Datatec Share Discussion Threads

[garysmith7] 22/10/2005 01:19

Based on the above two articles online classical audio downloads were worth $47 Million for the first 6 months of 2005. Up from $13M for the first 6 months of 2004.

[garysmith7] 22/10/2005 01:14

Nice find MM....

This recent article also points to an expansion of classical music from online downloading.



I like this bit....

"This is all pure profit for us," said Mark Berry, national publicist for the budget classical label, Naxos. "There are no post-production costs - no booklet to print, no (disc) pressing costs, no jewel case costs.
"And really, it hasn't hurt our CD sales"


Another small piece making reference to the above article



1.37 million Beethovens and counting
Via ArtsJournal, a good piece by Marc Shulgold on classical downloading. Shulgold writes: "Naturally, we're not talking huge volume here: According to [Naxos's Mark] Berry, classical downloads account for only about 6 percent of the total of all music downloaded on the Internet." But note: classical music has had 3 percent of the CD market in recent years. So it's twice as popular on the Internet, and growing.

[investorjon] 21/10/2005 23:18

Good post Michael. Very interesting.

Now if only DTC owned the content it once suggested.

No seriously, very good post and food for thought, and the sort of markets that DTC should be thinking about.

I believe there is also a large Abba fan club in China now too. Nice to service the home market, but what a potential customer base there and could really change the face of DTC, even on the conventional classics that has taken a back seat to some of the Iambic content.

One good deal is all DTC needs, one good deal and the undivided attention of a CEO with credibility, who can be trusted, and whose actions would suggest it is more lucrative to build DTC into a very profitable company, from which everyone would gain rather than to use time that should have been used building DTC, to covertly start up a solely owned independent private company with no assets, not divulge it to shareholders or the CIty, nor even mention that little fact when an RNS mentioning a contract for DTC with this new company, with was apparently to control content in a venture that would otherwise be expected to be held by DTC, but in a heads the CEO wins and tails DTC loses operation....as the new private company had no assets to lose and is of course a limited company too.

Incidentally the accounts of WPM do not tend to indicate a trip to Asia, which presumably would have taken place if the venue was indeed changed from the Tsunami affected 'original' venue that never even made to the WPM website in the first place.

[michaelmouse] 21/10/2005 19:30

It's a lengthy article but worth reading.

Now what sort of company could make a fortune exploiting this mass market? I'll leave it to your own imaginations.

Have a relaxing weekend.

michaelmouse.

[michaelmouse] 21/10/2005 19:28

It's a lengthy article but worth reading.

Now what sort of company could make a fortune exploiting this mass market? I'll leave it to your own imaginations.

Have a relaxing weekend.

michaelmouse.

[jabberstocky] 20/10/2005 10:56

That is an interesting point you make IJ about never starting a programme until a profit is guaranteed, and WPM?

[investorjon] 20/10/2005 09:11

jmill: I don't doubt that CH is a nice guy, and neither do I doubt his skills, but they are not apparently skills as a CEO, but as a producer of content, rather than of profit.

Did you get the woodland?

[jmillskeel] 20/10/2005 08:49

Yes MM like how many people have a av sub 1p let alone sub .8p (last placing price) bet MD and friends are well pleased and christows and all the other placing people, as anyone made any money from DTC, well anyone?

If so would be nice to post on here, because everybody i know as lost on this share...

The whole waiting for the 2year CGT and all that is BS did that on YOO now look at it, only ever met CH once and to be far seemed a nice guy but as ever dyor etc

[investorjon] 20/10/2005 08:42

michael: The losses have increased, with the last set showing even greater losses? Probably why the share price has gone down with it. Or is it everyone including the city doesn't see what a great CEO CH is?

Sadly Michael you seem to equate success as turnover, but it doesn't matter what turnover you make if you can't make a profit on it, and in the situation of any CEO that doesn't have the skills, is just a recipe for increased losses, and whose credibility must be in question, as it certainly appears that he has upset some on this board with his claims, assurances etc., who goes off and starts a company whilst working for DTC, publishes RNS suggesting a contract, but failing to mention either that it is with a brand new company that has no assets, or the mere detail that him and his wife own it. Let alone the fact that he claimed for years that DTC owned 3,000 hours of content, which after it was pointed out, DTC under the guidance of DE then had to amend that to 3,000 owned or under the control of, but with CH at a seminar suggesting DTC only owned 100's of hours outright.

Even then when his new company was brought to attention (and not by him), some six months after the RNS, a hurried reply to this board still did not seem to tell the truth did it? Stating that not one penny of DTC monies, when a little trip to his own website showed and still shows an Iambic employee as a contact. Don't they pay employees as Iambic now?

Then we have the delays in the competition, all must be costing DTC, as they can't be costing WPM as they didn't have any assets to start with? Any other organisation would have to pay DTC a penalty clause for delays outside of the control of DTC....but we've heard nothing.

All we did hear was a pathetic use of the tsunami, with an RNS which was really about a totally separate company WPM, suggesting that the delay was from a change of venue, when provably even the WPM site only ever carried the location of Spain!

No mention in DTC accounts about whether they have or are losing money by the delay, and why has this program not followed DTCs stated modus operandi inasmuch as they state that they never even start a production unless a profit is there at the outset (£100,000?). So where is the profit from the WPM if it is guaranteed from the start, like every other production?

No sorry Michael, but I think rather than query me, you should take off your rose tinted spectacles and start questioning your aunty ch.

Ask Tom and others who have posted rather more cutting comments than I, whether they have ever received assurances, and whether such assurances proved accurate, honest or reliable?

On a different topic, I have noted in the past mention of the Nomad, as if they are the saviour of shareholders, and I just wondered if shareholders knew the function of the Nomad, as contrary to what some think the Nomad which is short for NOMinated ADvisor, is someone picked by THE COMPANY, and whose function is not really to protect the interests of shareholders. The Nomad is not appointed by the LSE.

[michaelmouse] 20/10/2005 07:59

IJ - No CH is not my Aunty. LOL. What I have tried to do is to add balance. The performance of DTC has been improving steadily in the past three years. The decline in the share price over the past 12 months encompasses many factors.
In addition if shareholders have been acculumlating stock recently then a potential takeover will prove very lucrative.

[investorjon] 19/10/2005 22:59

Michael: just for the record I have no personal vendetta against CH, only against incompetency and those giving out inaccurate reports to encourage shareholders that do not seem to follow the assurances.

You will see if you looked that on many occasions when others have talked about getting rid of CH, I have said what a bad idea it is? Hardly a vendetta that is it?

But if CH falls into the category of incompment liar, then I suppose if the cap fits....etc. etc., and judging by posts from others, they would tend to suggest I am subdued compared with them.

I'd be posting against anyone that failed to deliver after such constant promises, so its certainly not personal.

What is more worrying is the fact that you seem to jump to CH's aid when I have only suggested he is not cut out for CEO (unless of course constant promises and failure to deliver count as success), but you don't post at all when other people post far more derogatory remarks. So perhaps you have more to hide than most as you seem good as casting aspersions yourself? Is CH your aunty?

[gumberr] 19/10/2005 21:29

FORGET DIGITAL CLASSICS -its HISTORY (WACKO's Album -ok its just a coincidence)

Even better BRYAN ADAMS CD ANTHOLOGY is out -get it while you can!

[investorjon] 19/10/2005 21:02

Agree Michael, especially at a perceived point of weakness. Wouldn't help shareholders much. Can only rely on DE adding value to DTC or at least making sure he takes some action to make DTC achieve.

At the moment it's like DTC laying upside down on the ground...We need to know that the MJ program has sold, as that at least should negate the losses.

[michaelmouse] 19/10/2005 19:57

Consolidation in the industry gains momentum.
At such a low market cap. DTC is vunerable.

[jabberstocky] 19/10/2005 13:12

wakey wakey - volume is up again.

[jabberstocky] 17/10/2005 13:37

The latter is an improvement on the former!

[investorjon] 17/10/2005 12:41

Mack-un-phlan-eth or Mack-un-phll-eth? Apologies to any Welsh speakers out there!

[jabberstocky] 17/10/2005 11:49

Sounds like a wondeful day.

It slightly similar to:

Mack un (as in onion) ll (as in Llanelli) eth (as in Ethelred)

[abubryn] 17/10/2005 10:01

His ankles ?

[jabberstocky] 17/10/2005 09:41

What were you up to in the old home of Welsh parliament IJ?

[michaelmouse] 16/10/2005 17:17

Quite a surprise to see the results appear this week (for me anyway!). Last year the results didn't appear until 11th November.
It was disappointing not to see a profit and I have reassessed the investment argument for buying or holding these shares.
After careful consideration I still believe that DTC shares are a buy for the following reasons:
1) NAV has increased to 0.9p+(includes intangibles). In addition, DS's notion of a "shadow" NAV has been reiterated by Elstein.
2) It was the most profitable year yet for the production division. MJ sales still to come.
3) DTC hold the largest catalogue of classical and arts programmes in the world. The potential for the distribution division shouldn't be underestimated.
(Should enjoy a monopoly for supplying this type of programming?).

To an extent IJ I think that you may be right about positive newsflow over coming weeks. The results having come in a full calendar month ahead of last year suggests that they wanted to get them out of the way. "Orchestrated news to get CH out of the mire" though is a ridiculous notion which merely reaffirms your personal vendetta against CH.
On a final note, it is apparent that the Media sector has taken a bit of a kicking recently. My feeling is that DTC has just been dragged down further by the sentiment in the sector as a whole.
As ever, time will tell, but I will be brave and suggest that DTC's share price will be above 2p this time next year (this is a conservative guess!).
Good luck.

[investorjon] 16/10/2005 14:14

Nothing in the T bags except the River Dulas. Still expect a swivel of late orchestrated news to get CH out of the mire.

When people live off their wits, and are 'economical' with the truth, it's amazing to me that other people then still hear comments from that person, with trust, instead of asking why they should trust anyone who has being economical with the truth previously....but they do.