Trying to find out if anyone has interest/knowledge in Zylotech Ltd (ZYL)
I like playing with these kind of cheapy stocks for a punt and this one seems pretty good?
any thoughts out there?
cheers
madhun
26th-August-2005, 01:37 PM
It would only be a punt.
It fluctuates wildly between .002 and .004, peaking at .008
Get it at .001 and you'll do fine, but don't expect any dividend return anytime soon.
Depends entirely on your strategy, but it goes without saying, don't put the station on it.
bailej03
26th-August-2005, 09:58 PM
Director sold down a realitively big package recently then SP slipped to 0.003, could be one the way down again b4 it goes up again as has been alluded too.
TheProphet
28th-August-2005, 11:31 PM
Wouldn't touch it with a ten foot pole. This is the most diluted stock of all time. But hey if you could get in a .002 then do so. I hardly think anyone would be willing to sell at such a price. Alternatively get in at .003 and youd be looking at a seriously long time before you could even consider getting out at .004 . This stock trades at 0 volume 9 out of 10days.
Happy hunting
pods
14th-October-2006, 06:54 PM
Wouldn't touch it with a ten foot pole. This is the most diluted stock of all time. But hey if you could get in a .002 then do so. I hardly think anyone would be willing to sell at such a price. Alternatively get in at .003 and youd be looking at a seriously long time before you could even consider getting out at .004 . This stock trades at 0 volume 9 out of 10days.
Happy hunting
Hmmm. Do these comments still hold?
Green Lantern
3rd-November-2006, 10:49 AM
Actually ZYL did a reverse split and is now trading at 2.5-3c. There is more liquidity and it has positioned itself to work with Siemens and other majors in this space. I do think it is one worth watching now.
Good luck to all
ALFguy
12th-March-2007, 02:08 PM
Has run on significant news of a 'Team up' with IBM.
Trading at 12c, up 105%.
Listen to the BBR interview - mentioned other projects they have but are yet to announce.
surfingman
12th-March-2007, 02:40 PM
Has run on significant news of a 'Team up' with IBM.
Trading at 12c, up 105%.
Listen to the BBR interview - mentioned other projects they have but are yet to announce.
Can you post a link to the announcement your reffering to please aflguy?
ALFguy
12th-March-2007, 03:00 PM
All announcements are on ASX surfingman
ZYL on ASX (http://www.asx.com.au/asx/research/CompanyInfoSearchResults.jsp?searchBy=asxCode&allinfo=on&asxCode=ZYL&companyName=&principalActivity=&industryGroup=NO)
happytown
12th-March-2007, 03:09 PM
the recent movement may be the result of the recent IBM ann of 09/03, coupled with the recent Tenix ann of 07/03 and the late Feb vodafone and adair ann's, which [the ann's in total] all may have something to do with the recent t/o offer from QTK that the board of ZYL have informed s'holders to reject as it deems it inadequate in its current form, see ann 22/02
cheers :)
surfingman
12th-March-2007, 03:41 PM
The BRR interview wont work for some reason on my pc?
http://www.brr.com.au/event/ZYL/1604/11900/mp3
A larger parcel just went through of 250K and volume so far of 32445031
happytown
12th-March-2007, 04:19 PM
ahhhhh, spp offering up to $5k of new shares at 4.2c p/share as opposed to 10/10.5 current sp record date 21/03 - helps explain todays sp movement, ann released 4.06 today
cheers :)
surfingman
12th-March-2007, 04:22 PM
ahhhhh, spp offering up to $5k of new shares at 4.2c p/share as opposed to 10/10.5 current sp record date 21/03 - helps explain todays sp movement, ann released 4.06 today
cheers :)
Wow will be interesting few days got a few just before the trading halt... :)
silence
13th-March-2007, 10:09 AM
Is it just me or does this seem like a no brainer? Buy the shares now, wait for record date, buy more at 4.2c, and you're in?
Aside from the fluctuations at record date, etc, is there anything I'm missing?
surfingman
13th-March-2007, 10:59 AM
sold out this morning at 2% loss, and silence your not missing anything here expect some JV's which they have formed, Im going to hold out on 1 share and see what happens with share price with the share offer.
resourceboom
13th-March-2007, 07:32 PM
Is it just me or does this seem like a no brainer? Buy the shares now, wait for record date, buy more at 4.2c, and you're in?
Aside from the fluctuations at record date, etc, is there anything I'm missing?
silence, was thinking of doing the same thing, eg by a couple of shares (you only need 1), and try for the arbitrage selling when you get the SPP shares. But I probably won't as the SPP will likely be oversubscribed, and the following quote from the SPP announcement turns me off "Zylotech reserves the right to scale back applications in a manner to be determined by the directors in their absolute discretion", as it may end up being a waste of brokerage and time.
surfingman
14th-March-2007, 05:34 PM
whats going on with this stock today against the market up 28%, i hold 1 share but not sure if ill try to subscribe.
Are share placements usually first in first served?
the barry
17th-March-2007, 10:08 AM
whats going on with this stock today against the market up 28%, i hold 1 share but not sure if ill try to subscribe.
Are share placements usually first in first served?
I think they usually work out the number of shares applied for and then compare it to the number available, work out the ratio and then apply it peoples applications. So if it is 30 percent oversubscribed, then you will get 70 percent of your application. I bought the minimum parcel on friday, happy to lose it if the share price drops for the opportunity to double my cash quickly.
RIC
17th-March-2007, 05:03 PM
i think it wont be worth applying for spp as shares
currently 10 and issue 4.2
if half of 3700 shareholders apply for $5000 this is
1850*5000/.042 = 220m shares and this doesnt include
the many small amounts bought in last few days
they can by law only issue 29m therefore scaleback
would be 29/220*5000=$659 worth shares or 87% scaleback
Gurgler
30th-May-2007, 02:31 PM
Well today's announcement of the signing of the RMIT contract produced a surge of interest (33million plus shares traded). Their endorcement of the Pan, Tilt and Zoom camera is most welcome.
I wonder where we will go from here? Keep meandering along the horizontal?
Bluesky
9th-October-2007, 12:41 PM
ZYL has a presentation on Thursday this week by Martin Place Securities.
Hopefully will get some attention by some big brokers soon.
Take a look at the chart, its heading north and quickly.
Contracts here, Projects there and they keep winning more. Will rocket soon.
http://www.mpsecurities.com.au/calendar.php
Zylotech’s Directors will be at MPS on Thursday 11 October to give MPS clients the opportunity to hear about the company’s developments and their plans. We would be pleased if you could attend our offices from 12.30 – 2.00 for a company briefing and a light lunch.
Bluesky
3rd-January-2008, 12:29 PM
Nice ann today, and volume is biggest ever.
Finally starting to move again.
NSW Sports Academy -
Manly NRL breakthrough wireless contract to Zylotech
"By the end of next season we should be able to have all 16 NRL clubs using the system. We are also looking for other codes including the AFL, Soccer and Cricket pending on the availability of value-adding analysis software by 3rd parties".
Holding long term.
nikki
3rd-January-2008, 06:28 PM
Hi Bluesky,
i bought some of this today - looks interesting with lots of contracts?
unfortunately, i had not been watching the stock to notice how severely it gets manipulated by the day traders? foolish, considering how i do not normally buy on recommendations? i bought at its highs today.
so, either i may have to wait for several years before i get a good return or management may have a number of contracts up its sleave and will announce them gradually during this month???
would be interested to know how much money they have in the bank and in contracts, etc. etc. the quarterly report at the end of the month should tell us some of these i assume.
good luck and lets hope for .3 by the end of this century :D
rub92me
3rd-January-2008, 11:05 PM
It had some spikes before, but never on this volume. At least it appears to be trending up generally in the past months, so maybe you don't have to wait that long, nikki :D
nikki
4th-January-2008, 10:02 AM
thanks for the chart rub92me,
i had noticed the spikes in the chart but the previous low volumes did not alert me to day trader manipulations?? :confused:
yesterday's volume was exceptionally high given that there are only 161 million shares on offer and around 35% are held by the top 20 in the company?
the more research i do into the company the more I like its innovative product offering and its contracts. i am yet to figure out why its market cap is so low given the number of contracts it has, etc. perhaps this has something to do with the various stages that its contracts are at and its cash flow.
It is almost a year that any one has visited this thread.
It was probably company behaved erratically.
But has any one noticed that ZYL is now having an excellent coking coal for which JORC appears to be coming this month.
Further look at the volume today - very high compared to other days.
the SP is trickling up by 3% order today and previous two trading days. The SP went up .09 today and came down at .085.
I am intrigued at level of volume of transaction and speculating the transactions could be related to forthcoming announcement.
The followers of ZYL - could you please throw some light.
I just bought two parcels executed buy order today.
puntersteve
17th-January-2011, 12:41 PM
Hi all,
Trying to find out if anyone has interest/knowledge in Zylotech Ltd (ZYL)
I like playing with these kind of cheapy stocks for a punt and this one seems pretty good?
any thoughts out there?
cheers
Far as I know this company has changed direction, did make a few bucks on it a few years ago, buy low and you still might.
Miner
17th-January-2011, 04:06 PM
It is almost a year that any one has visited this thread.
It was probably company behaved erratically.
But has any one noticed that ZYL is now having an excellent coking coal for which JORC appears to be coming this month.
Further look at the volume today - very high compared to other days.
the SP is trickling up by 3% order today and previous two trading days. The SP went up .09 today and came down at .085.
I am intrigued at level of volume of transaction and speculating the transactions could be related to forthcoming announcement.
The followers of ZYL - could you please throw some light.
I just bought two parcels executed buy order today.
Extract from ASX at 12.56 PM WST
Delayed share pricePrices are delayed by at least 20 minutes. Retrieving any price indicates your acceptance of the Conditions.
Code Last % Chg Bid Offer Open High Low Vol
ZYL 0.087 4.82% 0.087 0.088 0.085 0.090 0.085 5,155,851
(Status - RE)
Date Last % Change High Low Vol *
14 Jan 2011 0.083 3.75% 0.084 0.080 3,575,741
13 Jan 2011 0.080 3.9% 0.082 0.075 4,146,971
12 Jan 2011 0.077 4.05% 0.079 0.076 2,835,400
11 Jan 2011 0.074 0% 0.075 0.072 1,148,930
10 Jan 2011 0.074 -3.9% 0.076 0.073 1,101,750
I have just drawn a rate of increase in volume in last one week for ZYL. The volume has so far increased by galloping rate. All fair and reasonable before ASX I hope. Should have bought on 10 Jan instead of waiting for a week. But still I am happy with my buy and if collapses, hope there will be many more with me to go south. So why worry Miner, Be Happy.I will be happy to be critiqued / advised by fellow ASF readers, if the trend I have looked and based on coking coal prospect along is too ambitious
Volume Increased date
in vol since
10 Jan
5,155,851 368% 17-Jan
3,575,741 225% 14-Jan
4,146,971 276% 13-Jan
2,835,400 157% 12-Jan
1,148,930 4% 11-Jan
1,101,750 0% 10-Jan
Miner
20th-January-2011, 08:42 PM
Great news today.
All happening side ways.
It is all about coking coal. Probably another RIV on the way. I made a great mistake assessing and then selling RIV at $4 :banghead: . But this time I will stop my temptation and try to hold tight my ZYL at least until the BFS from SRK Consulting comes out.
I have learnt from few of my colleagues here in ASF how meticulously and religioulsy they have held up good scrips and shared the good news for others.
So if you love coal and particularly coking coal - watch ZYL for medium to long term.
DYOR - I am a holder
hangseng
24th-January-2011, 10:48 AM
Sent you a PM Miner, not sure if I did it right so just have a check and let me know.
Seems a bit of interest of late and not a lot left on the sell side. Up 17% already not a bad start for a Monday.
Miner
24th-January-2011, 11:25 AM
Sent you a PM Miner, not sure if I did it right so just have a check and let me know.
Seems a bit of interest of late and not a lot left on the sell side. Up 17% already not a bad start for a Monday.
Thanks HS. Read the PM and responded.
For ZYL followers : what do you think on ZYL ?
I do not know for an insignificant scrip which says technology company but now dealing with coking coal (check RIV saga where now Rio will be challenged by combined bidders from India - all for coking coal) and the volume has gone more than 10 millions within couple of hours on Monday.
Delayed share price
Prices are delayed by at least 20 minutes. Retrieving any price indicates your acceptance of the Conditions.
Code Last % Chg Bid Offer Open High Low Vol
ZYL 0.105 11.7% 0.100 0.105 0.100 0.110 0.099 10,460,199
(Status - RE)
If any one is following this thread :
ZYL quoted in market at about 11 to 12 cents
It raised an IPO with an issue price of 20 cents.
do not get it.
Why should some one subscribte by paying 20 cents when it is available at 11 to 12 cents from market.:confused: