Dillistone Share Discussion Threads

[smithie6] 04/5/2023 14:50

or make it rise.

-----

You want to create sellers....so you can buy volume ?

[terminator101] 04/5/2023 08:16

ZzzzzzzzzzzZero volume = theres no bid support = it wont take much to collapse this dog.

[smithie6] 03/5/2023 13:45

...almost no volume recently....

...very small % of the shares in the hands of small PIs

[clocktower] 03/5/2023 11:33

Interesting comments S.

Did you notice the late trade of 4k yesterday at 21p at all, which is why the share is being listed as down this morning, even though there was no change in MM prices or any trades today.

Interesting times ahead, it just takes time bar a bid, which would come as no surprise as the potential might be huge. If it does a generous all share offer from the right party would be good impo.

[clocktower] 27/4/2023 15:26

Nice to see a trickle of trades, maybe it will gather pace if it becomes two way traffic.

[chrisdgb] 27/4/2023 15:05

Could the CEO do an MBO, would that solve it...?

[clocktower] 26/4/2023 09:20

Thanks for your views and potential current value to another organization.

The beauty is, the way I see it, is that if there is a pickup in sales or any new big contract, most income goes straight to the bottom line.

[smithie6] 26/4/2023 08:56

If it did not have board approval what % is needed ?

if an offer has approval is it 50.1% of shares need to vote yes or ?

I guess that any offer price agreement might depend on the key big shareholders & how old they are, whether they want cash at this moment.

but any price wld have to be notably higher imo

to build up £5-6 million in recurring revenue....starting with a company with revenue of say £1/2million....to build that up to £5-6m would take years & lots of investment, £20 million ?

----

Who might buy it ?
A company in the USA wld be my best guess. One looking to expand in the UK for its related products & into countries globally were DSG has existing sales (much cheaper than starting from 0 yourself).

-----

value ?
double ?
£8m ?

would still cheap for what a buyer gets, 'if' buyer want to expand from USA to uk, Europe & where DSG has sales; & cross sell their own products.

----

been quite a few takeovers happening in recent weeks, inferring that there are buyers out there who think that various cos. are cheap & worth buying.

(I got some money from a takeover last year.
did well on that :-)

[clocktower] 25/4/2023 13:35

What value for a purchaser would you put on the company based on what you have stated in post 97 Smithie6?

[smithie6] 25/4/2023 10:12

recurring revenue is about 50% higher than the cap. value

& some of that revenue is from clients spread around the world

makes the cap. value look cheap imo

----
If the cost of being listed including the cost of the dirs. is perhaps around £1 million ...then the company would be cash generating & cheap for a buyer if they removed the dir. & listing costs. And should give cross selling opportunities to a buyer.

[clocktower] 25/4/2023 09:24

Fair comment PUGUGLY but one has to spread ones portfolio and this has great potential impo and the upside could be far better than any cash in the bank plus tax advantageous if invested correctly.

DYOR.

[pugugly] 25/4/2023 09:17

Time value of money - Maybe better value elsewhere - That is if you can find it but market very edgy at the moment and cash paying highest interest rates for years.(edited to correct spelling)

[clocktower] 25/4/2023 09:09

Much as I expected but I would have liked to hear more about the new contracts but I guess there will be more information about that during the investor presentation.

At least they are paying down debt monthly but a little disappointed to see the amount of net cash reduction at this point in time.

"Jason Starr, Chief Executive, and Ian Mackin, Finance Director, will hold an investor presentation to cover the results and prospects at 3pm on Tuesday 25 April 2023.

The presentation will be hosted through the digital platform Investor Meet Company. Investors can sign up to Investor Meet Company and add to meet Dillistone Group Plc via the following link . For those investors who have already registered and added to meet the Company, they will automatically be invited. "

Still, I was not expecting any big uplift in the share price until late 2023 early 2024.

Just a hold.

[2jamdog] 25/4/2023 08:14

Told you. F* all details. Losses again, no resignations. Needs a thorough clean out.

[2jamdog] 24/4/2023 17:48

You’ll hear f* all about the new contract tomorrow, & the results will tell you nothing about how the company is performing. It will be the usual exercise in obfuscation, mid-direction & anticipation of future profits. Until the CEO is removed it’ll be the same, it needs a completely new brush to reveal all the things brushed under the carpet for the past decade & get it profitable, cash positive & sold.

[clocktower] 24/4/2023 17:27

Hopefully we will hear a lot more about the contract tomorrow.

[chrisdgb] 24/4/2023 09:55

Interested in the upcoming results.........

[smithie6] 24/4/2023 09:36

maybe link'd

[clocktower] 24/4/2023 07:37

I will be surprised if we see any buying ahead of the results tomorrow, as I don’t expect anything other than a slightly improved position BUT I think there will be a fantastic forward looking statement for the rest of 2023 but mainly 2024 which I believe will be transformative in every respect.

I expect debt to be reduced slightly, a small increase in cash and an increasing customer base..

Keep with it Smithie6 someone could bid for it seeing it is so undervalued after the results sink in imo.

[smithie6] 21/4/2023 08:14

...results should be published next Tuesday, 25th.

today & Monday are the last chance to buy in advance

[clocktower] 19/4/2023 20:07

All very positive as far as I am concerned, as I only noticed one small sell this week but if it was to have fallen further back, I would have picked up more for the longer term ie 2024/2025

[smithie6] 19/4/2023 19:38

just 6 days to go until results on 25th April

[smithie6] 14/4/2023 08:09

it's a microcap with a tiny cap. value

what do you expect

if you want a co. that produces RNSs every week/month perhaps look at say BLU or one of the struggling high cost lenders like NSF, Amigo or MCL. Or clothing companies like Superdry. They are g'teed to keep you interested with a tide of RNSs (with corporate actions & stress !, some of them might go bust at any moment). Did clothing companies
ITS & Joules both go into administration with 0 for shareholders !
Picking a share just because it might be 'exciting' or produce lots of RNSs, it is not something I look for personally.