Zytronic Share Discussion Threads

[gleach23] 11/4/2022 15:34

I guess it acts as a trailing support now boadicea, until there is a pause in the share price for a few days

[boadicea] 11/4/2022 15:28

A very pleasing uptick in interest as well as in price. There is a formulaic limit on what the company can pay in buying its own shares so the repurchases may reduce or be suspended. It cannot just chase its own price up willy nilly!

[my retirement fund] 11/4/2022 13:25

yea your money in the share buy back !

[rivaldo] 11/4/2022 10:26

Buying coming in at 174.25p now - looking good.

[velocytongo] 11/4/2022 09:18

I'd echo gleach. I've put in a small limit order at 170 and not getting hit. Interim results are due in early May and any good news and the shares will fly and any bad news the buyback will continue. It looks a decent bet - if you can buy any stock!

[gleach23] 11/4/2022 08:23

@ 160-170 there are virtually no shares available to buy online whilst the underlying Bid is up to 164.6 so perhaps the buyback has hoovered up the loose shares and we're finally getting some traction back towards 200

[gdjs100] 07/4/2022 12:30

Ah ok. Thanks for confirming, and for getting me to double check!

[velocytongo] 07/4/2022 12:07

My mistake. Apologies

[gdjs100] 07/4/2022 11:42

Why are you using 22nd March? Buyback authority for 10% is effective 3rd March unless I'm mistaken?

[gleach23] 07/4/2022 11:25

Only getting a quote to buy up to 750 shares online. Bid for 10k shares is 160p so looking set for a further move higher imo.

[velocytongo] 07/4/2022 11:25

Prior to 22nd March, they'd bought back 575,500 shares, which meant no of shares was 10,843,652. The approval after that is for a limit 1,141,915 or 10%, which means no of shares can fall to 9,701,737. They currently have 10,658,652 shares outstanding.

[gdjs100] 07/4/2022 10:30

No they don't, authority resets at each AGM and they have authority to buy back 10%, or 1.14m shares, post the AGM on 3/3. Since then they have bought 645k leaving them with 500k remaining.

[velocytongo] 07/4/2022 10:00

The co still has another 950,000 shares to purchase to complete the 1.7m shares that they intend to buyback.

[velocytongo] 31/3/2022 14:00

cliffpeat, very interesting. if you can run a gambling machine off a screen of glass then you don't need as much space, which means you can get more machines in one place and thereby improve retail efficiency or you need less space.

[value hound] 31/3/2022 08:36

What's all this; a value share with growth prospects - whatever next!? :-)

Perfect Venn diagram centre hopefully and worth more like £30m / 277pps IMO, and maybe a lot more if they can get back to pre-Covid levels of sales and profitability.

[cliffpeat] 31/3/2022 08:27

And Electroglaz




Innovation and R&D underpin the future of Zytronic

I hope it pays off in financial terms before the inevitable future sale.

IMO DYOR

[rivaldo] 31/3/2022 08:13

Cheers c1d. More detail here - I particularly like "CryptoTouch® with Zytronic touch screens have already been successfully used together in ATMs for a European bank":

[c1d] 30/3/2022 12:41

Good spot Rivaldo. I am hopeful that vending will be a good growth opportunity for Zytronic as higher wages/worker shortages make automated solutions more attractive and cost effective.

[rivaldo] 30/3/2022 08:21

News:



"Zytronic improves touchscreens with Cryptera security solution

March 29, 2022

Zytronic Displays Ltd. has introduced a more secure version of its touchscreens that supports PIN entry applications available through its development partner, Cryptera, according to a press release.

Cryptera's CryptoTouch PIN-on-Glass products recently attained international level 5 certification from the Payment Card Industry Security Standards Council. The PCI 5.x approval covers 12 customizable touchscreen sizes, ranging from 5 to 27 inches.

The CryptoTouch solution is approved for offline and online transactions and can be combined with a secure card reader and an NFC reader for contactless payments. The technology enables authenticated payments to be handled entirely via the touchscreen without the need for a separate mechanical encrypting PIN pad.

Uses include self-service payment applications such as ATMs, financial kiosks, forecourt payment, parking, ticketing and quick-service restaurants.

All modules hold PCI 5.x certification and both card readers are EMV approved and hold international card scheme approvals."

[leecarter23] 30/3/2022 01:45

Do you think the share price is being deliberately held at this price for the buy back? If so, how long could this buy back carry on for?

[rivaldo] 29/3/2022 18:21

Another 100,000 bought back announced tonight, at 157.5p.

I make that around 700,000 so far - 6.1% of the total shares in issue at the start of the buyback. I never thought they'd be able to get hold of so many!

It'll make a very nice difference to the EPS calculations going forward.

[velocytongo] 29/3/2022 09:15

my point exactly, "running out of sellers at the current s/p".

[gdjs100] 29/3/2022 09:03

Only because the price was higher than they were allowed to buy.

[velocytongo] 29/3/2022 08:57

the co must be running out sellers at the current s/p. it's taken a week to find another 25k shares

[gleach23] 23/3/2022 13:03

OK thanks for clarifying gdjs100 and good luck with that investment.