Dci Advisors Share Discussion Threads

[qs99] 05/1/2017 10:07

looking good for 10p shortly IMO

[runwaypaul] 05/1/2017 09:25

nearly bagged from 5.7.....

[spectoacc] 04/1/2017 12:49

In the spread at least! Had a go at a quote on it yesterday & MMs wanted full 9p offer (8.33p to sell), so is a tight market (albeit one being killed by the spread).

[qs99] 04/1/2017 12:20

nice little tick up....

[tiltonboy] 30/12/2016 09:50

Yes, having a good starting price is always helpful...lol...

I did buy a few cheap ones, but my average is still close to 20p, which if all went optimally, I could possibly get my money back, but rather than dwell on what I paid, I have to judge what I think is achievable now, and over what timeframe.

My inclination is that a range of 12-15p is more likely as I think they will struggle to sell some of the assets, but may fare a little better with the main assets.

Hopefully the process will not take as long as intimated.

[qs99] 30/12/2016 08:49

Ah ok sorry titonboy

Good luck with this one, I'm in from start of recent uptick so perhaps some rose tinted glasses being applied, but management are incentivised now to perform to a much higher level IMO linked to returns to shareholders so let's hope they are decent at their job and get the share price to double from here!

HNY

[spectoacc] 30/12/2016 08:44

BTEM probably feeling the same. I've the advantage of being in below 8p, tempered by having previously lost on DCI about 7 years ago. Think I'll use some mental accounting to ignore the earlier loss ;)

[tiltonboy] 30/12/2016 08:16

QS99,

The stated NAV at the last year end was higher than that, but the company have recently updated their forecast of returns to shareholders, and they are in the range I mentioned previously.

I have long been sceptical of the quoted NAV, and the new fee arrangement leaves a sour taste, as I am in a lot higher than the current price.

It's about recouping what I can from a poor investment.

[qs99] 30/12/2016 08:11

Thought NAV was higher than 22p at moment? But would be happy with north of 15!

Let's hope they continue the good news flow

GLa

[tiltonboy] 29/12/2016 13:59

The directors are forecasting a return to shareholders of between 12.7p - 22p over the next three years. Let's hope they can sell all of the assets for a decent price!

[qs99] 29/12/2016 13:06

hence me staying in DCI,....not without risk I get that....

[spectoacc] 29/12/2016 13:05

The other good reason to sell is - is there a better home for the money? Have to say there's not a lot catching my eye atm. Not so much that everything's fully valued, but that there's not a lot around that seems "cheap".

[qs99] 29/12/2016 12:51

a profit is not a profit until banked mate....so well done! however, with NAV 3 X higher than this (DYOR) and with management newly incentivised to get realisations materially above today's SP, I am holding on for 15p++ all IMO, but today's rise is a nice continuance of the move towards breakout and 10p and beyond...IMO

[spectoacc] 29/12/2016 12:43

Can't go bust taking a profit, well done. In for the long(er) term myself, I seem to always regret selling things (& sometimes buying them too of course).

[tiltonboy] 29/12/2016 12:23

maytrees,

Well done. It's going to be a long, hard haul, and there may be opportunities to get back in along the way.

[maytrees] 29/12/2016 12:18

Took my profit

Good luck all.

[tiltonboy] 29/12/2016 12:16

That's more like it. Hopefully the forerunner of some news.

[spectoacc] 28/12/2016 14:40

Hard to see much downside from here - but then this is DCI, so who knows!

[maytrees] 28/12/2016 14:32

Slight uptick today- so far at least.

[tiltonboy] 28/12/2016 14:28

Very much depends on newsflow on disposals. Hopefully a continued drift up. I just hope that the managers try a little harder than trying to achieve 50% of book!

[qs99] 28/12/2016 14:24

Where to in 2017 then?

[qs99] 20/12/2016 14:23

Thought the EGM resolution may have brought a positive uptick... May have to wait for next news flow

[maytrees] 15/12/2016 09:33

Greetings tiltonboy and tx

You certainly answered though the rationale remains I fear a matter for the pros - not I!