Dialight Share Discussion Threads

[jeffian] 07/2/2014 16:33

Eh? Where do you get 70p of earnings from? They've guided us towards earnings around 30p/share which is over 23x PER falling to 14x next year if they hit a forecast 50p. To do the latter, they need to arrest the decline in Obstruction Lighting and restore growth in Industrial Lighting (the Trading Update shows that even Industrial Lighting sales were flat in the final period).

[beeezzz] 07/2/2014 16:19

P/E is only 10 so what is the big issue.

[itchycrack] 07/2/2014 16:12

Chart looking weak here, we could well see 600p over the coming weeks.

[hvs] 07/2/2014 15:58

Was u wearing a balaclava ?

[careful] 07/2/2014 15:55

this company as bright prospects.
the 701p i paid this morning was daylight robbery.

[salpara111] 07/2/2014 12:42

I day traded this one when it had its most recent fall and took an 8% gain which was nice but I decided not to make this a long term hold for 2 reasons.
1. They are overly reliant on just one product line
2. Their rate of sales increase in %age terms has halved in the last 3 years.....clearly the headline numbers are still rising at a good rate as volumes build but if the market believes that the rate of growth is slowing dramatically then the business needs to have its p/e re rated.
I have them on my monitor but am not ready yet to take a stake to hold as an investment.

[careful] 07/2/2014 12:18

growing companies are long term plays.
pe not so important.
look at amazon...huge pe/ low profit.

just had a nibble at 701p, i like the story here.
i will hold long term.

[wylecoyote] 07/2/2014 09:17

Wow,

I think i will be ready to jump on the 24/02...;-)

[bingaxu] 06/2/2014 07:52

This is interesting:http://www.businessgreen.com/bg/opinion/2326305/led-poised-to-become-clear-winner-in-race-for-better-lighting

[jeffian] 31/1/2014 23:15

beeezzz,
Well some institutions are buying and others are selling. So what? If they always got it right we wouldn't have a problem, would we? There is nothing that "the company may have told them" which can be anything we don't know unless someone wants to end up in prison.

My point remains. The current price assumes that the recent warnings are a 'hiccup' and growth will return to trend. Well I'd like to see some evidence of that before I buy back in. The other point I made previously is that even in the high-growth area of Industrial Lighting, growth has tailed off dramatically in the last period (it was actually flat) so I would like to see that that was an aberration as it is only the growth in that area which is counteracting the decline in sales elsewhere.

[pumski2] 31/1/2014 19:15

Really hvs up today. Have you held for long? charts look promising to me oversold now i think

[beeezzz] 31/1/2014 14:33

jeff...Institutions obviously have another view based on what the company may have told them, remember we are just noise to the company.

[hvs] 31/1/2014 13:04

Its dropping and its going down down down.

[jeffian] 31/1/2014 13:02

They've guided us towards earnings around 30p/share. That's still over 25x PER which is quite rich unless they're going to bounce back into the 50's next year. There's still risk on the downside here.

[beeezzz] 30/1/2014 17:08

Tom always a good sign...hopefully results won't be that awful in Feb

[tompion] 30/1/2014 16:55

Invicta buying yet more shares - now over 4%.

[beeezzz] 29/1/2014 17:25

Institutional buying continues which is only good.

[pumski2] 28/1/2014 11:21

looks like a time to buy. Bought some this morning @747

[beeezzz] 27/1/2014 21:28

Oversold, plus institutions still adding.

[tompion] 27/1/2014 19:49

Interesting that a share that has been in near free fall has been in the blue while the overall market has been hammered. Any thoughts?

[beeezzz] 27/1/2014 16:58

Well one of a few stocks in the blue today, US still selling off, bumpy few weeks ahead before results.

[beeezzz] 24/1/2014 21:35

Yes you are correct, my mistake, I wonder why they did not disclose there original holding in shares, is this a new way of disclosing institutional trades,

[tompion] 24/1/2014 18:34

Why Beeez - it went from below 5% to just over 5%.

[beeezzz] 24/1/2014 17:58

tompion... Are you sure, looks like they reduced their holding to 5%.

A lot of investors may have tax obligations end of this month, so seeing selling pressure from companies that have made them good profits, institutions also reducing exposure.

[tompion] 24/1/2014 16:50

Positive on a very bad day thanks to schroder's increasing stake to 5%.