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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Zytronic Plc | ZYT | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 54.00 | 16:35:13 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 52.50 | 52.00 | 54.50 | 54.00 | 54.00 |
| Industry Sector |
|---|
| ELECTRONIC & ELECTRICAL EQUIPMENT |
| Announcement Date | Type | Currency | Dividend Amount | Ex Date | Record Date | Payment Date |
|---|---|---|---|---|---|---|
| 13/12/2022 | Final | GBP | 0.022 | 09/02/2023 | 10/02/2023 | 24/02/2023 |
| 07/12/2021 | Final | GBP | 0.015 | 03/03/2022 | 04/03/2022 | 18/03/2022 |
| 10/12/2019 | Final | GBP | 0.152 | 09/01/2020 | 10/01/2020 | 07/02/2020 |
| Top Posts |
|---|
Posted at 19/12/2024 17:04 by latehouse I guess the entry of Henry Spain to the board is to safeguard their interests (and by extension the interests of the other shareholders) - which is a positive.As time progresses, IMO the sale of the business as a going concern becomes less likely and I really can't see NEXTEQ being interested other than perhaps in some of the patents applicable to Gaming or their Densitron subsidiary - certainly not the plant/equipment much of which is quite specific to Zytronic's wire 'printing' method of touchscreen production. Maybe another touchscreen controller/chip manufacturer could conceivably be interested in relevant patents? A couple of the big, well known ones are Synaptics and Microchip. Unfortunately, with the November strategic review announcement, as noted, the competitors will have been immediately approaching ZYT's remaining customer base, and distribution channels, and strategic purchasing decisions will have been made or are being made, which exclude ZYT. As a consequence, I would expect ZYT to be issuing Last Time Buy notices to bulk up their order book short term. I also note that looking at the 'Meet the Team' website page, they have removed their Asian sales staff suggesting these have been let go, and I would expect the US will be next. It all stacks up with the business being a 'dead man walking'. Hindsight is a wonderful thing, but if only the millions used on the conservative share buyback to satisfy the bigger institutional investors had been spent productively and with more foresight and vision on an acquisition...it's a very sad end for the un/semi skilled workforce, with the BoD likely to walk away with chunky contractual payoffs. |
Posted at 18/12/2024 18:49 by cliffpeat @ALS. In the RNS of 14 November it refers to the sale of the Zytronic trading company being sold as part of the realisation of assets - leading to the liquidation.I've thought about the possibility of a reverse takeover by a sizeable and prosperous private or PE owned company operating in the same market sector. The likelihood of there being such a company wanting this route to a listing is low and I suspect that shareholders now only want "cash". Like you, I've wondered whether Nexteq might be interested. I believe that Glen Arnold is quite aware of a number of businesses in the ZYT and related sectors, here and abroad - but don't know if any have been directly solicited. A competitive fight between 3 or 4 "real" suitors is the dream scenario - but even at this time of year it's unrealistic to believe in dreams. GLA |
Posted at 18/12/2024 14:18 by cliffpeat I see Glen Arnold's appointment as a positive.As an investment fund manager he will be highly motivated to identify value in ZYT and best strategy to realise it. He might also oversee "fair play" when the interest of shareholders and board member might not align. I just hope that in his position as "non-executive" he has more influence on the senior management than did Jon Walter. See candid interview at Start at 30mins 48sec |
Posted at 28/11/2024 19:40 by latehouse As noted, the ‘cat is out of the bag’ now with partners and customers making future procurement choices - some bizarrely like this, but mostly quietly.hxxps://www.linkedin Hopefully, unbiased ZYT board leaders and decision driving major shareholders move this to a rapid conclusion for maximum return and minimal dithering |
Posted at 26/11/2024 20:25 by latehouse Yes, very interesting Desert Island Investor post and thanks for creating and sharing @MarkAtkinson. I hope the Chairman, NEDs and larger investors are pushing for sale quickly now. The ‘cat is out of the bag’ and opportunistic competitors will be sowing seeds of doubt in ZYT customers minds. No observant client in their right mind will now be committing to long term design-in projects, which will expose their supply chain and product development plans. ZYT have never operated in markets/sectors where purchase decisions are made quickly. However, The longer a sale drags on now, the true value that a prospective buyer sees in the business will diminish as customers busily work to design ZYT out of their current and future products |
Posted at 29/10/2024 10:20 by cliffpeat ZYT raising their marketing game on LinkedIn? Will it impress/inspire a potential buyer of the company?Zytronic’s hybrid touch interface solutions: engineered for challenging environments |
Posted at 24/10/2024 14:46 by latehouse As @cerrito notes, the highly scripted call ended very abruptly - as if management begrudged the time and couldn't wait to skeddadle. I don't think small shareholders will have much of a say in the direction in truth (either sell or liquidate) - the bigger investors are pulling the strings now I think. But I am pretty sure the 'Transformation' is a non-starter IMO. As they said, the end customers now want a finished solution (display + touch, both properly specified and integrated according to end use) not individual components. To move up the value chain, ZYT would have to acquire a display company or JV/partner with one. They don't have the chops for the former, and as for the latter, why would a display company give up their hard-won position at the ear of the end customer. I don't buy it. More likely that a display company buys ZYT in my view - but only if they see value in the IP and the oft cited 'world beating' electronic controller tech. My personal fear is that this advantage has largely been squandered by a lack of ambition some years ago, and now the chickens have come home to roost. |
Posted at 24/10/2024 10:08 by cliffpeat Sale of ZYT.Is there any way we "small" investors can help to identify potential bidders and let them know of the opportunity? ChatGPT 4o has produced a list of UK based companies broadly in the same general market to ZYT. I am sure that Mr Cambridge will know most of the companies for whom ZYT might be a good fit. I hope that the company has already produced a Sale Memorandum. If 4 or more independent bidders can be found then it may be "game on". Is the sum of the parts greater than the whole? - if so, it might make it interesting as a trade sale to a PE funded fast-growth business. Any thoughts on how we can influence the next step? |
Posted at 04/10/2024 12:35 by latehouse @CliffPeat, thanks for the Dellner summary. Apart from the shared history (and proximity) between their Dellner Romag subsidiary and ZYT, the notable point for me is that DR fairly recently entered the museum/gallery/high- |
Posted at 22/7/2024 10:42 by cliffpeat When the casino gaming industry ran into the buffers it highlighted the dependency upon ZYT being just part of that supply chain. As discussed on this board, it would seem that ZYT has the intellectual and practical knowledge that would be required to produce their own product/range. A profit centre less dependent upon the vagaries of being just a components supplier.Of course, that only works if they can find, market test, develop and sell that elusive product/range. Which is where Anders Electronics might come in. It's a product development company "... Supporting you throughout the product design, our engineering team build an initial concept and see this through the development cycle from evaluation, pre-production, mass production and beyond, addressing any technical challenges and supporting your project on the way ..." It also appears to have worked with ZYT in the past. I was impressed with the short video of Mike Logan from 4 years ago. Just thinking aloud - but could envisage that the market might be energised if a close affiliation emerged and ZYT acquired "go to market" specialists to complement its technology expertise. Chances of it happening or even being considered? Probably none :( |
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