Davis Service Share Discussion Threads

[blueliner] 04/1/2011 17:27

Do we keep the same epic code with a name change>


edit: it's BRSN, need a new thread/change header

final edit: started a new thread here...

[nellie1973] 05/12/2010 21:52

Tipped in press today

[blueliner] 28/11/2010 12:30

A name change as well !
The debt is usually the only talking point with commentators, good to see a positive from Questor. My only dissappointment is the decontamination division's progress which as I read it from the recent results has not been spectacular.

[zho] 28/11/2010 11:14

Recommended by Gary White (Daily Telegraph's Questor) as a play on ageing and more affluent populations. Current year PE of 10 dropping to 9, and 5% yield.

[tday] 21/11/2010 17:23

A busy board.

[blueliner] 25/6/2010 21:12

Broker's stance following pre close trading update today

25-Jun-10 DVSG Seymour Pierce Buy 374.00p - prev target 450.00p - Reiteration
25-Jun-10 DVSG Ambrian Hold 374.00p - - Reiteration

[cockneyrebel] 10/4/2010 09:57

yep, broke out yesterday, which is nice.

CR

[blueliner] 10/4/2010 07:46

Good rise, wonder why, now at highest point since Sept 08.
Read somewhere this week '' the debt will eventually strangle the co, unlikely to service debt repayments with present growth rate ''. presumably the yield would be affected.
We shall see .

[blueliner] 23/3/2010 11:35

Another substantial share purchase by new CEO, topical thread header!

[cockneyrebel] 19/3/2010 10:48

Chart still looking rather positive - reckon the breakout isn't far off - trading statement in April.

CR

[cockneyrebel] 15/3/2010 13:35

Chart still curving upwards.

CR

[cockneyrebel] 10/3/2010 15:25

Heading up to the highs - big breakout coming here after having a few other goes at it imo.

CR

[cockneyrebel] 10/3/2010 10:58

Chart turning up and chunky director buying this week.

Co sounding rather posive.

CR

[d0ubtf1re] 26/2/2010 09:24

contrarian2investor - how is that short working out for ya?!
What does your clever tool tell you about today's results?
Here's what mine says
Overall average contrarian2investor 87% = gimp!
Lol! wan't my advise? well your'e going to get it anyhowz
grow investing brain and & gut to use it next time.

[contrarian2investor] 22/12/2009 11:40

I have a short position March 2010 @ £4.10p on DVSG

This is the current Barchart.com analysis of DVSG

Composite Indicator
Trend Spotter TM Sell

Short Term Indicators
7 Day Average Directional Indicator Sell
10 - 8 Day Moving Average Hilo Channel Hold
20 Day Moving Average vs Price Sell
20 - 50 Day MACD Oscillator Sell
20 Day Bollinger Bands Hold

Short Term Indicators Average: 60% - Sell
20-Day Average Volume - 283577

Medium Term Indicators
40 Day Commodity Channel Index Sell
50 Day Moving Average vs Price Sell
20 - 100 Day MACD Oscillator Sell
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 50% - Sell
50-Day Average Volume - 296579

Long Term Indicators
60 Day Commodity Channel Index Sell
100 Day Moving Average vs Price Sell
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 33% - Sell
100-Day Average Volume - 328907

Overall Average: 56% - Sell

[deadly] 28/8/2009 10:31

Great results. Nice quiet thread - this one's flying under the radar so far.

[blueliner] 26/8/2009 22:41

Steady progress since June, new CEO on the way. Interims Friday.

[loryd] 29/6/2009 10:19

Yes Europe is a potential problem. I had to laugh at the Barclays note which said buy them as a play on UK citizens holidaying at home, Presumably they meant more hotel linen.

[blueliner] 27/6/2009 21:12

Johnson Group not in the same ballpark, would suggest Synergy Healthcare where decontamination is the key, but they got debt, in fact hard pushed to think of a debt free outfit in this sector. Davis getting more into decontamination.

Europe (incl Ireland) is a worry especially emerging countries ex soviet, but Davis have had plenty of time to reflect after previous European excursions.

Debt -from Feb prelims
'The group had total facilities of £788m at 31 December 2008, committed to between 2012 and 2018. Fixed borrowings totalled approximately £416 million with an average interest rate of 4.3% per annum in place until 2010 at the earliest.' so you can sleep at night.

The share price did reach bargain levels earlier on but events have caught up & it was a nice uplift on friday, expect to slipback next week but still enjoy the dividend.

[blueliner] 27/6/2009 10:59

loryd ' the fundamental model is flawed '
interesting & agree with your management comment,
but who else is there in UK at least.

[loryd] 26/6/2009 16:56

A mystery to me why this is so high. Horrible debt and tough markets (which the trading statement does nothing to contradict). They may claim the debt is secure until 2012, but the fact is companies like this have no margin for error. They may be very well run (someone close to them I know says they are) but the fundamental model is flawed without a load of luck.

[royaloak] 27/2/2009 12:58

o1lman
Their net debt figure is the interest bearing loans and borrowings taken from the cash at hand.
Note another director purchase so standing back, price holding well at the moment compared with market.

[royaloak] 27/2/2009 11:24

Thanks oilman

[o1lman] 27/2/2009 10:58

royal
according to Sharescope have net cash 82m
1 year gearing .85% 5 year gearing 70.5%
forecast to earn 35p approx.
Debt doesn't seem critical in this case.
edit
Have posted the top 15 350 indebted companies on the anything/oilman thread