excuse the earlier typo, very bullish. Expecting all small caps to recover nicely. Pockets of carefully selected stocks and a few of SCSW recomendations being doing that over the last month aswell, good, DOT, BOWL, and few others, even the big bank caps responding. This latest inflation news will propell everything. If the NASDAQ carries on it's tear, EVERYTHING else will. This is a great day for shareholders for sure |
UK markets up, US pre market up, bulls are out in force chaps! |
absolutely glorious news on inflation. Great for everyone holding stocks! fingers crossed that this is a beginning of a nice bear market |
not a bad start to the day either. |
Yump tend to agree with that. I'm in this one and intend to hold long term, which I believe will reward patient shareholders. |
I'm holding these after buying late last year, but imo it will need something significant to get it over 100p, as that is around a p/e of 20. Its fallen a long way but the peaks were giving it a massive rating. All depends what rating this level of recurring revenue is worth really.
Sit on hands, have a look in 2 yrs I reckon. Some stocks just grow reliably with no sparks. |
fantastic returns on this and a few SCSW recomdations lately, still a long way to go. Good Enery worth a look too, not too late to get in on that one imo, due your own due dilligence. |
nice to see this waking up over last few days. Another strong SCSW recommendation ! |
It looks like the overhang is cleared. At least for now. |
They certainly owned c5% a couple of years ago |
That is what the RNS implies but my Stockopedia dashboard says Slater Investments already owned 5.27%. However (!), the institutional ownership data on Stockopedia can sometimes be inaccurate. Hence my confusion. :-) |
An increase from zero, if the RNS is correct. |
Does anyone understand the context to that last Company Holdings RNS? Slater Investments now holds 4.87%. Is that a reduction on his former holding or an increase? A reduction would make sense as clearly a fund has been selling DOTD shares recently to pay for redemptions. At least that's my working assumption. |
4x revenue seems good to me with 93% repeating.
Dotd have a lot of cash sloshing around - as long as the acquisition adds to earnings, its a decent use of cash. Quite a high multiple of apparent earnings but if they’re reliable… |
25milllion...company's house shows 2.4 million cash, debtors along with 2.3 million loss.Also has US holdings that have bigger creditors than debtors Plus Co owes directors over 200kWonder how 25 million was judged good value?Any thoughts |
Well if there is a best time for a business on the lookout for acquisitions, to have cash, this must be close. The small cap market has pretty depressed valuations.
The other side of that is that some pretty good businesses will get taken out by PE - especially those with reliable revenue. |
Their own rating (on a somewhat currently depressed sp) is about 3.5x. If the acquired business has similar characteristics it may well be valued with a similar ratio. |
4x revenue for 93% repeat revenue doesn’t sound too shabby.
Depends on whether you think they’re building a business or just on a size ego-trip. |
That sounds expensive. Earnings enhancing in two years, seems we’ve taken the risk. |
Paying £25m for £6m revenue ????? |
Ask and you shall receive. :-)) |
I was a long time holder here until a short while ago, when I finally sold. For me, there's better fish to fry at the moment. That said, I think sailorsam is right, it's a great business - trouble is it may suffer for a long time yet owing to the overhang of the boom/bust it had post-Covid. What would really be a game changer is a cracking acquisition with the £50m-odd cash pile - not just gobbling up a competitor, but something that really enhances or transforms the DOTD offering - but does such a business exist? Maybe an AI company to support their recent enhancements? Anyway at this level they must be a sound long term pick, especially if annual growth of 10pc continues. Might need to watch for the renewal of Magento next year - it was only renewed for 2 years last time round, whereas I think it had been a 3 year thing the time before that. Good luck all. |
SCSW seems to have quite a few duffers at the moment including one share that has been suspended. |
Really? So why has the share price gone from over £2.50 to 85p. I bought @ 89p after the SCSW rec but irs looking like one of their duffers. |
Double digit revenue growth and 50m+ in cash. Great business |
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