Datatec Share Discussion Threads

[investorjon] 21/2/2006 17:54

Still don't like the name DCD. I'm more of a dun and dusted logo style fan myself.
Perhaps Done and Done or even Done Good (after the results):

[grant goodwin] 21/2/2006 17:14

I don't know if any one else went to the meeting I was held up and arrived late and it was done and dusted .
The share price moving now in the right direction and as John said any profit and we should past through the 1p mark.

[fozdad] 21/2/2006 17:00

I guess it's the difference between having a businessman at the helm as opposed to a well meaning but less business focused arty visionary.

Bringing the new directors on board will also help balance things out.

Good luck to us (no-one else seems interested!!!!)

[investorjon] 21/2/2006 16:53

foz: But that could be what is keeping it low. People just don't believe it....From my experience the time to buy is not when everyone thinks it is gold, but beforehand, and what better than where a bombed out company with p poor management, then gets an injection of business skills, starts doing the business, and then turns in the profits...

The market doesn't believe it...but eventually has to and it soars!

Still like to see more hands on, or pruning, i.e. what's music suite doing these days. Excess baggage thinned out, as there must be now with acquisition where many tasks are bound to be duplicated, giving even greater scope.

It could still be next time, jam tomorrow, the only difference is I believe it!

[fozdad] 21/2/2006 16:35

Looks like a few people toook advantage of the renewed interest to get rid of a few shares today.

Seems strange to hold on and then sell out just when it looks like things are about to improve.........but then again, where have I heard that before?

[investorjon] 21/2/2006 15:48

If results come on top of that that exceed expectations, or actually show a profit, I think 1p will be a thing of the past quite rapidly.

[investorjon] 21/2/2006 15:47

Fozdad: Poker what poker....I'm more interested in Dun and Dusted and the other PRIME acquisitions that are really more in keeping with a dynamic production and distribution company. I'm actually showing a profit!!

What I'd like to see now is some other people who paid a lot more make a profit too, rewarding them for their patience.

[flashheart] 21/2/2006 15:27

If this can break a penny some time in the next couple of days we could, I say COULD be on our way.

[jabberstocky] 21/2/2006 15:25

See that all MMs moved up to .8 (or +) now.

[jabberstocky] 21/2/2006 15:13

wonder if Gary asked a ? re the Poker tournament

[fozdad] 21/2/2006 15:10

Delayed buys now coming through

[fozdad] 21/2/2006 15:02

I suppose that as there are a number of individual trading companies within the group, the PLC name isn't too important.

Customer will relate to Done and Dusted, Iambic etc.

That said, I agree that it's pretty uninspiring!!

Do we now forget the poker tournament?

[investorjon] 21/2/2006 14:54

Foz: still dislike the new name though...uninspiring. I think Iambic plc has a much better ring to it.

On a quizzical note, that I cant resist. I like the Done and Dusted logo with the one finger up, is there any truth in the rumour that we are going to have the Worldpokermasters company added, if anyone can remember that particular competition that is taking place in January,February,March...using the two fingers up!

Sorry it's a warped sense of humour...well almost.

[fozdad] 21/2/2006 14:42

DCD Media PLC, turning point is the phrase that comes to my mind. It's been a long time coming, hope it's worth the wait.

[tibrahim] 21/2/2006 14:36

Hope this is the turning point, a consolidation of shares say 10:1 may give it some more credibility in the future. Does any one know what the name change that was mentioned will be?

[investorjon] 21/2/2006 14:15

Good, I'm of a similar opinion. Too cheap by multiples now...You can call it a ramp if you want, but I call it as a I see it, and I don't think anyone could accuse of not doing that in the past either.

[fozdad] 21/2/2006 14:11

Seems to me that the DE effect will overpower the negative sentiment.

It certainly tempted me back in!

[investorjon] 21/2/2006 14:07

Yes, consolidation at some stage, but I just couldn't resist.

Still think that if it wasn't CH giving the presentation today the shares would have soared...sorry, but I really do think he is holding back DTC now...you know....damaged goods syndrome.

if it was someone else saying figures were above estimates, like DE or even one of the other newcomers etc. etc., then the shares would soar northwards.

[jabberstocky] 21/2/2006 13:33

and quite a lot of shares at 2.9B

[investorjon] 21/2/2006 13:15

Very encouraging

[kenway] 21/2/2006 13:07

Digital Classics PLC - Trading Update and Result of EGM
•Website •Fundamentals •Share Price



For immediate release: 21 February 2006

Digital Classics Plc

("Digital Classics" or the "Company")

Trading Update, Result of EGM & Appointment of Directors

Digital Classics is pleased to announce that, at the EGM of the Company held
this morning, all the proposed resolutions were passed, including the
resolutions that will permit the completion of the acquisition of Done and
Dusted Group Limited ("Done and Dusted"), believed to be the UK and Europe's
leading independent producer of pop and rock music event programming for TV and
DVD.

In his address to shareholders, Chief Executive of Digital Classics, Chris Hunt
, made the following comments,

"The acquisition of Done and Dusted follows two similarly high profile
acquisitions at the end of last year, being the purchase of NBD Television, the
pop music programme distributor and BOX TV, the major drama production house.
The coming together today of these three companies with our existing operations
stands the enlarged group as Europe's pre-eminent independent producer and
distributor of arts, musical and dramatic television programming.

I am delighted to note that the trading performance of both NBD Television and
Box TV since their acquisition in December has been ahead of our expectations.
NBD Television has benefited from new video-on-demand deals in the Far East and
the first territory sale of a high profile American television series for
$500,000. Meanwhile, Box TV, following the success of its BBC New Year
production of Sweeney Todd, starring Ray Winstone, is in negotiations to
produce an ITV `Mini-Series' which may be valued at over £2 million as well as
a major BBC drama event - both projects are anticipated to be produced this
calendar year, and are over and above the previously projected 2006 slate.

The benefits of synergy between the subsidiaries are already being felt:
Digital Classics Distribution and NBD Television are currently exploring a
number of cross-selling opportunities of each others' programmes to complement
deals that are being worked on at present and Digital Classics Distribution
also anticipates being able to distribute the new Box TV product. On the
production side, both Box TV and Iambic Productions are co-developing a number
of projects. It is envisaged that the enlarged group, particularly in the
distribution area, will realise attractive cost savings resulting from the
integration of the acquired businesses."

Simon Pizey, Managing Director of Done and Dusted, said,

"I view the acquisition of our business by Digital Classics as the coming
together of forces to build a much more substantial TV production and
distribution powerhouse. Whilst a great deal of time and effort has been spent
building D&D into the business it is today, to us this marks only the beginning
of the next phase in our growth."

Co-founder of Done and Dusted, Hamish Hamilton, added,

"I look forward to working alongside the highly talented individuals at the
enlarged Digital Classics group and to generating significant value on a
worldwide scale."

Notice of Results

The Company looks forward to publishing its interim results for the six months
to 31 December 2005 on Monday 20 March 2006.

Admission of Enlarged Share Capital and Change of Name

Application has been made for the enlarged issued ordinary share capital of
2,963,315,714 shares, comprising the 1,313,096,484 existing shares, the
721,875,000 consideration shares to be issued pursuant to the acquisition and
the 928,344,230 new shares to be issued pursuant to the placing, to be admitted
to AIM. Admission is expected to become effective at 08h00 on 23 February 2006.
These shares will rank pari passu with the existing ordinary shares of the
Company.

Following Admission, the number of Ordinary Shares in issue will total
2,963,315,714 Ordinary Shares.

Although the resolution permitting the change of name was passed, this is not
indicative that this will be actioned immediately. A further announcement will
be made in due course.

Subscription for and issue of Loan Notes

Further to the £4,000,000 in Loan Notes subscribed for and issued following the
acquisition of NBD Television and Box TV, the Company can confirm that a
further £2,500,000 were subscribed for and issued to satisfy the balance of the
cash consideration under the Acquisition Agreement. The Loan Notes are
convertible into Ordinary Shares at a rate of 0.78p for each Ordinary Share,
subject to adjustment, at the option of the Investors, being Highbridge Capital
LLC, Omicron Master Trust, Cranshire Capital L.P. and Iroquois Capital L.P.

Appointment of Directors

Following today's EGM, the Board is pleased to appoint Nicola Davies Williams,
Director of NBD Television and Justin Thomson-Glover, Director of Box TV as
Executive Directors of Digital Classics Plc with immediate effect.

Simon Pizey, Director of Done and Dusted, will also be joining the board of
Digital Classics in due course.

Save for the declarations below, and the issue to Justin Thomson-Glover and
Nicola Davies Williams of options over 2,500,000 and 3,750,000 ordinary shares
at 0.8p per share respectively upon Admission, there are no updated disclosures
to be made in respect of the appointment of Justin Thomson-Glover and Nicola
Davies Williams under rule 17 and under Schedule 2 paragraph (g) of the AIM
rules.

[investorjon] 21/2/2006 11:44

Well I just topped up another 250,000 as they wouldn't trade 500,000

The smallest spread ever, paid .72

11:43:04 was a buy, not a sell as shown

[grant goodwin] 21/2/2006 08:51

Thanks gary just leaving now i will probably be the only one there
free tee and bickkies again

[garysmith7] 20/2/2006 22:59

Goodluck at the EGM tomorrow Grant