ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for monitor Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.

DRS Drs Data&Rsrch

19.50
0.00 (0.00%)
03 May 2024 - Closed
Delayed by 15 minutes
Drs Data&Rsrch Investors - DRS

Drs Data&Rsrch Investors - DRS

Share Name Share Symbol Market Stock Type
Drs Data&Rsrch DRS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 19.50 01:00:00
Open Price Low Price High Price Close Price Previous Close
19.50 19.50
more quote information »

Top Investor Posts

Top Posts
Posted at 21/7/2016 08:01 by value hound
AQA is a registered charity - but a competitor of DRS still. It turns over c.£150m and has £70m in net assets. DRS and its proprietary technology is a natural and neat fit for AQA.

In more normalised times when DRS isn't busy writing down the value of its assets, it makes an operating profit of around £1.3m. At the end of the year, the company had over £5m in net tangible assets, almost £2m of which was in cash. So add in a very small amount for the value of the ongoing business and you get to £9m / 27p per share - an amount very affordable for AQA and still below where the shares were three years ago.

Consider, too, that the Brighton family and another private investor own half the shares and that those shares were trading above where they now are just a year ago - so they're unlikely to accept a low-ball offer.

On the other hand, the shares were down around 10p when the interest by AQA was announced and they are bargain hunting.

On balance, therefore, my best guess is that the owners won't settle for anything less than c.23-24p. This would still be a great deal for AQA given the assets they'd be getting and the mainly free goodwill and technology. It wouldn't be a great deal for the owners - but would be just about fair overall.

Whether AQA will go to that level is the big question.
Posted at 11/1/2013 08:45 by cfro
The book finishes well tho IC2, so worth sticking with it. Not as good as the other three tho imo.

Good to see we are up this morning and extending the gains. Still only me and you here, so well off of investors radars.
Posted at 24/12/2012 18:07 by cfro
Me too thanks IC2. This thread is a bit dead and most investors away so no real interest today.
Posted at 20/2/2005 23:01 by tuffbet
one for the money

Simple change sof the type you and I have mentioned can make all the difference to the number of people prepared to trade shares and high numbers are the sign of a healthy market and vice versa .

I think the real problem is that the London Stock Exchange and the big institutional players are not at all interested in the smaller private investor . From time to time the make some small token gesture or concession which is not meaningfull but if you ask them why can't something simple like a clean and quick reporting of all trades be done you don't get a straight answer - its a similar situation to the banks getting away for years with taking 3 or 4 days to credit your account or effect an electronic transfer - everyone knows why they are doing it ,everyone knows it could be sorted immediately but the banks are too powerfull for the government and/.or the FSA so its status quo
Posted at 17/2/2005 14:05 by tuffbet
I don't think this consistent rise is election based .

I have been looking through the annual and interim reports along with statements from DRS and I think the recovery is based on the fact that there is now a general realisation that back in Nov 2004 the share price over-reacted on the downside. Finance directors don't always get their purchases right but in this case the fact that the finace director immediately took the opportunity to top up his holding to more than 400,000 shares suggests he thought that to .

DRS spent more than a million £s in 2004 developing their e-marker (R) products & services and are writing of that expenditure in 2004 . It what you might call a write off for the right reason ,ie ensuring sufficient capital is invested in ,what the management sees as an importaant growth area ,and not as is often the case particularly with larger companies , a write of on expenditure on some venture which in time proves to have been made largely to satisfy the CEO 's ego.

It's very encouraging that DRS has already benefited from that expenditure in that they recently secured a substantial order worth a minimum of £1,4 million from the Assessment and Qualifications Alliance (AQA). If you trawl through the history of expenditure vis a vis actual income/revenue return ( I am referring here to UK plc rather than DRS ) ,you will find that if the venture on which the expenditure has been made succeeds ,which all too often it doesn't, the income flow often dribbles in years later .

DRS has been around since 1969 -its not a new AIM float with an untried and barely tested management team . I believe investors ,who have a different agenda to day-traders, like to see the managers of their company planning ahead and not simply adopting the attitude that they can remain profitable with the same range of products that have served them well in the past.

One last point investors are probably very reasonably according premium ratings to companies which they have heard/read are developing or sometimes have announced that they are intending to develop, business with China.

I don't think its recognised at all that DRS are already there see

No one could claim that at this point in time DRS has a premium rating but if they secure more orders from their Chinese connection that could very easily change
Posted at 15/2/2005 23:25 by tuffbet
Doing a bit of searching round ADVFN and just noticed that DRS has appeared under the Toplists tag as a 4 week Price Breakout.
Looks very like the Financial Director knew what he was doing when he topped up his holding a few months ago .
Good luck to him I think every investor should want to see Directors having enough faith in what they are doing to take up substantial holdings .
Posted at 27/7/2004 15:57 by lafiamma
Morton cashes in ahead of buying opportunity
Published: 08:02 Tue 27 July 2004
By Patrick Sherwen, Deputy & Secret Buying Editor
Email to a friend | Printable Version


Shrewd private investor Bob Morton is cashing in his holdings in preparation for a buying opportunity he expects to come when consumers finally start to feel the pinch from interest rates.

In the last few months Morton has sold out of several companies including DRS Data Services (DRS), Microgen (MCGN) and Northern Recruitment (NRG) and newly floated Amino Technologies and Clearspeed Technology. Morton backed Clearspeed, a £36.5 million designer of microprocessors, before it came to the market on 21 July and has sold his shares already. He has not bought any shares since last year.


He believes the market is supported at the moment by the relative liquidity of the institutional investors but there needs to be an improvement in sentiment before the market will start to rise again.


However, he expects it to get worse before this happens and believes the trigger will be interest rates, which will puncture the consumer bubble. He said: 'I can't think of a good thing that will change sentiment for the better.'


He feels there are areas of the economy, linked to consumer spending, that have yet to suffer a downturn but believes that will not evade their fate altogether. The areas are banking, housing and retail and when these finally get their turn Morton predicts the market will panic, oversell and he wants to be able to take advantage. 'So you can imagine what I'm doing,' he said. 'I'm squirreling away cash. I'm putting my nuts away for a long hard winter.'


One company Morton still holds is Tenon (TNO), the accountancy group that announced the £9 million acquisition of two firms last week. Morton said he was very supportive of the firm in general and approved of two companies acquired. 'They're very complementary and adds to their strengths. They're not going to set the world alight but they look good and should be earnings enhancing.'


He also has stakes in Armour Group, BSoftB, Harrier, IS Solutions, London & Boston Investments and Planit Holdings among others.


©2004 Citywire

Anyone heard of this Bob Morton fella and what warrants him being described as a "shrewd" investor?

Cheers,

laf ;-?
Posted at 15/1/2004 12:19 by cockneyrebel
Happens a lot, same as the last markdown. MM's seem to take a couple of sells then mark down, same happens onm the up. They seem to hit harder ion the way down than up and hence pocket a packet as it goes on.

Loose holders sell as soon as they see a tick down and just exaccerbate it.

The smart investors grab the dip imo - I just buy and add on the dips - these could look mighty cheap come the results, especially for a company with 5 years solid earnings growth.

CR
Posted at 19/12/2003 12:59 by lafiamma
I think it's exactly that! Done to show current & potential investors that the only reason for the fall is simply the MMs moving the price around, as they're currently doing with a lot of AIM stocks!
Posted at 13/10/2003 12:59 by pippin
Bloody hell.

Found this one for myself. I see, penpont, about the Citywire comment, which has not exactly helped liquidity today.

Tried to buy a few. Screen price 48-51. One MM not interested in making a price in more than 10k. The other offered 10k at 51, or 25k at 53. I took the latter and the thing immediately got about five mark-ups.

They don't want any buyers, that's for sure. I don't think they have any stock or know where they can get some.

I used to watch this in the good old days of the tech boom. The company is really doing well now IMO and I agree with the above posters that the rating is way too low given the strength of the balance sheet, earnings growth and so on.

I am not a trader - I'm an investor!


The only real downside is the list of reprobates posting on this thread. Dil, me old mucker, still in there? And Cat too. Dear oh dear, and me getting in so much higher up than them!

Your Recent History

Delayed Upgrade Clock