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ZYT oldjoe1
15 Oct 2015
Re: ZYT...... TRADING AHEAD OF Expectations REG – Zytronic PLC – Trading Update15-10-2015 07
0For best results when printing this announcement, please click on the linkbelow:[link] Number : 3029CZytronic PLC15 October 2015 Zytronic plc (the "Company"
Trading Update The Board is pleased to provide the following pre-close statement ahead ofannouncement of the Group's results for the year ended 30 September 2015,which is expected to take place on 8 December 2015. Further to the outlook statement made with the interim results on 19 May 2015,the second half showed an improvement in revenues over that reported for thefirst half. This was particularly marked over the last quarter, resulting in a13% increase in total revenues for the year above that reported for 2014. The improvement in revenues, together with the continuing benefits of theproduction efficiencies and capital investments, as reported upon at the timeof the interim results, have resulted in the Board expecting pre-tax profitfor the full year to be materially ahead of market expectations. Further information will be provided in the full-year results announcement. Zytronic plc 0191 414 5511 Claire Smith / Mark Cambridge N+1 Singer (Nominated Adviser & Broker) 020 7496 3000 Aubrey Powell / Tom Smale Notes to Editors Zytronic is the developer and manufacturer of a unique range ofinternationally award-winning touch sensor products. These products employ an embedded sensing element and are based around eitherprojected capacitive technology ("PCT" or mutual projected capacitivetechnology (MPCT) sensing. Both technologies were developed and designed tooffer significant durability, environmental stability and optical enhancementbenefits to system designers of touch interactive, industrial, self-serviceand public access equipment. Operating from three modern factories near Newcastle-upon-Tyne in the UnitedKingdom, Zytronic designs and assembles touch sensors using special glass andplastic materials, in environmentally controlled clean rooms. This information is provided by RNSThe company news service from the London Stock Exchange © Thomson Reuters Limited. Click for restrictions
ZYT oldjoe1
15 Oct 2015
ZYT...... TRADING AHEAD OF Expectations ZYT Zytronic Trading well ahead of Market Expectations........[link]
BIOM pond1
15 Oct 2015
Re: When will they sell a coffee capsule... Wouldn't surprise me if their sales teams were looking for contracts with all the big 5 supermarkets for bio-degradable plastic carrier bags.
MXP Drainboy
15 Oct 2015
Re: 95p Drainboy? Seems like hardly any time ago I was invested here, but I sold out nearly two years ago. Still can't believe how much oil the BoD said they'd found and how little it turned out to be. An expensive lesson in small cap investing. Genuinely thought I was onto a good thing.Sorry for your loss(es).
CHRT r21442
15 Oct 2015
Latest IC comment Aim-traded shares in small-cap UK defence company Cohort (CHRT: 400p) hit an all-time high of 400p yesterday after the company announced it had won a contract to provide Electronic Warfare operational support services to an export customer. The work will begin immediately and will contribute to revenue in the current year and beyond. The contract has a value in excess of £3m.This latest award comes shortly after Cohort won a contract worth £11.2m with the Ministry of Defence (MoD) to provide the armed forces with tactical hearing protection systems for the dismounted close combat user. The win follows on from a previous UK MoD contract earlier in the year, supplying Cohort's Tactical In-Ear Protection Plugs as part of the tactical hearing protection system for the basic user soldier.Furthermore, the company's board revealed at the recent annual meeting that around two-thirds of revenue for the 2015-16 fiscal year is now underpinned by customer orders, slightly higher than at the same period in 2014. I reckon the latest award takes the company's order book above £140m, and this excludes the pipeline of work - valued at €35.2m (£26m) - which EID, a Portugal-based supplier of advanced electronics, communications and control products for the global defence market, has in its order book. Cohort announced the acquisition of EID in early August and I covered the deal at the time ('Acquisitive growth drives re-ratings', 6 Aug 2015). The transaction is expected to complete in early December.So with Cohort winning a spate of new contracts, it's hardly surprising that investors have been warming to the investment case. In fact, the shares have now risen by 87 per cent since I initiated coverage at 214p exactly a year ago ('Blue-sky buy', 6 Oct 2014). You will also have banked a 5p a share dividend for the financial year ending 30 April 2015 if you followed that advice. The question is whether there are more gains to come?Earnings growth well underpinned by robust order book For the current fiscal year to end April 2016, analysts expect Cohort to report a 17 per cent rise in revenue to £117m to drive up pre-tax profit from £10.2m to £12m and generate EPS of 22.6p. For the year after, the respective forecasts are revenue of £131m, pre-tax profit of £14.2m and EPS of 26.2p. On this basis, Cohort's shares are rated on 15 times earnings estimates for the 12 months to the end of April 2017. However, it's also worth noting that the company's net funds have risen from £4.8m at the end of April to £12.4m at the end of August. This means that the €16m consideration for the EID transaction, equating to £11.8m at current exchange rates, is fully covered by cash on the balance sheet without the need for Cohort to tap a new debt facility of £25m with a syndicate of banks including RBS, Barclays and Lloyds. Moreover, as analysts believe that EID should be able to turn in profit of £1.3m on revenue of £12.7m in fiscal 2017, then half the forecast uplift in pre-tax profit for that financial year is already covered by the contribution from EID. This highlights the solid visibility of earnings.Of course, there is scope for more earnings upgrades if, as seems highly likely, Cohort continues to win new work that it is currently tendering for. Potential contracts being pursued include submarine communications work; roadflow traffic enforcement systems in the UK and for export; and communications systems for surface vessels. The company may also make further earnings accretive acquisitions too.The technical set-up is also supportive of more gains as Cohort's share price gave bullish point and figure and swing buy signals yesterday. My advice here is simple: run your profits ahead of the interim results which are due to be released in a few months time to exploit the new upleg in the Cohort re-rating, and the potential for more positive newsflow on contract awards.
TRAF BOWOOD
15 Oct 2015
Re: Allenby Capital think 400% Thanks for the link ribs. I still feel there is a need to scale the business by an acquisition or RTO.
SMA wdelboy2
15 Oct 2015
One guarantee today.... Its going to be a roller coaster ride with fireworks, dips and rises. Keep your head and don't panic. Fundamentals look great. All IMO. Especially like the CEO who has a proven honest ( rare in AIM) track record.
ALK dabba
15 Oct 2015
Offer extended as far as I can see, although BB threat of delist, they are giving a rolling two week notice on the offer. Offer extended Barbican announces that the Offer is being extended and will remain open for acceptance until further notice. Barbican will give at least 14 days' notice prior to the closing of the Offer.
ESTL Sprocket60
15 Oct 2015
98% Dilution Thats what punters have taken an hit with to get this fuzzer back on the market...I wish this company had gone under to be honest as this has been a long painful wait for nothing. I can only assume that this is all legal but feel like iv`e been well whacked up my didgeridoo.... Well gu`day cobbers...may John Byrne rest in peace, God bless his soul, he really has pulled off the big one....
BIOM sikovace
15 Oct 2015
Re: When will they sell a coffee capsule... Well said dazThis is just a lifestyle company run for the benefit of Mines & Standen with our money.Not even any attempts to win new business anymore and no updates on all of the previously touted deals.I would imagine they are currently deciding what whopper they will have to tell the public for the next round of mugging them for more cash.
SMA wdelboy2
15 Oct 2015
David Pearl CEO Who is he ?He has excellent history and has used family and friends money for this venture. All at a far higher share price than it currently is. If you have faith he can close the deal , stick with it.FT article 2011, before Ebola wiped the share price to next to nothing.Sovereign Mines of Africa appears to have been in the right place at the right time. Founded three years ago, when the markets were falling, it took a chance that the political situation in Guinea would improve.David Pearl, a 67-year-old with decades of experience in corporate finance for smaller quoted companies, put up £200,000 of seed capital and later raised £600,000 from family and friends to look at mining projects in the west African country. His co-founders were James Comyn, who has experience of negotiating with African governments, and John Prochnau, a gold mining engineer.Mr Pearl and Mr Prochnau have worked together before, founding Brancote Holdings, the Aim-quoted company that discovered gold in Argentina and was sold in 2002 for $300m.
MOS II Editor
14 Oct 2015
NEW ARTICLE: Trends and Targets for 15/10/2015 "BMR MINING PLC Â Day 4 (LSE:BMR). When we opt to cover a share in daily mode, it's easy to take things personally with the objects behaviour. BMR has opted to elicit some panic as we'd postulated 7.25p and once again, the price has refused to ..."[link]
time will tell if the JV news will increase the price to 0.50,however speculation can cause dissapointment if not achieved,as per last RNS re revenue growth expectation.However still expecting a bright bfuture for this one and also topped up today,well you just have to dont ya.
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