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DGS Digital Globe

59.00
0.00 (0.00%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Stock Type
Digital Globe DGS London Ordinary Share
  Price Change Price Change % Share Price Last Trade
0.00 0.00% 59.00 01:00:00
Open Price Low Price High Price Close Price Previous Close
59.00 59.00
more quote information »

Digital Globe DGS Dividends History

No dividends issued between 26 Apr 2014 and 26 Apr 2024

Top Dividend Posts

Top Posts
Posted at 21/10/2016 07:36 by yump
TRGI to buy DGS back.

No prizes for guessing what may have gone on here.

Or was it just the 'normal' passing of risk of expansion to the stock market instead of TRGI ? It depends whether you think DGS actually had a properly researched expansion plan I guess, as they have made very few inroads into any new markets.

Or was the clue in the total lack of detail year after year ?

"DGS, which was originally a wholly-owned subsidiary of TRGI, listed on AIM in February 2013 at a listing price of 159 pence per DGS Share. The purpose of the listing was to provide access to capital and raise the profile of DGS and accelerate the expansion of DGS's business to new geographical markets and industry verticals."
Posted at 04/10/2016 11:53 by pj 1
speedsgh I agree.......and quite rightly imo after news flow like this.....

Results -We have already resumed profitable growth in the second half of the recent fiscal year and expect to maintain this momentum in the year ahead
12-11-15 AGM-As we approach the end of the first half of our financial year trading is in line with market expectations for the full year and we remain positive about the Company's future prospects
16-02-16 TU-As a result, the Board is confident in meeting full year market expectations.
10-03-16 HY-We are pleased to confirm that the strong trading momentum from the second half of fiscal 2015 accelerated into the first half of the current financial year, with this period marking our strongest first half performance to date. With our strong balance sheet and healthy profit generation, the Board is confident in continued profitable revenue growth.
07-04-16 Anthony Watson NED, has exercised options and sold 33,416 @85p (£28k) and no longer has any holdings
14-07-16 TU-Profit Warn. Revs marginally ahead of expectations,Gross margin reduced,EBITDA below at $3.1m.Expects GP to recover to historic levels and Business matures.Bad debt write off $4.0m
04-10-16 Results- Record Revs but impairments. Divi cut.We are confident in achieving continued growth and a significant increase in profitability in FY2017
Posted at 15/7/2016 15:47 by rivaldo
Panmure have reduced their forecasts for 30/6/16 to 5.6c EPS, or around 4.2p EPS.

They still go for 13.6c for next year, or 10.2p EPS, which I have absolutely zero confidence in DGS achieving given the huge profit increase necessary to achieve this above both the 2015 and 2016 results and the additional costs and reduced margins this H2 noted by the company.
Posted at 14/7/2016 09:02 by rivaldo
Not harsh enough :o))

I sold as soon as I could this morning, grateful I could get out due to a relatively small holding and with a decent profit.

EBITDA is way below forecasts.

There was no mention at all in the interims not that long ago of lower margins, added costs etc etc.

Plus a mere $4m debtor write-down!

And net cash has deteriorated since H1 by almost $1.5m given the additional credit facility drawdowns.

I now don't trust management to give me the full story. There's too much hope in margins recovering in H1. I'll keep an eye on DGS anyway - it'll be interesting to see the new forecasts.
Posted at 13/6/2016 12:53 by yump
One thing you can be certain of from DGS is the consistent lack of any information flow, other than on results day.
Posted at 03/6/2016 09:41 by rivaldo
Moving back up, presumably in advance of the year end trading update, which last year was on June 23rd.

Current forecasts are:

- year to 30/6/16 : 6.83p EPS, 3.62p dividend
- year to 30/6/17 : 9.46p EPS, 4.34p dividend

In March the CEO sounded pretty bullish:

"We are pleased to confirm that the strong trading momentum from the second half of fiscal 2015 accelerated into the first half of the current financial year, with this period marking our strongest first half performance to date. The Company has experienced record growth over the twelve-month period, driven by expansion within our existing core customers, the launch of new business offerings and growth into new industry verticals. With our strong balance sheet and healthy profit generation, the Board is confident in continued profitable revenue growth."
Posted at 06/4/2016 10:19 by aishah
Techinvest do not provide a target, but mention Panmure fcst eps 0f 3.92p(2015), 6.85p(2017) and 9.51p(2017). PG also reckon DGS will maintain an attractive divi.

They also mention that ClearLink, a direct competitor to DGS was recently acquired for $207m or 1.7x revenue. DGS's valuation is 0.6x trailing revs.

"On a prospective P/E of 8 for next year, the shares offer excellent value, underpinned by well-established revenues, leading technology and strong growth opportunities. Buy"
Posted at 17/3/2016 09:15 by rivaldo
Hastings' excellent write-up on DGS is now on the Cambridge News web site:



Extract:

"Broker Panmure Gordon has of this week, initiated coverage of DGS with a target price of £1.25p, citing existing core US customers being supported by opportunities elsewhere.

That sees an expectation of double digit revenue growth, solid profits and good levels of cash conversion which are backed up by a chunky dividend.

For full year 2016 the Broker has pencilled in pre-tax profits of $3m with EPS of 9.8c, while the dividend is expected to be raised to 5.2c, representing a handy yield of 6%.

At the current price this puts DGS on a PER of 9, but which falls to 6 based on the expectation of 2017 pre-tax profits rising to $4.2m with EPS of 13.6c."
Posted at 14/3/2016 16:12 by thomasthetank1
Panmure Gordon's comprehensive 28 page initiation note on Digital Globe Services (DGS.L) can be found at

Headlines:

*Profitable growth, large runway, low valuation
*Growth market, DGS has grown revenues at 26.3% pa over the last three years
*We forecast good double digit revenue growth, solid profit margins, and improving rates of cash conversion, allowing the group to maintain high dividend distributions
Posted at 10/3/2016 18:02 by yump
Yes, in at float. It got a bit overblown, but I got caught out by the merger disruption which came out of the blue. Particularly disappointing as I wasn't expecting it to affect DGS that much, because customer acquisition doesn't stop for the companies merging.

That illustrated that DGS wasn't as secure as I thought.

Subsequently they haven't delivered on the overseas expansion plan and I don't think we're being told enough.

Hence my views on growth. Some of my views are perhaps tainted by disappointment, but the facts aren't. Which is why I looked back at the revenue figures to compare then with now and had some thoughts on their business model in the last post.

Anyone can check them.

I needed to assess whether to buy more when it appeared to have bottomed out, depending on whether I thought it would grow for quite a few years or not and in the end I didn't, although the lack of information inbetween results has also contributed to that. Mainly because I don't think we will get enough information to be able to assess DGS, until each set of results comes out. Used to be happy with that, but not nowadays.

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