<b><u>Dialight tipped for rapid recovery</u></b> By Lee Wild | Mon, 27th February 2017 - 13:25
Dialight tipped for rapid recovery A series of crippling profits warnings blighted chief executive Michael Sutsko's early days in charge at LED lighting specialist Dialight (DIA), but his three-year strategic plan has had early successes and these full-year results are strong. They're so good, in fact, that house broker Investec Securities no longer believes the… Read More
...to the latest news. I read it as : the business is still very challenging, but we've had a windfall effect from the weakness in the pound. Struggling to work out why this pushes the stock up to this extent. if I held it, I'd sell here.....
I took my eye of this stock and didn't realise it was on the way up again. Revenues predicted to be flat vs. last year on same FX but actual results reported will show an increase due to sterling weakness. This will also impact the rest of the P&L as well but curiously not much clarity about costs and profit.
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.