Dawmed Systems Share Discussion Threads

[vuelands] 01/9/2006 21:39

This company appears to be doing well,why please tell me is the share price drifting back. Is it because of no news?

[the big fella] 30/3/2006 18:06

DGP on forward PE of under 4 with stellar growth. Cheap as chips.

[edelin] 30/3/2006 17:52

Another ex OFEX company worth a look.

DGP on AIM

Latest results:

"the Group''s turnover has grown from less than #3 million in the
year to 31 August 2004 to over #24 million in the 16 months to 31 December
2005."

[mjcrockett] 29/3/2006 14:27

Dell, thanks I have had a look at the iii board and this does solve the mystery. It's rather sad that anyone should choose a stock such as DSY to try a 'pump and dump' - there is an overhang which is probably a lot bigger than the total turnover of the last few days.

MJ

[2ricks] 29/3/2006 14:07

Absolutely PRO!!

[dell314] 29/3/2006 14:06

mjcrockett & Devbod - If you read the iii DSY bulletin boards, you will see that a regular team of pump'n'dumpers tried to hit this, yesterday.

However, it looks like there was possibly too much stock around for them to get the share price moving enough to pull in momentum traders, so they appear to be moving on to pastures new.......

All IMHO, DYOR etc.

Rgds
dell

[devbod] 29/3/2006 12:38

Does seem a little odd. Can only think that they simply changed their minds and preferred to take a small loss getting out. Given the relatively low value of the shares involved I wouldnt read too much into it.

[mjcrockett] 29/3/2006 10:57

OK, I give up. Can someone please explain what is going on here. Yesterday we had a flurry of small buys which put the share price up. Now today we have a smaller flurry of sells - but the amazing thing is that it is some of the same people selling today that bought yesterday. If you look at todays sells of 'non-round' numbers you will be able to tie up sells today of 7893, 3618 & 1260 shares with buys from yesterday - all sold today at lower prices that paid for yesterday. Were they expecting something miraculous to happen today?

Anyone able to throw any light on this?

MJ

[mjcrockett] 28/3/2006 17:44

From the number of trades today, it looks as if DSY has been tipped somewhere. Anyone seen anything? Perhaps there's a new brokers note out.

I went along to the AGM earlier this month. I came away feeling more comfortable with my DSY shares. The directors seem fairly confident of their future with a reshaped business. Although, I do not think that the new products will have much impact on the interims to 31/3/06.

MJ

[bbq22] 28/3/2006 13:22

Looks like a goer in the short to med. term

[charmer1_23] 28/3/2006 13:14

No comment here for a few months, any current news/views? Thanks. ;--))

[mjcrockett] 30/12/2005 11:35

Interesting to see a trade for 1m shares go through at 19p this morning. This represents 5% of the company's ordinary shares - so we should see an RNS shortly.

MJ

[mjcrockett] 07/12/2005 21:02

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

[mjcrockett] 05/12/2005 08:51

Final results out today. They look quite impressive with a big increase in turnover and showing a profit.

The share price is only up 0.5p on the results. I suspect this reflects uncertainty for 2005/06 with the Belfast contract now complete. However, the future does sound quite promising with growth likely to come from a number of areas.

MJ

[vuelands] 22/10/2005 17:13

It just goes to prove that this companys management is totally inept I think that some of the people commenting on this site could do a much better job. If you cannot take advantage of the enviroment you operate in with the huge amount public funds available you deserve to go bust which is exactly what will happen here. The management should resiegn and shareholders ask awkward questions!!!!!

[davidsheila1] 21/9/2005 12:31

Just deaming just one deal

[davidsheila1] 21/9/2005 12:29

There's life here at last 2x600 sells looks like B 2 B, things may be warming up

[mjcrockett] 31/8/2005 11:17

Agreed not too exciting, but may generate decent revenue over time. Would have been a good time to say something about current trading.

mj

[chaweewan] 31/8/2005 10:09

Recent contract very small 'beer' & unlikely to excite!

[mjcrockett] 27/7/2005 21:33

...so it does - perhaps 22000 is above the MM's limit and they did not particularly want the shares. I'd have bought them for 12p.

mj

[ishwar] 27/7/2005 21:22

12p sale..looks very strange..

[vuelands] 16/7/2005 00:33

If this company cant make substantial profits in the current enviroment it does not deserve to survive. Im afriad i find it difficult to be possitive. Management needs to get its act together. I would not back another fund raising.

[mjcrockett] 23/6/2005 10:44

Todays interims show the expected improvement being only £5000 short of a making a profit. The item that caught my eye was the last sentence of this paragraph:

'As a consequence of a number of promotional and educational initiatives launched by the Company in the first half of the year it is expected that the demand for the Clinic bench top WDD will accelerate in the second half with improved sales to UK private and NHS dentists coming to fruition and gaining considerable momentum during the ensuing two years of transition to full NHS compliance requirements by March 2007, as advised by the Purchasing and Supply Agency of the NHS. Moreover, new and potentially exciting initiatives are being pursued currently which the Directors believe will contribute to the Company's performance in the next financial year.'

So no big lift off for the bench top WDD yet, but something 'exciting' to look forward to. Could this be overseas re-sellers for the bench top? Or maybe an acquisition?

mj

[mjcrockett] 06/5/2005 15:49

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

[vuelands] 03/4/2005 00:40

I believe this company to be one of the most under rated in the AIM market. Held back by Election uncertanties and an overbought AIM market. No matter who wins the election hospital cleanliness is a major issue and this company is well placed to clean up, excuse the pun !!! Hold on tight you could be rewarded in a few months. The charts are neutral