tipped3 Jul 2012 23:47
July Techinvest tips DDD twice in two seperate articles,one of which is as one of their second-half best buys.
"DDD released a very positive trading statement at its AGM on June 12 in which the 2D-to-3D technology conversion specialist revealed that revenues in the March quarter were 85% ahead year-on-year...The group continues to sign up plenty of licence deals,all likely to add to the escalating level of royalty payments over coming years.In our view,these are yet to be fully factored into the market's current valuation of the shares."
It gives DDD a risk rating of 7(where 1 is highly speculative and 10 is highly conservative and relatively risk-free).
Here is some of the second article - "...Demand for the TriDef 2D to 3D conversion products increased by 50%,with approximately 3.5 million units shipped.This brings the cumulative number of consumer devices shipped with TriDef 3D to more than 15 million units worldwide.Shipments by TV chip manufacturers grew 28% over the first quarter of 2011,while PC shipments grew 1,771% over the comparable period.
As part of the planned expansion into the emerging market for glasses-free 3D mobile devices,DDD recently signed two evaluation agreements for TriDef Mobile software with customers who are creating 3D reference designs for 3D smartphones and 3D tablet PCs.LG also launched its second generation Optimus 3D Max glasses-free smartphone in March,which uses DDD's TriDef Mobile Android software for 2D to 3D video conversion.The company said that it expects continued growth of the TriDef 3D technology licencing and Yabazam 3D content distribution businesses throughout the remainder of the year.