For shares of Densitron Technologies (DSN) we have been treated to a decent progression on the daily timeframe since the final brief bear trap by the stock at the beginning of April from below the 4p level. Below I offer a share price target.
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.
Shares in Densitron (DNS) surged 8% to 6.625p yesterday as the electronic display and related technologies-focused company announced that it had settled a claim by the landlords of a property in Newcastle previously occupied by a former subsidiary. So what?
Shares in electronic display and related technologies focused company Densitron (DSN) currently trade just over 4% lower today, at 5.75p (capitalising the company at £4 million), on the back of its results announcement for the first half of 2013. The following reviews…
AIM-listed designer, developer and distributor of electronic displays Densitron Technologies (DSN) has updated that, at present, “the level of sales are in line with those achieved in 2012”, as “the difficulties in closing business that were encountered during the second half of 2012 have continued into the first half of 2013”.
AIM-listed designer, developer and distributor of electronic displays Densitron Technologies (DSN) is a company I have followed since the shares traded at 11.75p in December 2010, since when 6p per share (including one special 5p payment) has been paid out to shareholders.
Shares in AIM-listed electronic displays company Densitron Technologies (DSN) were recommended on t1ps.com – the website I founded and from which I departed in September – at 11.75p in December 2010. In May 2011 a 5p per share special distribution was made to shareholders and since the t1p 1p per share has been paid out in ordinary dividends. With the shares currently trading at 8.25p we are thus 21% ahead here and the following reviews what to do now.
