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| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Derriston Cap. | DERR | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 15.65 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 15.65 | 15.65 |
| Top Posts |
|---|
Posted at 18/9/2018 21:06 by stuffee MontyThe big hitters you mentioned recently subscribed into Derr at approx 10p. Hemsley, Wray and others sold part of their holdings yesterday at 16/17p. They must collectively feel it is a buy at 10p and a sell at 16p. Incidentally page 44 of prospectus states the new institutions bought into S4 at 117p and then Derr acquired S4 on basis of 1.163 Derr shares for each S4, equivalent to buying Derr at 100.6, or 10.06p in present form (hope I've got numbers right). I suggest it is "rather shrewd" if Wray and friends sold yesterday at 16p in expectation of price falling back to maybe 13p or 130p in new form. On fundamentals, Med Monks made E10.3m pre tax profit in 6 months to 30 June 2018. After allowing for second half growth, annual interest of say E2m on the E50m new debt, say E0.5m of plc costs, I assume the group is currently earning pre tax profits at rate of say E21m for year or say £13.3m after 25% tax; this would produce eps of 5.2p. A share price of 130p would then represent a PE of 25, which strikes me about right, although the immediate price might be slightly below this due to short term potential profit taking by those who recently subscribed at 100p. I accept the share could trade at a PE of 20 or 35. Interested in others' comments on these numbers; there is another estimate on this BB of earnings after tax of E25m; I feel this is optimistic as I'm not sure it allows for any tax. Has anyone seen any brokers' forecasts yet? Apologies these are different views to nearly all others on this BB, (although maybe compatible with Wray and Hemsley), who are suggesting price will soar from current 17p as 28 Sept approaches. |
Posted at 18/9/2018 14:19 by stuffee If I could warn against some of the excessive enthusuiasm above.The prospectus states that on 28 Sept Derr will issue 250m new shares (after consolidation) of which 139m or 54% will be held by institutional investors (page 45) and I can't see any mention of any lock in on these. These new shares were recently placed at 100p per share (equivalent to 10p today) and I'm sure the holders will be tempted to take profits if there is a large premium over their issue price. I would certainly like a few of these for the future, believing that its acquisition, Media Monks has great future with Martin Sorrell but I wouldn't buy before 28 Sept due to the flood of new shares available. Although the price might well fluctuate a bit over next ten days due to the very tight market, I can only see a potential fall just before 28 Sept. Interesting that Nigel Wray's original partner in Derr, Stephen Hemsley, (perhaps rather shrewdly) ditched most of his shares yesterday. I now see that Roy Nominees an associate of Nigel Wray has just announced it has also ditched a large slug. |
Posted at 17/9/2018 14:38 by cpap man On closer inspection and once again in my view the UKLA and these well known original backers of DERR came to an arrangement [hence those holding RNSs] so that trading in DERR shares could resume with an orderly market [buyers and sellers being matched] |
Posted at 17/9/2018 14:08 by cpap man Anyone with any City experience will know that there is indeed some forward selling going on at DERRSo what? Well the benefit is that those who want to can and it assists in maintaining an orderly market which is why the UKLA finally relented last Friday and allowed the resumption in trading in DERR shares So far so good with DERR up by circa 80% but in an orderly way DERR will continue higher despite any forward selling as demand for DERR stock will continue to outweigh supply of DERR stock This is simply due of course to Sir Martin Sorrell [of WPP fame] absolutely amazing business history Within 5 to 7 years DERR will in my view be worth many multiples and be sat in the FTSE100 Most institutions who back him at WPP have followed him to DERR and will in my view again continue to hold for those mega medium to longer term share price gains at DERR |
Posted at 17/9/2018 08:52 by cpap man What the hell are you on about? Sir Martin Sorrell [of WPP fame] will make DERR a Stock Market darling 0- come back in 5 years or so and see where DERR are standingFTSE100 perhaps?!?!? |
Posted at 16/9/2018 15:56 by cpap man My 5 year share price target for DERR is 10,000pAnd then it will be a case of addressing his LORDSHIP Lord Sorrell of DERRTASTIC Enjoy the journey DERR supporters!!!! |
Posted at 16/9/2018 14:34 by cpap man LOL yes PC - there are tons of posters who are obviously NOT yet in DERR who are de-ramping like crazy so that they can try and get into DERR on the cheap!!!!Basically these de0-rampers are saying dump DERR prior to a possible explosion in the DERR share price perhaps DERR will go and hit 100p+ IGNORE THESE DE-RAMPERS otherwise it will cost you a fortune [they are trying to steal your DERR shares on the cheap!!!!] These very same de-ramping posters would have said sell your WPP when the share price went from 2p to 4p stating that WPP were over valued. WPP stand at pounds and pounds with a billions MKT CAP This is of course the true magic of Sir Martin Sorrell who will do the same at DERR in my view but this time within 5 to 7 years only!!!! |
Posted at 14/9/2018 17:17 by cpap man As I posted earlier Sir Martin Sorrell of WPP fame is giving everyone another chance with DERRThese types of opportunities are very rare and generally only occur once in a life time DERR will continue northwards next week and it would not surprise me if DERR went on to hit 100p+ |
Posted at 14/9/2018 14:10 by cpap man Should be a fun next week or so with lots of volatility plus mega volumes traded at DERRAnd of course a likely strong rising DERR share price! |
Posted at 14/9/2018 14:00 by cpap man Sir Martin Sorrell is an amazing manDERR will not be the next WPP but DERR will become mega with a stock price that reflects this! |
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