Zytronic Share Discussion Threads

[harebridge] 26/6/2015 19:48

What's the matter with this company.Looks so promising, yet the share price just stagnates & drops.

[wednesday6] 26/6/2015 15:15

interim divi next month too

[gucci] 26/6/2015 15:06

ok
im convinced!!
1800 shares

[rcturner2] 26/6/2015 14:58

Took my stake up to 10k shares today.

On my reckoning, net of cash, on a PE of about 10. Unbelievable.

[effortless cool] 26/6/2015 14:26

Same thoughts as rivaldo - just added £8k worth.

[gucci] 26/6/2015 14:24

Very tempted to buy again here
But the fact they are aim is worrying
Have had too many shockers of late

[rivaldo] 26/6/2015 14:16

The long-term uptrend here is still nicely in place, but for new investors here (or for top-ups) the current price would seem to be a pretty decent entry point imo.

The only concern would be currency headwinds, but ZYT have already said they're hedged until around the end of 2015 (or a minimum of 12 months from the last year end), so any effect should hopefully be minimal if any.

[rivaldo] 10/6/2015 08:17

New article about why this TMF writer would buy ZYT rather than MONI....a fairly uneven contest imo! And he doesn't even mention ZYT's cash pile....



Extract:

"Touch Screen

This situation contrasts markedly with Zytronic (LSE: ZYT). It manufactures touch screens for allsorts of products; from drinks machines, to ATMs. As such, it is not, strictly speaking, a technology company at all. Therefore, its bottom line is much healthier and more consistent than you would expect, with Zytronic having been profitable in every one of the last five years, with growth averaging 15% per annum during the period.

And, looking ahead, Zytronic is expected to be profitable in each of the next two years, with growth of 8% forecast in the current year, followed by a rise of 14% next year. Despite this, it trades on a price to earnings (P/E) ratio of just 14.1, which translates to a price to earnings growth (PEG) ratio of only 0.9. This indicates that its shares could continue the rise that has seen them soar by 33% since the start of 2014."

"Zytronic’s track record of growth, its forecasts and its valuation all hold tremendous appeal. And, while it is not really a technology stock, it is benefitting from the increased use of a relatively new technology in terms of the wider usage of touch screens in everyday life. As a result, it seems to be a better way to access a growth space, while maintaining a sound investment case via its upbeat financials."

[rivaldo] 09/6/2015 22:49

Nice bounce from 300p today - and some news:



"09 June 2015

Zytronic expands presence in South America

Zytronic, the specialist developer and manufacturer of projected capacitive touch sensors for advanced touchscreen applications, has expanded its sales presence in South America.

The company has extended its distribution agreement with manufacturer’s representative Phoenix Rep to cover the whole of Central and South America with a special focus on Brazil.

Phoenix Rep plans to establish an office in South America soon, to enhance its direct links with Brazil, and other countries in the region.Phoenix Rep, which is headquartered in Guadalajara, Mexico, represents electronic component manufacturers and provides design and technical support to domestic OEMs.

Ian Crosby, Zytronic sales and marketing director, commented: “Phoenix has been extremely supportive of developers and system integrators working on a wide variety of projects that have benefited from Zytronic’s rugged, high performance touchscreens. We wanted to extend this offering to customers in South America and are confident that together we will enable a host of exciting new designs such as cutting edge touch tables.”

[wirralowl] 04/6/2015 15:17

Rivaldo, Investec also reduced in another holding of mine too yesterday, SQN, so it would support your theory.

[metier9] 04/6/2015 11:38

Other (please specify):
Change in our Terms & Conditions restricting the exercise of Voting Rights to Discretionary client holdings

They did this on tons of shares as of late. I don't think they sold just voting rights changed.

[rivaldo] 04/6/2015 06:56

Yesterday I must have seen half a dozen or so RNS's from Investec reducing their stakes in small cap companies. IDEA was another one off the top of my head. Which hopefully indicates that this is just a bit of top-slicing across the board from Investec which will soon come to an end, if it hasn't already.

[kalkanite] 04/6/2015 05:29

Our seller has revealed itself....

Investec wealth investment Ltd.

Reduced from 622,923 to 486,233 (3.19%)

[igoe104] 01/6/2015 16:24

Hopefully now it`s broken the £3 barrier and scared the traders away, it will creep up to £3.50, and then beyond later in the year.

[shauney2] 01/6/2015 16:07

We still have that 10k seller but not holding back the rise.

[rivaldo] 01/6/2015 14:38

New highs now.

[shauney2] 29/5/2015 16:30

Nice intra day turn.Think there has been someone sensibly selling into the recent rise.

[rcturner2] 26/5/2015 09:15

Bought in today. Very happy with the growth story and the balance sheet strength here.

[topvest] 21/5/2015 20:14

Looks great on Stockopedia with a StockRank of 99 and QV Rank of 94. Should attract momentum buyers now as its still very cheap.

[igoe104] 21/5/2015 17:34

Still only a 47 million cap, small for a company with so much protential.

[shauney2] 21/5/2015 16:10

Nice mention for ZYT in todays shares magazine "Take a bite out of technology"

It mentions how touchscreen tables can be used in restaurants, pubs and food sellers.

Looks like the gap in the chart is starting to be filled now.

[rivaldo] 20/5/2015 09:02

New highs now. Thanks for the broker comment etc hastings.

[topvest] 19/5/2015 17:08

Good results and they always tell it how it is without trying to mess about with the numbers. All looks very promising. If H2 is strong and forward outlook remains positive then £4 should be a reasonable target. A quality company.