Posts in LSE:DIA

Broker Forecast - Peel Hunt issues a broker note on Dialight PLC

Peel Hunt today reaffirms its hold investment rating on Dialight PLC (LON:DIA) and cut its price target to 565p (from 720p).

Dialight warns on decline in production shartfalls

Dialight said it has continued to experience production volume shortfalls at its plant in Guadalajara, Mexico.

Following the most recent unexpected update from its manufacturing partner, the Board now believes a significant number of orders are unlikely to be fulfilled in this financial year.

The Company added:

"As a result we now expect EBIT (excluding non-recurring items) for the year ending 31 December 2017 to be not less than £9m.

"We expect non-recurring items to be in the region of £6m, and to end the current financial year with a strong net cash position."

Michael Sutsk

Director Deals - Dialight PLC (DIA)

Michael Sutsko, Chief Executive Officer, bought 6,820 shares in the company on the 31st October 2017 at a price of 649.00p. The Director now holds 11,489 shares.

NOTE: Average price over 3 transactions.

Director deals data provided by www.directorsholdings.com

Stockwatch: Weighing the odds of a market crash

Stockwatch: Weighing the odds of a market crash

Thirty years after the 1987 crash, there's record debt and stocks are riding high. Edmond Jackson asks if things really are different this time.

Broker Forecast - Berenberg issues a broker note on Dialight PLC

Berenberg today reaffirms its sell investment rating on Dialight PLC (LON:DIA) and cut its price target to 530p (from 620p).

Broker Forecast - Peel Hunt issues a broker note on Dialight PLC

Peel Hunt today reaffirms its hold investment rating on Dialight PLC (LON:DIA) and cut its price target to 720p (from 920p).

Are Pendragon plc and Dialight plc falling knives to catch after dropping 15% today?

Car retailer Pendragon (LSE:PDG) shocked the market on Monday, when it issued a profit warning and a surprise strategy update. The firm's chairman also announced that he would stand down immediately, albeit for "personal reasons".

Pendragon shares have fallen by 18% to 24p at the time of writing. In this article I want to consider what we know and whether the shares might now deserve a closer look.

Dialight considering reinstating dividends

Dialight expects EBIT for the year to the end of December to be in the range of £13.5m to £15.5m due to short-term production challenges.

The group said that since its interim results, it had successfully launched the upgraded Area Light and High Bay Product Lines.

In addition, it completed the transfer of production for these products to its manufacturing partner.

An update said: 'We added significant technology upgrades in our two largest product lines: Area Light and High Bay.

Broker Forecast - Berenberg issues a broker note on Dialight PLC

Berenberg today initiates coverage of Dialight PLC (LON:DIA) with a sell investment rating and price target of 620p.

Dialight plc and SThree plc: 2 growth stars you probably haven’t considered

If you're looking for the best growth opportunities, I think it makes sense to look further down the market at those companies that remain off the vast majority of professional investors' radars. Here are just two examples.