Dmatek Ld Share Discussion Threads

[elmfield] 30/12/2008 08:09

wonder if that is a real possible outcome, when you read about the increased use of tagging in USA THIS MUST STILL BE GREAT VALUE TO other groups,
all just my own view.
heads we win tails we win, (:-

[napoleon 14th] 30/12/2008 07:59

Hmmmm....

Cheap take out price indeed, but in view of the rest of the market, not a silly offer.
I'm under no pressure at all, so will wait. 280p looks more like fair value.
Counterbid not impossible.

Obviously going to be taken out i, the end, & no point trying to stay in afterwards as the shares will be unsaleable to anyone other than Fransisco, & at THEIR price.

I suggest Carclo as a possible alternative once this goes thru'.

[elmfield] 29/12/2008 19:40

come on give us 265, you know we are worth it and still leaves plenty for the buyer..

[eagle eye] 29/12/2008 19:30

EPS forecasts for 2008/09 are 29.5c and 36c (from memory)
At $1.50/£ this equates to 20p and 24p.
So the exit PER is x11 historic and x9 prospective.
The offer is far from generous, but at 215p, is 50% up on yesterday's 143p.
I would have said a forward PER of 12 would have reflected longer term prospects of the business, giving a target price of 288p.
Best Wishes to all DTK shareholders
EE

[gerdmuller] 29/12/2008 19:17

Below is what I wrote on Oct 31 about the LMS bid and not a lot has changed as far as I can see.


"Interesting how this price of £2 first got into the public domain and now everyone seems to be seeing it as a fair price when before they would probably be saying this undervalues the company.

They would be buying the co on a pe of about 12 when eps growth was 60 percent. Is that really such a good deal for investors or just opportunistic?

I know markets are dire but that will not always be the case and if a rally eventually comes it could be quite sharp.

I suppose if they did come up with a price of £2.10 everyone would be jumping for joy.

All this growth should not be sold on the cheap".

[glluckett2] 29/12/2008 19:06

I am a small shareholder in DTK and at 215p will show a profit on my investment of 81% and so I am in no way disappointed.
However, in March 2000 the DTK share price got up to 330+p. At this time the published t/o was £6.3m, the eps 6.2p and the profit £1.05m.
The forecast t/o for 2008 is £31m, the eps 16.77p and profit £4.43m.
Is 215p therefor a good offer? Or am I being naive ?

[elmfield] 29/12/2008 18:14

agree, looking for 265p, that would get my vote.

[funchalman] 29/12/2008 17:28

well this is one way of clearing the christmas hangover!
a fair price?each individual will have his own view on that, depending on what they paid for their shares.this is a done deal unless someone else comes out of the woodwork and offers a higher price.as my sipp is about 85 percent dmatek shares and the missus sipp 100 percent dmatek i will be voting yes(that is if nominee accounts get a vote)and i will wait for the £2.15 that will give me time to think and not rush into any rash purchases.funnily enough having so much tied up in dmatek did not give me sleepless nights.
just hope another bidder comes forward as £2.15 is a real bargain as the trading update due about 20th jan will show.

[elmfield] 29/12/2008 16:31

BETTER DAY ALL ROUND,
I will be waiting for possible counter bid!

[spaceparallax] 29/12/2008 12:50

The 215p price is IMHO a fair deal, given the current economic climate.

[elmfield] 29/12/2008 12:22

I might contact the company and see if we will be able to carry our stakes forward, might be well worth it as this lot buying us know their stuff, just as we do!!

[sammu] 29/12/2008 12:14

I don't see a counter bid as that likely, neither does the market. 215p is a well measured price in these markets. (The exchange rate helps the purchaser as well.)

I see the management have been correctly incentivised.

It looks like this will end my 10 years and a bit as a shareholder of DTK, and give me three months to try to find as good a company as DTK to recycle the proceeds into.

Nice elms.

Sam

[gerdmuller] 29/12/2008 12:05

Purchase price means they are buying this on pe of about 12 and peg of 0.2. Crazy days but great for those with the cash to exploit this market madness.

At this price my portfolio is actually in profit for the year which in itself is amazing. But as the saying goes the more you practise the luckier you get.

At least I can now go and have sopa de pollo, rosada con patatas and crema catalana for €7.5 (about £350 in UK sterling after today's fall) and be able to afford it.

[carroll] 29/12/2008 10:55

May very well sail to, or past the 315p spike of some years back; time will tell.What i can say is that the wait wont be too long and that DTK is much stronger. No ramp intended. Happy new year to all holders.

[rivaldo] 29/12/2008 10:47

Merry Xmas Cambo :o)) Excellent stuff - a 75% or so profit is not to be sneezed at in these markets. Bring on a counter-bidder....

[jlwilliams] 29/12/2008 10:41

Well, well. I paid 215 for these.....

[zipstuck] 29/12/2008 09:05

I'm Waiting

[cambium] 29/12/2008 09:02

Merry Christmas to one and all :o)

[wjccghcc] 29/12/2008 08:53

Nice late Christmas present.

[elmfield] 29/12/2008 08:42

the party taking dtk know what they are doing and you can be sure that they will be making money on this one! takes political risk out and therefore makes DTK cheap at 215, hmm will be giving this a lot of thought.

[renegade master] 29/12/2008 08:18

yes..think it might be worth waiting on this one, happy to take the full 215 rather than take profits now.

[elmfield] 29/12/2008 08:04

will some one counter, doubt it but in these markets I will go with 215p.

[renegade master] 29/12/2008 08:03

congratulations to all holders, a nice Xmas present for all of us here.. well done to Elmfield and all others who saw the value