Dialight Share Discussion Threads

[gswredland] 03/9/2013 10:53

Wow!.. nor me onething.

[onething] 03/9/2013 10:12

1400 days high and current ask. Wasn't expecting that today.

[beeezzz] 02/9/2013 18:05

Moving above all time closing price new highs. Nice

[beeezzz] 02/9/2013 14:52

They are probably covering they backsides just in case Dia had fallen out of ftse250 they do it with a lot of stocks they hold.

[monty panesar] 01/9/2013 08:38

I see Blackrock and Ennismore have short positions in this so will probably try and create some resistance to it breaking out. Not sure why they would want to be short but there you go.

[onething] 29/8/2013 16:36

I see three tests of ATH resistance since March. Will this be the time to break through and take us past 1400?

[beeezzz] 23/8/2013 13:12

Bones....Thanks...The market seems to be pricing dia staying in the 250, they may have been slightly concerned earlier this month.

[bones] 22/8/2013 20:48

Dialight gets a mention here:

hxxp://www.cabume.co.uk/the-cluster/e-luminate-shines-a-light-on-cambridges-cleantech.html

e-Luminate shines a light on Cambridge's cleantech

Written by Lautaro Vargas on 21 August 2013. Posted in The Cluster.


A mini-competition for the low carbon energy and lighting sector will take place in Cambridge next month as a device to showcase some of the sector's most innovative companies.

The Energy & Lighting Showcase will invite its attendees to vote for their favourite exhibitors at the event which acts as a precursor to the e-Luminate Cambridge Festival 2014.

Though not as high profile as other Cambridge tech industries, cleantech lighting sector in Cambridge is a very strong one for both established and startup companies such as Isotera, Cambridge Nanotherm, Cyan and Dialight.

As with the flagship e-Luminate Festival, this showcase will also seek to bring together not just technologists, but artists.

The interaction between the arts and technology is a growing theme in Cambridge; last year's Cambridge Music Festival went strong on the link between technology and music, Mosaic3DX will bring together artists, scientists and engineers working with 3D graphics and the e-Luminate Festival launched in February this year, wedding cleantech with massive light installations.

The event is organised by the e-Luminate Forum in partnership with NPL Centre for Carbon Measurement and hopes to attract as many representatives of the creative industries as it does those of the low carbon lighting sector including, technology innovators, start-ups, academics and investors.

The deadline for exhibiting companies to apply for a spot at the event is 30 August.

Copyright © Cabume Ltd 2012

[beeezzz] 19/8/2013 22:57

Closing in on all time highs, nice!

[bones] 15/8/2013 20:51

Dialight Joins Intertek's SATELLITE(TM) Data Acceptance Program

Worldwide LED Lighting Leader Joins Intertek's SATELLITE(TM) Program with New In-House Testing Capability to Improve Speed to Market
CHICAGO--(BUSINESS WIRE)--August 15, 2013--


Intertek, (LSE: ITRK) a leading international provider of testing, inspection, and certification services, announced that Dialight (LSE: DIA.L), the innovative global leader in LED lighting technology, has joined Intertek's SATELLITE program.

Intertek's SATELLITE data acceptance program integrates speed, flexibility, and cost effectiveness into the product development process by accepting internal laboratory test data of qualifying customers. Dialight has met the stringent standards of the program and is now a SATELLITE laboratory, enabling the company to streamline performance testing as part of its product development process.

"We are delighted that Dialight chose Intertek's SATELLITE Program to help them accelerate speed to market with their unique and innovative suite of LED products," said Richard Adams, Intertek Senior Vice President. "Our global expertise in the lighting industry and breadth of services across the full product life cycle will ensure that no matter where Dialight takes their products, Intertek can help them be successful."

Dialight's ultra-modern Photometric & Electrical Laboratory at their North American headquarters in Farmingdale, N.J. includes the latest-generation equipment to enable Dialight engineers to measure and validate product performance data. "We've invested heavily in the state-of-the-art equipment and facility required to do our own in-house testing, speed time to market, and optimize our product development and R&D timeline to strengthen our first-to-market competitive edge," said Roy Burton, Dialight's Group Chief Executive.

For more information about Intertek's SATELLITE data acceptance program, please visit hxxp://www.intertek.com/satellite/.

About Intertek

Intertek is the leading quality solutions provider to industries worldwide. From auditing and inspection, to testing, training, advisory, quality assurance and certification, Intertek adds value to customers' products, processes and assets. With a network of more than 1,000 laboratories and offices and over 35,000 people in more than 100 countries, Intertek supports companies' success in a global marketplace. Intertek helps its customers to meet end users' expectations for safety, sustainability, performance, integrity and desirability in virtually any market worldwide. Visit www.intertek.com.

CONTACT: Media Contact:

Intertek

Sarah H. Linn, 312-906-7796

Marketing Manager

[e-mail]

SOURCE: Intertek
Copyright Business Wire 2013

[beeezzz] 15/8/2013 14:48

They set the collaboration in Dec 2008, they had been working together since 2005, not sure this will affect Dia that much. It seems most Flash Tech lighting is based on Xenon, which I believe customers are replacing.

www.spx.com/en/flash-technology/about-us/news/strategic-alliance/

[bones] 15/8/2013 13:21

sharw - so SPX got a temporary restraining order in their favour in Dec 12. I assume time was then allowed for SPX to stock up with parts so its customers would not be left short (as was suggested in the Court papers by SPX).

Anyway, Burton sounded confident they would get the obstructions business back on growth in H2 2013 and 2014 onwards. We shall see soon enough. As he also said, LED lighting at the hazardous, high barriers to entry, end is what really drives them and the business. He did though say at the end that there are competitors looking to muscle in, as you might expect from a high value business.

[dewtrader] 15/8/2013 12:55

LPA also in LEDs moving

[sharw] 15/8/2013 12:49

Back to SPX - the DIA interim report said "The major reason for the decline in US Obstruction sales has been a complete change of channel and product strategy precipitated by the termination of Dialight's relationship with its former principal distribution partner in this business". That sounded to me as if SPX decided to go off on its own but I now find it was DIA that terminated the agreement last November prompting SPX to get a restraining order:

www.fischllp.com/wp-content/uploads/SPX-Dialight-TRO.pdf

[beeezzz] 15/8/2013 12:13

RSI is indicating over brought position, I've come to the conclusion that MM do very little, when trigger points are met auto selling takes place all built into their software programs.

[sharw] 15/8/2013 12:10

bones - many thanks for that link. What is said about the American principal distribution partner turned competitor goes a long way to explain the drastic drop in obstruction lighting in H1. It seems to me that the company somewhat played this down in previous announcements. I also noted he names SPX, not CREE as the main N. America competitor, although lighting is only a part of SPX's activity.

www.spx.com/en/flash-technology/

[bones] 14/8/2013 23:16

This might explain a little of today's afternoon increase:

hxxp://www.4-traders.com/DIALIGHT-PLC-4004146/news/Dialight-Plc-Dialight-CEO-to-Present-at-Canaccord-Genuity-Annual-Growth-Conference-17190936/


Dialight Plc : Dialight CEO to Present at Canaccord Genuity Annual Growth Conference

Webcast: Dialight CEO to Present at Canaccord Genuity Annual Growth Conference

Event: Roy Burton presenting at the Canaccord Genuity 33rd Annual Growth Conference

When: August 14th, 2013 - 2:30pm EST

Where: hxxp://wsw.com/webcast/canaccord10/DIA.L

This webcast will be available from this link until November 11th, 2013

[bones] 14/8/2013 18:36

sharw - yes, a stack of cash at Cree! Any deal would probably involve a clump of Cree stock though. Paying all cash would strip them clean as they would have to pay a stonking premium for the DIA growth, and today's market reaction to the results at Cree won't have helped with the value of a hypothetical stock offer :D

All splendid speculation though!

[beeezzz] 14/8/2013 16:34

sharw....That puts things into perspective, Cree are not alone, Philips are putting a lot of cash into LED lighting, it just needs some bright spark to come up with a cheaper more efficient lighting product, LED will be history. Just like CRT TV's can't give them away.

Cree also partner Carclo.

[dewtrader] 14/8/2013 16:13

maybe corporate action underway at DIA???

[sharw] 14/8/2013 16:13

bones - interesting comment about CREE. If you look at their balance sheet



you will see that they are in a net cash position of $1bn (~£640m). This compares to DIA's market cap of £430m (EV £419m after £11m net cash). Gulp.

[dewtrader] 14/8/2013 16:11

bones


LPA picking up speed after DIA now!!

[bones] 14/8/2013 15:23

I see that CREE Inc is capitalised at $7BN!! They could swallow DIA pretty easily. I wonder if that has ever crossed their minds? Alternatively it shows how much of the market DIA has to aim for.

So many commentators think DIA is highly rated yet they are a comparative tiddler in a hugely growing and technologically cutting edge industry.

Provided they do not take their eyes off the ball, DIA could go places.

[bones] 14/8/2013 15:06

One of the company's main competitors - CREE INC - missed Q4 estimates by a penny (29c actual v 30c est) and got smashed on Nasdaq, currently down 20% today after a strong run. Clearly no prisoners get taken on Wall Street.

For those interested in this you could start here:



Judging by DIA's price move up since 2.30, maybe some of the sellers are switching horses?

[gswredland] 14/8/2013 14:54

Excellent stuff!!