gretel
24 Sep 2015
New product news ....(and good pictures!):[link] "Curved Touch Screens and Rugged Touch Tables Set the Tone at G2E Wednesday 23rd September 2015 01:11pm Leading developer and manufacturer of advanced Projected Capacitive Technology (PCT™
touch screen solutions, Zytronic, will be demonstrating its ultra-large format multi-touch products in the form of a 55” roulette table simulators and a custom 40” curved slot machine at G2E 2015 (Booth 4111). Commenting, Ian Crosby, Sales and Marketing Director at Zytronic, said, “Casino touch screens are increasingly moving to larger sizes and more sophisticated designs with special shapes, cut-outs, printed colours and even curved forms and added functions in order to attract passing players. Reliability is critical, as revenue generation relies upon a functioning touch screen. Zytronic’s award-winning PCT projected capacitive touch sensors meet all these requirements, offering almost limitless customisation, the latest multi-touch levels of performance, and rugged, dependable design, unaffected by spills, scratches and damage.”The large concave bezel-free 40” multi-touch screen featured at G2E is user customisable and capable of detecting up to 40 simultaneous touch points. The inward curve of the concave screens allows users to (almost literally) step inside their digital experience, providing a much more immersive playing experience. Zytronic have combined it with an integrated 19” “button deck” – all on the same curved glass surface. Also on the booth will be a Zytronic touch table based on its MPCT™ Multi-touch Projected Capacitive Sensing technology capable of supporting HD and UHD displays up to 85” with up to 100 simultaneous touch points. Zytronic sensors are especially well suited for touch tables; as they combine extreme resistance to severe impact, scratches, and liquid spillages, with immunity to accidental touch by a sleeve or glass, incorporating advanced palm rejection functionality that only reacts to a finger or conductive stylus".
MrMeerkat
22 Sep 2015
Topped up today The emails from Hargreaves Lansdown to my BT email account are currently being delayed by several hours (21 hrs in one case!) so it was a pleasant surprise this evening to discover that my buy-limit order to top-up ZYT had triggered at lunchtime at 304.75. 
I've come to respect this company since I first bought-in 6 months ago at 270. It has good products, a good niche and seemingly sound management. Hopefully today is a long-awaited opportunity to buy on a dip. MM - waiting for the falling-knife syndrome to start tomorrow
gretel
18 Aug 2015
Early buys this morning Just to note that last year saw an "ahead of expectations" year end trading update on 10th September, against the 9th October update the prior year. So hopefully not long to go!
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20 Jul 2015
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pharmaspecialist
01 Jul 2015
Re: Nws of expansion and a tip for ZYT I would agree with the assessment of Zytronic in the Motley fool article mentioned in gretel's post. The track record includes 15 years as a quoted company and over 30 years working in its current area so the company must have come through many ups and downs in the economy.
gretel
10 Jun 2015
Nws of expansion and a tip for ZYT Nice bounce from 300p - and two pieces of news:[link] "09 June 2015Zytronic expands presence in South AmericaZytronic, 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.”And secondly, a 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....[link] 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."
pharmaspecialist
20 May 2015
Re: Results out Yes I would agree that these results are decent Mike. The figures are moving in the right direction and I particularly like the £2.6M cash generated from operations, the net cash of £7.3M and the long term steady increase in the dividend. Also agree that there is little market awareness of this tiddler but as a long term holder I'm not too bothered about this - let's keep the secret to ourseves.
KEEPING CALM MIKE
19 May 2015
Results out Interim Results for the six months ended 31 March 2015 Zytronic plc, a leading specialist manufacturer of touch sensors, announces its consolidated interim results for the six months ended 31 March 2015. Overview· Revenue increased to £10.0m (2014: £8.8m)· Touch revenues account for 80% of total (2014: 77%)· Gross profit margin improved to 39.9% (2014: 33.9%)· Profit before tax increased by 15% to £1.6m (2014: £1.4m)· Earnings per share ("EPS" increased to 8.7p (2014: 7.7p)· Interim dividend increased by 10% to 3.14p per share (2014 interim dividend: 2.85p)· Net cash increased to £7.3m (30 September 2014: £6.3m) Decent results but little market awareness to this tiddler
gretel
23 Jan 2015
Tipped in Shares Magazine today "Rugged displayForecasts look too cautious as Zytronic eyes new products drive We remain fans of rugged touchscreens manufacturer Zytronic (ZYT:AIM), its management and underlying robust financial strength. The Newcastle-based rugged displays manufacturer has built its reputation on outdoor applications, ATM screens in particular. But the £45 million cap is increasingly tapping new markets, such as vending machines, gaming terminals and even medical appliances, where touch-screen controls get bashed about, so kit needs to be robust. It supplies the displays for London’s ‘Boris Bikes’ terminals, for example. Full-year results to September 2014 were impressive, beating market expectations as revenues rose from £17.3 million to £18.9 million, while pre-tax profit jumped 38% to £3.3 million. Dig beneath these headline figures and there is scope for profit growth to continue outstripping sales. For example, touch revenue increased by 18% from £12.6 million to £14.9 million, and unit volumes rose from 125,500 to 139,100, underpinning an impressive hike in gross margins from 30.8% to 36.6%. Consistent investment in research and development continues to bolster the product range, with curved touch-screens among its leading projects, plus larger form factor displays that are increasingly popular among manufacturers. For example, 30-inch screen sales jumped from circa 2,300 in the year to September 2013 to 6,300 last year, and this a typical niche segment where Zytronic has built and is maintaining a technological edge, and offering scope to bolster gross margins still further. Zytronic’s balance sheet and cash generation remain terrific, with current assets five-times the size of current liabilities, while the business threw-off £4.2 million of net cash last year, versus £3.3 million a year earlier. Net cash stood at £7.8 million, worth 51p per share, providing a neat share price valuation cushion. PROVEN TOP TEAM Zytronic remains relatively small and relies on a limited number of customers. This makes it susceptible to gaps in the order book, as happened in May 2013. That threat remains to an extent, while end market visibility is not great. Yet management deserve credit for not panicking back then, instead buckling down to the job at hand. Investors are entitled to feel a level of security in the hands of CEO Mark Cambridge and finance director Claire Smith. The figures, plus optimism that robust latter year trading is flowing into the current financial year, prompted house broker N+1 Singer to up its 2015 forecasts. The analysts now anticipate £3.6 million of pre-tax profit on £19.7 million sales. The equivalent estimates for full-year 2016 come in at £3.9 million profit on £20.7 million revenue; hardly demanding and implying earnings per share (EPS) of 19.9p, rising to 21.4p respectively. We think these numbers look light given Zytronics’ improving end markets, product development and extra clean room investment due to come onstream. Consensus forecasts are for 2015 EPS of 20.9p and 23.8p a year later. Strip out net cash from calculations and assume a 15-times price to earnings (PE) multiple by year end in September, and you’re looking at a share price of close to 420p, or 40% up from here. Given that the stock has previously hit highs of 362p, we believe this target is reasonable and achievable."
KEEPING CALM MIKE
09 Dec 2014
Re: Results - Up Strongly Good results , nice dividend too
Rusty Jock
09 Dec 2014
Results - Up Strongly Much stronger second half .Revenues up to GBP 18.9m with much better product mix .EPS up from 11p to 19.6p .Div up 10%.PE=14.5 , Div 3.5% approxExpect SP to be strong , despite the market expected to be weaker .
