Dci Advisors Share Discussion Threads

[spectoacc] 18/1/2017 07:31

Lol @eezy - "and only six of us went there" :)

[eezymunny] 17/1/2017 19:47

Amazed they got anything for it.

I've been to the Islands off Panama. Stinky humid climate all year, a quadrillion mosquitoes, and a short trip across the water to Panama City, where one colleague was murdered, one stabbed, one held at gunpoint, dodgy food nearly killed me (and only six of us went there).

Good luck to the buyers!

[tiltonboy] 17/1/2017 19:00

I didn't mean to infer that it was the best asset, rather that it was one that I thought might fetch closer to book. Hopefully Amanzoe and Kilada will fare better.

I suppose we might see a penny or so capital return from this sale, in a few months time.

[chevalierdaven] 17/1/2017 17:24

Panama is not the best asset.

[spectoacc] 17/1/2017 16:22

Moderately impressed how they're getting on with it nevertheless.

[tiltonboy] 17/1/2017 16:18

Selling the best assets at a 32% discount suggests that the likely range for shareholders is nearer the bottom end of the 12-22p range, that's if they can even sell them all.

[qs99] 17/1/2017 15:38

Indeed it does, but still would be double from current share price IMO.

[spectoacc] 17/1/2017 15:35

"The implied transaction enterprise value of EUR63 million represents a 32% discount to DCI's gross asset carrying value as at 30 June 2016 and will result in a loss on sale of EUR27 million."


Dunno. "Better than -50%" perhaps. Does say something about NAV guestimates.

[tiltonboy] 16/1/2017 21:24

Depends how aggressive the buyer is and how many he is looking for. WINS wouldn't normally mention it if it was only a small buyer.

[smithie6] 16/1/2017 21:13

Ah...ok...

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...sp quickly back to 10p ?

[tiltonboy] 16/1/2017 17:31

I told you this morning that WINS was looking to pick up stock for a buyer!

[smithie6] 16/1/2017 17:28

oh me...
got it right again...
buy trade reported at the end taking up all the smaller sales

[smithie6] 16/1/2017 15:12

...imho the price is creepy back after the recent fall which was after big up trend from 5p...

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true mid price is about 9.3p....4% higher....
all sales so far today...and no buy report so far..so the MM is soaking up those sales to fill a buy order imo

[tiltonboy] 16/1/2017 08:51

WINS looking to buy a few this morning.

[smithie6] 11/1/2017 10:20

..shall we all stick to usung this msg brd....

If spread msgs over different DCI brds...then a mess..

[tiltonboy] 11/1/2017 09:06

No. Ridiculous trade in the auction last night skewed both closing and opening prices.

[qs99] 11/1/2017 08:20

Sharp move this morning?

[luckymouse] 10/1/2017 17:05

14p would be nice

[smithie6] 10/1/2017 16:36

"but the new incentive package stinks."

guess I probably agree with most of that...
but what can you do...
seems par for the course...
exotic property cos.....the dirs. and broker get rich by placing lots of shares at the float.....if co. then flops....they issue new incentives package as reward for selling of the bits at lower prices than was paid for them !...laugh or cry...

but if one is buying for first time near the low then one is not paying the original IPO price....(I had a few of these around 25p area after the big acquisition and big MD investment....and luckily sold since wasnt going anywhere....so been fairly happy to buy under 10p...)

[qs99] 10/1/2017 16:35

thanks tilton, will take a look at those. have recently piled into EPWN, MCB, SHG, ACA and KENV for various reasons. DYOR etc....

[smithie6] 10/1/2017 16:29

..some bus showing around 10.45p....sp still creeping up imho

[tiltonboy] 10/1/2017 14:22

Still buying the old favourites, plus JESC and IGC. ATS is becoming more interesting.

Sorry OT for others who would be bored of the above!

[spectoacc] 10/1/2017 13:48

@tiltonboy - can't blame you, I'd feel the same if I'd got in higher & seen it go lower. Daft in some ways as we ought to reassess from the price it's at, not the price we paid, but psychologically they're quite different.

Certainly, if they returned under 10p by the time all was said & done, I'd be very disappointed indeed! But that perhaps comes down to what other homes there are for the money. Personally, I'm not seeing a fat lot atm (though did buy back into PJF this morning, trying to take short-term advantage of the upside to the all-paper bid).

[tiltonboy] 10/1/2017 13:45

Specto,

I would love to see 20p, but I'm sceptical that it can be achieved now. I am encouraged by the progress that has been made, but the new incentive package stinks.

Having got this completely wrong in the 20's, and had a double unit size, it was going to be costly, but I did buy a few around 6p, and I have sold some of those.

If I was coming into this fresh, my analysis would have given me a buying range of 7-8p as the price I thought the risk/reward was worth it. We are now above that level, and I will exit on rising prices. Likely to be a decent sized cut, but better than where we were a few months ago.