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DTE Datong

48.00
0.00 (0.00%)
20 Dec 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Datong LSE:DTE London Ordinary Share GB00B0JF2H60 ORD 0.5P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.00% 48.00 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 48.00 GBX

Datong Electronics (DTE) Latest News

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Datong Electronics (DTE) Discussions and Chat

Datong Electronics Forums and Chat

Date Time Title Posts
21/8/201715:51tes1
09/7/201413:05Datong Electronics - One to watch? Or maybe they are watching you?334
27/5/201413:51Dart Energy (DTE) Making impressive progress in coal bed methane41
27/3/200712:09Datong with charts3

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Datong Electronics (DTE) Most Recent Trades

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Datong Electronics (DTE) Top Chat Posts

Top Posts
Posted at 10/5/2013 19:53 by hastings
I would say a complete done deal. Investec hold close to half the issued share capital, while Gervais Williams (Miton)who also hold a sizeable stake is seemingly in support. At the end of the day, those that bought in the teens will be happy enough, longer term holders less so. From a personal perspective, I would say it is going too cheap, but then again it has suffered from lumpy sales, stop start and has never really gained traction. A shame, but there we go.
Posted at 10/5/2013 16:42 by praipus
DTE is in a hot area I know a chap who sold a business like this to G.E. a while ago so there must be a chance of another offer.
Posted at 09/3/2013 11:56 by checkers2
Looking back over past annual reports, it looks like the current larger shareholders have been holding their positions reasonably constant over the last few years. If they were to profit from their investment the buy out price would have to be north of a quid.

Their holdings (including Guy Thomas) go back to 2007 when the price was well over 1 pound
Posted at 08/3/2013 20:13 by praipus
lol@ "want to be bought" that is a significant advantage to DTE shareholders.

So LCG does have at least a chance of recovery and may even fall in to the "buy the glitch" category to use a phrase from Guy Thomas's "Free Capital".
Posted at 08/3/2013 20:00 by praipus
I sincerely hope so LCG is in the "some you lose category" so far..

So what makes you think DTE might be better?
Posted at 22/2/2013 11:11 by checkers2
EV/EBITDA multiple would have to be a minimim of 5 for this transaction imho.

This gives share price of around 85p.

Large PE dealer Blackstone made buy out at average of 9.5/10 for 2012. Obviously for different / larger businessses.

But ratio here would be less given size, and market niche which is less transparent.

If a bidding war started it could go over 100p if the technology they have is really interesting, but not sure how cutting edge it is.
Posted at 19/2/2013 22:57 by 2baffled
DTE;
Miffed, imo..
Quite clear why they wish to DTI/DEI.

Update on NSW Proposed Changes to CSG Regulation
Posted at 14/2/2013 14:49 by hezza123
Finally taken a small position here, so would welcome any details of your conference call DVI. :-)

Obviously all holders will know this, but for the benefit of anyone else reading, the share price currently represents a 23% discount to net cash asset value and a 33% discount to tangible net asset value.
Posted at 07/1/2013 20:33 by deepvalueinvestor
Increasingly warming to the share after the announcement in December. They announced an r&d contract with margins of approx 45% but it is fair to say that they should be able to follow this up with kit orders where the margin is closer to 80%.

The problem with this company is its micro cap size, obvious secrecy surrounding clients (mainly special forces worldwide) and thin research coverage. 3rd party sales are also expected to dry up in 2013 and they may use some cash to diversify the business.

However, as a punt, a £7.5m contract over two years is a massive vote of confidence in a company only worth £5.5m and with £2.5m cash and no debt. A few contracts from our American friends would be helpful as 2013 progresses. It is surely not too far fetched to see the company trading on 15 times earnings if they can keep building the revenues and give us £2m of profit. This would equate to a share price of 240p, or six times your money. Pure speculation on my part but keep an eye out for future deals, especially if they are selling kit.

A small seller knocked the price today and allowed me to add at 37p. Interesting times.

dyor etc
Posted at 19/12/2012 19:29 by deepvalueinvestor
I guess the sleepy board reflects the £4.5m market cap and thin coverage. the only analyst covering is away. I will feel happier when I get more detail but I have been adding exposure today as the numbers suddenly look more interesting. let's face it a profit of say £1 million trading on a modest multiple of 8 plus the cash of £2.5 million would double the share price. it is a massive boost that someone has looked at the company and decided to place such a large order
Datong Electronics share price data is direct from the London Stock Exchange

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