DQ Entertain. Share Discussion Threads

[dicko80] 30/9/2015 11:45

spoke with the company...

seems there is no clarity with anything at the mo...

They are speaking with the NOMADS & lawyers for advice.

The only problem I can see is what the highest price they have paid for their shares.

If you look at the RNS on June 3rd and look at the chart from May, you can see it went from 3.5p to 9p

the worry is if they bought shares within this period... then a low ball takeover is coming

I guess its wait and see

[petersmith3] 30/9/2015 10:01

PPG - one of the safest aim stocks with 10-bag potential!


Plutus has already been awarded management contracts for 5 X 20MW generating sites. Rockpool Investments has managed to raise £17.8 million in EIS funding.

Each 20MW site could potentially generate on average £340,000 net annual profit for Plutus, even if only running for 120 hours per annum.

So 10 sites (the stated target within 3 years)would be likely to produce £3.2 million in net profit to Plutus, equivalent to 0.43 pence per share.

If all 10 are contracted under the Capacity Market, this would add another £1.5 million in net profit (equivalent to a further 0.20 pence per share), making a total of 0.63 pence net profit per share.

This is all well and good, but it is already on the cards I understand that this 3 year target of 10 sites will be smashed in the first year.

I believe we could be more than double that number of sites by August 2016, in which case we are talking of between 1.5 pence and 2 pence net profit per share.

So the price target for the share should be a minimum of 20 pence by August 2016. If this comes about (20 sites plus) the sentiment and probably further institutional investment stakes will ensure that it goes north of 25 pence a share.

So this would mean a 2,500 % increase on the current share price.

[dicko80] 30/9/2015 09:40

LOL the weak can't see the big picture

good luck buying back in, expect a bounce

[dicko80] 30/9/2015 09:25

In particular, the interests of concert parties (including those of certain of their connected persons and associated companies) will usually be aggregated for the purpose of the thresholds under the UK Takeover Code.

This can mean (for example) that where members of a concert party hold (in aggregate) an interest in between 30 and 50 per cent of the voting share capital of a company, an acquisition of any further interest in shares by one member of the concert party may result in all members of the concert party being required to make a mandatory CASH OFFER for the remaining shares

[here and there] 30/9/2015 09:19

MC still absolutely tiny. There is value here

[dicko80] 30/9/2015 09:19

on the pop on a school night ? tut

LOL

[dicko80] 30/9/2015 09:12

takeover rules

Where the target is subject to the UK Takeover Code, one of the key areas where restrictions will apply (and an area where bidders may inadvertently trigger obligations or impose restrictions in relation to a possible future takeover offer) is the acquisition of interests in its securities. These restrictions include (amongst other things):
an obligation (subject to certain limited exceptions) to make a mandatory cash offer for the remaining shares of the company where a person (together with their concert parties): (i) acquires an interest in shares which carry 30 per cent or more of the voting rights of a company or (ii) holds an interest in shares which carry between 30 and 50 per cent of the voting rights and makes a further acquisition of an interest in shares

[dicko80] 30/9/2015 09:07

morning tom,

thought I was talking to meself :-)

[tomboyb] 30/9/2015 09:06

Good Morning -

Pleasant surprise - shareholders holding over 50% want to come on board - Not surprising considering the share price declines -

[dicko80] 30/9/2015 09:00

Poster on LSE stated the requirements to be able to list on the NASDAQ

SEE BELOW

I hear ya, as you say tho with them now addressing that issue, it surely can't stay at over 1000% discount to cash... If it wants to be listed on the NASDAQ the requirements for such a thing arn't a drop in the ocean..

Listing Standard No. 1

The company must have aggregate pre-tax earnings in the prior three years of at least $11 million, in the prior two years at least $2.2 million, and no one year in the prior three years can have a net loss.

Listing Standard No. 2
The company must have a minimum aggregate cash flow of at least $27.5 million for the past three fiscal years, with no negative cash flow in any of those three years. In addition, its average market capitalization over the prior 12 months must be at least $550 million, and revenues in the previous fiscal year must be $110 million, minimum.

Listing Standard No. 3
Companies can be removed from the cash flow requirement of Standard No. 2 if the average market capitalization over the past 12 months is at least $850 million, and revenues over the prior fiscal year are at least $90 million.

............

Mkt cap @ £3m

[dicko80] 30/9/2015 08:52

I had my suspicions when I spoke with IR, since the email below I have sent 3 emails asking for clarification regarding CCS, but no reply... LOL



From: Rashida Adenwala [mailto:[e-mail]]
Sent: 15 September 2015 02:46
To: XXXXXXXX
Subject: Re: DQE

Hi I am resending this email from my personal ID as I am not sure if you have recd the below email

On 15-09-2015 07:14, Rashida wrote:

Dear XXX

Please find the responses to your queries below.

With regards

Rashida
On 08-09-2015 15:21, Rashida wrote:

On 07-09-2015 16:38, XXXXXXXXXXX wrote:

Hi

I’m a private investor carrying out some initial research into the above company.

Please can you advise on all as below –

1) Holdings RNS – Corporate computer services – now holds 29.7%
Did they acquire the stake through the market or buy it from an existing shareholder ?

They are currently just under the % stake to offer for the company, Have you spoke with the new shareholder and asked their intentions.
They have acquired their stake through an existing investor. But we were not aware of the same until we got to know the same from the shareholders register.
Yes we have requested them to provide the KYC details as well as their intentions. They have not provided any information yet.

2) Market valuation - £2.5m

Are you aware of any large shareholders selling out, hence the low valuation the market gives the company?

All of the large shareholders have exited and Corporate Computer Service is now the largest shareholder.

3) Are you aware of any other reason of the low valuation the market gives the company?

We really do not know the reason for the low valuation and just as you, we are also really at a loss as to why have our valuation has dropped so low

4) I’m struggling to understand the current valuation especially as the company has secured funding to the tune of $50million. Which is quite unbelievable and even more so in the current climate.

Our Company has phenomenal IP's on its library and we have managed to sustain a very difficult period where many animation companies have struggled and even closed down. Further we have been able to raise the funds, as rightly said in the current climate. This goes to affirm that we do have a great potential going forward and which the investors believe and hence have invested.

5) A recent RNS states in advanced talks with well known studios in the USA & France – Will any deals be announced via an RNS ?

Yes we hope to have the contract closed by November and then we should have an announcement in place

6) Potential de-listing or sale/listing on Nasdaq – from what I can see this could be a dark area for private investors. Do you have any feedback from the company, with which way they are looking/leaning towards ?

We have to give an exit to the Investors within 3 years from their investment either through a strategic sale or an listing on the Nasdaq. We propose to merge the Aim listed company with our Mauritius subsidiary at the time of any of these events happening so that the AIM listed shareholders also can get their interest aligned with that of the new investors.

[dicko80] 30/9/2015 08:30

wonder how long before folk work it out...

[dicko80] 30/9/2015 08:12

free stock charts from uk.advfn.com

[dicko80] 30/9/2015 08:05

51.78% !!!!!

[dicko80] 30/9/2015 08:04

The Requisitioner's letter further informed the Company that the Requisitioners are the registered holders of a total of 29,133,662 ordinary shares of GBP0.001 par value each in the capital of the Company, which represents 51.78% of the Company's issued ordinary share capital.

DQE is currently seeking advice in relation to the validity of the purported requisition and the Company will make a further announcement in due course.

[tomboyb] 29/9/2015 15:02

6.25p on the ask - Selling dried up below 6p -

Potential Recovery play here - There is a debt on the balance sheet but they seem to be progressing - At the current cap certainly worth a punt.

[2pablo] 29/9/2015 13:45

The Finance lady Rashida has kindly, if a little naively, let it be known that our 'receivables' are really coming in. That means we are really getting on target and with the $50m Bond we've got the money to get lots of new productions going simultaneously. All looking good.

Don't think there will be a speeding ticket because she has let the cat out of the bag.

[dicko80] 29/9/2015 13:29

think we'll hit 9p

[dicko80] 29/9/2015 13:24

where's the speeding ticket ?

:-)

[tomboyb] 29/9/2015 13:22

Climbing nicely -

Good luck

[2pablo] 29/9/2015 12:33

Apparently we've got in about £10m further, mostly of really old debts - compare that to a Market Capo of £2.6m this morning.

[dicko80] 29/9/2015 12:06

well that was fun...

can we do it again ?

LOL

[2pablo] 29/9/2015 11:37

An email from our finance guru Rashida speaks of 'receivables' finally being brought under control. That has sparked this run today.

Get those under control and a few tasty contracts and should re-rate nicely.