Duke Capital Share Discussion Threads

[superjock2] 29/1/2019 10:32

Last two sells on Money AM list show sells but they are buys because I bought them.
One in my ISA one in the wifes ISA.

[dsct] 27/1/2019 11:20

As it's been quiet on here, and with the share price (41.5p) at a 9-month low, I thought I'd post a link I've just found on their website:


Investor Presentation - January 2019

A short 16 page PDF, basically confirming what we already know, but nicely summarized and presented, and may be interesting to some.

They are also presenting at the 'Growth and Innovation Forum', organised by the Shares magazine (AJ Bell) on 29th January, along with over 20 other companies.

Nice to see some die-hard investors on here now, davidosh and Glasshalfull being two of the recent posters. Gives me some comfort that I may not be as 'novice' an investor as I thought :o)

I personally, had a ceiling on how much I would invest in DUKE, and could/should increase my holding by 25% at some stage. This would then consolidate DUKE into the mid-sector of my folio (5%-10% of total folio value).

[stevie blunder] 04/12/2018 12:41

You are welcome Piedro.

So far so good, I'll feel more comfortable when earnings cover divis tho.

[piedro] 04/12/2018 09:29

Stevie B.

Thank you for putting up this thread.

Piedro :-)

[cheshire man] 04/12/2018 08:26

Indeed Masurenguy

[masurenguy] 04/12/2018 08:13

Encouraging progress !

Highlights
*Revenue of £2.7m (H1 2017*: £0.6m), an increase of 350%
*Inaugural net profit before tax £1.1m (H1 2017: loss before tax of £0.4m)
*Positive cash flow from operations of £1.3m (H1 2017: cash outflow of £0.1m)
*Two quarterly dividends paid, 0.6p on 12 April 2018 and 0.7p on 12 July 2018.
*Positive adjustment factors achieved from Duke's first two investments, Temarca B.V. and Lynx Equity (U.K.) Limited and encouraging sales growth also being shown by Trimite Global Coatings Limited and Brownhills Investments Limited
*Strong liquidity available for future capital deployments with cash at period end sitting at £30.1m

[melody9999] 04/12/2018 07:56

I've been invested for a few months since the summer and added a couple of times. Looks like patient investors who got in quickly after Mello will be rewarded. But still cheap IMHO.

[glasshalfull] 30/11/2018 17:25

I’ve also recently invested here & posted the following pic from the presentation at Mello London on Twitter Room was jam-packed with delegates squeezed into every available space around the room.



The wonderful Graham Neary - who shares the Stock-o-pedia daily report with Paul Scott - is also a fan & prepared this podcast a few months back. Link below.



Kind regards
GHF

[davidosh] 30/11/2018 15:36

I bought in at Mello literally. Looks like quite a few more of the delegates liked them too. It was standing room only.

[cheshire man] 30/11/2018 15:34

I too got in recently :-)

[nurdin] 30/11/2018 12:44

Good to see you here Mas

[masurenguy] 30/11/2018 11:00

Good to see a bit of demand this morning. Took an initial position @44p recently.

[advfn_sales] 21/11/2018 16:55

Here is your chance to meet with Duke Royalty:

Using this unique discount code, ADVFN25, you will be able to get £25 off at Mello London 2018, a 2 day investor conference from the 26th – 27th November 2018 at the Clayton Hotel, Chiswick, London.



Tickets are normally priced at £99 for two days and £79 for one.

Type in ADVFN25 as the discount code.

Many Thanks and take advantage of this premium offer.

See you there.

[davidosh] 18/11/2018 22:08

Here is the full two day programme schedule for MelloLondon including Duke Royalty



It is jam packed full of about 75 company presentations, lots of top quality speakers and panel sessions plus workshops to help with investment style and techniques etc.

The pre event fun starts on the Sunday evening with a dinner and investor quiz hosted by John Lee but the main conference begins on Monday 26th November at 9am through to Tuesday 27th in the evening so do come and join us as there are still 97 tickets left...



See you there.

[piedro] 10/11/2018 16:38

dsct,
"Royalty income (Sept onward), is £451k p.m. ...."

I get a higher value for September but then I've calculated the last 3 royalties at 13+%

[davidosh] 06/11/2018 00:51

Just a note to advise that Duke Royalty will be presenting at our MelloLondon investor event in Chiswick W4 next month so the perfect opportunity to ask questions and discuss the strategy with management as Charlie Brookes will be there on Tuesday 27th November.

MelloLondon is a two day event and starts on Monday 26th November through to Tuesday 27th November and all shareholders and potential investors are welcome. You can find out more here...



There will be 65 quality companies exhibiting and presenting plus some very well known investors, entrepreneurs, fund managers and market commentators providing excellent keynote talks on a range of investment subjects. A number of investment workshops will be available each day and a ShareSoc MasterClass on the final day.

[nurdin] 30/10/2018 11:04

I agree..an excellent update.

[melody9999] 30/10/2018 11:01

Added on update today. Not only are the investee companies performing (and so DUKE benefit) but the 2 new appointments will presumably assist in finding new prospective companies. So very positive IMHO.

[rndm355] 10/10/2018 15:05

Interview with Executive Director Charlie Brookes:

[puku] 26/9/2018 16:17

Piedro re your post las month - just back from Budapest and saw 6 Viking Cruise ships tied up because of low water level - must be affecting Temarco also.

[cambium] 24/9/2018 07:28

Divi increased

[toadhall1] 23/9/2018 16:38

Ok thanks. We should be hearing about the annual royalty determination for Temarca and Lynx too which will be interesting. Didn't get an update since the Operational update in May. Think they were due start of July and August.

[dsct] 23/9/2018 10:53

@toadhall1

After my previous post, I found this link:


My calcs are on the pessimistic side (e.g. aggressive costs of 2.3x H1), so I hope they'd be bettered, but can't see how Midas get their £500k profit this year from. Then again, they were expecting results to be out in June (two month after article date) ! Obviously I hope Midas are correct, and I'm way off the mark ! lol

My first (basic) calcs of costs were at £100k per month, although expecting it to be higher, I'm hoping it won't be more than £125k p.m. (£1.5m for year).

Royalty income (Sept onward), is £451k p.m. (which is the easiest part to work out), basically, leaving £326k (£1m each quarter) which can be accrued to self-invest in Royalties.

I've set up my calcs for H1-18/19 & YE-18/19, but need the Finals actuals for these to work properly.

Edited to add that I'm ready to double-up on any unwarranted drop tomorrow, ironically, using proceeds from selling bank shares :^)

[toadhall1] 23/9/2018 09:54

Looking forward to the results on Monday. Hopefully no cost surprises. Good that the Canadian health royalty closed recently. The smaller US legal docs one seems to be taking a bit of time to close out though - that was the one for which the loan was taken out in June. Not expecting too much new investor interest yet to drive price. Nicely under the radar. But once all the recent money is invested that's when we should start to get significant yield compression. I'd also like to see the company start to accrue cash for reinvestment in new royalties rather than rely on placing. I would imagine that is the strategy given the transformational size of the recent one.