialight-DIA/share-news/Dialight-PLC-Holdings-in-Company/75560621 Read Full Thread Follow Reply
01/8/2017 15:12	bbbbb: Tom, I can understand why you might say that if you only look at the numbers. However 2H is typically much stronger for DIA. Plus there are some other significant factors.. For a YoY comparison 1H in lighting (approx 80% of Dialight business) saw revenue +23% and GP +47%. Perhaps more significantly two of their major products lines (accounting for 60-70%) of the business have been redesigned, re-featured and are in the process of transitioning to Sanmina (Dialight's outsourced mfg partner). This transition has resulted in customers deferring their orders to benefit from the upgrades. The transition of all products will complete between now and y/e so I believe we will see a 2H boost from those deferred (as well as new) orders in 2H, with the major benefits flowing through in 2018. N+1 described the results as solid and lifted its price target to £11:00. I guess you either buy into the company restructuring roadmap, which is halfway through, or you don't. My view on seeing the results was 'I'd rather be sitting long approaching 2018 that short'. Ennismore are the only declarable shorter at the moment and they have sat on that position for 2 years this month, as all others made for the exit. I find it interesting that they have taken a further 0.3% short last week (and I suspect more today) driving the share price down. Either they don't believe in the turn-a-round story or they are taking the price down as part of a plan to reduce their exposure and limit their losses. It would not be the first time they have 'flipped' (see below) Short Position Ennismore Fund Management Limited 1.82% 28/07/2015 Ennismore Fund Management Limited 1.97% 10/06/2015 Ennismore Fund Management Limited 2.12% 02/06/2015 Ennismore Fund Management Limited 2.04% 26/05/2015 Ennismore Fund Management Limited 1.81% 19/05/2015 Read Full Thread Follow Reply
26/7/2017 17:46	bbbbb: I'd say the turn-a-round is underway and looking good. However, I'd liked to have seen more revenue growth in constant currency terms. they have said that they still have 3 of their large product lines to transfer to outsourced manufacturing and also that they have had some delays with certification on some of the new lines which has caused some customers to hold off on buying (as well as meaning some dual produciton costs). both issues they say should resolve before y/e. I think 2018 is when we should start to reap the bigger benefits of lower cost and that is when the drive in sales revenue needs to come through. What I don't understand is the share price reaction, some big volumes and a drop below £10 is a bit of a surprise to me. Read Full Thread Follow Reply
27/2/2017 16:21	3rd eye: Article from ample on DIA. Dialight tipped for rapid recovery By Lee Wild \| Mon, 27th February 2017 - 13:25 Dialight tipped for rapid recovery A series of crippling profits warnings blighted chief executive Michael Sutsko's early days in charge at LED lighting specialist Dialight (DIA), but his three-year strategic plan has had early successes and these full-year results are strong. They're so good, in fact, that house broker Investec Securities no longer believes the shares deserve to trade at a discount to peers, triggering a 26% hike in its price target. "Phase one of the plan, to rebuild our operating model, is largely complete," said a confident Sutsko Monday. "Phase two of the plan - growth initiatives to capture the long-term opportunity in LED lighting - is underway, and on track to deliver against our strategic plan." These corporate initiatives never come cheap, of course, and Sutsko's masterplan has wiped £16.4 million from Dialight's bottom line. "Operating model changes" include restructuring costs and impairment charges. It also covers over £5 million of redundancy costs as Dialight shifts UK production from Newmarket to US manufacturing partner Sanmina, and scales down its Mexican facility. The company made a loss before tax of £3.8 million in 2016, similar to the year before. Add back one-offs and it's a different story, however. Dialight doubled underlying operating profit to £13.1 million, giving underlying earnings per share (EPS) of 26.9p. That's on revenue of £182 million, up 13% which, admittedly, received a significant boost from translation of hefty dollar earnings back into weak pounds - Dialight made 71% of group sales in North America in 2016, up 20% year-on-year. Only 6% of revenue is generated in the UK. Operating profit received a £1.5 million currency boost. Strip out the currency effect and Dialight's top line grew by a more modest 2%. Dialight said 16 months ago it was targeting annual revenue growth of over 25% by the end of 2018. An operating profit margin at the core lighting division nudging 10% is also well on the way to achieving the 15% target, Sutsko tells Interactive Investor. Investec analysts Michael Blogg and Chris Dyett is convinced enough with the transformation to restate its earnings recovery profile, although it urges an element of caution given this is still early in the new financial year. "In view of the excellent execution of the strategy so far, we have eliminated from our valuation the discount (formerly 15%) to peers' average 2017e-19e EV/EBITDA ratios," write the pair. "Our target price rises by 26% [from 850p to 1,070p] on peers' rerating and the increasing cash resources, and we reiterate 'buy'." Sensible move That's a sensible move. However, the market has been pricing in better times for a number of months, encouraged by a series of regular confidence-building progress updates. Indeed, Dialight's share price has already more than doubled to a three-year high since bottoming out at below 400p a year ago, its lowest since summer 2010. The shares now trade on an EV/EBITDA ratio for 2017 of 11.3, dropping to 7.7 for 2018. And, on Investec's estimates for adjusted EPS of 35.4p this year and 59.7p a year later, the price earnings (PE) ratio is 27 times, dropping to 16 in 2018. Dialight shares have recently pulled back following a test of technical resistance at around 1,025-1,030p, which is unsurprising. Hit those achievable growth targets and there's good reason to believe in further recovery, though perhaps not at the pace investors have been used to in recent months. Read Full Thread Follow Reply
23/5/2016 13:28	dangersimpson2: Sadly I have no great insight into the short term movements of the share price. What I will say is that if you view the last 6 years results on the Stockopedia StockReport and ignore the share price movements you see a company that has managed to generate modest revenue growth and pretty much no profit growth even if you exclude the bad 2015/2016 years as anomalies. Generally this means that the company is operating in increasingly competitive markets. They are not a consumer business but one only has to look at the LED lights available on Amazon from Chinese manufacturers to know that the Dialight product itself has little to no sustainable competitive advantage beyond their distribution networks. That their turnaround plan is essentially cost saving and manufacturing efficiency tells you that this is now a low margin sector and should be priced as such. It is the classic case of the returns from new technology going to the consumers (& environment?) and not the companies creating the technology. If they remain in the same sector with increasing sales but declining margins then something around the £2 would seem a reasonable fair value to me after the business has completed it's turnaround. Read Full Thread Follow Reply
26/4/2016 09:04	dangersimpson2: The board continues to target underlying EBIT growth for the Group's full year performance. I agree it's almost impossible to get an accurate steer from that statement. The only thing we can do is to compare to FY15. Underlying EBIT for 2015 was £6.1m. Given that they are only 'targeting' growth not 'confident' of it I would expect them to have a poor first half and only deliver a marginal increase for the full year. Say £6.5m. This would be a big miss on the 23p EPS 2016 consensus. The 2015 results suggest they will have a minimum £12m of exceptional costs in 2016 so reported figures will be another loss and debt will increase to say £10m. With the market cap at £182m they would be on a fwd underlying EV/EBIT of c.30x. Given that a struggling company would normally trade on 6x EV/EBIT or less then based on today's trading statement the share price would seem to have a long way to drop to reflect current trading. A recovery is forecast in 2017 but even then the company would be on a high mid-teens EV/EBIT multiple. How confident should we be of 2017 if they miss on a modest recovery in 2016? Read Full Thread Follow Reply
08/1/2014 13:29	connor23: Shanklin, I think DIA's USP has been with innovation within LED lighting. I presume this confers some pricing power, but I look forward to seeing full year results to get a good look at the figures and confirm. I remembered the RNS from earlier in the year which touches on this. I am taking a view that the issues with the other side of the business are a 'blip' (which they have been pretty negative on all year so the issues today don't surprise me), and that the lighting side will continue its rapid growth. I think the story and bull mkt are strong enough to see a recovery in the share price, and hopefully Dialight can get back on track this year. Dialight Announces Next Generation 20-Year Power Supply for LED Lighting Fixtures Date : 25/02/2013 @ 15:01 Source : PR Newswire (US) Stock : Dialight (DIA) Quote : 641.0 -202.0 (-23.96%) @ 13:05 HOME » LSE » LSE » Dialight share price Dialight Announces Next Generation 20-Year Power Supply for LED Lighting Fixtures PrintAlert Dialight (LSE:DIA) Historical Stock Chart 1 Year : From Jan 2013 to Jan 2014 FARMINGDALE, N.J., Feb. 25, 2013 /PRNewswire/ -- Dialight (LSE: DIA.L), the innovative global leader in LED lighting technology, today announced its innovation program has developed an industry leading solid state power supply with an expected life of 20 years. Dialight's new power supply technology guarantees long-life performance even in the most demanding applications. "Dialight has once again set the bar with our latest power supply design, providing our customers with reliable and efficient illumination for up to two decades in the harshest environments around the world," said Roy Burton, Dialight's Group Chief Executive. "Unexpected lighting failures and frequent bulb changes will become a thing of the past." The new power supply will debut on the company's award winning LED High Bay products for industrial and hazardous locations in Q2-2013 and will be integrated into additional Dialight fixture families this year. Superior Innovation Dialight's in-house power supply development has already proven to be a significant benefit for its customers resulting in LED lighting fixtures with superior lumen-per-Watt efficiency, high power factor, low THD, various input supply options and high transient surge protection. With full quality control over every component within the electronic system, Dialight's designs are based on topologies and design techniques developed over several years. Efficiency and Lifetime With a power supply efficiency increase of 7% from previous designs, Dialight's new 20-year power supply will initially improve fixture lumen-per-Watt efficiency to over 110 lm/W surpassing competing LED fixtures and traditional lighting technologies alike. Compared to conventional HID lighting fixtures with bulbs that last 2 years between changes and which often fail unexpectedly due to extreme temperatures and shock or vibration, the new Dialight 20-year power supply will offer a tremendous total cost of ownership savings. Maintenance can be very costly to replace these lamps in hazardous environments. Bulb changes require permitting, scaffolding to be erected, processes to be shut down and multiple personnel for safety supervision, In many cases providing payback in less than 2 years, Dialight's customers will continue to benefit from this new 20-year power supply design far into the future. This new solid state power supply design is the latest innovation in Dialight's rapid technology development program that has turned out a number of first-to-market technologies, including the first UL Class I, Div. 2 hazardous location certified high output LED fixture to achieve an efficiency of over 100 lumens-per-Watt. Read Full Thread Follow Reply

Date

Subject

08/1/2018
08:27

frazboy: interesting update - confirmation that the problems will run through into H1 2018 (expect those results to be poor too), that the product delivery issues are still very much prevalent, and that the CEO is out the door (which many long term holders will be grateful for?) muted share price reaction, I expected it to open down a bit but has held steady, I guess the talk of a dividend is still supportive, and the activist FM may be increasing their stake? possibly... next update 26th Feb ps - bountyhunter - yes, i'm sure check the DECC production data, and PFC news releases (where they admit that the Stella Profile isn't all they hoped it would be)

Read Full Thread

23/10/2017
14:56

walbrock82: Share price maybe down 16%, but the market is still valuing the business highly. Here’s why: Investors may not realise this, but between 2000 and 2004, their average market capitalisation was £50m when average profit was £10.5m. Contrast this to the past four years, their average market capitalisation is £230m with an average profit of £3.5m. So, between 2000-04, Dialight average PER is 5 times, whereas 2012-2016 gives a PER of 75 times. For more and other companies’ analysis, click http://bit.ly/2z1DYXs

Read Full Thread

06/10/2017
15:55

chasbas: Share price is weak. Anybody think of any reason? OK, rating maybe a little high for 2017 but 2018 prospects look strong. No interesting newsflow that I can see though they are presenting at exhibitions etc.

Read Full Thread

01/9/2017
15:36