Dialight Share Discussion Threads

[beeezzz] 30/3/2017 11:27

Tompion.....Looks like somebody else has the same idea....taking profits

[beeezzz] 28/3/2017 17:46

I think we are getting some end of tax year repositioning...looks like it may keep above £10 so looking good for future.....maybe a takeover, which I wouldn't be happy with mind..

[tompion] 22/3/2017 18:08

Sold out my remaining holding this morning at 1017p having held since the original flotation. Good luck to holders.

[tradesmooth] 22/3/2017 12:53

Down 5+% today - what's going on?

[beeezzz] 15/3/2017 17:48

Well a 100 watt light bulb on for 10 hours uses 1Kw depending on your rate that would be approx 10-12p, @30% about .3p. So I haven't bothered until all my old bulbs are used up, and price of LED's will be a lot cheaper by then.

Dia do make street lights and in their USA facility. What is the bill now for street lighting now if they could save $120bn is it $360bn over 20 years which equates to $18bn a year

[daijavu] 13/3/2017 13:53

I've converted my house to LED and my electricity bills have gone down by 30%. I can't say what percentage of my lighting bills I've saved because I don't know what proportion of my electricity went on lighting but I was surprised my use of electricity went down so much. We have the usual range of electrical equipment including fridge and freezer that are on all the time, laptop almost constantly on through the day and other things frequently used.

My electrician told me that I'd save on most of my lighting bills and I believe him now even if I didn't before.

With my personal experience as a guide, I'd expect very significant savings for street lighting. Perhaps the $120bn is realistic.

[meijiman] 13/3/2017 12:25

$120bn sounds rather high for street light savings?! even if it is over 20 years. wonder how they work it out.

[bountyhunter] 13/3/2017 12:16

"About 10% of America's street lights have so far been converted, but the Department of Energy has estimated that if the whole country switched to LEDs over the next two decades it would save $120bn over that 20-year period.
Cities across Europe and the Asia Pacific region are going down the LED route..."
( )


Do Dialight make street lights and if so do they make them in the U.S. ?
( I'm a bit out of date as not currently invested here - same boat as you meijiman !)

[meijiman] 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.

[dangersimpson2] 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.

[bountyhunter] 12/3/2017 19:18

...it's certainly spiked up - could anything be going on behind the scenes? ...or is this a Trump effect?

[walbrock82] 12/3/2017 13:59

Is Dialight valuation gone ahead of itself?

[bbbbb] 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.

[sharw] 06/3/2017 17:02

bbbbb - that was the uncrossing trade from the auction - still quite a volume though

[beeezzz] 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%

[bbbbb] 06/3/2017 16:38

Perhaps, 17k shares bought for 1115p after close today.

[beeezzz] 02/3/2017 17:20

Short slowing being let go, Hmm

[beeezzz] 01/3/2017 17:31

Thanks....nice finish today above £!0

[sharw] 01/3/2017 12:48

Audio and slides of Monday's presentation now available at:

[bbbbb] 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.

[beeezzz] 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.

[bbbbb] 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.