Dynasil has succeeded in getting rid of its underperforming, instrumentation segment, allowing the company to regain a solid financial standing.
Dynasil now has two major segments that are growing and profitable.
Dynasil, despite its recent growth in share price, is still undervalued with growing revenue opportunities and a virtually untapped intellectual property.
Five years ago, Dynasil Corporation (NASDAQ:DYSL) was trading at a similar level to what it is today. The company, a developer of optical components used in a number of end markets, had executed a number of acquisitions to grow its business rapidly. As a result, the Dynasil's share price appreciated considerably.
Dynasil's shares peaked in October 2010, just before the company found itself in trouble. A number of products produced by DYSL's Instrumentation Segment required expensive refreshes as they reached the end of their useful life. These products included the Lead Tracer, the XRF Lead Paint Detector and the Navigator Probe. The Lead Tracer was discontinued, while the remaining two products cost far more than anticipated and were released outside of their initial timetables. This put the company in a financial bind as expenses grew and sales shrunk. As a result, revenues dropped considerably, profits became large losses and the company defaulted on its credit agreement with Santander Bank, all causing the stock price to plummet to under $1/share in January 2013.
To remedy the situation, the Dynasil made a number of changes, including putting its optics companies and RMD Instruments segment up for sale. Without having to sell any of its optics companies, DYSL sold everything associated with its XRF Lead Paint Detector (to PROTEC Instrument Corp. in Nov. '13) and Navigator Probe (to Dilon Technologies in Dec. '13) product lines. These sales resulted in payments of $1.2 million and $2.75 million to Santander Bank, which greatly reduced the company's indebtedness.
With its debt situation under control
Thank you so much, I just read the article, I am going to start a new thread with the article, of course I give you the credit, I just want other longs to see the positives. Perfect timing article comes out one day before conference call! This author has also spoken with Mr. Sulick!
Boy do I love fear, greed and even better stupidity! ty
"To sum up, I see significant potential long-term upside in DYSL 's stock price, assuming that the company's effort and commitment to resolve its default status are successful. Once that uncertainty is removed, I expect the stock to trade North of $5 - particularly after the official announcement that the Xcede Patch clinical trials are under way and their progress thereafter. Technical traders have targeted DYSL as a potential breakout candidate. With a float of about 8 million shares, the stock could gain significantly with buying pressure. Insiders own 44% of the total outstanding shares, and their appetite for shares at these prices never seem to end."
you will see in the end who wins and who loses!!!!!!!!!!!!!!!! Like Icahn when he bought CHK for the second time back in 2011, fear/stupidity is opportunity.....I'm long and will keep adding until the sun does shine again.....OH IT WILL!
Manipulation=opportunity! Buy more! Buy little pieces as she falls and be rewarded when CHK is sold! enough said!
Just bought for the 3rd time again, today and yesterday! I am fully loaded and look forward to the conference call next week! GL longs!
yes, you are correct, he and the other officers/directors received the stock as partial compensation. I actually like this even more, if they are willing to take stock in lieu of cash, shows me their belief, dedication and conviction for DYSL! I am going to add more today!
Thanks for your insight! If I see insider selling I will reevaluate the situation, as for now, they maybe getting shares"at our expense" but that is how the markets work, is this company in a better situation from a year ago? Did Sulick change things around? Did he take all stock in the beginning with no pay? Many companies issue stock for new executives to come on board, as well executives and employees get stock options in virtually every public company, so I don't really understand your point! Do you know anyone that works for free? Good luck investing!
Someone else is adding quite a few thousand shares today as well, it's the same person accumulating @ $1.65, they must have bought over 70k shares @ $1.65..............I'm a believer, just look where this company was a year ago, and now! Thank you Mr. Sulick
Also, 4 business segments, if one gets a decent size contract, everything changes! I'm also here because of Sulick's conviction, he came aboard for zero pay and all stock in the beginning! I'm adding, I purchased 3 times today!
then the refresh their bid! I have bids in!
they did. I am extremely bullish now, and see the share price moving up! They sold the loser division and acquired a winner, this is going to be a winner IMO! I can't wait for the conf. call next week, I think good times are coming the longs way! I am going to add more shares, the 500 after hours was just a test!
I sure hope management has a gift for us :)!
Not sure if these are options or direct purchases, but it seems like options