 12/06/2024 07:00 RNS Regulatory News Dillistone Group PLC AGM Statement LSE:DSG Dillistone Group Plc
"Annual General Meeting statement
At today's Annual General Meeting ('AGM') of Dillistone Group Plc, the AIM quoted supplier of software and services to the recruitment industry, Giles Fearnley, Chairman of Dillistone, will make the following AGM statement:
"We are pleased to report that trading is marginally ahead of management expectations for H1.
"The market remains challenging and, if anything, has softened further in Q2, with fewer recruitment firms currently prepared to invest in new technology, and existing clients often reducing in size.
"While the Group expects therefore to see revenue fall, it remains confident in its ability to deliver satisfactory performance for the full year in line with management expectations." ..."
Well done to DSG for performing well in challenging market conditions.
This bodes very well for its performance when market conditions improve: which, with the UK recently having emerged from recession, and its inflation rate recently having dropped to just 2.3%, should be relatively soon.
Note that improved profitability on reduced revenue clearly equates to improved margins, a sign of a strengthening competitive position. |
"Softening in Q2" huhZzzzzzzBack to bed gerbils |
Pish it is T101, they blame the market and yet claim to have international customers, well the USA employment market has been strong as have others but they are unable to exploit what they say is leading software.
Time they moved over and found someone that can expand the business, not contract it as they have done for years.
Better to sell the business if the software is as good as they say it is. |
Well T101 it looks like it is heading back to 8p - tight spread again for this share 9.5-10p
The MM must expect more sells I guess, |
ZzzzzzzzzzzzzzWho says this is a pile of pedestrian pish. It's all go huh. |
T101 it was half of that a couple of days before when the bid/offer was 10.5/11p but if the small sells continue, and there are no buyers, it could well slip back to 8/10p impo. |
It is unusal to see such a tight spread on this stock. |
Hedgehog, you've just proved something I never believed: it's nurture not nature. |
Well it seems to be parked here for the next six months. |
Bits of it S, In truth not impressed, even though I will continue to hold for the long term as I hope the company gets taken over and the the software is managed by a larger enterprise as they have not scratched the surface in the USA. Linkedin should buy them as it works well with their platform.
All they talk about is a tuff market, well thats when opportunities present themselives, as others go out of business, it is a huge market but you just have to make your mark. |
I haven't watched it, you ? |
So did anyone watch the presenration, and if so any comments. |
no one likes your NWT thread
no one else posts on it....except to criticise you for your mind numbing never ending page long daily posts !! |
Compare & contrast:-
1. Clocktower DSG bull thread started 3rd. February 2023, a day the DSG share price opened at 15.5p, and closed at 17.5p.
"Friends of the Directors thread in Dillistone, a grain of Sand to a Pearl"
clocktower 3 Feb '23 - 08:53
Current DSG share price 11.5p: a fall of at least 25% since the thread was started.
2. Hedgehog 100 NWT bull thread started 14th. February 2023, when the NWT share price was 46p.
"Newmark Security in 2023: A Transformed Tech & USA Success Story"
Current NWT share price 85p: a rise of 84.78% since the thread was started.
The only people who don't like my NWT thread are envious, embittered losers, frustrated at missing out on that brilliant share price rise.
And anyone of any intelligence who had missed out, would surely be interested in some useful and insightful 'how to do it' information.
It's fairly basic, isn't it.
See what successful investment techniques are working for others, and then try to apply them yourself. |
25/04/2024 07:00 RNS Regulatory News Dillistone Group PLC Final Results & Investor Presentation LSE:DSG Dillistone Group Plc
" ... The Group capitalised £0.963m in development costs in the year (FY 2022: £1.007m) as the business continued its commitment to developing its products. Amortisation of development costs was £0.994m (FY 2022: £0.980m). ..."
DSG's R&D investment is a major bull point here.
DSG market capitalisation at the current share price of 11.5p: £2.26M.
Divided into DSG's year end 31.12.23 R&D spending of £0.963M.
= PRR (price-to-research ratio) of 2.35.
This highlights DSG's bullish growth prospects and undervaluation.
From the legendary tech stocks guru Conor McCarthy:
"Calculate annual R & D expenditure per share and compare it to the share price.
If the PRR (price-research ratio - share price divided by R and D per share) is 5 or less it is nearly always worth buying the shares. This applies particularly to recovery situations. As long as an exploration company has the wherewithal to drill holes, there is always the possibility it will strike it lucky. The same goes for an out-of-favour technology company. As long as it can continue to invest in R and D there is the chance it will come up with a blockbuster product. The lower the PRR the more development bang you get for your buck."
Conor McCarthy's tech investment approach is based on the principles set out in the classic 1984 book "Super Stocks" by Kenneth Fisher.
This is the book that McCarthy recommends to his subscribers.
(And perhaps it also inspired him to start "Techinvest" the same year?)
And a good example of a low PRR recovery-growth stock of his is mentioned in "Beyond The Zulu Principle" (1996) by Jim Slater:-
"I asked Conor McCarthy to give me a good example of Techinvest's success using Fisher's approach. He mentioned Kewill Systems which went astray a few years ago by making an unfortunate acquisition in Germany. The company began to make substantial losses and the shares fell from 318p in 1992 to a low of 49p in 1993. At this point, the PRR of 2 was astoundingly attractive. The Germany subsidiary was sold shortly afterwards and by the end of 1993 Kewill Systems had risen to 265p."
Kewill Systems (KWL):-
So PRR (price-to-research ratio) analysis can help you to see value before the crowd, which is what I did with NWT (Newmark Security) in 2022, since when the share price has more than doubled ... and in fact has more than trebled from its 2022 lows.
A couple of caveats to check for are the possibility of massive dilution or worse in a loss-making stock, and that the products-services being developed are likely to sell well - which is more likely if they're updating existing products-services already being sold.
But DSG looks to measure up on both of these, as did NWT. |
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