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have you got your cart ready?

It's the market scpticism over the turnaround that's created this opportunity in the first place, Jolly. Like some scepticism is justified (I'm a little sceptical) but the market is clearly TOO spectical.

138 138 138 How's that, Scarlett?

I'm not sure whether to be disappointed by the recent drop or pleased that the fall may continue to a level where I'll increase my holding two- or three-fold (for a v LT hold)

Ah I didn't realise that. Thanks for the heads up. Btw CNKS have just been appointed by Essenden (ESS)! http://www.lse.co.uk/share-regulatory-news.asp?shareprice=ESS&ArticleCode=t6o7ktrh&ArticleHeadline=Change_in_NOMAD_and_Broker

To counter the last point: 1) Sometimes people don’t realise the ingenuity of something until they use it – this happened at work. We all had one screen, when we were told we’d be getting two screens many people said ‘How unnecessary, I like things as they are’, then once everyone got two screens everyone quickly said how brilliant it is to have two screens. I’m sure people said similar things about the internet or facebook etc because it existing. Doesn’t mean those naysayers won’t come on board. 2) Even if the electronic bag tag isn’t needed, it sort of doesn’t matter because it’s clear many airlines see it as a problem that needs fixing and they’re the ones who matter. To counter the first point: Air-France’s technology has not even been trialed yet, it’s linked to their frequent flyer programme only (which severely limits the number of customers this eTag will be available to), no airline has the infrastructure in place for this system to work yet (http://skift.com/2014/04/02/3-new-ways-airports-are-using-technology-to-better-track-luggage/#), and their system definitely is not free. Summary: This technology in general improves customer experience by quickening up the checking-in process and it helps prevent bags from getting lost I presume. It is clearly the future. About DSN specifically – I’m concerned about whether their technology is superior to their peers and, until this is trailed on a much larger scale, I don’t see how we can know whether the technology is safe, secure, and problem-free. Having said all that DSN’s electron bag tag must clearly work for BA to trail it and praise it as the way forward, and that speaks volumes! The fact BA have already earmarked money towards this sort of thing is also very encouraging so, considering BA have already begun trailing it, DSN could potentially be sitting on a gold mine. Even if they’re not it clearly wouldn’t take much (a rumour, a further trail, etc) to drive the share price up significantly. Therefore I intend to research DSN further and, providing I don’t find anything catastrophic, I plan to invest here in the coming months. Strong Speculative Buy.

Clogheen, Thanks for posting that link. It's triggered my interest in this share, along with the fact that both jolly & yourself like it (and I consider you both to be far better investors than I am). Funnily enough I did some research into this recently without even meaning to. I went on an insurance trip to Birmingham airport where they said bags won't be lost with them because they had started using electronic bag tags! Anyway I've done some further research and this is what I've found out: How it works & good points: - DSN's electronic bag tags are remarkable easy to use (you just need to hold the phone over the bag), they can be used multiple times over a 5 year period - The electronic bag tags also allow you to track your bag’s location - The electronic bag tag is “compatible with all smart phones” ….(more on this in a moment) - British Airways estimates the new electronic bag tag will cut baggage drop off times from 3 minutes to 35 seconds (80% faster). It will therefore presumably cut down check in times considerably, which is great for an airline because it probably means they can fit more flights in. - British Airways said how it dramatically improves the customer experience – making it smoother, quicker, and easier - British Airways plan to spend £5bn from 2013 – 2018 on various new things including new technologies to improve customers’ experience of flying with them. - Quantas developed their own electronic tag in 2010 but, due to its design, it has very limited use (can only be used in Australia). Denistron’s technology is clearly superior in this instance. Bad points / potential problems: - Air France-KLM have developed their own technology in this field where customers can book their tickets online and then, using their “eTag”, just leave their bags at a drop off point. So there’s clearly some decent competition out there which means either BA doesn’t use DSN or, at the least, it ruins DSN’s pricing and margins in this way. - (I said more on smart phones later and here it is…) what about those without a smart phone? (or the visually impaired for that matter)? - They say it’s compatible with all smart phones yet the trial in October/November 2013 used Microsoft phones – why not do a trial with iPhones when that’s clearly the most commonly used smart phone model? - How secure is the data held by the electronic bag tag? Could it be hacked in any way? - DSN’s technology has only been trailed thus far so there’s presumably going to be some teething problems – but I’d love to proven wrong here! - Will airlines charge for this service? I can’t work out whether they will or not but that could impact on this technology’s usage. - Some people have said that this technology isn’t needed / it’s fixing a non-existent problem. (Continued

Sorry but you've totally lost me there, mate. Come again?

when would be a good time to do so, do you think? And what do you think are the chances of another profit warning between now and the HY results?

That certainly will keep me busy haha! Just quickly, jolly, a quick comment on some of those picks where I've looked at them previously: CAMK - are you bullish on these chinese shares? I've really gone off them because the market clearly does not trust them one iota DSN - cracking little share but I want to do more research into electronic bag tags (why there's a demand for them etc?) NTQ - looks good EME - ditto, but I suffer from not-buying-at-7p remorse there HSP - I spotted this one too, but yeah it's coal and UK Coal is coming to an end etc. Probs worth more research tho cos v cheap on the multiples SAL - I've looking to get in for a while. Could do with some help re: timing ?? THAL - been meaning to give this a look for a while so you'll probably see me on that bb soon! Thanks for the tips mate :)

I noticed that myself. That they've somehow made out Rev and Profit have gone up when actually they're down on last year. Shurely shome mishtake, no? I know they say they've restated the 2013 (clearly downwards) but nevertheless that's v odd

Blue, Thanks - I appreciate the comment. Yeah the results are a bit of a dog's dinner. Bit like your initial comment haha ;-) Will give STGR a look but don't get offended if I don't buy in - I've lost a lot of confidence lately so I'm unlikely to part with my cash in a hurry! VBR Dan

Hey FearfulGreedy, what makes you say that?

what's mad cheap at the moment and thus worth researching?

Thanks for the kind words - I appreciate the sentiment.

Correction: those rev & EBIT figures were for H2 of course - clearly below H1's £3.22m and £457k figures (which, as explained, seemed so conservative at the time).

I just don't get it. How was revenue (£2.67m) and EBIT (£398k) so far below even our most conservative expectations? The HY report was so positive - all parts of the business were growing and it showed, and that wasn't even including 25%-REDT-owned Linx nor the new contract with another blue chip insurance company. So I'm just as baffled as you are. These results were really poor and I don't think there was any way we could have saw this coming considering the minimal investor communication from this company. So much for being the dark horse of 2014, eh? haha

The FY results are thoroughly disappointing so I've sold for a 13-14% loss. Yet another investing mistake!

The new Allenby Capital research note on SyQic could have been written by me – honestly the 2014 revenue estimate (£9.2m) and total trade receivable (£4.0m) exactly match what I said the other day. Likewise they echo what I said about PTNP paying SyQic what they owe at a faster rate to be a good thing of course! http://www.allenbycapital.com/research/syqic130614.pdf What’s interesting is that they’ve dramatically altered their target price because, for the first time, they’ve taken into account the large trade receivable. They said that their price target is 115p to 154p (mid price is 135p) but, taking into account the admittedly large trade receivable, they’ve lowered their target to a strangely precise 92p. This new target is over 50% above the current price but obviously, as the trade receivable is repaid, Allenby’s target will adjust upwards back toward 135p – close to my target of 145p ish. Longer term, as SyQic becomes less reliant on the Telcos thanks to adopting the new OTT business model, SyQic will be easily be worth 200p so this a great time to buy because this will multibag over time. I don’t mean to sound like a ramper but I’ve done my research and I genuinely believe this company is a gem. Conclusion: This is a strong buy for a proper investment or a short term trade and I’m going with the former because I think it’ll prove to be far more profitable than exiting sub 100p etc!

Well-respected small cap analyst has said that, based on the IPO price, this look expensive & that it's heavily based on expectations for future growth & Philip Green's involvement. Paul Scott, who was once offered a job from Green apparently, says his involvement is a double-edged sword. He also went on google and found many negative reviews which he saw as evidence that the company is growing too fast, at the expense of customer satisfaction. On the other hand, regarding the last point, I know what people are like - people are far more likely to write a review if they have something negative to say than otherwise and thus it skews a product/services's perceived popularity. So I'd take the last criticism with a huge pinch of salt. http://www.stockopedia.com/content/small-cap-value-report-16-jun-2014-flyb-beg-cbuy-ubi-mysl-84040/#sthash.9qi25OGE.dpuf