Datong Electronics Share Discussion Threads

[smarkmmm] 08/12/2010 00:19

"We've seen some real good signs coming through of a continued recovery and that's continued since the year end as well," Mr Blood said, adding that this had prevented a trend seen in previous years of business seasonality from recurring over its last financial year.

[philjeans] 07/12/2010 16:41

This held up very well considering the very modest turnover in shares; just imagine how they'll motor when the brokers, papers and journals start tipping them.

One to hold for a year or two for a nice multi-bagger.

Barriers to entry are enormous.

[philjeans] 07/12/2010 14:07

Still valued at less than £9M - takeover target supreme!

[longshanks] 07/12/2010 09:52

not to forget that this is the right industry to be in right now.

at a time when espionage and counter-espionage activities are key themes on the news broadcasts. Iran, Russia, North Korea and China all starting to become major belly aches augurs well for established businesses like DTE.

Only cloud is what effect the WikiLeaks saga may have on their recovering U.S. market - though I can't actually see any particular negatives - it isn't like we are going to stop being a major ally and I am sure we will still be keen to share high-tech gadgets with them.

[philjeans] 07/12/2010 09:37

Yes - a quid will come quite quickly.

Will be tipped in the IC and Shares for sure. And probably on the Daily's 2011 tip lists.

[longshanks] 07/12/2010 09:32

Market makers are still holding a tight ship on these. Online purchases limited to just a few shares to give them as much opportunity as possible to pick up loose stock on the way up. Once news spreads - and we get some "speculative" interest - this should rise very quickly.

[smarkmmm] 07/12/2010 09:25

If the first 2 months sales rate is maintained then annual sales for 2011 would be c.£18m (up from £14m), not bad for a company with an enterprise value of 6m...

"Current trading and prospects
The order intake in the first two months of 2011 is £3.08 million (2009: £2.90 million). The order pipeline is robust and underpins a growing confidence in both a continued US market recovery, ongoing success from the diversification strategy, and an increase in demand for intelligence gathering solutions. Coupled with strong key customer interest in our next generation product platforms, the Board is confident of sustained growth.
Dean Blood
Chief Executive"

[philjeans] 07/12/2010 09:23

It's a very tight market - thinly traded and under the radar. If you read between the lines of the ITS, as I did, you would imagine the figures would be very encouraging, as I did.

I have no inside knowledge - just good research.

As you said yesterday, the shares went up 'cos some bright spark nabbed 10k when no-one was looking. Nothing to do with "manipulation".

;-)

[philjeans] 07/12/2010 09:23

It's a very tight market - thinly traded and under the radar.

[longshanks] 07/12/2010 09:15

Looks like the figures must have leaked to the market for it to have been so badly manipulated in the run-up to results. I take it this is why you anticipated "persuasive" results philjeans rather than because you personally had inside info.

I have to agree though - the figures are good, very good.

The second half trading is very encouraging and if subject to normal seasonal patterns would indicate that the next interim figures will be closer to £10m.

Should see a strong recovery in the share price now towards £1 and above.

[philjeans] 07/12/2010 08:11

Financial Highlights for the pro forma 12 months ended 30 September 2010
+-----+------------------------------------------------------------+
| � | Strong recovery in financial performance |
+-----+------------------------------------------------------------+
| � | Revenue increased 80% to GBP14.06 million (2009: GBP7.82 |
| | million) |
+-----+------------------------------------------------------------+
| � | Operating profit before exceptional items of GBP0.80 |
| | million (2009: loss of GBP1.16 million) |
+-----+------------------------------------------------------------+
| � | Adjusted earnings per share of 6.38p (2009: loss per share |
| | of 2.47p) |
+-----+------------------------------------------------------------+
| � | Net cash of GBP2.58 million (2009: GBP1.70 million) |
+-----+----------------------------------

Outlook
Whilst economic uncertainty continues to impact government funding for Defence
and Security budgets, DATONG is well positioned in the critical and robust
intelligence gathering sector.

The Board is encouraged by the results and progress in the period. The growing
confidence of a sustained recovery in the Americas, strong positive feedback on
new product launches and the continuing success being achieved on customer
diversification, means the Board is confident of further profitable growth.

[philjeans] 07/12/2010 07:55

As I forecast, figures are VERY persuasive!

Super growth in sales, profits and cash.

Strong BUY.

[longshanks] 06/12/2010 13:59

up because someone bought 10K that the MM's don't have to sell.

I think the figures will be reasonable - but not spectacular given the trading statement earlier this year.

bid possibilities is my guess for the rerating: can still only buy 38 shares online (more available to negotiated/phone trades) which indicates to me that MM's really want to keep the lid on this one.

[philjeans] 06/12/2010 13:16

Up in anticipation of good results tomorrow.

Figures will be very persuasive.

[longshanks] 29/11/2010 10:35

Interesting post - thanks Smarkmmm.

Shares in DTE are looking very tight at the moment. Can't even get a quote for 50 shares to buy online whilst they will happily take as many off you as possible.

[sue1alan] 26/11/2010 11:42

Smarkmmm

Thanks for this.

Digital's authorised financial adviser and broker is Investec.

Investec own 45.9% of Datong.

[smarkmmm] 26/11/2010 08:18

Wonder if they have Datong in mind?

26 November 2010
Digital Barriers plc
Proposed Placing to raise GBP30m (before expenses)

Digital Barriers plc ("Digital Barriers" or the "Company"), the specialist provider of products and services to the homeland security and specialist defence markets, is pleased to announce a conditional placing of 18,750,000 new Ordinary Shares at 160 pence per share to raise GBP30 million (before expenses) for the Company to further implement its stated strategy.

Background to and reasons for the Placing

The Directors believe that the homeland security and specialist defence markets continue to represent a compelling commercial opportunity and, accordingly, they intend to continue to further develop Digital Barriers through strategic acquisitions and ongoing organic growth. The Company's focus is to provide the digital security and surveillance technology needed to enhance the physical and electronic security of high-profile, high-value potential targets, and to provide advanced technology to support military operations, particularly in the areas of counter-insurgency and force protection.

Digital Barriers will seek to make further strategic acquisitions to secure technologies and capabilities that fall within its areas of focus. In parallel, Digital Barriers will continue the integration of its acquisitions and will continue to develop its UK and Singapore locations, and seek to establish the demand for the Company's services and capabilities in the US and Middle East.

The purpose of the Placing is to raise funds to be used by the Company to further implement its stated strategy. In particular, the Directors intend to use the net Placing proceeds to finance further strategic acquisitions

[strongarm1971] 10/11/2010 22:12

Market Makers are pushing the price on little or no volume, the results should be interesting... Roll on December.

[longshanks] 05/11/2010 10:22

nice bump upwards. :)

[yoyoy] 02/10/2010 18:31

canaccord forecasting eps of 3.4p for 2010 and DL showing 6p for 2011. Looks interesting but would be more encouraged if the directors holdings were not so pathetic or that there had been some recent buying but nothing since Dec 09.

[santangello] 15/6/2010 18:14

They'll do nicely. I've added for the last 2 months and am VERY happy......