This merits some attention....lovely graph...surprised that there is no thread on this one, so anybody else interested in this beauty ?.

what I see and read looks good. However, the market does not seem interested. Volumns are very very low - why ?

Could be the wide spread.

Agreed - that had put me off. However, seeing a couple of very small sells go through this morning at 262p I took a punt at 265p and got them (shows as a sell which makes me even more content)

Excellent results and update, plus a dividend.....sp could go a long way this year....

Sold these too early.

Goes ex-divi 19th March '10. 4.3p

One for the Isa.....steady rise, nice dividend.

Agreed - I have been in this one for some months following research after The Times gave it as a tiddler to watch. It has been facinating (and profitable) to watch the SP rise with very little trading.

Lot more to come I think.....the sp should be a lot higher by the end of the year....

RF - Can you explain why SP rises on very small volume - not that I am complaining !!

Big spread & tricky to deal, maybe?

I've just taken profits here,.....not sure if this will rise in the short term and there could be a sort of head and shoulders chart pattern forming with some sort of pullback about to happen....this might not happen, could turn higher but I've banked my lot for the moment...might be a mistake in which case I'll jump back in if I can catch the sp at the right time.

Where to now.

"..the Board is pleased to announce that Dialight will exceed market expectations for 2010.."

Amazing climb here......still in, one of my best it seems.....

Recommended in Shares magazine...apparantly a long way to go yet!

What the hell is happening here ?, down 80p nearly ......

As a long term holder I am often confused by the massive ups and downs (mostly ups) on such very low volumns

Canaccord Genuity maintained its "buy" rating for Dialight with a 1,200p target price. The broker said that the LED manufacturer's acquisition of lighting controls company Airinet provides it with a complementary service that will create greater energy savings for customers when sold in conjunction with the firm's existing products. On Canaccord's forecasts, the shares trade on a prospective multiple of 27.6 times for the year ending December 2012, falling to 21.6 times in 2013. The shares inched up by 2p to 1,036p.

Dialight defines the current state of LED lighting technology with continuous innovations in light output, efficacy and reliability for our complete line of high-specification lighting fixtures specifically designed for industrial, commercial, hazardous location, transportation & public infrastructure applications. These results are directly related to our ongoing commitment to advancing solid-state lighting products that vastly reduce maintenance, improve safety, ease disposal, and are more environmentally friendly - thereby helping to reduce CO2 emissions, the dominant GHG contributor to global warming.

With our high-specification range of products we are uniquely positioned for a number of long-term global growth trends, many of which are driven by government regulations and environmental initiatives. These include the current global infrastructure build-out, and the need for improvements to the efficiency, reliability and productivity of the electrical grid. Dialight plc is headquartered in the UK and operated out of the USA with offices in the USA, UK, Denmark, Germany and Mexico.

http://www.moneyam.com/action/news/showArticle?id=4383892

Will have to check up on this again...not been following....

Ex-divi wed 10th Apr (9.5p)

DIA looks ready to rumble. Support on the 50 day DMA and RSI just turned up. MACD looking set to go positive.

Think they update thursday..........


On BBC cefax, Led lighting sales Boom at Philiphs.

38% jump in first quarter LED sales from a year earlier.

50% fib retrace hit on DIA today, 1200p.
Risk/Reward buy here.

Results excelent today. Brazil opening up a whole new market.

BRIEF-Dialight says confident in meeting market expectations25 Apr 2013 - 07:07

LONDON, April 25 (Reuters) - Dialight PLC : * By the end of 2013, will have more than doubled our direct sales heads focused on industrial lighting from 2012 * Are in the process of setting up Dialight Brasil Participacoes Ltda * Expect results to be weighted to H2 but nonetheless remain confident in meeting market expectations * Source text for Eikon: [ID:nRS193pzw] ((London Equities Newsroom; +44 20 7542 7717)) ((For more news, please click here [DIAL.L]))

25 Apr Dialight PLC DIA N+1 Singer Buy 1,304.00 1,246.00 - 1,441.00 Reiterates

SP TARGET 1441p

Is it time to invest in Digital Britain? Five top technology shares to rival Twitter

By Marc Shoffman

PUBLISHED: 15:50, 15 November 2013 | UPDATED: 15:50, 15 November 2013


Dialight


Price-to-earnings ratio: 21.42

Dividend yield: 1.50 per cent



Share price as of 13 November: 899.50p

Most recent profits: £13m (31 Dec 2012)


Dialight sells LED lighting to companies. With energy prices rising and a big push to smarter power use, energy efficient lighting will be important.


Dialight listed in November 1993.


Mr Mould says: ‘Dialight is a story of energy efficient and durable LED lighting products being increasingly sold across the industrial space.


'Sales into the less economically resilient signals arm - obstruction lighting and traffic lights - remain under pressure but its core lighting division revenues, the biggest growth engine, jumped 72.7 per cent last year to £45.5 million in 2012, and hit £29.3 million in the first half of 2013, up 70 per cent and offsetting declines elsewhere.


‘The market is clearly hoping for better news on the Signals front and that could come alongside full-year results in February, prompting a potential re-rating.’


Read more: http://www.dailymail.co.uk/money/investing/article-2505169/Five-UK-technology-stocks-rival-Twitter.html#ixzz2kkoHfhIL
Follow us: @MailOnline on Twitter | DailyMail on Facebook

http://www.dailymail.co.uk/money/investing/article-2505169/Five-UK-technology-stocks-rival-Twitter.html

Director Deals - Dialight PLC (DIA)

BFN

Stephen Bird , Non Executive Director, bought 10,000 shares in the company on the 13th November 2013 at a price of 900.00p. The Director now holds 12,000 shares.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com




Director Deals - Dialight PLC (DIA)

BFN

Richard Stuckes, Non Executive Director, bought 10,870 shares in the company on the 13th November 2013 at a price of 915.00p. The Director now holds 37,853 shares.

Story provided by StockMarketWire.com
Director deals data provided by www.directorsholdings.com

Ouch.

StockMarketWire.com
Dialight's results will be hit by deferred lighting orders but the board remains confident of delivering renewed profitable growth in 2014 and beyond.

The company says industrial lighting sales grew by 50% (£23m) in the year.

But it says the late receipt of almost £3m of lighting orders that will now be delivered in 2014 and decisions by certain US customers in December to defer lighting orders will result in a shortfall against its previous expectations.

It adds: "We have previously stated that the performance of our Obstruction business during the year had been affected by the transition in our business model in this market and that this would directly impact group revenues and profitability compared to 2012.

"In addition, the combined performance of the Traffic business in both the USA and Europe was also down £3m in revenues on the prior year. We now expect underlying profit before tax from continuing operations to be not less than £14.5m.

"Over the latter part of 2013, we have been in discussions with Philips to join their LED Luminaire Licensing Programme. These were concluded at the end of December and will give Dialight access to a broad range of Philips' Intellectual Property relating to Luminaires."

Looking ahead, it says: "With the Industrial Lighting market remaining buoyant and Dialight continuing to hold its market leading positions, the board remains confident of delivering renewed profitable growth in 2014 and beyond."

Maybe worth a buy @550p.

Perhaps brokers TP's which are presently £12-16 may have to be revised?!

Investec Buy 643.50 843.00 1,185.00 1,020.00 Reiterates

Interim Management Statement
Dialight plc (LSE: DIA.L), today publishes its Interim Management Statement for the period from 1 July 2014 to 18 November 2014.

Our Lighting business continues to perform well, with strong sales and order growth in the year to date. We have continued to invest for further growth in our Lighting business by strengthening our sales teams and increasing the capacity and capability of our Mexican plant. We are also well advanced with plans to increase production capacity in Malaysia. These measures will increase Lighting's productive capacity to meet our anticipated growth trajectory for the medium term.

As in recent years, Lighting's orders are weighted to the second half of the year and in particular to the seasonally-strong fourth quarter. Order input to date, especially in North America, has been robust. Sales during the period have lagged behind orders because of certain component delays and some disruption arising from our investment to increase production capacity and capability. Both of these sources of delay have now been resolved and production is currently running at levels sufficient to meet year-end expectations. While any further major unforeseen disruptions to production could result in additional slippage this year, we are encouraged that underlying market demand is strong and production is running smoothly at this time.

In the Signals Segment, the performance of our Obstruction business continued to improve steadily. Our Traffic business remained in line with expectations.

The performance of our Components segment remained steady. This business continues to make a solid contribution to the Group's profitability and cash generation.

The Group's net debt at the end of October was £4.2m compared with £1m of net cash at the same stage in 2013. The absorption of cash reflects higher working capital due to our growth in Lighting and the increased investment highlighted above.

We are encouraged by the strong demand for LED lighting that we have experienced in recent months and our expectations for the full year remain unchanged.

StockMarketWire.com
Dialight's group revenue rose by 22% to £159.8m in the year to the end of December (2013: £131.2m) - an increase of 25% at constant currency.

Lighting segment revenue rose 46% to £99.9m (2013: £68.5m); an increase of 50% at constant currency. Lighting operating profit was up 26% to £14.5m (2013: £11.5m).

Group underlying profit from operating activities rose by 25% to £18.1m (2013: £14.5m); an increase of 30% at constant currency.

Underlying EPS increased by 20% to 36.8p (2013: 30.8p) while basic EPS increased by 12% to 29.4p (2013: 26.2p).

Recommended final dividend increased to 9.8p (2013: 9.5p) representing a total dividend for the year of 15.0p (2013: 14.4p).

Interim group chief executive Richard Stuckes said:
"Dialight delivered strong growth in 2014. Lighting sales were up 50% at constant currency and, within the Signals segment, the Obstruction business achieved sales growth of 22% at constant currency. The results benefited from continued development of our sales channels and new product innovation. "The adoption of LED lighting in the industrial and hazardous markets is still at an early stage and the opportunity for growth remains significant. We continue to see strong demand for our LED lighting and the Board remains confident in the future prospects of the Group."

StockMarketWire.com
LED lighting specialist Dialight has reiterated full year forecasts although operating profits will be weighted more towards the second half than in previous years.

A statement issued ahead of the annual general meeting today says that demand for products within the Lighting segment remained strong and group revenue growth for the quarter exceeded management expectations. It continues: "The initial assessment from the business review conducted by the group's recently-appointed interim group chief executive and group finance director, in conjunction with our management teams in the UK and US, is that the development of Dialight's production infrastructure and processes will need more focus and attention to keep pace with the Group's rapid growth in sales.

"The board will be reviewing a range of actions to improve the operational performance of the business in the second half and beyond.

"Group net debt at the end of the period was £8.9m.

"We remain encouraged by the strong demand for LED lighting. Although the Group's operating profits will be weighted more towards the second half of 2015 than in previous years, the Board's expectations for the full year remain unchanged."

StockMarketWire.com
Dialight has warned that underlying operating profit for 2015 will be significantly below expectations and that the results for the first half will be less than the prior year.

Dialight's annual general meeting trading update on 15 April said revenue growth for the first quarter had exceeded expectations but that it had a number of operational inefficiencies. The group says that since then it has also experienced a slowdown in the rate of orders in the Lighting segment in both the US and Europe which is likely to result in a shortfall in full year revenue.

The board believes that this reduction in orders is linked in part to a slowdown in the oil and gas sector. In the light of this adverse financial performance, and in conjunction with the previously-announced exercise to develop the group's production infrastructure and processes, new group chief executive Michael Sutsko is leading a strategic review of the business.

This review will focus will on the markets in which the group currently operates, together with an attendant review of its operations, supply chain, and product development. The company says the board remains convinced of the longer term prospects for the group and it expects to update the market with the findings of this review in the autumn. The group will publish its results for the six month period ending 30 June on 27 July.

Profit warning.

As in the previous post!!!

Hmmm -

N+1 Singer Buy 486.50 860.00 860.00 Reiterates

Canaccord Genuity Buy 486.50 900.00 900.00 Reiterates

Canaccord note today:
"We believe Dialight's revenue shortfall is due to macro rather than LED sector specific or company specific issues. Management has not seen a change in the competitive environment, the dynamics of the LED lighting market or its sales execution capabilities. Therefore, we remain positive on the hazardous and industrial LED lighting sector and Dialight's position in the market.
We also continue to believe the company's previously-flagged cost and margin issues are operational rather than structural. Management believes the issues are associated with business processes rather than capital and equipment. We expect progress on cost and margin issues to accelerate with the stability and leadership of a new CEO. However, largely due to unfortunate end market sector exposure, we expect a drop in demand and lower our 2015 Lighting revenue estimate 15% from £133.2m to £113.2m, and our divisional operating margin estimate to 11.9% from 13.9% (2014: 14.5%). We lower our 2015E revenue by 11% from £195.9m to £174.1m and adjusted operating profit by 27% from £21.3m to £15.5m. For 2016E, we lower revenue by 14% from £228.9m to £197.0m and adjusted operating profit by 30% from £26.7m to £18.7m. We expect FCF outflow to be £6m plus £5m of dividend payments in 2015. As a result, we expect net debt to rise to £12m from -£0.6m at end 2014 and £8.9m at the end of Q1 2015. The company has £50m of debt capacity and is well below loan covenants.

The share price has fallen 37% this morning, which we believe is excessive given our downgrades and that O&G represents 25% of Lighting revenue. We set a target price of 540p from 900p, based on a 20% discount to peer average P/E FY1 multiples. We believe a discount is justified at this time, given the pending strategic review and recent earnings performance. We believe our target price is conservative. Even after our earnings revisions, we expect 20% growth in EPS in 2016, broadly in line with 23% median growth expected for sector peers."

Harry - do you have a link to the above please?

It came from the FT. Will try and find the link.

I've found the blog Harry - thanks.

StockMarketWire.com
Dialight's underlying operating profits fell to £1.7m in the six months to the end of June - 74% down on last time (75% down at constant currencies).

Group revenues rose by 14% - up 9% at constant currency - to £80.6m with lighting revenues up 24% - 17% at constant currencies - at £53.4m.

The board is not declaring an interim dividend (H1 2014: 5.2p).

Group chief executive Michael Sutsko aUS: " We are clearly disappointed by the half year results for the Group, which reflect the adverse impact of operational inefficiencies and the impact of the oil and gas sector on lighting revenue growth in Q2 2015.

"I have commenced a strategic review to identify the best opportunities in current and potential markets, products and geographies. We will report back with the findings of this review in October."

margins low , no hope divi = s/p too high BB will maybe @ £ 4 buy director buys no comment, I look for a stake instead, will then consider a buy.