 "Surprise fall in inflation boosts interest rate cut hopes
Michael Race
Business reporter, BBC News
15 January 2025 4002 Comments
UK inflation unexpectedly dipped in December, raising expectations of an interest rate cut next month.
Prices rose 2.5% in the year to December, down from 2.6% the month before, marking the first fall in inflation for three months.
The drop was driven by hotel prices falling and smaller rises in airfares than usual, but prices continue to rise faster than the Bank of England's target.
UK borrowing costs, which have been rising in recent weeks, fell and the pound rose easing pressure on Chancellor Rachel Reeves whose Budget policies have been criticised for contributing to the market turmoil.
Government borrowing costs had hit the highest level for 16 years and the pound had dropped to a 14-month low.
After the inflation figure, investors increased bets on the likelihood of an interest rate cut next month and are backing a second cut by the end of this year.
The Bank of England decided to hold interest rates at 4.75% last month, after policymakers said the UK economy had performed worse than expected, with no growth at all between October and December.
Ruth Gregory, deputy chief UK economist at Capital Economics, said the inflation figure "strengthens the case" for a cut to 4.5% in February.
Inflation is much lower than its peak in October 2022 when prices soared, pushing up the cost of living for households and leading to higher interest rates, which has made the cost of loans, credit cards and mortgages, more expensive.
... Debt costs in the UK then fell further after figures in the US revealed core inflation had fallen more than expected, though the headline US inflation figure rose. ..." |
A new low - has nico115 made the same error as I did with this share, but a huge number of more times, when he put up cash at 8p in the raise.
This really is a dog. |
04/12/2024 07:00 RNS Non-Regulatory Dillistone Group PLC OpenAI powered Interview Simulation Platform LSE:DSG Dillistone Group Plc
"Dillistone Group launches OpenAI powered Interview Simulation Platform
Dillistone, the AIM quoted supplier of software for the international recruitment industry, announces the launch of its innovative AI-driven Interview Simulation service, available to subscribers of the Group's B2C brand "GatedTalent".
The groundbreaking service leverages cutting-edge artificial intelligence, including OpenAI's GPT-4 and Whisper technologies, to deliver an interactive and highly personalised candidate interview preparation experience.
The service allows candidates to upload their CVs and job specifications directly to the platform. Using AI, the candidate receives realistic, speech-based interviews through dynamic, conversational exchanges.
The system:
• asks tailored interview questions,
• listens to responses via microphone input, and
• provides follow-up questions as appropriate, mirroring the flow of a genuine professional interview.
Upon completion, candidates receive detailed, actionable feedback to refine their performance and enhance their readiness for real-world opportunities.
Commenting on the launch, Jason Starr, CEO of Dillistone Group Plc, said:
"This launch represents a transformative step forward in talent preparation and recruitment technology. Our AI Interview Simulation service empowers candidates to practice and improve their skills in an environment that mirrors the challenges of real interviews, all while harnessing the latest advancements in AI and natural language processing. By investing in this technology, we continue to help individuals unlock their potential and provide companies with better-prepared candidates, driving success for all stakeholders in the hiring process."
The platform is available at
Enquiries:
Dillistone Group Plc
Giles Fearnley Chairman Via Walbrook PR
Jason Starr Chief Executive Officer
Ian Mackin Finance Director
Walbrook PR
Tom Cooper Dillistone@walbrookpr.com
Joe Walker 0797 122 1972
Notes to Editors:
Dillistone Group Plc is a leader in the supply and support of software and services to the recruitment industry. Dillistone operates through the Ikiru People (www.IkiruPeople.com) brand.
The Group develops, markets and supports the Talentis, FileFinder, Infinity, Mid-Office, ISV and GatedTalent products.
Dillistone was admitted to AIM, a market operated by the London Stock Exchange plc, in June 2006.
Learn about our products:
Talentis Software:
Voyager Software:
GatedTalent Services: " |
With this addition feature the employers might as well skip the interview and just let the software select the candidate they think best. |
Back in the ditch. Maybe get some more support from nico115 if it goes lower.
Disappointing that there has been no news of contracts from overseas, as the UK market can only be getting worse. |
With the increase NI companies will have to pay, the outlook for DSG looks rather grim I regret to say but on the other hand if they can expand the USA side of the business, then the growth under the Trump government could be the spark that this company needs, and expansion without additional investment should lead to improvements in the bottom line.
I look forward to the next T/S. |
More volume today than we have seen recently. |
Well someone is still nibbling away T101 as you seem to have posted on the thread before buys on a couple of occasions, I am starting to think that you maybe are the buyer that is building a nest egg, for the long term potential, or a takeover by one of the larger concerns. |
It's a long wait for a Spring Tide I grant you T101. Zzzzzzzzz |
Hello T101 good to hear from you, you will notice someone is nibbling away picking up 10k lots.
Like the tide it's fortunes will change. |
Unless there is a takeover, it will be six months before this is likely to move now, as there is no liquidity in this stock.
It has been a dog but will get its day as it is going the right way.
No growth in revenue expected and only when confidence returns will there be a rapid change, as margins are high on the main executive search product.
As nico said though, it is profitable on a day to day basis but still has debts to pay down.
Directors are not adding but can convert loan at 14p so maybe the upside is 14p for now.
Still it is up nicely and hopefully will jog up a bit more soon. |
nico
btw
..has this share been mentioned at all in the financial/share press/media ?
it does look too cheap |
17/09/2024 07:00 RNS Regulatory News Dillistone Group PLC Interim Results & Investor Presentation LSE:DSG Dillistone Group Plc
"Dillistone Group PLC, the AIM quoted supplier of software for the international recruitment industry, announces Interim Results for the six months to 30 June 2024.
Summary
• Group H1 adjusted operating profit up £0.097m to £0.133m (H1 2023: £0.036m).
• Rolling 12 month adjusted operating profit increases significantly to £0.237m (H1 2023: £0.009m).
• Operational efficiencies increase adjusted EBITDA margin to 25.8% (H1 2023: 20.6%).
• Total revenue of £2.519m (H1 2023: £2.826m), down 11% in a tough recruitment market.
• Recurring revenues represented 91% (H1 2023: 91%) of Group revenue.
• Net cash generated from operating activities dropped slightly to £0.529m (2023: £0.565m).
• Utilisation of bank facility at period end of £0.172m (2023: cash £0.249m) reflecting ongoing repayment of Government support loans (£0.300m annually).
• Board expects to deliver full year results in line with adjusted PTP market expectations.
• Investments made in platforms and efficiency gains over recent years allow the Group to continue to deliver "Excellent" Trustpilot rated services to customers, despite significant reductions in cost base.
Post Period
• On 23 August 2024 the Group raised £0.300m through the issue of loan notes and an additional £0.060m from issuing shares to a new investor.
• As at 31 August 2024 cash was £0.156m.
Commenting on the results and prospects, Giles Fearnley, Non-Executive Chairman, said:
"In my statement in the Annual Report, I said that we had made a solid start to the year. These results confirm that statement with adjusted EBITDA and adjusted operating profit up £0.069m and £0.097m respectively on H1 2023 despite challenging conditions in our key markets. However, we are not immune to the challenges faced by the recruitment sector, and expect to see recurring revenue in H2 below that delivered in H1, driven in large part by significant staff downsizing among our client base. Nevertheless, we are confident of meeting market expectations for adjusted PTP for the year."
* Note: "Adjusted" refers to activities before acquisition, reorganisation, Government support, and one-off costs
Investor Presentation: 3pm today, Tuesday 17 September 2024
Jason Starr, Chief Executive, and Ian Mackin, Finance Director, will hold an investor presentation to review the results and prospects at 3pm on Tuesday 17 September 2024.
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.
Questions can be submitted pre-event to dillistone@walbrookpr.com or in real time during the presentation via the "Ask a Question" function. ..." |
A very good Investor meet.No longer loss making .Director buying Good technology Small mkt cap Hoping for a 3 bagger . No view on a 6 month short term view. Longer term we seem very cheap indeed. |
the chart is starting to look much better now
fingers crossed the trend might changing direction, from down to up. |
11/09/2024 07:00 RNS Regulatory News Dillistone Group PLC Notice of Results & Investor Presentation LSE:DSG Dillistone Group Plc
"Dillistone Group PLC, the AIM quoted supplier of software for the international recruitment industry, expects to announce its Interim Results for the six months to 30 June 2024 on Tuesday 17 September 2024.
Investor Presentation: 3pm on Tuesday 17 September 2024
Jason Starr, Chief Executive, and Ian Mackin, Finance Director, will hold an investor presentation to review the results and prospects at 3pm on Tuesday 17 September 2024.
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.
Questions can be submitted pre-event to dillistone@walbrookpr.com or in real time during the presentation via the "Ask a Question" function. ..." |
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 |
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