Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
London South East prides itself on its community spirit, and in order to keep the chat section problem free, we ask all members to follow these simple rules. In these rules, we refer to ourselves as "we", "us", "our". The user of the website is referred to as "you" and "your".
By posting on our share chat boards you are agreeing to the following:
The IP address of all posts is recorded to aid in enforcing these conditions. As a user you agree to any information you have entered being stored in a database. You agree that we have the right to remove, edit, move or close any topic or board at any time should we see fit. You agree that we have the right to remove any post without notice. You agree that we have the right to suspend your account without notice.
Please note some users may not behave properly and may post content that is misleading, untrue or offensive.
It is not possible for us to fully monitor all content all of the time but where we have actually received notice of any content that is potentially misleading, untrue, offensive, unlawful, infringes third party rights or is potentially in breach of these terms and conditions, then we will review such content, decide whether to remove it from this website and act accordingly.
Premium Members are members that have a premium subscription with London South East. You can subscribe here.
London South East does not endorse such members, and posts should not be construed as advice and represent the opinions of the authors, not those of London South East Ltd, or its affiliates.
For a so called "world leading" company in its field to have a market value of £3.5 million is quite frankly ridiculous. No sign of any predicted turnaround yet despite all the positive noises. Why does the s.p. continue to slide ? I don't have an answer , can anyone out there offer an explanation?
I think there are other revenues in the pipeline aside from digital luggage. The following from the half yearly's: "At the end of June 2014 the business had confirmed orders from customers but not yet delivered of £12.5 million compared with £9.8 million at 30 June 2013, an increase of 27.6%, demonstrating the progress that the business has made in the first half of the year. These orders will start to be delivered during the second half of 2014 and into 2015.".
Anyone aware of any news? All gone very quiet. Where are we with digital luggage tags etc?
just before the price rises :)
when would be a good time to buy?
http://www.digitallook.com/cgi-bin/dlmedia/security.cgi?username=&ac=&csi=11618 say forward PE of 9 - that's superb!
Slowly slowly catches the monkey.... news to come on multiple fronts and if the company begins landing a few decent contracts it will see double figures in no time at all. It ticks up on <100k in buys.
Less of the plodding and more of the galloping is what we want !
plodding along quite nicely here....
Once I'm back next week :)
Yup
Well done. Good choice. Captain Falconer was happy to buy a lot higher, solid prospects with a diverse business.
Very difficult to judge. As far as the land at Blackheath is concerned it will all depend on the review and what if anything the company will be allowed to develop there.Although not a huge parcel of land it is nevertheless valuable and probably increasing in value all of the time.Any development is likely to face strong local opposition though so nothing is certain. Newcastle property once let out will add useful income and I see this as a priority . Management ,understandably want to concentrate on growing the business and not be diverted by peripheral issues. Two Agents are marketing the property and I would think that a successful outcome would raise the s.p. by say 1.0 to 1.5p I could be way out however. Blackheath is another deal altogether. In the best case scenario you could build a handful of executive homes selling for a million pounds plus each! As I live in the North perhaps someone familiar with Blackheath could give a far more realistic figure of house numbers and values.Success could mean a rise in the s.p. and the possibility of a special Dividend. AIMHI BtB
A genuine thanks for the messages of good luck etc re my holding. Just to even things up so to speak and to prove I have no special investment expertise I was the victim of a Boiler Room scam in 2003 and was stung for £30k. My fault entirely ,the Companies existed but no certificates ever received and the Broker just vanished into thin air.All efforts to recover my money and believe me I tried failed. I notice that we have nudged up another 0.25 on the Bid, my advice to those still deciding whether or not to invest should not hang around too long certainly not to wait till after the Interims AIMHO GLA BtB
You basing that 1% on 69M? You may need to declare it formally? Good luck, should do well.
Bitethebull - ah that explains it. Holding 1% of a company is impressive - you could end up becoming a millionaire if all goes well. Good luck to you! HappyTom - Check out my posts on the 17th June. I have done a fair bit of research into this so I know lots of airlines are looking into this sort of thing. Unfortunately I also know that DSN has competition too though so ... Jolly - nice to see you're in. Let me know if you build your position further. Riddler - As am I. Likewise, let me know if / when you buy in
For some reason I have never sold a single share in this Company, loyalty perhaps or just a gut feeling that some day its true value will be reflected in the s.p.. Yes I am sitting on a paper loss but I now have a holding equivalent to over 1% of the Company hence the reason for my average being reduced so significantly. The Divis and the substantial payout when Evervision was sold have helped mitigate the 'losses'. What has reinforced my opinion on how the future lies has been some verbal and written correspondence with Grahame Falconer CEO who although constrained by 'insider dealing' restrictions on what he can say gave the very clear indication that the Company was in a strong position and that everyone was working flat out promoting the new products.. For instance they were talking to a number of airlines re digital baggage tags and that Densipaper had a number of possible applications in the marketplace they were exploring. Nothing can be guaranteed when investing in shares least of all Aim but this is world class Company selling world class products and to my mind it does not get better than that. One day soon the market will sit up and take notice. BtB
Bag tags are not a dead cert, but looking very positive - and not just for BA - other airlines are also looking at this type of technology, so if we break into it then there are avenues to follow. Densipaper at the moment is dependant on uptake from advertising providers, I expect an announcement regarding trials and negotiations at the beginning of August, I wouldn't like to second guess what will be said regarding time scales as the company has kept it pretty close to their chest. The board know what they are doing, I will say that. I know some of them personally and through prior business dealings back in the dot com times, and I'm well acquainted with one of the larger customers who is currently in the process of rolling out some large advertising displays across the UK, they look very impressive and seem to stand up to the rigours of Scottish weather which is a good sign! We hit hard times after 2000, but to be honest that was more to do with the price being over-inflated because of the sector at the time than through anything that the company did directly wrong. We have done well to weather the storm since then and keep operating and even paying dividends until this year. The August announcement should have something to say that we are now approaching business as usual. If it does, the price will probably rise significantly, but personally I would take the risk of missing out on a the initial benefit and hold off investing until it is more certain. Happy
roughly breakeven...feels a bit binary this one lol
Bitethebull, you must have researched this company to bits I'm sure. Happy tom it sounds like you have too. So could you give me your thoughts on the business itself and the prospects of densipaper etc? Because I'd like to know more before investing, and it'd help me sleep easy if I knew there was enough going for DSN so that - if BA do not use DSN's bag tags - it's still a decent investment. Btw - Bitethebull - I feel for you investing during the dot com boom. And to think I was unlucky to have started investing in October 2013 (5 mins before the end of the party but in time for this slump). Well done for averaging down like crazy though, that's really impressive!!
Blimey, I thought I was the only one sitting on big losses here, but my average is down to about 10p - I feel your pain! Not fussed though, I still believe in this, else I'd have been out years ago. Bag tags and Densipaper have a real potential, and I look forward to the results. Its a shame that we got hammered down to a value at which the leases became significant, but it looks like that is resolved now, so back to focusing on growing the business.
Super high risk - super high reward ? Been here since 2000 , Original purchase 750 shares @ FIVE POUNDS FORTY PENCE EACH !!! ( height of tech bubble ) Have managed over the years to average down to about 11p with now a substantial holding. It has been quite a ride but I now feel more confident in the Company's fortunes than for many years. Some interesting and potentially profitable new products and only positive future outcomes for the two property issues - Newcastle and Blackheath should help the s.p. with a prediction of 10p by year - end. Let's hope for a more a detailed account of sales and income growth when the Interims are published rather than the one liner issued at the AGM AIMHO GLA BtB
Let me know if you buy in JS - I take it you're invested here? Riddler - Are you? I may be joining you soon, albeit with a very small amount due this being super high risk
still risky of course...with balance sheet not that strong ..GLA
yep...looks good! may have a buy! interims due end of Aug "I am pleased to report that a number of the projects being worked on during 2013 have now come to fruition. Together with an increase in the core business this has given rise to a 14% increase in the orders booked and a 35% increase in the orderbook compared to the first 5 months of 2013." very interesting!