Zytronic Dividends - ZYT

Zytronic Dividends - ZYT

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Stock Name Stock Symbol Market Stock Type Stock ISIN Stock Description
Zytronic Plc ZYT London Ordinary Share GB0006971013 ORD 1P
  Price Change Price Change % Stock Price Last Trade
0.00 0.0% 170.00 08:00:22
Open Price Low Price High Price Close Price Previous Close
170.00 167.50 170.00 170.00 170.00
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Industry Sector

Zytronic ZYT Dividends History

Announcement Date Type Currency Dividend Amount Period Start Period End Ex Date Record Date Payment Date Total Dividend Amount

Top Dividend Posts

bones: Perhaps, but if being so conservative causes your institutional shareholders to throw in the towel, I would hope that will give the board a kick in the pants. I am heartened by the circumstantial evidence I am seeing on their Twitter feed of promotion of their new technologies and case studies of its use in industry. Plus, we should see casinos coming back in the Far East and probably the USA in the next few months so this could get their own customers who supply those casinos back into the game after a time lag. ZYT should benefit both from the “restart”; trade and the “rotation to value” that is currently in play. ZYT’s short term chart seems to be telling that story.
mr_spock: Interesting new ZYT patent-pending technology. hTTps://www.newelectronics.co.uk/electronics-news/zytronics-electroglaz-delivers-transparent-power-delivery-capability-to-its-portfolio/235237/
bones: You have to suspect it was they who strong-armed the management into buying back their holdings. It’s good as far as I am concerned. A fresh start for all concerned with unsupportive institutions out of the way. Let’s build from the bottom once more and try to leverage the benefits of the company’s IP which, judging from their recent Twitter promotions, appears to contain some decent innovations. Taken together with the expected resumption of “normal” life and reopening casinos and exhibitions that are the mainstay of ZYT’s customers (which supply those end users) and technology (which the customers incorporate into their products), there is potential for new growth or at least re-growth. Alternatively, ZYT must now be a possible bid target.
bones: Good riddance to them. The last thing a small company needs is unsupportive “institutional” investors, so-called long term backers. I refer always to my biggest holding since 2017, RUA Life Sciences, which had Miton as its main investor until 2019 when they bailed out for cash at bottom prices. The share price took off after that deadweight was removed and I hope that happens here at ZYT too!
bones: Comparing to past years can be misleading. For example: They are rolling out (if their Twitter feed is a guide) new products for areas such as healthcare. They have violently cut their overheads and manpower (we don’t know if Covid gave them the cover needed to cut away some “bloat” from their staffing; they are hardly going to say that if they can simply blame Covid in full). Casinos and gaming will come back but will ZYT be able to respond? My feeling is that they do have some impressive technology which their customers need. On the whole, I believe ZYT supply the product manufacturers who supply the casinos and other end users. ZYT are as much a tech company as they are a manufacturer. ZYT are at base camp now and their management do not talk up the company as perhaps they should. I find it hard to believe that they won’t see some sunny uplands ahead. If not, they should be looking for a buyer who can make use of their technological strengths.
cliffpeat: ZYT tweeted this morning @Zytronic htTps://www.epdtonthenet.net/article/182779/Ideum-s-interactive-touch-tables-get-a-significant-upgrade-with-Zytronic-s-ZyBrid-sensor.aspx Report and videos from January.
bones: I agree, gdjs, such as a post-acquisition dividend. I just think it narrows the field of potential bidders to have a lot of cash weighing the company down as it adds an extra layer of complication. Either way, ZYT is a bid target in my book.
bookbroker: Why the sudden interest in manufacturers of touchscreens, these companies have all been around for sometime, and Zytronic a listed company for nearly twenty years. It is off little relevance, ZYT. is respected in its field, and if anything consolidation may occur. Zytronic is a relatively small company, and more likely to be taken over, but I imagine their market will still exist even through the end of Covid. Most thing is they are still providing services to companies, albeit very limited, but they have a strong balance sheet, and touchscreen usage only going to increase.
cliffpeat: Disregarding 2020 the ZYT turnover has wavered between £23m and £20m with a steep downward trend in EPS in 2018 and 2019. hTTps://www.zytronic.co.uk/about-us/meet-the-team/ But they have 6 senior people listed as team members who are in sales, marketing and business development. Sales & Marketing Director Sales Manager, Europe, Middle East and Africa Sales Manager Europe, Russia and Eurasia Sales & Support Manager, Americas Business Development Manager, Japan Business Development Manager, China & South East Asia Seems like a lot of resource for such a small turnover. The 2019 annual report is exceptionally well presented and includes a lot of analysis but one part of the CEO's review is confusing: "As at 30 September 2019, there were 494 opportunities in the system with a projected value of £83m, 58 classified as Projects, and are expected to generate £13.4m of sales over their production cycle. This compares with data as at 30 September 2018 of 414, £65m, 41 and £8.0m respectively." The disconnect between projected value - end 2018 £65m and 2019 sales £20.1m - is a chasm. Perhaps I have missed the explanation. The research and development looks very cutting edge and geared to improved products and applications. Where is this company going? 1. Market place: Is the industry supply saturated? hTTps://en.wikipedia.org/wiki/List_of_touch-solution_manufacturers (doesn't include ZYT) 2. Takeover: Is the technical team and existing customer base attractive to a predator - at more than current market cap. of £25m? 3. Cash pile: Is the expected share buy back going to reduce the MV by more or less than the cost? 4. Senior management: Are they engaging in harsh strategy review (such as the Phoenix Encounter Method and the like)? Any views by those who know the company and players?
varies: These results have taken the steam out of the shares for the moment and the American casinos (to which it sells its products with the highest margins) will presumably be very quiet in the first months of 2021 if President-elect Biden has his way. Nevertheless prospects should look brighter in 6 months time. I hope that improvements in other lines of business will compensate ZYT for the decline in sales to casinos. Like others here I have misgivings about the company buying back its own shares as the market cap is only £22 million now and, as we all know, the market in ZYT shares is already thin. I had hoped that the report on current trading would be rosier and that ZYT might even pay a modest dividend on the strength of an expected improvement but respect the cautious policy adopted. On a medium term view the shares still look attractive to me and I would be tempted to add a few more at about 120p if and when available.
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