Updates

Dialight

February 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

Dialight has issued an update that said although FY15 sales growth was impacted by the weakness in the oil & gas sector, it expects results to be in line (N+1 Singer forecasts FY15 sales of £168m and £5.4m pretax profit). Net debt is down from £8m in H1 to £3.8m.Since our last update, Dialight also announced a strategic review to return to a 40% gross margin and 15% ebit margin by 2018. These targets reflect the revised focus on the growth opportunities within its Lighting and Obstruction businesses. The initial focus is to outsource all manufacturing, weed out marginal product lines and re-engineer products to decrease the number of individual component parts held in inventory. The changes will result i ...

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Supergroup

Dialight - Most of the heavy lifting looks complete (September 2019)

Dialight - Softer Q2 after de-stocking by distributors (July 2019)

Dialight (June 2019)

Dialight - Former growth star looking brighter (April 2019)

Dialight - Trading ahead of forecasts (January 2017)

Dialight (August 2015)

Dialight - Returns to form (April 2015)

Dialight (January 2014)

Dialight (October 2013)

Dialight - Class act recovers (September 2013)

Dialight - LED side sees 50%+ growth rate continue (July 2013)

Dialight - Lighting division showing 50%+ growth (May 2013)

Dialight - Has the lot for lovers of fast growth (April 2013)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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