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Share Name Share Symbol Market Type Share ISIN Share Description
Dialight Plc LSE:DIA London Ordinary Share GB0033057794 ORD 1.89P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 290.00 294.00 307.00 0.00 0.00 - 2,172 08:00:25
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 151.0 -12.5 -49.8 - 94

Dialight Share Discussion Threads

Showing 3251 to 3275 of 3550 messages
Chat Pages: 142  141  140  139  138  137  136  135  134  133  132  131  Older
DateSubjectAuthorDiscuss
13/3/2017
10:53
I don't understand it either. But I'm pretty cross as sold out much earlier and so missed most of the action.
meijiman
13/3/2017
10:34
Think the rise is mainly a short squeeze...not sure if this is a Trump effect or not! but it has certainly been a bad time to be short most companies. Not sure many people would be buying on the last set of results alone. When you break out the results into HY's you see that 2016H2 was the second weakest in recent years for profit after tax and 3rd weakest when you adjust for exceptionals & capitilised development: 2012H1 2012H2 2013H1 2013H2 2014H1 2014H2 2015H1 2015H2 2016H1 2016H2Underlying PAT (£m) 5.5 7.7 3.9 6.0 4.6 7.3 1.5 2.9 6.4 2.3PAT-Capitilised Dev-Exceptionals (£m) 4.5 5.9 1.5 1.1 1.9 4.2 -1.5 -6.1 -6.5 -3.3 H2 is usually the strongest half as well. So with the recent financials pretty weak the rise is most likely to be momentum trading combined with a short squeeze IMO.
dangersimpson2
12/3/2017
19:18
...it's certainly spiked up - could anything be going on behind the scenes? ...or is this a Trump effect?
bountyhunter
12/3/2017
13:59
Is Dialight valuation gone ahead of itself?
walbrock82
07/3/2017
14:12
Through £8, then £9, then £10, then £11 in 7 weeks....works for me :-)
bbbbb
06/3/2017
17:51
Yes sharw, I thought the interesting thing was the price at which they traded = the very top of the allowable 5% range.
bbbbb
06/3/2017
17:02
bbbbb - that was the uncrossing trade from the auction - still quite a volume though
sharw
06/3/2017
16:47
Yeah...just take a bit time to work through the short...if that is the case, will not get an RNS though, below 3%
beeezzz
06/3/2017
16:38
Perhaps, 17k shares bought for 1115p after close today.
bbbbb
02/3/2017
17:20
Short slowing being let go, Hmm
beeezzz
01/3/2017
17:31
Thanks....nice finish today above £!0
beeezzz
01/3/2017
12:48
Audio and slides of Monday's presentation now available at: Http://www.dialight.com/PLCHome/Index
sharw
28/2/2017
18:02
Yes Bz, and re the management they have said with the results that they may even consider share buybacks. It looks like on the analysts call that they said they will distribute spare cash either via dividend or via buy backs. One analyst has pencilled in an 8p 2017 divi based on free cash flow, that could just as easily go on buybacks.
bbbbb
28/2/2017
17:32
I took a look at those short positions, in March 2013 there were 55 short positions held by about 4 or 5 institutions, Blackrock and Ennismore being two of them. Just Ennismore left, which they took out on 8th August 2015 2.31% shares, share price on 7/8/15 was 551p, now not sure the time frame for declaring short positions... However, there were 3 or 4 large trading days earlier in week of 100k's, so share price could be between 398p & 468p 2.31% of stock is about 750k shares at today's value £7.2m approx, so the ? is when are they going to close it, seems like they are losing a few bob on this position. One thing that has impressed me about the management they didn't issue any more shares to bolsterer their cash position, even in those difficult times.
beeezzz
28/2/2017
09:31
N+1 upgraded to 1045p
bbbbb
28/2/2017
09:22
Yes 3rd...Investec price target now at 1070 following results.
bbbbb
27/2/2017
17:25
Good article 3rd, and the market in general seems to have received the results well. Motley Fool guy also tipped the shares today following the results. The key will be future growth, which I'm positive about, given.. The cost and ROI improvements are making the swithc to LED even more compelling. Delivery against plan of current CEO to date. Currency assistance (prob set to continue and even flat from here will be a big step up over 2016. Pick up in oil/gas/mining. To get from UEPS of 7.8p 1H16 to 27p FY16 is a great result and in 2017 they will have a full year of benefits from the 2016 actions. Also makes a nice change to have results in line with the market which speaks to the guidance being provided. Only one shorter remaining and I suspect they will need to start addressing that soon.
bbbbb
27/2/2017
16:21
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.
3rd eye
27/2/2017
12:48
thanks for that bbbbb; it's on my watch list for now.
silverfern
27/2/2017
09:46
Silver, the drivers would be.. 1) Restructuring has created a sustainable and lower cost production base. 2) The next step is to drive growth (the market opportunity is out there are DIA are well positioned, howevever we need to see the growth come through in numbers over 2017) - my view is that it will, however time will tell. Mining and oil environments picking up again so this will help.
bbbbb
27/2/2017
09:08
Investec re DIA: ..... Our target price rises by 26% on peers’ re rating and the increasing cash resources, and we reiterate Buy.
3rd eye
27/2/2017
08:47
Current p/e close to 40 then. Without guidance pointing to a significant increase in eps next year what;s the driver for buying in?
silverfern
27/2/2017
08:33
Seem like great results but muted market reaction so far. Not untypical of markets where results are built in to the price. I see this as a long term hold with , hopefully, a decent rise over a 6 month period.
dgbell7
27/2/2017
08:10
Results announced.. Underlying EPS of 26.9p FY (++) FY Revenue circa £182.2m (+) Cash in bank of £8m (+) GP looks like 38.2% (+) No forward looking statement on dividend (-) lets see what they say on the call. Overall a decent set of results, further £3m of non underlying costs in 2017 as part of restructuring. Overall my view is a decent set of results, highlight is the GP increase which will hopefully go again in 2017 with a full year of the 2016 implemented efficiencies. Lets see how the market reacts..
bbbbb
25/2/2017
10:05
Yes, I top sliced at 1005p and sold about 20% as a hedge, will top up if results are not received well as I belive this could present a buying opportunity. Re the results on Monday I'll be looking for... Underlying EPS of 20p FY Revenue circa £180m Cash in bank of £8+m GP improvements - close to 40% I alswo want to see a positive statement re the dividend in 2017. I also think that the FD is overpaid, but cant see that getting fixed.
bbbbb
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