Gold vs US Dollar

Register for real-time alerts, custom portfolio, and market movers

Get Started

Deepmatter Investors - DMTR

Share Name	Share Symbol	Market	Stock Type
Deepmatter Group Plc	DMTR	London	Ordinary Share

	Price Change	Price Change %	Share Price	Last Trade
	0.00	0.00%	0.0325	00:00:00

Open Price	Low Price	High Price	Close Price	Previous Close
			0.0325	0.0325

more quote information »

Top Investor Posts

Top Posts
Posted at 01/12/2022 12:28 by pwhite73 euclid5 - Yes the substantial capital raise is that they are going to sell part or the whole business. They may simply sell valuable IP. According to their website they have 54 employees so they are not a tiny outfit. They claim the markets are not reflecting the true value of the company but that's because I suspect they're concealing the big money deals (they never did say how much the Merck deal was worth) and they keep trashing the share price to hold an even larger stake in the company. How else did they expect the market to react. 54 Employees + 4 Non-exec Directors. £2m Invested in R&D annually. 35+ Clients Read Full Thread Reply
Posted at 30/11/2022 16:35 by 1347 Almost, you missed off the bit about concert parties in (e). From the FCA (who are good at writing rules but useless at enforcing them): For the purposes of LR 6.14.1R and LR 6.14.2R, shares are not held in public hands if they are: 1) held, directly or indirectly by: (a) a director of the applicant or of any of its subsidiary undertakings; or (b) a person connected with a director of the applicant or of any of its subsidiary undertakings; or (c) the trustees of any employees’ share scheme or pension fund established for the benefit of any directors and employees of the applicant and its subsidiary undertakings; or (d) any person who under any agreement has a right to nominate a person to the board of directors of the applicant; or (e) any person or persons in the same group or persons acting in concert who have an interest in 5% or more of the shares of the relevant class; 2) subject to a lock-up period of more than 180 calendar days. So what I infer is that 59% of them are indeed acting in concert, which is Griff plus most of the other significants. What I then take from that is that it's best, as a retail investor, to avoid such companies in the future as an investment as they are too risky and may delist, so they are only useful for short term trades around spikes, if you can predict them. Just reinforces my view that, with few exceptions, AIM is a waste of time unless you are an insider. Read Full Thread Reply
Posted at 30/11/2022 15:05 by pwhite73 1347 - "So what I still don't see is why they have to delist to do that," A listed company must have 10% or more of its shares publicly trading meaning in the hands of people not associated with the company. "Shares not in public hands - In terms of AIM Rules revised in March 2018 and insofar as it is aware, at 31 May 2022, 59.3% of the Company’s AIM securities were not held in public hands." This means people associated with the company already own 59.3% of its shares. Therefore unless they have been dumping since 31/05/2022 they can only acquire another 30.6% of the shares without being in breach of listing rules. They would need special permission from the FCA to hold more than 90%. If they intend to pump another £1 million into the company as shares at its current market cap of £1.4 million then they will certainly be over the 90% limit. Technically they have to delist unless they receive a waiver from the FCA. Read Full Thread Reply
Posted at 24/11/2022 09:31 by pwhite73 the quiet one1 - "They are not useless, they are criminal, they have used the system to steal investors' money," But who are they stealing from?. If you go to the website you will see as of May 2022 66.7% of the shares are holders of more than 3%. Open up major shareholders Its not PIs in nominee accounts that are the shareholders. They can't do anything without the agreement of these 66.7% major shareholders. As per the RNS the delisting is not a foregone conclusion, they would need the support of these 66.7% major shareholders. They intend to raise £1 million from the 66.7% major shareholders prior to any delisting. I think the major shareholders believe in the company but this belief has not been reflected in the listed share price. Read Full Thread Reply
Posted at 04/8/2022 07:30 by bonzo03 Am I the only investor left? Lol Read Full Thread Reply
Posted at 26/1/2022 20:18 by one_frankel Not only have investors been heavily diluted but a near 90% demise within the last year and you're getting upbeat on a few TR1s Zimerman, hmmm! Read Full Thread Reply
Posted at 12/1/2022 08:28 by terminator101 Every time I want to be reminded of the stupidity of retail investors I just have a look at the "trading" in DMTR. Read Full Thread Reply
Posted at 31/12/2021 17:41 by mcsean2164 Any ideas why they placed at such a low price? It seems they are washing out the old Investors? We're previous investors given the opportunity to buy at 0.1p? Read Full Thread Reply
Posted at 24/12/2021 10:40 by pauliewonder Think you are probably correct. The whole thing seems appalling. How have they let things get this bad that they need to drop this kind of news on Christmas Eve. Surely they were aware earlier in the year that they probably needed to raise fairly soon, so why leave it this late that they crucify investors. Management have lost any level of credibility. I'm sorry to al those that are invested here. Read Full Thread Reply
Posted at 20/1/2021 19:11 by ragnarr gspanner - apologies i didnt realise you would be able to read - Ive cut and pasted the basics of the article - hope it is of interest.Why understanding operational gearing is key to successful investingUnderstanding the relationship between a company's revenues and its costs can keep you away from risky companies and help you spot potential winnersJuly 10, 2019By Phil OakleyGood investing is just as much about avoiding losers as picking winners. Thinking about business risk is therefore very important. Ultimately, the long-term fortunes of investors will be tied to the quality of the business they are invested in and the amount of business risk it is exposed to. One of the biggest risks of a business is related to how its costs and revenues are related. A failure to understand this can lead to catastrophic results, but grasping its importance can also allow you to pick winning shares. Business risk and operational gearingThe risk faced by a business is determined by lots of things, including its competitive position, the quality of its products and the state of the economy. All these have a big influence on how much profit a company can make.Arguably, the key determinant of business risk as far as the investor is concerned is the relationship between a company's revenues and its costs. This relationship is known as a company's operational gearing, which measures the percentage change in a company's trading or operating profits that arise from a 1 per cent change in its revenues. The more sensitive a company's change in profits are to a change in revenue, the more operationally geared its profits are.Taking time to understand a company's operational gearing is one of the best things you can do if you are thinking of investing in the shares of a company. A company may be growing its profits very quickly because of it, but this may not be sustainable if revenues are unsustainable and start to fall. Operational gearing explainedCompanies with a large proportion of fixed costs costs that have to be paid regardless of the level of revenues have more operationally geared profits. Examples of highly operationally geared businesses are transport companies, manufacturers or service companies that employ a lot of their own staff. Low operationally geared companies have mostly variable costs costs that vary with revenues such as retailers which buy and sell products. Most businesses have some fixed costs and therefore have some degree of operational gearing. Companies with high operational gearing will see their profits grow faster than their revenues when revenues are growing, but will see them shrink faster when they are Source: Investors Chronicle The company with high operational gearing has a significantly higher fixed cost base and relatively low variable costs. These low variable costs allow it to have very high contribution margins where contribution is defined as revenue less variable costs but it has to sell a lot of its products or services to make a meaningful profit. The good news is that once the level of contribution has covered its very high fixed cost bill, each extra bit of revenue adds a much bigger proportional amount to profits. This is the leveraging of the high fixed cost base in action, or the operational gearing. Starting from a base revenue of 100, a 10 per cent increase in revenues leads to an 80 per cent increase in operating profits the change in profits is geared eight times to the change in revenues.Unfortunately, this gearing also works in reverse. A 10 per cent reduction in revenues leads to an 80 per cent reduction in operating profits. This kind of profit reduction is one that is likely to decimate the share price of the company concerned. This is what can make companies with volatile revenues and high operational gearing very risky investments.The company with lower fixed costs has much lower operational gearing at three-to-one. Its profits don't go up as much when its revenues are growing, but they do not fall as much when they are falling. This makes the company's business less risky from an investor's perspective.The company's operational gearing ratio can be calculated in a couple of different ways:You can divide its contribution by its operating profit. Or you can take a company's operating profit, add its fixed costs to that number and then divide the resulting number by its operating profit. You will get the same answer.Armed with information about a company's profit contribution and its fixed costs, it is possible to create a profit volume chart to see how a company's profits will change at different levels of revenue. This assumes that the contribution margin will stay the same, which it might not if the mix of products and services being sold changes. We can see from the chart that the company with high fixed costs and high operational gearing has to achieve a higher level of revenue before it makes a profit than the company with lower fixed costs. The slope of the profit/volume line is also steeper for the higher fixed cost business, which shows its higher operational gearing. To calculate the level of profit at any given level of revenue, take the level of revenue and multiply it by the contribution margin and then deduct the fixed costs. Understanding how operationally geared a business might be is very important for investors. A company may currently look very profitable because revenues have been growing and it has a lot of fixed costs. But if its revenues are not very stable and have a tendency to fall in a recession or are lost due to increased competition then you may be getting a false impression of a company's sustainable profits.Trying to get a feel of the company's cost base and the stability of its revenues can be very insightful and helpful when researching a company. The only problem is that unless you are a company insider with a detailed view of its costs then it is very difficult to accurately calculate its level of operational gearing from its published accounts. Going back to the last recessionAll is not lost, though. As with many things in investing, history can be a useful guide to what might happen in the future. One of the most important things that I advocate to any investor is to look at how a company performed in the last recession, with particular attention to any evidence of large operational gearing effects. Unless the business is markedly different from what it was back then, there's a good chance that history could come close to repeating itself when the next downturn comes.As outside investors, we may not be able to accurately calculate operational gearing, but we can look at the past changes in revenues and profits to get a feel for the kind of operational gearing that might exist within the business.Operational gearing effects do not always come from downturns in business volumes, but can also come from changes in the selling price of a product or service. This is very evident in businesses such as airlines where prices can move around a lot depending on levels of industry demand and supply. Given the industry's high fixed cost base, profits have the potential to be very volatile.I am going to look at a couple of different businesses over an economic cycle to look for evidence of significant operational gearing. Somero (SOM) is a manufacturer of concrete levelling equipment. Demand for this equipment is cyclical and moves up and down with the economic cycle. You can see by looking at the trend in its revenues and profits that there is evidence of significant operational gearing on the downside in the last recession and on the upside in recent years as demand for its products has strengthened.The company has recently warned that demand for its products has softened due to poor weather. As a result, revenues and profits are expected to fall this year, with profits falling faster than revenues as its operational gearing kicks in.Somero has the high profit margins and returns on capital employed (ROCE) that are associated with companies that have high valuations attached to their profits. Yet at the time of writing, its shares trade on a rolling one-year forecast price/earnings (PE) ratio of 10.4 times.I do not believe that this is a sign that Somero shares are extremely cheap, but more a reflection of its cyclical revenues and high operational gearing, which suggest that it's not unreasonable to assume that its current high rates of profitability are unsustainable. Investors are not prepared to pay a high multiple of profits for the uncertainty and risks of this Airlines such as easyJet (EZJ) have huge amounts of fixed costs, such as fuel, crew and leases that do not change with the number of passengers carried on its planes. The operational gearing within the business is therefore very large.That said, there does not seem to be a set relationship between changes in revenues and changes in profits, as fuel a large part of the cost base is notoriously volatile and often complicates matters. Since 2007, you can see that easyJet went through a bit of a purple patch between 2009 and 2015 when profits increased faster than revenues. Subsequently, this relationship has broken down.The key takeaway here is that profits are likely to be volatile and difficult to predict going forwards. This again largely explains why investors are not prepared to pay high valuations for the shares. Very high profits from scalable fixed cost businessesOne of the most desirable things about a business with high fixed costs and potentially high operational gearing is when its revenues are relatively stable and growing and are expected to continue doing so. The ability of a business to leverage its high fixed costs with high contribution margins can see it become almost obscenely profitable as it gets bigger. This is because the costs associated with additional revenues once the fixed costs have been paid for are very low and therefore most of the extra revenues ends up as extra profit.Businesses such as software, investment platforms and where manufacturing of its products has been outsourced as in the case of Fevertree Drinks can see the impressive leverage of its fixed costs and high operating margins as a result. These kinds of businesses have attracted very high valuations on the stock market.Hindsight is all well and good, but if you can spot a business with a scalable fixed cost base in its early stages of growth then there can be significant potential to make a great deal of money from its shares. Read Full Thread Reply

Delayed Upgrade Clock

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