Chris Heminway, Exec-Chair at Time To ACT, explains why now is the right time for the Group to IPO. Watch the video here.
The big difference being - these are additional lines of business and income, which will be on top of the core profitable GIS business as per their recent accounts submission. Yes, it’s frustrating/ disappointing that they seem to have dragged on for an age without visible progress since being announced, but unlike most aim businesses this doesn’t result in continual dilution and funding rounds as the core business is making good profits
Every time i’ve put a limit order on it’s gone back up - so I guess I should keep doing it!
Not adverse to this (and will make both trading and volume on shares a lot easier) - as long as suitably valued at the time. Right now it would seem that there is the possibility of getting the double boost to share price of HH and Brockham in next 2-3 months - if DOR can track the other participants of course and not fester away on other side of planet!
It will be interesting to see what’s happening - I hope for something good but can’t help fearing another back injury for DOR shareholders
Sorry, not sure I agree this is a jam tomorrow share. Look over past 12 months RNS and you can see it is a growing profit making / dividend paying company, in sharp contrast to most on AIM. Yes, I share frustrations that the further developments for Synergis and Far East trade centre seem to have not progressed in timescales might have expected when first announced but these are extras to a solid core rather than developments that are propping up a bloated share price. Company valued at 12-13m right now. Profit for fy 17-18 likely to be 2m and there is c 5m cash in hand. I suspect the share price drop is down to one individual selling significant number of shares whilst not enough market interest to hoover them up rather than anything else. There is a good chance that share price will recover significantly when final accounts released or some definitive progress on developments known.
I hope you are right, but it has been ‘coming soon’ with a pre apply button on website for last year...
Forgot to say - to transfer there is a form on the ii website to fill in and print out so you will be able to transfer
Hi
My transfer has gone through now (after a bit of chasing / false starts admittedly). Can’t comment on ii reviews but have done a couple of U.K. trades and all is fine and slightly cheaper than my current broker per trade. To note though - there are account fees of £22 a quarter (which you get back as ‘free trades’ so you only actually pay if you are not buying or sellin anything). Their customer services were helpful too when chasing the transfer.
For Dor - these have appeared correctly in my account and ready to go - first time in 2 years not at zero value!!It’s by limit orders only for Australia’s (something to do with exchange rates supposedly) - haven’t done any trades yet but if and when I do will post on here as to experience. Hopefully with the rising tide on other wield players Dor will catch on also - valued under 4m currently and with interests in HH and Brockham there is the chance of a double whammy with the flow tests and roclham works (if SCC ever get out of be way!)
I think HL. Are more expensive as they don’t trade direct in Aus rather through a third party
Open an account with ii - £20 to trade (reduced to £16 for first 3 months). You can do it all online (note only via limit orders)
Market sensitive information? Speculation certainly but given the company’s stated policy on dividends, the fact that maiden dividend was paid in mid year and company is profit making its not exactly a stretch. Personally I am not so sure one will be paid at end of year, but more than happy to stand corrected when we get there!
Maybe - that�s what I thought with the 125p placement a few years ago - except price never went lower than around 170p and actually up to around 250p before the calamitous decline. I�m not saying it won�t happen especially given previous failures but it�s by no means a certainty
3m ebidta My expectation is a net profit somewhere around 1.8-2.2million when accounts are released. Either way though, current sp doesn�t reflect this - barring unexpected issues, at some point this year interest will rise in Oct and share price will reflect hopefully.
I’ve plenty of shares already but if it goes much lower then will be buying some more - take the 5m cash out and the company is valued at 8m for 2m annual profit?!
Website appears to have been updated recently - now has 0800 number and chat options - are they finally preparing to launch the bond?
They are tweeting daily so there is someone working there. It has been an absolute age to launch it and poor to have a ‘coming soon’ for so long - I thought for new tax year but now 5 weeks in. Imagine if you’d pre-applied for it!
At the higher end of my expectations for earnings, and highly likely to be above for net profit. 5m in the bank as expected. A little woolly on the bond and HK progress - both seem to have been due updates shortly for a fair while now. Overall pretty happy with update though - hopefully this will kickstart the next push upwards to higher highs
Interactive investor iii.co.uk
Sent the forms off yesterday so will advise how I get on.
I had an update from my existing broker that they will not trade DOR for me anymore. - a big disappointment as I was hoping for at least an option via phone. I�ve signed up with iii and can already see that trading Dor here is possible online - �16 on the introductory rate for next 3 months then �20 after that. Now just need to transfer my holding across and will be ready to go.
One would hope that they get this launched ASAP in new tax year - hopefully tomorrow but if not then , then soon. I see that the twitter feed has linked to an interview with John Gunn saying there�s been plenty of interest (he would say that though I guess) so sooner it is out the better. Also, trading statement will be interesting. I am expecting end year to show 6-6.5 million turnover and 1.8 to 2.2 million profit. Add on the 5m sitting in the bank and 14m mid cap looks far too low - but on aim you never know.