Direct Line Insurance Share Discussion Threads

[pomp circumstance] 18/5/2005 19:54

Plaskik had a few less than i thought, 4,185,714

Funnily if they didnt sell any before the 5th May sale of 3,519,048 they now have

666,666


Is someone having a laugh!!!!

[pomp circumstance] 18/5/2005 19:39

Over the past few days we have seen the following trades at 21.9375

352,500
333,000
100,000
70,000
30,000
20,000
10,000

in total 915,500

I suspect this is something to do with the recent sell of 3,519,048 which was dealt in 2 lots

2,419,048 as a normal trade and 1,100,000 as a 'B' Broker to Broker
(A transaction between two member firms where neither firm is registered as a market maker in The security in question and neither is a designated fund manager.)

I suspect there is an overhang in the market which is being quickly cleared!

By my calcs Plastisk Kirurgisk Klinikk AS had 4,186,560, they sold 3,519,048 on 5th May leaving 667,512 .

Which group of shares these recently dealt lumps comes from is anyones guess!

From the 2,419,048, from the broker to broker 1.1 mil or the Plasticks 667,512?

I dont think its from the B to B, as there would be sells to match the buys as they shift them as the B isnt an MM.

No sign of any trade with 512 in it so prob not that (although my calc of Plaskiks total was based on a % of 67,2mil from REFS a while back , where the share price note says 68.2mil.

more digging to do!!!

[zinco] 18/5/2005 19:33

Another 520k bought today @21.97p......looks to me like someone is taking up all the slack here....when,not if springs to mind.....;-)))

[rivaldo] 18/5/2005 18:38

Interesting closing trades - 3 buys of 503,000 shares at 21.94p. Someone's keen.

[pomp circumstance] 18/5/2005 07:05

that too ;)

[james t kirk] 18/5/2005 07:01

Don't you mean excited! I didn't think you were exciting - lol!

[pomp circumstance] 18/5/2005 06:42

Sorry Capt, Im getting exciting!!!

[james t kirk] 17/5/2005 20:53

Pomp steady, we usually have three posts a week on this thread - you've used up your allocation in one evening!

[pomp circumstance] 17/5/2005 19:18

Examples of clients
Here's just a sampling of Delling's wide variety of clients.

Arla (Dairy products) Retouching tasks campaign images

Beijer Group (Industrial trading). Outsourcing, production of marketing materials.

SSP, Scandinavian Service Partner / Compass Group (Food services). Print production, print on demand solutions, distribution of messages on plasma screens.

Hewlett Packard (Information technology). Outsourcing, production of marketing materials.

J Lindeberg (Men's and women's fashions). Outsourcing, production of marketing materials.

McDonald's (Food services). Production of marketing materials.

SAS Trading (Airline). Database for storage and distribution of images and videos, distribution of messages on plasma screens.

Statoil (Oil and gas company). Production and distribution of in-store marketing materials.

TeliaSonera (Telecommunications operator). Production of marketing materials, distribution of messages on plasma screens.

Hydro (Gas & oil services). Exhibition material

ICA (Supermarket) Production of marketing materials

Selecta (Food and beverage supplier) Production of marketing materials

[pomp circumstance] 17/5/2005 19:14

... SAYS

Reports
Preliminary results 2004 (to be released at the end of May 2005)

[zinco] 17/5/2005 19:05

Checkout the last three trades today almost 400k after the bell at 21.97p and with the bid being 21p at BEST all day these were for sure ALL buys,news coming?......RNS to confirn results?.....another new contract?.....pomp topping up?.....or did he get a sun tan from PDX today...lol......;-))

[james t kirk] 17/5/2005 13:18

Thanks rivaldo, shame that as usual trading is thin to say the least!

I'm not sure what will spark this little beauty into life, but hopefully it will be results due by end of month.

[rivaldo] 17/5/2005 09:57

Growth Equities have e-mailed round today via Tips.com/UK-Analyst another of their monthly round-ups - interesting that they're saying DLG is a Buy at 25p (could be a typo I suppose):

"Delling Group

There have been two developments at Delling Group since we initiated coverage in April. The company has announced three new contract wins in Sweden which should bring in 800,000 pounds in sales. The contracts have been signed with Sony, Telia Sonera and Inflight Group, commissioned through Delling's subsidiary, Butler Systems. Turnover from the contracts will be realised from May onwards this year.

Delling has also appointed Michael Steven Hudgell as Director. He will be responsible for marketing the company's expansion into the UK. He brings on board his experience of developing early stage companies like Impatica Inc and QSP Plc.

The company is on track to achieve our forecasts of 10.5 million pounds in sales and 1.5 million in pre-tax profits for the year to December 2005. If anything we believe that the risks to those numbers are on the upside. The business has demonstrated strong growth and trades on a forward PE of 11.75 dropping to 8 in 2006. At 25p, our stance remains unchanged and we continue to recommend the stock as a buy."

[zinco] 13/5/2005 12:24

For me this investment has held up just great,i mean someone selling 3.5mil in these markets?.....onwards and upwards i say.....;-)))

[rivaldo] 13/5/2005 12:18

Yep, bit of an overreaction. I assume these were one of the original (VC?) investors who can now exit with a hefty profit. As zinco said, if an overhang has been cleared it could be time to move on with more news soon...

[james t kirk] 13/5/2005 10:59

Well they had 6.1%, so haven't sold out completely, just have less than 3%.

MM's used it as a chance to knock us down a penny - no big deal - still very undervalued.

Major Shareholders
Bjart Dysthe: 29.3%
Geir Lolleng: 24.3%
Rab Capital: 6.6%
Plastisk Kirurgisk Klinikk AS: 6.1%
Aksel Bratvedt: 5.5%
Witton Holdings: 3.8%
J.M. Finn: 3.4%
Hargreave Hale: 1.7%
Framlington: 1.3%

[zinco] 13/5/2005 10:34

Overhang gone?.....;-)))

RNS Number:2722M Delling Group PLC 13 May 2005


For release 13th May 2005
Delling Group plc
Holding in Company


Delling Group ("Delling Group" or "the Company") was advised on 12 May 2005 that Plastisk Kirurgisk Klinikk AS disposed of 3,519,048 ordinary shares in the Company on 5 May 2005. Accordingly, Plastisk Kirurgisk Klinikk AS no longer has a notifiable interest in the share capital of the Company.

For further information please contact:

Delling Group Plc


Aksel Bradvedt, Chief Executive 020 7010 8210




07766915245


Geir Lolleng, Chief Operating Officer 020 7010 8210
[phone]


Binns &

[simon gordon] 11/5/2005 13:25

Cool!

My memory is tripe.

ERG what a chart.

It is due a pullback and then onto 3.50 next year.

All the best!

[james t kirk] 10/5/2005 21:22

Delling is also held tightly with 80% in the hands of major investors.

Although you can buy almost as many as you want and sell very few currently, this will change. So if you buy, make sure you have the cash to hold for the medium term.

[karlmarsh] 10/5/2005 20:54

Simon - I know which I would rather hold. Catching falling knives requires more skill than I have. Delling is, in my opinion, a rocket with the blue touchpaper smouldering.

[simon gordon] 10/5/2005 20:23

Hi Rivaldo

As you are value investor I ask you if not MEG is better value than DLG?

Regards

SIMON

[karlmarsh] 10/5/2005 18:39

Header updated, thanks rivaldo

[rivaldo] 10/5/2005 14:23

Yep, looks like UK acquisitions to follow soon. DLG has a new web site up now too, with useful downloads especially on iTag:



Results confirmed as out at the end of May.