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CDOG Cdialogues

65.00
0.00 (0.00%)
Last Updated: 00:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Cdialogues LSE:CDOG London Ordinary Share GB00BN40HL64 ORD 1P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 65.00 0.00 00:00:00
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 65.00 GBX

Cdialogues (CDOG) Latest News

Real-Time news about Cdialogues (London Stock Exchange): 0 recent articles

Cdialogues (CDOG) Discussions and Chat

Cdialogues Forums and Chat

Date Time Title Posts
27/5/201615:40Cdialogues PLC47

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Cdialogues (CDOG) Most Recent Trades

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Cdialogues (CDOG) Top Chat Posts

Top Posts
Posted at 25/1/2016 08:09 by drdre
CDialogues plc (AIM: CDOG), the provider of mobile marketing solutions to Mobile Network Operators (MNOs), provides a trading update for the 12 months ended 31 December 2015.

Further to the announcements made on 17 November 2015 and 18 September 2015, CDialogues reports that revenues for the full year are expected to be approximately EUR8.8 million (2014: EUR9.9 million). During 2015, CDialogues operated mobile marketing projects in six countries across the Middle East and Southeast Asia.

EBITDA for the period is expected to be approximately EUR2.0 million (2014: EUR2.9 million). The EBITDA margin decreased due to lower revenue during the second half of 2015 and the continued investment in business and product development.

Free Cash Flow for the year exceeded EUR1.4 million (2014: EUR1.2 million) further enhancing the Company's cash position to EUR3.6 million as of 31 December 2015 (31.12.2014: EUR2.4 million). The Group therefore maintains a strong balance sheet to fund future growth.

Outlook

Subscription-based recurring revenues, which provide greater scalability and visibility for the business, accounted for more than 75% of the total revenues during 2015 as a whole and therefore provide the Company with a strong basis for the current year.

Furthermore, the Company has identified a pipeline of potential new projects, a number of which are currently undergoing preparations for launch in the coming months. The Board therefore believes that CDialogues should benefit from these during 2016, as the Company adds new capabilities to its product suite and widens its customer footprint.

-- Free cashflow up to 1.4m euros and cash at 3.6m euros. Outlook statement looks upbeat too. Trashed down from £3 to 60p, there is very decent upside potential from here?
Posted at 05/1/2016 13:57 by biggest bill
It looks as if the share price fall is entirely due to the 75000 sale. The steady buying since the sale has already mopped up half of the shares.
Posted at 05/1/2016 11:25 by biggest bill
Does anybody know why the share price has fallen today? Buys appear to outnumber sells by 10 to 1.
Posted at 08/12/2015 10:14 by biggest bill
If the share price stays at this level for much longer, I wouldn't be surprised at a cheeky buyout offer by the management at about 150p.
Posted at 18/11/2015 12:13 by moathunter
I bought CDOG at 85p today and here's some thoughts as to why the company appears cheap.

CDOG Market Cap £5.5m (£15m a few months ago).
Net Cash £2.6m.
P/E c.2.5
P/S 0.8.
88% director ownership, giving very little share float on the AIM and so the slightest flicker of good news and it's sky rocketing, much like Mobile Stream's (MOS) situation.
£4.3m NAV.
£3.5m net current asset value (current assets minus all liabilities).
26% operating profit margin. 30%+ RoIC.
No debt.

Reason for the recent fall is a profit downgrade. With such limited float, it's very oversold.

Can easily conservatively generate £0.7m free cash flow (Op. profit + depreciation minus capex and change in working capital). Assume it'll be trading for another 5 years conservatively with £0.7m cash flow each year = £3m discounted cash valuation of the trading business + Cash £2.6m as a non-operating asset = £5.6m and ignoring all other assets and intellectual property know-how.
So at £5.5m market cap, there's negligible downside risk and a highly profitable, scalable, cash generative, growth market upside return.

Seeming competitive advantages that CDOG has which appear to deliver such high profitability are:
# Scale economies where they do fixed cost research and development once and then sell to millions of subscribers.
# Also switching cost via mobile network’s connection of their value chain with CDOG's chain and therefore the client's reliance upon revenue from CDOG.
# Also learning curve of CDOG having a proprietary technology platform (hard to imitate) that delivers their service.

We'll see in a year what happens.
Posted at 17/11/2015 16:17 by biggest bill
I think the share price fall has gone too far. Say, for example, that profits come in at £1.2m this year and next. Now subtract the cash pile from the market cap and the shares are trading at 2 times earnings. Surely this must be too cheap.
Posted at 18/9/2015 14:23 by rivaldo
Popping in here as a non-holder - seems like an over-reaction in a VERY illiquid stock?!

M/cap is now £15.9m, yet CDOG say they'll achieve £3.2m EBITDA this year even after today's warning.

And they had almost £3m cash at 30/6.

Any opinions?
Posted at 10/2/2015 10:49 by greasynut
Thanks, that's a useful article.
It doesn't appear to have generated any interest so far though, the price continues to drift down.
I suspect that the founders will want to address the free float % at a rather higher price.
Posted at 10/2/2015 09:26 by biggest bill
There's an interesting write-up in This is Money. The link is:
hxxp://www.thisismoney.co.uk/money/investing/article-2945967/SMALL-CAP-SHARE-IDEAS-Mobile-marketing-firm-CDialogues-set-profits-grow-10-fold.html
Posted at 20/1/2015 14:40 by biggest bill
The trading update looks very promising.

I see that Mirabaud Securities has raised their target price to 343p [hxxp://www.proactiveinvestors.co.uk/companies/news/76409/cdialogues-shares-up-13-after-trading-update-broker-mirabaud-raises-its-price-target-76409.html].
According to the broker note, the company has now diversified into Oman, Jordan and Lebanon.

I think the target price is far too conservative given the growth rate and the very modest pe ratio for 2015 of less than 6.
Cdialogues share price data is direct from the London Stock Exchange

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