D4t4 Solutions Share Discussion Threads

[aishah] 27/12/2017 21:13

Ok, encouraging GHF. I'm keeping it on watchlist. Lots to do in H2 here imo. Need to keep these contracts coming regularly. A general market correction will hit hard imo.

[eagle eye] 27/12/2017 14:27

Good rise so far today, currently 134-144p + 13p.
MM trying to not look keen but they are.
The online quote on the bid is currently 140p.

[glasshalfull] 27/12/2017 11:48

As AISHAH points out, no numbers this morning with today’s RNS.

However, I’ve been watching closely, especially given the fact that following the weak H1 & share price retrenchment, we’ve witnessed considerable Director buying. Over £400k worth at the last count.

finnCap also retained their forecasts at the end of Nov indicating that management were v confident of achieving £18.5m turnover & £5.1m PBT in H2 to meet those forecasts.

They noted,

“...whilst this weighting is beyond most businesses, D4t4 has a swift delivery process; licences are booked on signing and it takes 6-8 weeks from a project signing to delivery.

It has an impressive pipeline (est. at 3x or 4x the 14 deals in closure) and strong drivers in data collection and management (2 large deals are compliance-driven) as well as a blue-chip customer base; most of the 14 contracts follow on from existing business.

We understand c.£3.5m will be closed by the end of this month, with £15m visible.”

——-

This morning’s announcement confirms the company are on track, with finnCap further noting that should D4T4 book 80% of the 14 major contracts in final stages of agreement - let’s call it 11 contracts - over the next four months, this would see D4T4 deliver on expectations.

In other words, 4 major contracts down and 7 major contracts still to go.

Hope this assists.

Disclosure - Bought back in today.

Kind regards
GHF

[napoleon 14th] 27/12/2017 11:20

Obviously going in the right direction. Keeep holding - I have.

[aishah] 27/12/2017 07:28

No numbers though.

[bigbigdave] 27/12/2017 07:12

Contract wins "has converted four significant opportunities from its strong pipeline of potential business"

[ggbarabajagal] 20/12/2017 12:23

Take off after dir buying

[spreadsheetsteve] 18/12/2017 11:44

I've just been reading an article about Roger McDowell. He's a non-exec director and recently bought 200,000 shares and now has 1,550,000. He doesn't sound like the sort of man to throw away that sort of money, so must have confidence in the current management line



He spent 23 years working for the family pipeline distribution company, Oliver Ashworth. Its turnover increased from £1m to £100m. Then Roger McDowell brought in private equity, floated the business in 1997, and the following year Saint-Gobain, the French building products group, made a generous takeover bid. “Saint-Gobain offered me a very interesting divisional job,” says McDowell. “But it’s difficult to go from being an entrepreneur to working for a big organisation like that.”
That is why the Mancunian started looking for a new business to invest in. “It was the dotcom boom,” he says. “We were looking for good value opportunities because fund managers behave like sheep and were bailing out of ‘old economy’ stocks. We wanted to find something private and run it and we found five or six companies.
“It was lucrative — but it did not get me a day job. However, in several cases it got me a job as a non-executive and I discovered that I really liked that.”
So that is how McDowell went plural. By buying shares and sitting in the boardroom he could keep a close eye on his investments. But when he bought into Avingtrans in 2008 his involvement had to be greater. It was a highly geared engineering company in need of funds to expand. A month after joining the board, McDowell became chairman, replaced the chief executive and raised enough capital to finance a Chinese start-up as well as to see Avingtrans through the coming recession.
Since then he has refocused the company, selling the Jena Tec spindles operation in 2012 for £14m and using the cash to expand the Sigma aerospace division — selling it last year.
McDowell’s motto is “pinpoint, invest, exit”. “Exit is part of our formula,” he says. “Most companies invest for perpetuity; we regard ourselves as being here in perpetuity, but not in the same businesses.”
McDowell’s stake in the company is 8.7% (with his brother’s pension fund holding a similar stake) and the cash-rich Avingtrans is now focused on the energy and medical sectors.
The company’s shares have increased sevenfold since he joined. The 61-year-old describes himself as a lapsed entrepreneur, but still sits on the boards of eight quoted companies. “I think that’s the maximum,” he says. “It means having a very organised diary. I miss very, very few board meetings, so there needs to be co-ordination between the boards I sit on.” Holidays are harder, however, even for a keen skier. “Finding a window of a week, never mind a fortnight, is almost impossible.”
Switching between companies keeps his brain agile. “You need to move nimbly from one to another, but the more you do, the better you get.” And having three younger children as well as an older family keeps him going too. “The reason I work so hard is to demonstrate to them the work ethic. I spent my early life working on building sites. Working keeps me mentally active and young. But I do it because, for the most part, I enjoy it.”

[gerdmuller] 15/12/2017 11:04

Correctamundo! Oh Happy Days!

[rcturner2] 15/12/2017 10:39

GM, or just wait for the finals to see the truth of the matter?

[gerdmuller] 15/12/2017 10:14

This is all down to if you believe management when they say they are confident of achieving full year expectations.

If you do these would then be on a PE of 11.5 and a PEG of 0.5. A very low valuation if what they say is correct. They have backed this up with big buys as above so they stand to lose out as much as anyone. They also plan to buy back shares.

If you don't believe that story then you would need to estimate what further downside there is after much of that could have already been priced in.

[rcturner2] 15/12/2017 09:34

Val, in the 6 months just completed this company made a loss.

Let's wait until the final results before we claim this is "way undervalued".

[vatpaul] 15/12/2017 09:16

sells under the price

will go to 100p imho

[ali47fish] 15/12/2017 07:49

your comments val anf gerd were too late for me

[gerdmuller] 14/12/2017 23:37

And the fact that directors have recently bought over 300k shares above this price is also positive. Mms mark this down on very low volume.

[valhamos] 14/12/2017 22:38

The opposite in fact; increasing return on invested capital (currently 30%) with decent growth low P/E and 2% dividend yield - looks way undervalued imo so added today.

[ali47fish] 14/12/2017 22:33

sliced my holding to the boneds if it comes good i will add at the right time i hope!very disappointing

[arthur_lame_stocks] 14/12/2017 19:06

This company is horribly overvalued imo.

[dave2608] 13/12/2017 16:13

Now you would think that today is an opportune time to implement some of that share buy-back programme.

[ali47fish] 11/12/2017 09:14

is the anoouncement about the buyback good news?

[eagle eye] 05/12/2017 15:58

D4T4 is actively recruiting with several key vacancies in the US:

[aishah] 03/12/2017 13:25

Techinvest recommend a Weak Hold and set stop loss at 100p.

[karadas09] 03/12/2017 12:38

@Dibbs - I also sold up first thing on the 28th, at a price that protected my initial capital. My big concern here is not so much the H1/H2 disparity which happens on a number of shares I hold, but the fact that this 'jam tomorrow' story seems to be a trend. In the full year results commentary for March 2107 the drop in Projects revenue was explained as such
"the American presidential elections caused nervousness within our American client base, with both existing and new clients wanting to see what the outcome of the election would mean to them before committing to new major projects. We are able to report that these concerns appear to be easing and confidence is returning, and those delayed decisions now appear to be moving forward."
Now reading the HY results there is a lot of talk of contract negotations progressing, Proof of Value intiatives, but much less of any substance in terms of confirmed contract wins. This makes me very nervous as an investor, particulalrly as the IT software/projects market is perceived to be very bouyant just now, something I can confirm as I work in the sector. Should this appetite for investment decline, D4T4 seem to have insuffucient recurring revenue to protect them from losses.
I note the director buys in the past few days and if I were still holding this would give me some comfort. Good luck to those holding here.

[dibbs] 01/12/2017 17:35

I sold the shares that I held first thing upon the RNS on the 28th. It's possible that the company is now being entirely straight, H2 will be great and FY expectations are met. However, more often than not in a few months there will be a trading update flagging up further slippage and the shares will be hammered.

This last RNS gives them absolutely no wriggle room at all so for me the odds of a FY warning are much too great.

Hopefully for those who remain invested I am wrong. I certainly won't be the first time!

Dibbs

[wjccghcc] 30/11/2017 16:45

The thing that irks me is that there was no mention of a drop off in project work in the Final results at the end of June. They implied that it had picked up after a weak H2 when it's clear that it didn't.

Contrast that with Latham who made it very clear that margins would be lower in their first half due to increased import costs and so their H1 results were not a surprise today (at least not to me).