We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Dawmed Sys | DSY | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 5.00 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 5.00 |
| Top Posts |
|---|
Posted at 07/12/2005 21:02 by mjcrockett Not sure if anyone else reads this board, but just in case.....I have had a longer look at the results. They do give the impression that things are showing a lot of promise, with growth likely to come from a number of areas:- 1. Continuing growth from Support Services. 52% this year, 39% last year. 2. 'Improved sales' of the bench top WDD (at last) and with very good reasons for a big improvement to come over the next couple of years. 3. Two new Wassenburg products. 4. The new 'AERclens' machine which the company say is 'A truly exciting opportunity'. So there could be some really exciting times to come, with a share price potential of multiples of today's value. The market to date has not reacted strongly to the results, with a few people taking the opportunity to get out while the price is up and the spread narrow. On the subject of which, DSY no longer seems to suffer from the 4p and 5p spreads that it did a few months back. I suspect people are nervous about investing here now that the Belfast project has completed, with no other large projects mentioned. However, the company say that the large WDD's are low margin and tie up a lot of working capital - so is this really a great loss. Particularly, when there is a lot of growth potential elsewhere. The main thing about Dawmed is that very few investors know about it. I believe that once the company starts to generate some decent profits then this will quickly change. Possibly a magazine or tipster will get hold of it before then. I hope to add a few more before they do. MJ |
Posted at 06/5/2005 15:49 by mjcrockett Dawmed have been tipped in this month's Growth Company Investor magazine. There nothing new in the article, but they do say that "Dawmed's current £4.1m market value - there was £2.2m cash on the balance sheet at the year end - looks miserly considering the potential upside". mj |
Posted at 25/4/2003 10:36 by slightlycynical Given SARS concerns, I've just been doing a little bit of DD on the whole decontamination area. I've had some BQE for a while, but also came up with another UK quoted stock - DSY.L DawMed Systems, which supplies washer-disinfectors to the NHS (and has an export business). www.dawmed.com . Market cap only £3.7mInterestingly, they have a particular widget that disinfects endoscopes (which includes the subcategory of bronchoscopes). Found some interesting stuff on this, including some Canada SARS anti-infection advice (inc disinefecting endoscopes) - - basically saying that endoscopes, anaesthesia etc gear need v good disinfection in SARS-affected hospitals. There's a bunch of stuff from the NHS about disinfection etc. - apparently the govt is in the midst of spending £200m on upgrading decontamination of surgical instruments by the end of the year - see the most recent PDF report listed at Apparently DSY has a large mkt share of NHS washer-disinfectors Up until now, disinfection seems to have been focused on worries about vCJD transmission in hospitals, but obviously SARS may give another impetus. Company was formerly on OFEX, transferred to AIM Oct 02. Interestingly, had a share issue on April 14th @25p. 80% owned by mgmt / large investors according to the last RNS. Turnover up 61% year to Sep 02, marginally profitable Haven't got Ann Rep so difficult to judge ongoing SGA costs - but didn't change that much from FY2001 - FY2002 despite turnover increase, while gross margin improved. Quote from last results: Overheads increased from the previous year by 32%, following investment in personnel in sales and service functions, together with the associated costs of acquiring additional factory premises to provide facilities for future expansion. Taking out the £100k they give for AIM quote in their Oct 02 RNS brings that down to 21% If I hypothesise 35% turnover rise to £5m, gross margin of 34%, then gross profit £1.7m. If overheads rise again by 20% from last year (complete guess on my part) then could see £200-300k pre-tax profit; if that figure is 10% then £300-£400k, vs. current market cap £3.7m. Obviously without speaking to the co or drilling into the figures these are speculative, but there seems to be upside potential to me. Dipped my toe in this morning. Any thoughts? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
