Dealogic Share Discussion Threads

[boros10] 22/3/2011 16:26

Insipiens

It is easier becoming a member of the Amish community than building a meaningful stake in Dealogic for the reasons you give.

Last year the company did a tender offer which the insiders all appear to have participated in.

I am hoping for another tender offer once the debt used to repurchase the shares has been paid down.

If enough of the insider wanted a partial cash in - the company could elect to join the main market and place some of the shares with II. Given the quality of the business a p/e of 15 would be justified if it were on the main market - a 50% premium to todays value.

[insipiens] 18/3/2011 17:26

I estimated (when I bought in) about 20% of shares were not held by those connected with the business......and with buybacks that is to get less.

[boros10] 18/3/2011 13:31

Operating margins of over 36%, fantastic returns on capital (37% and 64% if you ignore purchased goodwill), excellent cashflows, good dividend yield, strong EPS growth, a robust business model - all to be had on a forward p/e of just over 10x (taking 2010's profit and the full year benefit of the reduced share capital; a p/e of less than 10 if you assume profit growth in 2011). To good to be true!

The only problem is the shares are tightly held with a wide bid/offer spread.

A classic growth stock for the patient investor. Certainly not one for traders.


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[topvest] 18/3/2011 08:11

Yes, great company - wish I'd spotted before. Waiting for the price to drop back before getting in.

[deadly] 15/3/2011 23:36

Can't believe how ignored this share is. Can there be a better chart?

Results today show long history of good performance:

-- Revenue growth of 11.6% to US$103.6 million (2009: US$92.8 million) supported by stronger global market activity

-- Significant further investment in the technology platform, people and global footprint

-- Operating margin of 36.0% (2009: 37.8%); with profit before tax of US$38.6 million; and diluted earnings per share of 38.1 cents per share

-- Tender offer on 21 June 2010 reduced shares in issue by 26.4% at a cost of US$68.8 million, funded by existing resources and new bank debt of US$34.1 million

-- Free cash flow (1) of US$26.6 million for the period, with a net cash surplus of US$0.1 million at the end of the year

-- Final dividend of 10.7 pence (equivalent to 17.3 cents at $1.61) will be payable on 11 May 2011, bringing total dividends in respect of 2010 to 12.7 pence (2009: 9.4 pence)

[insipiens] 07/1/2011 14:56

or short of stock, which I suspect is the case. Can't get an online quote via HL atm

[tradermania] 07/1/2011 14:03

I suspect they are busy and generating money. It's that simple. I bet their next results will look good.

[insipiens] 03/12/2010 10:31

Any reason for the rise?

[chingman] 14/10/2010 22:04

Article here -

[sunsetwarrior] 16/8/2007 18:11

Nobody's selling here!

[deadly] 14/3/2007 21:08

You're right it doesn't move much, but on a down day like this at least it didn't tank. The strong results may have helped..............

Good cash flow, dividend etc. could hardly be better.

Peter Ogden, Chairman, commenting on Dealogic's results, said:

"I am pleased to report that in 2006 sales in the IBRM business increased by 21%
to $44.3 million and those in the Analytics business increased by 26% to $34.4
million, resulting in Group profit after tax of $22.0 million, an increase of
22% on 2005.

The Board considers that our current market leading position, the commitment to
maintain our products and services as the standard for the industry and our
innovation-focused investment strategy position us well going forward."

[gelp] 13/2/2007 17:29

Hi deadly. It won't move but I am keeping this share.

[gelp] 19/1/2007 16:32

Is there an acqusition rumour about this company?
The recent rise on little trading...

[deadly] 06/1/2007 23:09

Strange there's still no interest in this. Strong trading statement and share buyback suggests further progress to come.

[kalexakis] 30/9/2006 17:33

illiquid stock but with solid foundamentals and strong cash flow generation.

underated by the city and seriously undervalued. Especially, if you condider that "Mergermarket" a similar company with 1/6th Dealogic's profitability was recently acquired by the parent company of FT for £101m.

On top of that, excellent half yearly results....

[weemonkey] 27/9/2006 09:32

can see nothing wrong with this stock anyone one any ideas why the city does not appear to interested?

seems very strange to me

[wapper] 03/8/2005 23:49

This is a solid stock which deserves a serious re-rating IMO.

[vijayhirani] 08/9/2004 14:42

I think the bottom has been reached