Dicom Share Discussion Threads

[Abuse team] 06/2/2007 07:19

Post removed by ADVFN

[mdrans1] 02/2/2007 12:41

LONDON (AFX) - The following is a compilation of UK smaller company results due out in the 2 weeks to Feb 16:

TUESDAY FEB 6
Close watchers of software supplier Dicom Group PLC are expecting some bounce-back in Q2 from a weak Q1, especially as the company pointed out at the time that the pipeline was 'significantly ahead of last year'.

With Currencies trimming revenues by some 2 pct, Bridgewell's Kevin Ashton forecasts organic sales growth will be some 9 pct year-on-year.

The analyst looks for adjusted pretax profits from continuing operations of 5.9 mln stg for the six months to Dec 2006, with around 5.1 mln coming in Q2. It made around 6.3 mln in the comparative period.

If Q2 is in line, then Ashton believes the company will persist with the Q1 outlook statement that, as the year goes on, there will be greater opportunity for top-line growth and increased profitability.

His FY 2007 forecasts -- he looks for adjusted pretax profits of 16.3 mln stg -- still remain heavily back-end loaded (65 pct of EBITA in H2), so there is still work to do. He, nevertheless, feels the stock has corrected more than enough not to reflect any H2 risk.

[bigjohn75] 30/1/2007 11:39

Think it has now come off the bottom so bought more @ 217.5

[mdrans1] 24/1/2007 11:27

Prudential showing confidence in the run up to results on Tuesday 6 February 2007 :-
notified on 09 November 2006 that Prudential plc and all of its subsidiary companies no longer have a notifiable interest in the ordinary shares of DICOM Group plc.

notified on 23 January 2007 that Prudential plc and certain of its subsidiary companies have a notifiable interest in the ordinary shares of DICOM Group plc of 6,123,098 shares, being 6.95 per cent of the current issued ordinary share capital of DICOM Group consisting of 88,101,556 ordinary shares.

[mdrans1] 12/1/2007 21:04

This week's Shares Mag has a feature on M&A prospects for 2007 :-

"EMC's acquisition of Captiva suggests Dicom (DCM) could be a target for an IT heavyweight"

Volume up a bit today and inline with the trend.

[gerdmuller] 21/12/2006 13:32

M&A and buy-out activity has picked up in recent years, especially the pe sector. Just read in US Buyout journal that it is estimated that $15-$18 billion of buyout funds will be raised in the US next year to target at tech cos.

Aticles says they are bullish on the sector. DCM does generate good and reliable cash flow which is an importany factor in the lbo market.

[tonsil] 20/12/2006 13:02

this company will be bought - the consolidation of the document technology space is ongoing - look at the momentous events of the last 6 months
Captiva Stellent FileNet Hummingbird all gobbled up only three major traditional players now the rest of them are new players - Oracle Microsoft

rumoured buyers - Oracle HP IBM Microsoft have all been mentioned in the industry -

they will be gone by end of 2007 - prediction for the almanac

[mdrans1] 05/12/2006 14:48

Regulatory Announcements

Technology Strategy Update

Strategy Links the Capture and Exchange of Information with Key Business Processes

[mdrans1] 03/12/2006 16:35

Would I be correct in thinking that a weak dollar is good news for Dicom ?

[honest ern] 30/11/2006 16:58

good rise in a downward market. Hope we have now seen the bottom.

[gerdmuller] 28/11/2006 12:41

I asked the same about Vega yesterday, a nice little co on a forward PE of about 12. I think the truth is that many tech related cos have fallen in the past month or so.

Many of these falls are not company specific. So I think if you are investing for the medium term then it is possible to buy some companies at 20 percent or so below their recent price and on a reasonable valuation.

[honest ern] 28/11/2006 10:42

what the freek is happening to this share. Wheres the bad news to cause the share price to keep falling? Must be undervalued, so hopefully we'l soon get to a support level.

[doctorbird] 22/11/2006 00:01

Yesterdays hesitation candle was followed this morning by a steady rise from 221 so I bought mid-afternoon for 226 and with close at 230, a good start to the trade.

[doctorbird] 18/11/2006 02:37

What dip is that then? If the director is right, DCM must be really good value now? But I shall wait for a signal because I am cautious. Back in August(post 602)
I sold after holding 16 days, for a 10% gain from a break-out. Now it is back down to that level and I hope to be able to do that again.

[mdrans1] 16/11/2006 17:43

Shares mag ref Q1 results :-

For the second year in a row, the information
capture software expert recorded
a disappointing set of Q1s and after a
10% one-day plunge in the share price,
shareholders will be hoping CEO Rob
Klatell's assessment of the figures as
normal seasonal weakness is accurate.
Dicom went on to prove last year's
growth stumble was an aberration with
three subsequent strong quarterly reports
and its shares roared back. Klatell clearly
believes this pattern will be repeated, as
the firm's sales pipeline is much higher
than it was a year ago.
The shares should get support from
industry consolidation. IBM recently
bought Filenet for $1.6 billion but still
lacks the information capture expertise its
rival EMC acquired through Captiva for
$275 million. Dicom could plug that gap.
■Shares says: Not expensive and
industry M&A should help. Buy on
the dip.
by: Russ Mould

[amt] 07/11/2006 20:34

The directors buy is very encouraging. First opportunity since out of close period.

[gerdmuller] 07/11/2006 13:56

At least a director has bought a few today (£24000).

Q1 does look a little bit below expectations but this is possibly one of the problems with reporting quarterly which I believe they have thought about giving up.

Fortunately sold some yesterday at 16.15 but bought them back this morning as I still believe this is a good medium term bet. But now the Samsung unit is out of the way and all the acquisitions are getting bedded in they really need to focus on getting core growth moving in order that the share price continues to head in the right direction.

I believe this still remains a highly regarded company by those that watch closely.

[gerdmuller] 07/11/2006 13:55

At least a director has bought a few today (£24000).

Q1 does look a little bit below expectations but this is possibly one of the problems with reporting quarterly which I believe they have thought about giving up.

Fortunately sold some yesterday at 16.15 but bought them back this morning as I still believe this is a good medium term bet. But now the Samsung unit is out of the way and all the acquisitions are getting bedded in they really need to focus on getting core growth moving in order that the share price continues to head in the right direction.

I believe this remains a highly regarded company by those that watch closely.

[jeffian] 07/11/2006 11:26

I dropped out on the 2005 profit warning and have kept it on my watchlist for a potential re-entry but the latest Q1 figures seem to confirm what I said in post #608, that this company is not living up to its 'high growth' image. It's all very well saying Q1 "experienced the usual seasonal weakness", but they are comparing like-for-like so that's not much of an excuse. 'Sales pipelines' don't cut much ice with a market that wants to see ££££££'s, particularly when it can remember an unexpected profit warning within the last year.

Regards, Ian

[networker] 07/11/2006 11:06

The recent statements do seem to be surprisingly and uncomfortably 'stop - go' in style. Perhaps it is just that contracts are lumpy and rather unpredictable. Share price volatility seems likely to continue until resumption of growth pattern is confirmed in the results.

[gerdmuller] 31/8/2006 11:42

Webcast is quite interesting. New ceo sounds relatively impressive. Independent also had buy note. Numis hold.

[wjccghcc] 29/8/2006 08:41

Agreed. You need to strip out the profit from discontinued operations to get a more realistic EPS figure (about 13p) but they certainly seem to have recovered from the Q1 bump.