Ducat Ventures Share Discussion Threads

[responsible lad] 08/11/2004 22:41

Thanks for being bullish in a way. I only had to sell those off for a £105 loss on my T1 account, but I have £520 worth left which are running at a loss for my T10 account. A sudden loss was due to happen to me in just a day, but I have had lots of 2 days losses lately. Also I just did not like the way the mm's where so unfair with the shareprice. At least its loverly for the bargain hunters early in the morning. Some you win some and lose some on.

[dionis] 08/11/2004 22:30

Having looked at the DUC website, I see that since July 1st (the start of the second half), the company has completed no less than five transactions (excluding the two mentioned today). They include 3 IPO's (total fees c.£500k), a secondary Placing (total fees c.£100k) and an advisory role on a piece of M&A work (total fees c.£50k). Not bad for a firm of 75 corporate financiers and brokers!!

So with just 7 weeks to go before the year end, turnover is probably just in excess of £1.5m.....a long way to go before reaching the £4.1m achieved in the first half!

Tony is up to his old tricks again. The sooner he goes the better.

[partner] 08/11/2004 22:18

I'm with you Gumberr,marked up from the off tomorrow (I HOPE },this news is an unexpected surprise would like to think this will under-pin current share price.

[gumberr] 08/11/2004 21:43

I will be expecting a mark up tomorrow -nice T trades at the end.
Should do an ICAP -which rose on upbeat outlook etc so I expect a nice rise in DUC in view of news today -90p short term target methinks!

[bullish barnes] 08/11/2004 16:34

your 150 loss today could be a 150 gain tomorrow
its important to look at the broad picture and were only talking paper loses afterall

[responsible lad] 08/11/2004 16:16

So why could they just not keep putting the price up with all the buys at 67p then?. They are not doing their job properly for putting the shares in the oppositive direction causing me a £150 loss on them today.

[bullish barnes] 08/11/2004 16:02

stop talking tosh responsible lad

theyve got a job to do like the rest of us
im holding with the upmost confidence

[responsible lad] 08/11/2004 16:00

Well everyone is selling out, I cant believe it. The market makers on Durlacher are totel Basta@@s. Their not nice people.

[bullish barnes] 08/11/2004 15:34

there not having my shares at this price

im hoping for the 180 i paid for them anything on top of that is a bonus

[gumberr] 08/11/2004 15:07

news looks good -probably will head towards £1 level again soon in a few days I reckon!

[mauts daughter] 08/11/2004 14:36

DADDIE!!!!!!!!!!!!!!!!!

[responsible lad] 08/11/2004 14:14

All the news is lyes. What a false RNS this one is, I bought in @76.7p and have to sell out today for a big loss. Arrgggg, Ive been conned.

[gumberr] 08/11/2004 13:52

LONDON (AFX) - Durlacher Corp PLC said its revenues for the six months to
Dec 31 are likely to exceed the reported revenues for the six months to June 30,
after the company completed two placings for clients since its last trading
update.
On Oct 20 the company warned that revenues for the six months to Dec 31 were
likely to fall short of those reported for the six months to June 30.
The more material of the two transactions involved Durlacher Ltd as joint
broker to NETeller plc where significant shareholders in NETeller sold 25.5 pct
of NETeller's share capital to UK and European institutions for a total value of
approximately 85.7 mln stg, of which Durlacher Ltd was responsible for 28.0 mln
stg.
However, the company reiterated that its ongoing cost reduction and
restructuring process will lead to further exceptional costs arising in its
reported results for the period to Dec 31.
tc

[responsible lad] 08/11/2004 13:39

90p within one hour. Broker just sold 50K of shares to a client. Same thing happened to Claims Direct @7p and they flew to 12p.

[responsible lad] 08/11/2004 13:35

Looks like these are going to fly

[maut too] 08/11/2004 13:16

CAS Durlacher Corp : Revenues seen up
08-Nov-2004 13:12
The company said today that its
revenues for the six months to Dec. 31,
2004 are likely to exceed the reported
revenues for the six months to Jun. 30,
2004.
This is in contrast to the
announcement made on Oct. 20, 2004 that
revenues for the six months to Dec. 31,
2004 were likely to fall short of
reported revenues for the six months to
Jun. 30, 2004.
Since Oct. 20, 2004, the Company has
completed two placings for clients, one
of which was not, as at Oct. 20, 2004,
in the Company's pipeline of projected
revenues for the remainder of 2004.
The more material of the two
transactions involved Durlacher Limited
as joint broker to NETeller where
significant shareholders in NETeller
sold 25.5%. of NETeller's share capital
to UK and European institutions for a
total value of approximately #85.7m, of
which Durlacher Limited was responsible
for #28.0m.
As a result of the closure of these
two transactions, the Board is now able
to announce that Durlacher's revenues
for the six months to Dec. 31, 2004 are
likely to exceed the reported revenues
for the six months to Jun. 30, 2004.
However, as also announced on Oct. 20,
2004, the Board continues to implement
a cost reduction and restructuring
process which will lead to further
exceptional costs arising in the
Company's reported results for the
period to Dec. 31, 2004.

ICV Edited News from Dow Jones
1312 GMT Nov 08 2004

[maut too] 08/11/2004 13:14

CAS Durlacher Corp : Revenues seen up
08-Nov-2004 13:12
The company said today that
Durlacher's revenues for the six months
to Dec. 31, 2004 are likely to exceed
the reported revenues for the six
months to Jun. 30, 2004.

More to follow...

ICV Edited News from Dow Jones
1312 GMT Nov 08 2004

[bengo] 01/11/2004 19:59

From £50 plus to an eye-watering 70p with a 140/1 split along the way and the directors are still getting paid WHAT A COMPANY!
These people are not fit to empty bins never mind run a company.

02/10/02
LONDON (AFX) - Durlacher Corporation PLC posted a narrowing in full year pretax loss to 9.91 mln stg from a loss of 44.90 mln previously as it said it remains well funded and is well positioned despite the uncertain outlook for equity markets.
Alongside the full year results, the company also announced that it proposes a share capital reorganisation with the reduction of nominal value and consolidation on basis of 1 new ordinary share for every 140 existing ordinary shares.
The authorised share capital of the company is 50 mln stg divided into 1,000 million ordinary shares of 5p each, of which 569,850,595 are issued and fully paid, the company said.
The current market price of the existing ordinary shares is significantly lower than their nominal value and due to company law restrictions, it is currently impossible for the company to issue ordinary shares at the current market price since this would represent a discount to the nominal value, it said.
The company also said it proposes a new staff incentivisation schemes, which will comprise both share option schemes and a bonus scheme for employees relating to the pre-tax profits of the group.


18/03/03
LONDON (AFX) - UK investment bank Durlacher Corp PLC said pretax profit for
the six months to Dec 31 2002 rose to 2.6 mln stg from a loss of 1.74 mln stg in the comparative year-earlier period.
"The outlook for financial markets is challenging but Durlacher has made
real progress in restructuring and developing its business to face such
conditions.

7 May 2003

Durlacher Corporation plc appoints Managing Director of Corporate Finance

Durlacher Corporation plc ("Durlacher" or "the Company") is pleased to announce
that Julian Hirst has joined the Company as Managing Director of Corporate
Finance.

"I am delighted to have a banker of Julian's calibre and track record joining
our team.

"Julian and Simon, while identical in many respects, have complementary talents
and a proven ability to work together which will be a powerful force for the
Company. They will have separate coverage responsibilities, with Simon heading
up Corporate Finance and taking the lead on M&A execution and Julian focusing on
new business origination and corporate broking."

And so the bo@@ocks goes on and the directors continue to be paid

[quraishim] 21/10/2004 21:42

dmh...I agree, would not touch them with a barge pole....wonder how many retail investors have been shafted.

[dmhzx] 21/10/2004 16:08

And 25 might just be a fair price - but since we already know they're still losing money, and actual revenue is falling, I can easily see some of these guys old chums from the administrators on their way in. (Standard fee for administrators £400 an hour, and strangely enough, they always seem to recover just enough to pay their own fees. Should there be anything worth saving from the wreckage it is normally 'sold' to the guys who called in the receivers. - I think technically it's called quid pro quo, because a quid is about the selling price.)

At which point the remaining trough trio are quids in again.

[quraishim] 20/10/2004 20:50

This will be 25p....maestro u should have ridden this donkey.

[maestro.] 20/10/2004 19:46

sorry about the short guys...taking my profits going long QXL...chow!