4300 days ago
Densitron Technologies (DSN), the AIM-listed electronic displays company has served up a rather nasty profits warning, leaving the shares trading at 7.625p valuing the company at just £5.3 million. I recommended this stock on t1ps.com, the site I founded and edited for 12 years until this September delivering an average gain of 42.7% over 241 share tips before leaving to set up The Nifty Fifty. The t1ps share tip was at 11.75p in December 2010 since when 6p has been paid out in dividends (including one special 5p payment) so as disasters go this was no total disaster. But the speed of the backtrack at Densitron is not pleasing.
4385 days ago
I published an update on AIM-listed electronic displays designer and developer Densitron Technologies (DSN) last week – concluding that a low earnings multiple and its balance sheet backing were sufficient to make me believe the shares were worth sticking with. Since my original tip on t1ps.com, the site I founded and edited for 12 years before leaving in September to set up the Nifty Fifty, my followers are 21% ahead.
The company has today announced what it describes as a “significant move forward” in its long-term strategy to create intellectual property and provide additional services that enable it to meet a fuller range of product requirements.
The following takes a look at the announcement…
4389 days ago
Shares in AIM-listed electronic displays company Densitron Technologies (DSN) were recommended on t1ps.com – the website I founded and from which I departed in September – at 11.75p in December 2010. In May 2011 a 5p per share special distribution was made to shareholders and since the t1p 1p per share has been paid out in ordinary dividends. With the shares currently trading at 8.25p we are thus 21% ahead here and the following reviews what to do now.