Defenx Share Discussion Threads

[marko68085] 09/4/2001 10:40

And on !!!!!!

[marko68085] 04/4/2001 08:10

And still the con goes on !!!!!!!???????

[marko68085] 02/4/2001 11:12

Well well,

It looks like you guys have saved yourself about 12p per share.

Still look like a bargain to you ?

[marko68085] 13/3/2001 08:12

Abbo.

Case proven I think. QED

[abbo64120] 02/3/2001 21:39

Why the above 2 comments?

What makes it rigged?

Is there a chance that MM's have looked harder at this share and have realised that there was no demand at the previous price (check trades if you wish) or is it the possibility that they thought the share was overvalued.

If you disagree and think that DFX is a bargain then pile in ..... the rest of the market will soon follow if you are right and you will make a small fortune.


Confident????

[apsoo] 22/2/2001 09:45

Most definately--the relevant authorities ought to investigate. Or are they in on the act aswell hence never any investigations.Today they have made it plain obvious !!!!!!!

[johnmeeson] 22/2/2001 09:32

Todays price must confirm that the market is rigged.

[tony14] 22/2/2001 09:29

The markdown this morning seems overdone. Just found the following article on Citywire.


08:07, Thur 22 Feb 2001

Dataflex upwardly mobile

Call routing group Dataflex has signed up for a pilot project with US telecoms firm Globalstar to supply real-time billing services.

Globalstar's pre-paid roaming service allows a customer from one franchise area to 'roam' to any gateway anywhere in the world, which requires a real-time billing link between the home and roaming network.

Step forward Dataflex, which will integrate it's Talking NT real-time billing package with a call-routing system to serve Globalstar's mobile network.

The pilot scheme will be operational before the end of April and will initially focus on one of Globalstar's existing gateways. A full rollout to other areas of the network is expected before the end of the year.

The contract, with Globalstar's Middle East unit, is a progressive move for Dataflex and represents its first step into the mobile arena.

Shares in Dataflex (DFX) were up a penny yesterday at 77.5p, but have fallen 11.5p to 64.5p today in the wake of Nasdaq's overnight tumble.

©2001 citywire.co.uk

[rbm] 22/2/2001 09:24

Yes it is - as usual someone is screwing around.RBM.

[apsoo] 22/2/2001 08:45

Can anybody explain the 11.5p mark down on NO VOLUME and on the back of todays announcement of an alliance. Isn't the announcement good news.

[giggsy] 22/2/2001 08:42

With the announcement of two recent contracts and probably further deals of the mobile and Smartgem variety, it would appear that the management have made a deliberate attempt to drag down the stock and reduce confident in it so they can snap up more? I reckon the second half of the year will see an increase in DFX's share price based on further contractual agreements and alliances.

Technically DFX is a sound company and now at a PE of just 11 (!!!) for a telecoms stock this represents excellent value. IMO true value fro DFX is the 180p mark in relation to the market competitors.

If the profits will be 'considerably below market expectations' then surely this means that there will be a lesser number of contractual agreements?

Come clean and put us DFX holders out of our misery!!!

[lyndy] 08/2/2001 07:55

Dreamopertor
do hope you weren't suggesting I was ramping either. I would just like to back mh29 and clarify the position.

[abbo64120] 06/2/2001 18:09

Looks like the aquisition has gone down a storm!

[guyclayton] 02/2/2001 00:42

I see it's Icelands turn now & Kingston. Still, every cloud has a silver lining!
Regards to all out there!

[johnmeeson] 31/1/2001 17:29

I agree with the presentational sentiments, did they omit that the wheels on the Chairmans Roller were about to fall off?
The problem for shareholders is that the company will probably waste our cash on fruitless projects, mindless aquisitions or trying to appease the teenage scribblers.

[yump] 31/1/2001 16:58

Here, here.
You would think that they would get some praise for being able to move from modems, through the current products towards the next new products, while actually increasing profits for the last few years. Mind you, since when have analysts understood how to run a business.

[mh29] 31/1/2001 16:55

Guyclayton

Youv'e hit the nail on the head. The problem with the announcement of the results was due to the presentation only. Their brokers want shooting also for spooking people out of the share by suggesting that the company should issue the results earlier than expected and causing panic. We all know the markets are just looking for bad news at the moment and i do wonder whether a lot of the comments by brokers at the moment are made to look more serious than they should because they have some ulterior motive! The brokers at the moment seem to be the biggest derampers of all...i wonder why. They supported the company at the IPO and now they seem to have less faith in the company than they expressed to start with..or do they?

i wonder how many of the brokers have bought this share in the last week or so?

Stay in and wait for news announcements!

[guyclayton] 31/1/2001 16:20

This company used to make most of their cash from supplying modems. Most is now made from smart gems. If Dataflex don't make another high selling gadget I'll eat my telephone!
Seriously, I think they are greatly undervalued but think their Dutch MD could learn to phrase his words better when announcing results!

[mh29] 31/1/2001 11:09

forwood..

well said!!

[forwood] 31/1/2001 11:01

I agree. Apologies for an edited cross posting from the iii boards but just after the results were announced I phoned the company to clarify the position on future earnings. Amid the gloom, I was told they expected a further £2m this year. As we have yet to see a broker's report, I ran through the figures at yesterday's price of share price of 80p, to inform what I should do as a holder of 6000 shares nursing a potential 30% loss.

Taking a rational view, the interim statement shows net assets per share of 43p, of which 28p is cash. With £2m PBT in the next 6 months, the risk of further downside in the share price is minimal, whereas the upside is significant.

If they can turn in, say, £2.8m net profit annually (based on the next 6 months dire but transitionary prospects), and we link share price to 30 times EPS (the broad average for the sector), the shares would be £1.23! But that ignores the fact that they are profitable now, have a relatively large cash pile for further investment, and can be expected to earn significantly more than this soon.

Don't forget, this year's EPS is now expected to be around 10p (£10m less 30% tax divided by the no of shares), which at 82p gives a current PE of just 8.0!

So why did the price dropped to this level? Instead of being able to report smoothly increasing profits, there was an exceptional profit in the half just gone. Usually, it's better to have cash in hand but regrettably, the market does not act rationally to reports of future earnings. Also the company (as advised by its broker!) was less than clever with its presentation of expectations and future prospects. However, there appears little reason to penalise them on that score by selling now, and indeed quite a few reasons to buy.

If it takes 6 to 12 month before we hear good news, the price could drift around the current level, 'though I expect it to improve marginally in the short term (it has already!). If others confirm my analysis, we should see the price recover by up to 50%, though there may be some discount for uncertainty. Good news before the year end could have a huge impact here.

Draw your own conclusions.

[mh29] 30/1/2001 22:35

Dreamoperator

i dont ramp...doesn't work. No ramping in previous messages either. Only educated comments!

Tone

No 3p spiral then!

See the 100,000 buy today!

Stay in for the short/medium term, then re-assess. No point selling at this level when they will comfortably make it back to £1+.

DYOR and good hunting.

[mh29] 30/1/2001 12:32

The Nun

exactly the way i see it!!

I agree with Judgement's posting above that the results were presented in a very sombre and downbeat way and this hardly filled investors with enthusiasm for the stock. However, the figures u post above are accurate and this supports the current price of 78p'ish. Although the price may slip a little more to say 60p'ish the idea of this share going to 30p is ridiculous. I expect that as a couple of the institutions may head for the exit door in the next couple of months, it may slip slide downwards, but as impending announcements on new markets & products leading up to the next results come through, the stock will stage a recovery to £1.20'ish.

Anybody considering selling now, at this price, shouldn't have invested in DFX in the first place!

Hold on folks.......a 50% increase from current levels in the next 6 months...easily.

P.S. i bought in at £1.65 & £1.45 and am very disappointed with the recent turn of events. As judgement stated earlier, the price will not improve until some news flow regarding products/markets developments...which will come soon! I am resigned to the fact that i will not get all my dosh back, but will not sell at this level when i know the stock is worth a minimum of 25% more in the very short term.

All IMHO. DYOR. Good Luck.

[bowler] 30/1/2001 03:54

10% stop/loss and I sold all my shares today, I would rather have the cash in a GROWTH share - probably IXP, CED, SYN or DCM. Perhaps management will turn the Company around, but until it happens I don't want them using my cash. Good luck to you all. B

[tone] 30/1/2001 03:25

This share will go to 50p, with ease, they have no market left in a downward
spiral, watch another 3p come off today

[dream operator] 30/1/2001 01:27

dae ya wants ta noo wit gets me!

a feel sorry for the buddies thit boccct oon yer RAMP!.......