Dm Share Discussion Threads

[and again] 01/11/2007 09:49

Busy doing what, may I ask?

[guru11] 31/10/2007 18:42

CYC unless it goes under, could double or treble, but is too much of a gamble for me.

DMP I intend to keep long term - the past 3 year record is very good -
and the fundamentals are very strong. After again improved results the
share price went nowhere cause the stock is unloved, but if the performance
over the next 1 or 2 years continues, it will be at a ridiculusly cheap rating,
if the price does not rise. The stock now has to be worth 33% more than it current value - but then there is no logic in the stockmarket. But unloved
stocks if one wait long enough do full fill their true value eventually.
I don't intend to trade at all in the next 6 months now, too busy elsewhere now.

[substantial wealth] 31/10/2007 09:06

No. Hate RAF, if only your listened to me about BUC at the start! Waiting for CYC to come back as a oil&gas company they sold some of the CWO shares more to go..and there 1 million holding in SWC is relisting on AIM before year-end...pretty hopeful the new oil&gas company will be a serious play..big fortunes!

[guru11] 30/10/2007 19:35

sw - Wasn't one of your tips - RAF? How is that doing?

I got out of BUC on the last rise several months ago, before the name change to was it Cinpart. You can't trust the directors appearing to have interests in BUC and another company of their own working with BUC. BUC has been a jam tomorrow company, and after 3 years still is. I personally can't see BUC going anywhere as if they haven't in 3 years why should they pick up now. The directors have not exactly proved themselves in my eyes at al, a bit like FMJ. One moral is look at the real record and honesty of the directors.

The whole market is choppy, most stocks is like betting on black or red, pure guesswork, with no logic to the market at all or share prices, so it has become difficult to judge direction.

If in doubt about DMP look back at the results !!
No jam tomorrow there, the jam is here today, next thing is for the share price to move, as the price on fundamentals gets better value and even better value.
A prospective pe of under 7 is in anyone's book very good value. -
No hot air here! Just good fundamentals and a proven management structure.

[oscar_de_la_hoya] 30/10/2007 10:11

guru,

Trouble is there are too many wasps circulating the jam pot in my opinion.

The share price is prsently treading water in a choppy millpond, but at least the grass is green on both sides of the fence I am sat on!

[substantial wealth] 30/10/2007 09:34

guru11, What happen BUC?

[guru11] 30/10/2007 09:31

DMP yet again came out with very good results, yet the share price did not move. We are now looking at a pe of under 7, and possibly going lower.
It proves how good management are, when they buy a loss making company and turn it around almost straight away.

After full year results the price could easily go from 14.5p now to 20p.

No dodgy fundamentals here, or jam tomorrow - tomorrow is already here for DMP,
and the jam is flowing now!

Only a matter of time before the share price reflects the good and improving track record.

[guru11] 26/10/2007 10:42

Back to DMP - need to hang on to this gem at least until final results to come through next April 2008, to see the share price rise once again. In the meantime it will no doubt tread water, unless DMP comes out with a trading update, which is more than likely looking at the past RNS's. Last time they did this the share price hit 18p, and now it is even better value so it could now be worth 20p.

[guru11] 23/10/2007 21:57

Rick - All the rapists and murderers from England would not be on the loose in Africa, but in African's prisons paid for by the British Government which must be cheaper than housing them in England. Our prisons are overflow so why not export the accommodation?

I agree though there is no grass greener than at home, especially with DMP. I was surprised that the share price did not rise after recent results, as the growth and momentus in profits keeps going, but the rating does not justify the growth - a pe of 7 - now that is silly!

What will the price be next Christmas 2008 ??

[rick styne] 22/10/2007 23:11

guru,

People should realise that there is no grass greener than 'the green, green, grass of home' imvho.

Dont you agree?


Idiots.

As for Chancellor, to be fair I could see you being the new Darling, really!

Just one small problem though, does Africa really need any more rapists and murderers?

[guru11] 22/10/2007 22:42

The current system does not discriminate between the rich and the poor for vat, nor does council tax either. One is only as rich as one income coming in someone once said - So pensioners may not be rich in income but may be rich asset value, and their percentage income going on council tax could be said to be unfair. Did you know that councils only get 25% of their revenue from council tax? So why not put it on vat, on a tiered rate system, as to how much is that product a necessity or basic. Take diamonds why not have a 25% vat rate, they are not necessary at all. I am all for a fairer State, and to help poor pensioners facing ever increasing council tax bills above inflation. In London the council tax rise is £1 for the council and £3 for mad red Ken Livingstone who thinks we all have deep pockets.

Sorry if I am off the beaten track on DMP - maybe I should be the next Chancellor.

[guru11] 22/10/2007 19:21

Rick - I sure do.
Where is the grass that much greener elsewhere??


The whole stockmarket could well be dull for a time as people have less disposable income nowadays. We must thank Gordan Brown for that with 2p
on petrol.
Here are some ideas -
Why dont the Government introduce a tiered vat system - say on real luxury goods like cars over £50k the vat rate should be 25%.
Why dont the government 'export' our prisoners to serve time - at a cheaper cost - say in Africa, or India.

[rick styne] 22/10/2007 09:50

Absolutely guru,

Some of those that have 'jumped ship' could find they have one trouser leg a little shorter than the other shortly! If you catch my dift, so to speak, if you know what I mean, like.

[guru11] 20/10/2007 22:40

Some investors have left the ship this week, however it is still in calm waters, even though we may not be sailing too fast at present. Speed will pick up in time however.

The grass is not always greener on the other side !
So sellers could be going from out of the frying pan into the fire,
by changing stocks!

[guru11] 16/10/2007 08:58

paulcaine2003a - see what you mean, however it only needs a trading update like last time and we could be back up to 18p.

Cheap unloved stocks general reach true value in time, as long as the management keep achieving better eps figures, which will lead to an even lower pe ratio figure.

Assuming of course as long as there is no unexpected 'black clouds'.

[1ch] 12/10/2007 22:00

paulcaine2003a - I agree totally with what you say, and that DMP could now tread water. .

The next results however will not be until March, or even later as the interims were nearly 2 months later than last year.

However we may not have to wait that long. Why! Remember that DM do give trading updates and the last one after the Chairman bought a further 300k shares, sent the price up to 18p.

The key word here is - 'patience' as DMP is now on a prospective pe ratio of just 7, and with proven management!

[paulcaine2003a] 11/10/2007 17:10

Still looking at investing in DM but don't want to tie up funds in a company that is going to be stagnant for a while. I can't understand why this is so cheap. If its cheap now and there are no investors or vloume, then why will it change before the results?

At this price Im suprised that noone is coming in with an agressive takeover!

[1ch] 08/10/2007 09:34

Investors Chronicle comments were:-

The prospective pe is just 7, which is hardly expensive. Buy

DM CHAIRMAN AND 80 PER CENT shareholder Adrian Williams has certainly pushed out the boat when announcing interims results. There's a presentation and a broker's note to impress new institutional shareholders - and quite right too because DM is a neglected company as the modest share rating indicates. The greatest percentage of sales comes from design, promotion and distribution of scratch cards in television and women's magazine. Everyone is entitled to an award or prize and DM claims to be the market leader. Better margins, however are earned on direct marketing of gamses via the post. They are more expensive to distribute than the game cards but elicit higher response rates. DM is also market leader in this cash-generative sector following the acquisition of the Home Gaming division of Invox a year ago. The third division rents out a database of over 7 million people in the UK, and major financial services customers are Axa and Cornhill. DM wants to agressively expand this business and is in discussions to acquire two more databases. The target market for all three businesses is the B to D socioecomomic groups - A graders don't normally respond.
Blue Oar forecasts that full-year sales will rise from £16.86m to £20.59m while 'normalised' profits advance from £3.52m to £4.25m with earnings up from 1.93p to 2.06p. The 12-month dividend is expected to double to 0.2p a share.

Net assets 5p per share - Net debt 55% - pe ratio 7

There we have it folks - make your own mind up - one to tuck away ?

[guru11] 05/10/2007 10:01

Share prices can be a bit like house prices - flat for ages then wham - take off -
a good example was QXL - which I was in, but not long enough to get the massive rise - flat for ages then wham - a massive take off !

DMP final results now not due until mid March / April time, and as the interims this time around were nearly 2 months later than last year, we could be looking at the end of April. Mind you the company has a habit of coming out with RNS's occasionally so may be this may move the share price before then.

[guru11] 04/10/2007 11:04

I suspect that the IC will have a half page write up in about 3 to 4 weeks time recommending DMP. Looks like it is one to sit on and wait for it to get revalued. Prospective pe ratio now under 7.

For what it is worth - the stock has gone ex-dividend today.

[ntv] 03/10/2007 20:04

interesting stock but don't like all those intangibles propping up the balance sheet
remove them and you have a negative nett asset value
no nett cash as they have biggish debts to pay

[guru11] 03/10/2007 19:53

Bid price up from 14.5p from 14.75p,
so glad to see that it is going the right way.