We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Share Name | Share Symbol | Market | Stock Type |
---|---|---|---|
Dicom Group | DCM | London | Ordinary Share |
Open Price | Low Price | High Price | Close Price | Previous Close |
---|---|---|---|---|
183.00 |
Top Posts |
---|
Posted at 08/11/2007 14:37 by mdrans1 Shares Mag:Published date: Thursday, November 8, 2007 Shares in Dicom (DCM) rose 3% to 201.5p after the appointment of Reynolds Carl Bish as chief executive, continuing their recovery from August's 155p four-year low. Bish will start work immediately at the information capture expert and replaces Rob Klatell, who stepped down in July. Bish had previously co-founded key rival Captiva, which was sold to EMC (EMC:NYSE) in 2005 for around $275 million. Bish's industry expertise should prove vital as Dicom seeks to rebound from this year's pair of lukewarm trading statements. Shares says: Investors should hold while recovery takes place. RM |
Posted at 23/7/2007 13:12 by gerdmuller My doubts about the ceo seem to have been correct. Share price has been terrible since he took charge.Let's just hope they get someone soon and someone who can move growth forward at a much faster rate. This may be the change dcm really needs. |
Posted at 29/6/2007 11:26 by gerdmuller Got a reply from the ceo and this has eased some of my fears.I was concerned at the level of growth being achieved (amongst other things) and that this was being transferred into the share price. He still regards dcm as a long term growth company after the migration of the business toward becoming more of a provider of products and solutions to enable business process automation. As I have always said this looks to be a very good company which generates a lot of cash. The talk of a takeover emerged about a year ago but has since cooled. Cash generators are what the pe industry loves as the debt can be serviced until the time comes to exit the company. There has been an increase in interest in IT companies by pe firms because many are now seen as having reasonable ratings and good market positions. I think the business model works by selling the licence and then producing a revenue stream by the quantity of items processed. Dicom also gets reoccurring revenue through the service arrangements. Many clients are blue chip so revenue streams should be consistent going forward. It is not a good market for tech many tech cos at the moment as rising interest rates mean that their cash flows get discounted at a higher rate. The dollar is also causing dicom problems. May be a good buying opportunity. I may have to think about it. |
Posted at 22/5/2007 12:23 by simon gordon On the 2006 balance sheet DCM hold £31.3m in cash but after the bills are paid this is reduced to £12m.So if you are stripping out the cash, which cash figure are you using? I am having trouble working out what is the correct/real EPS figure and which one the Brokers are using. At first DCM looked like good value but after digging deeper it is becoming fair value. |
Posted at 19/5/2007 10:57 by upside potential largest instit holder has been increasing on this recent share price weakness (if I read the RNSs correctly); lots of cash on the b/sheet this co so no fundies issues at all. DCM has long been a solid tech co. which has been profitable even back in the 2000 tech mania days. i agree that the recent update was not ground breaking but not overly valued imo and could perhaps feature in ongoing tech consolidation activity. techs which are growing with strong b'sheets are obviously attractive investments for the future. some mkt watchers also feel monies may well rotate soon into tech / growth plays which have underperformed for a long time now. i am interested in DCM. |
Posted at 18/4/2007 11:05 by gerdmuller I must say that when I look at the product line from Dicom there seems to be a lot of technical jargon.Not being a techie I sometimes really struggle to grasp what they are saying. mdrans1 if you are suggesting that dcm needs to get the benefits of their products across to top management without turning them off then I think you are absolutely correct. "'Information infrastructure' is emerging as a concept that describes the alignment of technologies and functional capabilities that support consistent and seamless enterprise information capture, persistence, transformation and delivery." I could find many more if I had time. |
Posted at 18/4/2007 08:49 by gerdmuller Well it looks like the company has been busy at least with some new product innovations announced today.They do seem to be winning some decent contracts and developing some market leading products. Still a very good company with a leading position in a growing market. Highly profitable and generates a lot of cash. The share performance has been frustrating and without further upgrades the company looks reasonably valued. If dcm can beat expectations however then the way this company is viewed may change. New people seem to be doing a decent job so far. As the company does have a very good track record and market position there is the potential for a takeover, either trade buyer or pe buyer. Strong cash flow would cover debt repayments and growth potential would make a sale in 4 to 5 years look easily viable by pe company. PE companies now have huge funds and are moving more and more into the quality end of the tech sector |
Posted at 06/2/2007 12:39 by oniabsta From citywireSoftware company Dicom is getting into the rhythm of its results: business builds as the year progresses because most of its clients make orders in the second half. The company reported pretax profit increased 52% to £6 million for the six months to December compared with £3.9 million a year ago. Adjusted pretax profit was just £900,000 in the company's first quarter, the three months to September. Chief executive Rob Klatell says Dicom's increasing number of enterprise-wide clients do not place orders until later in the year after their budgets have been set. 'The pattern is becoming more seasonal and more backend loaded so the second half is stronger than the first,' Klatell said. The Basingstoke-based group, which sells software to scan printed documents and other sources into electronic data, also has to deal with reporting in pounds on sales that were made in dollars. About half its business is in North America Revenue rose 3% to £78.5 million from £76.4 million although it was up 6% in local currency terms. 'The 7% decrease in the dollar has impacted but it's only in the translation,' Klatell says. 'The underlying business is still the same.' Adjusted earnings per share rose 13% to 6p from 5.3p a year ago. The proposed dividend was up 15% to 0.71p from 0.61p in 2005. Margins of 14% improved upon last year's 12% due to a 19% increase in licences year-on-year after a 5% decrease in the first quarter. The company said its pipeline was significantly ahead of last year and that it had won new customers including Charles Schwab, Romanian Savings Bank and Maybank in Malaysia. Outside of North America about 10% of Dicom's business is in Asia, where it is breaking even, and the remainder is in Europe and Africa. The company began in archive storage, transforming company records into electronic data. 'We're migrating out of the back office and into the front office,' Klatell says. 'We're capturing that information when it first hits the enterprise, be it printed matter or in text messages, and translating it into useable electronic data.' Dicom shares added 13p or 5.83% to 236p in morning trading valuing the company at £208.8 million. Major investors include 65 BR Trust with 7.4%, Standard Life with 6%, Prudential at 3.2% and Legal & General at 3.1%. Broker Bridgewell rates Dicom a buy, saying it has bounced back again with second-quarter profits well ahead of expectations, driven by a recovery in licence revenues. This should dispel concerns about second-half loading and drive the stock towards our 260p price target,' analyst Kevin Ashton wrote. 'This is the second time the first quarter has been weak only to be countered by a very strong second quarter, leaving the company with good revenue growth overall. This should set minds at ease about seasonality patterns,' Ashton wrote. Numis upgraded Dicom to add from hold and lifted its target price to 255p from 230p. It raised its forecast 2007 EPS to 12.8p from 11.6p. |
Posted at 06/2/2007 11:47 by woodcutter wjc - nice to see you here. when the mohomine kicks in this will be a very good stock to hold. From what i gather corpora offer a similar product to mohomine and they've been winning quite a few orders recently so the market is there. No comparison between corpora and dicom though, in terms of size etc. Possible target corpora? I've been in and out of dcm before for a nice profit but got back in a while ago.It's now one of my long term holds, i'm a little overweight in it but i think it's got great potential. |
Posted at 06/2/2007 07:35 by mdrans1 Dicom Group PLC06 February 2007 Regulatory Announcement DICOM Group plc Interim Results 2007- Six Months to 31 December 2006 DICOM Group records strong performance in Q2, good progress made towards strategic goals Basingstoke, 06 February 2007 - DICOM Group plc ('DICOM Group'), a global leader of Information Capture and Communications (ICC) solutions, today announces record financial results for the six months to 31 December 2006. The Group grew strongly in the second quarter; revenue of own products up 25%, services up 12% quarter over quarter on a like-for-like basis. Financial Highlights of the Interim Results (prepared under IFRS) Revenue up 3% to £78.5m (2005: £76.4m), up 6% in local currency terms - Own product revenues up 13% in local currency terms Gross profit margins increased to 54.6% (52.2%) Adjusted operating profits up 9% to £7.0m (2005: £6.4m), increase of 14% in local currency terms Adjusted operating profit margins of 9.0% (8.4%) Adjusted pre-tax profits up 14% to £7.6m (2005: £6.6m) Pre-tax profits up 52% to £6.0m (2005: £3.9m) Net funds of £27.5m (£29.7m at 30 June 2006) after spending £4.2m net on acquisitions and disposals Adjusted earnings per share reported at 6.0p, up 13% (2005: 5.3p) Proposed interim dividend up 15% to 0.71p (2005: 0.61p) * Further details with regards to the calculation of adjusted earnings and adjusted profits are set out in note 2 to the financial results. Operating Highlights With Kofax Intelligent Capture and Exchange Suite, DICOM Group unveils a comprehensive strategy that directly links Information Capture and Exchange with key business processes Pipeline significantly ahead of the comparable period of last year Key partnership with Salesforce.com: Kofax Document Scan Server certified for AppExchange DICOM Group recognised orders from new and existing customers during the quarter including Citrus County Clerk, Pemex Exploracion, Banamex Citigroup, Premier Farnell, Partner's Healthcare, Minneapolis Hennepin County, Polk County Clerk, Seco Staatssekretariat, Murphy Oil, Charles Schwab, Gerdau, Romanian Savings Bank, Sogei, Allianz Slovenska Poistovna, Maybank, Malaysia and Pan Resources. Launch of Ascent Xtrata Pro in November 2006 Commenting, Rob Klatell, Chief Executive Officer of DICOM Group said: 'The second quarter's strong performance has laid a foundation which we can build upon to achieve the objectives we set for the year. Our new customer wins, coupled with the strength of the sales pipeline, validate the market's acceptance of the value provided by our products and provide a solid base for the future. Looking ahead, we believe that our strong sales pipeline and market leading position, combined with the activities of our partners and customers, will enable greater opportunity for top line growth and increasing profitability for the year as a whole.' A recording of the presentation given to analysts will be available on the Company's website ( www.dicomgroup.com ) from 2.00pm today. |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions