Duke Capital Share Discussion Threads

[santos123] 17/9/2020 20:17

Share price tanked again today, even after the F.Y. results were good.

It's down to the scrip divi again.
The real kicker is, they said they are going to increased the divi, after the good results.

This is a kick in the teeth for the long suffering shareholders.

Vote down every resolution in the A.G.M. proxy form.
The directors all need to kicked out, and a more shareholder friendly board put in there place.

Santos123.

[brownie69] 17/9/2020 08:52

There is a separate RNS today announcing a 0.5p/share script dividend.

[peter27] 17/9/2020 08:08

It's a choice between the flexibility of short term or certainty of long term financing.

[johnroger] 16/9/2020 14:33

Agreed, good update but no mention of dividend or scrip.

[scepticalinvestor] 16/9/2020 13:57

The mkt obvs doesn't seem to share your view :p

[tonytyke2] 16/9/2020 09:45

Agreed bwm2 good update indeed.

[bwm2] 16/9/2020 07:22

Good results in line with my personal forecast and encouraging indication of q3 benefitting from expiry of covid revenue postponement. At £2.4m cf record £2.8m six months ago, this augurs well for q3, q4. I maintain my personal tgt price of 47P
DYOR

[tonytyke2] 15/9/2020 10:25

I will stick with Simon Thompson's view of company thanks.

[energeticbacker] 14/9/2020 15:58

Successful exit of its £2m investment in Royalty Partner Xtremepush but we are wary that some of Duke’s other, old-economy Partners, may be finding the current environment significantly more challenging and full year results, due out on 17 September could present some creative funding arrangements.

More on the Investor's Champion website.

[bwm2] 14/8/2020 15:00

but no tgt price

[tonytyke] 14/8/2020 13:27

Simon Thompson once again indicating Duke to be a buy today in the IC.

[tonytyke] 10/8/2020 13:22

As per my post on the 19th June, appears again to be a very bullish statement providing increased funding for key partners. Very good news!

[bwm2] 10/8/2020 12:12

Good to see canaccord adding 230k shares on last weeks update. With this add on Royalty investment my tgt is now 47p

[nw99] 10/8/2020 10:35

Retest 40p within 2 months

[bwm2] 10/8/2020 08:29

Two positive RNS . Spread very tight as well

[nw99] 10/8/2020 08:18

Big buyers around this am

[bwm2] 09/8/2020 14:13

Even more value then

[johnroger] 08/8/2020 19:46

bwm2
Sharescope is a subscription based service, details are regularly updated so I would be surprised if it wasn't up to date. However there are no guarantees!

[bwm2] 08/8/2020 09:31

Johnroger
I cant access that. I recall after H1 2020 that the earnings expectation for 2021 was 3.7p so suspect the consensus that you refer to is pre-covid. Also my estimates are on a normal tax charge whereas the company seems to be paying at about 10%

[bwm2] 07/8/2020 16:38

Johnroger
Thanks, not heard of Sharescope so will have a look at it

[johnroger] 07/8/2020 16:24

Sharescope has consensus of 3.63p for full year to 3/21 and 5.19p for the following year. If anything like near this makes current price very good value indeed.

[bwm2] 07/8/2020 16:10

Anyone like to share their expectations for earnings and share price for the half year and full year to March 2021

I am looking at 0.9 p and 2.25 p respectively (without any contribution to the arrears) and anticipate this increasing with newsflow as the year progresses and in particular with the half year results. Not bad for the period of adversity and this would give year end NAV per share of circa 40p.

More importantly, the normalised earnings based on current Royalty agreements and the reduced operating costs are 3.4p. Assuming a 7.5% yield gives a target share price of 45p

Having sold our early this year at 35p, I have been accumulating over the last three weeks at 20-25p and still see a great deal of value here.

DYOR

[nw99] 06/8/2020 21:54

No brainier buy here