Dialight Share Discussion Threads

[jeffian] 12/11/2013 19:27

jakedog2,

Current PER is 22x and they've already said earnings this year will be 'flat' so it's still quite racy. Paying 15x 2014 earnings, you've got to be pretty sure those additional earnings are going to arrive! Yes, the Lighting side is growing fast but at the moment it is still slightly less than half the total business (by revenue; more by profit) so any further sluggishness in Obstruction and Components could still impact overall profit growth. I agree this is a great company and I'd love to get back in but my buying range remains >800, as I've said, which is 14x 2014 forecast earnings. When a company disappoints and the bears get their teeth into it, it often overshoots on the downside before recovering so I feel the worst is not over here yet.

[hvs] 12/11/2013 18:29

Its a dog..

Go for it.

[jakedog2] 12/11/2013 17:58

2014 forecasts PE of 15, with PEG of 0.48

Hardly a racy valuation now,IMHO . Happy to take the chance.

[beeezzz] 11/11/2013 17:00

Profits warning, no it's that the profits will not be in line with their original forecasts they'll be flat in other words @£19.6m. I see the mm's are being cautious last trade 924p anything could come out tomorrow. I just hope it's a massive order, I'll be able to smell the burning from here.

60% growth in industrial lighting is something you should keep in mind, dialight have great management something the city understands.

[shanklin] 11/11/2013 16:44

Is it two profits warnings so far, with the most recent RNS also advising a lack of visibility of orders, therefore allowing for a further warning at year end?

[beeezzz] 11/11/2013 16:41

Yep just over 15m shares, the trades today were tiny, small investors loosing out, if they report a large order tomorrow this could easily go up 100p, I'm not selling now, I've missed the boat, spread is huge now. Looking for entry point to add.

[wylecoyote] 11/11/2013 16:34

beeezzz,

thanks. so roughly 50% is controlled.

[bulltradept] 11/11/2013 16:28

From a chart perspective with a death cross in a couple of days ago, perhaps there will be sustained support in the low £8.20's?

Just a thought.

[beeezzz] 11/11/2013 16:19

hvs .... you're starting to talk drivel again... they make a profit and pay a dividend higher yield than CAR that's for sure. PEG 0.4 2014, zero increase in profits 2013 or flat as stated in IMS.

[hvs] 11/11/2013 16:12

jeffian 11 Nov'13 - 16:02 - 2278 of 2281

I'm afraid it's one of the dangers of getting up to a very racy PER and then issuing a profit warning

IS they making a PROFIT ????

[beeezzz] 11/11/2013 16:07

Friday close may hold on to support 1 if not, then all those shorting will be very happy.
Resistance 2....1,198.3
Resistance 1....1,049.3
Closing price.....950
Support 1........900.3
Support 2........850.7

Largest trade today 10k

[jeffian] 11/11/2013 16:02

I'm afraid it's one of the dangers of getting up to a very racy PER and then issuing a profit warning!

[wylecoyote] 11/11/2013 16:01

beeezzz,

what is the free float on here then?

[beeezzz] 11/11/2013 16:00

I can see an II stepping in here soon, mopping up all the stock, this is one of the dangers when only few shares are in issue, very exaggerated price movements.

[hvs] 11/11/2013 15:53

Is them lights too bright ????

[wylecoyote] 11/11/2013 15:47

Well harsh,

Panic stations... Still a trading opportunity beckons..

[itchycrack] 11/11/2013 15:01

IMHO I would have to say that is extremely unlikely.

[beeezzz] 11/11/2013 14:55

Selling cheap one LED lighting manufacturer, lower we go the more likely they will attract a bidder.

[beeezzz] 08/11/2013 16:36

Jeff... I couldn't agree with you more, yet you cannot compare two companies which have totally different market places, you are right one mustn't fall in love with any company, they have there ups and downs. The important thing to remember is the size of market we are dealing in, when you look at their 2012 annual report it outlines the areas which could invest in LED lighting, the problem is companies are tending to hoard cash and are very reluctant to spend on anything that really does not need it. If you already have lighting that works then why both to replace it, it's just like you or I, I have CRT tv works perfectly well why replace it. I think RR are in similar situation risen considerably, will rise further or flat line for many months.

I'm seeing how this turns out over the next 18 months or before next election before taking profit.

[jeffian] 08/11/2013 14:04

beeezzz,
Enterprise Inns was one of my best performing stocks rising from around 73p (adjusted for share splits) in 1998 to around £8 in 2007.......before tumbling to around 26p at the low point! Of course that isn't going to happen here, but it was a salutary lesson against becoming too attached to a company.

[beeezzz] 08/11/2013 13:50

hvs...now don't knock my best performing stock over the last 4 years, unlike CAR, they have very little competition, this is just a hiccup, sit back and enjoy the ride.

44k @978.5p, picking up all those S/L positions today.