Dori Media Share Discussion Threads

[simon14] 08/3/2007 12:18

FAO silverfern, Im not ramping( you know I dont do that) but you might want to take a look at GENC, note their trading statement a few days ago.

[silverfern] 08/3/2007 09:00

Let's hope we don't decide to sell at the same time!

[simon14] 08/3/2007 08:58

And another 2000 a few moments ago for me.

[silverfern] 08/3/2007 08:44

And that's another 3000 for me at 8.30 - I feel very comfortable (esp as the market d'turn did not impact the price) the update later this month will drive the price to a level that reflects the future prospects. If senior executives are incentivised by stock options they will not be seeing any rewards yet because the pirce is so close to the placing price two years ago.

[silverfern] 07/3/2007 16:45

The AGM on 29th provides the opportunity for a trading update

[simon14] 07/3/2007 11:29

This has the (sweet) smell of something going on. Im in for another 3000 shares.

[nickcduk] 02/3/2007 08:17

Im guessing by the small flurry of buys this morning and the exaggerated price movement that the IC may have written a few nice words about Dori. Seems to be an overhang in the market which has stopped it really moving closer to where it should be.

[nfs] 01/3/2007 23:39

I'm into these now-just such a good story.I have some south american friends-women-and this style of tv is a way of life there.
I see the low rating,the good cash generation,the geographic spread is carrying on apace(always good to reduce risk),the great ratios(gross profit and pbt to revenue)and the variety of sales channels-merchandising,new tv channels etc etc etc and they haven't got going with the internet yet as the market in poorer countries is through TV- and I could go on and on.

A really good story and very detailed releases.The market will be sceptical as the genre isn't here but the beauty of AIM for us is bringing these companies to our shores

[nickcduk] 28/2/2007 11:33

There were some horrible nasty games being played by the MM this morning. They were trying to panic a few sellers by moving the offer as low as they did. Im glad it was in vain as there don't seem to be many sells and only a trickle of buys. Im a bit dissapointed that the roadshow hasn't done anything for the share price. Maybe no one bothered to turn up and hence the muted reaction.

[aleman] 28/2/2007 11:29

That's what we like to see. If that's the best a global correction can do, I think the future looks bright. 2008 p/e 6 and only 4 x cashflow so 120 looks set to be the support level in future.

[nickcduk] 22/2/2007 08:53

Dori are out and about and are meeting institutions tommorrow according to Daniel Stewarts weekly roadshow. Hopefully that will bring a few new ones on board and encourage the existing ones to add to their stake. If they have a good story to tell it should mean we move another leg up from here.

[silverfern] 20/2/2007 15:01

Hello Simon, I owe you a beer! Amazingly this is only now back at the float price. I;m sure management are incentivised to move this on a lot further.

[aleman] 20/2/2007 14:58

Tick up again - stock from big sales cleared out?

[simon14] 20/2/2007 14:22

Everyone happy?? I am.

[scburbs] 20/2/2007 12:25

Moving up again. Very little stock around. I tried to buy 5k and then 2.5k first thing with no joy, still no joy now with TDW.

[scburbs] 20/2/2007 09:47

Thanks Nickcduk, DS's note is interesting. I didn't realise that this spectacular result was after $1.5m of exceptional Indonesian start up costs! This gives a PBT pre-exceptionals of $6,590,000 leading to pre-exceptional eps of $0.27 or just under £0.14. This means, even after this mornings rise, the company trades well under an adjusted P/E of 10 despite good growth prospects. Surely this must move quickly into the £1.50-£2 range.

[aleman] 20/2/2007 08:57

Thanks, nickcduk.

The results take a bit of digesting but profit would have been much higher without all that depreciation, which shows through in the cashflow. Operational cashflow came through at $3.7m but there was a large rise in money owed. Had the trade debts and trade creditors been more in line cashflow would have been more like $8m, which is huge compared with the market cap. I think this trend shows through in DS's forecasts where future cashflows look tremendous with cashflow per share rising to about 30p in 2008 from 13p just reported. I have bought some more but don't have much cash available unfortunately. I find it slightly amusing that they had to give an initial target of 192p since the 230p second target was so out of line with yesterday's share price.

[nickcduk] 20/2/2007 08:25

Excellent results and upgrades from the broker. Should be some big upside over the coming weeks. Heres a link to the updated broker note/forecasts.

[silverfern] 20/2/2007 07:50

EPS of around 11p a share! (21cents) . WHat I like about the revenue model is that further sales of TV series only draw small commission costs, core costs being covered by core sales. They have found a growing niche and are set IMHO to grow faster in the next year than in the one just gone as demand for these programmes is growing. With a current p/e of 9 the prospective p/e makes this look very attractive

Posted a while back but well worth a look to newbies:
go to investor relations and d'load the rpesentation

[scburbs] 20/2/2007 07:45

Full Year 2006 - Dori Media's strongest annual results ever

-- Group Revenue up 69% to US$20.4 million (US$12.1 million)

-- Gross Profit up 105% to US$15 million (US$7.3 million)

-- Operating Profit up 170% to US$5.4 million (US$2 million)

-- EBITDA up 123% to US$8.7 million (US$3.9 million)

-- Profit before taxes on income increased by 204% to US$5.1 million
(US$1.68 million)

-- Strong increase in Net Profit up 152% to US$4.1 million (US$1.63
million)

-- Net Cash inflow from operating activities is up from US$0.04 million Net
Cash outflow in 2005 to US$3.74 million Net Cash inflow in 2006.

[silverfern] 20/2/2007 07:40

Any sign of the RnS?

[scburbs] 20/2/2007 07:36

EPS exceeds revised expectations by c.15% plus a strong outlook statement. These should do well today.

[aleman] 19/2/2007 22:00

A BBC deal could raise the profile a little.



MEDIA
Telenovelas are the current flavour du jour in TV Land and Dori Media Group, the Israeli-based Aim-listed producer of Latin American favourite Rebelde Way, could be quids in. Higher-than-expected profits are predicted and the BBC is interested in commissioning a novela. The shares could soon reach their 118p float price.

[scburbs] 19/2/2007 21:31

My calculations suggest that DMG will be on a P/E of 10, so if growth is expected next year they should do well.

P/E calculated as:

PBT $4.5m
Tax -$0.8m (effective tax rate 18.5% per interims)
PAT $3.7m
Shares 20m
EPS $0.185 or 9.5p giving a current P/E of 10.

Rather a harsh rating given how well they have performed. If that is set to continue there should be 50-100% upside from here.

[silverfern] 19/2/2007 15:23

"It would help if he could occasionally rememeber our address" was on one of my school reports