Zytronic Share Discussion Threads

[chrisdgb] 11/12/2024 08:59

Would it be useful for Nexteq........??

[latehouse] 28/11/2024 19:40

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.com/posts/cohda-design_electroglaz-cohda-cohdadesign-activity-7267538958295646211-HVhe?utm_source=share&utm_medium=member_desktop

Hopefully, unbiased ZYT board leaders and decision driving major shareholders move this to a rapid conclusion for maximum return and minimal dithering

[latehouse] 26/11/2024 20:25

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

[cerrito] 24/11/2024 13:57

Thanks for that link and a very thought provoking description of the consequences of a lack of a good Board.

[cliffpeat] 23/11/2024 12:05

@MarkAtkinson

Thank you for the link to the candid interview with John Walter (5% holder).

It confirms many of the views expressed on this investors' board and JW concludes that

1. a sale would probably be the best option for shareholders
2. That they have some good tech people
3. That there is probably not any or much upside in the property value beyond the balance sheet figure (as confirmed by the company in RNS)
4. In his view the CEO/Exec Chair had no strategic growth vision, didn't like "oversight" from JW as a NED, didn't invest appropriately in R&D when they had the money and that the share buy-backs went on too long.

I hope that JW, MA and Henry Spain are all using their contacts and resources to let as many prospective buyers know of the "For Sale" sign

and are analysing the positive potential value and cost savings/profit contribution that a buyer might be attracted to.

I watched at x1.5 speed and skipped some of the interesting background on JW - which I will watch later.

Is it a buy now? Well - Have a listen and make up your own minds :)

[markatkinson] 23/11/2024 03:21

On this latest Episode of the Desert Island Investor, we are joined by my good friend John Walter who holds 5% of Zytronic and served on the Board as a non exec Director.

[kiwihope] 14/11/2024 08:20

Uncertainty. Don't know what cash will be returned. Plus it will take a long time. Maybe a year or more. All the while the cash will be slowly leaking away. Hopefully they will now convert running the business to cash conservation, reducing staff to only essential. It's not a nice thing, eventually everyone made redundant.
Don't see much chance of selling business as a going concern but you never know. Most likely is selling as many assets as possible. Maybe the IP is worth something.

[zangdook] 14/11/2024 08:18

thanks, VV

[value viper] 14/11/2024 08:16

think done now ZANG

I find there is huge delay in the mornings for RNS's to be visible on ADVFN even when news is out at 7am - anyone else ?

[chrisdgb] 14/11/2024 08:13

I thought this is what we wanted, why so negative..?

[zangdook] 14/11/2024 07:29

Value Viper - any chance of putting the news feed into the header?

[cliffpeat] 12/11/2024 17:08

The HS add today 6.3% may be taking the Peter Gyllenhammar out. Very similar number of shares.

HS now hold nearly 19%.

If they want to guarantee stopping the shareholder approval of the "Fantasy Start-up Plan" they need 25+%

That's assuming that a company sale or liquidation is their objective.

If the former NED - Mr J Walter agrees perhaps he will pledge or sell his 5.045%?

Just conjecture - DYOR

[chrisdgb] 12/11/2024 15:47

The 'fox of market harborough'...........

[chrisdgb] 12/11/2024 15:46

The Spanish are going for it......!

[bisiboy] 09/11/2024 10:17

Are Henry Spain buying for their clients not clear from RNS or for themselves

[cliffpeat] 30/10/2024 10:06

Two things:

1.Another Scandinavian connection?

Evli plc - a Finnish wealth management company - notified holding of 1.23% on Monday

Peter Gyllenhammar AB - Swedish - 6.29% as of 22/10/24

2. ZYT will be more attractive to a buyer if it has substantial cash balance. The "Transformation Fantasy" RNS did not AFAIK give any specific details of the current financial position other than cash £3.7m. To maintain the cash and minimise losses to make the company attractive for a sale, it might make sense to start stripping costs NOW.

Henry Spain added again. Is this a "buy" for us too?

Just thoughts - DYOR

Just opinion. DYOR

[chrisdgb] 30/10/2024 09:25

Henry Spain still luvin it.......

[latehouse] 29/10/2024 13:08

@Woozle1 nailed it earlier I think. It's in managements personal interests to advocate the highly speculative reboot. If a "turkey" is earning more than our dear Prime Minister, why would it vote for "Christmas" (sale/liquidate)? I hope that the major shareholders that are currently topping up, collaborate and push for a sale...and that at least some of the workforce can be saved.

[woozle1] 29/10/2024 12:53

Notwithstanding Cliff, hardly anyone votes

[cliffpeat] 29/10/2024 10:20

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

[cliffpeat] 29/10/2024 09:40

Another 50k shares added by Henry Spain IS

What do they know that we perhaps, don't? :)

[gdjs100] 28/10/2024 22:57

You can vote your shares electronically if you hold them in an HL account.

[cerrito] 28/10/2024 22:03

Abdrn,Hargreaves L and Barclays shares are held as nominees for their clients so will not vote.

[woozle1] 28/10/2024 21:26

Check out previous voting at AGMs to gauge voter turnout. The choice is c. 100p or backing a salaryman to lead a blue-sky project. Answers on a postcard.

[cliffpeat] 28/10/2024 11:57

see post #106

As well as Peter Gyllenhammar AB adding - now 6.29%

Henry Spain Investment Services has added and now 11.28%

and ex NED John Walter confirms he still holds 5.04%

Is it a fair assumption to conclude that these holders expect a sale or liquidation to yield a profit?

Whether Abrdn, Hargreaves Lansdown and Barclays will vote for the Transformation Plan is moot - but the combined holding above is creeping towards 25% which AFAIK could block the TP

Which in my opinion would be "good". DYOR