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Still licking them from Ashley house......and holding :)
Yah, more spread than the chilled eisle though. Titon better?. Holders have a building round the corner from me. Could put on my columbo hat. Decent net net at 40p.
and weaker cash flow and cash position ..fancy JMB sub 40p?
To take notice.
@ these levels
Inevitably having a 30th November year end will always result in a slow start to our Financial Year but I can report that the opening months of the current year have seen trading at better levels than resulted from the very difficult conditions we experienced in the opening months of the preceding year. The cost reductions already implemented across the Group, which have included salary sacrifices by the plc board, will further benefit the financial results for the first half of the current year.
Chairman's statement In the Chairman's Statement accompanying the Report and Accounts for the year to 30th November 2011 I said, "We see the forthcoming year as one of both significant challenge and great opportunity". Those words proved to be well chosen in that our PCB operations faced severe challenges particularly in the first half of the year, while our LED activities achieved significant sales growth and, for the first time, made a positive contribution to the overall Group result. Our PCB activities continue to maintain their position in the markets they serve but inevitably they have been adversely affected by the continuing economic problems impacting both the UK and Europe generally. In total our PCB sales in the year declined by 30% but margin was maintained. Given the severe difficulties we experienced in the first half of the year it is pleasing to be able to report that some recovery was seen in the second half of the year. Further reductions in overheads combined with continuing successful efforts to redeploy PCB staff to our LED operations ameliorated the full potential impact of this marked fall in sales. By contrast the general LED market is expanding, as a result of technical performance improvements and market acceptance of their economic benefits. These factors taken together give us grounds for expecting that this market will see continuing substantial growth. In the year to 30th November 2012 our LED sales grew by 27% and margins increased by 11%; our LED activities now contribute 26% of total Group margin. Our Chinese and Indian ventures were entered into largely to service certain of our PCB customers who, at the time, required support in these markets. The venture in China also facilitated the sourcing of lower cost Far Eastern products for the Group to distribute in Europe.
PR Newswire London, March 14 Holders Technology plc Specialised Materials, LED components and Lighting Solutions Audited results for the year ended 30 November 2012 Holders Technology plc ("Holders Technology" or "the Group") announces its audited results for the year ended 30 November 2012. Holders Technology supplies special laminates and materials for printed circuit boards, and operates as a LED solutions provider to the lighting and industrial markets. The overall results for 2012 were mixed: the PCB divisions faced challenging market conditions throughout 2012, especially during the first half of the year. PCB operations in China were significantly restructured, resulting in a non-cash impairment cost. The LED divisions overall performed well and made a positive contribution. Holders Technology recorded the following results: * Revenue 21% lower at £15.6m * PCB revenue 30% lower; LED revenue 27% higher * Margins 1.6% higher at 24.6% * Overheads reduced by £355,000 * Impairment costs for China PCB operations £287,000 * Group Loss before impairment costs £78,000 * Group Loss after impairment costs £365,000 * Cash balances £700,000. No debt. * Proposed final dividend 1.0 pence per share
lol
wrong gear
broooooom brooom
70p is going to be traded after all Jolly interesting - not
Jolly slow
900@71p Fingers crossed
Anyone know about competitors? Could HDT be a takeover target? Perhaps even taken private. Thoughts welcome...
Can HDT?