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DTK Dmatek Ld

210.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Dmatek Ld LSE:DTK London Ordinary Share IL0010830052 ORD ILS0.01
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 210.00 0.00 01:00:00
Bid Price Offer Price High Price Low Price Open Price
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
  -
Last Trade Time Trade Type Trade Size Trade Price Currency
- O 0 210.00 GBX

Dmatek Ld (DTK) Latest News

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Dmatek Ld (DTK) Discussions and Chat

Dmatek Ld Forums and Chat

Date Time Title Posts
24/10/201519:57Tagging the World?1,368
10/5/200722:53DMATEK - Here come the profits...742
02/4/200700:03DMATEK CHARTS ONLY7
18/7/200616:21DTK with Charts & News2
04/8/200510:43Dmatek - Shares 35p. Cash 36p. Profitable business valued at Squat!43

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Dmatek Ld (DTK) Most Recent Trades

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Dmatek Ld (DTK) Top Chat Posts

Top Posts
Posted at 06/7/2015 22:31 by gleesonmatt
I have Just found my dmatek share certificate. How do I get the money for the shares
Posted at 17/6/2009 15:58 by holts
Thats a pity as my information is direct from DTK themselves and I intend to batter them over the head with it , I do not expect silver service with their cheap dealing etc but I expect the truth and a remote level of competence.

extract from correspondence below:

Whereas Selftrade indeed filed and claimed teh cash on behalf of many of Dmatek shareholders, Capita had to reject the forms as many of them were not filled right. Selftrade would now need to resubmit the ones that were completed correctly with a new Letter of Surrender for an amended total amount of shares.
Their administrators are in touch with both myself and capita to ascertain teh most efficient way about it.

It is encouraging that your name is not on the queried forms list, yet I have not seen anything in respect to the filing so I am reliant on what Sleftrade and Capita advises.
Posted at 11/6/2009 10:49 by mctmct
Anyone looking for somewhere to put their DTK proceeds could do worse than look at REDT. Results out today and the share price is up over 60% as I write.
Posted at 06/6/2009 10:29 by mctmct
I asked Barclays how many of their clients held DTK (so that I could judge whether their excuse that it was too much effort to carry out a preliminary scan of the forms was credible). This is their response:

"Due to business confidentiality I cannot disclose how many of our clients currently hold shares in Dmatek and the decisions for dealing with this Corporate Action were taken as a business decision, which took into consideration the costs and time needed for processing this Corporate Action. As the batches are returned these will then be sent back in smaller batches, depending on how many incorrect forms are included in each batch. This decision was made so that we did not disadvantage our clients who did complete their forms correctly by then re-submitting new batches.

Barclays Stockbrokers are an execution only broker and therefore we are not qualified to know what was correct or incorrect on these tax forms. Therefore, we could not have checked these before submission. Further complications have then arisen as the registrars will not return the incorrect forms due to postage costs, therefore we arranged for a courier to be sent to pick these up so we could then learn what errors were made on these forms before returning them to our clients.

I'm pleased to confirm your form was completed correctly and has been re-submitted to the registrars, therefore we are expecting payments to be delivered soon and we are currently chasing the Registrars for an exact payment date."

The business confidentiality argument is just another way of saying "we don't want to tell you". It can hardly benefit their competitors to know whether they had 100, 10,000 or a million DTK investors.

If it's true that Capita have added to the delays by refusing to post back the batches of forms, that's another aspect of this fiasco that the regulator needs to examine.

I wonder whose account has held all the unpaid cash for the past weeks?
Posted at 19/5/2009 11:03 by mrwoo
GerdMuller - just wondering: did Barclays tell you in writing that they had your forms, or was this over the phone? If the latter, did you feel confident that the person you were speaking too had really checked your account history - or could it be that he/she was just saying that they had had lots of forms in and had already sent them off? Not meaning to be unnecessarily suspicious, but you were given the wrong information (over the phone?) before and I am a bit concerned that Barclays have twice failed to tell me in writing that they did (or didn't) get my forms. Also, I wonder why Barclays were even bothering to send some of the forms off, when they insist that there can be no money for anyone until all of the forms have been received?

FYI, the key extracts from my e-mail from Barclays are:

1. "Dmatek will not send us payment until they have received all the tax forms for our clients .... the deadline they have given to us is September"

2. "[I] confirm [your] payment cannot be credited until the payment is received from Dmatek"

So, if DTK won't pay out without all the forms, and if Barclays won't pay out until DTK pay, then the strictly logical (though crazy) conclusion would seem to be that there will be no pay out unless every single form is returned by September. Or, at least, that is the line which Barclays is taking and expects its clients to accept. FWIW, I have sought an assurance that Barclays is taking urgent action with the other parties concerned to resolve this ludicrous situation, but I have had no response as yet.
Posted at 29/12/2008 19:06 by glluckett2
I am a small shareholder in DTK and at 215p will show a profit on my investment of 81% and so I am in no way disappointed.
However, in March 2000 the DTK share price got up to 330+p. At this time the published t/o was £6.3m, the eps 6.2p and the profit £1.05m.
The forecast t/o for 2008 is £31m, the eps 16.77p and profit £4.43m.
Is 215p therefor a good offer? Or am I being naive ?
Posted at 26/11/2008 19:50 by eagle eye
Well said Elmfield, solid stuff.
Historically, I've looked for companies on a prospective PER of 10, EPS growth rates of 15-20% with cash in the bank and decent cashflow.
Currently its PERs of 5, with the same EPS growth rate, cash in the bank ditto.
The main problem in this market (other than market sentiment) is whether EPS forecasts will be achieved. If they are, then the share price remains static. If they are not, then be prepared for a sell off. Its sort of heads you don't win, tails you lose.
DTK has recently had earnings upgrades of 25% and 32% respectively for this year and next. It also has over 25% of market cap in cash.
Other than selling out completely in this market, I believe DTK offer solid value.
Best Wishes to all DTK shareholders
EE
Posted at 07/10/2008 20:37 by cellars
A share price of 250p does seem reasonable.
My detailed forecasts for Dec 08 and Dec 09 are, for a change, in line with the broker forecasts. Put them on a c.30% tax charge (one way or the other DTK will eventually pay tax on profits derived from the USA)and, conservatively, we have EPS of 14.25p for 08 and 16.75p for 09. Underlying market need and growth and acquisitions based on strong cash position / balance sheet / trading model, and what looks to me like a good managment team, suggest EPS will grow at in excess of 15% p.a. the following 5 years. A share price of 250p would give a PER of 14.8 for 09 and the magical PEG of 1. Wonderful value for the buyers, good for recent holders, but long term holders may not be ecstatic.
Wouldn't add anything to the 250p share price for the cash because that will be needed to execute the growth targets which justify the 250p share price.
I too am suspicious that in the circumstances there is an unusually large line of shares on offer. What could be going on? Perhaps some one is worried that interest in the shares could deflate again if there is little trading activity? Could this approach be an effort to smoke out a trade buyer? Let's watch this space.
Posted at 03/9/2008 11:37 by gerdmuller
WE ARE IN A BEAR MARKET.

I am only glad when I see some of the comments on these bbs that management is running this co and not some of you people.

Management has created growth through exceptional cash flow creation and in so doing been able to expand though acquisition and organic growth. This has worked extremely well and yet all we seem to get is a call for dividends or the hope that the company is acquired.

Please tell me where you will get a better potential return in the next 5 years with the proceeds of a takeover.

What is the point of a growth company paying a dividend and then immediately diluting earnings by issuing more shares to make further acquisitions?

On PEG factors, you don't like or use them. Then what valuation yardstick do you employ? I never here any advice on this.

You are saying that you don't consider either past and potential earnings growth or the pe ratio of much value.

This was often the argument during the dotcom boom. Established valuation tools do not matter was the cry. A company can trade on a pe of 100 and a peg of 4 because times have changed. A peg of 4 is the new 0.5.

Well I used them then and that is why I made money while others were wiped out. We are now seeing the inverse of this argument because we are in a bear market.

There may be a lot of companies on pegs of 0.5, we are in a bear market.

PEG factors should only really be applied to companies which are true growth cos and have demonstrated eps growth of over 20 per cent per annum in the past 5 years. DTK has far exceeded that and is on a forward pe of 10. Of course estimates may not be met but that is why companies share prices are so depressed. If you want certainty then put your money in the Northern Rock.

I would like to know which other companies have the eps track record of DTK and the same potential market growth and possibly will be hit less during a downturn. I would welcome advice on similar companies on this valuation which are traded on the main London market and not AIM.

Of course the price may fall but there is no need to watch the share price on a minute by minute basis. Eventually price converges with fundamentals and this has gone from a very extreme valuation a few years ago when eps was low to a low valuation at present.
Posted at 30/8/2008 10:45 by elmfield
David Schwartz: The headlines don't always tell the story
Published: August 29 2008 18:39 | Last updated: August 29 2008 18:39

Short-term traders often monitor breaking news stories and sudden price movements in order to anticipate what lies ahead.

But, sometimes, a better approach is to ignore headlines and big price swings. We appear to be in such a position right now.

The FTSE 100 rose 135 points the Friday before last, just ahead of the bank holiday weekend. The main news on that day was that the UK economy had shuddered to a halt after 16 years of growth. A rally of that magnitude is not the reaction one would expect from such dismal news.

Shares then turned tail and fell 136 points the following Tuesday morning when traders returned to work, completely reversing Friday's gain. Some commentators claimed the trigger was worrying developments in the US financial sector.

I found their analysis hard to swallow. Why would the UK stock market fall 2 per cent in a few hours on information that had dominated the front pages for the last 14 months? It is worth noting that the main indices clawed back virtually all of last Tuesday morning's losses by the end of the day.

For a clearer picture of what is going on, it pays to ignore individual daily price swings and look at the broader trend. Indices such as the FTSE 100 have been zigging and zagging sideways for the past five weeks.

I have no complaint. Trading ranges please short-term traders like me. They provide clear-cut guidelines about where important support and resistance areas are positioned. These are useful reference points for trading purposes.

But support and resistance lines, by themselves, do not provide me with clear-cut advice on what action to take regarding specific shares. Good judgment is also required.

Regular readers may recall that I recently purchased shares in Dmatek. The company is leader in the electronic people-monitoring technology industry. Its products are used in law enforcement and elderly care business segments in the US and Europe. I bought the shares at 104p on July 15 on the strength of an optimistic trading statement. The price has risen almost 40 per cent since. The latest leg of the rally was triggered by last Tuesday's interim results showing a fivefold increase in first-half profits.

I have little doubt that a weak prior-period earnings report enhanced last week's whopping increase. Even so, the flurry of early morning buy orders as the Footsie fell 136 points told me that some traders were caught by surprise. I now face a hard decision. Should I take my money or gamble on further price rises?

On the positive side, Dmatek has fine long-term prospects because electronic monitoring is the way of the future. And the left-hand chart below shows the share price has just penetrated a well-defined resistance line after a slew of failed attempts since mid-July.

But it's not all good news. Dmatek's recent gain would be classed as huge in any circumstance. So, the share-price performance of the past six weeks may prove as unsustainable as it has been sweet.

The second chart highlights another concern. Note that Dmatek shares rose by more than the FTSE 100 in each of the last five short-term rallies. Unfortunately, the shares typically peaked before each Footsie rally ended and fell by more than the Footsie on each retrenchment.

I worry that the broad indices will soon turn down. If Dmatek follows past form, its shares are due for a big dip as well.

For the moment, though, I sit and watch. I moved my stop-loss level up to a whisker below current levels. Any short-term dip will be my exit music.

The trouble with this stance is that I risk being whipsawed as marketmakers briefly lower prices to shake out nervous traders. There is nothing more frustrating than seeing prices rise moments after clicking the sell button. Whoever said short-term trading was easy?


Stock market historian David Schwartz is an active short-term trader. Send any comments or suggestions to tradersdiary@ft.com
Dmatek Ld share price data is direct from the London Stock Exchange

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