Digital Globe Share Discussion Threads

[yump] 17/8/2015 08:21

Still got them.
Think it could more or less double ie. 15x the next eps ie. this current year to June 2016.
Not a long term one for me though as the information flow / investor detail on their expansion areas isn't good enough for me.

If you come to market for funds to allow expansion and mention that in your prospectus, with the positive noises about the business model and the potential, then significantly more detail is what I expect.

I was becoming bit uneasy before the big warning / merger stuff, purely because investor information seemed to be at the bottom of their agenda.

I haven't got any more information on how difficult Europe etc. will be to crack, so have to judge purely on information flow and trust in the US success being transferrable to other markets, as the business model appears to be globally applicable. How open those markets are to newcomers, I don't know.

[glasshalfull] 14/8/2015 16:15

Glad to join you rivaldo, nibbled some on Monday and today. Will await next months results & outlook before extending position.

Same rationale as your good self, they flagged in the June t/s that adjusted EBITDA was in line with market expectations of $2.56m, which is a significant improvement in revenues & suggests greatly improved margin during H2 vs. H1. This implies H2 adjusted EBITDA of $2.02m vs. $0.54m in H1 as you've confirmed in EPS terms.

Importantly, their cash position is also expected to be above market forecast which was for $0.45m net cash.

So, with an outlook per forecasts that suggests they are on a PER of 7-8 for the current year and I noted that Singers are indicating that net cash should grow to $1.2m this year...with dividend of 4.9 cents (or 6.6% dividend yield).

Regards,
GHF

[rivaldo] 24/6/2015 07:22

It's instructive to realise just how good DGS' performance was in H2, now we know that their adjusted EBITDA is in line with expectations.

Forecasts are for 3.48p EPS to 30/6/15. In H1 they made a small EPS loss, so to meet expectations DGS will have made 3.5p EPS in H2 alone.

Annualised, that's 7p EPS.

The dividend forecast is 1.34p, so that's a nice 2.68% bonus too.

[dlku] 23/6/2015 22:27

one for the delisting bin
should never have floated

[pictureframe] 23/6/2015 12:53

Well I am more than happy to hold - dividend payment too.

[rivaldo] 23/6/2015 09:51

Even if that were the case, the Comcast, TimeWarner and Charter merger was terminated in April, so the markets have presumably returned to normality now - as evidenced by today's RNS.

Hopefully this is a case of one of those opportunities of being able to buy at the bottom of a returning upwards curve.

[rivaldo] 23/6/2015 09:35

Incorrect Albanyvillas.

Cash is ahead of expectations per today's RNS, plus DGS have newly agreed loan facilities to fund expansion anyway.

Further, DGS has its "top five clients accounting for 65% of sales" and "currently has over 100 direct and indirect client relationships globally, many of which are with companies in the US Fortune 500"

[albanyvillas] 23/6/2015 09:12

only got 2 customers

very low on cash too!

[pictureframe] 23/6/2015 08:47

Agreed good update - board will need to get the share price upwards asap. At his level it looks ripe for a takeover.

[rivaldo] 23/6/2015 08:09

Had a punt on these first thing this morning.

Looks like DGS has - finally - steadied the ship, with results in line with 3.5p EPS forecasts, net cash ahead of expectations and much improved trading in this last H2. Plus a dividend too.

This year's forecast is 6.42p EPS. Lots of upside from the curent price if DGS is on course to achieve anything like that.

[pictureframe] 18/6/2015 12:00

no results then?

[1corrado] 01/6/2015 06:14

WE ARE IN JUNE THIS IS THE MONTH OR REGRET IT.

[1corrado] 26/5/2015 07:26

BUY DGS AND YOU WILL NOT REGRET IT............................YEAR END 30-06 MAJOR NEWS WITH THE YEAR END.

[1corrado] 19/5/2015 08:21

Mistake big mistake in selling...................time will teach a lesson to all seller.Year end coming soon..................

[opodio] 18/5/2015 16:48

may get back in at 2p

[1corrado] 18/5/2015 16:40

Selling was a huge mistake and time will tell

[1corrado] 18/5/2015 09:21

Selling is a mistake buying is the right thinks to do.Who ever sell will regret it in months to come.

[1corrado] 14/5/2015 09:01

mistake who ever sell,do not forget year end june 2015 they will a big surprise.

[1corrado] 14/5/2015 08:12

BUY DGS you will double in 6 months remember at one stage they were 42-43 now 49-52.