Dukemount Capital Share Discussion Threads

[market master] 06/7/2018 07:43

It seems like the 10% traders have departed leaving only long term investors and management. 1p looks very easy to achieve soon as free float gets less.

[scotchoverice] 05/7/2018 23:44

Have the MMs run out of stock?

[market master] 05/7/2018 08:56

100% buys this morning

[thehumbleinvestor] 04/7/2018 22:22

My apologies, I forgot to include the following points from the earlier post

4. What are you hoping will be the catalyst for a significant rerate?
Two things. First, the guys need to lock down a significant revolving line of credit to facilitate more deals ongoing. This means they need an alliance with a big financial institution or a serious property magnate. Either tie-up should wake the market up. In practical terms, phase one will more likely be a property magnate, I think DKE needs more substance before the bankers come calling. But a big, serious property investor would be a huge vote of confidence in the vision.

5. Do you have any concerns?
Just one: Bandwidth. The team is tight, too tight to execute and deliver the strategy over 3-4 years, so I am hoping the business will come forward with a clear answer, sooner rather than later, as to how they plan to scale for rapid growth

[scotchoverice] 04/7/2018 21:31

Hunch - looks like you got your answer

[thehumbleinvestor] 04/7/2018 15:40

To: Ivor / Scotch / Chopped and anyone else interested

The named investor has asked me to provide clarification for general info on his behalf. Please do not ask me follow up questions, this is not a back & forth

1. Why have you built a large stake?
I like the concept and the business is worth nothing right now. A property company for c£2m when you can barely buy a decent flat in London for that price. The market hasn't paid attention to this yet and so it can be a £20m valuation with very little effort once they get newsflow going that proves the model. I began testing the water to see what sort of position I could build without the price soaring....my early buys pushed the price up to c.0.57, i watched as it fell back to 0.4 and then started buying again...I'd like to get to 50m shares but equally I may sell out entirely ...all depends on how things progress

2. Why this share?
I am intrigued. Remember this is not an AIM share, it is a main market listing. So here's the thing: why spend £500k on listing fees for a company currently valued at c£2m when you could list on AIM for a fraction and with a much lighter regulatory regime? Furthermore, the directors and insiders hold over 50% of the equity and they've capped salaries. The main market listing seems an essential element if they are to get institutions to work with them - they don't like AIM companies - and I like dirctors to have serious skin in the game - if it's not good enough for them, it probably isn't good enough for a private investor. And right now, because it is so under the radar and has yet to deliver on the promise, there is huge value potential here...in my jusdgement

3. Isn't 14% excessive?
Maybe. I have some price targets along the way- but I am open to further increases too

[choppedfried] 04/7/2018 15:02

in fact - right now...he is the only person adding value to DKE....I HOPE HE KEEPS BUYING

[choppedfried] 04/7/2018 15:00

Must be an 'ulterior motive'?
Why must it be anything other than an investment?
If I were a betting man, I would say he is likely going in one of 3 directions

Either
1. Seat on the board, or
2. Wait for re-rate then sell half to free carry on 7-10% (favourite in my view)
3. Or both

Anyway, so what?

[ivor hunch] 04/7/2018 14:55

I said 'modest' holding so let's not play the mine's bigger than yours game. The fact is that someone is building a stake here and I for one would like to know why. Is just an investment? Why invest in a small company which has sealed no deals as yet and made no profit as yet? There must be an ulterior motive - as I said maybe to request a place on the board, maybe to reverse other assets into DKE. Whatever the motive it's relevant to other investors.

[choppedfried] 04/7/2018 14:20

Looks like admin have dealt with Hunchy's inappropriateness..about time too. Bravo!

[choppedfried] 04/7/2018 14:17

Thank you Scotch
This Hunch fellow is as small mided as his small holding...
Must have small hands and struggling with shareholding envy
Not just a Hunch back, probably of stumpy c*ck too...a c*ck for sure!

[scotchoverice] 04/7/2018 14:13

The Huch is back...as rude as ever...
For the record, i hold 5million DKE
And i focus on my strategy , no one else's
So Hunch...why have you 'amassed' your great holding, what are your plans and intentions...we really need to know...oh and did you vote Tory or Labour?

[ivor hunch] 04/7/2018 11:04

B....cks to you matey. If you had clue about investing you would want to know why somene has built a large stake in a company in which you have shares. But ignorance, as they, say is bliss
Incidentally I have a modest holding of 2 million shares so let's not start that nonsense.

[choppedfried] 04/7/2018 09:45

Oh Hunchy we have missed you (not)
Didn't you get the message last time as to the inappropriateness and complete gaucheness of publishing people's names etc...Only boring people talk about people..
I have no idea as to any shareholder's motivations (except I would assume, to make some money)
In any event, I do not see how speculating on someone else's choices helps anyone else one jot...
Maybe you should publish your own name, declare how many DKE shares you hold (if any) and what your plans & reasons are?
If you aren't willing to do this, perhaps you should remove your post...before the admin folk do it for you..

[market master] 03/7/2018 11:34

Holdings RNS out. Gary continues to build his stake. I predict 1p within 10 trading days.

[choppedfried] 03/7/2018 11:10

Chunky buying this morning is our fella at it again?

[scotchoverice] 03/7/2018 09:26

A move to 3p values the company at £10m....depending on the funding arrangements, this could be surpassed

[choppedfried] 03/7/2018 09:17

The are only 128million shares beyond the clutches of directors, insiders or Mr C. - the top 3 investors effectively control DKE

[market master] 03/7/2018 08:57

Buys showing as sells!

[market master] 03/7/2018 07:56

The share price will be over 1p soon, no wonder Gary has bought 45M and continues to add!

[choppedfried] 02/7/2018 20:54

Very interesting Scotch....what have you heard on the rumour mill..?

I have heard that the reason for the design changes is that Liverpool City Councillor have to urgently rehouse 16 vulnerable clients currently living in condemned council accommodation...assuming this is correct and they have specified the change requirement, planning should be a formality

[scotchoverice] 02/7/2018 14:04

It’s coming home it’s coming home it’s coming
Dukemount’s coming home

[choppedfried] 01/7/2018 09:33

So - the only surprise is that Liverpool City Council only formally REGISTERED the application this week. However from what I can discern, the council need to have 16 new units asap to rehouse 16 tenants currently living in condemned council accommodation - hence the need to alter the building in the first place - if this proves to be the case, it seems highly unlikely permission will not be granted. In my opinion...Mid August looks like the time

[choppedfried] 01/7/2018 09:29

Sorry, the information does come across...here are the details:

Applicant: DKE Wavertree (DKE subsidiary)
Application number: 18F/1757
Site Address: 25-27 South Drive, Wavertree, Liverpool, L15 8JJ
Development Description: To convert 2no existing villas into 16no self-contained apartments
Status: REGISTERED
Date Registered: 29/06/2018
Decision: (this field is blank - i.e. no decision yet)

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