Delcam Share Discussion Threads

[quantumx] 29/3/2004 11:28

Agreed, a definite hold. I would love to know what happened with their workflow product and whether they have found a good market for that.

qx

[cockneyrebel] 29/3/2004 11:06

Agreed - though the pension and the $ was already factored in by my calculations. Still think they have the scope to grow earnings in the face of these issues.

A hold imo.

CR

[quantumx] 29/3/2004 10:46

Good results, shame about the pension fund and the possible detrimental impact of the weak dollar, still, even if next year is 20p then a PE of 10 is very undemanding. Good to see that they have exposure to the Chinese markets which still has a reasonable manufacturing base!

[djalan] 29/3/2004 10:40

LONDON (AFX) - Shares in Delcam were in demand after the software supplier
revealed a 26 pct increase in profits growth for 2003 on the back of record
sales and said it is optimistic about 2004 based on current trading.
Pretax profits rose to 1.35 mln stg in the year to December from 1.07 mln
the previous year, on sales up 8 pct at 20.5 mln stg.
The results show the effects of strong trading in the second half, Delcam
said.
Delcam shares were 11 higher at 202 by 8.34 am.

[cockneyrebel] 25/3/2004 12:46

Moves on no volume - one sell of 300-500K can move an mm - has always been like that - a bum on the way down, great on the way up.

CR

[quantumx] 25/3/2004 12:17

The MMs are punishing this one this morning on little volume and no news! Shame, this one could surprise!

[quantumx] 18/3/2004 19:27

Not much on this BB. Anyone any idea what is happening with Delcam?

[quantumx] 19/2/2004 08:12

Jal

Looking forward to the final results .... hopefully soon!

[djalan] 18/2/2004 18:03

quantumx
Good question re charts (post 37)

Those bollinger bands were good indicators for me
When they go really narrow for a while, like Oct Nov Dec, then break out sharply, this time upward, is seen as bullish

rs 14 value over 50, bullish
Momentum high and bullish


From

Delcam PLC said it achieved record sales in December 2003 and
that trading for the year to December 2003 is expected to be above market
expectations.
lower tax charge in the 2003 accounts
Delcam said it is also reviewing its pension fund and expects to find a
funding deficit
good luck
jal

[quantumx] 18/2/2004 11:22

OK, so tell me what all the charts mean? Are we in for EPS of 20p? I think they were 14p last year?

[djalan] 18/2/2004 10:12

What a good little earner

[kitkat] 09/2/2004 12:05

small write up in scsw - 0208 656 4648

[djalan] 09/2/2004 11:52

Good rise today
A few trades

Has it ben tipped somewhere????

[brugha] 09/2/2004 11:10

Starting to motor
Anyone else in on this gem?

[djalan] 04/2/2004 19:14

brugha

It's a small co
Not much going on
However, future looks bright
Perhaps an increased divi
jal

[brugha] 04/2/2004 12:19

Why no interest here

Pension problem? who hasn't?

[djalan] 30/1/2004 16:49

Pity they didn't give us an idea of the size of the pension fund deficit

[kitkat] 30/1/2004 07:48

have a feelinh these might drift down before climbing up again

[djalan] 28/1/2004 10:45

LONDON (AFX) - Delcam PLC said it achieved record sales in December 2003 and
that trading for the year to December 2003 is expected to be above market
expectations.
The company is also expecting a lower tax charge in the 2003 accounts,
largely due to tax credits arising from research and development tax credits in
recent years.
Delcam said it is also reviewing its pension fund and expects to find a
funding deficit. Once the extent of the deficit has been determined it will
decide how much and over what time period any deficit will be accounted for in
the profit and loss account as an exceptional charge.
The company plans to post its results for the year to December 2003 by the
end of March 2004 following completion of the pension review

[emmaflynn] 28/1/2004 09:36

£3 has never happened, but you never know.

Amazing the foresight Peter Miles (non-exec director) has, always seems to buy just at the right time, just before a price rise based on good news......

Hope he didn't buy in a close period AGAIN.

I do hope Delcam continue to build upon the excellent products and staff that they have.

[kitkat] 28/1/2004 08:05

lastone at 195p

[kitkat] 28/1/2004 08:04

excellent results
300p here we come

[shuisky] 28/1/2004 07:41

trading statement this morning...

* record sales
* beating market expectations
* uncertainty over level of funding deficit

The funding deficit will inevitably create some uncetainty and hold back, what is otherwise an excellent update.

[shuisky] 27/1/2004 13:39

Kitkat-I'd love to know how or where that PE=5.5 figure has come from. The house broker has 2003 EPS as 13.1 giving a PER=190/13.1=14.5

[kitkat] 16/1/2004 16:31

Don't say I didn't tell you guys to buy
still time next week