Dp Eurasia N.v Share Discussion Threads

[microscope] 18/2/2021 22:36

Owe you a large one, Hybrasil, thank you for mentioning this in the TLY thread. Bought just under 48p last week, fortuitously sold at 78p today. (I know, bloody traders lol). ....If any comfort, looking to get back in as an investment next time! I'm actually not a trader normally, but the rise was too good to pass on.

[spectoacc] 18/2/2021 11:43

Good call averagers, the best I've done is not sell any :)

[spursspurs] 18/2/2021 09:10

Looks very good here, great opportunity for a £1 short term ish and then £2 hopefully this year :)

[hybrasil] 18/2/2021 09:02

bought a few more this morning.

[hybrasil] 18/2/2021 08:36

I started to get excited about this at 45p. Since then we have had a 30% price rise and virtually no sellers.
Even at £1 it’s only half of the flotation price. How lonn will it take to get there

I was very impressed with their attitude to the Russian loan. They said if they needed to they could pay it all off without any impact on the business.

Still as a shareholder the price per outlet is tiny. A little more than £80k

Now I know thing in Turkey are cheap!

[hybrasil] 17/2/2021 16:20

Have some TCAP but didn't foolishly take up my rights

[spursspurs] 17/2/2021 16:12

yes me 2 as agree, have also topped up on TCAP as see them moving to £3 soonish :)

[hybrasil] 17/2/2021 15:59

bought a few more today. What do they say "the trend is your friend"

[hybrasil] 16/2/2021 17:05

The price rises and the volume traded goes through the roof

[hybrasil] 16/2/2021 14:30

Specto
The step change is long overdue. They are 200 stores more now than when they floated in 2017 and the share price if it were to reflect that on the flotation price should be at least £3.

I think there is serious potential here

[spursspurs] 16/2/2021 13:41

Looks interesting, hopefully the £ is not too far away :)

[spectoacc] 16/2/2021 13:18

"Further update in due course", wonder how long it will take. Enjoying the ride so far. Does feel like a step-change in interest in DPEU (or maybe it was just that 45p perma-bot ending).

[hybrasil] 16/2/2021 12:25

Just think of what will happen when they list on the Turkish Exchange

[spectoacc] 16/2/2021 09:56

Plenty of room on the chart :)

[hybrasil] 15/2/2021 17:24

Hit 50p today. £1 on the way!

[hybrasil] 11/2/2021 11:54

Its interesting to watch. There is a string of buying going albeit in relatively small volume

[hybrasil] 09/2/2021 15:40

Starting to be a little activity here.

[spursspurs] 08/2/2021 14:34

Thanks H :)

[spectoacc] 08/2/2021 13:54

Good stuff, hopefully not a recipe for divorce ;)

Got back in for the results, & saw no reason to close again despite the dip. Happy to sit on it in SIPP.

Best of luck to you too.

[hybrasil] 08/2/2021 12:58

Spurs

I wish you the best of luck with your holding here particularly as also convinced my wife to buy some this morning!

[spectoacc] 08/2/2021 11:45

He's gone a few times & returned, but you might be right this time. Needs to get over about 48p.

[hybrasil] 08/2/2021 09:42

At last
Someone else realises what good value this is.

And the iceberg at .45p has gone.

Blue skies

My £1 is getting closer

[hybrasil] 06/2/2021 11:09

As I said I was in on the recent investors call and the subject of Russia came up. Its not quite answering your question but I believe they said they were in a position to pay off all of the Russian debt if needs be (there is a covenant issue)without affecting the overall business.

This mornings FT has an article about student rioters in Turkish universities. Apparently Mr Erdogan is a bit homophobic and is getting a little excited about LBGT issues. Student riots always have the possibility of bringing change to a country.

[m_kerr] 05/2/2021 19:27

hybrasil - the private equity company that floated them still hold about 30% IIRC. the CEO also owns a chunk of a few million. i suspect the PE firm Turkven are behind the move to look at a dual listing so they can fully exit at a more reasonable price. the russia businesses will bleed cash for a good while yet, and that chunky net debt of about £50m including lease liabilities is a cause for concern for me. i've been trying to understand their cashflow and earnings for a long time but i'm still none the wiser. i know the turkish business is stable, highly profitable and growing. they haven't opened many (if at all) corporate stores at all with should keep capex under control since IPO. the russian business haemorrhages cash. do you have any idea how to interpret their earnings? i haven't been able to work out whether their debt is a red flag, or manageable. their accounts are really messy and this is preventing me from buying aggressively.

[hybrasil] 05/2/2021 11:50

M_Kerr

I think this is one of those really undervalued stocks.

The company needs better London representation. The current chairman earns £125,000.00 and holds a paltry £40k worth off shares..Its not going to make a blind bit of difference to him how the company or the shares do.

The turkish Lire (TRY) is strengthening against the pound.

There is a seller at 45p.

I am going to buy more as soon as the turkish listing is imminent.