Diales Share Discussion Threads

[value hound] 03/12/2024 11:05

Quite a few of us have presumed this has been lining up for a trade sale - myself included, but is there any real evidence to support this - or just supposition?

FWIW, I get it to be worth around £20m / 38p per share-ish, but it could easily be more given the optimism today - and I imagine they'd be looking for more like 50p plus in a sale - which is the kind of territory the share price used to live in generally until three years or so ago.

[chrisdgb] 03/12/2024 09:31

have been restructuring but now with that done and the single brand name, as I say all tidied up...

[spooky] 03/12/2024 09:29

I have thought someone would buy them for three years and have been sat on a position waiting. Can anyone think of a reason why they haven't been taken over? I know in theory its a people business but...............

[dplewis1] 03/12/2024 09:21

Loss for the year 0.6m?

[chrisdgb] 03/12/2024 08:56

Nice and clean for someone to hoover up........

[battlebus2] 03/12/2024 08:04

Makes a change to be happy here. Seems the turnaround is bearing fruit.

[edmonda] 03/12/2024 07:40

"Results ahead of expectations"

Full research note here:

FY24 was the first year in a four-year transformation process for Diales. Profitability was ahead of expectations, notwithstanding staffing related issues in North America and two customers falling into administration during the year. The move to a hub-and-spoke delivery model has increased utilisation levels further, with the new ERP software delivering ‘real-time’ information and the scope for greater efficiencies. With an expected easing of economic headwinds and reduced political uncertainty, plus a growing pipeline of opportunities, we anticipate increased expert headcount and rising utilisation to drive further growth and margin expansion within the forecast period. The net cash of £4.3m gives the Board options, not least possible M&A and a completion of the share buyback programme.

Net cash / share currently amounts to 7.9p or 29.5% of the market capitalisation, thereby underpinning the sector-leading yield and current share price. The shares trade at a marked discount to its peers and the introduction of conservative estimates leads us to increase our fair value to 47p / share, from 40p previously, which represents a healthy premium to the current price.

[cjohn] 29/10/2024 09:53

Having down-scaled in the Middle East, they are now closing the US office.

A micro multi-national: it makes little sense to multiply complexity and costs with very low turnover subsidiaries all over the world.

The bottom line should be improved by shutting down the US branch that never should have been opened in the first place.

[chrisdgb] 29/10/2024 08:18

Thanks, all looking nice and clean for someone to buy it......

[spooky] 29/10/2024 08:18

Can anyone explain to me why someone hasn't bought this company?

[edmonda] 29/10/2024 07:54

"FY trading update shows group on right track"

Diales has issued an update for the year to September, stating it traded broadly in-line with consensus expectations. This is encouraging, suggesting profitability was largely unchanged in H2 and in turn, higher EBIT margins. The delivery of the hub and spoke model is gathering pace and the group re-branding to Diales completed in July.

Net cash increased to £4.3m (H1 ’24: £3.6m) representing 26% of the NAV and leaves the valuation of the operating business at a significant discount to peers. Staffing related issues in the US have continued, resulting in the decision to close the office and we are encouraged by the Board’s rapid response.

Revenues increased modestly yoy to £43m, suggesting a higher proportion fell during the seasonally weaker H2 (48% vs 43% in H2 ’23), benefitting from a stronger Q3. Underlying EBIT is set to increase yoy to ‘not less than £1.1m’, highlighting a modest improvement in EBIT margins in H2, in part reflecting the cost savings delivered during H1.

Cash levels represent 8p/share and with estimates broadly in-line, we reiterate our fair value/share assumption of 40p.

Link to research:

[chrisdgb] 10/10/2024 07:04

nothing yet......still buying back shares, well supported..

[chrisdgb] 19/9/2024 09:56

Shouldn't be too far away from a trading update.....

[spooky] 08/8/2024 08:22

Why haven't the directors bought any shares for the last couple of years?

[bigbigdave] 08/8/2024 05:37

!FOLLOWFEED
Driver Group PLC (AIM: DRV), the global specialist dispute avoidance and dispute resolution consultancy, announces that the Company's change of name to Diales Plc ("Diales") has been registered at Companies House and is expected to be processed by close of business on 28 June 2024.



It is expected that trading in the Company's shares under its new name, Diales, and ticker ("DIAL") will take effect from 7.00 a.m. on 1 July 2024. The Company's ISIN (GB00B0L9C092) and SEDOL (B0L9C09) will remain unchanged.



The website address, at which the information required pursuant to AIM Rule 26 is available, will be changed with effect from 1 July, to www.diales.com.



Mark Wheeler, CEO commented:

"This change of name consolidates our branding globally, and is a further landmark in the implementation of our ongoing transformation strategy."

[scuba doo] 14/7/2006 11:46

I couldn't agree more , John .

[john hampton] 24/5/2006 20:35

What is this thread got to do with stock trading? Surely a bit much people divulging others telephone no's, whatever next.

[maestro.] 24/5/2006 06:13

Here it is boys!

TEL: [phone]

[frank spencer] 24/5/2006 02:11

owing has a job ??

[knowing] 23/5/2006 23:13

Stupid to88er !

[jake the freak] 23/5/2006 23:04

Although knowing won't be very happy, I heard one of his work mates has "spilled the beans" and leaked his private work no lol

I'm sure it will be of interest to many on advfn lol!

Here it is boys!

TEL: [phone]