Dialight Share Discussion Threads

[careful] 29/7/2015 09:19

yesterday an alert invetsor could have picked these up for 400p. today, a few trading hours later a gain of 20%+. these shorters present gifts sometimes.

[ali47fish] 28/7/2015 14:29

i think the chairman is investing

[vinceelliott] 28/7/2015 14:27

Why the sharp turnaround at 3pm? I am not complaining, but I cannot understand why I have gained over the day>

[salpara111] 28/7/2015 12:47

Well, £4 was inevitable, the question is, what happens from here? Could be a great turnaround story but there is no reason to get in yet.

[beeezzz] 28/7/2015 10:53

sharw....Thanks, apologise for remark...unaware of the seriousness of his illness...not good!!!. SP really getting hit today....not that many shares to borrow so shorts will be limited. Have to check FCA site.

[itchycrack] 28/7/2015 10:28

Stay short! More to come, and this is even before the wider market tanks! Another big payday coming!! :-)

[pugugly] 28/7/2015 07:16

sharw: Thanks for the news - Roy was indeed very much the driving force and now with hindsight we can see why his usual attention to detail must have suffered.

[sharw] 27/7/2015 13:48

beeezzz 27 Jul'15 - 13:41 - 2901 of 2901 0 0 "... no wonder Mr Burton's health deteriorated, I expect he was suffering with high blood pressure". This suggests it was pancreatic cancer: hTtp://www.legacy.com/obituaries/commercialappeal/obituary.aspx?n=roy-burton&;pid=175330948

[beeezzz] 27/7/2015 12:41

Its quite obvious the BOD have made very poor decisions, no wonder Mr Burton's health deteriorated, I expect he was suffering with high blood pressure. Instead of growing organically they decided to splash the cash which has back fired, they increased their sales force considerably, I wonder the terms of their salary packages, maybe too generous. Market size for LED's has not changed and they have major industrial clients, so if they can resolve the cash burn the outlook should improve, all up to management now, earn your salaries guys.

[careful] 27/7/2015 10:40

just had a punt here at 502. the new boss is making the right noises and revenue is still growing. risky but a reasonable bet at current price because of growth potential.

[finbarot] 27/7/2015 10:16

Ive been to the last two AGMs and the shareholder apathy was something to behold. Not too long ago this company was making a healthy profit with millions in the bank. Not content with that,this expansion,or vanity project,at huge cost,has gained nothing for the shareholder, but the remuneration committee have been kept busy with directors salary increases.One big gravy train! Next thing I suspect will be some resignations, or as in the case of the previous Fd big golden goodbyes.GLA

[jeffian] 27/7/2015 08:52

The company's extraordinary ability to burn cash - identified in #2766 - continues. Net debt end June -£8m, from -£4.2m end Oct 14, having had £15m net cash at the beginning of 2013! This sounds not too good either - "The Group has a four-year £25.0m Revolving Credit Facility with HSBC with the option to borrow a further £25.0m under an accordion feature. As at 30 June 2015 there was £13.5m drawn against the facility..." Are these guys Greek?!

[sharw] 27/7/2015 08:51

I suggest you listen to the presentation. The new CEO is candid about what he has found and what direction they are taking. It is clear that overheads have got out of control and he has a plan for dealing with this. Strategic review due in October.

[tysoepr] 27/7/2015 08:21

Not sure what to do with these results... on the plus side - sort of - it feels like a lot of kitchen-sinking is going on here (e.g. they sold an extra £10m of product at a direct cost of £11m... plus extra costs of £4m in admin and distribution). On the negative side - it is one big jump from a profit warning to these results... I don't feel I can trust these guys at all...

[salpara111] 27/7/2015 07:51

That is some profits collapse! Clearly no hurry to be invested here yet.

[itchycrack] 27/7/2015 07:46

Stay SHORT, absolutely no reason to be long here at all! Dismal performance!

[tsmith2] 27/7/2015 06:51

Not good at all..?

[beeezzz] 23/7/2015 09:53

Results next Monday....wonder if they are going pull a rabbit of the hat...results are better than expected...somebodies buying.

[beeezzz] 17/7/2015 10:35

Canaccord.....put a hold rating 565p target, so not far to go then; hTTP://www.mideasttime.com/dialight-plc-earns-buy-rating-from-canaccord-genuity-dia/508140/

[beeezzz] 02/7/2015 20:51

27th for interims.....not long to wait, if the share price declines into results we can assume they won't pretty.

[jeffian] 01/7/2015 08:40

#2887, ......of course he could have come in to effect a sale (see #2868).

[itchycrack] 01/7/2015 07:20

Keep selling this woof woof, 400p level next stop!

[pugugly] 01/7/2015 06:35

Largest share holder forces appointment of a new non exec director. Message received - They are very worried and have too large a shareholding to exit. Not sure how much the new man can bring to the table. "Dialight plc, a global leader in LED lighting for industrial, obstruction and other highly-specified applications, is pleased to announce the appointment of David Blood as a Non-Executive Director with immediate effect. David Blood is the Senior Partner at Generation Investment Management LLP ("Generation"), a London-based investment firm he co-founded in 2004. Prior to co-founding Generation, David spent almost two decades at Goldman Sachs in a number of senior executive roles including Chief Executive Officer of Goldman Sachs Asset Management. Generation takes a long-term approach to investing, integrating sustainability research into its investment process, and is Dialight's largest shareholder with a current holding representing 16.5% of the company's share capital." A financial man and asset manager - What DIA need at the moment are specialists in logistics management - particularly stock control, production mangement, and sales. All imo & dyor.