Member Info for SonnyBurnett

So far they have announced deals at Cannes worth £7,5m in revenue for DQE and it looks like more could be coming... The gross value of the co-production and licensing deals agreed is approximately US$48m (INR 2880m), of which circa US$12.8m (INR 768m) is revenue expected to be accrued to DQE over the current fiscal year and the next, subject to milestones. Tapaas Chakravarti CEO of DQ Entertainment said "Response to our productions from global broadcasters has been very encouraging this MIPTV. Several strategic licensing agreements have been concluded and there are several others in the pipeline" http://goo.gl/tkrUI3 Current market cap: £9,7m. Unbelievable...

Is up 11% at 36. UK should also now be trading close to 36p. Results are close now, last year results were on 31 May.

Volcano, I was trying to point out to you that Paul Scott wrote similar $hit about QPP, yet the share price went sky high. You said that you have been picking losers for 15 years now. Don't you think that it's now safe to say that after picking losers for 15 years that investing in individual stocks is not for you? Especially foreign companies with currency risk because you seem to have a hard time understanding what that means for a company such as DQE even after I explained it. You have been going mental on almost every 2/3% drop during the last month. Investing in an illiquid stock such as DQE can cause paper losses of 30/50% in a matter of weeks. It can also go sky high on low volume. Not every investor can handle such violent swings. Why not invest in funds? It would save you time and stress while still being invested in a lot of different companies.

The guy is an ass! Investors who buy or sell shares based on advice from an accountant will never get rich! ; )

Read his 7 May 2013 article on Quindell price was around 7/8p http://www.stockopedia.com/content/small-cap-report-7-may-qpp-snx-cap-kbc-73071/ Fast forward almost one year. Price up to 43p! http://www.lse.co.uk/ShareChart.asp?sharechart=QPP&share=quindell Paul Scott is a real Warren Buffet alright.... lol

There is nothing that Allenby or the DQE can do about this. As I said before there is a difference between a good company and a good stock. DQE management cannot control the share price. Because there is only a small number of shares not in the hands of major holders, all that is left is a greedy MM, a crappy article from Paul Scott and a couple of spooked private investors to get the share price to tank.

The stockopedia report is a piece of crap. That guy wrote about DQE before where he used the exact same "work of fiction" term. He tries to damage DQE by suggesting things like "totally fictitious sale" and "a connected party who has agreed to help a company boost their profits by rendering them with a fictitious invoice." He then says: "I think the market cap of £12.5m is about £12.5m too high, and award this share my strongest level of bargepole warning." Followed by: "I would reconsider that once they have got Debtors down to say 90 days, and when cashflow has more or less equalised with profits, and sustainable dividends are being paid." That doesn't make any sense, first he says that at £12,5 million he thinks the market cap is £12,5 million too high, but then says he will consider buying shares when debtor days are down and cashflow equals profits......? ...Profits?...Again total BS because he thinks their profits are a "work of fiction" with fake invoices and profit figures. Yeah, that makes sense... Do you think he's contacted the company to get some answers? I don't think so. Because he has done this before I'm willing to bet £500 that he's buying shares after trashing them, selling them into q4 results and repeating the same stuff next year. (In my opinion). It looks like this guy knows nothing about investing in the film industry because he hasn't got a clue about how revenue/receivables recognition and payments work in the film industry. I'm going to send that piece of $hit article to DQE investor relations.

Several shows are listed in both ongoing and completed. Lassie, Robin Hood and Lanfeust. You were talking about Lassie right? As for the $75 million orderbook at 31 December and the $ 100 million mentioned in the CNBC interview. I think it was a "slip of the tongue". The feeling you say you have about "major deals in the offing" imo it could be we are about to see deals come out via RNS worth $25 million to match the number in the results with the number mentioned in the interview, and that the $25 million has something to do with the newly formed On Entertainment Group (Method Animation). Q3 was poor due to the invoicing so I'm not worried there, in fact it should make Q4 look even better. At least they got Jungle Book season 2 out on schedule. Just my opinion.... ; ) Still can't believe how this can be valued at only £12/13 million. I'm expecting a volatile week.

Nine months ended 31.12.13 Ebidta up 37% Profit before tax up 99,7% Profit after tax up over 100%

http://goo.gl/Ifs7mL

Thanks. I agree, huge discount to India and still nowhere near the Allenby target price.

Disco, Interest rates are very high in India. Better to pay off high interest debt than paying a dividend imo. I think results are going to be pretty good and I'm also expecting a nice outlook from Tapaas for the next couple of months.

Discopablo, I'm pretty sure it was a buy, because the 4000 share buy order that followed was mine. Two bloody minutes.... had to pay an extra £20. ; ) Got an email alert that said results are on Friday 14 Feb. (Here & now, you got the same date?) Fingers crossed!

Are you serious?..... Read my Saturday 16:43 post!

Re: Scale of operations/employees, Check this video: http://www.youtube.com/watch?v=M7-AzQMMUkI IMO, at £13M, it's undervalued. As for Tapaas, I think he is the right man, together with the rest of the DQE management team they are able to close production and licensing deals with some of the best studios/companies in the world. Unfortunately, there is a difference between a good company and a good stock. With some companies, the CEO or the entire management don't seem to care that much about the daily share price movements because they are busy building and growing the business. (Long term value creation) The CEO owns a LOT of DQE shares, which imo is a good sign. I think that the share price will catch up with fundamentals at some point. Don't know how long we have to wait, that's why I would prefer an offer for the company. Still, with only 56M outstanding shares, most shares held by major holders, a weak rupee, results coming up and more shows that will be released in the coming months..... I'm not selling my shares @24p...no way!

Even though we own 75% of DQE India, i think there is also a big difference between Indian and UK investors. How they look at the company but also the difference between short term traders and long term investors in India vs the UK. Also Indian exchange is at record high so DQE India was lagging when looking at the rise in the BSE. http://goo.gl/5kIoGM

I don't think an offer of 80/100p is asking too much based on revenue and profit. The 280p from my below post was from the Motley Fool article and was about the value since the Indian IPO, because of major interest back then, the Indian share price shot up after IPO and the UK shares should have gone up to 280p back then when calculating Indian value to the UK company. You are right about the dollars and rupees. Most company costs are in rupees and they collect most of the revenue in dollars, euros and other currencies. The weaker the rupee, the better for us shareholders. As for the Indian/UK share price. Sure they are related, but to quote John Maynard Keynes: "Markets can remain irrational longer than you can remain solvent." But who knows, a Jungle Book or Peter Pan movie deal could see this shoot up to 80p fast, because most shares are held by major holders. Still like to see an offer. Been in DQE for such a long time, it's not even funny anymore.... ;-)

There was also a huge difference in price back in 2010. "Valuation - 75% stake in Indian subsidiary (DQEI) worth approximately £101.7m in comparison to DQE’s $42.8m market cap OR 2.38 times. Implied value per DQE share c.280p" http://boards.fool.co.uk/dq-entertainment-dqe-8211-jungle-book-pet-11976541.aspx IMO, a buyout would be the best option for shareholders. Years have gone by and the share price has only dropped during that time. Just look at the graph since 2007... http://goo.gl/l6joXL I'm hoping that at some point Disney (or another studio) makes an offer for the company. I would be happy with 80/100p per share offer.

http://goo.gl/R4vbPW

LOL