Re: results next monday I got some, Paul Scott in Stockopedia said he liked them at 789 after January's trading update, and for once my slow reactions have worked in my favour. If you can get into Stockopedia it's on [link] he doesn't say anything radical, just that the share has been punished enough for the glitches of the past couple of years and the current growth rates are impressive on a forecast PE which then was 16.7 and is now presumably about 13. GLA!
Re: results next monday so did you buy any this week, Bernie?hopeful of a good day on Monday.
Re: results next monday No, you're not alone. I'm not a holder at the moment ( sold up in Sept 2013 ), but have liked the company for some years now and the current sp looks attractive, so I'm dithering over whether to buy a few pre-results or wait to see how current trading is going.
results next monday DIA annual results out next Mon 2 March.am I the only person following this company?
broker upgrade 16/2 Numis upgrade Dialight from HOLD to BUY.Target price increased from 825p to 890p
Re: bought today Hold
Re: bought today Well that trade was badly timed. Never had a stock before trigger my stop loss so quickly.Do I sell or hold, have to think about it
Re: bought today DIALIGHT bought today at £7.94 See what made me buy this share at[link]
bought today DIALIGHT bought today at £7.94
Price drop Reflecting the latest RNS, the selling shows investors facing reality - this is no longer a rocket share and cannot justify such a high P/E as in recent years. The drop in profits last time were explained as management taking their eye off the organisational ball and the loss of much signal/obstruction business as the previous American agent took this sector to a competitor. There was never a question over basic lighting pumping out another 30- 50% increase in volume and profit, but the direct approach taken by management to regain obstruction accounts has obviously failed judging by the single line of comment about that area in the RNS. In my view this company will regain its previous highs in profits, but may take another 2 years to reach £18m+.On that basis, a heavy duty and profitable manufacturer of industrial lighting may justify a P/E of 15 to 20, but for now the glory days of 30 are gone.PB
Re: IMS Wednesday open £8.10 Friday close £7.21. 89p down in three days. I didn't see that coming and I still can't see why.
IMS A reasonably positive update, that means that Dialight is on track to return to growth this year after stumbling in 2013. [link]