Dowlais Share Discussion Threads

[prince7652] 24/4/2023 15:26

130 now What's not to like

[tenapen] 21/4/2023 17:34

I can imagine finding a valuation for both companies after the split will be difficult.

As with the other hydrogen / fuel cell companies I am buying the future as sales do not come close to valuation at present ! One day !.


This is taken from a recent PM - RNS so it looks like GKN Hydrogen are doing fine .... More orders than many

Quote; Taking into account previous orders, GKN Hydrogen has now ordered 46 "HyModule® S8" hydrogen fuel cell systems in total from Proton Motor. While there can be no certainty, the Board of Proton Motor expects to receive further orders as GKN Hydrogen continues to integrate the Company's technology in its "HY2" energy systems.

[jonwig] 21/4/2023 16:47

tenapen - will look.

As it stands, I'm finding it too hard to value, but I've seen the hydrogen subsidiaries.

[tenapen] 21/4/2023 15:42

Thanks for starting this thread jonwig.

Not wishing to promote another company, but would it be good information to add Proton Motor in the header ?. GKN Hydrogen buy thier fuel cells from PM. Information for anyone wanting to hedge.

No problems if you decide Not.

[jonwig] 21/4/2023 12:20

It's hard work figuring out what the accounts mean. Their auditors say:

This Carve-out Historical Financial Information
may not be indicative of the Group’s financial
performance and does not necessarily reflect
what its results of operations, financial
position and cash flows would have been
had the Group operated as an independent
group during the periods presented

And the balance sheet as presented is pretty poor. The statement

At 31 December 2022, the Group was owed more
than £650 million by non-Group entities
owned by the Ultimate Parent,

is odd, in that I can't find the relevant asset in the balance sheet.

[yertiz] 21/4/2023 09:53

Looking forward to the ride. Already up 10% or more since the shackles were removed and Dowlais became a free(ish) entity.

[steeplejack] 21/4/2023 09:07

https://www.dowlais.com/investors/

[jonwig] 21/4/2023 08:34

More information to follow.

Early indications that this is not a buy .

[martest] 11/9/2008 11:44

The name has now changed to ALTITUDE;Ticker ALT.There is no current thread there Why??

[martest] 11/9/2008 11:43

Chairman Martin Varley who is the largest shareholder in this small company continues even in these difficult times to buy 100000 shares at 171/2p He can only hold another 700,000 IN HIS OWN NAME before having to make a bid for the whole company.INTERESTING??

[martest] 03/6/2008 18:29

Chairman buys nearly1m shares and holds 26% of co.Something good afoot or maybe trying to buy the company on the cheap.Maybe 4 imprint been sniffing around?

[martest] 07/5/2008 16:36

there must be something decent afoot then for the share price to rise 24%.MMs are trying to find some shares from somewhere as there are no loose floaters.

[handsome] 30/4/2008 00:27

been following this share for a while - but never bought as I am always concerned when directors buy small amounts of shares to "look good" when they already hold large chunks - such as the two directors Willis + Varley.
To me that just trying to ramp up the share price.

Think the share price is telling us how the company is doing!

[puku] 17/4/2006 11:32

2005 eps was 3.24 giving historic pe of 16 at 52p. The new acquisitions and link up with ecompany in Us should generate strong growth. I like this long term.

[a0148009] 17/1/2006 10:10

WJCCGHCC

Forecast 2005 T/O 20m Pretax 1.2 EPS 3.1p 2006 T/O 23m Pretax 2.1m EPS 3.9p. They will continue to acquire and believe these to be conservative figures. Hope this helps DYOR.

[wjccghcc] 17/1/2006 08:27

Anyone got a brokers forecast?

Thanks.

[a0148009] 17/1/2006 08:17

Very good maiden trading statement - continuing acquisition policy and USA tie up looks attractive - delivering on what they promised in prospectus.

[a0148009] 28/11/2005 11:29

Good to see a post on this Placing.I have a sizeable holding which I bought on first day dealings. This is one for the medium term, 2 - 3 years. There is a strong management team in place formerly involved in the development of 4imprint
the board are very focused and are seeking to build turnover to £100m over the next 3 years or so by acquisition and organic growth. The market is still fragmented with a number of small players that can be consolidated. The company has a sound client list of FTSE and SME co's. The shares came to the market at 36p about 9.5x 2006 earnings the market average is between 14 - 15x. earnings for their peers. There were no sales of shares by the directors in the placing the £4.5m raised was new money to finance growth of the business by acquisition and organic growth.Have high expectations of substantial gains on this one.

[martest] 27/11/2005 20:44

Dowlis have had an impressive start as a public company.starting 2 weeks ago the shares have been sought after and have strong.They appear to be trading strongly and well managed.Key management having worked with FOUR IMPRINT took time out and started trading themselves.They understand the business and are trading profitably.DYOR but given 12months time there is a good increase in share price waiting.Good Luck to all investors.

[cezary] 24/11/2005 14:58

Dowlis Corporate Solutions plc is a marketing solutions group focused on
creative marketing solutions including the use of Promotional
Merchandise to support wider marketing strategies, and generate client
goodwill.

* The Group's strategy is to create a leading integrated marketing services
and support group organically and by acquisition.

* The Group currently retains over 1,000 customers, ranging from large
corporates to SMEs.

* Dowlis has an experienced Board with extensive plc and marketing services
experience.

* For the 9 month period ended 30 June 2005, Dowlis had a turnover of #15.7m
and is profitable.

* The Directors believe that the most directly comparable quoted companies
are 4imprint Group plc, Media Square plc and Tarsus Group plc.

* The Company has received provisional approval from HM Revenue & Customs
that the Placing Shares are capable of being a "qualifying holding" for
the purpose of investment by VCT and will rank as eligible for the purpose
of EIS.