nice rise today
on only tiny volume |
Recent Share Trades for Dillistone (DSG) Date Time Trade Prc Volume Buy/Sell Bid Ask Value 10-Sep-24 14:40:25 10.6879 20,946 Buy* 9.50 10.70 2,239 O 10-Sep-24 11:00:19 10.50 14,000 Buy* 9.00 10.50 1,470 UT
More buying interest in DSG today, causing a rise of 6.15% (0.6p), to 10.35p.
This is the first DSG close above 10p since May, and coming ahead of the interim results (released on 23rd. - 26th. September for the last four years). |
 DSG's new 3.7% shareholder:-
29/08/2024 08:30 RNS Regulatory News Dillistone Group PLC Holding(s) in Company LSE:DSG Dillistone Group Plc
"... Name Nicholas Slater ...
5. Date on which the threshold was crossed or reached vi: 29/08/2024 ...
Resulting situation on the date on which threshold was crossed or reached 750000 ..."
According to the poster Showjumper on the LSE (London South East) DSG board, Nicholas Slater is a pretty savvy investor.
It could be then that he's a bit of a 'marquee investor' for DSG, a bullish sign:-
Jaideep Shirali Financial Consultant (2010–present) Author has 1.2K answers and 629.3K answer views · 4y
"A marquee investor is either an individual or a corporate/ institutional investor, well known for investing in companies that turn into success stories at a later date. For example, Rakesh Jhunjhunwala in India is known as a marquee investor and so is Warren Buffet in the US (though both use their companies for the investment). The purchase of some company’s shares by such investors gives others the hope that these companies would turn out to be profitable investments for them too. ..." |
 23/08/2024 07:00 RNS Regulatory News Dillistone Group PLC Trading update and Fund Raising LSE:DSG Dillistone Group Plc
"Dillistone Group PLC, the AIM quoted supplier of software for the international recruitment industry, provides a trading update and is pleased to announce that it has agreed to raise GBP300,000 through the issue of convertible loan notes ("Loan Notes") and £60,000 through the issue of new ordinary shares (the "New Ordinary Shares") (together the "Fund Raising").
The Group announced, on 12 June 2024, that its market remained challenging and, if anything, had softened further in the second quarter. This softness has continued into the third quarter.
Today, however, the Group is pleased to confirm that the results for the six months ended 30 June 2024 are likely to be in line with management expectations, which would equate to a significant improvement in operational profitability, compared to the first half in the previous year. The business was again operationally cash generative in the period.
The Board considers the Fund Raising to be a prudent course of action in case the Group's markets continue to be challenging for an extended period. The proceeds from the issue of the Loan Notes and the New Ordinary Shares will therefore be used to provide the Group with additional working capital.
The Loan Notes, which will be drawn down fully in one tranche when required by the Company, will be provided by Mike Love, the former Chairman of Dillistone, and each of the current Directors (together "Noteholders") of the Company as follows:
Giles Fearnley £60,000 Jason Starr £90,000 Ian Mackin £30,000 Steven Hammond £15,000 Paul Mather £15,000 Simon Warburton £15,000 Julie Pomeroy £5,000 Mike Love £70,000
The Loan Notes carry an interest coupon of 9.85 per cent pa over their maximum term of 48 months, with a conversion price of 14.0 pence per new Dillistone ordinary share, representing a premium over the current price of 55.6%. Interest will be payable quarterly in arrears and will be satisfied in cash. Various rights are built into the agreement for early repayment or conversion.
The issue of the Loan Notes to the Directors constitutes a related party transaction under AIM Rule 13. As each of the Directors is participating in the Loan Notes and therefore there is no independent Director for this purpose, Zeus Capital Limited, the Company's nominated advisor, considers that the terms of the Loan Notes are fair and reasonable in so far as Dillistone shareholders are concerned.
The 750,000 New Ordinary Shares are being subscribed at 8 pence each by a new independent shareholder. The New Ordinary Shares will, when issued, be credited as fully paid and will rank pari passu in all respects with existing ordinary shares, including the right to receive all dividends and other distributions declared, made or paid after their date of issue. It is expected that admission of these shares to trading on AIM will take place on 29 August 2024.
Following Admission, the total number of Ordinary Shares in the capital of the Company in issue will be 20,418,021 with voting rights. This figure may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, the Company's share capital pursuant to the Financial Conduct Authority's Disclosure Guidance and Transparency Rules.
Giles Fearnley, Chairman of Dillistone Group Plc, commented: "In a challenging climate, we are pleased that we expect to report positive results in H1. This additional cash injection, supported by every current Board member along with our former Chairman, Dr Mike Love, and a new, independent shareholder shows our confidence in the business. It provides working capital to support trading and will also facilitate the release of significant product updates that we expect to see later in the year.
"As and when the recruitment industry recovers, the Group will be well positioned to take advantage." ..." |
No material change in the number of shares held by Unicorn Investment, in fact an increase of just 200 to when last reported on the company website.
This RNS seems to be due to the recent small increase in shares held by N.Slater in the company.
NAME NO. OF SHARES % OF ISSUED ORDINARY SHARES
Unicorn Asset Management 1,595,301 8.11 |
Well Mr Slater already has a paper profit of £7.5k based on the offer price of 9p not that he could sell all of them at all.
I expect he will be happy to wait a year or so to see his value rocket to a point he can release them or more likely earn a very healthy dividend in the future.
Still plenty of headroom. |
Well it has taken only a few trades that total just over 48,000 shares to go up alomost 6%. What would 200k of buys do now? |
Indeed chrisdgb and I see some more friends of the directors are buying into the recovery,
Seeing there are very few shares in true free float, any heavy buying could soon see this double or more maybe.
Updated software on its way, and this could even attract a trade buyer at a much higher price, which would return the lastest major holder a huge return on his relatively small investment.
This could be a good punt for those with a grand or two as it is not liquid and the MM will not often take more than a couple of thousand shares if your a seller. |
Interesting shareholder name....... |
So has hedgehog become a directots friend that has put up sixty grand at 8p a share.😉
Nice to see the conversion rate on loans at 14p. |
 "'Important moment' as interest rates cut to 5%
Dearbail Jordan and Tom Espiner Business reporters, BBC News
1 August 2024 Comments Updated 2 August 2024 00:09 BST
The Bank of England's governor said a decision to cut interest rates is "an important moment in time" but warned people not to expect a sharp fall in the coming months.
In a closely-run decision, rates were lowered to 5% from 5.25% on Thursday, marking the first cut since the start of the pandemic in March 2020.
Interest rates dictate the cost of borrowing set by High Street banks and money lenders for the likes of mortgages and credit cards.
Bank governor Andrew Bailey said that lower inflation had paved the way for the fall in interest rates but told the BBC it was "not mission accomplished yet".
He said policymakers needed "to make sure inflation stays low and be careful not to cut interest rates too quickly or by too much".
Interest rates have climbed over the last few years, as the Bank has battled to control soaring price rises.
The higher rates have put pressure on household finances, although returns for savers have improved.
The fall to 5% means that homeowners on tracker mortgages will see an immediate reduction in their monthly mortgage payments. Those on variable rate deals may also benefit from the fall.
But many homeowners on fixed rate mortgages still face the prospect of much higher mortgage rates when those deals expire over the next few years.
There are hopes that falling interest rates will improve consumer confidence, which has been subdued.
Rupali Wagh, co-owner of Tukka Tuk street food in The Cardiff Market, said the interest rate cut has made her feel “hopeful” as it will eventually lower the payments on her business loans and means some customers will have more disposable income. ..." |
Hedgehog wrote in his last post
"In the meantime, I am now going to the "Post Office Injustice" thread to tell people there that this person is 'The Paula Vennells of ADVFN'.
And I may also start a specific thread on the subject: e.g. "Clocktower Injustice: 'The Paula Vennells of ADVFN'".
-----
Each person to their own opinion but I think that Hedgehog is simply...nuts, mad, crazy !
---- & the more he writes....he just digs a bigger hole... |
15/07/2024 07:00 RNS Regulatory News Dillistone Group PLC Change of Adviser LSE:DSG Dillistone Group Plc
"Change of Nominated Adviser
Dillistone Group Plc, the AIM quoted supplier of software for the international recruitment industry, announces its Nominated Adviser has changed to Zeus Capital Limited with immediate effect.
This change follows completion of the acquisition by Zeus Capital Limited of the WH Ireland Capital Markets Division (from WH Ireland Limited), announced earlier today. ..." |
They have let the lunatic back repeating his posts that are nothing to do with DSG.
Not that this dog is waging it's tail anyway. |
Down the drain again today and back to it's former lows.
However the lunatic on this thread posts nonsense about other stocks that have no connection or bearing on DSG, I do not see his point in doing so. |
Over 30,000 buys on AQSE that are not showing on trades, unless you have L2.
Life in the dog, I guess it must be because of your following A L S.
Have good weekend. |
LOL - Maybe its a happy place to be, and maybe you have knowledge of the place, so tell us more A L S. 🤣 |
I reckon the chances of this getting taken over are about as high as me spending Christmas on the psychiatric wing of Pentonville prison. |
You maybe correct A L S.
However, I am in with a fair number and will not be selling, as there could be a takeover at some point, and it takes very little to swing the share price in either direction. |