Drs Data&Rsrch Share Discussion Threads

[sidam] 24/3/2014 09:03

Does anyone still follow this one. It looks very good value to me and could about to become a growth stock.

[woodcutter] 21/5/2013 18:28

nice cup and handle forming

[topvest] 14/4/2013 19:48

Interesting one this one. How does the former Chairman, Malcolm Brighton earn a return? No salary and virtually no dividend on his 52% family holding. Been trading in the range of 10-25p for the last 5 years.

[woodcutter] 05/4/2013 08:21

just watching, historic per bewtween 5 and 7 so market seems to think it's fairly priced.

WC

[woodcutter] 04/4/2013 17:09

I've spent quite a bit of time researching this today and the market cap/cash position seems very interesting.

Taking into account the £1.6m of borrowings as pointed out by WJCC that's a net cash position of £2.4 equivalent to just over 7p/share.

Okay 2013 sales are likely to be less than 2012 and historically they are a bit lumpy year on year but the wider picture seems to suggest further growth in their global non uk markets. Ardens have 2.88 eps forcast for next year and digital look 3.2 eps add to that the dividend of 0.4p and it looks very good value to me.

Few negatives, new CEO not yet tested, and inventory provisions £828K on possible obsolete scanners etc. but not a deal breaker imo.

Need to research competetion a bit further as most of the income comes from 5 clients so losing one would be expensive. Global stretch might help reduce reliance on these.

Woody

[wjccghcc] 28/3/2013 08:41

They have 1.6mm borrowings as well. Also, 2013 likely to see a decline vs 2012. Still cheap though.

[spooky] 28/3/2013 07:30

Great results. Market Cap is £6.5 million, if you take out the £4 million of cash the shares are trading at just over two times earnings, this must be the cheapest stock on the market.Revenues up 25% and profits up 19%.

[interceptor2] 21/1/2013 11:24

Recent weaknes now being brought with some larger trades today.

ic2...

[interceptor2] 14/1/2013 11:37

Nice increase on two modest share purchases, might start to develop into a nice little story here. And still just you and me here cfro. There must others lurking imo.

ic2...

[cfro] 11/1/2013 18:12

Finished slightly down on the day in the end bu one does have to bear in mind that these have a very small market cap and therefore liquidity has to be born in mind and after a the recent surge there is bound to be a little profit taking.

These remain far to cheap imo on a forward pe of not much above 6, no debt and cash on the balance sheet.

[cfro] 11/1/2013 08:45

The book finishes well tho IC2, so worth sticking with it. Not as good as the other three tho imo.

Good to see we are up this morning and extending the gains. Still only me and you here, so well off of investors radars.

[interceptor2] 10/1/2013 20:20

Good to these these jump today, still way under the radar.

I agree the middle part of the new market wizards book is a bit dull, who's interested in trading systems that they are unwilling to devulge. Even if they did it would be as dull as ditch water imo.

ic2...

[cfro] 10/1/2013 15:13

And extending the breakout further. Pe only 6.5.

[cfro] 07/1/2013 12:13

We have a little breakout here now.

[interceptor2] 27/12/2012 14:03

Cheers for that cfro, I'm just starting to read the middle part now :o)

But I'm sure I will learn something.

ic2...

[cfro] 27/12/2012 13:31

Great advice that IC2 which also comes from George Soros who says "invest first, research later".

Thats advice that i have followed for years and it usually has served me well.

Re the HF Market Wizards book. The first two chapters are excellent with Colm and Ray Dalio. The middle part of the book not very good imo then it ends brilliant again with Kevin Daly and Jimmy Balodimas imo.

[interceptor2] 24/12/2012 20:40

I followed the advice of Colm O'Shea, act on the news etc then research afterwards. Hedge Fund Market Wizards excellent book BTW.

ic2...

[cfro] 24/12/2012 18:07

Me too thanks IC2. This thread is a bit dead and most investors away so no real interest today.

[interceptor2] 24/12/2012 14:30

Nice quite thread. Might be some more interest soon after todays trading update. I did buy an initial investment here today.

ic2...

[hezza123] 24/4/2012 09:18

Moving up, finally, on a bit of volume.

[hezza123] 29/3/2012 00:31

Bought some of these a couple of weeks ago. Today's results reinforce what I suspected. Should be an interesting year.

[contrarian2investor] 28/3/2012 21:41

I have added these to my watchlist following today's results and return to paying a dividend. All the electoral & census work that is going to take place in the next 12-24 months IMHO should help the share price

[ntv] 22/3/2011 07:48

nice results
we are happy to hold