||EPS - Basic
||Market Cap (m)
|Technology Hardware & Equipment
Real-Time news about Dicom Group (London Stock Exchange): 0 recent articles
|gerdmuller: Well, it looks like a new beginning.
Let's hope the share price can now once again reflect the potential of this co.|
|gerdmuller: I think your question has been answered. Market seems to like the news, back to £2 again. Although I no longer hold many of these let's hope they can start to sort themselves out from here.
Last ceo was terrible for the share price.|
|woodcutter: Strange share price behaviour and also company behaviour too. Lots of share buy backs for treasury and directors dealngs but most odd is the announcement in july that klatell was standing down and they were looking for a new ceo and still no news, after over three months.
i would have expected siginificant interest in the post, it's a sound business.
I have held and sold and now hold again but feel it's strategically a little rudderless with this ceo position unresolved.
|gerdmuller: My doubts about the ceo seem to have been correct. Share price has been terrible since he took charge.
Let's just hope they get someone soon and someone who can move growth forward at a much faster rate. This may be the change dcm really needs.|
|gerdmuller: Got a reply from the ceo and this has eased some of my fears.
I was concerned at the level of growth being achieved (amongst other things) and that this was being transferred into the share price.
He still regards dcm as a long term growth company after the migration of the business toward becoming more of a provider of products and solutions to enable business process automation.
As I have always said this looks to be a very good company which generates a lot of cash. The talk of a takeover emerged about a year ago but has since cooled. Cash generators are what the pe industry loves as the debt can be serviced until the time comes to exit the company.
There has been an increase in interest in IT companies by pe firms because many are now seen as having reasonable ratings and good market positions.
I think the business model works by selling the licence and then producing a revenue stream by the quantity of items processed. Dicom also gets reoccurring revenue through the service arrangements. Many clients are blue chip so revenue streams should be consistent going forward.
It is not a good market for tech many tech cos at the moment as rising interest rates mean that their cash flows get discounted at a higher rate. The dollar is also causing dicom problems.
May be a good buying opportunity. I may have to think about it.|
|gerdmuller: Seems a very long time since this company had a good day. Wrote to them last week about recent events and the fact that under the new ceo the share price is back at the 2005 level.
No reply as yet. New ceo still has to prove himself, seems to talk a good game but can he deliver? Jury is still out but share price seems to doubt him.
I am now beginning to believe that the only hope for this one is a bid.|
|upside potential: largest instit holder has been increasing on this recent share price weakness (if I read the RNSs correctly); lots of cash on the b/sheet this co so no fundies issues at all. DCM has long been a solid tech co. which has been profitable even back in the 2000 tech mania days. i agree that the recent update was not ground breaking but not overly valued imo and could perhaps feature in ongoing tech consolidation activity. techs which are growing with strong b'sheets are obviously attractive investments for the future. some mkt watchers also feel monies may well rotate soon into tech / growth plays which have underperformed for a long time now. i am interested in DCM.|
|wjccghcc: Adjusted pretax of 7.6mm vs the forecast of 5.9mm makes for impressive growth in Q2. And with their significantly stronger pipeline and increased H2 weighting, I'd say they're likely to beat the FY forecast of 12.6p by a quite a bit. Back in at 240p.
Given their business has become so seasonal with nothing happening in July-Sep, this is one company where quarterly reporting doesn't really help the share price.|
|mdrans1: Shares mag ref Q1 results :-
For the second year in a row, the information
capture software expert recorded
a disappointing set of Q1s and after a
10% one-day plunge in the share price,
shareholders will be hoping CEO Rob
Klatell's assessment of the figures as
normal seasonal weakness is accurate.
Dicom went on to prove last year's
growth stumble was an aberration with
three subsequent strong quarterly reports
and its shares roared back. Klatell clearly
believes this pattern will be repeated, as
the firm's sales pipeline is much higher
than it was a year ago.
The shares should get support from
industry consolidation. IBM recently
bought Filenet for $1.6 billion but still
lacks the information capture expertise its
rival EMC acquired through Captiva for
$275 million. Dicom could plug that gap.
■Shares says: Not expensive and
industry M&A should help. Buy on
by: Russ Mould|
|networker: The recent statements do seem to be surprisingly and uncomfortably 'stop - go' in style. Perhaps it is just that contracts are lumpy and rather unpredictable. Share price volatility seems likely to continue until resumption of growth pattern is confirmed in the results.|
Dicom share price data is direct from the London Stock Exchange