Dowgate Capital Share Discussion Threads

[propane] 20/4/2009 11:16

so if you're not a holder anymore why are you posting here?

[yohoho] 20/4/2009 11:12

post 529 0n your favourite stock's board confirms this.

[propane] 20/4/2009 10:56

so you've sold up then yohoho?

[yohoho] 20/4/2009 10:52

Did you? Apparently not therefore.

[propane] 20/4/2009 10:33

yohoho, that's what i said in an earlier post, cant you think for yourself?

[yohoho] 20/4/2009 10:29

I would be selling whilst the price is artificially high! Yes, perhaps the bid, (if it materialises) may come at a slight improvement from here, but if it doesnt then the stock is 2-3p in a heartbeat.

[dionis] 18/4/2009 00:14

Yohoho, what would you do if you were him?

[brad44] 17/4/2009 21:22

wheres chelwood when you need him!

[propane] 17/4/2009 08:48

ww, it's dgt you need to be talking to, write or call and demand answers.

[whitewestie] 17/4/2009 08:46

If the assets of 2.31 million are gone we have to be told where and why.

bonuses, wages and pure incompetence i suspect.

they must show us some figures ( results now )

[davidosh] 16/4/2009 22:55

This was just seven months ago...

Net assets totalled £5.59 million
compared to £5.55 million at 30 June 2007. Net current assets totalled £2.31
million (2007: £2.48 million).

Dividend

The Board is confident in the Group's prospects and has therefore decided to
pay an interim dividend of 0.2p per share (2007: 0.4p). The reduction compared
to last year reflects the Board's caution given adverse market conditions and
the cost of establishing the City based broking team. The dividend will be paid
on 10 November 2008 to shareholders on the register on 10 October 2008.

Share buy backs

With the further decline in our share price and believing the Group to be
undervalued, we have continued to purchase our own shares in the market with a
total of 1,245,000 having been purchased to date. These shares are being held
in Treasury and are therefore capable of issue in the future. Subject to cash
resources being sufficient, this policy will be continued.



Have the assets been destroyed so much that a bidder can give little more than 40p in the pound ?

[whitewestie] 16/4/2009 22:32

yohoho,

if so where has all the money gone?

you have a job to do any research if they never say anything or publish the results when they should, its very difficult to find out anything unless you are in the know or know someone who is. info is very thin on the ground.

[yohoho] 16/4/2009 22:30

Tips suggesting a bid at 7.5 imminent.

[yohoho] 16/4/2009 22:18

My point WW is that I believe their revenue position is now extremely poor and that they are desperate for business. However DYOR etc......

[yohoho] 16/4/2009 22:01

Davidosh, from anecdotal evidence it has yes. Won't say more but have been surprised what I have heard.

[davidosh] 16/4/2009 19:39

Just six months ago Dowgate were mad keen to buyback shares at 10p. As many as they could get their hands on even gaining permission to do so during a closed period which is very rare.

Why would directors want a bid anywhere near 6p ? Has all the cash and value of the business disappeared ? They paid more for Seymour Pierce alone surely ?

No results and no AGM ? How can shareholders consider an offer without knowing the financial position at least to December ? Shareholders deserve explanations and an understanding of what has happened here and who has taken all that cash away IMO !!

[lr4850] 16/4/2009 19:34

TIDMDGT TIDMBLUE

Dowgate Capital PLC / Ticker: DGT / Index: AIM / Sector: Finance

16 April 2009

Dowgate Capital PLC (the 'Company' or 'Dowgate')

Possible Offer

Dowgate Capital PLC, the AIM quoted financial services group focused on small
companies, notes the announcement released by Blue Oar plc this morning
regarding its purchase of shares and possible offer for the Company. The
@rse Reamers of Dowgate are currently considering the best course of action to
take for the benefit of the @rse reamer Directors and will make a further announcement in due course once the @rse numbness has subsided.

* * ENDS * *


For further information please visit www.dowgatecapital.co.uk or contact:

Tony Rawlinson, @rse Reamer Dowgate Capital PLC Tel: [phone]

Neil Badger, Director Badger Reamer Dowgate Capital PLC Tel: [phone]

Philip Secrett / Colin Grant Thornton Corporate Tel: [phone]
Aaronson @rse reamers cohorts Finance

Isabel Crossley / Chris St Brides Media & Finance Tel: [phone]
Welsh



END

[propane] 16/4/2009 18:04

lol...........



16 April 2009

Dowgate Capital PLC (the 'Company' or 'Dowgate')

Possible Offer

Dowgate Capital PLC, the AIM quoted financial services group focused on small
companies, notes the announcement released by Blue Oar plc this morning
regarding its purchase of shares and possible offer for the Company. The
Directors of Dowgate are currently considering the best course of action to
take for the benefit of all stakeholders and will make a further announcement
in due course.

[davidosh] 16/4/2009 17:37

Just found this one....


The Board of Dowgate Capital plc (the "Company") has received notification that
as a result of an acquisition of ordinary shares in the Company on 13 November
2008, Peter Webb and related parties hold 2,071,896 ordinary shares in the
Company, representing approximately 5.25 per cent. of the Company's issued
share capital.


He must have paid around 5.5p for those so no great deal there. I wonder if he was just holding awaiting a deal.

[yohoho] 16/4/2009 17:19

Davidosh - no more than 3p. From the latest RNS looks like they are about to concede.