Dewhurst on the Web and Social Media

Dewhurst News, Fundamentals and Discussion on:

Dewhurst page on Interactive Investor
Dewhurst page on Financial Times
Dewhurst page on ADVFN
Dewhurst page on London South East
Dewhurst page on Bloomberg Markets
Dewhurst page on This is Money
Dewhurst page on Motley Fool
Dewhurst page on Proactive Investors

Dewhurst Socially Speaking

Dewhurst RNS, News and Media


13 Jun 2017
Dewhurst PLC - Half-year Reportfrom Interactive Investor

Dewhurst Charted

Dewhurst Discussion on Interactive Investor

NEW ARTICLE: Ten long-term holds for an ISA portfolio: Part 1 by II Editor

  Fri, 10 Mar 2017 14:50:00 GMT
"Part 1: The first five...It's the ISA season. As the tax year draws to a close on 5 April, people with money and uninvested ISA allowances are thinking about what they might invest in before their annual £15,240 allowance expires*. Those who are ..."

By II Editor

NEW ARTICLE: Three easy tricks to make you a better investor in 2017 and beyond by II Editor

  Fri, 30 Dec 2016 11:43:00 GMT
"It's a good thing my New Year's resolution wasn't to hit every deadline, because I've missed my first one: to start the year with a fresh list of shares ranked in order of their long-term investment potential.I'm tweaking the way the Decision ..."

By II Editor

NEW ARTICLE: Rallying Dewhurst pushes right buttons by II Editor

  Tue, 30 Aug 2016 13:57:00 GMT
" LSE:DWHT:Dewhurst is a small company. It's worth less than £50 million. It's not sexy, either. The company makes buttons for lifts and cash machines on a business park near Twickenham. It has, however, made shareholders a fortune over the years, ..."

By II Editor

Thoughts on Dewhurst by mcescher

  Sun, 27 Mar 2016 15:09:00 GMT
PE of 11 seems good value, this report has heaps of additional info LINK
By mcescher

NEW ARTICLE: Dewhurst: AGM surprise is a warning by II Editor

  Tue, 09 Feb 2016 08:56:00 GMT
"The best place you can be when a company issues a profit warning, is at the AGM.

Walking along the Uxbridge Road from Feltham station to [Dewhurst](LINK )’s headquarters ..."

By II Editor

NEW ARTICLE: Dewhurst: Fundamentals of stability by II Editor

  Fri, 22 Jan 2016 13:25:00 GMT
"Ten years of results from the supplier of electronic components for lifts and keypads shows how its wrought stability from unstable markets I’ve been pondering Dewhurst’s declining profitability from excellent levels to, perhaps, good levels: ..."

By II Editor

NEW ARTICLE: Dewhurst: More tortoise than hare by II Editor

  Wed, 09 Dec 2015 11:11:00 GMT
"Elevator and keypad component manufacturer Dewhurst’s performance in 2015 was as an uninspiring as its record over the longer-term is inspiring.

But for currency movements, Dewhurst’s revenue would have risen ever-so slightly in the year ..."

By II Editor

NEW ARTICLE: Six shares for the future by II Editor

  Fri, 09 Oct 2015 11:13:00 GMT
"Please remember, the decision engine presents a contrarian view of the market. Shares it favours will often be unappealing to stockmarket traders who move share prices in the short term. The future mentioned in the headline of this article is the ..."

By II Editor

NEW ARTICLE: Six for the future by II Editor

  Fri, 04 Sep 2015 10:58:00 GMT
"Thanks to a summer hiatus, it's been nearly two months since my last roundup of companies tracked by the Share Sleuth decision engine.These companies don't get as much attention as they deserve because their immediate prospects are unexciting, ..."

By II Editor

NEW ARTICLE: Nine for the future by II Editor

  Fri, 05 Jun 2015 10:46:00 GMT
"This month, one share joins the exclusive 'add' category of the 50-plus profitable stable companies we track most closely.[Please click on the hyperlinked company names in this article for more detailed analysis.] It's Sprue Aegis. Sprue designs ..."

By II Editor

NEW ARTICLE: Dewhurst: The company’s a buy but the report’s a sell by II Editor

  Mon, 23 Feb 2015 08:21:00 GMT
"Dewhurst: The company’s a buy but the report’s a sell

Piecing together Dewhurst’s business model is more of a challenge than it should be. It’s a good business though.

Dewhurst’s annual report is a disappointment. The company isn’t, and ..."

By II Editor

Moneywise articles by nk1999

  Thu, 19 Feb 2015 00:00:00 GMT
"Our resident share expert casts his eye over the stocks to keep tabs on in the month ahead.

Strong progress from Dewhurst in improving markets is reflected in the company's full-year results. The component manufacturer improved revenue by the year to 30 September 2014, after a disappointing 2013. Profit was almost on a par with 2012, Dewhurst's best-ever year.

The company's cash position improved too. It has no debt.

Dewhurst manufactures pushbuttons and related components for lifts, railway carriages and ATMs, as well as bollards and signage for traffic management.

It benefited from a resurgence in local authority spending on lifts – one beneficiary being its CMS Anywhere product, a web-based monitoring system for housing and facilities managers (who are increasingly required to report on lift performance). Sales in its recently
acquired US subsidiaries, which the company has restructured under a single head, have improved too.

Otherwise, Dewhurst focused on improving efficiency and product development in 2014. It launched a redesigned solar-powered bollard, an enhanced security ATM keypad and a remote indicator display that enables facilities managers to provide residents with service updates by texting a screen in their building.

The company reports stable demand but economic uncertainty, and it warns that the strong pound may continue to reduce overseas revenue, which accounts for about 70% of total revenue. Currency fluctuations should even out over the long term, though. Its share price of 465p values the enterprise at £26 million, about six times adjusted profit. The earnings yield is 17%.

The risks are mostly speculative and insufficient to undermine the attractiveness of shares on such a low valuation. Dewhurst is controlled by members of its founding family, which gives its directors the power to operate the company in their own interests rather than those of shareholders in general.

However, payments to plug the defined benefit pension fund deficit will reduce cash flow in coming years, while Dewhurst's mixed results from product and geographical diversification may indicate that, although it has profitable businesses, it's not always successful in growing new enterprises.

Balancing those concerns is Dewhurst's decades-long record of profitable growth and financial prudence, which indicates that the company's management has been a good steward that has enriched all shareholders, and that Dewhurst's position in established niches, particularly lift pushbutons, is entrenched.

Progress may not always be smooth, but in the long term, Dewhurst should be a good investment."

By nk1999

NEW ARTICLE: Five for the future by II Editor

  Thu, 18 Dec 2014 11:15:00 GMT
"And now for something completely different. A list of shares that will not necessarily profit investors in 2015. You'd need to be more patient than that.This list is probably unlike any of the other lists you will see published as the New Year ..."

By II Editor

NEW ARTICLE: Investing in illiquid shares by II Editor

  Thu, 11 Dec 2014 10:07:00 GMT
"A wide spread and a small Exchange Market Size, doesn’t preclude long-term investment. A small free-float might. This from Dave Lawlor, on a recent article about Dewhurst, in the comments: How could any small investor get involved with this? ..."

By II Editor

NEW ARTICLE: Dewhurst: Startlingly undervalued by II Editor

  Fri, 05 Dec 2014 10:16:00 GMT
"Dewhurst: startlingly undervalued Steady progress from Dewhurst in improving markets, is reflected in the company’s full-year results. The shares appear to be startlingly undervalued.The manufacturer of pushbuttons and related components for ..."

By II Editor