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DTL Dexion Trading

133.75
0.00 (0.00%)
30 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Dexion Trading DTL London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 133.75 01:00:00
Open Price Low Price High Price Close Price Previous Close
133.75 133.75
more quote information »

Dexion Trading DTL Dividends History

No dividends issued between 01 May 2014 and 01 May 2024

Top Dividend Posts

Top Posts
Posted at 21/2/2012 13:38 by praipus
Noticed that active valiue investors Newton Investment Management and Weiss Asset Management have holdings in DTL.

To see the rest of Newton Investment Managements' and Weiss asset Managements' holdings
Posted at 27/6/2002 14:47 by digital sport
Omerta-I did speak to your mate GS and what a nice fella indeed.

Firstly i asked Adrian Bradshaw about press speculation of a 2nd aquisition,he obviously could not answer the question but i deduced that something is imminent.IMHO. Also a number of uk transfers are in talks!!

DTL now have a large network in Spain and a smaller network in Italy where deals are and will happen.(transfers).Strategic alliances.

DTL are building a network in South America and the recent transfer of Matias Vuoso confirms this, Terry Venables identified this player for the group.It was the way in which DTL transacted this deal that is most impressive and has won them a reputation in South America. (i am not sure that i can say how on here).

I also spoke to the companies brokers regarding institutional investment and their reply was what impressed me most although i do not want to say on this BB for obvious reasons.

hope this helps
Posted at 12/6/2002 19:13 by to350
Perhaps were getting a bit carried away with superstars here. Only my opinion, but if you have lots of smaller, steadier income coming in, it is just as good as the revenue a superstar can produce, however if you lose one minion you still have 100 plus others, but if you lose your superstar you are STUFFED.
I believe that the management are going in the right direction so far. How many companies can anyone name that started with a top client base? The simple fact is that it will take TIME and a LOT of hard work to realise the sort of returns that we are looking for, so to take anything other than a medium to long term view on this stock is futile. OK occasionally we will be able to make a few quid on diving in and out, but I for one will only use those profits to increase my holding in DTL as I have faith in the management of DTL on their performance thus far. If anyone out there can give me a SENSIBLE point of view on where the management have failed up until now, I will be happy to read your post.

Happy trading to all from a warm and sunny Gibraltar.
Posted at 10/6/2002 19:28 by hillbilly999
whats a matter bruce have you sold all your stock in dtl? this is your thread from march


Click here for related discussions
Bruce the Goldfish - 25 Mar'02 - 14:08


ABOUT DIGITAL SPORT

Main Activity – Acquisition of sports related businesses. Operates ICON Management Solutions Ltd (ICON), a football agency business, which has Darren Anderton, Seth Johnson and Terry Venables on the books to name a few.

Number of Shares in Issue – 768million

Major Shareholders – G Smith 11.40%, Socknersh Investments Ltd 7.78%, Richard Ellis 5.75%, James Allen 5.71%, Eurobet (UK) Ltd 4.44%, L Angel 3.38%. = 38%.

Website -


BULL POINTS

Mkt Cap of £2.5m covered by cash in the bank of the same amount

NAV = £3.4m

No Debt

Currently 0.45p to buy (an all-time low)

2002 World Cup only a couple of months away

Disposed of One Sport Limited a loss-making trading subsidiary

Recently acquired ICON, which trades profitably in the expanding football agency business


BEAR POINTS

Potential agreement with Sports Network cancelled which took up many management hours

Gary Smith recently resigned, although he has claimed that he will not offload his 11% holding in the company in the near future.


CONCLUSIONS

DTL is grossly undervalued imho. The company has no debt, has a positive cash balance of £2.5m, has NAV of £3.4m, and its main operating subsidiary (ICON) trades profitably in the rapidly expanding football agency business. The 2002 World Cup is only a whisper away and any company that has any degree of exposure to the event will draw attention from the investing public. All in all I see DTL as a great potential recovery play with massive upside potential.

As always DYOR

BTG


sorry bruce just don't understand the change in your direction
Posted at 03/5/2002 11:09 by bruce the goldfish
DS - Thats where your investment is strategy is going wrong with DTL. You should aim to buy on the lows and sell of the highs, the old troughs-n-peaks strategy - RIDE THE WAVES. So far I have timed my trading at exactly the right moments. First bought into DTL at 2p a year or so back on the back of the expected Sports Network deal that never materialised. Flogged them at break-even in the end. Second investment was made at 1.25p and sold them for 2p not long after. Third investment in at between 0.34-0.4p and offloaded at prices ranging from 0.75-0.85p. Now looking to get back in for a fourth time at less than 0.4p which I think is a distinct possibility in the short-term as no impending news materialises and short-termers get bored and move on. For those that bought into DTL in the run up to the "quite dissapointing" results imho they are now sitting on a pretty substantial loss (especially those that bought in at 0.6p and above). I expect we may see this recent raft of sellers continue to show their faces as stop-losses are continued to be broken....

:o)

BTG
Posted at 02/5/2002 19:01 by anval
Must admit that i am new to DTL, and i am trying to glean info as to the past and present, it seems to me that DTL is a very very small player in the sporting market, seems there could be some big names that could sign up with DTL and if thats the case others could surley follow their lead, could be a interesting investment, and should ! these get going they could potentialy be rewarding. ;@)
Posted at 30/4/2002 11:48 by bruce the goldfish
T0350 - even speculation has to have a grounding. When DTL was last valued at 2p per share it had circa #6m cash in the bank, now that has been dwindled down to #2.4m. Even at 0.4p DTL would be valued at around cash in the bank, which is why I believe at that price or below it is a good bet as long as trading does not become loss-making and management do not make any bad investment decisions ala onefootball.com. There would be considerable hype pumped into the price to see DTL hit 2p within 2 years imho and the fact is that the market in its current state does not like hype only sound fundamentals and a proven business plan....

Regards

BTG
Posted at 29/4/2002 15:50 by bruce the goldfish
DS - Fact is no-one (including you) thought we would see 0.34p offer but we did!!!!

When the short-termers get bored and jump ship the price may weaken further at which point I will take advantage if the price is right. However at the current price DTL is capitalised (£4.9m) at more than twice the cash the bank (£2.4m) and well above NAV. That therefore means that the football agency business (ICON) is valued at £2.5m yet only generated £800k of turnover and since DTL acquired the business has become loss-making, therefore eroding the remaining cash balances. There is a lot of short-term hope already factored into the price and even Citywire have reported that this looks like it is going to be a medium to long-term punt (2 years in todays article).

I was also dissapointed to not have seen any news and developments regarding World Cup strategy today as that is only 30 days away. As for news in the not so distant future we have all seen how long it took the company to attempt to sort out a deal with Sports Network (which never materialised for the record), so I would not bet my bottom dollar that the company will announce anything over the coming weeks or possibly months. As for a long-term bet if DTL invest their remaining cash resources wisely then 2p may become a reality although tend to agree with citywire that it is probably a case of 2 years rather than 2 weeks or months....

DYOR

BTG
Posted at 23/4/2002 12:57 by primrose
Hello "Digital Sport"...
BTW What you going to call your Advfn free username,when this one's
over with ? It's Still on Monitor, from weeks ago since you
were pushing it everywhere and finally it's moved a bit.Hmm.(Lol)

HUMOUR me Please. Given today's rise and I note your confession to
Bartbuild in post number 181 on the "DTL £MCap 2.5m other numbers.."
thread that "BRILLIANTLY" (Lol) You personally need this stock to go
closer up to 1p just to break even and "get your money back",which is why you're pushing it everywhere ? (shame on you) However,out of Interest ??
Exactly how much more upside potential is there in DTL ?
Realistically where is it going near term ? and by Monday 29th April ?
on Monday 29th April ? and where will it be by Wednesday 2nd May ???
Better or worse? You say on these threads to the world "told you so"
repeatedly but what exactly did you tell anyone...?

And why it's so clear that you're an open minded, honest chap,
if clearly very young and exhuberant-Please can you
tell me what the possible downside points are to DTL as all
investments can go down as well as up,can't they. So what are
the risks buying into DTL at the moment ??

(Come on Digi. Give us some Negativss........(Lol)

Good luck though mate-Hope you get your "nearer to a penny" back...
Phil
Posted at 25/3/2002 11:19 by bruce the goldfish
Morning gents, just to let you know that I have joined the so-called party also today. I first bought into DTL at 2p after a tip in the Daily Mail regards the Sports Network deal well over a year ago now. Nothing happened over the next 6 months or so other than the share price falling to 1p in which I took the opportunity to average down, the next week I sold out my entire holding for 1.75p making a decent return in the end after the initial 50% loss on my first holding.

At 0.4p DTL is significantly undervalued imho. The company has a market cap of £2.5m, and in a recent interview with Bloomberg Paul McCaughey, Commercial Director of DTL, announced that the company had no cash problems and that it actually had more than £2m earning interest in the bank. His exact words were:

"We still have in excess of two million pounds; we are not short of cash"

DTL recently acquired ICON (a football agency) which has dealt with 2 of the largest British transfers of the year, which alone are expected to deliver £1m of turnover and £600k profit. In the same Bloomberg interview, McCaughey claimed that ICON expects:

"to become significantly profitable in the next twelve months"

With the 2002 World Cup knocking at the door, companies with any kind of exposure to the event will draw attention from the investing public. This all makes DTL an excellent recovery stock in the near-term imho.

:o)

BTG

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