Digital Barrier Share Discussion Threads

[tech] 21/12/2015 15:11

Good move today, difficult to buy online

[leoboy] 18/12/2015 17:31

re proposed takeover of Brimtek Inc. :

[b1ggles] 11/12/2015 18:50

I suppose, to give the benefit of any doubt, the placing must have been in discussion when, as recently as a week ago, the share price was 47.25p, which would have made it only a 13% discount.

The recent price peak does make it look like a massive discount, I must admit, but it might have been hard to say, 'Hang on a minute, the shares are now worth more than that'.

[aylingd] 11/12/2015 15:25

Still looking at the half-yr figures but agree that profit this year seems unlikely now despite a 'suggestion' a few weeks ago that they may break-even.

Apart from Tom Black directors don't seem to have much skin in the game. The placing is at a huge discount to recent share price; given their prospects would have thought it could have been on better terms than that.

The recent 'shares out on loan' thing stinks as well.

For me, the above doesn't install confidence that the directors interests are aligned with (small) shareholders.

I don't doubt the sales will keep coming but I think I'll keep monitoring for more evidence they can turn a profit.

Shame, but may well be another jam tomorrow AIM story.

D.

[hew] 11/12/2015 08:24

My scenario of 144 above? More study needed.

[aishah] 09/12/2015 16:05

yes, for well over a decade

[matthew palmer] 09/12/2015 15:56

Aishah do you read techinvest ?

[aishah] 09/12/2015 09:56

Techinvest added more to their portfolio last month at 48p. Likely to have generated some more interest.

[aylingd] 08/12/2015 16:53

Well, if someone is shorting this they are losing money !

D.

[hew] 07/12/2015 09:25

Dacian, Aylingd

The motivation for hiring shares in order to short seems obvious, given a fairly short term view. For the lender, usually a major organisation with no timescale concerns, IMO they will have a positive long term view (hence their large holding) but no interest in the short term.

If it might be that the lender/hirer have far closer contact with the company, or at least actual or deduced information way better than PIs can achieve, I would conclude here that the Interims, with perhaps a further fund raising, will not be that good but will carry convincing positive messages re the future.

On that basis, I'm continuing to hold, pending the Ints.

No advice, DYOR.

[aylingd] 07/12/2015 08:42

dacian, thanks for the reply.

I admit to being confused. Why would anybody with a shareholding & therefore a vested interest in seeing the share price rise aid shorting where the share price will likely fall. Any 'fee' received for lending shares out must be minimal compared to potential capital loss.

As the web site you mention indicates this appears to be common, so somebody must see the logic in it.

D.

[aylingd] 04/12/2015 15:53

Been monitoring this for a while with a view to buying. Anybody care to explain what today's RNS actually means. I know shares can be lent out for shorting purposes, I would have thought that was unlikely here. Is there another reason institutions do this ?

D.

[hew] 01/12/2015 09:57

All good technical and sales progress but, re the SP, my favourite words are: "... gives us increasing confidence in an operationally break-even second half to the financial year."

[aishah] 01/12/2015 09:43

1 December 2015

Digital Barriers plc

("Digital Barriers")

GBP1.9m contract awards in Asia Pacific

The Board of Digital Barriers plc (the "Group"), the specialist provider of advanced surveillance technologies to the security and defence sectors, is pleased to announce that it has now received two new contract awards in its Asia Pacific region.

The first award is a follow-on contract with a defence agency in Asia Pacific to supply its ISP solution for use in the protection of a maritime security zone. This follows on from an initial contract secured with the same customer in June 2015, valued at GBP0.3m, which was delivered in the first half of the year. The new contract, valued at GBP1.45m is expected to deliver in the current financial year and represents a material scale-up of this relationship with further significant awards expected in 2016 and beyond. The Group's ISP solution provides real-time video surveillance and intrusion alerts for remote and inaccessible locations. ISP enables live video streaming and intrusion data to be shared at local, regional and national levels across multiple agencies, supporting a coordinated, timely response to threats.

The second award is for the Group's ThruVision solution with a government agency in Asia Pacific. The contract is valued at GBP0.45m and also for delivery this financial year. ThruVision reveals person-borne threats to life or illicit goods concealed under clothing. The completely passive technology can detect metal and 3D-printed guns, liquid and solid explosives, and trafficked contraband such as currency and drugs through multiple layers of clothing at stand-off distances of 10 to 15 metres.

Zak Doffman, Chief Executive Officer of Digital Barriers commented:

"Our ISP solution is generating increasing interest and is now being used successfully to protect high-profile, hostile and remote locations. ISP contracts often carry significant follow-on potential, including access to national-level defence budgets. This particular contract is the second from the customer this year and we expect long-term engagement with them in the region.

There is also increasing interest in our ThruVision technology to protect high-throughput public places. Ten years and tens of millions of pounds have been invested in the technology, and the current generation, which only launched a year ago, is the first capable of mass deployments in the real world. ThruVision is mobile and plug and play, it requires no special infrastructure or integration, and once switched on is working in minutes.

These two contract awards continue our strong sales momentum. We secured more than GBP3m of new sales in November, and our year-to-date sales for delivery this year have increased 57% overall on the same period last year, and 140% in our international business. All of this gives us increasing confidence in an operationally break-even second half to the financial year."

[rambutan2] 01/12/2015 01:55

An interesting, although not altogether surprising, snippet from the Telegraph link posted above...

Digital Barriers, which was focused on exporting to the US, Asia and Middle East, has now changed its focus to Europe, in the wake of the Paris attacks.

“There will be increased take-up of the technology in Europe over the next two years whereas prior to that the focus had been on Asia,” said boss Zak Doffman. “The phones have rung hot in the past week.”

[rambutan2] 01/12/2015 01:51

Henderson been adding a few...

[leoboy] 30/11/2015 17:43

good mention here :

[rambutan2] 18/11/2015 03:15

Current political climate should add a tailwind to sales I would have thought. Interims were Nov 27 last year.

A recent webinar/teach-in for partner Axis...

[hew] 27/10/2015 09:24

Good to read the RNS about another £1m contract today - as below. That brings the total contract value since 1st Sept 2015 very near to £5m.
___________________

...........secured a contract valued at £1 million to supply additional land and sea-based TVI and ISP surveillance solutions to a major Asia Pacific maritime security agency. This follows an initial contract for TVI solutions received from the same customer six weeks ago, valued at approximately £0.13 million. The contract is expected to be fully recognised this financial year and to lead to further follow-on awards.

[aishah] 30/9/2015 11:26

Techinvest this weekend. Hopefully update in there too.