You're not the only one Brucie! I watched this one for ages and it got away from me (even more annoying as i understand their product very well as the company i work for uses a competitors product very extensively and we rely on it). |
Great breakout and I evidently sat on my hands too long! |
If DOTD is to be acquired, price premium should be more than 100% as the company has £50 million cash, recurring revenue of 94% and profit margin of 20%. |
This area with its number of small players is ripe for consolidation - acquire or be acquired.
It has an accumulated cash pile making it well able to do the former or would look a juicy target at the right price. I am slightly surprised that this has not already happened, presumably because potential participants are waiting for the recent murky outlook to clear.
I have considered that the depressed price of the past year over-discounted the future difficulties and acted accordingly.
My earlier target was ~120p but may need to re-evaluate as it approaches. |
Great to see share price at 110p, could it become a takeover target ? |
Looking good for 100 today! Will continue to hold as a fundamentally strong company with a nice looking chart at the moment.
B |
I think it could hit 100p by end of Friday. |
If we can break out over the 100p and consolidate , then there is a nice gap to fill -->150p ... |
Price went up by 5% with volume of 1 million shares transacted. Good signs! |
Agreed Batty |
Good to see this ticking up at last. I purchased on recent TU as company metrics look very sound.
B |
Brucie5
There's a gloom overhang I think. |
..Yet reluctant to break back up over the £1 threshold. Nor even to threaten to do so. I wonder why the market is so indifferent? |
SUPERB UPDATE |
dotDigital Group plc Trading Update and Notice of Results |
And that cash pile is becoming quite massive - at nearly £50m it's going to lead to something sooner or later. |
Wow - that TU was earlier than expected! But I'm not complaining, and all seems to be going well.. |
Not really, not yet. This is the 4th time it's surmounted the 200ma in last six months. But I notice a very similar chart set up with GAMA and somehow wouldn't be surprised if they rise together. Both recovery stories well covered in tip sheets and assorted metrics and looking poised... to recover. |
Thanks - a stronger response than some other tips have produced recently and I hope the effect holds.
I concluded after the last guidance and results that this was probably undervalued and acted accordingly. Several other posters above expressing similar views will feel suitably vindicated, so pleased for you all. |
Main tip in SCSW. |
Something not quite normal this morning.
Does anyone have an explanation? |
Although not particularly large, yesterday's director buy was significant I think, being by the (new) CFO, and being around the upper end of the share's price range for the last 9 months. He's obviously aware of the very latest figures, which gives him a clear view of progress since end of year results (30 June). Bodes well for the new year. |
A nice steady upward creep - probably preferable to a spike which could encourage sellers and short term traders. |
Liontrust confident to increase their holding to 18.2%. |
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