Previously writing on self-styled “global leader in sustainable LED lighting for industrial applications” Dialight (DIA), in May with the shares up to 320p I concluded in the context of the prior balance sheet and argued “encouraging start to the year”, I’ll review “interim results… expected to be published in early August” with interest but currently continue to avoid. Today it has announced those interim results...
Self-styled “the global leader in sustainable LED lighting for industrial applications”, Dialight (DIA) has announced a trading statement emphasising “AGM trading update - encouraging start to the year”. How encouraging?...
A trading statement today from LED lighting for industrial applications company Dialight (DIA) concludes that structural drivers position it well and give it confidence for the future. However, the shares have eased by 2% to 253.5p. That suggests that Mr Market does not wholly share that stated “confidence for the future”.
LED lighting for industrial applications company Dialight (DIA) has updated including noting “generally improving… order intake… We are starting to see early signs of project business and our MRO orders have continued to strengthen, demonstrating a significant increase in our market share… Order book is higher than we had expected” and “the ongoing conversion to industrial LED lighting”. However...
Self-styled “global leader in sustainable LED lighting for industrial applications” Dialight (DIA) has updated including of notifications from Mexico and Malaysia that its manufacturing facilities can reopen and that it is initiating phased restarts and of management share purchases...
Shares in self-styled “the global leader in sustainable LED lighting for industrial applications” Dialight (DIA), already down from around 250p when I previously wrote on in November, are currently a further circa 10% lower below 200p on the back of a trading update...
Previously writing on self-styled “global leader in LED lighting for heavy industrial applications” Dialight (DIA), in August I questioned “increasingly well positioned”, concluding the current reality though, rather than the jam tomorrow, sees the shares presently back towards 350p – and, with the market cap still more than £100 million, the risk/reward at this juncture still sees my stance sell / avoid. Today a “Trading Statement”…
Previously writing on self-styled “global leader in sustainable LED lighting for industrial applications” Dialight (DIA), early last month I noted argues recovery plans “progress” & “increasingly well positioned”… Er, what about the profit warning? with the shares then down to circa 350p. They have recently been headed back towards 400p, but now results for the first half of 2019…
An announcement from industrial applications LED lighting company Dialight (DIA); “Trading update and Directorate changes”. Those two together don’t tend to bode well – and we also cautioned here on an April update which emphasised “continued to make progress in our recovery”, but also included “results to be heavily weighted to H2, reflecting both the ongoing resolution of our operational issues and normal industry seasonality”…
Previously writing on Dialight (DIA) on the back of 2017 results with the shares at 532p, I concluded that the valuation in conjunction with manufacturing issues saw me continue to avoid. The shares previously closed at 524p and there’s now an AGM trading update…
