Previously writing on self-styled “a leading provider of innovative, highly engineered technology products principally for the global gaming and broadcast industries” Quixant (QXT), I questioned “positive signs of recovery”, concluding including having previously noted hopefully my prior warning was heeded – and, with that, I question whether the “softness in demand” is really worse than should have been reasonably anticipated? As such, I also remain wary of the company’s confidence for the future. Now a trading update...
Electronic display and related technologies company Densitron (DSN) has announced results for a first six months of 2014 in which “revenues have been disappointing in comparison to the same period in 2013 and consequently the group remains loss making”. However, with the shares having nudged higher today, to 6.5p, it is worth taking a look, not least because the company also reported a “strong” pipeline of new business and that it is confident in the outturn for the full year.