Densitron Tech. Share Discussion Threads

[baner] 25/9/2015 08:28

arthur lame

you need to read the claesson announcement again - the shares were acquired many years ago.so yes, you are indeed suspicious for no reason - maybe an apology would be appropriate here.............

[vfast] 25/9/2015 08:00

It's all over and it has been a good investment for me even through I would have like a few pence more, but we always want more regardless.

Cash offer!

[arthur_lame_stocks] 25/9/2015 07:48

So a guy with the name Claesson, who may or may not be a relative of Johann Claesson a friend of Peter Gyllenhammar buys 5% of the company a couple of days before a recommended bid!

Am I just being suspicious for no reason?

[clocktower] 25/9/2015 07:35

"LCD INTEREST 3 Jul'15 - 19:07 - 1833 of 1844 1 0

Go and look at ''QXT'' shares , all ex densitron staff,

also my industry ,

totally diferent story to this sad one"

Nice result isis.

LCD - More than a Crystal Ball maybe. Spot on.

[arthur_lame_stocks] 25/9/2015 07:16

Not a bad price considering. I guess this means Peter Gyllenhammar wasn't confident of getting considerable value out of that Blackheath land.

[isis] 25/9/2015 07:11

BID!!

Allover!

[heartylaugh] 21/9/2015 21:56

Fantastic! Is he interested in land?

[vfast] 21/9/2015 16:48

Interesting RNS late this afternoon.

Lars Magnus Claesson of Carlton Telecom taking a 5.6% stake in DSN.

[lcd interest] 20/8/2015 20:26

this could see money for investments like the Cassius computers of the 90's, when densitron had some staff

[vfast] 20/8/2015 19:08

NC

I agree with your assessment and the potential for further progress in the Displays business looks encouraging.

Government have advised councils to look at small plots of land for building to meet the capitals housing needs. So I’m optimistic that Greenwich Council will look at the land favourable to remove the MOL order plus Bovis Homes are also in to get the MOL order removed off their land which is next door to Densitrons land and I believe Bovis will add weight to the removal.

Bovis have about the same size plot as Densitron roughly 1.25 acres.

I have also been informed that the bungalow which is on a small plot of land next to Densitrons/Bovis land was sold for £4.5 million.

[norbert colon] 20/8/2015 13:23

Vfast. My own research also indicates that the land is potentially worth a lot more than £2.4m so I see it as an added potential (big) bonus as and when it comes off. The mcap is only £5.5m as of today....potentially the land could be worth near this alone and on that basis the DSN business would be thrown in for free. Lets hope this anomaly gets corrected over time.

LCD - loan will cost £400k + 9% interest and will be paid back by March 2016. I have assumed just over £300k of costs will be included in the 2015 full year but this will still give EPS of around 1p.

[lcd interest] 20/8/2015 12:20

This is good. When does the loan get paid back in full, or has this already happpened or been accounted for

[vfast] 20/8/2015 12:13

NC

John Farrell said at the AGM the max value would be £2.4m for the land but looking at the Westhouse 2012 land value with the six houses they estimate £5m of cause they may not get the six houses but at this stage John Farrell will not know what is possible so I believe the £2.4m undervalues the land if the MOL order is removed.

Westhouse 2012

“Seeking to reclassify the land through the Local Development Framework (LDF) and ahead of submitting any new planning application, the company is pursuing alternative options for the site that includes existing use rights.

While the LDF reclassification could take two years to resolve, we are of the opinion that should this be completed and planning consent for new homes is granted, the land could be worth in the region of £5m. We see this as a fair value given that detached houses nearby - similar to those previously proposed by Densitron – are each valued in the region of £1.5-3.0m.

Representing an increase of approximately £4.5m in value, this could add c.6.5p to the book value per share.

[norbert colon] 20/8/2015 11:27

vfast

Agreed. My estimates are for 1p of EPS for 2015 (worth reviewing 2011 FY results for a typical 'clean' year of similar revenue forecast for 2015) so current share price looks very good value. I am pleased I bought some more right at the bottom of the recent dip and now one of my top 5 largest shareholdings behind WTM, APH etc.

Nice to see the board state that they are confident of FY expectations. Left field / macro calamities aside it seems the business is now in very good shape.

Look forward to further news / progress.

[vfast] 20/8/2015 10:14

Interim Results look encouraging. Small loss after Peter G £400k loan is taken into consideration.


interim results for the six months ended 30th June 2015.

Summary

•ɦ72;Revenue increased by 22.6% to £11.4m (2014: £9.3m).

•ɦ72;Operating profit before exceptional items £0.3m (2014: £0.1m loss)

•ɦ72;Orderbook increased by 7.2% to £13.4m (2014: £12.5m).

[lcd interest] 03/7/2015 19:07

Go and look at ''QXT'' shares , all ex densitron staff,

also my industry ,

totally diferent story to this sad one

[heartylaugh] 03/7/2015 15:27

"10/6/2015
22:06 Thanks vfast. I've decided not to post here again until the Densitron share price is back (down) to 8 pence. See you soon x. heartylaugh"

Well that didn't take long.

[lcd interest] 27/6/2015 12:56

down again,

also rumour I heard from contact, ceo blundered on some very basic tech questions, at agm,,

you expect companies like this to be headed up by a technology savvy type, or engineer turned director,

brushed over the e paper stuff , which is a black hole also

[lcd interest] 26/6/2015 09:51

share price sliding back down

[lcd interest] 12/6/2015 14:23

I don't know but he's on other sites talking about football investments , just ignore him if he is being negative

it seems like densitron is looking better but no one has said what was discussed at agm?

[bakunin] 12/6/2015 09:34

LCD
He doesn't come up as having posted elsewhere on a search, but then the search isn't very accurate.

[lcd interest] 12/6/2015 08:19

VFAST - hearty is on other forums, I've seen him posting in, he has investments in football I think, or strong interest at least in that area.. Maybe he works at densitrons competitor.

J

[norbert colon] 11/6/2015 22:27

I am rather perplexed about the luggage tag (trialled with BA initially in late 2013) as the BoD implied at the AGM that it not gone anywhere and I got the impression it was a lost leader. On the other hand I understand from another source that the tag has been through further prototypes and is with BA for further assessment. Certainly I am not pinning any value on this specific product and if it does come to fruition then it will be a bonus.

[deltar] 11/6/2015 22:15

It's been a long wait but finally looks like they may have come out of the doldrums. The luggage tag might be a big seller if other airlines go for it.

[lcd interest] 11/6/2015 08:34

Any topics covered at AGM interest?