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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| 3DM Worldwide | TDM | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
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|---|---|---|---|---|
| 0.00 | 0.00% | 5.19 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.19 | 5.19 |
| Top Posts |
|---|
Posted at 17/8/2007 18:40 by the sixpenny knight Well said Wendy. There are many new technologies which have eventually succeeded, unfortunately many of them have not brought the financial rewards originally expected by the investors. Profitable enough in the long term, but not super-profitable in the short term. I'm not sure I can afford to wait. |
Posted at 17/8/2007 15:01 by gemstar2 Howard, you are badly in error muddling up the 2 goatherdsOur goatherd sold all his TDM shares 2 months later The goatherd you quote states that he is a long term investor |
Posted at 17/8/2007 10:37 by tom howard goatherd - 3 May'05 - 12:09 - 11185 of 18242This is a report on my visit to the TDM facility in Wales on Wednesday. I signed a confidentiality agreement, and so am picking my words with care. If I get it wrong I hope some of you will visit me in prison! The visit was really technically orientated very little financial content although it was clear that all ten shareholders there thought that the prelims did not do the company justice. Some people say TDM is paranoid. As far as the technical and IP side is concerned this is with good reason. Let me give you an analogy. Suppose you invent a wonderful new way of cooking eggs "frying" this you patent. So then you start developing the idea. One day you are experimenting with adding fried bacon to the fried eggs. A visitor to your kitchen sees this, and decides to patent it for his own benefit. At the very best this will be an expensive time waster, at worst you may have to pay license fees in order to be able to sell fried bacon with fried eggs license fees for what was in fact your idea. This is, of course, similar to what happened between BPRG and SEO. TDM have excellent patent protection on the basic PIM process, but as they develop the process they make new innovative and patentable discoveries. It is extremely important to them [and us] that no one else patents these discoveries and thus hold TDM to ransom. This probably explains the limited number of shareholders that have been shown round. The company [or its brokers] need to be aware of the identity of people being shown round so that they can be sure the confidentiality agreements will be honoured. Many execution only internet broker clients are, of course, barely known to anyone. The building is well suited to house the alpha and beta, though I do not think it would house two alphas. The power supply is at present inadequate and is being augmented by a large generator. This appears to be down to the local power supplier whose responses are very slow. I thought that was purely a characteristic of Eastern Electricity but apparently not! The power requirement is very substantial, even though the ovens are gas fired. The loos were the cleanest I have ever seen in any factory always a sign of good management! Only filthy skylights [external] revealed that it is a refurbished building. The alpha dwarfs the beta in all respects. It is an immensely impressive piece of kit. Personally I would not like the task of selling a beta to anyone who has seen the alpha. Constructional standards are all one could wish for; the instrumentation is superb. The 400' long plant is operated by just three staff working at the end remote from the robots and they do not need to walk along the machine at all everything can be seen on cctv systems. The plant is designed for 24/7 operation with maintenance operations such as lubrication being fully automatic. It clearly has a minimum ten year life though I suspect will be run for longer. Unfortunately we did not see it running, but saw a robot filling moulds. The machine operating specification has been made very flexible for example temperatures can be much higher than would be required for basic ingredients, so that engineering grade plastics can be accommodated if necessary. This, of course, accounts for what some people are describing as a "cost overrun". The original customer for this machine was contracted to allow TDM 50% of the operating time for the first six months. However there were several problems with the site chosen by the licensee. The site was not in good condition, and was unsuitable in some respects, like the available power supply. Also the licensee was reluctant to allow extended testing on other prospective licensee's problems. [and security would have been an issue in some cases] This changed the game plan; and demand for prototyping and toll manufacturing was such that TDM wanted more than 50% of the capacity anyway. Therefore the plant now belongs to TDM, and has been financed. However in due course there is a licensee who will buy the existing alpha, even in its higher spec development state, for the full cost. This nicely illustrates that TDM is right at the start of a very high potential operation. Plans are bound to change as circumstances change and licensees can also change their objectives and can be much more dilatory than we would like. Some are not; they are impatient, but hopefully realise the importance of careful testing and commissioning. I find the way in which this technology and machine have been designed, developed and built in such a short time to be an enormous credit to the management responsible. OK. So I believe the technology is wonderful; but will it sell? Last year I made cost and profitability estimates [for fence panels inherently low value] which indicated a pay-back period to the licensee of under 12 months. My visit enabled me to verify some of my assumptions, and the figures are, if anything, better. When I plug some higher value products in, the pay-back is only a very few months. Once this becomes known to industry the demand, from anyone who has suitable markets, will look after itself. A pay-back of less than six months will excite any manufacturer. The ability to use waste materials is important in getting these very good pay-backs. However the system does not depend on them, it is should still be very profitable using virgin plastics; which may have to be used in some countries for consumer acceptability reasons. However the PIM process will make, as it is taken up, major inroads to the ever increasing waste disposal problem. I am sure that TDM will prosper mightily, and its shareholders with it. This is, however, from the viewpoint of a long term investor. What will happen in the trader's timescales is a mystery to me. Richard Dawson |
Posted at 16/8/2007 10:34 by bluebelle GiltsI completely agree with you about AIM : it is effectively unregulated in any meaningful sense, which is why US investors won't touch it. I have holdings in very few, 2 actually, AIM stocks now and invest in them only if they meet the same criteria as main market stocks, with the exception of the fact that 1. I look very closely at the previous careers of the Directors : it's amazing how many have run similar outfits before and are trying to get history to repeat itself (to their advantage rather than that of shareholders), or who have never run a public company and show no signs of being able to run their current one. 2. I pay very close attention to institutional holdings. Unless there are some blue chips holding - and I don't include Cornell or the University Pension scheme in that - I go no further. On the basis of TDM, I would also add that if I found that the company was being run by a lawyer I would avoid it like the plague. Salesmen sell. Lawyers litigate. I know which is more likely to deliver shareholder value. By the way, you presumably heard that in the US scientists are using lawyers for experiments instead of rats. Apparently lawyers are more plentiful than rats; the scientists themselves get less emotionally attached to lawyers than they do to rats, whilst they can get lawyers to do things that no self respecting rat would. |
Posted at 31/7/2007 15:36 by rochdale RNS Number:2304B3DM Worldwide PLC 31 July 2007 For immediate release: 31 July 2007 3DM Worldwide plc ("3DM" or the "Company") Proposed Equity Placing Further to the "Notice of EGM" announcement dated 30 July 2007, the board of 3DM is pleased to announce that the Company has entered into placing agreements with a number of new and existing shareholders to raise #2,800,000. Pursuant to these agreements the Company has agreed to issue a total of 57,377,049 new ordinary shares at a price of 4.88p ("the Placing Price") to certain institutional and other investors. These agreements are conditional upon approval by shareholders at an Extraordinary General meeting ("EGM"), announced yesterday, of all the necessary resolutions to enable the placing to proceed. The EGM is due to take place on 23 August 2007. The funds raised will be used to repay the outstanding debt due to Cornell Capital Partners Offshore LP ("Cornell") and to Montgomery Equity Partners LP ("Montgomery"). The remaining balance due to Cornell and Montgomery is repayable, unless previously converted into equity by 29 December 2007. It is the Company's intention that the amounts will be settled before that date but in any event, subject to the necessary approvals being granted at the EGM, no further conversions to equity by Cornell or Montgomery will occur and all of the outstanding debt will have been paid off by 29 December 2007. -ends - Enquiries: Company: Niall Mackay, C.E.O. Tel: 020 7692 7002 Evolution: Fergus Marcroft Tel: 020 7071 4300 Distributed by GTH Media Relations Tel: 020 7153 8035 This information is provided by RNS The company news service from the London Stock Exchange END IOERBMATMMBJBPR |
Posted at 31/7/2007 09:12 by wdurham grahambr -0.025p refers to the face value of the shares, not the price that might be paid for them as and when they are issued in exchange for cash. There are four separate issues in the EGM notice which require shareholder approval: 1. Increase the authorised share cap to 400 million shares with a nominal value of 2.5p each 2. Authorise the board to issue up to 112 million shares IN ADDITION to those for which they obtained authorisation at the recent AGM. (Anyone know how many that was? I have lost track...) 3. Disapplication of shareholder pre-emption rights - i.e. authorise the board to issue up to 112 million shares without offering them first to shareholders in proportion to their holdings. 4. Change the company name - though I would have thought something more imaginative could have been thought up? As I understand it, a small group of investors has been found that are willing to take out the Cornell indebtedness. In this situation, a rights issue is 99.9% unlikely. |
Posted at 06/7/2007 15:40 by chancer6 Just on renewed buying + charts. I'm just a trader with TDM and not an investor so I don't care the current situation with the company. |
Posted at 15/5/2007 06:51 by potem Quinnn : None save for the information given in the rns on the sale of Bedwas ("This negative consideration is in lieu of a 30 pct royalty payment on allEPT's revenue generated from the PIM process from the date of completion.") The lack of figures is part of the risk (IMO) of investing in small growth companies in their early years. Many of the go bust or fail to grow. I have been very careful to repeatedly point out that this could happen to TDM whose finances are more precarious than many. The bulletin boards are full of posts where posters challenge valuations on the basis there are no revenue figures. My portfolio contains (amongst other critera) investments based on peg ratios (eg jlf, sgi, ambr) and those of a more speculative nature (eg viy, ggg). VIY in particular has no figures to support its valuation, but I feel comfortable with my substantial investment there (without wanting to disclose my actual holding, suffice it to say I hold over 1m shares) although I am the first to admit it is not for widows and orphans. My TAN holding was in this category for a while, but is becoming more transparent. I have no doubt that many in 2005 said it was stupid to invest in a manufacturer of electic milk floats, though that was before my time. If figures were the only basis for investment no-one would ever invest in a mining exploration company. Very few of these ever get to production and none are supported by risk-averse investors. You can`t even begin to assess income until the drills let you know what is probably (I use the word advisedly) under the ground, yet they find funding. To return to your question: I expect revenues to be paifully small to start with but to have the ability to rise to considerabe amounts IF the product becomes accepted. The market is driven at the moment by companies wanting to demonstrate their green credentials and government pressure adds to this (particularly in the construction industry). Whether revenues grow quickly enough to allow TDM to survive is a very valid debating point. That is why the share price is as it is. It is at the level that investors are currently prepared to gamble (all investments are a gamble, it is a question of assessing the odds and I think the odds here are long - it is no more than a hunch). Although I have a reasonably large holding here it represents a small part of my gains this year alone in TAN. If I lose the lot it will at least reduce my CGT liabilities. I would not advise those who cannot afford to lose ALL of their investment that now is the time to invest in TDM. They should wait until your question can be answered with proper figures. |
Posted at 11/1/2007 06:40 by silent_angel 3DM Worldwide Loan FacilityRNS Number:4786W 3DM Worldwide PLC 05 January 2006 Press Release 5 January 2005 Loan facility Grant of warrants 3DM Worldwide plc ("3DM" or "the Company") is pleased to announce that it has negotiated a convertible loan note with Cornell Capital Partners, L.P. and Montgomery Equity Partners, L.P. ("the Investors") providing for an immediate #4.75 million loan facility, all of which has been drawn down. The funds will be used to finance the construction of encapsulation machinery and machinery for large 3-dimensional PIM products as described below and to provide additional general working capital. Under the terms of the loan, the Investors can require 3DM to repay up to #150,000 per week of the outstanding balance of the loan in cash or for shares (at 3DM's option) over a 24 month period. 3DM can opt to repay all or part of the loan at any time during the 24 month period in cash or for shares (at 3DM's option). The issue price of any such shares is based on the lower of the average price of 3DM's shares during the 10 days prior to issue or the 10 days prior to the date of this agreement. As consideration for entering into this agreement, 6 million warrants will be issued with an exercise price at a 10% discount to the lower of the 3DM share price at the date of grant and at the share price at the date of exercise. The Institutional Investors can require 3DM to buy back the warrants for either cash or shares at a discounted price over the term of the deal. This facility, the terms of which are in line with current commercial rates, provides 3DM with the flexibility to pay back the loan from revenue generated within the business and/or from any additional funds raised. There are, however, no plans at present to raise funds through a placing of shares in the short term. The existing equity line of credit with Cornell, announced on 15 September 2003, remains in place and available to the company. 3-dimensional PIM products |
Posted at 29/11/2006 12:51 by ponderer Market psychology is an important topic.Because however cool you think you are, your buy and sell decisions will end up being based on simple human nature. And, being humans, we are very emotional animals. We let emotions rule various aspects of our lives and it's just the same with investment. Emotions quite simply get in the way of making good investment decisions. For example I lost £7,000 by buying shares in Coffee Republic for 27p in the year 2000.. and selling them for 4p in 2001! That's because I made the classic novice investor mistake of hanging onto a loser. On top of that I got far too emotionally involved with the company because I liked the coffee - I even started buying more coffee there than I needed, in the idiotic hope it might push up the share price. Of course all it did was keep me awake at night! We all want to feel good about ourselves, and selling for a quick profit makes us feel VERY good. Trouble is, our feel good emotions harm long-term investment gains because it stops us sticking with the winners. Many investors even take profits if a share has only gone up two or three per cent. That's because they can proudly boast to themselves and others; "I banked a profit." And of course emotion is the main reason for hanging on to losers for far too long. We hate feelings of regret and selling a losing share makes us regret and maybe feel a bit mad at ourselves. So we'd rather watch the shares continue to decline than take the loss and feel bad about it. It's stupid really, because eventually when we sell even lower we feel even worse! There's another psychological problem when it comes to selling at a loss. That's feelings of revenge! We want to get that money back and that causes us to be emotional and start taking too many risks. If we've lost half our money we might be tempted to go for a small stock we think might double in order to get the money back. Or other dodgy behaviour. This is where an unemotional stop loss comes into its own - that way a stock is sold without bringing in the emotions of regret and getting even. And that way means you are less likely to make a too-risky next trade. Humans are very much a 'pack' animal. We like to do things together and this very much applies in the shares marketplace. That's why we sell when everyone else is selling and buy when everyone else is buying. It's why we sell winning shares far too early and sell losers far too late. One of the main reasons investors lose money in the markets is their inability to sell something at a loss - like me with Coffee Republic. This is mainly simply due to ego. We just don't like to admit to ourselves that we got something wrong. So we sit there and hold on and on to a share that just keeps on falling. And absolutely every investor has done this and you will do it too! It is quite difficult to phone a dealer and admit you've made a loss and are now taking it. It's much easier to take a loss online! Basically you have to go against human nature when you take a loss, but you must steel yourself to do it otherwise you will not become a successful trader. Let's take an example. You want to buy a new share but you have to sell a current one to raise the cash. The choice is between two shares. One share is showing a loss of 20% - and the other is showing a profit of 20%. Which share should be sold? I would bet nine times out of ten, the investor would sell the stock that has gone up 20%, rather than sell the loser. That's because selling the winner shows what a good decision it was to buy it and validates that decision. There's also an element of pride involved and it feels good to lock in the profit. You can also tell your best friend/partner: "I just made 20% profit". (You keep the loser to yourself!) I feel pretty good when I lock in a profit and extremely irritated when I have to take a loss! You really have to learn not to postpone the feelings of regret. Avoidance of regret is one of the main reasons investors lose money. Perhaps this sums it up well: experienced traders have a saying "You have to love to take losses and hate to take gains". Talking of gains I've had an excellent couple of weeks and I hope you have too. My stocks are really rocketing - it's almost like the good old days of 1999! My two favourite stocks have to be Dignity and Sondex, two crackers that just go up one or two pence a day. I think one I bought the other day looks set to join them - Alumasc. I bought at 148p on the day of some cracking results. As I write the shares have already gone up to 165p. A director has just bought loads and things look very positive. I also expect to sleep at night, grab another 20% of the upside and a 6% dividend. Well, that's the plan - unless psychology gets in the way and I end up taking profits too early so I can brag about it to the wife! |
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