Dialight Share Discussion Threads

[herewegouk] 15/1/2014 08:45

Hmmm post 2513 you talked of 700p resistance, now 800p, naturally you will only short right at the top.

[itchycrack] 15/1/2014 08:36

Hmmmmmm..............looks like 800p is gonna be major resistance now. Still watching to add to short position.

[bones] 15/1/2014 07:39

FD falls on his sword. Hopefully for holders that is not a sign of something untoward financially.

[itchycrack] 14/1/2014 13:48

If 800p proves to be the new resistance I'll add to my short, otherwise I'm holding for now.

[addison17] 14/1/2014 13:33

Getting ready for 800p.

[sh1202] 14/1/2014 12:46

thanks very much

[cambium] 14/1/2014 12:36

Yes this is looking like a short squeeze. Very much so.

[ferro7] 14/1/2014 12:34

Can find it here

[sh1202] 14/1/2014 11:25

stupid question perhaps, but where do you find out how many shares are short and how can you tell when the positions are being closed?

cheers

[beeezzz] 14/1/2014 11:16

Looks like the shorts are being closed, slowly slowly regaining all the losses.

[beeezzz] 13/1/2014 11:41

With P/E only 10.5 @ 726p which seems low for high growth company....as on broker noted it not a matter of demand it's matter of supply, good to see the company expanding manufacturing facilities in Mexico.

[t 34] 13/1/2014 09:11

it mighr recover to these 800p.

[darren365] 12/1/2014 13:14

Dialight, former stock market darling, has another tough week but a recovery play?

[t 34] 10/1/2014 17:54

next week should be blue at the end.

[beeezzz] 10/1/2014 15:56

Quite a few reasonable size trades today, especially after US opened, is something brewing.

Another broker trying to get his clients money back by the looks of it, blimey O'Reilly.

[beeezzz] 09/1/2014 14:25

The only reason I sold ASOS was to take my CGT allowance which I like to take and put into an ISA, it was a mistake. However, ASOS is reaching a point where the slightest disappointment will see the share price really take a bath. If you always sell stocks at profit you can't go wrong, JDG was also sold to early from my sipp like ASOS have few shares in issue, so not happy at the moment , and may change my overall investment strategy up to the next election by staying in cash more than in stocks.

The only thing that effects an share price is growth and a company which continues to grow will increases is overall worth, simple.

A real growth area I'm looking into is personal health monitoring devices, I feel this could be huge, especially if insurance companies demand certain monitoring criteria when issuing policies.

[itchycrack] 09/1/2014 13:23

I personally only sell a stock if the underlying story materially changes negatively. Following this principle you'd still be in ASOS, etc.
I religously follow this principle myself and its definitely been the right approach, e.g. ASCO (prev LOQ) from sub 10p to almost 800p now.
IMHO this is THE strategy for accumulating significant long term wealth from the stock market.

[beeezzz] 09/1/2014 13:05

Jeff...% can be misleading growth of 127% from what base, 100% increase of 1 is 2, then you have 73% of what was 1.25 times previous years increase which combined is up 200% so 50% from that level is not that bad, I bet most companies would be happy with 50% growth, I know this is baked into the share price having a high growth rating P/E. The industrial lighting business is far larger than the obstructive lighting, IMO. The total project estimates are $12,074Bn and $1.2Bn lighting estimates so far according to their 2012 preliminary results PDF page 27.

What I'm trying to say is that the sales growth will diminish as it is based on a lager size of sales each year, I could be wrong and usually am.

I think you are right to be cautious you a great call and don't throw away that success on making a bad one, which I can understand. I sold 2.5K of ASOS @600p today they would have been worth £170K, I still lie awake night regretting that sale, the opposite of a good call.

[jeffian] 09/1/2014 10:11

Hmmm. We'll see, but I'm not sure the argument is convincing. DIA has had fantastic growth in one part of its business - Industrial Lighting - which has offset the other parts of the business where growth has been slower or is declining. Had the exponential growth in IL profits continued, overall profit growth would have accelerated as this segment represented an ever-larger slice of the total business. The FT article highlights that IL growth - while still good - is tailing off. ("Its industrial lightings sales grew by 50 per cent in the year, down from growth of 127 per cent in 2011 and 73 per cent last year.") Bearing in mind, as I mentioned earlier, that the "50%" was 60% only 2 months ago meaning that currently sales are flat. Plot those figures onto a graph and it won't look so good. They really need to show that the rate of growth has stabilised before I'm convinced the worst is over.

[bingaxu] 09/1/2014 07:47

Reasons that broker still rate buy:http://www.ft.com/cms/s/0/fdc4caf2-7863-11e3-831c-00144feabdc0.html#axzz2psvPyb6d

[jeffian] 08/1/2014 22:50

Believe me, beeezzz, there's plenty I've fallen in love with and watched profits disappear - the worst being ETI which at one time showed me +19x before falling from over £8 to 26p! DIA was an unusual decision for me, based on the fact that it had become very highly rated on PER and low divi yield, but there's others in my portfolio causing similar indecision - e.g. AVON and DPLM. I even got round to selling some AVON at 450 on the grounds it was a hot valuation and where are they today? 615. Doh! Buying is the easy bit. I just can't crack when to sell, so DIA was an aberration for me!

[beeezzz] 08/1/2014 21:36

dee...Yep I knew they were a competitor for quite a while, it was just the way Dia management decided to drop them without a coherent strategy to fill what is and was a great deal of DIA's business. Not sure anything good will come out of the results unless they come up with few major orders, I imagine those orders are coming down to price.

Jeff well done...you've held for a very long time and you're right making that all important call is so difficult, probably down to fact we tend to be optimistic with our stock picks. As the old adage goes never fall in love with a stock, unless it's ASOS.

[deej4y] 08/1/2014 18:10

@ beeezzz

The US distributor was dropped as they become a competitor. Someone in summer added a link to a conference call in America, where the CEO explained this.

Hope this helps

[jeffian] 08/1/2014 17:59

Having sold at 1356 after holding since Roxboro days, this is one of the (very, very) few that I have not only called right but actually acted upon (I normally sit and stare at the screen while profits disappear in a puff of smoke). On the basis that earnings were forecast to be "flat" returning to growth in 2014, I was planning to buy back if the shares went sub-£8 (based on a forward PER around 14x). However, the latest Trading Update now says they're not going to be flat but over 26% down and lower even than the preceding year. More worryingly, the growth driver of Industrial Lighting seems to have stalled. In the preceding IMS they said that sales for the 10 months were +60% but they are now forecasting +50% for the year as a whole. According to my maths, that means sales in the last 2 months have been flat. Hmmm. Still like the company but would like to see things stabilise before plunging back in.

Edit: Revised forecast for current year seems to reflect earnings per share around 30.7p putting the shares on a multiple of nearly 23x at tonight's closing price. Still pretty hot if earnings don't recover quickly.