Ducat Ventures Share Discussion Threads

[dmhzx] 17/7/2004 09:37

A quick check on fundamentals.
Market cap already way over it's turn over.
Turnover down
Losing nearly £2 million a year
Raised £10 million recently now has just £6 million left.

RNS statements saying all is well.

Check out the history of some of the guys on the board.

Recently moved head office, and now changing accouting year end means they wont have to publish results for another 6 months, and readers will have to compare 18 moths with previous 12. Coupled with recent office move, glorious chance for accounting smoke screen.

Look like a bargepole case to me.

[adh0] 08/7/2004 14:03

I guess the deals off then.

[tenerife] 21/6/2004 13:40

i think you will find a 1b co. easily comes into medium size territory.

[jponnn] 21/6/2004 11:59

Hi adho,

I didn't say that LOM were the company involved but asked because of Stainforths links to this company if it was a possibility?

jpon

[adh0] 21/6/2004 11:56

Daily Mail 19th June:

'Veteran corporate financier Christopher Stainforth who took over as Durlacher's chief executive in 2002, has revamped it into a niche investment bank. It rallied 6p to 116p on talk that it has been asked to handle a mouthwatering £1bn deal, fees from which will be more than its current market value of £22m. During those silly dotcom days it was worth £2bn and almost joined the Footsie.'

On the one hand £1bn is far too big for DUC to handle. They are aimed at "small to medium sized" companies. If there was any truth in it the price would have risen a damn sight more than this.

On the other hand someone mentioned LOM are the other company involved, and who is (or at least was) on their board of directors? (Stainforth). If they were doing a deal DUC would be behind it.

[octopus100] 21/6/2004 11:56

If the deal in the paper happens - what would the valuation of Durlacher be translated into share price?

[maestro.] 21/6/2004 09:25

GOOD SHORTING OPPORTUNITY....people getting sucked in

[sharedoc] 21/6/2004 09:07

could'nt resist, picked up 10k shares for the ride

[maut too] 21/6/2004 08:08

nothing showing in any of my news services

[jponnn] 21/6/2004 07:49

saw the article in the Daily Mail.....the fees from the deal alone could be worth around 22M.....bigger than the current Mkt cap of Duc. Rumoured to be some sort of deal for Lombard Medical. Anyone hear anything?

[maut too] 21/6/2004 07:27

quite a lot of early morning interest - retail investors but moving higher

[maut too] 21/6/2004 06:57

pre market buy has them moving north again

[jpon] 19/6/2004 20:24

Which clients of DUC would be capable of that sort of deal? Lombard Medical???

[dealit] 19/6/2004 14:18

This was in the Daily Mail today "Talk of £1 billion deal for Durlacher", did not see the article myself but maybe that is why the price moved yesterday.

[maut too] 19/6/2004 07:51

hmmmmmm ....maybe that's why they moved up over 5% yesterday to the highest price for the last 6 weeks - could be on a run after breaking through resistance.

Just a modest punt for me and looks like it will pay off :-))

Must admit I prefer EVG but more than happy to continue holding.

[gerryl] 19/6/2004 07:07

Durlacher LOSE advisor status on YOO to Beeson Gregory ( and serves them right too ).
G

[darias] 18/6/2004 12:38

Nice here aint it.

[yf23_1] 18/5/2004 01:40

What are the 'peeps' doing maut ?

[maut too] 04/5/2004 09:12

CAS Durlacher Corp : KBC Peel Hunt apptd adviser
04-May-2004 10:00

Durlacher Corporation today said that
it has appointed KBC Peel Hunt as its
stockbroker with immediate effect.

ICV Edited News from Dow Jones
0900 GMT May 04 2004

[adh0] 27/4/2004 11:54

From the statement which accompanied the £7m YOO placement, "The net proceeds of the Placing are estimated at #6,634,000".

This would be about 5%, not 3%. I dont know if DUC are the only ones to recieve fees though, it might be split.

Still Sept results should be worth waiting for if they keep going like this.