Digital Barrier Share Discussion Threads

[escapetohome] 26/9/2017 19:42

A totally unacceptable share price performane , glad i just dipped a toe in here!

[johnv] 26/9/2017 19:28

No idea, its one of techinvest shares from ages ago.

[john09] 26/9/2017 16:44

Blimey this is falling off a cliff. Cheap? Or don't touch with a barge pole ?

[superg1] 23/9/2017 16:51

Techno

If Henderson have been involved in previous fund raises it's not happening next time. As pointed out Lombard are bailing out of illiquid small caps.

[techno20] 23/9/2017 16:12

Things have gone worryingly quiet in recent weeks. Cash position is clearly a concern. Results due by end of September, so hopefully they'll be out Monday. Wouldn't surprise me if the shares have been walked down ahead of another fund raise. Not long to wait! The technology looks to be market leading. If they can navigate through the next six months or so, while some of the recent framework deals get bedded in, I'm convinced DGB has a very bright future. GLA.

[superg1] 23/9/2017 15:21

This may be your problem

Henderson Global Investors 10,186,122 6.17
Volantis 9,757,537 5.91


The volantis fund and Henderson small cap uk and Irish have seen some selling on other shares since the Henderson team were taken under the Lombard name.

Nowt to do with DBG just a fund clear out going on and a growing number for shares are experiencing it.

[superg1] 23/9/2017 15:17

Hi all

I note the share price dive recently.

Is there any recent obvious reason.

I mention as 2 Henderson funds switched to Lombard and since then there has been some considerably selling by Lombard on some shares.

I picked up on DGB via the Strathclyde pension fund which normally forms part of the Henderson holding.

I'll look but I assume that DBG was held by Henderson now Lombard etc.

[aishah] 23/8/2017 22:20

Digital Barriers facial recognition technology on tonight's Sky News

[barrieb] 18/8/2017 22:43

I'm well aware of what a market is John. At some point there will be an inflection point and this is getting close even if another fund raising is required. This is why I have taken an initial position just in case I get caught out. I will double or triple up on any funding dip and then sell this initial position on the way back up if that opportunity arises. I am convinced that their technology has a massive future and once they can integrate the businesses more cost effectively to bring down their overheads and reduce their working capital requirements with the massive sales potential ready to go (not in development) the inflection point could be reached very quickly.

They still may have £5m. or so of the revolving credit facility available to them and they are obviously trying to manage their cash better as they will not want more dilution either with their stakes in the business. However I can understand your concern and it would be good if we could get more clarity as to how this is panning out. You never know they may just achieve what looks to be a difficult task but in reality I feel they will need more cash in the short to medium term.

[melton john] 18/8/2017 15:46

It's called a market Barrie, buyers and sellers meet in the middle and agree on a price. You've bought hoping it will go up, I haven't bought because I think it will go down. They lose money on every sale, spend a fortune out of shareholders funds which means a placing when they run out. They've borrowed £10M because orders they were depending on haven't happened yet and their results are late. So in a nutshell I like the technology but waiting for the fog to clear and funding to be sorted. So how is this worth more than the £46M it's currently valued at. Sorry but IMO the down side is greater than the upside here.

[barrieb] 18/8/2017 14:07

Why are you here then, is it just for something to do to help brighten your day or did you buy at a much higher price!

[melton john] 17/8/2017 20:59

Not what I'd call an investment.

[barrieb] 16/8/2017 12:18

Hi all
Made an initial investment over the last week or so as the share price appears to be remaining steady and am wondering if they will be able to avoid another cash call on strength of sales and the increased facility from Investec. Lets hope so anyway but just thought an initial stake was a reasonable idea while we are down here in case we get some early fireworks.

If we do get a discounted fundraise that could be the last opportunity to get in at a reasonable price before sales momentum takes this much higher.

All the best

[aishah] 08/8/2017 11:45

8 August 2017 - Digital Barriers plc (AIM: DGB, the "Group") is pleased to announce that its ThruVis thermal-screening camera technology was deployed by G4S to enhance security at the Manchester “One Love” Concert at the Emirates Old Trafford Cricket Ground, Manchester, on June 4 , 2017 and throughout the week of the British Summer Time event at Hyde Park, London, July 3-9, 2017.

Digital Barriers and G4S offered their services to the organisers of the One Love concert, responding to the need for additional security assurance. The event’s security infrastructure, including ThruVis, protected an audience of 50,000 visitors, as well as staff and artists including Liam Gallagher, Coldplay, Katy Perry and Robbie Williams.

At the British Summer Time event in Hyde Park, ThruVis was deployed for the whole week both at VIP entrances and also at public gates, screening at rates of up to 1,000 people per hour. A total of 50,000 people were screened by ThruVis through the week at an event headlined by artists such as Kings of Leon, The Killers and Tom Petty and the Heartbreakers.

G4S chose to use ThruVis as it provides a unique new security capability. Firstly, it offers additional security assurance by seeing non-metallic threats like explosives and ceramic knives, as well as guns, at distances in excess of 5m. Secondly, as a thermal camera, it is completely safe and respectful of personal privacy. Finally, by reducing queuing times and minimising the need to divest clothing, ThruVis dramatically improves the visitor “experience221;, as shown by the 98% satisfaction rating from visitors screened at Hyde Park.

G4S Director of Events Eric Alexander, said: “We used Digital Barriers' ThruVis passive screening solution, to support our security arrangements at the event. We recognise that new security innovations play an important role in strengthening our capability and increase the public's confidence in the measures we use to keep them safe.”

Colin Evans, Chief Operating Officer at Digital Barriers, said: “The public expects enhanced security around high profile public events and would prefer this to be provided with minimal further inconvenience. We are confident ThruVis is the only security technology available today that meets this need and we are delighted to be working with G4S to make this important new capability widely available.”

[melton john] 08/8/2017 08:01

OK Mate, keep your head firmly up your backside to avoid reality that this company is in my opinion going broke with insufficient working capital to survive without another fund raising.

[hew] 07/8/2017 15:59

Techno, saw the RNS as notably adding to potential rather than achievement, and so did not expect much price action. Indeed they warned that returns will be somewhat slim. Nevertheless I did add a few to my small holding, pended there with fingers crossed until Results and numbers.

(Melton, I expect to see one of your post headings following this, but don't bother for my sake. Long time filtered.)

[melton john] 07/8/2017 15:01

Where are the final results? No feedback from investor presentation 2nd may. Was that passing the hat round the institutions for a placing? They must be raiding the tea money and looking down the sofa's by now. They had £3million at the interims at the end of 2016 and £10 million credit. Starting cash £10.8 ending cash £3.4

[melton john] 07/8/2017 14:28

Best thing you can do is get a trial subscription with Stockopedia and see companies like this for the losers they are. They're cheap for a reason, they lose money consistently. Contributions gratefully received I'm sure but very speculative.

[techno20] 07/8/2017 12:49

Disappointing share price response. Deepening relationships with the US govt has got to be positive. If I'm reading it correctly, implies extension of the wider framework agreement using our kit is likely (and soon).

[melton john] 07/8/2017 08:22

The contract is expected to generate slightly lower margins than are usually generated from the Group's Brimtek division.

[melton john] 07/8/2017 08:19

If this kit is so good why lower margins? Seems like dgb normally sell at a loss so a bigger loss???

[mr macgregor] 07/8/2017 07:51

All contracts and no profits.

[aishah] 07/8/2017 07:44

$11.9 million US Government Contract Award

Digital Barriers plc (AIM: DGB), the specialist provider of visually intelligent solutions to the global surveillance, security and safety markets, is pleased to announce the award of a contract with a major US federal law enforcement agency valued at $11.9 million; this has been received before the expiration of a major framework contract in September.

[techno20] 27/7/2017 22:57

Great initiative to raise awareness and usage in the police service....

Digital Barriers Offers Facial Recognition Tech to Aid In Search for Missing Persons
Posted on July 27, 2017
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Digital Barriers has announced that it will provide its facial recognition technology at no cost to police and government authorities in the UK to aid in the search for missing persons.

Digital Barriers Offers Facial Recognition Tech to Aid In Search for Missing PersonsThe news comes very soon after Digital Barriers’ launch of facial recognition technology for police body cameras, enabling live scans in the field as police do their work. The system, called SmartVis Identifier, is based on the company’s EdgeVis platform, which essentially offered the same service through smartphone cameras.

In a statement announcing the new initiative to offer the technology to police and related authorities, Digital Barriers CEO Zak Doffman highlighted the potential of this technology in helping to find missing persons, saying it’s “clearly an exceptional benefit of this new technology and we want to ensure that it’s widely available.” As for interested authorities, “If the agency or authority provides access to suitable cameras and PCs, we’ll do the rest,” Doffman said.

While facial recognition technology has long been of interest to police authorities around the world, it could be picking up steam in the UK, with South Wales Police having recently equipped patrol cars with facial recognition technology, leading to at least one arrest of a wanted criminal so far.

[aishah] 25/7/2017 14:46

More coverage of recent launch:

LAW ENFORCEMENT

Digital Barriers launches first live facial recognition system for body-worn cameras
Digital Barriers has launched the world’s first live facial recognition system for body-worn law enforcement cameras.

SmartVis Identifier, which brings together Digital Barriers’ video-streaming platform EdgeVis and analytics solution SmartVis, is targeted at the defence, security and law enforcement markets.

It provides real-time facial recognition against multiple watch lists and databases.

Already available for standard smartphones, SmartVis has been adapted to run live on Digital Barriers’ body-worn cameras that are designed for frontline law enforcement

hxxps://www.ifsecglobal.com/digital-barriers-launches-first-live-facial-recognition-body-worn-cameras/