Dm Share Discussion Threads

[skyracer] 14/9/2009 09:16

Underwhelming results. However market seems to have priced these in already.

Have no issues with the net debt 8Trade or the dividend. Net debt has actually been paid down from £8.09m at the year end to £6.41m now at half year. Cash generating business. Debt could be gone in 18 months, giving prospects of another bumper dividend or MBO sooner if share price doesnt respond.

[plast] 14/9/2009 08:05

profit of 6,5 million should help move this on, well done.

[santangello] 14/9/2009 07:58

'The operations of the Group are well suited to being able to react quickly to
changes in market conditions, which has been well demonstrated by our robust
trading figures, derived from focused actions to concentrate on profit margin
rather than absolute revenue growth, which is achieved by flexing the size of
marketing campaigns where the vast majority of our cost of sales reside.


The Group now has the operational assets which the Board believes will allow DM
to benefit as activity in the direct marketing sector returns to normal. The
Group has a balanced portfolio of activities which have been integrated in such
a way that they support each other, whilst being sufficiently distinct to not be
overly reliant on any one market or set of customers. This has been demonstrated
time and time again with one operation performing strongly when another has been
challenged.


The Group has the management and proven track record to create and maintain a
dominant market position in its chosen sectors and has taken the opportunity to
acquire, integrate and build a stronger Group which is more than a sum of the
parts. This has all been done whilst not losing sight of the day to day needs of
the business to trade profitably in difficult economic times and the ultimate
aim of translating our efforts into shareholder value.


We thank once again all our staff that have worked effectively and tirelessly
towards this goal and the Board is confident of continued progress that will
ultimately improve the Group's ability to generate enhanced shareholder returns
in the future.'

[8trade] 14/9/2009 07:55

"net debt position of 6.41 mil" ???

Why pay a special dividend if it means they end up in debt again.

Yeah it's cheap on what profits/eps it makes but it just does not
appeal to me as a stock that will go anywhere fast.

[jeff h] 06/9/2009 13:26

PDV hired by News International (May 2009):-

News International hires PDV to test online lead generation
LONDON - News International Commercial, a division of News International, is partnering with DM data company PDV to test the revenue potential of the leads generated by NI's websites.

The newspaper group, owner of The Sun, The Times, News of the World and The Sunday Times, is using PDV to test online lead generation on behalf of the media group's advertisers.

The move comes as traditional revenues for newspapers plummet and publishing houses seek to leverage their brands to develop other revenues streams instead.

"NI Commercial [is seeking] to build deeper relationships with its commercial customers by offering innovative ways to tap into the NI audience to generate response and improve cost of sale," the company said in a statement.

David German, NI's director of classified, added: "News International's power brands attract unprecedented customer interaction. Working with PDV we'll be able to gather information about their immediate purchase intentions and introduce sellers to buyers through innovative solutions."

PDV's development director Tony Coad said: "News International has the appetite and enthusiasm to develop new services and revenue streams and continue innovatively to lead the market. With its iconic brands, NI is in a position to address the fast growing sales leads marketplace and to explore risk-sharing relationships."

PDV uses its own network of websites and publishers to generate more than a million pre-qualified and opt-in consumer leads each year.

The firm was acquired by DM plc, parent of data vendor DLG, in March.

[aa29] 04/9/2009 02:02

empirestate - The flaw in your argument is that a chunk of the revenue growth came from DLG and that the uptrend in margin is calculated excluding DLG. If DLG was close to or broke even in H1, we could see growth in overall profit but nowhere near 50%. The benefits should come in over time though, just not as quickly as you hope.

Having looked at the figures again with your and JeffH's comments in mind, you have both persuaded me that I was too pessimistic above so lets revise my target to a profit standstill and hope we'll see some advance.

[empirestate] 03/9/2009 23:35

AA29 Revenues in the second six of 08 improved 44% with an uptrend in the operating margin. i see no reason on a six month comparison basis with the first six of 08 that first six of 09 should not reflect that healthy margin trend and growth in revenues to culminate in a 50% pbt growth

[jeff h] 03/9/2009 15:16

AA29, I will be more interested in the outlook than the H1 figures.

I'm more optimistic than you about DLG:-

"during January 2009, the DLG business performed well and is already approaching breakeven, considerably ahead of the timetable set out in our turnaround plan."

...suggests to me that it will be profitable in H1, but also will benefit the existing business

"The Group expects that combining the Group's existing database activities with DLG, will result in a step change in the Group's highly profitable database products activities."

Anyway we will know shortly how everything is performing.

[aa29] 03/9/2009 12:57

empirestate - where do you get your 50% growth from?

PTP for the first half last year was £1.95m so are you expecting £3m when they announce?

You have a main business cutting back on the number of campaigns it runs due to tougher trading conditions. DLG is likely to have made losses in the first half albeit well reduced, PDV doesn't appear to be hugely profitable if at all (pre acquisition) and the PartyGaming jvs are a toe in the water.

This still appears to be a longer term story and I'll be pleased if first half profit is better than £1.5/1.6m.

[jeff h] 03/9/2009 00:13

Yep empirestate the available stock seems to have dried up and the price moved up accordingly as I suggested.

The results should be fascinating...I wonder how will:-

- the original business
- the 2 acquisitions
- the partygaming jv (since launch)

...be getting on?....not long to wait for all to be revealed!

[empirestate] 02/9/2009 23:48

blmey , an 11k buy on plus moved the price, signs are good. still reckon a 50% growth in pretax is not out of the question

[empirestate] 30/8/2009 23:48

jeff, i could only pick up another 10k too, so hopefully it bodes well. where are those stats!

[jeff h] 28/8/2009 10:26

Mentioned in Partygamings results today. They have got a couple of white label sites up and running.

"We launched their branded service in July 2009 under the 'Glitterball Bingo' and 'Fireball Casino' brands."

The sites are accessible on fireballcasino.com and glitterballbingo.com

Could well be a big moneyspinner in addition to DM's other businesses!

I've added a few 50k blocks recently....surprised so many shares available.

Today however I've only been able to add 10k electronically so it looks as though the supply has dried up and a price rise is on the cards.

[guru11] 20/8/2009 12:54

Another forgotton gem ? Results can't be too far away now surely !

[empirestate] 18/8/2009 16:55

Guru thought stats were thursday for some reason

[pete.b] 18/8/2009 11:38

Cheers Guru,

Quitely confident about this one... Currently refcting on my sale of pxs at 2.7p Doh! Nevermind... Profit is profit.

Time for a Hamlet!

[guru11] 14/8/2009 13:31

Interim results could be next Monday ??

[empirestate] 14/8/2009 11:19

someone got stuffed for that 50k sell at 7.5

[guru11] 13/8/2009 22:25

pete/b -
Agree with you that management does appear to know what they are doing, especially when they buy loss making companies and turn them around almost immediately, even though the share price has not really reflected this. There has been few pockets of news over the last 6 months, but interims are due shortly.

Although the economic climate is poor I believe that with the existing business, PDV together with DLG, that they still will make progress. One would certainly hope - although it has been a long time coming - that the share price will eventually reflect this sooner rather than later.

[pete.b] 13/8/2009 11:35

Hi Guys been a holder of this share for a while and decided to top up today with another 15000... Aynone got any idea where this one is going, it has been a pretty solid share for me so far and I have topped up on gut feeling... The management certainly seem to know what they are doing. Has anyone heard anything on the "grape vine".

[guru11] 11/8/2009 22:48

Certainly a sleeping share price at present.
Maybe we are soon in for a wake up call
and a listing on the top movers board !!!

[guru11] 01/8/2009 22:41

Last years interim results were out on 21 August, so does that mean that we are only 3 weeks away from some news? If PDV actuals were higher than budget, and the suggestion that the growth rate was good, and DLG broke even last January and the existing business is so, so, with the historic pe of 5, then the news should only be positive.

Lets hope that the share price reacts accordingly, maybe up 2 or 3p.

[empirestate] 01/8/2009 16:23

nothing till results guru< i did actually forecast some numbers based on the potential rise in revenues through the aquisitions> i will dig them out n post

[guru11] 30/7/2009 08:14

Must be getting a little nearer to more news soon.