Hello, Share Bunnies. You can glean by the Footsie still being about 7% lower than pre-covid levels that some firms are still in the doldrums after being kicked by the bug. Of course also, the Footsie would be even lower than it is if some companies had not actually done well out of the affliction. But one company whose sales plummeted is Zytronic (ZYT).
Hello, Share Watchers. A company which suffered from lack of orders due to the coronavirus is now raring to go again. Zytronic (ZYT), a Geordie firm which makes touch sensors, has released its half-year figures to March 31st 2021. And they could have been worse.
A trading update from manufacturer of touch sensors Zytronic (ZYT) includes “the downturn in sales experienced in the second half of last year has now levelled out at approximately £2.0m for the quarter to 30 September 2020 and the first quarter of this financial year to 31 December 2020”. So why are the shares currently 10% further lower to 135p?...
Previously writing on manufacturer of products for electronic displays Zytronic (ZYT), in October I suggested value recovery potential but noted it “facing uncertainty regarding levels of future business” and on the watchlist. Now results for its year ended 30th September 2020 have been published. On the surface they look bad, but if you dig deeper maybe this has attractions as an investment...
Previously writing on manufacturer of products for electronic displays Zytronic (ZYT), in May with a little more than 100p share price I concluded including the impact of the “difficult and unprecedented circumstances” of the response to COVID-19 need to be considered, but I suggest there still potential value here and it worth looking out for the “we shall keep shareholders informed of any material developments”. Today a trading update...
Zytronic (ZYT), a manufacturer of products for electronic displays, has announced results for its half-year ended 31st March 2020, with hopes including “our growth markets within the APAC countries where the pandemic has had the earliest effects will hopefully return to normality quicker than others”. A still little more than 100p share price though compares to 250p hit early in 2020...
