Zytronic Share Discussion Threads

[bones] 12/10/2021 12:04

Useful business with LB Foster Europe in today’s Twitter feed at Zytronic:



(Edit, crossed with your post, dangersimpson2!)

Note also this retweet on LB Foster’s timeline:



In particular: ”Next stop: the entire rail network.” Potentially, if Zytronic were involved on the Euston Station project, they could be involved in the rollout?

[dangersimpson2] 12/10/2021 11:58

Zytronic are hiring again:

Plus a contract win:

things definitely looking up here.

[c1d] 06/10/2021 09:14

Thanks for posting bones.
Given that they said in the interims results presentation: "short-time working employed across whole business through Q1 period" recruiting additional staff is maybe a signal of a significant improvement which is expected to be sustained?

[bones] 05/10/2021 15:47

After the great 2020 redundancy programme, do we have the great 2021 recruitment drive?



Signs of recovery continue.

[bones] 24/9/2021 16:04

For a stock that often doesn’t trade in a day, 55 trades since lunchtime speaks of an influential tipster or knowledge of an event of interest becoming known at that time.

[cerrito] 24/9/2021 15:55

Russ Mould earlier this week in the Telegraph Questor had a write up with a hold. Given the rather pathetic Telegraph website search engine I cannot post a link.
He said patience needed but did note lack of order visibility and maintenance income and need for Zyt to be on top of the ball ref changing market trends.

[bones] 24/9/2021 13:09

Lord Voldemort?

[go2nc] 24/9/2021 13:02

Someone tipped it. Can't mention the name.

[bones] 24/9/2021 12:53

At 12.21, the first of a deluge of buy trades. Can’t see the cause yet but there must have been a catalyst.

[bones] 22/9/2021 09:26

Read across from Quixant results today. ZYT has about 25% of its business in gaming and financial so, this summary from QXT is relevant:

”Gaming Business Review

The pandemic resulted in the closure of many global gaming markets for some of 2020. The US market closure in March 2020 for much of the second quarter had a profound impact on Quixant with most of our customers stopping or severely reducing manufacturing gaming machines. Once gaming markets started to reopen in the middle of the year, activity in the market has rebounded, particularly so in the USA. The data coming out of the US gaming market, critical to Quixant's business, is remarkably positive. The American Gaming Association's July 2021 Commercial Gaming Revenue reports US commercial gaming revenues 17% higher over the year to end July 2021 compared to 2019 and 103% higher than the same period in 2020. The advent of widespread sports betting and online gaming in the US market has fueled some of this growth, but land-based slot gross gaming revenue is reported to be up 9% over the same period compared to 2019 and 96% versus 2020. Other territories, particularly Europe and Asia are seeing a less conclusive recovery at this point but indicate positive momentum towards pre-pandemic levels. While this growth in gaming revenues does not directly correlate with increased sales of machines incorporating our computer platforms, it certainly signals a buoyant market backdrop for our customers to sell into.”

[effortless cool] 16/9/2021 21:43

Cerrito,

I got them off Stockopedia, where they are labelled "analyst consensus", but when I went to check who contributed to that consensus, it says "0 brokers"! It will be Singer, however, and probably no one else.

[cerrito] 16/9/2021 20:13

Effortless Cool
Thanks for your 1376.
Are they Singer's forecasts? No one else seems to follow Zyt.

[cerrito] 16/9/2021 20:08

I see that the Chinese authorities have the Macau casinos in their sights. I seem to remember that Zyt supplied that market but cannot find where I think I may have read it .

[gleach23] 16/9/2021 18:02

Looking at the chart this was always likely to stall at this level imo.

No reason however not to expect a further Trading Update in mid October as there has been in 5 of the last 6 years (2019 being the exception). This week's update did say 'we plan to provide a further update in due course'.

That update should provide some numbers on revenue, profit and cash and could provide the catalyst for a further move up. From a trading perspective it'll be interesting to see whether there is much/any drift between now and then.

[bones] 16/9/2021 15:48

Trading statement says revenue AND profits ahead of expectations. Also says return to profitability has been faster and loss reversed. This suggests, taken as a whole, the year to 30/9/21 will yield a “positive profit” (assuming no exceptional one off costs) rather than zero and that revenue will exceed £11m if that was the last broker estimate.

Other than those assumptions, we are still in the dark on accurate numbers. The main thing is that the trends are strongly facing the right direction.

[gdjs100] 16/9/2021 15:07

Those are the current estimates, yes, but it will be at least 0p.

[mattleplonk] 16/9/2021 14:48

Not sure also on 'market expectations', but from the the last two posts, are we to expect revenue of £11.0m (Effortless) and 0.0p EPS and hence £0m profit after tax (gdjs)?

[gdjs100] 16/9/2021 12:49

Were - they have since been upgraded to 0.0p

[effortless cool] 16/9/2021 12:31

"Market expectations" are based on the broker forecast: £11.0m revenue and -2.63p normalised EPS for 2021.

[overmars] 16/9/2021 11:28

Anyone have an idea as to what market expectations were/are?
Weird announcement
Not sure who writes these announcements- I hope they are not paying for advice!

[bones] 15/9/2021 00:06

Time for another video Dimknaf!

[dimknaf] 14/9/2021 22:54

And yes Zytronic used to be my 2nd largest position, and now became the largest!

[boadicea] 14/9/2021 20:02

One thing this pandemic has done in the manufacturing sector is to highlight those companies that can adapt and organise and then come out of the situation fighting fit. Fortunately for its shareholders ZYT appears to be one of them - so congratulations and thanks to its management and workers.
I look forward to a profitable holding for the foreseeable future.

[trident5] 14/9/2021 17:22

What I never understand is that the management actually think they know what profit the markets expect. And then don't tell us what it is - it's all BS really.