Dwf Share Discussion Threads

[asagi] 21/7/2021 10:21

very encouraging FY results I thought:


it was a bargain all those weeks bouncing around at 80p.

Asagi (long DWF)

[sphere25] 25/5/2021 15:29

Don't you just hate psychological marks like £1?

So whilst the market has a ding dong at that psychological mark, the earnings beat has come and is significant. DWF sound confident on the future, which suggest more upside to come, possibly gradually back into that 110p-120p range with a pre-covid gap close too.

The dividend yield should firmly support the valuation at least at these levels, particularly as they are sounding the dividend payout as only being the "first step".

It was an interesting break and move above that key 90p level. If you watch shares and price moves long enough (I know alot don't care as they are medium or longer term) it does become easier to map out these key levels and watch for the breaks when the book does look stronger.

The market here did anticipate the earnings beat and rallied ahead of it so a nice little 10% + pop for those who spotted it. They say it's only 10% and who cares about such moves?

The thing is if you can do it over and over, it actually adds up to significant outperformance of indices and longer term holders. Clearly, easier said than done but something of note :-)

Overall, DWF looks a hold at worse with a stop in place just in case the wider market tumbles (though wider markets are only bending and not breaking with buyers coming in at support levels so reasonably bullish...so far).

As always..

All imo
DYOR
Never rely on anyone but yourself

[saltaire111] 25/5/2021 08:15

Great to see the recovery gaining momentum.

Salty

[asagi] 25/5/2021 08:15

trading statement is out and here:


taken well by the market.

Asagi (long DWF)

[sphere25] 20/5/2021 10:15

Fascinating watch at a key juncture as the US continues to threaten a breakdown with a retest of key levels yesterday. It got bought up well, but it continues to be a wait to see if the support levels hold. Don't want to be buying or piling into things here just in case the US does fall over because those charts won't look great and could be the signal for continued weakness through the summer.As per comments before, the good small caps here aren't batting an eye lid. DWF actually closed up yesterday and a lot of the shares on the monitors are showing minimal movements.The overvalued speculative shares here have been following the lead of their US counterparts and have come off a lot. IF there was bigger selling in the US, I suspect it could eventually feed through here, but judging by the moves out there, it's going to take some major breakdown and selling across the Atlantic.DWF is one example this morning being very well bid. There is a stack of buy orders on the book, which could suggest a move higher.Shares aside, those moves in crypto will have wiped people out and caused enormous financial and emotional damage.It just shows what can happen when there is involvement with higher risk (or bonkers higher risk) plays.Moves like that show the importance of risk management and always planning for the downside. Leverage is absolutely brutal when moves like that happen.Hell, if folk got in early, happy days but that won't be the case for more recent buyers.Wrap it up there. Let's see how the US moves.All imoDYOr

[sphere25] 14/5/2021 15:06

Taken a few.

As per previous posts here, I have watched this one for a while and noted how it has got stuck at the 90p level in the past and big buying at slightly lower levels hasn't been enough to push the price higher, but it is looking stronger than it has done in the past.

The price is lumpy and the book can be deceptive here (just like MCLS with minimal orders not fully reflecting the underlying dynamics and clumsy late sellers) but the bulls appear to be taking control of the key squares as I type with 90p and now 91p being bid.

This all suggests a reasonable chance of a break higher. Clearly the chart looks interesting if the breakout is confirmed with strong upside potential, and given time, gap close to pre-covid levels.

Technicals aside (though the buying and price movement here could be in anticipation of a forecast beat statement) I would expect a pre-close statement here in the near term (by early June at the latest - the DWF website has one pencilled in as just "May 2021") and I would be surprised if isn't an ahead statement.

The last statement suggests it will be, so the price could rally strong in anticipation of that, and also on the statement.

Let's see how it goes.

All imo
DYOR

[typo56] 14/5/2021 14:37

A 250k 'buy' this morning ahead of trading statement. Decent looking forward P/E and yield too.

[spooky] 14/5/2021 12:43

End of year update later this month, chart/momentum buyers will be all over it if it rises from here IMO. Less than 10 times next years earnings forecasts so there is a possible fundamental story too.

[asagi] 14/5/2021 12:37

It is not the case that there is any new broker research out on the company today or any particular media coverage.

Results are scheduled for July 21st.

As I write that the shares have ticked up again.

Asagi (long DWF)

[sphere25] 14/5/2021 11:16

Still have this one on the watchlist, noticing a stream of buys coming in here

Anything going on here?

It's all about that key 90p level.

All imo
DYOR

[chrisb1103] 09/3/2021 14:58

Stuck fast to 80p gotta break upwards at some point soon?

[sphere25] 09/3/2021 11:43

Watched this one in the past for a possible short term trade in the past. Noted sellers in size at 90p but it never got close to breaching it so left it alone. Yesterday's statement stated "at least in line" so stuck it back on the watchlist.

Noted someone coming in for some big blocks this morning with a 996k, 500k, 748k and 657k all at 82.75p. It looks like that buying is on the back of Shore Cap saying the sector trades at 17 times and DWF is 10.8 times for this year and 8.4 times next year.

It doesn't look this buying is enough to shift the dial as there is clearly a bigger seller on the other end of those buys, but keeping a watch to see if any monster chunks go through to get the market interested.

All imo
DYOR

[boozey] 15/12/2020 21:58

Have you got something against the company chancer? The old CEO left as he was driving the company into oblivion. Poor employee reviews of their own company past or present and share price have little in common. Results were in line with expectation. Why bother posting on a thread you have no interest in, yet no other?

[sharetips] 15/12/2020 21:16

Tipped in cityconfidential

[boozey] 10/12/2020 22:10

Sound results. Investors Chronicle came out with a 'hold' late morning which reduced the price 3p.

[saltaire111] 10/12/2020 07:56

Superb results.

[sphere25] 02/12/2020 11:37

Watching in here. It is another interesting chart and juncture.

90p is key here. A break of that would clearly be bullish.

No real interest at present

[boozey] 25/11/2020 23:02

Saltaire I only invest in UK stocks. Since I last posted only Investec (INVP) amongst asset management companies seem not to have caught up with NAV (Indeed it is only at 50% of NAV).

Meanwhile DWF is making gentle progress but I feel could double from here on a 12 month horizon.

Been a great couple of weeks!

[saltaire111] 25/11/2020 20:57

@Boozey, thanks. I too hold asset managers, quite a lot in AJBell, SLA and LGEN. Will look a bit closer at M&G - they’re a bit of a blast from the past. I used to have some money in their recovery fund a few years back.

I like AJBell, I think they’ll be taken over at some point in the not too distant and this could be quite spectacular to the upside. I’ve also recently bought shares in the US publisher Gannett - the shares are being upgraded following refinancing and, in my view, could be worth $10 a share within 12 months (currently about $2.80).

[boozey] 10/11/2020 21:15

Hi Salty, difficult one. Investments are a personal choice. Think we are at a watershed with a cycle out of ''Covid'' stocks on the back of the Pfizer announcement like diagnostics and companies that have benefited from the pandemic - witness the collapse of Ocado, and the market moving back into bombed out stocks in Aerospace, Retail, leisure and Tourism etc. I also think that a deal on Brexit will be done which will help the Ftse get back to at least 6500 by Christmas. So opportunities across the Board despite the rises the last two days. I also hold Asset Management Stocks like M&G and SLA who have a balanced portfolio of investments. MNG (formerly part of Prudential) has a 10% dividend yield at the current price - where else could you get that return?! Hope that helps a little. All views my own.