Dci Advisors Share Discussion Threads

[luckymouse] 30/9/2016 19:05

Trying to work out if this confirmed dog is turning or is still a dog lol?
If all the management are blown up & replaced with monkeys it might be a turn...

[escapetohome] 21/7/2016 16:01

Very funny myretirement, but actually you speak the truth. Never a truer words said.

Shareholders all over appear to be analised by management.

Iofina being a case in point.

[escapetohome] 21/7/2016 15:47

Ive bought a few here as a gamble.

Binary bet me thinks.

[hugepants] 18/7/2016 21:53

Well quite.

[my retirement fund] 18/7/2016 12:37

Huge volume again. Looks like a swap of holdings to a new major shareholder. Not entirely sure what this all means but its got to be better than having your head stoved in with a scaffold pole?

[my retirement fund] 15/7/2016 16:02

director buy , albiet only 150K better than getting your teeth smash out with a hammer

[my retirement fund] 15/7/2016 10:22

Interesting trade been printed. Could a bottom be in?

[hugepants] 14/7/2016 21:58

Looks cash-constrained. It should be a stonking buy if NAV is really 44p but there's quite a bad odour emanating from this.

[my retirement fund] 03/6/2016 11:43

Hmm well i hope you dont lose your pants on this one ;)

One would hope there is some value here however its as black as the ace of spades right now so I wouldn't even consider going there till someone shines a light.

[my retirement fund] 03/6/2016 11:43

Hmm well i hope you dont lose your pants on this one ;)

One would hope there is some value here however its as black as the ace of spades right now so I wouldn't even consider going there till someone shines a light.

[hugepants] 02/6/2016 19:30

Should be unless they've spent the £45M.

I don't understand the directors resigning. They've collapsed the share price. They were there on behalf of the largest shareholder so its a bit like cutting off your nose to spite your face isn't it?

Unless there is something else going on.

[my retirement fund] 02/6/2016 19:10

Are they still solvent?

[hugepants] 02/6/2016 18:28

looking grim here.

[my retirement fund] 08/4/2016 15:53

What the latest news here then ?

[hugepants] 22/3/2016 12:56

Worth a punt IMO. Last stated NAV 47p and raised £45M at 21p only 9 months ago.

[my retirement fund] 16/3/2016 23:42

It certainly looks like they left by the backdoor in a hurry. I concur with your thoughts. It looks increasing like this is a zombie company with most likely a particularly unhappy ending awaiting its shareholders.

[jeangl] 16/3/2016 22:41

I think people underestimate the signal sent by the resignation of those 3 directors. We are not talking about one isolated case, but 3 of them, together, , including the chairman, without any explanation. These were put on the board essentially to try to put shareholders’ interests back into the equation; to me the statement here sounds like “we failed and there is nothing we can do to stop the mgt from destroying the company” ; indeed despite all the pseudo incentives baked into asset sales for the management, their interest is simply not aligned with investors’. The mgt sits on a more than generous stream of guaranteed fees, controls the whole process and will probably be able, when the time comes, to get the assets very very cheaply. Not easy to sell these luxury overvalued resorts in this market; the only way out for DCI’s shareholders is essentially to liquidate some of them at distressed prices to raise cash, which the mgt will never do… why would they?

[tiltonboy] 16/3/2016 20:50

More likely the inability to sell assets.

[hugepants] 16/3/2016 19:43

Still falling. There's a powerful stench emanating from this stock now. Given the huge discount to NAV perhaps some dodgy accounting issues to surface?

[jimcar] 09/3/2016 16:30

Third point wanted to separate the Americas properties from the European and so perhaps it was the others blocking this that caused the rift.

[langostino] 09/3/2016 12:02

The departing directors were placed by Third Point, the largest shareholder. As a very proactive hedge fund I would imagine their objective has not been achieved and they are looking for an exit. Hope they find a trade buyer because selling in the market will be long and painful.

[badtime] 08/3/2016 23:25

Oh dreary me