Share Name Share Symbol Market Type Share ISIN Share Description
Dillistone Group Plc LSE:DSG London Ordinary Share GB00B13QQB40 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 19.00 17.00 21.00 19.00 19.00 19.00 50 07:42:36
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Support Services 8.7 -0.5 -1.3 - 4

Dillistone Share Discussion Threads

Showing 1 to 22 of 275 messages
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
I'm somewhat bemused by the trading statement and, in particular, the dividend details. The actual details are clear enough but I don't understand the logic behind them. Why would they be paying a 'further interim dividend' after the year end, rather than call it a 'final dividend'?
bought some today - (one to stick away for the long term)
money mad
That's what i'd say, should be on the way back to £3. Take a look at PPS, they listed a couple of years ago at 80p and like lots of these start ups they've struggled and even after a recent placing at 10p you can pick them up today for under 8p, . They make hydrogen fuel cells which produce power with zero emissions. After some tough times, they've finally made a breakthrough and announced on Friday the launch of the Zemship, a passenger ship powered by their fuel cells. Also a new director came on boad today. This news is not yet reflected in the share price imho. More info on PPS bb, DYOR.
Good interim results and "full year will be somewhat ahead of current market expectations." So about 18 or 19p eps for the full year?
Skyracer, this is utter tosh. The important word in the statement yesterday was VERY as in "VERY confident of a succesful outcome" because its almost a rehash of the original chairman's statement in the accounts, but with VERY added. The directors & Nomad will have thought very carefully about adding that word in this statement. Also, I hear that at a private institutional meeting after the AGM, they were talking about "stonking results" for 2008, and stopped the brokers from issuing an profits upgrade until they were sure just how good 2008 was going to be. My reading of that is that this business is absolutely flying. the last paragraph of the statement issued yesterday is "Since the year end, the Group has continued to be heavily cash generative, and our strong balance sheet and substantial cash reserves, together with the increasing value of recurring revenue contracts, means that the Group is relatively well protected against any short term slowdown in economic activity. The excellent start we have enjoyed in the first 4 months of 2008 also assists in this regard, and the Board is very confident that the Group will record another successful year." The house Broker's analysis is "Blue Oar view: The valuation continues to appear compelling in terms of our peer analysis and DCF model. On the basis of our forecasts, Dillistone shares are trading on a 2008 prospective PER of 9.9x (10% EPS growth) falling to 8.6x (16% EPS growth) for 2009. The stock trades in line with its closest listed peer, Bond International Software (BDI.L), which trades on 9.7x (flat EPS growth) in 2008, falling to 8.4x (16% EPS growth) in 2009. We believe Dillistone's should trade at a premium to Bonds given its high EPS growth and dividend yields of 5.6% and 6.1% in 2008 and 2009 respectively. " I think that this lot wouldn't dress up a profits warning. What you see is what you get here, and I reckon that they're saying "2008 is going to be a great year", plain & simple. Its a tightly run business, no debt, stonks of cash, good product, and strong prosopects, particularly in the fast growing far east. Particularly liked the phrase "Turnover and margins show significant improvement over the levels achieved in the same period in 2007" Significant in this context means more than 10%. Its a fill yer booots job, not a profits warning!!!!
This is a profits warning masquerading as a positive trading update. The key words are "which have now been fully implemented". Translated this means our forward orders have dried up.
Great results again from Dillistone. Div pushing 5% which is great for a growth stock with material cash backing - investors are being paid to wait for a re-rating which should be material given the growth rating being achieved. PEG ratio looking very attractive. The overseas exposure should help this year with Sterling looking weak. Some cautious comments in the outlook however - but even if they halve the growth rate it's still attractive. I'm hoping they won't do anything silly with the cash. I'd rather them just increase the div. P
Elssworth u thick c*nt. You're posting about DSGI on the DSG thread....wrong thread numbnuts!!!
Azalea You're welcome. I'm sure this one will do very nicely. Bond had slightly disappointing numbers out a week or so ago with only 4% eps growth, and Dillistone are due to report next wednesday (16th). Given the contract wins they announced last year, and their trends on recurring revenues, I'm expecting eps growth of around 20% or so. I'm hoding on, hoping that the market will put a proper price on what looks a soundly run business, with no borrowings, oodles of cash in the balance sheet, and a good market.
lynnex 12 of 13 Thank you for pointing out my error. I return to post the news that DSGI has issued its second profits warning; but find I am on the wrong thread, my apologies to DSG investors, I hope your investment continues to prosper.
Management has been buying at recent lows in the last few days. Adding to their already substantial shareholdings. They have already announced a planned final div of 5p - taking full div to 7.5p or 3.75% - which given the growth rate and valuation of the company appears attractive.
Azalea, you've got this company confused with Dixons, the code for which is DSGI, wheras Dillistone is DSG. Confusing, I know, but this is a sound company thats never blotted its copybook since it came to the market, and has always delivered on its forecasts. Interims were excellent, and there seems to have been a string of contract wins, which should flow through to profits this year and into the future as the support revenues assoviated with them begin. I'm watching this carefully.
I see DSG has got its just desserts - producing a 26% fall in H1 ptx profits. Perhaps one of the lessons its top management needs to learn is not to make black and white warranty promises to it customers and then totally renage on them.
This is weird, can you actually buy it, and if so, how much. Hardly any trades shown.
Good interim results today: - strong growth rate continued - with forward visibility for second half - widened margin (which is still very high) - strong cashflow (around 5.6% forward fcf yield) - greater proportion of repeat business - start of div payments - Strong growth outside of the UK Company is worth £16m, but has cash balance of £1.1m and no long term debt. Forward PE is around 16 times. Stripping out cash it's on around 15 times earnings. Reasonable given the growth. I'm expecting further gains for this stock. Thoughts? P
Greater liquidity and narrowing of the bid offer spread (as noted above probably due to a market maker caught short of stock which is now resolved) Delayed reaction to good results Recent announcement on business wins A very low valuation given the growth rate A decent div in the offering etc etc (see earlier posts)
Anyone know what is driving up the sp?
MM buy at full offer - 10000 at 170p - which is nice.
take a look at this clip from online times -210407- market report........ dyor The peculiar story of the day was provided by Dillistone, a recruitment software group, which jumped 20p to 157½p as four of its directors helped out a market maker caught short of stock. With only 10 per cent of shares in free float, they agreed to provide liquidity by selling on 11,241 issues at 157p each. Dillistone had been marked down sharply since February, sparking talk that its lone market maker was trying to shake out sellers after failing to fulfil orders requesting up to 50,000 shares. Jon McLaughlin, Dillistone's chairman and finance director, said early investors may be ready to sell more, but not at the current price
Agree with your thoughts, Peach, and holding small stake for a couple of months now. It's been a wild ride, but, encouraged by management buys, have held on and now just in profit. Hopefully when their move is completed, and if growth continues at anything like past performance, there will be increased recognition of the evident value, and an explosion of posts here. Good luck.
13:03 The final results appear very strong. The particularly interesting points for me are: - despite just less that half the revenues coming from outside the UK, and so currency movement being against them, they have managed very strong growth. So underlying growth is even higher - cash flow continues to be very strong and they have no long term debt - strong profit growth, despite the development costs of Filefinder 8 - given the guidence for a 2 times div cover - this should put them on a 4% yield - they are expanding outside of the executive search market into general corporate sales - they see considerable growth from emerging markets - order intake in Jan and Feb is 32% ahead of the same period last year The main issue is how robust the business model/quality of product is versus peers (Bonds International is the main UK competitor and there is also an unlisted US competitor) and the fact that 2/3rd of current revenue is from one-off projects. But the results put them: - on a historic PE of around 12 (less if you adjust for the net cash position). - prospective PE of less than 10 is you think they can manage more than 20% growth this year - historic growth is over 40% and they are upbeat going forward - a very high ROE - profit margins of around 20% (based on current 140p offer price) Bond International is on a historic PE of 18 and prospective 13 - for similar levels of growth - actually higher prospective growth according to the 20% growth assumption I make for DSG). Eagle-eyed readers of the final results will note the discrepancy between the 61:39 ratio between recurring: non-recurring revenues and the notes in segment reporting. I called Jim McLaughlin (Chairman and FD) to clarify this (the ratio should be 39:61 - ie the other way round) and managed to get the following interesting points: - they are doing a roadshow from 27 April - which could raise interest - they are looking to appoint a new market maker to help reduce the bid offer spread - which they accept is something they are trying to resolve with the market Long term I expect the share price to take into account: a re-rating of the PE multiple to be more in line with peers (Bond has a 50% higher PE), a re rating due to the greater marketability of the shares (as the bid-offer narrows) and a participation in the growth rate of earnings. Personally I think there's a lot of upside here. Views?
Anyone looked at this particularly illiquid stock? A software provider to recruitment firms sounds like a heavily cyclical company. That said, the market cap is around £7.8m based on an offer price of 145p (note the very wide bid offer spread on the shares). Has net cash (net of long term debt) of £0.7m. Pre tax profits are expected to be £0.9m, so post tax they are on a PE of around 12.5. Stripping out cash from market cap, the underlying business is on a PE of around 11. For the growth (40% year on year) this looks attractive. They also have margins of around 20%, a very high ROE and very high levels of management ownership. Management have been buying further this year at prices higher than the current level. The recent statements are positive on future growth with some caveats about the development costs from a new piece of software they are developing. This is not one for the faint hearted. But for me it looks undervalued given the growth, has a strong balance sheet and well incentivised management. Company announces results on 11th April. Thoughts?
Chat Pages: 11  10  9  8  7  6  5  4  3  2  1
ADVFN Advertorial
Your Recent History
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20200330 15:19:40