1ST Dental Laboratories Share Discussion Threads

[spaceparallax] 11/2/2009 14:00

Whilst today's TS is a disappointment, it's not all bad. Certainly pleased to see a 10% reduction in debt.

Seymour P have downgraded to hold with a TP of 5p, so no doubt we'll see a little further share price erosion to around or just below the 4p mark as PIs sell up on the news.

All said, probably remains a reasonable long-term prospect, but certainly not topping up yet.

[mryesyes] 16/1/2009 21:33

They are proceeding with the 8p bid. See the twitch up today. Why else would FDT firm so much today?

[troyzgod] 27/11/2008 21:27

Is it a surprise to anyone what is happening here?
T/O has been decresing year on year.
Results this year will be of interest.
Next week could well be the straw that breaks the camels back.
As I said earlier I expect to see a significant streamlining programme, more work to go to China. And scaling down to 3 or 4 big factory labs in England.
I do not consider 1st dental to be dealing in the priavte market, the aim has to be pile high sell cheap.

[pugugly] 27/11/2008 08:30

Offer talks terminated. Sorry for all who still hold. Next stop ??

Debt too high and declining t/o. Private dentistry will probably suffer due to the credit crunch. (imo & dyor)

[troyzgod] 11/8/2008 21:44

The rumour is another Dental company. Unlikely to be another Laboratory group though as 1st are somewhat bigger than thier rivals, and with the position the company is currently in....... loosing money and quality workers, it would be hard to see a Laboratory group in the picture. But then 1st did take on Benchmark, which is part of the reason they are where they are.
Could be a Dentist group wants an in-house laboratory set-up.
Or could be a Dental supply company trying to compete with the cheap foreign work?
On would guess however in is there will be a significant streamlining programme and 4 or 5 maybe even more labs will go.

[muffinhead] 11/8/2008 17:23

Unless this is a cash buyer, the banks are unlikely to lend at 8p in the current climate after due diligence process

Anyone know who the mystery buyer is

[troyzgod] 06/8/2008 14:43

Good news for some!
But if there is someone about to take this one on
I am sure there will be some casualties on the way!
Not all the sites are profitable!

[spaceparallax] 06/8/2008 13:49

Voila,

God how news leaks like a sieve!

[pugugly] 06/8/2008 13:20

nickduke; Agreed - Since my first conversations with the officers of the company I have been very cautious and never risked any funds.

I am not sure I would want to buy the whole company - even at the current valuation - Will be interested to see how it develops.

e&oe.

[nickcduk] 06/8/2008 12:19

Blatant insider trading over the last few sessions. It really wouldn't be difficult for the FSA to catch who was behind it. The sums are tiny and yet the insiders are still happy to go for it because they obviously believe no one will bother catching them. This is where the clampdown needs to start and then possibly AIM reputation might begin to improve.

8.5p would be a decent result for shareholders. Management have screwed the company up for a long time now. I would just be glad to be shot of my holding. Another AIM stock where management have misled investors about what has been going on. Its disgusting.

[troyzgod] 06/8/2008 09:23

I will wait till the half year results come out to pass judgement!
Interested to find out what the one off business disruption was too!

The rumour is though that things do not look good within the company.

Price rise could be someone knows of an impending sell off?

[spaceparallax] 05/8/2008 15:08

something appears to be encouraging the share price recently.

[spaceparallax] 07/7/2008 12:04

I'll need to see the figures before passing judgement on the future for FDT - whilst expectations may not be met, if they are profitable and have a sound cash position then there's no reason why they shouldn't survive.

[troyzgod] 06/7/2008 16:13

This has been a broken business for some time.
The original model was forsaken, for the stack it high sell it cheap style model. This did not suit the workforce, the decent ones moved on and opened up in competition.
The Chairman has made the wrong choices time after time, complete lack of understanding of the business.
I do not see any chance of recovery, this company is on it's knees.
And in the current financial market people will be saving money not spending on having teeth done (historicaly always one of the first hit!)
This type of business is completely reliant on quality staff, but 1st dental have done nothing to keep the ones they had, and consequently will not be able to attract new ones.

[cockneyrebel] 06/7/2008 11:51

30K that I sold after Troyzgod's post Hatetrader so don't cry too long for me :-)

How's AMU doing? And TND and all the other carp you're holding?

CR

[topvest] 06/7/2008 08:45

This business has failed operationally since listing on AIM which is a very poor record. I would go with the "broken business model" view.

[pugugly] 04/7/2008 11:52

Value at 6p bid now £2.5m PLUS DEBT. rns suggests (implies) still significanly loss making (if not then in my view very misleading) so I cannot see a VC being interested at any price.

Anyone believe a change of management could turn it round - or is it a broken business model??


Space> In full agreement with your above comment - Hence my query re management

[spaceparallax] 04/7/2008 09:28

IMHO, a very unhelpful RNS - better to be clearer on any problems than refer to ambiguous disruptions.

[egoi] 04/7/2008 08:01

One of the most evasive statements imagineable in my view. A stock easily avoided imho.

[pugugly] 04/7/2008 07:53

Today's rns from bad to worse. Loss of 12% of turnover. No forward clarity (imo) Chairman is in a very difficult position as shareholder value seems to keep sliding away.

[troyzgod] 28/5/2008 12:12

Finance Director Emma Towers went early this year. Strangely no release?

[cockneyrebel] 27/5/2008 21:10

We'll see, director changes a year ago - it usuall takes a year to 18 months to se changes really work.

Directors all got 550K option a little while back.

Yep, no RNS so I don't thgink the directors have bought unless they announce it tomorrow.

I wouldn't have a shedload in here but it looks a dent punt for a small bit of money after the last results imo.

CR