Davis Service Share Discussion Threads

[royaloak] 27/2/2009 10:42

Director bought today at 237 bull point.
Net debt increased to £544M from £367M bear point.

[royaloak] 25/6/2008 09:29

Another company carrying a lot of debt.

[watwungyi] 24/1/2008 18:58

why sudden surge?

[kievtrader] 21/6/2007 21:59

Deutsche bank now have holding over 4%. Increasing their holding steadily on weakness.

[prankster2] 19/6/2007 13:48

As I didn't get my timing right on the shorts and they also made an acquisition, I decided to close both my shorts at 627 for a profit of £110.

[kievtrader] 23/5/2007 16:49

Deutche Bank have just increased their holding to above 3%

[prankster2] 21/5/2007 23:14

ADVFN III Evening Euro Markets Bulletin
Daily world financial news from Thomson Financial News

Davis Service Group fell back 12-1/2 at 650 after Panmure Gordon reinitiated the group at 'sell' as the broker believes the stock will struggle to maintain its valuation.

[prankster2] 04/5/2007 12:55

Gone short again with £10 a point at 647.

[hursheel] 26/4/2007 11:16

UBS (Virt-X: UBSN.VX - news) has downgraded Davis Service Group (LSE: DVSG.L - news) to reduce from neutral

[kievtrader] 24/4/2007 12:05

AGM statement positive

[prankster2] 23/4/2007 09:07

I've gone short £10 a point at 618.

[prankster2] 21/4/2007 16:30

This did go to over 600p after all which suggests that something smells fishy on here, the results, statements have either been fiddled with, if not, then the share price is getting into over priced territory, I'll monitor it and I'll be looking to short it, as I was not born yesterday!

[kievtrader] 21/4/2007 12:14

UBS have this one down as a strong buy and director has signalled confidence trough recent purchase and they have been edging up. Anyone have the UBS note?

[kievtrader] 21/4/2007 12:11

chart looks great on this one. drifting up daily since one of the directors bought 10000 shares not so long a ago. UBS have them down as a strong buy. Has anyone seen the UBS research note on this one?

[prankster2] 23/2/2007 11:36

I don't think it will be going over 600 in a hurry now, those results were poor, I was expecting somewhere over 90 million, I've sold my shares at contained small loss.

[prankster2] 16/2/2007 12:34

Bought some as it looks ok to me for it to go to over 600!

[zzaxx99] 03/3/2006 11:44

Definitely starting to go in the "right" direction, from my point of view. Next support at about 483

[blueliner] 25/2/2006 21:32

Wouldn't short this long term, management shut down 3 plants in the autumn
- 'prompt action' - but also appear to have made interesting acquisitions.
look at collapse of rentokil/initial, limited customer options, sunlight should pick up some these at good margins.

[atlantic53] 25/2/2006 14:52

ZZ WHAT DO YOU THINK ABOUT HANSON HNS...
Thanks

[zzaxx99] 24/2/2006 08:15

Not the most popular stock in the world, is it?

Down (so far) 2.5% on :

SATISFACTORY RESULT WITH REVENUE AND PROFIT GROWTH SUBSTANTIAL INCREASE IN ADJUSTED
EARNINGS PER SHARE

Financial highlights
Continuing operations

Revenue Up 2% to £661.7 million (2004: £651.5 million)
Adjusted operating profit* Up 1% to £91.7 million (2004: £91.0
million)
Adjusted profit before tax* Up 9% to £84.5 million (2004: £77.7
million)
Profit before tax Down 1% to £80.7 million (2004: £81.1 million)
Adjusted earnings per share* Up 20% to 31.7p (2004: 26.5p)
Earnings per share 66.8p (2004: 23.2p)
Total dividends Up 5% to 17.3 p (2004: 16.5 p)
Free cash flow Generation of £64.6 million (£62.8 million for
our continuing operations, £3.4 million above 2004)


*before exceptional items and amortisation of customer contracts

Additional Highlights

Now a focused European textile maintenance business
Continued operating margin growth in Continental Europe
UK margin down but opportunities arising from market capacity reductions
£23 million investment in acquired contracts and bolt-on acquisitions;
a further £20 million invested since year end
£145 million of capital returned to shareholders; remaining B shares
will be redeemed in May for £6 million
Smooth transition in key Board roles


Christopher Kemball, Chairman of Davis Service Group, commented:
"Davis has achieved a great deal in 2005 and delivered a satisfactory
trading result for the year. While the UK market has continued to be challenging,
profit and margin targets for the Continental European business have again been
achieved.
In the year ahead, the UK will remain challenging, especially in the short-term.
On Continental Europe, we are targeting further good progress in 2006, while
continuing to pursue acquisition opportunities. Overall we expect to deliver
a satisfactory outcome for 2006."

FWIW, I'm short, as of about a week ago, purely because I thought the chart looked 'toppy'

[davidnorman911] 30/1/2006 08:38

thanks spaceparallai will stay out of longs and watch the breakout for now..!!

[spaceparallax] 27/1/2006 17:45

Steady chaps, the SP's risen phenomenally over the recent months - perhaps a little too much. Methinks the 500p figure may loom too large in many investors profit-take targets - I would not be surprised to see a retracement to C. 450p before too long. After that, who knows; we might either slowly regather momentum or lose further confidence.

[qackers] 27/1/2006 15:34

Thanks. TA looks good. Breakout on Point & figure 5x3 chart. Think I'll join you. Good luck

[davidnorman911] 27/1/2006 10:23

hi yes Rentokill are cutting there Linen division which is in direct competition with this company , I am thinking of going long

[qackers] 27/1/2006 09:43

Breaking out to new all time highs. Anyone following this. Any views?