A bit of info here on fuel cells. Every little item helps to promote Dysons fuel cell technology.

http://biz.yahoo.com/bw/030519/195453_1.html

Link to Dyson web-site

http://www.dyson-group.com/home.asp

Here also is the phone number for Nick Parker the FD, 0114 263 2841

apparently a friendly and helpful chappie. Number supplied with his knowledge and agreement.

Chart follows:

minor ice age, I'm afraid, woodie! Think June for the full year figs.....zzzzz; but the-delicious-one claims he has no clue why the price was nudging positive today. (He's probably cackling down the pub as I type.....). They will announce the opening of the new plant sometime around Mar/May time to cope with the overflow demand, but nothing major expected imminently. So why the move today, guys....? Hmmm....

The medium/long term story remains very good at DYS. Just a case of being patient. But days like today are nice :-)

G.

The move up yesterday has resulted in a cluster of technical BUY signals. Amongst many, the following principal ones have been triggered (1) CMO (2) RSI (3) CCI (4) STOCH (5) Linear Regression (6) TCI.

(CMO is the Chande Momentum Oscillator, CCI is the Commodity Channel Index, TCI is the Trading Channel Index and Linear Regression is similar to a moving average but does not exhibit so much delay. Individually they all have their strengths but when they all appear together the overall signal is very much more accurate)

I have also discovered EVO issued a note on DYS in the last few days - a BUY with a target of 3.50, apparently.

(All of the above cribbed from posters on the other thread, but price is still moving up today. Now 2.725 mid. 3.50 was a target also mentioned in one of the other brokers' notes issued last summer.

I now have the brokers' note but it is far too big to post on here (24 pages with lots of graphics etc). A gentle word with Nick Parker at Dyson might get you a copy, (see the header for his direct line). It's good stuff, easy to follow and very conservative. Plenty of relevant information and the information is of good quality.

I have just received a copy of the piece in the Independent last week.....amazing how they've nicked your thread header for their first line, Socs!

"DYSON - NOT the vacuum cleaners company, but the advanced materials
> developer - has been attracting renewed interest. IBM, Seagate and Maxtor,
> the world's three largest makers of hard disks, are testing the little
> Sheffield company's new Carolite material in disk drives because, Dyson
> claims, it allows disks to be spun that much quicker without increasing
> vibrations.
>
> The hope is that Dyson will have commercialised the technology by the end
> of the year and it could be contributing significantly to profits by 2006.
> A new broker has started to put out research on Dyson - Evolution Beeson
> Gregory has a "buy" recommendation - which ought to help liquidity in the
> stock, too.
> ----------------"

up 9 so far today.

I wondered when you would spot that......! Is it still the best performing share in the 'Team's' portfolio?

No I'm afraid not, we took a profit recently after it dropped below the stop loss - but it's on the list to buy back, at a later date and of course I do have some of my own in my long term portfolio for dividend.

Nothing wrong with taking a profit..... I held all mine, despite the slide, after reading the brokers' note mentioned above. 3.00 - 3.50 range soon.

are the results due in the next few weeks?

see post 70, woodie.

About time to bring this one back to the top. If anyone is interested in high-tech materials, this could be the share for you. It seems to behave fairly predictably, has been a regular riser and pays a reasonable dividend.

No fireworks so far but I wish all my shares were as good. All IMHO naturally.

I agree with you Socs, excellent long term investment.

Seem to be picking up every day of this week. Slow, but steady!

There seems to be an odd 'Friday effect' developing. What a chart, eh?!

Looks like a fantastic short after yesterdays profit warning. A number of downgrades are now out pointing to a price below 250p. I have a short which I will add to on Monday, my target is 260p. Should be easy money.

'In the preliminary results announced in June this year we made it clear that
the Group has some significant challenges to address and, in particular, energy
prices. Since then the cost of energy has further escalated in excess of our
expectations. Our Thermal Technologies division, in which over recent years we
have managed to achieve improved profitability, is a highly energy intensive
business. In addition, our Saffil(R) business is a major user of electricity.
Our current fixed price energy contracts will expire before the end of the
current calendar year, and if present price levels persist this will impact on
the profit margin within these businesses. We are currently formulating action
plans to mitigate as far as possible the impact of these higher energy costs
and will keep shareholders informed of progress.

hunter
Don't get too excited. They can always recover some, if not all, of the energy price increases by adjustment of prices. Also, all of their competitors will be suffering from the same effects so it should have little impact on the overall market for their products. In fact, since Dyson have a good product range addressing the alternative energy market, they might even benefit in some small way.

30p drop seems an over-reaction to me so there may be a correction on Tuesday. Of course you may be quite right but it would be too much of a gamble for me.

hunter: I attended yesterday's AGM and have followed this company fairly closely for some years. If you don't mind hearing an alternative opinion, I think there are profit warnings and profit warnings. One is where the directors are guilty of poor judgement and the other is where future profits will be influenced from events way beyond the control of the directors.

This company has divisions which will produce excellent figures, Ecoflex for example. But a short history demonstrates that only 2.5 years ago, DYS were paying 12p per therm for their energy. They are currently on fixed contracts until October at 34p per therm and when they issued the annual results, they were basing their forward figures on the then current price of some 54p per therm. Now prices are between 70p and 80p per therm and they could hardly ignore the issue. Ive noted down that we are 5 months into the current financial year, year end being 31 March 2005, and obviously such a large hike in their energy costs will have an impact on the figures. However, a statement of the screamingly obvious is that the directors cannot control world energy prices and they have been aware of the issue and are developing strategies to ameliorate the effects of the price rises.

Several other companies will be making similar statements in the coming months. Here, the DYS directors were adopting best practice and getting the facts out in the open at the first opportunity.

The company is still highly rated in PE terms. This is because the market believes it has an excellent pipeline of products in the near, medium and long term. I think the Report and Accounts (approved by shareholders yesterday) demonstrates this and I hope it's something you will have digested before making your target price quite so low.

I note you refer to seeing several downgrades. Could you please let me know where these can be found as I'd love to check them out? Thank you and good luck with whatever you decide to do.