Domino Printing Sciences Share Discussion Threads

[artful investor] 18/5/2001 10:50

Quite agree, especially the list of the company's achievements on the website are very impressive. The stock looks undervalued, but as it is quite a volatile small-cap stock, you have to watchout that price doesn't suddenly fall back the other way.

[jackrussel] 18/5/2001 10:14

This company has been sold off recently by instutional holders and is now in bargain territory IMHO.

The world leader in inkjet coding and marking ( the kind used for best before and price data on virtually all retail products )and also for lottery numbers etc which appear in a dotted form on certain newspapers.
They are also active in laser coding which is used primarily for component marking.
Their excellent website is at

A well established worldwide network of subsidiaries and distributors is being increased by recent buyouts.
See

A recent purchase of a laser company may give them a significant market edge in 12+ months by virtue of higher performance speeds of their products.
See
Laser company website at

With a reasonable yield and a current pe of 13 these may well be worth tucking away in the ISA for a few years on any pullback.

Currently sitting in support region at 140, I managed to get in at 110 earlier this week on the massive drop during instutional selling, not posted at the time as I felt it was a very risky move, instutions were still selling 200K blocks.

[jackrussel] 18/5/2001 10:11

This company has been sold off recently by instutional holders and is now in bargain territory IMHO.

The world leader in inkjet coding and marking ( the kind used for best before and price data on virtually all retail products )and also for lottery numbers etc which appear in a dotted form on certain newspapers.
They are also active in laser coding which is used primarily for component marking.
Their excellent website is at

A well established worldwide network of subsidiaries and distributors is being increased by recent buyouts.
See

A recent purchase of a laser company may give them a significant market edge in 12+ months by virtue of higher performance speeds of their products.
See
Laser company website at

With a reasonable yield and a current pe of 13 these may well be worth tucking away in the ISA for a few years on any pullback.

Currently sitting in support region at 140, I managed to get in at 110 earlier this week on the massive drop during instutional selling, not posted at the time as I felt it was a very risky move, instutions were still selling 200K blocks.

[acorn1] 17/5/2001 07:05

Anyone heard of this company for a defensive med term recovery play?


Its been hit by the bear like many stocks and this seems to me to be sound fundimentaly with good PE ect. This an exerpt from recent RNS:


Domino continues to enjoy an excellent reputation for the quality and
reliability of its product range with its customers across the range of market
segments to which it sells. The Company continues to invest significantly in
product development and innovation to maintain strong product leadership in our
industry.
The Company will shortly be announcing its results for the six months ended
30th April, 2001. These will show gains in sales, earnings and earnings per
share compared with the comparable period last year.



TA: Tuesday saw a massive hammer on very high volume and high volatility, followed by another day of high volume, yesterday it gapped up and flew 11%, it closed above its 140 resistance which will now hopefully become support. As 140 could now become a tight stop it may be an idea for even a short term play, (careful of the spread tho.)


Given the good fundis and hopefully (?hmmm) good chart, now may be one to watch, early bird catches the worm type of thing.

[reetus] 16/5/2001 00:12

can't see any reason behind recent fall either. Maybe yesterday's trading update helped to put the record straight and appears to have moved the price northwars again.

[lostthelot] 14/5/2001 13:25

Does anybody have any idea why the 10% drop despite relatively small volumes?

This seems like a good company and I can't see any reason behind this fall.

[quidzinn] 14/5/2001 11:33

Buzz - I hope you waited 'til 11:00 today !

I just bought 10,000 @ 105p (it's showing as a ? trade). I visited the company around three years ago to quote for the stainless steel housings that they use for their printers. Didn't get the contract but was most impressed with the product and the company.

Good Luck

Q

[2911957] 10/5/2001 22:35

Hello I have been in the printing trade for 28 years and I know this stock is cheap, will buy 5K worth this week.


buzz

[artful investor] 04/5/2001 11:23

Totally agree with you. Looks cheap whem you compare it with Linx Printing Technologies (LPT), as they appear to be both in the same line of business.

[punter99] 04/5/2001 09:39

Surprised to find no discussion on this interesting stock.

Consistent strong growth, modest p/e, strong market position, global coverage insulates from weakness in any one area, leading technology, expanding into related technologies etc. Caught up in tech malaise of late and now looking cheap.

Announcement today most interesting:

Any thoughts?

------------------

LONDON (AFX) - Domino Printing Sciences PLC said it reached agreement with
German company Sator Laser GmbH to initially subscribe for an initial 26 pct of
the shares in the stated capital of Sator and to acquire a further 25 pct after
Jan 1 2002. The agreement also contains various put and call options over the
remaining 49 pct of shares in Sator, Domino said.
Sator develops and manufactures laser marking products that are used to mark
alpha-numeric characters, bar-codes and graphics onto a wide range of items
including cardboard cartons, paper labels, polyethylene bottles and metal tubes.
The current customers of Sator include leading companies from the
pharmaceutical, cosmetic and food industries.
The net assets of Sator as at Dec 31 were valued at 218,702 stg and in the
year to that date, Sator made a loss of 138,891 stg.
Under the agreement, Domino will become the worldwide distributor of a range
of Sator's laser marking equipment. Sator and Domino will also commence a joint
product development programme that will combine the core laser technologies of
the two companies, Domino said.
The first new products developed under the joint development programme are
expected to be available in 2002.
The consideration payable for the initial stake is 1.91 mln stg and 2.87
mln for the subsequent 26 pct stake, plus a variable element, capped at 1.91
mln, based on Sator's sales performance in the year to Dec 31 2001, Domino said.
In addition, Domino has committed to invest up to a further 2.87 mln stg in
Sator within one year from now.
The agreement contains a put option -- exercisable between May 1, 2004, and
April 30, 2009 --, under which Domino may be required to purchase the remaining
49 pct of Sator for up to 19.11 mln stg.
The agreement also contains a call option for the remaining shares for up to
19.11 mln which is exercisable between 2003 and 2009, Domino added.