Drs Data&Rsrch Share Discussion Threads

[roysta] 19/12/2003 19:38

Must also remember good noises about increased dividends in interim result statement.

[roysta] 19/12/2003 19:28

Totally agree, will be topping up on Monday.

[inthesticks] 19/12/2003 17:45

Looks like we've got a unaminous feeling about this share now.
Let's hope it has a Northwind following!

[gzr] 19/12/2003 13:40

Southwind have been dumping and sold 1m on 4/12. Perhaps they have got rid of the remaining 1m and dragged the price down? A good buying opportunity me thinks.

[nurdin] 19/12/2003 13:30

Its turning ..good timing

[urpo] 19/12/2003 13:19

as a point of interest (maybe) the late posting of trades continues... I've made two buys of 10k each this morning and neither has been posted.

I'm not suggesting that there is any sinister motive here, since equally there may be a lot of sells not yet posted. It just makes it very hard to get a timely picture of the flow.

[lafiamma] 19/12/2003 12:59

I think it's exactly that! Done to show current & potential investors that the only reason for the fall is simply the MMs moving the price around, as they're currently doing with a lot of AIM stocks!

[cockneyrebel] 19/12/2003 12:54

Well the FD has just bought a token amount but its a buy none the less - he needn't have bothered need he? A vote of confidence still.

CR

[nurdin] 19/12/2003 11:31

I made it 4.3p but yours sounds better.Selling in the Far East including China did it for me...huge market there.
Spoke to the company recently.They will be appointing a broker soon ''.. because we realise our responsibilty as a public company...''

Once brokers start pushing this share 120p target is not out of court :o)

[cockneyrebel] 19/12/2003 11:25

5 year eps : 0.06p, 0.56p, 1.12p, 1.45p, 3.61p

Thats a pretty excellent 5 year record.

Interims were up 20% despite there being a set aside for litigation of £106K which would have added another 10% to eps growth.

I reckon they could do 4.7p eps for the year - PE 12. That's dirt cheap for a stock with such a good record of earnings growth. Stocks with a record like this frequently trade on forward PE's of 20+. EPS next year should be 6p+ off of 4.7p this year - a forward PE of 20 on those earnings would be 120p a share - big potential.

I'll stick with it - the stock has a better track record than most posters n ADVFN.

CR

[jainsworth] 19/12/2003 11:06

lafiamma
Indications are that its an up and coming company.
However to spread it, it would need to be a £20m+ company, plus it would need to improve its liquidity - unfortunatly I found that out after I'd sold it!

[lafiamma] 19/12/2003 11:04

If you draw yourself a trendline, you'll see we should be bouncing off it right about now. Correction has come on very low volume and RSI is oversold. Look what happened last time RSI was oversold! 50p to 70p in a few weeks!

[nurdin] 19/12/2003 10:54

Have had my eyes on DRS for a long time..used up some spare cash in ISA to buy a few..this dip is too good an opportunity to miss ;o)

ps trade not showing yet

[truksa] 19/12/2003 10:54

Its a meltdown ! There must be some bad news on the way ???

[cockneyrebel] 19/12/2003 10:37

Low volume imo.

No buyers around and mm's don't want to take on stock over xmas. Lots of small caps getting hit like GHH, CKN, LOOK, etc and DRS movesd on little volume at the best of times.

My guess would be a bounce as fast as the fall at some point.

CR

[lafiamma] 19/12/2003 09:56

jainsworth, I have a spreadbetting account also, with IG Index. It's definitely the way forward!

(Unfortunately DRS is too small to spreadbet)

Good luck!

[jainsworth] 19/12/2003 09:42

lafiamma
Good luck. Made 121% profit on these myself, as you say before the market turned, but I dodn't think I'll buy in again, I'm fed up of paying brokers fees and tax. So I used part of my gains to fund a spread betting account, first buys were GMG and PIC both for March next year - now looking good!

[lafiamma] 19/12/2003 08:13

Bargain price though, sold out at 72 when the markets turned bad... Couldn't resist getting back in this morning!

[jainsworth] 18/12/2003 16:50

Zero news flow, no results due, not exactly a popular share - or do the mms know something the rest of us aren't privy to??

[johnrxx99] 18/12/2003 15:07

Does anyone know why such a dip?

[diogenesj] 17/11/2003 09:50

Certainly looks like it. Some steady buying this morning, in a bad market. Not aware of any tips, though.

[lafiamma] 17/11/2003 09:37

Has this been tipped again today/over the weekend. Can't see a reason for it to rise this much today! Can anyone enlighten us?

Cheers,

laf

[pippin] 14/11/2003 01:04

My own figures are surprisingly close to yours CR. I also came up with a fair value in the 90's but thought there was a good chance of an overshoot - and if the psychological 100p goes, then it could just keep going higher for quite a while.

[lafiamma] 13/11/2003 12:36

I like your figures CR! Pretty high volume today, looks like that 30,000 trade (appears to be a sell) stopped us breaking through 70p!