Direct Line Insurance Share Discussion Threads

[silent_angel] 13/2/2007 11:26

Not yet profitable? Do you mean not yet making a profit? There is a big difference.
The whole point of an investment is you pay the 'one off' initial cost to get a multiple amount in the end.
Trying to attract Scandanavian institutional investment?
Isn't that a good thing? Hasn't it already done it?
When is the best time to invest, when the price is low and before the investments come to fruition or after?
Which is going to give the better return, heavily investing time and money for exponential growth, or showing off a profit?

Think Big.

[silverfern] 13/2/2007 08:34

I think you can take the Chairman's last remarks to mean they are not yet profitable, that there has been significant dilution of your holdings (again) and that they are trying to aquire sufficient business to achieve a critical mass of turnover that attracts Scandanavian institutional investment. Should they become profitable on gross there may also be 'one off' acquisition costs. Results I presume in march and I will watch for those. Certainly not the time to invest now IMHO. DYOR.

[silent_angel] 13/2/2007 07:34

Delling Acquisition Completed


RNS Number:1377R
Delling Group PLC
13 February 2007


For release 7.00am 13 February 2007


DELLING GROUP PLC (DLG.L)
The AIM-listed marketing support services group

Acquisition completed


Delling Group PLC ("Delling" or the "Company"), the only listed marketing
support services group on AIM whose principal assets are in Scandinavia,
announces that it has issued a total of 14,843,633 new Ordinary Shares of 1p to
complete the acquisition of Sandbergs Exhibition Group AB ("SEG"), originally
announced on 16 October 2006. Application has been made for admission of the new
Ordinary Shares to trading on the AIM market of the London Stock Exchange. The
new Ordinary Shares will rank pari passu with the existing ordinary shares of
the Company. Dealings in the new Ordinary Shares are expected to commence on 17
February 2007.

Of the shares issued, 3,343,633 have been issued to the vendors of SEG as part
consideration. The remaining 11,500,000 have been issued to a combination of
existing and new institutional and retail investors in Norway for cash at 10
pence per share, raising #1.15m gross of expenses, of which #0.8m will also be
paid to the vendors of SEG. This amount is #10,000 less than previously
announced due to a beneficial movement in the exchange rate.

The Directors believe that the placing to Norwegian investors shows a growing
demand for Delling's shares in one of its operating countries. The placing is a
potential precursor for a dual listing on the Norwegian stock exchange. Although
such a listing would not occur until early 2008, it is something the Board will
consider over the coming months.

Amongst the institutions investing is that of the pension fund of Tine, the
Scandinavian dairy products group, which is now interested in a total of
13,250,000 ordinary shares in the Company, which represent approximately 8.0 per
cent. of the issued share capital of the Company. These shares are held in the
name of MP Pensjon.

Commenting, Aksel Bratvedt, Chairman of Delling Group, said:

"I am delighted to complete another successful acquisition bringing to the Group
further earnings and synergies. The placing into the Norwegian investor market
marks Delling's growth as a business and offers the exciting potential of giving
Delling access to an additional pool of investors.

Since 2004, Delling has acquired seven businesses and has increased its turnover
tenfold through acquisitions and organic growth. The Company is pleased to
report that the rate at which exciting target opportunities continue to present
themselves has increased and accordingly, we continue to invest heavily, in both
time and money, to investigate such opportunities thoroughly and to ensure their
smooth integration, so as to guarantee the optimum return. Indeed, it is
pleasing to note that increasingly, opportunities are brought to Delling,
reflecting the Company's increased profile."

[silent_angel] 13/2/2007 07:33

Delling issues 14.8 mln shs for Sandbergs purchase, considers Norwegian listing


LONDON (AFX) - Delling Group PLC, the only listed marketing support services
group on AIM whose principal assets are in Scandinavia, said it has issued
14,843,633 new ordinary shares to complete the acquisition of Sandbergs
Exhibition Group AB ("SEG"), originally announced on Oct 16 last year.
Delling said 3,343,633 of the shares were issued to the vendors of SEG as
part payment. The remaining 11,500,000 have been issued to a combination of
existing and new institutional and retail investors in Norway for cash at 10
pence per share, raising 1.15 mln stg before expenses, of which 0.8 mln will
also be paid to the vendors of SEG.
This amount is 10,000 stg less than previously announced due to a beneficial
movement in the exchange rate, Delling said.
Delling said the placing with Norwegian investors shows a growing demand for
the group's shares in one of its operating countries. The placing is a potential
precursor for a dual listing on the Norwegian stock exchange, it added.
Although such a listing would not occur until early 2008, it is something
the board said it will consider over the coming months.
Amongst the institutions investing is that of the pension fund of Tine, the
Scandinavian dairy products group, which is now interested in a total of
13,250,000 ordinary shares in the company, which represent approximately 8.0
pct.

[redprince] 12/2/2007 11:24

Hello all, just stuck some of these in my sipp as they look good for the long term.

Good luck to all

[james t kirk] 12/2/2007 09:04

I've no spare cash, but if you can hold for 12 months it looks a great investment.

[silent_angel] 12/2/2007 08:54

Just bought 10000

[james t kirk] 08/2/2007 17:24

Tiny volume, just look at it as an opportunity to buy more at a cheap level if you're taking a long term approach.

[spaceparallax] 08/2/2007 13:52

Surprised to see us back at this level.

[hastings] 25/1/2007 15:51

Indeed Chaweewan

[chaweewan] 24/1/2007 12:37

hastings

Very 'Scandinavian' but seemingly sound. I am 'in' for the second time having sold previously out of boredom! Not good ploy. I think we have to be VERY patient.

[hastings] 11/1/2007 15:33

Delling "buy"

Tuesday, January 09, 2007 5:01:09 AM ET
Seymour Pierce

LONDON, January 9 - Analyst Alan Matthews of Seymour Pierce maintains his "buy" rating on Delling Group Plc (ticker: DJJ).

In a research note published this morning, the analyst mentions that the company has announced a contract win, which is expected to generate annual revenues worth £1.1 million. Delling would require manufacturing graphic materials for VI-Butikerna under the two-year contract, which is to commence in February 2007, the analyst adds.

[hastings] 09/1/2007 08:47

Making good headway, a very nice deal.

[blowitall] 09/1/2007 08:18

have we any number crunchers on this board to give us an insight as to how this will effect eps

[james t kirk] 09/1/2007 07:54

Nice contract win this morning £1m revenue per annum not to be sniffed at. Delling certainly seem to be going about their business very effeciently.

[hastings] 28/12/2006 15:00

Seymour Pierce EPS EPS
15-12-06 BUY 1.00 1.00 2.00 1.50

[hastings] 28/12/2006 12:37

JIMCAR--- no problem at all. Bought in myself a couple of months back and like you say they do look interesting. Of course, its all about the pudding and all that and so far DLG would appear to have failed in serving up something tasty. However, i suspect that when things do come right, we could see a sustained rise in the share price
If they can get anywhere near 2007 forecasts they look very cheap imo.

[jimcar] 28/12/2006 12:31

hastings

I was speaking from memory and thought that they had sold their original holding in 2005 and then bought back in at the last placing. I have had a look for a notification of this but can't find one and I can't remember where I saw the reference. It might have been in an analysis by someone.

I wasn't trying to imply that they would sell now, just worried that something will go wrong. I have been in DLG since 2005 and though the basic model looks promising something always seems to go wrong. Their website shows that they can create glamorous images and I hope that DLG are more than this.

Anyway apologies if my memories are faulty, wasn't trying to deramp.

[hastings] 28/12/2006 10:47

JIMCAR, could you enlighten me as to when RAB last sold? I notice that in August an RNS was announced giving its holding as 19,105,952 or 14.08% the following RNS shows as 21,105, or 14.11% that looks like an increase to me.

[jimcar] 28/12/2006 09:33

I hope so.

Although I suspect we might see another sell off by RAB Capital, followed by by a heavily discounted placing with RAB to fund a foray into the UK advertising market or billboards in space.

[james t kirk] 28/12/2006 08:19

This has started creeping up again on thin volume as the year draws to a close. I thought this year would be big for DLG, but 2007 now looks likely to be the one as revenues incraese and profits should multiply.

[ph1ts] 14/12/2006 19:56

Being a long term holder, I have seen many strange price movements. IMHO the chart looks very promising. The strategy seems very shrewd to me, buying small profitable companies. Especially when you can remove many of their fixed overheads making them even more profitable. You also remove one the competition and even acquire their customer base.

[spaceparallax] 14/12/2006 15:51

Strange share price response to what should be a good acquisition.

[james t kirk] 14/12/2006 07:10

Another nice aquisition of a small profitable company, which strengthens their grip on the market in Scandanavia.

[76tom] 13/12/2006 09:41

Delling wins further contract with Expert Invest, adds 3.6 mln stg/yr revenues
AFX


LONDON (AFX) - Delling Group PLC, the AIM-listed marketing support services firm, said it has won a further contract with Expert Invest AB bringing revenues from business with the Swedish group to some 3.6 mln stg a year.

Under the contract Delling will be responsible during 2007 for the production and delivery of all graphical material to Expert's 300 shops in Sweden.

Delilng said that, with the contribution from the first Expert deal only taking effect from August 2006, this new contract should represent a 'significant' increase to the group's expected organic growth in 2007/2008.

Delling also confirmed that other contracts announced in 2006 continue to develop in line with expectations.

On a separate matter, Delling reiterated its view that mobile marketing is an increasingly important area of its services and it is now working on securing services from firms with advanced and accepted technology with a view to generating an income stream from them as quickly as possible.

With this in mind, an agreement has been signed with Mobtopia AS which provides Delling with the rights to offer Mobtopia's technology under Delling's own brand name to Delling customers in Scandinavia.

Delling said it is in talks with a number of its customers about such projects.



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