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Hi there yes a near 30% spread is taking the p*ss a bit But then again I not got any intention of selling anyway Just did a dummy trade with HSBC and they where offering a ask price on 100k of 4.2p which is more like it Ok I know we have all had to put the champagne back in the fridge but our day will come Keep the faith
"Let the price drop Just means we can all get more for our money" They are only dropping the bid, not the ask. Look at the spread. too few shares in issue.
Let the price drop Just means we can all get more for our money. Been watching this company or years last time I sold some was for 16p which was not that long ago Then they had the problem and it just kept sliding Started buying again in feb so now have 400k av 4.72p hope to double that in the next few months Then it will be light blue touch paper and wait for lift off This is a great company great management great products And by this time next year a great big wedge of cash in the bank for those of us who have kept the faith.
The optimistic statement in the results could have been taken from any set of results over the last 10 years. Thesp is now falling back as iypt does after every results. The sp should be continuing its way lower.
Despite the challenges that were faced during 2013, the Board is confident that the Group can return to the growth performance that was demonstrated in recent years as the new technologies are delivered and the licensees are secured during 2014.
This is one thing DDD is never short of and they will be updating the market very soon on further developments.
Pretty good day considering and DDD firmly on the radar of a few more investors now that's for sure we even have our very own side show deramper which is nice. Surprised we never seen any directors buys today at these low levels but I am sure they will come unless they are still in a closed period pending an announcement of some kind??? Sky is still the limit here as DDD is certainly on the move and looking to move into new stages for the business. Exciting times ahead here.
I checked yesterday mate constant neg comments he his everything I detest about aim. I'm surprised he's not on the cicc bb cos that seems to attract them all
haystack, I checked your account. Have you ever had anything good or positive to say about anybody, ever? Seems not. Others may like to check his account, go to the members button, top right of this page, click, enter "haystack" in the box, press enter and read the unending scrolls of dire warnings, misery and pessimism.
Nothing changes. Poor results again. Cash of £1.5m as at Dec. That's probably just over £1m now due to continued losses. At their loss rate that will last to just beyond the next 6 months results. It looks like a company struggling to survive, but it has looked that way for ten years or more. The so should gradually slide back over the coming days. The recent hype has suckered in a few new punters who will be locked in by a falling price.
Looking good here!
Buys not showing up yet. Watch for the directors buying.
unless I am mistaken, looks like we are seeing BUY order lining up!! thought this may happen...the future will only be better from here for DDD
not many shares being sold, total volume so far less than 400k......less than my holding ;)..... I would not be surprised if we have buyers move in during the day (who understandably waited for results before jumping in...now that they see there are no negative surprises and a couple of minor positives).....
Results were as we expected, all the growth with the new licencing agreements and product developments will accrue this year, so look for a steep rise in the next half year statement. The Amazon deals will continue to propel this into the limelight and with director support in the market we should see a steady rise in the SP after the profit takers (remember to always sell on the rumour not the result) have skimmed their profit off. I have just had another limit deal matched at 4.72p for 211,864 shares for £10k. So meets my criteria to buy on weakness, top up at basement levels and hold on for the ride. Good Luck for others doing the same.
Again, Market Cap is way less that price of a house in Prime Central London....let's not lose sight if the fact that even at 8p DDD would be dirty cheap.... Great management team who have proven they can deliver and have clear direction on how to regain profitability...... The traders who bought in yesterday will have made a loss, in a soon as 3 months, DDD may be closer to 8p as increased license revenue could be announced by then...
DDD invariably display honesty. Results as anticipated from Feb trading update. Picture processing is their forte and when they allude to new licensees of streaming video for this current year, there should be little reason to doubt that they will deliver. The pipeline remains exciting, and with continued operations and enough cash to cover the next couple of years at current burn rates, then I see good reason to be confident of DDD's future expansion in high growth markets. Sure some daytraders will bale, but medium term the prospects remain positive. DYOR
Now I will be loading up at these prices. Spot the directors buys within the hour and see how many directors buys RNS we get today and the rest if this week.
Yeah I did realise this yesterday and done the obvious at 5.5p. I will build it up again today.
Unfortunately traders who bought yesterday for results wont see it that way and will likely sell on those figures not caring about anything else the share has going for it! Seen it too many times before :/
my take is that results were in line with expected, both in terms of revenue and in terms of adjusted losses. Not great, but we knew vie previous statement what was coming. As many here have concluded, DDD is still very much in the transition stage, there were a couple of positives where we saw bit more cash generated, costs cut but most importantly positioning DDD for a return to profitability, I have highlighted sections below from the RNS that support this: Only additional financial info that was not in Feb interim statement. Other income increased to $415,000 (2012: $79,000). The majority of other income is related to the Australian R&D incentive program which was unavailable to the Group in 2012 due to the timing of incentive program rule changes. The non-cash share-based incentive cost decreased to $426,000 (2012: $733,000). Details on TV Market and Shift to Mobile related devices: Of the markets that the Group is currently active in, the market for 3D consumer devices is the most mature. DisplaySearch, a leading market research firm for the consumer electronics space, reports that 3D TV shipments rose 8.3% to 45 million units in 2013, representing 20.6% of all TVs produced during 2013. DisplaySearch's market research suggests that 3D TV production will continue to grow, as Chinese TV manufacturers aggressively expand their 3D model ranges. In addition to licensing the core 2D to 3D conversion technology to TV chip makers, the Group has recently released its game and video 3D conversion solutions as downloadable software apps, targeted at the growing market for Smart TVs, particularly in China. The market for 3D smartphones and tablets is the next emerging consumer market, where the viewer is able to see the 3D image without the need for any special viewing glasses. Presently the growth is constrained by the availability of the new 'glasses-free' 3D displays however DisplaySearch forecasts that this market will grow to approximately 15 million units per year by 2017. The majority of the Group's new licensees are active in the emerging 3D tablet market. The 3D PC market is presently declining as a result of the general slow down in sales of PCs as consumers switch to tablet devices. While the Group has enjoyed a strong market share in the PC segment during 2009-2013 with over 3.6 million copies of its software shipped by OEMs, absent a turnaround in the fortunes of the PC market in general, the Group does not expect that the 3D PC market will contribute materially to future 3D technology licensing revenues. In the mobile device and tablet market, the Group completed development of the TriDef 3D gaming and TriDef 3D gallery applications for Android devices. The new applications will include a promotional version which will be made available for free in the Google Play app store to introduce the software at no risk for new users. A paid upgrade option is available that enables a fully featured up
Results are as expected and no surprises at all. DDD isn't about the results today it's about the products as the BoD. Watch the directors buying
The article itself is quite speculative, """Amazon (NASDAQ: AMZN ) could release a 3D smartphone later this year, according to a recent report in The Wall Street Journal. The device will reportedly display stereoscopic 3D images that can be viewed without 3D glasses.""""Yes, they COULD........ and it reportedly does something other phones already do, how interesting. In the event of a true rival, and I have not been convinced there is one yet, certainly we haven't seen it, the other companies will invest far more in promotion. Another quote, """""Some critics might think that an Amazon Phone is a doomed effort, but I firmly believe that it could actually be a game-changer in terms of e-commerce, mobile gaming, and the overall smartphone market.""""" Yes, it COULD be a game-changer, he has firm beliefs..... well OK, I have firm beliefs to, but there is no more evidence that his firm beliefs are more right than mine.
"Despite the challenges that were faced during 2013, the Board is confident that the Group can return to the growth performance that was demonstrated in recent years as the new technologies are delivered and the licensees are secured during 2014. " Another wait imo to next results / more info on streaming line of business.
Gross profit decreased by 60% to $3,361,000 (2012: $8,376,000) and gross margin increased to 99% (2012: 97%) as a result of the continued shift in revenue mix towards higher margin royalties.