1ST Dental Laboratories Share Discussion Threads

[silverfern] 03/4/2007 20:12

Do you resign from a company that you have led that is apparaently turning the corner in order to effect a positive change? Does the Board then appoint an FD to run a company if finances are not an issue? Or does the Board say 'we are so good at business - look at our past record - we have no need for anyone else out there who knows how to be a chief execuive officer...because we've had a 'ing review'?? I doubt this move heralds great things. DYOR etc

[troyzgod] 03/4/2007 19:31

There is also strong rumour of further closures.

[bbbb] 03/4/2007 10:28

space//lax: just general sentiment.

[pugugly] 02/4/2007 21:18

jaguarboy:> Agreed probably tax loss selling but not much sign of buyers - be intereesting to see if it continues to drift tomorrow as cannot see a strong incentive to buy -too much goodwill and departure of top executive creating uncertainty an dinvestors do not like uncertainty when there aremore positive opportunities with less risk attached. (imo & dyor etc)

[jaguarboy] 02/4/2007 15:48

Could it be some CGT planning? Coming to end of tax year and losses on FDT could be realised? Just hope the investors come back in 30 days!

[spaceparallax] 02/4/2007 15:29

10% down - never nice to see.


BBBB,

are you referring to any specific matters or posts relating to general conjecture?

[bbbb] 28/3/2007 20:46

see previous posts

[spaceparallax] 27/3/2007 16:13

Nasty dip - wonder why?

[troyzgod] 15/3/2007 17:20

I can't see this as a positive step forward. You are loosing a man with massive knowledge and insight, whose replacement is a finace bod, where will the direction come from now? I can't see that this will be good for anyone.
And as the assumption is he was pushed out what will he do? Go to a competitor.....Ouch! Someone could have just commited comercial suicide!

[bbbb] 15/3/2007 16:27

but if that were necessary, some earlier assumptions
may have been wrong. it's a big step.

[adam7] 15/3/2007 15:40

My reading of this would be that the MD was either not up to the job or simply thatthe "accountants" ie finance officers have taken a grip/control with the rest of the boards backing and are reducing staff from the top down. Good for the company and shareholders - who knows - time will tell. But apparently outlook "positive"!

[bbbb] 14/3/2007 15:33

sometimes it can be a teaser to figure if such events
are necessarily bullish, bearish or neutral in import.

[pugugly] 14/3/2007 10:01

MD resigns - Statement very vague as to why - Do not intend to repalce -

any views from those who follow closely or have spoken to him in the past?

[sir christopher] 26/2/2007 16:21

My Dentist tells me that he does not want a personal service. With less staff and more patients to see what he needs is a quality, efficient and most importantly a competitive service. He recently changed to 1st Dental and providing the quality remains good he is unlikely to change back to his previous supplier.

FDT have had a bit of a rocky ride but I believe that we can expect to see the shares back up to 30p+ in the short term.

[bbbb] 25/2/2007 14:39

troysgod has said it. if this industry were optimal for the big lean mean rationalisation approach with continual volume and profit growth it would have been done thirty years ago - and lasted - along with the cutting face operators who deliver the product to the consumer.

it remains a highly personal people business where a brand can sometimes help
but is unlikely to substitute for the exellence of the individual. There's still scope, of course, with the traditional 'management cycle,'
promise, hope, success and disillusion and there's a ride to be had if one can
catch the moment.

but it may revert to type, with eventual new competition from retrenched workers setting up afresh and, in the nature of things, being given a try by customers looking for what they once had, bespoke one to one.

from the investors' perspective a short-term gain is always attractive but potential for this should not be confused with a risk free perpetual money making machine.

[adam7] 24/2/2007 17:40

High turnover does not necessarily mean lower quality. But delivering to more Dentists in private practice should mean better margins. I for one believe FDT are on the right track and given time will deliver to shareholders.

[troyzgod] 24/2/2007 10:39

More private work means better quality work. More demanding Dentists, more individual work. Can 1st deliver on this. I think they are set up for high turn over work. Do they have the quality of workforce to deliver on ths.
Sorry guys but the smaller niche labs get my vote here, they are infinately better set up to deliver more individual work.
1000 new dentists sighned by the marketing team! how many is that per lab? 65 70ish. Not a very personal service then.
And far more importantly how many still send work.
For my money just too much spin and vaugness in the reports,( but it will get better next year). It won't. Technicians wiil soon have to register with the G.D.C as dentists do. they will have to do C.P.D like dentists do. This is going to cost time and money, who will fund this?
That's all the extra profit gone... and more.

[spaceparallax] 23/2/2007 15:02

An encouraging day for the share price

[jaguarboy] 23/2/2007 10:01

Yes, tipped as a speculative buy in Investors Chronicle today. They say more private work means better margins.

[spaceparallax] 23/2/2007 09:41

Must be tipped somewhere.

[adam7] 21/2/2007 12:50

jaguarboy. Yep - I'm with you on this one.

[jaguarboy] 21/2/2007 08:19

Considering 76% of 1st Dentals business is now private and with this shift set to continue these changes in the NHS will have less and less impact.

I disagree, the shares are trading at a considerable discount to the sector average based on 2007 forecast earnings.

[muffinhead] 20/2/2007 22:37

If you look back at trading over the last month, someone has advised their broker to pick up all loose stock up to 17p level...eg T trade today. IMO can only be someone with a direct personal interest in the business possibly the wife of a director. On the other hand there have been many sellers and without the T trades 12 could easily be retested. A long way to go yet before any improvement in the business and things could get worse if the following article is any guide....

[troyzgod] 20/2/2007 20:51

Sorry guys but I believe there are more storm clouds ahead.
It seems changes are shortly to come in for technicians.
Difficult to predict what effect, but it seems all technicians will have to
register with G.D.C as dentists do now.
But then will have to do C.P.D as dentists do....someone is going to be footing
a big bill there.....

[spaceparallax] 20/2/2007 12:19

Sp's shown good resilience after the recent news - seems to be mixed trading. No doubt we'll tread water for a while until we see some really positive news.