Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
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If the cap fits then wear it...LOL
Oh and by the way, facial recognition is now being used in Chinese supermarkets for verifying identity. Not DGB but Alibaba, the Chinese Ebay.
Why do I feel it is very strange to see a blogger constantly promoting a certain business that by any measure of investment quality is likely to lose money and is the only stock he /she mentions. I know of many posters who are paid to promote certain stocks and often work in a team echoing each others positive posts and shouting down a contrary view. I also know of other sad posters who fell for a story a few years ago, paid a much higher price than today and are looking for a bigger fool to sell their shares to. I'm not altruistic, my only motive is to pay no more than the price I think is fair based on known facts not a meaningless hope that because the price was 200p 4yrs ago it will get back to that soon, at least 4 times as many shares in circulation now. This board is for discussion and my view is as valid as any other. Just saying.
Why do I feel it is very strange to see a blogger constantly attacking a certain business that he is not invested in. I personally know of no one who is that altruistic and would waste their valuable time doing that. That is of course unless there is some ulterior motive like...................just saying.
As we approach the inevitable publication of the delayed year end results, some might try to pump up the volume. Why would they? Maybe they are paid to type stuff about DGB; maybe they are just ordinary investors who regret buying here as DGB consistently lose money and have to raise more capital; maybe they just want to share the news about how great DGB is. Really? There isn't any good news. If there was any material change to the company's situation then it must be published, it can't be held back it's the law. So a distinct risk of the accounts showing less cash than the £3M left at the interims and probably a fund raising. Hang onto your money, too risky.
55,505 trade today not a O trade but an OK trade (Late trade as requested).
The 40,000 trades shown on here from last Friday was actually an OK designated trade (Late trade as requested) and not just and O Ordinary trade. More attempted deception.
Nearly all recent sells have been displayed as buys. Many delayed trades and bargain deals to cover up their dodgy transactions..It's the AIM here and this is just 'par for the course' when MM's are stocking up for their friends in the shadows. This business will go from strength to strength with much global exposure over recent weeks. Year accounts due next month, and then all will be revealed. OMO as always.
The deal of 4000 shares at 16.08 yesterday was a BUY not a SELL, that was me topping up before any results in September. I wish this site would get its facts correct for once.
Their still running it this morning. Positive exposure, although the overall message from the article is that the technology needs controlling.
Their still running it this morning. Positive exposure, although the overall message from the article is that the technology needs controlling.
Interesting... DGB facial rec technology featured on tonight's Sky News and on Sky News home page under story "facial recognition, scary or safe"
Just read about the situation at Telit with their CEO resigning. An interesting quote from Paul Scott on Stocko "What fascinates me is how many investors (Institutions, just as much as PIs) will believe what they want to believe. So, you often see bulls strongly defend a stock, and buy more, even when presented with irrefutable evidence that something is badly wrong." Makes me think.
Hi Kiwi, on the surface it seems Ok modest valuation, about £3m net cash 4% dividend, compares well with it's peers. Main downside is the cyclic nature of the business, but if you want a structural engineering company this could be it but prepare for a long term hold, not very liquid. SP dived 4 years ago, presumably on a profit warning with state of the economy, shame we didn't catch its recovery not sure how much room left for growth.
Looks interesting, I will look into it further asap. Thanks for the heads up.
Hello Rudolph, if that is true I would like to ask you your opinion on Billington BILN. I think that may be on your watch list if you haven't bought already
I only deal in shares which will provide a return sometime, I have shares which I've kept for 15 years, bought for 50p today 532p JIM also pay a 5% divi, SP up and down but always a steady divi. Bought more at £3.30 last year now worth £40k or Tristel TSTL doubled up on that from a year ago up £11.5k in just a year. Do good research and load up. I made mistakes, believing rampers on bulletin boards back in 2000 and buying all sorts of stories but gained a lot of experience now I can spot a loser a mile away. I don't accept that DGB will pay back medium term with this management, it may stop losing so much money but I need to see some evidence before I put money in. Institutions have bought the same story as PI's, made the mistake of not cutting their losses and bought into further fundraisings. As it drags on it seems to me that they don't want to put up any more, if they own 80% maybe we'll see new management, maybe a fire sale of their shares and a take over. 18 months ago I sold all my "losers", took out a subscription to Stockopedia and started listening to circle of investors who invest in companies where everyone wins, rather than only the cheats, liars and con-men. More importantly I learned how to see shares which were undervalued, which were over valued and which were valueless rubbish. Up to you mate but it takes two to make a market and I will keep posting the bear case to counter some of the wild bull that I read. In the long run it won't make any difference to the company, what will be will be. It will help, however, to keep the discussion honest. Good luck.
"Even so better fish to fry than DGB without having to wait months or IMHO another couple of years". This sentence of yours tells me two things 1) you accept that this business will produce in the medium term, and 2) you only deal in shares you know will provide you with returns in a very short time frame. Perhaps you will share one or two of them with us?, although I wonder why someone of such financial knowledge would spend time commenting on this business as it appears to you to be of little substance. Or could it be that some individual/'body would profit from the s.p not gaining traction at this particular time. Not long to go, results must be out be the end of next month; then we may see who is correct, numerous experts at a number of large institutions who hold 80% of the stock or yourself. I know who my money is on!..
An amusing thought to compare DGB with Amazon. I did try but most measurements are about earnings and cashflow and DGB doesn't even get in the ballpark. I'm sure you were illustrating how bullish the market is. Even so better fish to fry than DGB without having to wait months or IMHO another couple of years. There are many hefty gains in technology shares over the past year or two and even my boring income portfolio is showing a healthy profit not including divi. No need to take risks with a serial loser which needs a bigger fool to sell to at a profit. As you say we will see who is right, I imagine the institutions will come out unscathed, they usually do it's not their money.
Well Rudy we will see who is right over the next few months will we not?. If you are correct I can see a lot of dismissals coming at quite a number of massive Institutional Investor companies. By the way, look at Amazon and their balance sheet profit/loss accounts over the last few years.
research-tree dot com
Persimmon, you couldn't sound more patronising if you tried. You talk as if they were making lots of operating profit but investing it. They aren't. As stated in the last year end RNS Brimteck acquisition was financed by placing shares. They have made other placings as shown below over the years to cover acquisitions and losses but not once made an operating profit. year end 31/03/16 Revenue 21.1 M Cost of sales -10.6 ____ gross profit 10.5 Admin expenses -17.5 other expense -1.72 _____ Net profit -8.72M Previous years 2015-18.9M 2014-15.1M 2013-10.7M 2012-3.90M 2011-4.61M total operating loss -£61M Total of above losses total investing -43.47M Total investing spend total financing 114M Total from sale of new shares So please don't tell me fairy tales, feel free to give your take on the last six years lack of performance. It's going to take all your professional promotional skills to dress this up. Another opinion if you like- https://*********************/blogs/insights/digital-barriers-growing-market-great-ip-but-fragile-balance-sheet
With all respect Rudy I think you have an awful lot to learn about companies and how they operate. They have never made a profit (yet) because like all far seeing companies they are re-investing . Look back over the last few years and see how many acquisitions they have made, all to provide for greater profits when they appear. Patience is the key word here; as previously mentioned do you really think all those high profile II would be buying if they thought it was not going to provide them an income. Please do a lot more research. If you do you may come back with a different scenario. MM's just playing games at present.
You don't have to be an accountant to read their financial state. Go up the page to fundamentals and everything has brackets meaning negative. They've never made a profit. Re me shorting, I believe if a share is suspended you lose your money, not sure.. But I am sure about Persimmon being paid for pumping this up, he's only ever posted on here and he's certainly not here to make money. He judges me by his standards.
Still, we don't know why we haven't had results, are they loosing money as he claims and more important what is their financial situation re: working capital and cash resourses ?