Direct Line Insurance Share Discussion Threads

[james t kirk] 10/5/2005 07:44

Yes looks good, the team's shaping up nicely for the expansion.

[zinco] 10/5/2005 07:20

THIS LOOKS LIKE A GOOD APPOINTMENT.....

RNS Number:0705M Delling Group PLC 10 May 2005


Press Release 7:00am 10 May 2005
Delling Group Plc
Board Appointment


Delling Group Plc ("Delling Group" or "the Company"), the marketing services group, is pleased to announce that Michael Steven Hudgell has been appointed Director of the Company, with effect from 1st July 2005. He will be responsible for marketing the Company's expansion into England, following its successful increase in sales and acquisitions in Scandinavia.

Mr Hudgell (aged 48), has an extensive background in sales and marketing in North America with NASDAQ listed companies and in the UK with quoted companies. He joins Delling Group from Impatica Inc, an internet solutions company where, since December 2001, he has worked as Managing Director and built a UK team for direct sales. This included helping raise initial working capital from private UK investors when Impatica was a start-up. Prior to this, from January 2000 until October 2001, Mike worked as Sales and Marketing Director for QSP Plc, an established Financial Applications and ASP Vendor, where he focused on European and UK expansion.

Before that, he was Director of Corporate Sales and Marketing for Gresham Computing Plc, the developer of software solutions. Mike has also worked at Performance Software, an automated software testing company, as Business Development Director and later as Group Marketing Director and he was UK Marketing Director for COGNOS. He entered the industry at Digital Equipment Co where he worked for eleven years, initially as UK Marketing Manager and then as European Marketing Manager.

There are no further details to be disclosed of Directorships or Partnerships held by Mr. Hudgell in any other company at any time in the previous five years. Furthermore, there are no further disclosures to be made according to schedule 2 (f) of the Aim Rules.

Commenting, Aksel Bratvedt, Chief Executive, said: "Mike has a wealth of knowledge and experience. He has worked in sales and marketing for public and private companies in the IT industry for over 25 years and has assisted at board level reporting to the CEOs, in strategy, brand development IPOs, cash generation and mergers and acquisitions. I am confident that he will, together with our recently appointed Finance Director, strengthen the Company's infrastructure and capability. I look forward to working with him in continuing to achieve our goals of strong growth organically and through organic growth as well as acquisitions in the UK, in addition to overseas markets, as Delling Group expands its concept of providing a range of outsourced services geographically."



For further information contact:

Delling Group Plc


Aksel Bratvedt, Chief Executive Tel: [phone]
Mobile: [phone]

[james t kirk] 06/5/2005 11:49

KB, City Equities do research shares quite well, but buy pockets and sell on quickly for a profit. In this case the company (DLG) has fantastic prospects, but unless they are offering shares for less than 22.75p, current actual buy price - what's the point.

[kenbarlow] 06/5/2005 10:42

City Equities contacted me today re this share but I have never dealt with them (CE). What experience do you all have ? Any comments ?

BR
kb

[stacks] 06/5/2005 05:16

James T K City never hold for long. They will be trying to put these onto the client list...

19p then sell for 24 ...not bad for a days work...

[james t kirk] 05/5/2005 17:24

Well if City Equities have taken a chunk that should help to clear some of the overhang that is apparant. Not sure why anyone would want to buy off CE at 24p when you can buy from a normal broker at 23p though.

We should see an RNS soon to say they bought and subsequently sold.

[deanforester] 05/5/2005 17:00

City Equities are pushing them at 24p. They bought in the market.

[james t kirk] 05/5/2005 16:28

Three big trades, one broker and two substantial sells. There's been a problem with this share recently, being able to sell very few and buy loads.

The share price has held up remarkably well considering, but with so many new contracts, it's just a matter of time before we start to rise again.

[zinco] 05/5/2005 10:08

Dont think you could just "drop" 1.1m on the market without notice,with all the buying over the last few weeks the share price SHOULD have risen much higher,IMHO we are now seeing the reason it did'nt,get the slack taken up and we may see some action here....;-))

[karlmarsh] 05/5/2005 10:01

Oops, spoke too soon. 1.1mil sell at 19p!!

[zinco] 05/5/2005 08:38

Your not wrong thier fella,DLG has held up just fine......;-)))

[karlmarsh] 05/5/2005 08:36

There's not much happening anywhere. Thin volumes, AIM stocks have taken a bit of a battering, we are doing very well considering.

[james t kirk] 05/5/2005 07:52

From what I've seen on the VML thread, RAB have created a new fund and have moved over 10 stocks into it. There were many other large x trades including VML, all for the same reason - so no problem.

zinco, that's been the case for a few days, with the MM's clearly having an excess of stock and they don't want any more.

[zinco] 05/5/2005 07:37

This would explain the share price over the last couple of weeks,has the overhang cleared?...the last dummie trade i did with comdirect was:

buy from them 250k@23p (mid price at the time)

while you could sell only 5k@22p

i'll see what thier offering now later.....;-)))

[rivaldo] 04/5/2005 17:01

Hmmm...an X trade of 4,480,952 shares!

It just so happens that that's RAB Capital's exact holding. Have they taken profits and placed it out, or is it just an internal move within RAB? If the former it would be great news.

[stacks] 27/4/2005 11:54

If market cap is high but price pre share is low, yes there are some that pension/insurance companies that have regulations in place that prevent them from buying.

The other way around is also true. Price per share may be high ie over a pound but market cap rules state they can not invest.... eg market cap is less than 100m

[stacks] 27/4/2005 11:14

Most big insurance companies are not even allowed to touch small caps. Rules are normally defined internally by the insurance company. Usually market cap, but somtimes price per share

[pomp circumstance] 27/4/2005 10:21

its only a very small company, isnt there some truth in the small cap market being hit due to FSA regulations on Insurance Companies limiting the amount of exposure they are allowed to cary to small cos perceived to be high risk!!

[stacks] 27/4/2005 10:18

MM's trying to get momentum here by creating the perception of a rise... trading range is actually the same as yesterday.. suprising little volume of late considering news flow

[pomp circumstance] 27/4/2005 10:08

is it not something to should about?!!! ;)

[james t kirk] 27/4/2005 09:35

Sorry could you say that again Pomp, I couldn't quite read it!

Rivaldo, I had it e-mailed to me last night, so presume it's new, although price looks at least a week old, so may be old news, re-released.

[pomp circumstance] 27/4/2005 08:58

BREAK OUT!!!!

[rivaldo] 27/4/2005 08:48

James, is that a new Buy rec or the same as the old one? I see it's dated 26th April...

Nice to see the spread widening on a couple of small buys - a shortage of stock?

[james t kirk] 27/4/2005 05:52

Buy Delling Group at 23p
26.04.05
GE&CR


The report cannot be seen as impartial as Delling Group are a corporate client of GE&CR which is owned by t1ps.com Ltd

These recommendations do not constitute advice, please read the risk warnings.

Delling Group Plc is an AIM listed company with near- and longer-term growth prospects to be generated under a well defined and cogent strategic plan which is described below.

It is somewhat unusual because it is a UK incorporated company under Scandinavian management, addressing a fast growing and impressive Scandinavian corporate client base. This comprises both domestic Scandinavian companies and international corporations operating in Scandinavia. Its strategy, apart from relating Scandinavian market needs to the UK media support services market, is to make earnings-enhancing corporate acquisitions in Scandinavia from amongst competitors operating in a market dominated by a large number of small unquoted companies. Acquisition targets are selected because of the quality and value of their client bases. Delling Group, providing corporate marketing support services, is able to offer additional services and products to these acquired clients. How it can achieve striking benefits from this strategy is described by its recent acquisition of Norwegian company Depicta Fame.

Delling's management has plans for more such acquisitions and believes that there are plenty of opportunities in the fast changing and increasingly IT driven media support market of Scandinavia. Small, individual, companies operating on traditional specialisations are often unable to keep up with changing customer demands. Delling has been created as an efficient 'one-stop-shop'. It competes on the range of products and services it can provide and on the prices it can negotiate with third party suppliers on behalf of itself and ultimately its clients.

We believe that the company's growth prospects, both organic and acquisition driven are not reflected in the low rating of its shares. We recommend a buy.

Year to Dec 31st
Sales (million pounds)
Operating

profit

(million pounds)
EPS (p)
PE Ratio

2004E
1.8
(3.5)
-


2005E
10.5
1.5
2.0
11.75

2006E
15.5
2.5
2.9
8