Updates

Dialight - Lighting division showing 50%+ growth

May 2013

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 announced a positive Q1. The industrial lighting business is performing well with “the doubled direct sales force paying off.” Divisional sales for the half and full year are expected to show +50% growth. The company has set up a local subsidiary in Brazil so that it is in pole position to benefit from the huge demand for hazard lighting in the oil & gas sector.Elsewhere, the signals business is expected to be flat for 2013 albeit H2 will play catch-up with a weaker H1 whilst the components side is in-line. Buy. ...

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