Daniel Stewart Securities Share Discussion Threads

[lr4850] 24/2/2014 16:42

Good Luck if you do. I won't be punting any more as any profits seem to go straight into the directors pockets.

[senor_sensible] 24/2/2014 16:32

hxxp://www.danielstewart.co.uk/Home/News__developments/default.aspx

been fairly active recently, brokers fees for lastyear might dwarf the market cap of 1.8Mil (a few times over)?

Might be worth a speculative punt.

[nod] 23/2/2014 03:22

I had forgotten that DAN is no longer a joint broker to QPP. They were dumped by QPP in January 2012.

[lr4850] 22/2/2014 20:30

They got rid ages ago and at the bottom and pi's don't even know when , how much or where the money went apart from it going into the pockets of the dirty rotten scoundrels.

[nod] 21/2/2014 19:00

The volume of trades on QPP has been at astonishing levels over the past month. If DAN has been involved it may have earned some revenue.

[lr4850] 18/2/2014 21:08

Not a fair comparison with Donald Duck. He was never crooked and bent like Wilson and O'Shea are.

The website has a link for Mena, but this doesn't exist nor ever existed. It was a way of giving Wilson money so he could buy the restaurant.

Donald never treated Pluto that way.

[loverat] 18/2/2014 20:47

I think it must have been about 2006 when I was looking at these. I might have even bought them and sold later. I think there is no doubt that much of the deterioration since then is down to the management. You might be forgiven for thinking that if you had appointed Donald Duck as CEO, that the company would have performed better. It almost would seem that the destruction here was the objective all along.

[lr4850] 18/2/2014 20:05

Not forgetting that "high worth individuals" trust them to invest their money. More fool them.

Thank goodness I did, and am doing well, out of QPP even if DAN didn't/hasn't.

I am lost for words. How ever did they get to 20p?

[loverat] 18/2/2014 20:00

You might think that DAN would be a reflection of an improvement in fortunes. I am sure I remember these at about 20p. This is rather like ASOS in reverse.

[nod] 18/2/2014 19:50

Yes, a good point. DAN shareholders would have been better off if DAN's executive had done absolutely nothing over the past few years. Strange but true.I don't know how AIM has performed overall but AIM100 is up nearly 19% over the past 12 months. Business confidence has improved and listed companies are raising funds to grow. Investor confidence appears to be at its highest for 6 years and there is appetite for investing in well-run small companies. Sadly that would exclude DAN of course :(

[kooba] 17/2/2014 15:12

If only they had shut up shop and kept the quindell position!!!Seems the IPO market has opened up again and most corporate boutiques are making hay....seems very quiet at DAN ....Good to see there is support ...fell on a grands worth being sold.

[lr4850] 28/1/2014 22:00

Shows you how good (NOT ) DAN are in terms of their own investments. They sold their QPP warrants (although when and how much they kept from us). They have the effrontery to advise "high worth" clients with their investments. Pile of pooh, and yes, Mr O'Shea where did the money go and where was the announcement? Good time to sell, was it not? PS you also have broker notes on QPP with target prices which again you did not follow yourselves.

[lr4850] 12/1/2014 18:44

He gave us a nice (NOT) Christmas Eve announcement that went under the radar of the market thanks to the strategic timing of such.

[kooba] 12/1/2014 14:07

Well we know what mr o'shea was giving people for christmas!!! Yeah cheers Pete ...just what I always wanted!!

[lr4850] 09/1/2014 08:17

O'Shea so confident in his company that instead of buying more for his family, he redistributes some of what he already has. Does not inspire confidence at all that there are any positive prospects here.

[lr4850] 30/12/2013 22:03

Interesting.

Akers announcement back on web site with different date and lesser figure raised? Also another Valirx fund raising ? :-)

[lr4850] 30/12/2013 16:02

Hi Nod.

So it looks like a cheap MBO then?

[nod] 30/12/2013 15:29

In the recent interim announcement DAN reported asset sales had reduced assets by 3.1 million since sept 2012. This appears to be a source of funding."we realised approximately GBP2.5 million during the 12 months to September 2013, from financial assets held, reducing our net asset position to GBP2.8 million at the half year." -- Net assets at period end: GBP2.8 million (GBP5.9 million at 30 September 2012).

[nod] 30/12/2013 15:15

As previously discussed...For three years in a row Rockridge has loaned cash to DAN in the form of a convertible loan. Rockridge then converts its loan to shares and has grown its shares to 46 million at March 2013.Annual Report March 2013 page 37"Rockridge Investments SA a major shareholder of Daniel Stewart Securities plc, the parent company has advanced £225,500 (2012 : £225,000) to the company in the form of a convertible loan."Page 9Rockridge Investments (2013) 46,000,000 (2012) 40,000,000I have not yet found any record of the terms or when they were converted to shares. Google doesn't appear to find any RNS relating to these transactions.

[lr4850] 30/12/2013 12:32

Don't think they would be able to raise any money from instos, so MBO most likely IMHO. There is an ulterior (self interest) motive for Shea buying shares.

[windass] 30/12/2013 12:22

@lr4850

Either that or six months until another rescue fundraising

[lr4850] 30/12/2013 12:20

Shea getting ready to fleece personal investors with MBO and shaft us totally - just like Evolve Capital did.

[dewtrader] 30/12/2013 12:16

Operating (loss) / profit (972,172)

[lr4850] 30/12/2013 10:29

Don't know how it can be an IT issue? It was there for several days then gone. Read the Akers RNS and it seems DAN being paid in shares not cash so it can easily disappear like the QPP warrant sale monies.