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DERR Derriston Cap.

15.65
0.00 (0.00%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Derriston Cap. LSE:DERR London Ordinary Share GB00BYYMVL73 ORD 2.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 15.65 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
15.50 15.80
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 15.65 GBX

Derriston Cap. (DERR) Latest News

Real-Time news about Derriston Cap. (London Stock Exchange): 0 recent articles

Derriston Cap. (DERR) Discussions and Chat

Derriston Cap. Forums and Chat

Date Time Title Posts
28/9/201813:00Derriston - Nigel Wray-backed medical technology venture642
14/9/201814:32S4 Capital. Sir Martin Sorrel`s Future $$$$$$$$$14

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Derriston Cap. (DERR) Most Recent Trades

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Derriston Cap. (DERR) Top Chat Posts

Top Posts
Posted at 25/9/2018 15:00 by cpap man
Ok fair enough zcaprd7 - so what share price do you think DERR could be standing at by then?

Guess the WPP share price [MKT CAP] might give us a clue as Sir Martin Sorrell [of WPP fame] reckons with everything and everyone that he now knows he can do the same again but in only around a quarter of the time!
Posted at 19/9/2018 13:09 by cpap man
De-rampers every where trying to nick a penny off the DERR share price - how absolutely pathetic!
Posted at 18/9/2018 21:06 by stuffee
Monty

The big hitters you mentioned recently subscribed into Derr at approx 10p. Hemsley, Wray and others sold part of their holdings yesterday at 16/17p. They must collectively feel it is a buy at 10p and a sell at 16p.

Incidentally page 44 of prospectus states the new institutions bought into S4 at 117p and then Derr acquired S4 on basis of 1.163 Derr shares for each S4, equivalent to buying Derr at 100.6, or 10.06p in present form (hope I've got numbers right).

I suggest it is "rather shrewd" if Wray and friends sold yesterday at 16p in expectation of price falling back to maybe 13p or 130p in new form.

On fundamentals, Med Monks made E10.3m pre tax profit in 6 months to 30 June 2018. After allowing for second half growth, annual interest of say E2m on the E50m new debt, say E0.5m of plc costs, I assume the group is currently earning pre tax profits at rate of say E21m for year or say £13.3m after 25% tax; this would produce eps of 5.2p. A share price of 130p would then represent a PE of 25, which strikes me about right, although the immediate price might be slightly below this due to short term potential profit taking by those who recently subscribed at 100p. I accept the share could trade at a PE of 20 or 35.

Interested in others' comments on these numbers; there is another estimate on this BB of earnings after tax of E25m; I feel this is optimistic as I'm not sure it allows for any tax. Has anyone seen any brokers' forecasts yet?

Apologies these are different views to nearly all others on this BB, (although maybe compatible with Wray and Hemsley), who are suggesting price will soar from current 17p as 28 Sept approaches.
Posted at 18/9/2018 10:15 by cpap man
Another HOLDINGS RNS

They are in my view feeding the market as per the agreement with the UKLA on the basis of maintaining an orderly market

The only problem [LOL] is that the seem to now be running out of stock so expect the DERR share price to resume the northwards movement shortly
Posted at 17/9/2018 14:08 by cpap man
Anyone with any City experience will know that there is indeed some forward selling going on at DERR

So what? Well the benefit is that those who want to can and it assists in maintaining an orderly market which is why the UKLA finally relented last Friday and allowed the resumption in trading in DERR shares

So far so good with DERR up by circa 80% but in an orderly way

DERR will continue higher despite any forward selling as demand for DERR stock will continue to outweigh supply of DERR stock

This is simply due of course to Sir Martin Sorrell [of WPP fame] absolutely amazing business history

Within 5 to 7 years DERR will in my view be worth many multiples and be sat in the FTSE100

Most institutions who back him at WPP have followed him to DERR and will in my view again continue to hold for those mega medium to longer term share price gains at DERR
Posted at 16/9/2018 15:56 by cpap man
My 5 year share price target for DERR is 10,000p

And then it will be a case of addressing his LORDSHIP

Lord Sorrell of DERRTASTIC

Enjoy the journey DERR supporters!!!!
Posted at 16/9/2018 14:34 by cpap man
LOL yes PC - there are tons of posters who are obviously NOT yet in DERR who are de-ramping like crazy so that they can try and get into DERR on the cheap!!!!

Basically these de0-rampers are saying dump DERR prior to a possible explosion in the DERR share price perhaps DERR will go and hit 100p+

IGNORE THESE DE-RAMPERS otherwise it will cost you a fortune [they are trying to steal your DERR shares on the cheap!!!!]

These very same de-ramping posters would have said sell your WPP when the share price went from 2p to 4p stating that WPP were over valued.

WPP stand at pounds and pounds with a billions MKT CAP

This is of course the true magic of Sir Martin Sorrell who will do the same at DERR in my view but this time within 5 to 7 years only!!!!
Posted at 16/9/2018 13:44 by kenmitch
Worth a reminder about how well a cash shell can do with big name backing? Here’s a link to an article on Knutsford, also with Nigel Wray backing. They raised cash worth 2p and the share soared to a crazy £2.....before eventually falling to next to nothing again. So Derriston share price unpredictable, but just because the price looks expensive, as Knutsford example shows, with big name backing, it can go to crazy heights. Whether the gains are held obviously depends on the success or otherwise of future investments.

Knutsford bought a dud and share had already fallen from £2 to 80p ahead of that duff buy. Have a hunch Sorrell could succeed so bought a few on Friday.
Posted at 16/9/2018 10:52 by cabster
Times Article

Shares in the cash shell behind Sir Martin Sorrell’s new vehicle rose almost 50 per cent at one point after they started trading yesterday afternoon, highlighting concerns that the market for its shares would be volatile before a planned reverse takeover.

The UK Listing Authority is understood to have initially blocked the relisting of Derriston Capital — whose shares were suspended in May when the reverse takeover was announced — because of concerns that there would be a false market. This is because the share capital of Derriston will represent less than 1 per cent of the enlarged group once a reverse takeover by Sir Martin’s S4 Capital is completed.

However, in an abrupt change, the authority lifted the suspension of trading yesterday afternoon.

Investors sent Derriston’s shares up sharply. They closed up 4½p, or 40 per cent, at 16p. More than 8 million of the 25 million shares in issue in Derriston have already been traded.

Sir Martin, 73, turned WPP from a wire basket maker into the world’s biggest advertising and marketing company over 30 years in charge. He left WPP in April after an investigation into his personal conduct. He denies any wrongdoing.


He is using Derriston to build his “next generation” advertising company. Derriston is due to seek shareholder approval on September 27 for the reverse takeover of S4 Capital, the vehicle for the new advertising venture.

In a statement yesterday, shortly before the suspension was lifted, Derriston warned there “can be no guarantee that the outstanding conditions” on the acquisition will be satisfied.

Sir Martin has put £40 million into S4 Capital and raised £11 million from fund managers.

The UKLA declined to comment.
Posted at 14/9/2018 14:10 by cpap man
Should be a fun next week or so with lots of volatility plus mega volumes traded at DERR

And of course a likely strong rising DERR share price!
Derriston Cap. share price data is direct from the London Stock Exchange

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