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Share Name Share Symbol Market Type Share ISIN Share Description
Zytronic Plc LSE:ZYT London Ordinary Share GB0006971013 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -5.00 -3.12% 155.00 150.00 160.00 160.00 153.50 160.00 51,788 12:14:33
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 12.7 -0.4 -1.8 - 18

Zytronic Share Discussion Threads

Showing 2851 to 2874 of 2950 messages
Chat Pages: 118  117  116  115  114  113  112  111  110  109  108  107  Older
DateSubjectAuthorDiscuss
09/3/2021
19:57
sorry wasn't very clear with my comment. I meant the price of the buybacks. If the company uses excess cash to buyback around 3 quid is it still good value?
jw330
09/3/2021
15:48
I don’t look at price here, but await signs of recovery in the company’s business. All a price target does is put a cap on your potential profits!
bones
09/3/2021
15:32
This looks like the effect of share buyback on the open market for illiquid shares. At what point is this too expensive and not a good deal for the shareholders? 2 pounds? 3 pounds?
jw330
09/3/2021
14:25
Looking for £2 level personally
my retirement fund
09/3/2021
09:04
Thanks for that post, Spock
mr5k
09/3/2021
08:12
Interesting new ZYT patent-pending technology. hTTps://www.newelectronics.co.uk/electronics-news/zytronics-electroglaz-delivers-transparent-power-delivery-capability-to-its-portfolio/235237/
mr_spock
08/3/2021
13:44
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
08/3/2021
12:36
So the two main institutions are out! The main shareholders are PIs.
mr5k
03/3/2021
10:37
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
03/3/2021
10:12
TR-1 notice this morning Close Brothers Asset Management held almost 8% pre-buy back and now just .023%. It seems clear that they value the cash more than the up-turn prospects of the company (or a near-term takeover at a premium). I guess there will be a few more regulatory holding notices in the next few days.
cliffpeat
26/2/2021
11:49
I was going to take part in the buyback but changed my mind when the price reached 145p a few days before the cut-off date. It was always a 50:50 call for me. I have decided to hold on to all my shares and see what happens over the next year or so. I applaud the company using surplus cash to buyback shares at an historically low price. Much, much rather that than use the cash for an acquisition, which is higher risk and often a bad decision in hindsight. The only better way to use cash IMO is to grow the existing business faster. But I have to trust management that they couldn't do this at the present time. They probably still have enough cash for any future plans they may have. Most of the time slow and steady and sticking to your knitting wins the race (double metaphor!). We just need patience...
kiwihope
26/2/2021
11:40
Gdjs, thanks for clearing that up. Yes, ADVFN can’t do negatives so it always makes a set off look like an accumulation.
bones
26/2/2021
11:28
Bloomberg shows one of the 4.6m trades as cancelled as it had the wrong condition flags on it. ADVFN deals with cancellations badly.
gdjs100
26/2/2021
09:53
Jw330, It’s the same buyback amounts shown three times. Probably one block from tender acceptors to broker, same block from broker to company, same block from company to cancellation. Whatever the reasons, it is clearly the cancellation of the tender offer shares. Realistically the trading is for 4M+ shares.
bones
26/2/2021
09:32
advfn is showing shares traded as 13.8M.. is this correct?
jw330
26/2/2021
08:57
2-3 years sounds about right to me. An exercise in delayed gratification? cheers
illiswilgig
26/2/2021
07:39
Using excess cash to buy hack shares at a low ball price is precisely what management should be doing. It is an astute use of capital just as it was to buy the freehold of the manufacturing facility during the financial crisis. It shows an independence of mind and in the next 2-3 years we will reap the benefit.
velocytongo
26/2/2021
07:11
Imho the past demonstrate the thinking of the management team. they prefer to take on projects that will guarantee a solid margin instead of chasing the next fast growth low margin sectors. It demonstrates their diligence in that area. The odds of that culture continuing is pretty high. Whether that is the right strategy for the share holders returns going forward is another thing completely.
jw330
25/2/2021
21:24
Agreed bones. Seems to me there’s a lack of talent somewhere in the upper reaches of the organisation. Either a top development engineer, salesman or CE. When a company near the cutting edge buys back shares at a lowball price something is not right. Ripe for takeover IMO.
dozey3
25/2/2021
20:05
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.
bones
25/2/2021
19:43
hxxps://quickfs.net/company/ZYT:LN this summarizes the 10 year profile of the business... earnings up and down between 2-5 million.
jw330
25/2/2021
19:38
In 2019 they managed 2.6 and that was all pre covid, what makes you think that they'll be able to get back to 3 to 4?
jamessmith23
25/2/2021
15:30
I fully expect earnings to normalize to 3 to 4 millions once lockdown blows over. They seem to a non growth company but can maintain their margins with a healthy ROIC.
jw330
25/2/2021
13:56
CB - don't know how many you had - but I think the tender is targeted at those holding a lot of shares who can't sell in the market without moving the price.
trident5
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