Zytronic Share Discussion Threads

[bones] 15/3/2017 12:18

kalkanite, the RNS also says:

"furthermore there is no immediate plan to return capital to Shareholders, whether by way of any additional dividend, a share buy back or otherwise."

[kalkanite] 15/3/2017 12:11

Confirmation of capital reduction...



Special dividend on its way?

[rcturner2] 04/3/2017 08:59

Nice chunky dividend received.

[shauney2] 02/3/2017 09:41

Tipped in Shares magazine.
"Reliable growth and income with Zytronic"

[woodcutter] 01/3/2017 13:42

had two more bites today

wc

[bones] 17/2/2017 16:52

So kind, galeforce1!

[galeforce1] 17/2/2017 16:50

KoP202

Qualifying AIM shares are exempt from IHT if you have held them for a minimum of 2 years.

I'm not sure if there are any special rules re. AIM shares held in a SIPP. I don't think so.

Bones
Qualifying AIM shares are not a threat to your immortal status!

[bones] 17/2/2017 16:43

I have recently added here but I am mightily disturbed by recent posts that imply a threat to my immortal status. Should I be concerned?

[kop202] 17/2/2017 16:09

Interesting stuffAs someone who a good way along his mortal coil ...does this apply to any aim stock sitting in your sipp on the day of your demise

[galeforce1] 17/2/2017 08:19

Dozey

No problem.

Another interesting thing is that although property companies are usually non-qualifying, various property managers are qualifying. For instance Lok'nStore (LOK) (despite the fact that they own most of their buildings). This is a very good business, with great management.

[dozey3] 16/2/2017 23:18

Thank you galeforce, that's very useful.

[galeforce1] 16/2/2017 20:42

Dozey3

There's a useful site that allows you to check on whether specific AIM shares qualify for IHT relief - www.investorschampion.com

There's a charge (£5 per search or £30 for ten searches), but it's a useful tool.

Importantly, AIM copanies do not have to be Brtish to qualify. For instance Safecharge (SCH) which is Israeli, qualifies. So dies FXI which is Malaysian, or AFG which is Chinese.

[dozey3] 16/2/2017 16:52

Hi David
Indeed I do, but this is not the place to discuss, but briefly: the Inland Revenue is cagey as to which companies are eligible: they have to be British, not quoted on a recognised stock exchange, so AIM shares are OK, and not builders, financials or miners. That's my understanding. As well as ZYT, my favourites are IQE, BEG and RNWH, which are I hope eligible but I'm happy to hold anyway. Good luck.

[david2013] 16/2/2017 16:37

Hi DozeyI also appreciate the advantages of holding ZYT with regard to inheritance Tax. Do you have any other AIM stocks that offer a similar security and advantage as ZYT?

[dozey3] 16/2/2017 16:14

Suspect the favourable review by Paul Scott today is part of the reason the xd has not produced a hiccup and currently even managed a rise. See
I'm a long-term holder btw, but wish I'd bought sooner. I'm also interested in Inheritance Tax relief for which ZYT must qualify, though that need not interest you youngsters ;-)

[mattleplonk] 16/2/2017 10:56

Apologies, yes it is ex divi, I got confused with the record date!

[cockerhoop] 16/2/2017 10:56

Whilst I like and hold ZYT it really wouldn't do any harm to release a little more detail to accompany the Agm would it?

[igoe104] 16/2/2017 10:34

solid stuff.

Zytronic (LON:ZYT) 385p £61.3m
AGM Trading update from the developer and manufacturer of a unique range of internationally award winning interactive touch sensor overlay products for use with electronic displays in industrial, self-service and public access equipment.
Further to the outlook statement given in December 2016, revenue and trading year to date has continued to be ahead of the equivalent period and remains in line with management's expectations. FYSep17E £21.9m rev and £5.4m PBT 16.56p div

[rhomboid] 16/2/2017 10:10

XD was offset by a decent trading update, almost like they planned it that way..

[toyin] 16/2/2017 10:07

Thanks guys, that's what's confused me, no 10p drop?

All the best

[wjccghcc] 16/2/2017 09:53

xdiv today. Always on a Thursday.

[mattleplonk] 16/2/2017 09:37

Not ex divi until tomorrow I believe, so maybe see the effect then. Also, I see in-line 'management expectation' used quite regularly, and I take it to indicate satisfaction with market consensus opinion! The more interesting point is that they state that they are ahead of last year so far.

[shauney2] 16/2/2017 09:19

A short "revenue ahead" trading update is the reason.Not sure what management expectations were but they are inline with them.

No doubt they will drift down before the results unless something out of the ordinary happens.

[toyin] 16/2/2017 08:43

Forgive my stupidity why no 10p drop?

All the best